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REVITALIZATION IN THE NEWS: Illinois Announces $8.4 Million in Small Business Grants

“A strong pandemic economic recovery includes recognizing that some communities have long been denied their fair share of resources,” said Governor JB Pritzker.

The Illinois Department of Commerce and Economic Opportunity has announced on Monday, January 10th that $8.4 million in new additional grants will be available to small businesses and commercial corridors. This is a part of the final round of the Rebuild Destressed Communities Program.

 

Click here to learn more about the grants.

Insights Archive

ACTION CALL: Big Legislation for Small Businesses

By mrevis@sbacil.org | April 5, 2021

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 over 7.5 billion in funds to foster recovery from the pandemic. A robust coalition of small business advocates are urging lawmakers to pass Senate Bill 1982, which will…

The SBAC Supports Relief For Chicago Small Businesses Through Reimbursement of Liquor License Fees

By patti@sbacil.org | April 5, 2021

The SBAC supports a proposed Chicago ordinance which will reimburse small businesses a portion of the liquor license fees they paid because they could not use their license during pandemic related shutdowns.  This ordinance will help many local businesses recover from the pandemic. Please translate this page to the language of your choice. Supporters Fifth…

PPP Deadline Extended To May 31st

By mrevis@sbacil.org | March 31, 2021

President Biden Signs PPP Extention Act Attention Small Business Owners: President Biden just signed the PPP Extension Act of 2021 which extends the Paycheck Protection Program an additional two months until May 31st. The Act also provides an additional 30-days for the SBA to process pending applications. Please translate this page to the language of your choice.…

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