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.
NEW PATH BUSINESS ADVISORS
For over 20 years, the leadership of New Path Business Advisors has helped hundreds of organizations and thousands of individuals identify and overcome roadblocks to financial, professional, and personal success. The foundation of success resides in your ability to define and live by your Core Values. We help you develop lead generation, sales, and growth…
NTIVA
Ntiva provides Managed IT Services, Cloud, Cyber Security, Telephony, IT Consulting, and more to businesses looking to grow with technology. Ntiva was officially founded in 2004 by CEO Steven Freidkin with only a handful of technicians. Over the years, we’ve grown both organically and through acquisition across multiple states. We now empower the growth of…
OPEN ONE SOLUTIONS
Custom integrated phone system designed to increase efficiency within your business choreographed with every function of the business. We provide the most advanced, state of the art equipment in IP telephony with as many, or as few features as you want, orchestrated to operate exactly how you want. Harney has collected a team of local…
