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
Cutting Red Tape in Zoning: Neighborhood Revitalization Coalition
How can we cut red tape for small businesses through zoning? In the City of Chicago, every business license, location expansion and change of location application needs to be reviewed and approved by the Zoning Board of Appeals before a business license application can be processed. For a business owner to submit proper documentation, they…
Neighborhood Development and Investing with Community Investment Corp. & Woodlawn
Please join the Woodlawn Chamber of Commerce and the Community Investment Corporation (CIC) via Zoom to discuss targeted investments and working with the organization. Hear about community investment ideas. Learn about the Woodlawn – specific lending program. Understanding steps to work with CIC. Register here: https://www.ticketfalcon.com/e/cic/ SPONSORS Fifth Third Bank Saul…
Our Annual SBAC Golf Outing is BACK!
IT’S OFFICIAL! WE’RE GOING GOLFING! We are thrilled to announce that registration for the 13th Annual SBAC Golf Outing is NOW OPEN! The annual golf outing is a chance to relax and have fun with fellow SBAC members and guests! And it’s in-person! So invite your golf buddies and join us on Wednesday, June 29, 2022…
