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

Business Interruption Insurance

By mrevis@sbacil.org | January 21, 2021

WHAT IS BUSINESS INTERUPTION INSURANCE? The COVID-19 pandemic has had a devastating impact on individuals, families and communities. The pandemic is also causing tremendous financial hardship on small and local businesses. Typically, businesses will carry business interruption insurance to cover for potential extended closures caused by extraordinary circumstances. Competent business owners have done their due…

SBAC PPP Townhall

By patti@sbacil.org | January 15, 2021

Wondering what the new PPP stimulus entails and if you can apply? Does it include 501c6s? How is EIDL factored into the PPP this round? This SBAC Townhall answers these questions and more. Click on the youtube timestamp in the description below for a direct link to the answer to the question.   Please translate…

SBA Press Release: PPP

By patti@sbacil.org | January 11, 2021

The Small Business Association and Treasury have provided important information about the next round of PPP loans.    More information from the SBA about the second round of PPP is here.     Please translate this page to the language of your choice. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva UPS…

Scroll To Top