The resurgence of Illinois' economy will strongly correlate to the recovery of the small business community.
Small business owners and advocates know what the small business community needs at this crucial time. Legislators are asking for input and recommendations. This is precisely the time for small business advocates to collaborate and put together a strong policy agenda. Read more from Elliot's Daily Herald article HERE.
Do you have an idea? Let us know your ideas on policies, initiatives, and programs that may help the small business community by filling out this form!
Restart Act
THE RESTART ACT The RESTART Act provides a new loan program to fund six (6) months of payroll and fixed operating expenses. Some, or the entirety of the loan, is eligible for forgiveness. The amount that is not forgiven is to be repaid over seven years with favorable interest rates. The loan is 100% guaranteed…
R.I.S.E. Act – A Word from RISE Fest Performers
COVID19 has had a devastating impact on many gig workers and independent contractors. During our SBAC Rise Fest, we had a chance to speak candidly with our local performers on how they’ve been affected by the pandemic. They explain the loss in their community, in their work, and how their jobs have shifted. Their stories…
Recommendation for Legislation on Minority Contracting
Illinois has failed to ensure that Black owned businesses procure their fair share of government contracts and revenue from government projects. Loopholes must be closed and reforms be made now! Read the SBAC’s recommendations for legislation to reform the process. Read the Recommendations here
