Supporting Struggling Small Businesses
The pandemic and Covid-19 mitigations began inflicting immense damage to many small businesses in March of 2020. Thousands of small businesses initially applied for Illinois Business Interruption Grants. While these grants helped some small businesses, approximately 80% of eligible small businesses which applied were not awarded a grant.
Subsequently, Illinois received over 8 billion dollars in American Rescue Plan Act funds. However, only $250 million were allocated for Back to Business grant program. These funds will likely be exhausted before many struggling and eligible businesses receive grants.
Illinois still has billions of federal funds and should replenish the Back to Business grant program with an additional $300 million. Our policymakers should not pick winners and loses when there is adequate funding to support the struggling small businesses.
House Bill HB5489 will allocate an additional $300 million for the Back to Business grant program. Please ask your legislators to support this legislation so that struggling small businesses can receive the support they need to recover from a pandemic, and associated mitigations, which they could not control.
NRC New Look, New Logo, Same Mission
New Look, New Logo, Same Mission In our 2nd year of actively and ardently working to revitalize neighborhoods throughout Chicago, we thought we’d bring a fresh new look to the incredible work that the SBAC and a robust group of chamber partners have spearheaded. We continue to advocate for policy reform to reduce vacancies, cut…
Forum on Small Businesses and Child Care
The cost of affordable and quality childcare has kept people from re-entering the workforce. This has significantly impacted many small businesses that continue struggling to find employees to support their operations. Join us for a virtual forum with Chairwomen Carol Ammons and Representative Edgar Gonzalez to discuss how to help get people struggling with childcare…
Thank you for joining us at the 2022 SBAC C.A.N Holiday Party!
THANK YOU for attending our 2022 SBAC C.A.N Holiday Party!! Thank you to everyone who came out to our Holiday Party on December 1st, 2022 to celebrate the holiday season and the SBAC. It was a beautiful day out in the sun. We had a great time and hopefully you did too! Want to…