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Insights Archive

PRESS RELEASE: BIG Legislation for Small Businesses

By mrevis@sbacil.org | March 25, 2021

Illinois Small Business Advocates Call For Funding and an Improved Business Interruption Grant Program Illinois small businesses are fighting to recover from the pandemic.  However, the Department of Commerce and Economic Opportunity reports that out of the 40,000 businesses that applied for a Business Interruption Grant, only about 9,000 received funding.  Business owners hanging on…

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

By mrevis@sbacil.org | March 17, 2021

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…

BIG Legislation for Small Businesses

By mrevis@sbacil.org | March 16, 2021

READ H.B 1860 HERE READ S.B 1982 HERE BIG LEGISLATION FOR SMALL BUSINESSES President Biden has signed The American Rescue Plan Act (H.R 1319) into law.  Accordingly, the State of Illinois is expected to receive $7.549 billion in funds to foster recovery from the COVID-19 pandemic. A robust coalition of small business advocates are asking that…

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