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REVITALIZATION IN THE NEWS: Illinois Announces $8.4 Million in Small Business Grants

“A strong pandemic economic recovery includes recognizing that some communities have long been denied their fair share of resources,” said Governor JB Pritzker.

The Illinois Department of Commerce and Economic Opportunity has announced on Monday, January 10th that $8.4 million in new additional grants will be available to small businesses and commercial corridors. This is a part of the final round of the Rebuild Destressed Communities Program.

 

Click here to learn more about the grants.

Insights Archive

Legislation to Help Black Owned Businesses Receive a Fair Share of State Contracts

By growthzone | January 8, 2021

READ H.B 2629 HERE TAKE ACTION Black Owned Businesses Deserve Access to Government Contracts Illinois has failed Black and African American owned businesses by failing to provide them access to state contracts.  For too long, they have been denied a fair share of state contracts and revenue.  Legislation has been filed to ensure Black and…

Home Based Businesses

By growthzone | December 1, 2020

Jumpstarting Chicago’s Economic Recovery The city of Chicago is facing unprecedented public health and economic challenges resulting from COVID-19. By executive order, by choice, or by necessity, many Chicagoans are starting and operating businesses from home during the pandemic. However, Chicago’s regulations make the home occupation license too complicated and too restrictive for these vitally…

Property Tax Reform

By growthzone | December 1, 2020

Citizens Empowerment Act The state of Illinois has the second highest property taxes in the US. Property taxes are a huge burden on Illinois residents and small businesses, and often drive people out of the state. Illinois also has 6,918 local units of government, according to the latest Census Bureau data, which is more than…

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