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
SBAC/BSM Town Hall This Saturday!
*Heading* The Small Business Advocacy Council in partnership with Building Strong Millennials is hosting a town hall at the Kroc Center this Saturday! Event Info: The Kroc Center 1250 West 119th Street Chicago, Illinois 60643 11:00 AM – 2:00 PM If you’re interested in learning more about commercial vacancies, how to start a…
Thank you to all the participants at the 2022 SBAC Golf Outing!
THANK YOU for attending our 2022 SBAC Golf Outing on June 29th! Thank you to everyone who came out to White Deer Run Golf Club on June 29th, 2022 to play golf and celebrate the SBAC. It was a beautiful day out in the sun. We had a great time and hopefully you did too!…
Neighborhood Revitalization Coalition Agenda
Revitalize, Empower, and Connect The NRC is working hard to support and revitalize neighborhood business districts. You can find some of the policies we are advocating for here: NRC Agenda SPONSORS Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Tandem HR Interprenet Signature Bank Lexitas Korey Richardson Open One Solutions Freeborn and Peters Founders…
