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!
ROSCOE COMPANY
Count on us for the highest quality work uniforms and floor mats that elevate your brand, make your employees look great, maintains compliance, and ensures safety. Better ideas lead to better customer service. From automated sorting equipment to computerized garment tracking systems, Roscoe Takes Pride in helping you Take Pride in your company image –…
SBAC EMPOWER
SBAC Empower rebuilds economically challenged communities by supporting the establishment of new businesses that create employment opportunities, destination branding, and goodwill across Chicago’s business community.
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Andrew O’Conner and co-founder, Brian Henciak, formed Team Merchant because they were both tired of the same old payment processing industry tricks and wanted to do something different. They were passionate about helping businesses grow and knew that a team dedicated to the same mission and values could do better by being honest and doing…
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