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.
SBAC’s Elliot Richardson on WGN Radio
SBAC’s Elliot Richardson talks with Anna Davlantes on WGN Radio about the impact the pandemic has had on the small business community. There has never been a more important time to stand with small business than right now! Listen to the whole 8-minute interview here: Listen to the Interview Here
Restart Act
THE RESTART ACT The RESTART Act provides a new loan program to fund six (6) months of payroll and fixed operating expenses. Some, or the entirety of the loan, is eligible for forgiveness. The amount that is not forgiven is to be repaid over seven years with favorable interest rates. The loan is 100% guaranteed…
R.I.S.E. Act – A Word from RISE Fest Performers
COVID19 has had a devastating impact on many gig workers and independent contractors. During our SBAC Rise Fest, we had a chance to speak candidly with our local performers on how they’ve been affected by the pandemic. They explain the loss in their community, in their work, and how their jobs have shifted. Their stories…
