
Baking Good Legislation
On August 27, Governor Pritzker signed into law the Home-to-Market Act. The Home-to-Market Act allows producers of home-based food products to sell their goods directly to customers. This new law goes into effect on January 1, 2022. This will foster the growth of home-based entrepreneurs, known as the cottage food businesses.
Prior to the passage of the Home-to-Market Act, cottage food producers were only allowed to sell their products at farmer's markets. They were prohibited from selling at fairs or festivals, and online. Compared to other states, Illinois has one of the most restrictive regulations governing the cottage food industry. This new act will open the door for a vast increase in sales and provide cottage producers the opportunity to start or grow their businesses. The Home-to-Market Act comes at the perfect time as many of these home-based food businesses and farms were hit hard by the pandemic. During the pandemic, many farmer's markets delayed their openings, leaving cottage food producers unable to sell their products. The new bill will especially benefit women-owned businesses, as 77% of cottage food businesses are owned by women.
The SBAC is a strong advocate for home-based businesses. Check out our most recent win regarding HBBs.
Town Halls to Support Local and Small Businesses
We’re excited to announce a series of free community town halls focusing on policies that help revitalize neighborhood business districts and support small businesses. These town halls are designed to be informative, and interactive, and to bring communities together. Members and business owners are encouraged to further learn how the SBAC and a coalition of…
Daily Herald Business Ledger Articles with SBAC President Elliot Richardson
Check out all of SBAC President Elliot Richardson’s Daily Herald Business Ledger articles below 2024 2023 2022 2021 2020 2024 January 14, 2024 Robust engagement by the small business community paved the way for big legislative victories last year. 2023 December 10, 2023 Politicians should remember Small Business Saturday October 15, 2023 How small businesses…
5/3 Bank – Informational Articles
Fifth Third Bank – Commitment to Small Business SBAC partner Fifth Third Bank is committed to the success of small businesses. Because “small” is a misnomer for driving the economy and creating jobs in local communities as they have a “big” impact. Fifth Third partners with small businesses to provide the lending, lines of credit,…