The RISE Grant Program
The pandemic has had a significant impact on the Illinois workforce. Small businesses are still struggling to hire qualified employees which has greatly impacted their operations. Illinois policymakers will need to promptly pass forward-thinking policies to help get folks back into the workforce.
The SBAC is advocating for the passage of The RISE Grant Program - HB4455. This legislation connects those interested working in a new field or industry with small businesses struggling to hire new employees. Importantly, HB4455 offsets the costs associated with on-the-job training at the inception of the employer-employee relationship. The legislation provides funding for $5,000 grants which can be awarded to businesses that (1) retrain and hire employees that lost their jobs or businesses because of the pandemic; (2) employ less than 50 employees; and (3) create a new net job.
Illinois received over $8 billion from the American Rescue Plan Act funds. The SBAC contends a responsible portion of those funds should be used to support small businesses struggling to hire new employees. This legislation allocates $250,000,000 in funding for this new grant program. This legislation connects those interested working in a new field, in part, facilitated by the pandemic, with small businesses that are struggling to hire new employees. HB4455 creates opportunities for small businesses, while helping get people back into the workforce.
SBAC Advocacy Update: Health Insurance, Government Contracts & Outdoor Dining
Illinois legislators concluded their regular session. We are excited to report there were some big wins for the small business community! Health Insurance Many small businesses are struggling to afford the cost of health insurance. The Illinois General Assembly passed legislation focused on protecting small businesses from excessive premium increases and enhancing transparency so that…
City Council Expands Outdoor Dining in Chicago!
Chicago’s City Council passed an ordinance that reinstates policies that expand outdoor dining in Chicago. This ordinance will permit restaurants and taverns to serve customers near the curb, on the sidewalks of adjacent buildings, and in parking areas in proper situations. The ordinance also permits street closures to support local restaurants and taverns should various…
Procurement Bidding Reform Passes both the Illinois House and Senate!
Read S.B. 2192 SB 2192 FACT SHEET Increasing Access to Government Contracts for Small, Minority, and Women-Owned Businesses SB 2192 View the Press Release on SB 2192 The SBAC is excited to announce legislation that will increase access to government contracts for small, minority, and women-owned businesses has passed both the Illinois House and Senate!…
