Thriving commercial corridors and neighborhood business districts can support local communities across Chicago and Cook County. However, many commercial corridors are struggling. We are looking for your feedback and insight on how to revitalize and empower commercial corridors. Please take a moment to fill out this short survey so we can better understand the needs…
SUPPORT NEIGHBORHOOD BUSINESS DISTRICTS BY REDUCING COMMERCIAL VACANCIES Struggling neighborhood business districts are often plagued by vacant properties. These commercial vacancies impact local economies, foster criminal activity and devastate communities. Local governments can reduce the property taxes owed by commercial property owners when their properties, or a portion of those properties, are vacant. While most…
SBAC Business Buzz – January 2022 Welcome to the inaugural episode of our new video series, SBAC Business Buzz, featuring Elliot Richardson’s update on SBAC initiatives impacting the Illinois small business community. Today’s 3-minute recap focuses on Back to Business Grants, Workforce, Occupational SPONSORS Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily…
JANUARY 18, 2022 FOR IMMEDIATE RELEASE Media Contact: Patti Zikmund // 773-459-3301 // patti@sbacil.org The Small Business Advocacy Council (SBAC), and a coalition of 50 state-wide business organizations, is working with Illinois political leadership on multiple pieces of legislation supporting small business for the upcoming General Assembly. The legislation will foster the recovery of small businesses,…
“A strong pandemic economic recovery includes recognizing that some communities have long been denied their fair share of resources,” said Governor JB Pritzker. The Illinois Department of Commerce and Economic Opportunity has announced on Monday, January 10th that $8.4 million in new additional grants will be available to small businesses and commercial corridors. This is…
