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Funding For Local Chambers of Commerce

funding for local Chambers Small Business Package

Funding For Local Chambers of Commerce

Local chambers of commerce which support small businesses and local communities throughout Illinois have been devastated by the pandemic. Lost memberships and the inability to host fundraisers have deeply impacted chambers of commerce. With the Delta variant causing further disruptions, many chambers continue to struggle, and some may not make it through the pandemic.

The SBAC is aware of these issues small chambers of commerce across Illinois are facing. So much so that the SBAC and the Illinois Association of Chamber of Commerce Executives (IACCE) hosted a joint call with Senate President Don Harmon and local chamber of commerce executives to address the scope of needs their small business members face. You can view that call in its entirety below.

Some chambers of commerce received Business Interruption Grants, but many did not. Moreover, while Back to Business grants may be available to chambers, these organizations do not wish to compete against their own members for funding. We are advocating for the use of ARPA funds to provide grants for local chambers of commerce with less than 1500 members. These grants should be awarded to chambers which can demonstrate a $5000 or greater loss of gross revenue from 2019 to 2020. The grants should equal two months of that lost revenue.

Read our quick fact sheet here.

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REVITALIZATION IN THE NEWS : South Shore

By jake@sbacil.org | November 18, 2021

REVITLIZATION IN THE NEWS Residents in the South Shore are taking revitalization into their own hands, revitalizing vacant spaces in their community.   Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including neighbors taking a redevelopment project into their own hands and more.  …

DHBL w/Elliot Richardson November 8, 2021

By patti@sbacil.org | November 15, 2021

SBAC President Elliot Richardson urges policymakers to adopt an economic strategy focused on local businesses and communities in his Daily Herald Business Ledger Column. READ HERE Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily Herald Tandem HR Interprenet Signature Bank Lexitas Empower Korey Richardson Open One Solutions Freeborn and Peters A…

The Small Business Package

By mrevis@sbacil.org | November 1, 2021

Many small and local businesses have been devastated by the COVID-19 pandemic. The Illinois unemployment rate remains high. Illinois politicians can partner with the small business community to enact policies that will help small businesses through this pandemic, reduce unemployment in our state, grow the Illinois workforce and generate revenue. There has never been a…

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