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.
Taking Advantage of Your Membership
We want to ensure you are getting the MOST out of your membership at the SBAC. As a member-driven organization, YOU are our top priority, Want to know how to maximize your membership investment? Get involved and join us one Tuesday for our policy committee! Come join us at our Golf outing! Update your information…
Small Business Mayoral Forum Recap
The Small Business Advocacy Council and a robust number of chambers and organizations hosted a small business mayoral forum. This was a lively discussion about each candidate’s visions for supporting small businesses and neighborhood business districts. We want to thank all of the local chambers of commerce that partnered with us on this important forum.…
SBAC Women in Business: Roundtable on Small Businesses and Child Care
The SBAC Women in Business hosted a virtual roundtable with Chairman Edgar Gonzalez Jr. to discuss accessibility to affordable child care and small businesses. It was an insightful conversation and we sincerely thank Chairman Gonzalez for taking the time out of his busy schedule to join us and for championing this legislation! We look forward…
