This comes after decades of disinvestment.
After decades of disinvestment, two new grocery stores are being built on Chicago's West Side - something residents have long awaited as other grocery store chains close up shop.
The SBAC and our robust collation of partners are committed to revitalizing, empowering, and connecting local business districts across Chicago and Cook County. We believe that our revitalization initiatives will help meet these goals by providing access to resources and cutting red tape for entrepreneurs such as the ones mentioned in this article.
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
