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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

Press Release – Chicago’s Cut Red Tape Agenda

By growthzone | March 2, 2021

Chicago’s Cut Red Tape Agenda March 2, 2021 FOR IMMEDIATE RELEASE Contact: Elliot Richardson // 847-380-4900 // Elliot@sbacil.org Cutting unnecessary and burdensome red tape will help Chicago’s small and local businesses recover from the pandemic.  Much of this red tape should have been eliminated long ago.    The Small Business Advocacy Council and a coalition of…

New PPP Rules for Sole Proprietors and Businesses with 20 or fewer Employees

By growthzone | February 25, 2021

New PPP Rules for Sole Proprietors and Businesses with 20 or fewer Employees From February 24th to March 9th, the Small Business Administration will accept applications for PPP loans for sole proprietors and businesses with fewer than 20 employees. The move is meant to make it easier for businesses with few or no employees –…

ACTION CALL! Legislation To Get People Back To Work

By growthzone | February 19, 2021

Legislation To Get People Back To Work State Representative Gong-Gershowitz has filed the RISE Act.  This legislation will get people back to work and support small businesses.  The RISE Act (House Bill 0801) creates a tax incentive for businesses that retrain and hire employees who have lost their jobs or businesses because of the pandemic.…

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