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!
Make Minority Contracting Reforms Now
The COVID-19 pandemic has had a devastating impact on the small business community. With businesses struggling, government contracts are even more important to many small businesses, including minority owned businesses with limited cash reserves and access to capital. The failure of governmental entities at all levels to ensure that minority businesses receive a fair share…
Urge Politicians to Make PPP Loans Deductible
ACTION CALL: Urge Politicians to Make PPP Loans Deductible to Support Small Businesses The Paycheck Protection Program Flexibility Act of 2020, or PPP, was passed in order to provide small businesses across the United States crucial relief during widespread government shutdowns due to the COVID-19 pandemic. These loans can be forgivable when proceeds are used…
SBAC featured in NBC News
Small Businesses struggle amid the Pandemic The SBAC has long been advocating for relief for Small Businesses since the COVID-19 Pandemic started. Elliot Richardson, President of SBAC was featured in NBC News stating “if there is no government intervention and stimulus relief provided to small businesses, many more will not make it through the winter,”…
