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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!

Insights Archive

DHBL article: Politicians should embrace these New Year’s resolutions January 2025

By patti@sbacil.org | January 13, 2025

SBAC INSIGHTS PAGE Politicians should embrace these New Year’s resolutions Each year, we hope politicians will prioritize and enact policies that support the small business community. Over the past few years, we have scored victories by partnering with legislators who care about small businesses’ success. However, this year much more must be done to create…

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By emma@sbacil.org | December 24, 2024

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    

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By emma@sbacil.org | December 10, 2024

SBAC INITIATIVES PAGE Supporting Entrepreneurship and Economic Development (SEED) Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download Quick Fact Sheet Download One-Pager    

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