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Funding For Local Chambers of Commerce

funding for local Chambers Small Business Package

Chamber Relief Grant Program

Local chambers of commerce provide important support and services to small businesses.  They connect small businesses to potential customers and play a pivotal role in fostering commerce in local communities.  However, many chambers have been devastated by the pandemic.  For that reason, we are asking state politicians to allocate a modest sum of ARPA money to provide crucial relief to these local chambers.

The SBAC is championing legislation that will provide grants to local and regional chambers of commerce to help them recover from the pandemic.  Eligible chambers will receive grants in an amount equivalent to 2 months of lost revenue, or 1/6th of their annual lost revenue, for their losses between 2019 and 2020. Chambers must also have less than 1500 paid members to be eligible.  The total amount allocated for this proposed program is 5 million dollars, a small sum considering Illinois received over 8 billion in federal ARPA money.

You can read the full legislation here.

Chambers of commerce have struggled since the onset of the pandemic. This is the time for politicians to support the non-profit chambers that support small businesses and local communities throughout Illinois.

Reach out to us at 312.548.8608 or email patti@sbacil.org to learn more.

Archives

Relief for Small Businesses

By emma@sbacil.org | March 30, 2023

The Back to Business (B2B) Grant: The Small Business Advocacy Council fights for legislation that will support the small business community and neighborhood business districts.  We also understand the importance of providing information about programs that can benefit entrepreneurs and small businesses.  Illinois policymakers have launched another round of Back to Business grants (B2B) that…

Small Business Grants for Minority Owned Businesses

By patti@sbacil.org | March 28, 2023

It’s tough to run a small business. We know that funding is always top of mind at all times. In an effort to keep our small business owners informed of possible grants as they become available, we will list some as they become available and the criteria for applying.  We encourage you to take advantage…

Daily Herald Business Ledger Articles with SBAC President Elliot Richardson

By sara@sbacil.org | March 6, 2023

Check out all of SBAC President Elliot Richardson’s Daily Herald Business Ledger articles below 2023 2022 2021 2020 2023 March 5, 2023 Transparency will empower the small business community February 5, 2023 Making economic incentives available to small businesses January 8, 2023 Small business advocacy in 2023: Hitting the ground running 2022 December 11, 2022…

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