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The Back to Business Grant Program

Supporting Struggling Small Businesses

The pandemic and Covid-19 mitigations began inflicting immense damage to many small businesses in March of 2020.  Thousands of small businesses initially applied for Illinois Business Interruption Grants.  While these grants helped some small businesses, approximately 80% of eligible small businesses which applied were not awarded a grant.

Subsequently, Illinois received over 8 billion dollars in American Rescue Plan Act funds.  However, only $250 million were allocated for Back to Business grant program.  These funds will likely be exhausted before many struggling and eligible businesses receive grants.

Illinois still has billions of federal funds and should replenish the Back to Business grant program with an additional $300 million.  Our policymakers should not pick winners and loses when there is adequate funding to support the struggling small businesses.

House Bill HB5489 will allocate an additional $300 million for the Back to Business grant program.  Please ask your legislators to support this legislation so that struggling small businesses can receive the support they need to recover from a pandemic, and associated mitigations, which they could not control.

VIEW THE FULL ILLINOIS HOUSE BILL HERE

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SBAC Mentoring Program

By patti@sbacil.org | November 17, 2022

We are thrilled that one of our very own Mentees is the recipient of such an award! We are so proud of you Walter Mendenhall IV and wish you continued success!! #sbacempower #smallbuisness #sbacempowermentoring #MaleMogul And check out Walter’s Linked In Post: https://www.linkedin.com/feed/update/urn:li:activity:6999124047074648064 Learn more about the SBAC Empower Mentoring Program by clicking here. SPONSORS…

New SBAC Empower Educational Webinars

By patti@sbacil.org | November 16, 2022

SBAC Empower strives to provide up to date resources to assist in your small business growth. We are proud to announce new Educational Webinars viewable at your leisure focused on helping small businesses open brick-and-mortar establishments in underserved communities. These webinars review programming that pertains to navigating the process of zoning, licensing, and leasing space…

Daily Herald Business Ledger Articles with SBAC President Elliot Richardson

By sara@sbacil.org | November 14, 2022

Check out all of SBAC President Elliot Richardson’s Daily Herald Business Ledger articles below 2022 2021 2020 2022 November 13, 2022 Swift action needed to restore confidence in our government October 16, 2022 Advocating during the fall legislative session September 18, 2022 Policymakers should prioritize established and new small business August 21, 2022 Defining Small…

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