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
Illinois Announces Back To Business Grant Program – SBAC Testifies at Joint Committee Hearing
Back to Business Grant Program AUG 13th – The Illinois Department of Commerce and Economic Opportunity launched the Back to Business grant program for struggling small businesses on Wednesday. On August 12th, the SBAC participated in a joint Illinois Senate hearing to learn more about the program. We explained how important it is for the…
How small businesses are being impacted by the rise in COVID-19 cases
Elliot Richardson, co-founder and president of the Small Business Advocacy Council, joins Anna Davlantes to talk about how small businesses are being impacted by the Delta variant and COVID-19 cases rising around the country. Has there been enough support to keep our small businesses running throughout the pandemic? Please translate this page to the language of…
IACCE Chamber Call with Senate President Harmon
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