Press Releases

SBAC Joins Coalition of Small Businesses in Open Letter to FCC – Urging Them to Preserve Net Neutrality

“The SBAC is committed to preserving equal access to the internet for both consumers and small businesses,” said SBAC CEO Elliot Richardson. “The internet is a vital tool for businesses to reach customers, and without the current net neutrality rules in place, ISP’s could have the autonomy to choose which websites and companies have access … more

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Business Organizations Call for an End to Illinois Budget Impasse

FOR IMMEDIATE RELEASE: CHICAGO, IL – February 2, 2017 – A robust group of business organizations from across the Chicagoland area have banded together to call on the Governor and Illinois legislative leaders to end their unprecedented, destructive political standoff.  These organizations have sent the state’s political leaders a letter imploring them to end Illinois’ … more

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Crowdfunding for Illinois Businesses Now Up and Running

Innovative program helps entrepreneurs, local communities CHICAGO – January 17, 2017 – Three Chicago-area business owners were profiled today as the first entrepreneurs to be raising money under the new Illinois intrastate equity crowdfunding law. The businesses are using this capital to create jobs, re-invest in the local community and generate potential revenue for investors. … more

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The Small Business Advocacy Council Announces The 5th Annual Healthcare Summit & The Business Event

CHICAGO, Sept. 22, 2015 /PRNewswire/ — The Small Business Advocacy Council, Metropolitan Chicago Healthcare Council and Jewish B2B Networking will be co-hosting the 5th Annual Healthcare Summit & The Business Event. The annual event will be held on November 10th at the Drury Lane Theater and Conference Center in Oakbrook Terrace, IL. This year’s event will feature keynote speaker, David DiLoreto, M.D., CEO of Presence … more

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Governor Rauner Signs Intrastate Equity Crowdfunding Bill

FOR IMMEDIATE RELEASE July 29, 2015   CONTACT Elliot Richardson 847.380.4900 elliot@sbacil.org   Governor Rauner Signs Intrastate Equity Crowdfunding Bill   Chicago – Governor Rauner has signed intrastate equity crowdfunding into law.   This new vehicle for raising capital empowers the small business community by allowing business owners and entrepreneurs to raise capital from a large … more

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SBAC launches SBAC Now, new lending platform

New Lending Platform Launches to Empower Small Business and Entrepreneurial Community SBAC and Mabbly to Launch Community-Based Lending Platform at Venture Pitch Session   Chicago (August 12, 2014) The Small Business Advocacy Council (SBAC) has partnered with Mabbly, an exciting company that has captured Chicago’s entrepreneurial spirit, in launching SBAC NOW, a unique lending platform.  … more

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Business Leaders call on State House to improve small business economic climate

Business groups applaud Illinois Senate for passing bill to lower LLC filing fees The Small Business Advocacy Council (SBAC) is joining forces with business groups across the state to applaud the Illinois Senate for passing SB 2776, which will lower Illinois limited liability company (LLC) filing fees from $500 to $39, and is calling on … more

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SBAC applauds EDGE Tax Credit Reform Bill for leveling the playing field for small business and ensuring greater accountability

The Small Business Advocacy Council (SBAC) applauds committee passage of EDGE tax credit reform which removes a million dollar capital investment barrier to small businesses competing for these credits and requires greater transparency and accountability for companies which receive EDGE tax credits. The Small Business Advocacy Council applauds the committee passage of HB3890 on a … more

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SBAC Initiative to Lower LLC Fees Gains Momentum

Governor Quinn Proposes Lowering LLC Fees CHICAGO (January 29, 2014) – The Small Business Advocacy Council (SBAC) praised Illinois Governor Pat Quinn for his commitment at today’s State of the State address to lowering Illinois LLC filing fees from $500 to $39. Lowering LLC fees is a wise investment in our state’s long-term economic prosperity, … more

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SBAC and MB Financial Bank Partnered to Bring Improved Small Business Credit Card to Members and Affiliates

New credit card offers the protections small business owners deserve The Small Business Advocacy Council (SBAC) and MB Financial Bank have partnered to bring small businesses a credit card that provides them with important consumer protections afforded to personal cards, SBAC CEO Elliot Richardson recently announced.  â€œWe are very excited about our partnership with MB … more

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