Many chambers of commerce were devastated by the pandemic. However, this did not stop them from providing crucial support to local businesses. The SBAC is thrilled to report that Illinois politicians have provided 5 million dollars to support the recovery of chambers of commerce in Illinois. The SBAC has been working to procure this funding for the past year to foster the recovery of chambers.
The distribution of these funds will be awarded via a grant through a program established by the Illinois Department of Commerce and Economic Opportunity. Chambers can receive up to one-sixth of the annual revenue lost between 2019 and 2020. In the event additional funds remain after eligible chambers receive grants, additional grants can be made to chambers. This bill will apply to chambers with an annual revenue of up to one million dollars.
Thank you to the chambers of commerce that worked with their legislators on this initiative. Thank you to the legislators that championed this legislation! This is a very big deal for the small business community
Taking Advantage of Your Membership
We want to ensure you are getting the MOST out of your membership at the SBAC. As a member-driven organization, YOU are our top priority, Want to know how to maximize your membership investment? Get involved and join us one Tuesday for our policy committee! Come join us at our Golf outing! Update your information…
Small Business Mayoral Forum Recap
The Small Business Advocacy Council and a robust number of chambers and organizations hosted a small business mayoral forum. This was a lively discussion about each candidate’s visions for supporting small businesses and neighborhood business districts. We want to thank all of the local chambers of commerce that partnered with us on this important forum.…
SBAC Women in Business: Roundtable on Small Businesses and Child Care
The SBAC Women in Business hosted a virtual roundtable with Chairman Edgar Gonzalez Jr. to discuss accessibility to affordable child care and small businesses. It was an insightful conversation and we sincerely thank Chairman Gonzalez for taking the time out of his busy schedule to join us and for championing this legislation! We look forward…
