Back to Business Grant Program
AUG 13th - The Illinois Department of Commerce and Economic Opportunity launched the Back to Business grant program for struggling small businesses on Wednesday. On August 12th, the SBAC participated in a joint Illinois Senate hearing to learn more about the program. We explained how important it is for the program to be transparent and promptly provide funds to as many small businesses as possible. We appreciated the opportunity to engage with Senators and DCEO on this crucial grant program.
Please visit DCEO’s website to learn more about the program. We are glad to answer questions as well. https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/B2B.aspx
The SBAC will be closely watching how the program is implemented.
Ordinance Makes It Easier for Entrepreneurs to Operate Home-Based Businesses in Chicago
The pandemic has cost Chicagoans jobs and recently unemployed individuals may explore starting their own business. However, these budding entrepreneurs may not have the funds to rent space. Indeed, even more established entrepreneurs may need to consider moving their businesses into a residence for the time being given the economic impact of the pandemic. This is…
Crucial Legislation Filed to Get People Back to Work
RISE Action Call – SIGN HERE PRESS RELEASE: CHICAGO, ILLINOIS, UNITED STATES, February 22, 2021 /EINPresswire.com/ — Representative Jennifer Gong-Gershowitz has filed the RISE Act in the General Assembly. The Small Business Advocacy Council (SBAC) urges legislators to pass the RISE Act (Recovery Initiative to Support Employment) to get people back to work and support…
Business Interruption Insurance
WHAT IS BUSINESS INTERUPTION INSURANCE? The COVID-19 pandemic has had a devastating impact on individuals, families and communities. The pandemic is also causing tremendous financial hardship on small and local businesses. Typically, businesses will carry business interruption insurance to cover for potential extended closures caused by extraordinary circumstances. Competent business owners have done their due…
