REBOOT ILLINOIS – How launching a Chicago home-based business just got easier Small business advocates have fought to ease restrictions that make it difficult to launch a home-based business in Chicago. On February 22, the City Council passed an ordinance that eliminated several rules hampering the ability of entrepreneurs to launch and grow a business from … more
THE SUNDAY SPIN – SBAC Co-Founder and CEO Elliot Richardson will be on The Sunday Spin: Politics with Rick Pearson this Sunday, February 12, after the 7:30 a.m. news update. Tune in to learn about how a coalition of business groups is urging Gov. Rauner and General Assembly leaders to end the unprecedented Illinois budget impasse. You … more
CHICAGO TRIBUNE – Morning Spin: Area chambers, small business groups “exhausted” by impasse The Small Business Advocacy Council and a coalition of 23 local chambers of commerce and other business groups have written a letter to Gov. Rauner and legislative leaders urging them to finally end the budget impasse. “The remarkable dysfunction in Springfield continues … more
CHICAGO INNO – ‘After a year of administrative wait, new law could help retain businesses, create jobs.’ With more awareness, equity crowdfunding has the potential to retain businesses and increase the amount of available jobs in Illinois. Read the full Chicago Inno article here.
CHICAGO TRIBUNE – Senator Tom Cullerton encourages local residents and businesses to consider intrastate equity crowdfunding as an option to expand and start new businesses. “The only way to grow our economy is to promote business friendly policies,” Senator Tom Cullerton said. “This new [crowdfunding] model will not only benefit Illinois, but local communities as well.” … more
CROWDFUND INSIDER – SBAC member Anthony Zeoli of Freeborn & Peters LLP recaps our intrastate equity crowdfunding press conference, which took place on Jan. 17 at 1871 Chicago. “While it took longer than expected to get here, crowdfunding for Illinois businesses is now officially up and running and it’s full steam ahead,” says Zeoli. As a little background, the … more
CHICAGO TRIBUNE – Three local companies, Native Sons of Chicago, Cardfrenzy, and CrossTown Fitness, are currently using VestLo, a new online crowdfunding portal, to raise capital. The SBAC helped organize a press conference at 1871 on Jan. 17. Read the full Chicago Tribune article here.
CHICAGO TRIBUNE – SBAC Founder and CEO Elliot Richardson discusses how education and awareness can build momentum for intrastate equity crowdfunding. Read the full article here.
SBAC co-CEO Elliot Richardson had the opportunity to discuss Illinois’ budget crisis, and the impact it is having on the small business community, at this month’s Daily Herald Business Ledger’s “Newsmakers’ Forum: Business & Economic Outlook 2016”. Elliot expressed his confidence in the state’s small businesses and entrepreneurs but also his concern about the damage … more
Illinois politicians have been unable to work together and pass a budget. Elliot Richardson, SBAC Co-CEO, joins You & Me This Morning on WCIU to discuss the impact this is having on our state’s economy, perception and the pain it is causing some of the state’s most vulnerable citizens. Folks can also find out how … more