Skip to content

Black And African American Owned Businesses Should Receive Their Fair Share Of State Contracts 

Black And African American Owned Businesses Should Receive Their Fair Share Of State Contracts

Illinois has failed many Black and African American owned small businesses because they have been unable to procure their fair share of state contracts or receive a fair share of the revenue associated with state contracts. Indeed, the failure of Black and African American owned businesses to receive state contracts is stunning.  State Representative Will Davis has filed HB 2629 to rectify this situation.  There has never been a more important time to support Black and African American owned small businesses.

HB 2629 establishes as a goal that 40% of state contracts be awarded to minority owned businesses and that 20% of all state contracts be awarded to Black and African American owned businesses.  The legislation provides that companies will need to return the funds they receive which are allocated but not used to meet these goals.

Please support Black and African American owned small businesses by taking action so they can receive their fair share of state contracts. You can contact your state representative and ask them to sponsor this legislation by filling out the short form below.

It only takes a moment.  Thank You!

Insights Archive

What Chicago Retailers Should Know About The Kiosk Ordinance

By growthzone | May 6, 2024

SBAC INSIGHTS PAGE An ordinance has been filed which will impose a tax on retailers that use automated self-checkout kiosks. This ordinance taxes retailers $20,000.00 for each automated self-checkout kiosk operated at their establishment. The burden for paying this tax cannot be shifted onto customers. There are record-keeping requirements and other rules set forth by…

The Healthcare Protection Act: What Small Business Owners Should Know About the Bill

By growthzone | May 1, 2024

Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE

Small Business Economic Impact Analysis Template

By growthzone | April 30, 2024

Small Business Economic Impact Analysis Template Rule change: ______________________________________________________________________________________________ ____________________________________________________________________________________________________________ ____________________________________________________________________________________________________________   NAICS 2-digit codes of small businesses being impacted: ___________________________________________________ _____________________________________________________________________________________________________________   Estimated number of small businesses being impacted: _____________________________________________________   List how the rule will impact the following categories for a small business:         Hiring and staffing: _____________________________________________________________________________________    …

Scroll To Top