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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!

Insights Archive

TEAM MERCHANT

By olivia@sbacil.org | January 5, 2020

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THE TRACTION GROUP

By olivia@sbacil.org | January 4, 2020

The Traction Group is a team of Chicago-area certified EOS Implementers. We have been professionally trained by EOS Worldwide and maintain the highest standard of knowledge and expertise in EOS implementation. We will provide you with proven tools and processes to get the growth, success, and freedom that you want. Based on the best-selling book, Traction:…

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By olivia@sbacil.org | January 3, 2020

Being a “small business” has never stopped you from having big ideas. But having fewer employees can mean it’s tough finding time to get everything done. So when your productivity is on the line, count on logistics. UPS provides technologies that create time-savers, allowing you to build shortcuts in standard processes. UPS’s reliable shipping and…

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