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.
Common Sense Licensing Reform
SBAC INSIGHTS PAGE COMMON-SENSE LICENSING REFORM There are 132 occupational licenses in Illinois. Let’s reflect on that for a moment and consider whether there are ways to protect the safety, welfare, and health of the public without needlessly hurting entrepreneurs and small businesses. The red tape associated with monitoring and enforcing all these licenses also…
Former SBAC ACTION CALL: Contact Your Legislators on Economic Incentives
SBAC INSIGHTS PAGE SBAC ACTION CALL: Contact Your Legislators on Economic Incentives Please consider reaching out to your legislators and asking them to sponsor the Small Business Job Creation Tax Credit Act and Small Business Property Tax Relief Act. Below are current sponsors of this legislation, so if you reach out to them, it can…
Small Business Impacts of New Rules
SBAC INITIATIVES PAGE Small Business Impacts of New Rules Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download Quick Fact Sheet Download One-Pager
