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Illinois Policymakers Should Support Small Businesses
The pandemic and COVID-19 mitigations began inflicting immense damage to small businesses in March 2020. Thousands of small businesses initially applied for Illinois Business Interruption Grants. While these grants helped some small businesses, approximately 80% of applicants were not awarded a grant.
Illinois then received over $8 billion in American Rescue Plan Act funds. However, only $250 million was allocated to the new grant program for struggling small businesses. These funds will likely be exhausted before many eligible businesses receive grants. With billions of ARPA funds remaining, policymakers should allocate an additional $300 million for grants to struggling small businesses.
Illinois politicians should finish what they started. They should replenish the Back to Business grant program and promptly get funds to struggling small businesses, some of whom have waited almost two years for a grant to help offset the damage caused by the pandemic and mitigations established to curb the spread of COVID-19.
Please fill out the call to action below and ask your legislators to support struggling small businesses. Thank you for supporting the small business community!
Saul Ewing: Key Employment Law Changes and Regulatory Developments
SBAC INSIGHTS PAGE We’re excited to share some insightful articles from our valued partner, Saul Ewing LLP, that cover important developments in employment law and regulatory updates. These resources provide valuable information for our SBAC members and are a great way to stay informed about recent legal changes and their potential impact on your business.…
Chicago Small Business Package: Eliminate Barriers & Streamline Processes
SBAC INSIGHTS PAGE Fact Sheet in Spanish Fact Sheet in Polish Fact Sheet in Arabic Fact Sheet in Chinese Fact Sheet in Vietnamese Find and Contact Your Elected Officials HERE! Download PDF here Download the Quick Fact Sheet here for key information on this initiative. Endorsed By: Alderman Anthony Beale Alderman Felix Cardona Alderman Peter…
Small Business Financing Transparency Act
SBAC INITIATIVES PAGE Small Business Financing Transparency Act Find and Contact Your Elected Officials HERE! Download One-Pager View HB Bill Language View SB Bill Language Download the Quick Fact Sheet here for key information on this initiative.