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Illinois Policymakers Should Support Small Businesses

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

Illinois then received over $8 billion in American Rescue Plan Act funds.  However, only $250 million was allocated to the new grant program for struggling small businesses.  These funds will likely be exhausted before many eligible businesses receive grants.  With billions of ARPA funds remaining, policymakers should allocate an additional $300 million for grants to struggling small businesses.

Illinois politicians should finish what they started.  They should replenish the Back to Business grant program and promptly get funds to struggling small businesses, some of whom have waited almost two years for a grant to help offset the damage caused by the pandemic and mitigations established to curb the spread of COVID-19.

Please fill out the call to action below and ask your legislators to support struggling small businesses.  Thank you for supporting the small business community!

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REVITALIZATION IN THE NEWS: 51st Corridor Development

By jake@sbacil.org | May 20, 2022

Vacant land being transformed to a multi-purpose unit! A development duo on the South Side of Chicago is bringing more restaurants, retail and housing to 51st Street Corridor. This multi-purpose unit will be built on a vacant space. Developments such as this are perfect examples of what can be done with the large number of…

Thank you for attending Rebound on the Rooftop!!

By sara@sbacil.org | May 13, 2022

THANK YOU for attending our Rebound on the Rooftop on May 11, 2022!! It was such a beautiful evening, the weather was PERFECT, and we are so glad we got to see so many of you in person again! If you weren’t able to make it, we missed you! And we hope we’ll see you…

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By jake@sbacil.org | May 13, 2022

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