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.
A Great Week with the Community!
Thank you Rodgers Park Business Alliance for having us! The SBAC and our Neighborhood Revitalization Coalition had the pleasure of attending the Glenwood Avenue Arts Festival this past this Sunday. We had a great time talking to some of the fantastic people of Rodgers Park about or efforts to revitalize, empower and connect Cook County’s…
NRC Events This Week
We Are Coming to Your Neighborhood! The Neighborhood Revitalization Coalition will be at local events this week promoting our robust agenda to revitalize, empower, and connect Cook County business districts! Here is a link to our Calendar: NRC Calendar | SBAC We will be attending the following events: Logan Square Farmers Market 3107 W Logan…
NRC This Weekend: Hyde Park Farmers Market July 24th
Come join us this Sunday! Come join the Neighborhood Revitalization Coalition this Sunday at the Hyde Park Farmers Market! We will be at the market promoting the NRC’s robust agenda and talking to the amazing community of Hyde Park. Information for the event is below. We hope to see you there! Hyde…
