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.
A Great Week with the Community!
Thank you Rodgers Park Business Alliance for having us! The SBAC and our Neighborhood Revitalization Coalition had the pleasure of attending the Glenwood Avenue Arts Festival this past this Sunday. We had a great time talking to some of the fantastic people of Rodgers Park about or efforts to revitalize, empower and connect Cook County’s…
NRC Events This Week
We Are Coming to Your Neighborhood! The Neighborhood Revitalization Coalition will be at local events this week promoting our robust agenda to revitalize, empower, and connect Cook County business districts! Here is a link to our Calendar: NRC Calendar | SBAC We will be attending the following events: Logan Square Farmers Market 3107 W Logan…
NRC This Weekend: Hyde Park Farmers Market July 24th
Come join us this Sunday! Come join the Neighborhood Revitalization Coalition this Sunday at the Hyde Park Farmers Market! We will be at the market promoting the NRC’s robust agenda and talking to the amazing community of Hyde Park. Information for the event is below. We hope to see you there! Hyde…