Black And African American Owned Businesses Should Receive Their Fair Share Of State Contracts
Illinois has failed many Black and African American owned small businesses because they have been unable to procure their fair share of state contracts or receive a fair share of the revenue associated with state contracts. Indeed, the failure of Black and African American owned businesses to receive state contracts is stunning. State Representative Will Davis has filed HB 2629 to rectify this situation. There has never been a more important time to support Black and African American owned small businesses.
HB 2629 establishes as a goal that 40% of state contracts be awarded to minority owned businesses and that 20% of all state contracts be awarded to Black and African American owned businesses. The legislation provides that companies will need to return the funds they receive which are allocated but not used to meet these goals.
Please support Black and African American owned small businesses by taking action so they can receive their fair share of state contracts. You can contact your state representative and ask them to sponsor this legislation by filling out the short form below.
It only takes a moment. Thank You!
Transparency Bill for Government Contracts
View and Download the SBAC FACT SHEET Legislation Focused on Small Businesses Seeking State Contracts Passes! The Illinois General Assembly passed legislation focused on important reforms to the bidding procedures for state contracts. Winning a state contract can be a game-changer for a small business. While much attention is focused on luring large businesses to…
14th Annual SBAC Golf Outing RETURNS
It’s that time of year again! Time to start thinking about the… 14th Annual SBAC Golf Outing 2023 Tuesday, June 6, 2023 The Preserve at Oak Meadows We had such a great turn out last year and made so many fantastic memories with you all (check out pics from last year to the…
Taking Advantage of Your Membership
We want to ensure you are getting the MOST out of your membership at the SBAC. As a member-driven organization, YOU are our top priority, Want to know how to maximize your membership investment? Get involved and join us one Tuesday for our policy committee! Come join us at our Golf outing! Update your information…