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.
Legalization of Sandwich Signs to Help Local Businesses
After persistent support from the SBAC to legalize sandwich signs, in June 2021, Chicago Alderman voted to adopt a new policy on sandwich signs, which will go into effect NEXT WEEK. On March 1, 2022, Chicago small businesses can officially use “A-frame” or sandwich signs on the sidewalk to drive foot traffic into their stores.…
REVITALIZATION IN THE NEWS: Two Locally Owned Grocery Stores Underway on West Side
This comes after decades of disinvestment. After decades of disinvestment, two new grocery stores are being built on Chicago’s West Side – something residents have long awaited as other grocery store chains close up shop. The SBAC and our robust collation of partners are committed to revitalizing, empowering, and connecting local business districts across…
OpEd: Crains Chicago Business
February 08, 2022 11:34 AM A Labor Shortage Creates an Opportunity to Help the Homeless Illinois politicians should engage those leading the fight against homelessness and also engage small-business advocates to explore how to prepare homeless individuals for a return to the workforce. NELI VAZQUEZ ROWLAND ELLIOT RICHARDSON Read the FULL OpEd HERE SPONSORS…
