The Small Business Advocacy Council has been working with a strong coalition on efforts to revitalize neighborhood business districts in Chicago. As part of these efforts, we are advocating to reduce fees for small businesses that want to open in Chicago. We are thrilled to report that we have worked with Alderman David Moore to file an ordinance that will cut fees for Chicago special use permits in half! A special use permit creates an exception to zoning regulations that may prohibit innovative businesses from opening.
The special use permit will still need to be approved by the Chicago zoning board of appeals. This simply makes it more affordable for certain small businesses to open in Chicago. The fee will be reduced from $1000.00 to $500.00 for businesses with 100 or fewer employees.
We look forward to engaging with politicians to get this ordinance passed!
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
SBAC and Fifth Third Bank Present: Post Election Commentary by Jeff Korzenik
A Post Election Commentary Presented by: Jeff Korzenik Managing Director, Chief Investment Strategist, Fifth Third Investment Management Group Discussion Points: Post-Election Policy and Market Implications Current State of the U.S. Economy: Differences and Similarities with Past Downturns The Impact of Monetary and Fiscal Intervention Health Risks and Unintended Consequences The Post Pandemic Economy: Disrupted Industries, Disrupted…
