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!
PNC Bank – Insights
Insights from PNC Bank We all need more “Insight” into what makes a business successful and how to get there. We are proud to highlight our partner, PNC Bank, and their professional insight into achieving financial success. Follow this link to view all of PNC Bank’s Insights or view snippets of the three most relevant…
DHBL Elliot Monthly Insights
SBAC INSIGHTS PAGE February 2025 The Small Business Community Can Bring People Together Why is the small business community well-positioned to push through the noise? Because small business owners know how to communicate, negotiate, compromise, and solve problems. Small business owners understand that listening to many points of view is often necessary to achieve their…
Government Contracting
SBAC INITIATIVES PAGE Government Contracting Improvements Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download One-Pager View House Bill Language View Senate Bill Language
