IL Small Businesses, Did you Know....
Did you know that according to the Illinois Small Business Association, a bit over 98% of the businesses within Illinois are Small Businesses? That means statistically, you can probably name most of the larger IL businesses off the top of your head! So, if you approach a store on the street, if you can't name it immediately, chances are it's your local Mom & Pop!
We at Empower strive to find ways to help each and every one of them. Be it via our incredibly successful mentorship program or through simple support and resources, we're here to help!
Check out the resources or maybe join that ever-successful mentoring program? We'll be waiting regardless.
References:
U.S. SMALL BUSINESS ADMINISTRATION OFFICE OF ADVOCACY. (2022). 2022 Small Business Profile.
Advocating for disadvantaged commercial corridors
SBAC President Elliot Richardson discusses a policy that will reduce vacant properties in struggling neighborhood business districts. Replacing commercial vacancies with small businesses will support local communities. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily Herald Tandem HR Interprenet Signature Bank Lexitas Empower Korey Richardson Open One Solutions Freeborn and Peters…
BLOCK CITY CHICAGO REPORTS on Commercial Corridor Revitalization
BLOCK CITY CHICAGO REPORTS HYDE PARK, WOODLAWN, SOUTH SHORE Some Landlords Keep Their Storefronts Empty For Years – And Get Tax Breaks For It. Business Leaders Want To Change That Small business advocates want to limit the tax breaks property owners can get on vacant storefronts. On 79th Street, three in five storefronts were vacant…
Funding For Local Chambers of Commerce
HB4993 -> 1 Pager & Endorsements Chamber Relief Grant Program Local chambers of commerce provide important support and services to small businesses. They connect small businesses to potential customers and play a pivotal role in fostering commerce in local communities. However, many chambers have been devastated by the pandemic. For that reason, we are asking…
