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Financial Growth Opportunities

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Running a business is hard and small business owners often do not have time to navigate grants, tax credits, and other funding opportunities. We are excited to help. While we cannot cover everything, we will do our best to keep you current on economic incentives that may be available for your business in 2024!

** It's essential to note that application deadlines for the grants are indicated by dates within the titles of the drop-down menu, ensuring a clear understanding of timelines associated with each opportunity. **

Grants for Minority Owned Businesses (1640 × 300 px)(5)

May

June

July

August

September

Still curious about how to get approved for a Small Business Grant?

Investopedia has a great article on the ins-and-outs of apply for and qualifying for a small business grant!

Learn more here

CLOSED GRANTS:

tax credits

Incentives and Tax Credits

prevent foreclosures 2020

Support Small Business and Prevent Foreclosures

By steve@sbacil.org | November 9, 2020

The COVID-19 pandemic continues to have a devastating impact on the small business community. Many small businesses are struggling to pay their employees and rent. Commercial property owners cannot pay their mortgage when their small business tenants cannot pay rent. Without swift action, small businesses will fail and foreclosures will skyrocket. Federal Legislation Needed The…

SBAC’s Elliot Richardson on WGN Radio

By steve@sbacil.org | November 9, 2020

SBAC’s Elliot Richardson talks with Anna Davlantes on WGN Radio about the impact the pandemic has had on the small business community. There has never been a more important time to stand with small business than right now! Listen to the whole 8-minute interview here: Listen to the Interview Here

Restart Act

By steve@sbacil.org | November 9, 2020

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…

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