Many chambers of commerce were devastated by the pandemic. However, this did not stop them from providing crucial support to local businesses. The SBAC is thrilled to report that Illinois politicians have provided 5 million dollars to support the recovery of chambers of commerce in Illinois. The SBAC has been working to procure this funding for the past year to foster the recovery of chambers.
The distribution of these funds will be awarded via a grant through a program established by the Illinois Department of Commerce and Economic Opportunity. Chambers can receive up to one-sixth of the annual revenue lost between 2019 and 2020. In the event additional funds remain after eligible chambers receive grants, additional grants can be made to chambers. This bill will apply to chambers with an annual revenue of up to one million dollars.
Thank you to the chambers of commerce that worked with their legislators on this initiative. Thank you to the legislators that championed this legislation! This is a very big deal for the small business community
Small Business Community Provides Senator Murphy Crucial Input on Business Interruption Grants
CHICAGO, IL – Senator Laura Murphy conducted a meeting with the Small Business Advocacy Council, small business owners and local chamber executives to discuss their experiences with Business Interruption Grants. Many attendees expressed concern and frustration regarding the manner by which BIG grants were awarded. Communication breakdowns impacted small businesses and left them hanging in…
Meet the SBAC Interns – an integral part of the SBAC Team.
Meet the SBAC Interns – an integral part of the SBAC Team. In 2020, we were fortunate to have more than 15 interns supporting our small business initiatives at the SBAC. Hear why they chose to be part of the SBAC Community. And thank you to them all. Please translate this page to…
Chicago’s Cut Red Tape Agenda
CHICAGO’S CUT RED TAPE AGENDA PUBLIC WAY USE SIGN PERMITS Small and local businesses need City Council approval to display a simple sign that protrudes over the sidewalk by less than an inch. The fight to allow small businesses to display signs that protrude over the public way without City Council approval has been ongoing…
