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.
Illinois Businesses Opening Doors for the Formerly Incarcerated Resources
SBAC INITIATIVES PAGE Find and Contact Your Elected Officials HERE! llinois Businesses Opening Doors for the Formerly Incarcerated A Second Chance for All Informational Presentation: Credit for Wages Paid to Returning Citizens Expand Illinois Department of Revenue Informational Presentation: Credit for Wages Paid to Returning Citizens Resources & Fact Sheets Expand Download Quick Fact Sheet…
Prescription Drug Affordability Board (PDAB)
SBAC INITIATIVES PAGE Prescription Drug Affordability Board (PDAB) Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download Quick Fact Sheet Download One-pager Download PDAB FAQ Download PDAB Talking Points How High Prescription Drug Prices Hurt Small Businesses View House Bill Language View Senate Bill Language PDAB Town Halls Expand Upcoming Town…
SpeedPro: Celebrating the Journey of Growth and Company Milestones of SpeedPro Loop Chicago
SBAC INSIGHTS PAGE From Adversity to Achievement: Celebrating the Journey of Growth and Company Milestones of SpeedPro Loop Chicago SpeedPro Chicago Loop‘s Rebecca Considine is a wonderful and valued Small Business Advocacy Council’s Board of Advisors member. We are excited to celebrate Rebecca, SpeedPro Chicago Loop founder Eric Lazar, and the company in this blog.…
