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The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of vacant properties with entrepreneurs ready to transition into brick-and-mortar spaces. The program will also provide grants for eligible entrepreneurs aspiring to transition into storefronts or expand their current spaces.
The following neighborhoods will be part of this program: Auburn Gresham, Austin, Back of the Yards, Englewood, Gage Park, North Lawndale, South Lawndale, South Shore, Washington Park, and West Lawn. We will work with local chambers and business organizations to reach eligible entrepreneurs and property owners.
Learn more about the program here!
The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for small businesses in 2024.
Our state agenda for 2024 encompasses several key priorities:
- Property Tax Relief: We aim to advocate for measures that provide much-needed relief in property taxes for small businesses.
- Economic Incentives: We're pushing for the allocation of 50% of economic incentives to small businesses, fostering growth and sustainability within our entrepreneurial community.
- Healthcare Cost Reduction: Addressing the soaring costs of healthcare, particularly in terms of excessive drug costs, is a focal point. Our efforts are directed toward reducing health insurance premiums for small business owners.
- SAFER Communities Act: We are actively working towards the passage of the SAFER Communities Act, which is designed to offer resources to businesses hiring formerly incarcerated individuals. This initiative not only provides opportunities to returning citizens but also contributes to enhancing public safety and reducing recidivism rates.
This highlights some of the work we will be doing in Springfield this session. To learn more about our legislative agenda, visit our Advocacy Initiatives page on our website here.
The best way for the small business community to have a seat at the table is to be in the room! Look for updates from Springfield on our website and social media this Wednesday.
WGN News Highlights Policy Change for Vacant Storefronts
Vacant storefronts litter neighborhood business districts in disinvested communities, causing blight, impacting safety, and depressing economic activity. Because of the negative impact of vacant properties in neighborhoods across the city, a robust coalition of chambers and place-based organizations worked with the Cook County Assessor to put guardrails around a tax break property owners can receive when their property is vacant. Fueled by the support of The Chicago Community Trust, these efforts have resulted in a significant policy change that can reduce vacancies and revitalize neighborhood business districts by transforming vacant spaces into thriving small businesses.
We are thankful to WGN for covering the new policy change. You can watch it here!
We look forward to further advancing policies that support local businesses and commercial corridors.
Proposed Updates to Chicago's Retailer and Food Vendor Rules
The Department of Business and Consumer Affairs (BACP) has published proposed updates to the City of Chicago's Retailer Rules. The Department has also introduced certain rules for food vendors.
BACP is accepting public comments until February 26, 2024, regarding the proposed updates for Retailer Rules and introduced rules for food vendors. Please click here to learn how to make public comments or ask questions.
The only way to have a seat at the table is to be in the room. Be part of the discussion and make your voice heard!
Here is a consolidated list of proposed rules that the SBAC considers important for small businesses. However, please note that this is not an exhaustive list. For a comprehensive view, refer to both the Proposed Updates for Retailer Rules and the Proposed Rules for Food Vendors.
SBAC City of Chicago - Food & Retail Vendor Updates:
Definitions
- Added a 5th item to the section, Consumer commodities do not include ”prepared food and beverages (including liquor), intended for human consumption and which prepared at or consumed at a “restaurant” as defined in these rules.”
- Defines “food vendor” as any establishment required to be licensed whose sales of prepared food to order, or alcohol sold by the drink, or a combination of both comprise at least 90% of the establishment’s annual sales. This includes restaurants, bars/taverns, catering, and mobile food trucks.
- Defines “sale items” as merchandise sold for less than regular price.
- Defines “Sales dates” as the beginning and ending dates of any sales advertisement.
- Defines “Service fee” and “surcharge” as fees charged to pay for services related to the purchase of prepared food and beverages at a food vendor. The charge is typically added at the time of the transaction and covers services rendered to a consumer or administrative and/or processing costs of the food vendor.
Section I. APS – Certification
Rule 1 – Application for Certification
- Under A) added, “Each application must include samples of all the following: the establishment’s sales signs, shelf tags, receipts, return policies, check, debit card, and credit card policies, and media advertisements.”
Rule 9 – APS Certification Application Inspection Fees
- Fee amounts have been omitted. It is unclear if inspections are still subject to fees, and at what cost.
Section II APS – Pricing
Rule 13 – Receipt Requirements
- Adds “The receipt can be offered via paper or electronic methods. Examples of acceptable electronic delivery methods are email, text message, or smartphone applications.
Rule 15 – Shelf Labels
- Changes (A) from a label being required for all items offered for sale to “Unless an exception applies, all items offered for sale placed on a shelf must have a shelf label.”
Adds to Rule 15a: Acceptable shelf labeling includes the use of an “electronic screen” to display items for sale.
- Adds Rule 15d: Allows APS establishments offering non-consumer commodity merchandise (unpackaged fresh produce, very small and inexpensive items, prepared food, and prepared beverages) behind a counter to display a list of products and their prices in lieu of individual shelf tag labels. The sign must be clearly and legibly hand-printed, typewritten, computer-generated, or displayed on an electronic screen and include the name of the item and its selling price.
Rule 16 – Non-Shelved Item Signage
- A non-shelved, end cap, or other type of display sign is no longer excluded from shelf label and unit price requirements.
Section III APS – Inspection Procedures
21 – Inspections Pursuant to Application for Certification or Renewal of Certification
- Adds a new rule by adding a new letter, (B). (B) states, “An establishment must apply to the Commissioner by letter requesting that it be designated a specialty establishment under these rules and in that request must submit documentation sufficient to establish that the establishment’s annual sales of consumer commodities are 10% less of its annual sales.
Designation as a specialty establishment exempts a retail establishment from Rule 5 only.”
Section IV APS - Revocation of Certification; Other Actions
Section V – Non-APS Retailers
Rule 32 – Cash Registers and other non-APS devices
- Adds a new rule that allows for a receipt to be offered physically [paper] or electronically [through e-mail, text message, or smartphone application].
Section VII – BPA Rules
- Changed section title to exclude “(Bisphenol A)” and “regulations.”
Definitions
- Changed to exclude terms “BPA” (Bisphenol A) and “Child Container” and their respective
- Changed language to “BPA” free to include Section 7-28-637(a) of the Municipal Code of Chicago, which defines items that do not include Bisphenol A in their composition.
Rule 44 – Signage
- In (A) Changed to replace term “Child Container” with “Containers” and include Sectionv7-28-637(a) of the Municipal Code of Chicago.
- In i., changed to replace term “Child Container” with “Containers.”
- In ii., changed to replace term “Child Container” with “Containers.”
Section X – Penalties
Rule 50 – Penalties
- Changed to include “Chapters” to enhance concision and clarity.
Section XI – Fees for Inspecting and Sealing
Rule 51 – Fees *Rule 52 in previous version
- Fee for inspecting and sealing scales of a capacity of 6,000 pounds up to 24,000 pounds, each, has decreased from $25.00 to $15.00.
- Fee for inspecting and sealing scales of a capacity of 2,500 pounds up to 6,000 pounds, each, has decreased from $25.00 to $10.00.
- Fee for inspecting and sealing scales of a capacity up to 2,500 pounds, each, have decreased from$25.00 to $5.00.
- Fee for inspecting and sealing hopper scales of the capacity of 0 to 500 pounds, each, has increased from $0.00 to $6.00.
- Fee for inspecting and sealing hopper scales of the capacity of 501 pounds to 2,000 pounds, each, has increased from $0.00 to $14.00.
- Fee for inspecting and sealing hopper scales of the capacity of 2,001 to 10,000 pounds, each, has increased from $0.00 to $34.00.
- Fee for inspecting and sealing hopper scales of the capacity of 10,001 pounds and upwards, each, has increased from $0.00 to $75.00.
- Fee for inspecting and sealing two-bushel, one-bushel, and half-bushel measures, each, has increased from $0.00 to $1.50.
- Fee for inspecting and sealing any other dry measure, each, has increased from $0.00 to $1.50.
- Fee for inspecting and sealing every automatic weighing machine or other similar device of a capacity of less than three tons, used for weighing, each, has increased from $0.00 to $5.00.
- Fee for inspecting and sealing liquids measures of a capacity up to and including five gallons, each, has increased from $0.00 to $2.00.
- Fee for inspecting and sealing liquids measures of a capacity over five gallons, for each five-gallon capacity or part thereof, has increased from $0.00 to $5.00.
- Fee for inspecting and sealing any automatic machines used for measuring liquids, each unit, has increased from $0.00 to $5.00.
- Fee for inspecting and sealing yard measures, each, has increased from $0.00 to $5.00.
- Fee for inspecting and sealing any linear measure, for each three feet, has increased from $0.00to $2.00.
- Fee for inspecting and sealing any tape line exceeding 50 feet in length, has increased from$0.00 to $5.00.
- Fee for inspecting and sealing any automatic machine used for lineal measuring, has increased from $0.00 to $5.00.
- Fee for inspecting and sealing any automatic pump used for measuring gasoline, oils, etc., each, has decreased from $41.00 to $7.00.
- Fee for measuring a quantity of coal or wood and issuing a certificate of approximate measure or weight of same has increased from $0.00 to $14.00.
- Fee for inspecting and sealing gasoline and fuel oil tank trucks, wagons, or trailers of a capacity of 1,000 gallons or less, has increased from $0.00 to $34.00.
- Fee for inspecting and sealing gasoline and fuel tank trucks, wagons, or trailers of a capacity of over 1,000 gallons, for each 500-gallon capacity or part thereof, has increased from $0.00 to $34.00.
- Fee for inspecting and sealing any meter used for measuring gasoline, oils, etc., each, has decreased from $41.00 to $34.00.
- Excluded previously mentioned re-inspection fee of $100.00 [per site], which would be charged in addition to above fees [per device] if any inspected or tested device is condemned or rejected.
Rule 52 – Calculation of Fees *Rule 53 in previous version
- Changed to clarify that Section 4-276-020(b) is a part of the Municipal Code of Chicago.
Section XII – Food Vendor Requirements *Added
Rule 53 – Disclosure of Food Vendor Prices, Service Fees, and Surcharges
- Added that item prices, service fees, and surcharges including credit card fees, split order or bill charge and large group charges must be clearly displayed at the beginning of a customer’s ordering or sales process. Service fees and surcharges must be displayed on all menus, including online menus, restaurant signage, mobile apps and payment.
Rule 54 – Intended use of Food Vendor Services Fees and Surcharges
- Added that wherever service fees and surcharges are listed, their intended use must also be listed and described. Food vendors must explain service fees, surcharges, and their purpose at the request of a consumer. Food vendors must indicate what percentage if any of a service fee or surcharge is a mandatory versus optional charge. Food vendors must indicate what percentage of any service fee or surcharge will be paid to employees in general or specifically waitstaff.
Rule 55 – Food Vendor Receipt Requirements
- Added that a food vendor must always give a customer a receipt. However, the food vendor may offer the customer the option to elect to receive a paper receipt, an electronic receipt, or no receipt at customer's request.
Rule 56 – Food Vendor Price Marking
- Added to include exemptions on food vendor price-marking, instead requiring that “to-go "sections and non-consumer commodity merchandise vendors offer clear and legible signage. Underlines use of hand printed, typewritten, computer-generated, or electronically displayed posting. At minimum, it must include the name of the item and selling price.
The Debate Over The Chicago Real Estate Transfer Tax
Chicago is a tremendous city with a proud tradition. Our great city, however, faces multiple challenges, including persistent economic headwinds and an increase in homelessness. Economic development and enacting programs to alleviate homelessness are crucial. There are different philosophies about how to move Chicago forward, and an important vote is coming.
The enactment of a real estate transfer tax is on the ballot in March. This ballot initiative would create a graduated real estate transfer tax, which is paid by buyers who purchase commercial buildings or homes. Chicago currently has a 0.75% one-time tax on all estate sales. If passed, the ballot initiative does the following:
- Reduces the transfer tax for property sales under $1 million to 0.6%.
- Increases the transfer tax to 2.0% on the portion of property sales between $1 million to $1.5 million.
- Increases the transfer tax to 3.0% on the portion of property sales over 1.5 million, while maintaining the rates above.
Arguments Against the Ballot Initiative: These arguments have been raised by opponents of changing the real estate transfer tax:
- This proposal will hurt homeowners, renters, union workers, and businesses throughout the city.
- Chicago's businesses already struggle with the highest commercial property taxes in the country. Quadrupling transfer taxes will reduce investment and downtown property tax revenue, which the neighborhoods will make up for with higher property taxes.
- This tax will increase the development cost of all housing—including affordable housing—and worsen Chicago's housing shortage.
- Combined with high-interest rates and rising property taxes, it will cause commercial and residential rents to go up and make housing more expensive.
- A yes vote would give the City a blank check with no accountability for spending, even as it has failed to transparently manage the migrant shelter crisis.
Arguments for the Ballot Initiative: These arguments have been made by supporters of changing the Chicago real estate transfer tax:
- Most purchases will have less transfer taxes.
- Proponents estimate that 100 million dollars of revenue will be raised to alleviate homelessness.
- Funds will be spent primarily on building, rehabbing, or subsidizing permanent housing with wraparound services such as support with health, mental health, job training, and education. Permanent housing with supportive services is a model that is proven to end homelessness.
- Rents will not increase because should the initiative pass, any concerns about increased rents are overstated.
- The city has spent or dedicated all funds for homelessness, but some programs have a longer lead time, so it appears that funds are still unspent.
Additional arguments in favor of this ballot initiative can be found here: Bring Chicago Home FAQ
Additional arguments opposing this ballot initiative can be found here: www.protectchicagohomes.com
We are glad to put you in touch with advocates on both sides of this issue. Contact us at emma@sbacil.org with questions!
We're thrilled to announce the official launch of the Chamber Relief Grant Program by the Illinois Department of Commerce and Economic Opportunity (DCEO). The program aims to provide vital support to chambers of commerce dedicated to uplifting small businesses and local communities.
DCEO announced the launch of the chamber relief grant program, along with opening applications for the program. To access the application and gather more details, check out our official press release HERE.
DCEO will also be hosting a statewide information kick-off session on January 18th from 10:00-10:30. Information regarding this webinar is also contained in that first link on the press release.
Thank you all for your partnership and engagement as we worked to bring this to fruition. We are thankful this program will support the chambers of commerce that support small businesses and local communities!
Insights
Helpful Resources:
View the English webinar on Chicago’s Paid Leave and Paid Sick and Safe Leave Ordinance HERE.
View the Spanish webinar on Chicago’s Paid Leave and Paid Sick and Safe Leave Ordinance HERE.
The City Council has passed an amendment that delays implementation of the recently passed PTO ordinance until July 1st, 2024. This delay was championed by a robust group of local chambers and business organizations concerned that many small businesses would be unable to comply with the mandates of the ordinance by the end of the year. This delay is critical so that small businesses have the time to understand and adhere to the requirements in the ordinance.
The amendment also provides a cure period for private causes of action, although it does not address notice or excessive penalties, and expires on July 1, 2026. We will continue advocating for improvements to the cure period in 2024.
We are thankful for everyone that reached out to their alderperson and asked for time before the PTO ordinance was implemented. Your voice and engagement mattered!
The SBAC continues to formulate its state legislative agenda and that should be released shortly!
As always, feel free to reach out with any questions!
Insights
Insights Archive
Transforming Vacant Properties into Thriving Small Businesses
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…
The SBAC Heads to Springfield to Fight for the Small Business Community
Download SBAC Lobby Day Brochure here SBAC INSIGHTS PAGE The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for…
Support Chicago Small Businesses By Reducing Red Tape
Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE
Insights
The holiday season is upon us, and as we gear up for the festivities, there's no better way to spread joy than by supporting small businesses in our community. Chicago, with its vibrant and diverse neighborhoods, is home to a plethora of unique local shops, each offering a special touch to your holiday shopping experience.
To make your small business shopping experience even more delightful, Block Club Chicago has compiled the "Ultimate Guide to Shopping Local in Chicago for the Holidays in 2023." This guide is a treasure trove of unique and thoughtful gifts that showcase the talent and creativity of local artisans and entrepreneurs.
Explore the local businesses featured in Block Club Chicago's Small Business Gift Guide and discover the joy of giving back to the community that makes your holidays brighter.
Insights Archive
Transforming Vacant Properties into Thriving Small Businesses
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…
The SBAC Heads to Springfield to Fight for the Small Business Community
Download SBAC Lobby Day Brochure here SBAC INSIGHTS PAGE The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for…
Support Chicago Small Businesses By Reducing Red Tape
Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE
SBAC Updates
Financial Growth Opportunities
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. **
April
Introducing the Good Food Fund, a pioneering initiative supporting food entrepreneurs in underserved communities. Developed with input from the Food Equity Council, this program aims to drive growth, innovation, and inclusivity in the food industry.
Managed by Allies for Community Business (A4CB) and backed by a $5 million grant, the fund will provide sub-grants and low-interest loans across the food ecosystem. A4CB will also offer coaching and support for applicants.
To ensure fairness, a community advisory committee with industry experts and locals will guide the fund's operations.
TechRise offers weekly pitch competitions for early-stage entrepreneurs in Chicagoland, providing a platform for overlooked founders to showcase their startups. Founders can apply for upcoming competitions on a rolling basis, with pitch coaching and mentorship provided beforehand. Every Friday at 12 CST, five founders pitch their businesses to VC judges on Zoom, with competitions livestreamed on YouTube. The winning startup receives a non-dilutive grant prize ranging from $25K to $50K.
The Magnificent Mile Association aims to revitalize Michigan Avenue's retail corridor with a $300,000 grant from the Small Business Storefront Activation Program. As part of the initiative, the association plans to negotiate leases for one or two pop-up storefronts, fostering the growth of new businesses in the area. With the Mag Mile currently experiencing a 27% vacancy rate, the grant aims to replicate the success of previous endeavors, such as the Colores Mexicanos artisan gift shop, which turned a one-month stint into a long-term lease.
Learn more about the Small Business Storefront Activations HERE.
The SECC, in collaboration with the Elizabeth Louise Smith Fund of the Chicago Community Trust and private donors, is pleased to bring the 2024 Shirley J. Newsome Beautification Program Grant. Formerly known as the Neighborhood Enhancement Grant, this program aims to improve the physical appeal and walkability of Hyde Park, Kenwood, Oakland, Woodlawn, and Washington Park. Since 1999, it has awarded nearly $1,000,000 to over 200 projects led by community organizations, block clubs, schools, and park advisory councils. The application deadline is April 29, 2024, and grants can reach a maximum of $5,000 per project, depending on the proposed enhancements.
Learn more about the Shirley J. Newsome Beautification Program HERE.
May
The Tourism Incentive Grant Program will provide grant funding for establishment of an incentive grant program used by eligible entities to attract new out-of-state events to Illinois when competing with other states’ destinations. It may also be used to retain existing business when documentation is provided that the entity is competing against other states’ destinations to retain the business in Illinois. Grant funds for the incentive program cannot be offered to an event if multiple Illinois destinations are in competition for this same event.
The Magnificent Mile Association aims to revitalize Michigan Avenue's retail corridor with a $300,000 grant from the Small Business Storefront Activation Program. As part of the initiative, the association plans to negotiate leases for one or two pop-up storefronts, fostering the growth of new businesses in the area. With the Mag Mile currently experiencing a 27% vacancy rate, the grant aims to replicate the success of previous endeavors, such as the Colores Mexicanos artisan gift shop, which turned a one-month stint into a long-term lease.
Learn more about the Small Business Storefront Activations HERE.
June
While this pilot is launched out of GET Citieicago, the companies we partner with can be located anywhere in the country. It is important to note that your project participant (the "TechTalent") will be Chicago-based.
Information on this form will be used to select and match startups with emerging female, non-binary, trans, and BIPOC TechTalent (with a large focus on qualified college students and/or early career professionals). Companies will host a TechTalent participant for a scoped project, scheduled to occur in late summer/early fall 2023.
Startups that work with the pilot will receive their TechTalent for project-based work at a 50% subsidy for up to 80 hours of work at $18/hour for up to 20 hours/week, effectively receiving the TechTalent at ~$9/hr.
Learn more about the GET Cities Startup TechTalent Program Grant and Application HERE.
Provides front-loaded funding of up to $1 million to support the development of energy efficiency and renewable energy projects, businesses, community organizations, and job creation benefiting historically disadvantaged populations.
Learn more about the Equitable Energy Future Grant Program HERE.
The Small Business Improvement Fund (SBIF) is a grant program offered by the Department of Planning and Development (DPD) to tenants and owners of industrial and commercial properties in designated Tax Increment Financing (TIF) districts citywide. The grants, funded by TIF revenues, cover 30-90% of remodeling costs, with a maximum of $150,000 for commercial properties and $250,000 for industrial properties. Administered by SomerCor on behalf of the city, the grants do not require repayment.
Eligible participants include businesses in TIF districts, commercial businesses with annual sales up to $9 million, commercial property owners with net worth up to $9 million, and industrial businesses with up to 200 full-time employees. Residential projects are not eligible for SBIF grants.
Learn more about the Small Business Improvement Fund (SBIF) HERE.
The Pilsen Chamber empowers local entrepreneurs with micro-grants, fueling innovation and economic growth in the community. Our support not only provides financial assistance but also cultivates collaboration and opportunities for small businesses in Pilsen.
The Magnificent Mile Association aims to revitalize Michigan Avenue's retail corridor with a $300,000 grant from the Small Business Storefront Activation Program. As part of the initiative, the association plans to negotiate leases for one or two pop-up storefronts, fostering the growth of new businesses in the area. With the Mag Mile currently experiencing a 27% vacancy rate, the grant aims to replicate the success of previous endeavors, such as the Colores Mexicanos artisan gift shop, which turned a one-month stint into a long-term lease.
Learn more about the Small Business Storefront Activations HERE.
July
The Clean Energy Primes Contractor Accelerator Program empowers clean energy contractors through personalized coaching and progressive courses aimed at business plan development. It offers operational support grants, tailored coaching, mentorship, and access to vital services like the Clean Energy Contractor Incubator Program. Additionally, participants receive assistance with certifications, vendor status, bid preparation, and networking opportunities. Financial development assistance programs, including zero-interest and low-interest loans, are also available to support their growth.
Learn more about the Illinois Clean Energy Primes Contractor Accelerator Program HERE.
The Community Solar Energy Sovereignty Grant Program aims to offer financial assistance for planning, implementing, and managing community solar initiatives. This program furnishes initial capital to facilitate the establishment of community solar projects, along with seed funding to foster community participation in renewable energy endeavors.
Learn more about the Community Solar Energy Sovereignty Grant Program HERE.
Introducing the Technology Industry Grant Program in Peoria! This initiative aims to support technology-related businesses in establishing or expanding their presence in the city's vibrant tech ecosystem. Backed by funds from the American Rescue Plan Act (ARPA), the program will distribute $250,000 in grants ranging from $10,000 to $25,000.
The Pilsen Chamber empowers local entrepreneurs with micro-grants, fueling innovation and economic growth in the community. Our support not only provides financial assistance but also cultivates collaboration and opportunities for small businesses in Pilsen.
August
Each year, small businesses in Chicago's South Side take part in the South Side Pitch, showcasing their stories, impact, and future aspirations. Culminating in a shark-tank style showdown, finalists present their ventures to a city-wide audience and a panel of judges, vying for cash prizes exceeding $31,000! This initiative aims to celebrate these remarkable entrepreneurs, igniting inspiration and encouraging community empowerment through entrepreneurship.
September
During the Spring 2024 Grant Cycle, spanning from January 1 to March 31, non-profit charitable programs have the opportunity to secure grants in two essential categories: Food and Housing. Subsequently, in the Fall 2024 Grant Cycle, which extends from July 1 to September 30, organizations can apply for grants within two distinct categories: Housing and Economic & Workforce Development. This structured grant program aims to support and foster initiatives that address critical needs in these specified areas during the respective cycles.
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!
CLOSED GRANTS:
The Small Business Improvement Fund (SBIF) provides grant funding for permanent building improvements and repairs across the city.
Offered by the Department of Planning and Development (DPD) to tenants and owners of industrial and commercial properties, SBIF grants are funded by Tax Increment Financing (TIF) revenues in designated TIF districts citywide.
Program participants can receive grants to cover between 30 percent and 90 percent of the cost of remodeling work, with a maximum grant of $150,000 for commercial properties and $250,000 for industrial properties. The grant, which is administered by SomerCor on the City’s behalf, does not have to be repaid.
Learn more about Chicago SBIF and check for roll out dates HERE.
In 2016, the City of Chicago revised the Zoning Code to leverage funds generated by new development in and around the Loop to catalyze investment in Chicago’s West, Southwest and South Sides. The Neighborhood Opportunity Fund uses these funds to support commercial corridors in Chicago’s underserved neighborhoods. Business and property owners may apply for grant funding to pay for the construction or rehabilitation of real estate and projects that support new or expanding businesses or cultural assets.
Learn more about the Neighborhood Opportunity Fund and Application HERE.
The goal of the home modification program is to enable low-income elderly persons to remain in their homes through low-cost, low barrier, high impact home modifications to reduce older adults’ risk of falling, improve general safety, increase accessibility, and to improve their functional abilities in their home. This will enable older adults to remain in their homes, that is, to “age in place,” rather than move to nursing homes or other assisted care facilities.
HUD’s Office of Lead Hazard Control and Healthy Homes is making available grant funds and training resources to non-federal entities. Under this NOFO, experienced nonprofit organizations, state and local governments, and public housing authorities will deliver home modification services to qualified beneficiaries.
The IL Housing Development Authority (IHDA) has just announced a 25 million in funding for the Illinois Homeowner Assistance Fund Home Repair Program (HAFHR) which allows eligible homeowners the ability to address home maintenance needs that were delayed and exacerbated due to the COVID-19 Pandemic.
HAFHR will award grants ranging from $1 million to $5 million to nonprofits and/or governmental entities. Grantees will, in turn, make home repair grants up to $60,000 per eligible homeowner.
Learn more about the HAF Home Repair Grant and Application HERE.
The Small Business Administration is seeking applications for its Tribal College Small Business Achievement Grant Program. The mission of the TCSBA Program is to act as the catalyst for providing in-depth, substantive, outcome oriented business services to Native American entrepreneurs, both nascent and established businesses, a representative number of which are socially and economically disadvantaged. This mission is accomplished through the award of financial assistance to Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c) to enable them to affect substantial economic impact in their communities, as measured by successful business start-ups, job creation and retention, and increased company revenues.
A total amount of $1,000,000 in FY 2023 funding is available for this program. SBA expects to make four awards with a maximum amount of up to $250,000. Only qualified recipients will be funded. No matching contributions are required.
Learn more about the Tribal College Small Business Achievement Grant and Application HERE.
The Substance Abuse and Mental Health Services Adminis (SAMHSA) provides grants to healthcare providers and organizations that serve refugee and migrant people in the US.
This opportunity creates a Technical Assistance (TA) center to grow the capacity of healthcare providers and organizations that serve refugee and migrant people in the US. The TA Center will provide learning opportunities, training, and technical assistance, including clinical consultation; interactive online learning modules; learning communities; targeted TA and coaching; online educational materials and resources that are culturally relevant, language-relevant, resiliency focused, and trauma-informed. Estimated Total Program Funding: $3,000,000
Period of performance: Up to 5 years.
Learn more about the Refugee and Migrant Behavioral Health Grant and Application HERE.
The purpose of this Funding Opportunity Announcement is to invite proposals for funding from capable applicants to eligible small business concerns under the U.S. Small Business Administration’s Program to promote the development, success and long-term strength of small businesses providing specialized management and technical assistance, entrepreneurial education and training in delivering of vital business development services to Native American business communities across the country.
SBA expects to issue up to $320,000 in total under this announcement. SBA anticipates the amount of funding provided under each award will be in the range of $160,000. However, in the interest of promoting specialized services to areas with a population of Native Americans.
Learn more about the Native American Micro Enterprise Grant and Application HERE.
The Library of Congress is announcing a Notice of Funding Opportunity (NOFO) to make cooperative agreement awards in support of contemporary ethnographic field research focusing on the cultures and traditions of diverse communities across the United States.
The Library of Congress intends to award up to 10 awards pursuant to this notice of funding opportunity. The Library’s intention is to make awards of up to $50,000. The Library may choose to make no awards or more than ten awards.
Learn more about the Library of Congress Grant and Application HERE.
LegalZoom, the NBA, WNBA, and NBA G League are committed to encouraging entrepreneurship by supporting and investing in black small business owners. Tipping off at the start of Black History Month, the third of six grant cycles will open in this multi–year program. The deadline to complete the application was February 17, 2023.
One of many ways small businesses can apply for the capital needed to grow. As part of our mission to provide continued education to founders, all grant recipients also receive a scholarship to one of our acclaimed accelerator programs. Grant money can be used as growth capital to hire or rehire premium wage jobs. Cash infusion can be used to purchase, fix or enhance equipment necessary to help manage growth challenges and scale for the future. The deadline to complete the application was February 8, 2023.
Neighborhood Access Program (NAP)
The 2023 NAP application is now open. Idea Submission deadline was Friday, May 19 at 5pm CST.
The goal of this program is to support the cultural vitality of every Chicago neighborhood via grant programs and partnerships designed to be responsive to the complex needs of individual communities. This program will offer direct grants for all types of place-based arts and culture activities.
The Back to Business (B2B) grant program provides recovery grants for businesses in the hardest-hit industries. Through the state’s B2B and Business Interruption Grant (BIG) Programs, DCEO has provided more than $535 million to more than 15,000 businesses since the start of the pandemic.
Eligible restaurants, hotels and creative arts businesses are eligible to apply for $175 million in available grant funding as part of our efforts to support ongoing recovery in hard-hit industries. All applicants will receive a grant as long as they meet eligibility requirements, submit proper documentation and attestations required by the program.
The program design for B2B Restaurants, B2B Hotels, and B2B Arts, respectively, are based on legislation which established the Restaurant Employment and Stabilization Grant Program (20 ILCS 605/605-1100), Hotel Jobs Recovery Grant Program (20 ILCS 605/605-1095), and the Illinois Creative Recovery Grant program (30 ILCS 709/40).
Applications will be open between April 5 and May 10, 2023. DCEO encourages applicants to familiarize themselves with program eligibility requirements and reach out to local community navigators with any questions.
The LGBTQIA+ National Grant provides eligible small businesses the chance to receive one of 25 grant packages totaling $25,000. Founders First is committed to increasing the number of diverse founder-led businesses generating over $1 million dollars in revenues. We are offering $25,000 in Small Business Grants.
The $25,000 fund will make investments to 25 LGBTQIA+ led businesses in the United States.
The Illuminations Grant for Black Trans Women Visual Artists, a $10,000 grant, supports visual artists who are self-identified Black trans women and trans femmes. This new grant is made possible entirely through support provided by visual artist Mariette Pathy Allen with key consultancy by Aaryn Lang. This year, Mariette Pathy Allen has decided to expand the grant to further recognize finalists for their artistic achievements. Queer|Art is pleased to announce that the grant will also provide a $1,250 award to four distinguished finalists.
Qualified artists must be self-identified Black trans women and trans femmes working in visual art and based in the United States. Applications are open March 31, 2023-July 12, 2023.
The Cook County Small Business Source proudly introduces The 2023 Source Grant, which will provide $40 Million in grants to small businesses to help stabilize operations, foster recovery and resiliency, and advance equity in a post-pandemic economy. Application dates are July 20 – August 18.
Application review will begin in August 2023 and not before – so there is no rush to apply. Applicants will be notified of their application status by November 2023 and grant awards will be distributed in January 2024.
Inspired by Founders First CEO, Kim Folsom’s brother, U.S. Navy veteran Stephen L. Tadlock, the $25,000 fund will make investments of $1000 each to 25 veterans who are running employer-based small businesses across the country. Application deadline is 16 OCTOBER 2023.
Learn more about the Founders First Veteran Business Grant and Application HERE.
Today, WomensNet carries on that tradition, proudly giving away at least $30,000 every month in Amber Grant money. In recognition of the diversity of businesses owned by women, we’ve also expanded our grant-giving to include “Marketing Grants,” “Business Category Grants,” as well as two “$25,000 Year End Grants.”
Business Training cohorts are 10-week immersive business training programs comprised of specialized workshops, training, and resources facilitated in conjunction with the Neighborhood Business Center at West Side Forward. This cohort will meet from September - November 2023 in person on Tuesday evenings from 6:00 pm - 8:00 pm at West Side Forward HQ. Read more HERE.
West Side First also offers several grant opportunities with all of them open for application right now:
JI2 Program
JI2 is designed to create a pathway for individuals impacted by the justice system to tap into tangible opportunities for economic mobility and growth. Through intensive, hands-on training to either start a new career or build a business in three industries with high growth earning potential.
Manufacturing Entrepreneurship Cohort
The Manufacturing Entrepreneurship cohort assists founders in LMI markets in scaling hardtech businesses. MEC graduates become members of the BIT alumni network granting free access to a plethora of ongoing support and resources.
Business REMIX
Did you have a functioning business that was impacted by COVID-19? Need help rethinking your business idea and strategy? It's time to re-examine your business, the current business climate and help you identify critical adjustments required to succeed in this new economy.
The program takes a comprehensive approach to addressing multiple childhood diseases and injuries in the home by focusing on housing-related hazards in a coordinated fashion, rather than addressing a single hazard at a time. The program builds upon HUD’s successful Lead Hazard Control programs to expand the Department’s efforts to address.
The program takes a comprehensive approach to addressing multiple childhood diseases and injuries in the home by focusing on housing-related hazards in a coordinated fashion, rather than addressing a single hazard at a time. The program builds upon HUD’s successful Lead Hazard Control programs to expand the Department’s efforts to address.
During the Spring 2024 Grant Cycle, spanning from January 1 to March 31, non-profit charitable programs have the opportunity to secure grants in two essential categories: Food and Housing. Subsequently, in the Fall 2024 Grant Cycle, which extends from July 1 to September 30, organizations can apply for grants within two distinct categories: Housing and Economic & Workforce Development. This structured grant program aims to support and foster initiatives that address critical needs in these specified areas during the respective cycles.
The Pilsen Chamber empowers local entrepreneurs with micro-grants, fueling innovation and economic growth in the community. Our support not only provides financial assistance but also cultivates collaboration and opportunities for small businesses in Pilsen.
The Magnificent Mile Association aims to revitalize Michigan Avenue's retail corridor with a $300,000 grant from the Small Business Storefront Activation Program. As part of the initiative, the association plans to negotiate leases for one or two pop-up storefronts, fostering the growth of new businesses in the area. With the Mag Mile currently experiencing a 27% vacancy rate, the grant aims to replicate the success of previous endeavors, such as the Colores Mexicanos artisan gift shop, which turned a one-month stint into a long-term lease.
Learn more about the Small Business Storefront Activations HERE.
Incentives and Tax Credits
The Illinois Angel Investment Tax Credit Program encourages investment in innovative, early-stage companies to help obtain the working capital needed to further the growth of their company in Illinois. Investors in companies that are certified as Qualified New Business Ventures (QNBVs) can receive a state tax credit equal to 25% of their investment (up to $2 million).
Learn more about the Illinois Angel Investment Tax Credit Program HERE.
The data center’s investment program provides owners and operators with exemptions from a variety of state and local taxes for qualifying Illinois data centers. The program also provides data center owners and operators with a tax credit of 20% of wages paid for construction workers for projects located in underserved areas.
The Illinois Enterprise Zone Program is designed to stimulate economic growth and neighborhood revitalization in economically depressed areas of the state through state and local tax incentives, regulatory relief, and improved governmental services. Businesses located or expanding in an Illinois enterprise zone may be eligible for the following state and local tax incentives.
The River Edge Redevelopment Zone Program (RERZ) helps revive and redevelop environmentally challenged properties adjacent to rivers in Illinois. The River Edge Redevelopment Zone Act authorizes the Illinois Department of Commerce to designate zones in five cities: Aurora, East St. Louis, Elgin, Peoria, and Rockford.
RERZ provides several incentives authorized by State law. Two of these – sales tax exemption and property tax abatement (if offered in the zone) – are administered by the local zone administrators. The others involve tax incentives that are claimed on your Illinois Income Tax filing forms.
Illinois’ EDGE program provides annual corporate tax credits to qualifying businesses which support job creation, and capital investment and improve the standard of living for all Illinois residents. Initial qualification criteria require certain job creation and project investment.
Learn more about the Economic Development for a Growing Economy Tax Credit Program (EDGE) HERE.
This program supports large-scale economic development activities by providing tax incentives (similar to Enterprise Zones) to companies that make substantial capital investments in operations and create or retain an above-average number of jobs. Businesses may qualify for: investment tax credits, potential High Impact Business construction jobs credit, a state sales tax exemption on building materials and/or utilities, a state sales tax exemption on purchases of personal property used or consumed in the manufacturing process or in the operation of a pollution control facility.
Learn more about the High Impact Business Program (HIB) HERE.
Created as part of the Tax Cuts and Jobs Acts of 2017, Opportunity Zones provide an incentive for investors to invest in Opportunity Zones for a temporary tax deferral. Opportunity Zones are areas in Illinois that need investment to help create jobs and investment in areas that need it most. Opportunity Zones were created in 2018 through an analysis that included poverty rates, unemployment rates, the total number of children in poverty, violent crime rate, and population.
The Business Attraction Prime Sites Capital Grant Program assists companies with large-scale capital investment projects that commit to significant job creation for Illinois residents as they relocate or expand operations within Illinois. Prime Sites grants can encompass a wide range of economic development projects that will result in job creation in the state of Illinois.
Award amounts for eligible projects will be formula-based, and an applicant may apply for a grant of up to $10,000 per new job created. Grants will range from $250,000 to $25 million. This grant opportunity also includes a 4:1 match requirement, meaning grant funds can only cover 20% of the total eligible capital expenses for the proposed project.
Learn more about the Business Attraction Prime Sites Capital Grant Program HERE.
Employers are allowed a tax credit for qualified educational expenses associated with qualifying apprentices. Employers may receive a credit of up to $3,500 per apprentice against the taxes imposed by subsections (a) and (b) of Section 201 of the Illinois Income Tax Act, and an additional credit of up to $1,500 for each apprentice if (1) the apprentice resides in an underserved area or (2) the employer's principal place of business is located in an underserved area.
Learn more about the Illinois Apprenticeship Education Expense Tax Credit Program HERE.
WOTC (Work Opportunity Tax Credit) is a federal tax credit available to employers who hire and retain veterans and/or individuals from other target groups with significant barriers to employment. Employers claim about $1 billion in tax credits each year under the WOTC program.
What Workers can Employers Claim WOTC for?
- Veterans
- Temporary Assistance for Needy Families (TANF) Recipients
- Supplemental Nutrition Assistance Program recipients (also known as SNAP or food stamps)
- Designated Community Residents (living in Empowerment Zones or Rural Renewal Counties)
- Vocational Rehabilitation Referral
- Ex-felons
- Supplemental Security Income (SSI) Recipients
- Summer Youth Employee (living in Empowerment Zones)
- Long Term Unemployed (LTUR)
Learn more about the Work Opportunity Tax Credit (WOTC) HERE.
Provide businesses with sustainable, no-cost, and low-cost strategies to recruit, train, and retain the skilled workforce needed to thrive. Your partnership with DRS gives you access to our qualified vocational rehabilitation professionals. DRS provides job analysis, job coaches, training, and job accommodations/technical assistance.
There are several financial incentives that are available to businesses that hire individuals with disabilities. DRS can help you take advantage of these:
- On the Job Evaluations (OJE) are wages reimbursed to the employer for evaluating if an individual with a disability can perform the duties of a certain job.
- On the Job Training (OJT) reimburses an employer a negotiated wage if an individual with a disability that they hire needs certain kinds of training.
- Work Opportunity Tax Credits (WOTC) provides a tax credit for employers who hire certain targeted low-income groups, including vocational rehabilitation candidates and Social Security Administration (SSI/SSDI) recipients.
The River Edge Historic Tax Credit Program offers a 25% state income tax credit for qualified expenditures on certified historic structures within River Edge Redevelopment Zones (Aurora, East St. Louis, Elgin, Peoria & Rockford). This initiative, extended until December 31, 2021, aims to boost Illinois' economy by creating jobs through substantial rehabilitation projects. Recent changes in the Historic Preservation Tax Credit Act have transferred program administration to the Department of Natural Resources since January 1, 2019, fostering the revitalization of historic structures and neighborhoods.
Learn more about the Illinois Historic Preservation Tax Credit Program HERE.
Discover Illinois as a premier hub for film, TV, and advertising production! Explore diverse locations, from Chicago's skyline to historic neighborhoods. With stunning landscapes and a thriving industry, Illinois provides a 30% Film Tax Credit, making it a top choice for filmmakers and creatives.
The REV Illinois Act is a competitive incentives program aimed at boosting clean jobs in Illinois by attracting companies in the electric vehicle and renewables sectors. It supports the state's climate change goals, including achieving 100% clean energy by 2050 and putting one million EVs on the road by 2030. The program offers incentives for manufacturing electric vehicles, batteries, charging infrastructure, recycling products, and renewables like solar, wind, and energy storage. Benefits range from twenty to thirty years, including tax incentives, training credits, grants, and equipment/capital cost exemptions.
Learn more about the Reimagining Energy and Vehicles (REV) Illinois Program HERE.
The Business Attraction Prime Sites Capital Grant Program in Illinois supports companies undertaking significant capital investment projects that commit to creating jobs for residents within the state. Eligible projects range from new construction to renovation of industrial and commercial facilities, excluding warehouses. Grants, ranging from $250,000 to $25 million, are formula-based with a maximum of $10,000 per new job created. There's a 4:1 match requirement, limiting grant funds to cover only 20% of the total eligible capital expenses for the project.
Learn more about the Business Attraction Prime Sites Capital Program HERE.
Discover the benefits of WOTC (Work Opportunity Tax Credit) – a federal program offering employers tax credits of up to $1 billion annually for hiring and retaining veterans and individuals facing employment barriers. The credit amount varies based on factors like the hired individual's target group, first-year wages, and hours worked, with a maximum limit on the tax credit. Take advantage of this opportunity to support diverse hiring and boost your business.
Learn more about the Work Opportunity Tax Credit (WOTC) HERE.
Illinois is launching the Advantage Illinois – SSBCI 2.0 Program with $220 million to aid small businesses. The initiative prioritizes equitable support, utilizing outreach partners to engage historically marginalized groups like Socially and Economically Disadvantaged Individuals (SEDI) and Very Small Businesses. The program, guided by the U.S. Department of the Treasury, aims to address barriers these groups face in accessing capital.
Advantage Illinois under SSBCI 2.0 will offer two programs and must result in job creation or retention at the project location.
- Participation Loan Program (PLP) (presentation) – helps Illinois businesses get term loan financing at lower rates by purchasing a portion of the loan and lowering the risk for the lenders.
- Loan Guarantee Program (LGP) – provides a guarantee of partial principal repayment to the lender if a loan goes into default.
The Illinois Innovation Venture Fund (INVENT) is a $114 million equity capital program supported by the U.S. Department of the Treasury's State Small Business Credit Initiative (SSBCI) and managed by the Illinois Department of Commerce and Economic Opportunity (DCEO). This initiative aims to break down barriers for founders and communities that have struggled to access capital. The fund prioritizes small businesses, Capital Disadvantaged Business (CDB) owners, socially and economically disadvantaged individuals (SEDI), and industries aligned with the state's economic development plan. The goal is to foster sustainable growth, enhance access to capital, and support traditionally underserved entrepreneurs.
Learn more about the Illinois Innovation Venture Fund (INVENT) HERE.
This new program will be overseen by DCEO and administered by the Illinois Finance Authority (IFA), which will partner with local lenders to issue the loans. As Illinois officially designated “Climate Bank”, IFA will be exclusively focusing on providing its SSBCI-supported financing for the start-up and/or expansion of ventures directly involving environmentally supportive, “green” businesses, including those that address the adverse impacts of climate change.
Learn more about the Climate Bank Finance Participation Program HERE.
Transforming Vacant Properties into Thriving Small Businesses
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…
The SBAC Heads to Springfield to Fight for the Small Business Community
Download SBAC Lobby Day Brochure here SBAC INSIGHTS PAGE The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for…
Support Chicago Small Businesses By Reducing Red Tape
Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE
January 2024
Authored by: David G. Shapiro and Marielle C. MacMinn
SBAC Partner, Saul Ewing, provides an update on dubious Employee Retention Credit (ERC) claims - "many of which were made at the urging of aggressive promoters. The IRS is offering a limited-time Voluntary Disclosure Program (VDP) to encourage taxpayers to come forward, allowing taxpayers to keep some of the refunds received and offering to waive penalties and interest, in exchange for the taxpayers identifying the promoters involved in their ERC applications. All VDP applications must be submitted by March 22, 2024."
Learn more about what you need to know here --> IRS Announces Voluntary Disclosure Program for Employee Retention Credit Claims: Good News for Businesses That May Have Claimed the Credit in Error | Saul Ewing LLPWhat You Need
Did you miss it?
We had a great time at George Street Pub for the SBAC's annual Holiday party. Wow - what an incredible turnout - busting out the venue with almost 100 folks! Thank you for coming to celebrate the SBAC and its work in the Illinois communities. We are excited to watch 2024 be even better!
If you'd still like to support but missed the party?
And a few pics from the party...
Insights Archive
Transforming Vacant Properties into Thriving Small Businesses
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…
The SBAC Heads to Springfield to Fight for the Small Business Community
Download SBAC Lobby Day Brochure here SBAC INSIGHTS PAGE The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for…
Support Chicago Small Businesses By Reducing Red Tape
Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE
Oktoberfest war ganz Spaß!
(Oktoberfest was really fun!)
If you missed our event and would like to contribute to the SBAC, please click on the button to the right. The SBAC works diligently to advance policies that support small businesses, their employees and the revitalization of neighborhoods.
***The Small Business Advocacy Council has been determined to be an organization which is exempt from income tax under IRC Section 501(c)(6). Please consult your tax advisor about the deductibility of your contribution(s) for income tax purposes.
Prefer to mail a check?
Please indicate your contribution designation and mail to:
Small Business Advocacy Council
3033 N Clark Street
Chicago, IL 60657
Insights Archive
Insights
This is a crucial time for lawmakers to support policies that will revitalize neighborhood business districts and support Chicago small businesses. Therefore, we have formed a neighborhood revitalization caucus where politicians from various facets of government can come together, collaborate with stakeholders, and work to revitalize local economies.
We are very thankful to the following policymakers for their interest in participating in the caucus:
- Senator Lakesia Collins
- Senator Mike Simmons
- Representative Lilian Jimenez
- Representative Margaret Croke
- Representative Lindsey LaPointe
- Representative Hoan Huynh
- Representative Kimberly Du Buclet
- Alderman Jason Ervin
- Alderman Lamont J. Robinson
- Alderman Scott Waguespack
- Alderwomen Leni Manaa-Hoppenworth
- Alderwomen Jessie Fuentes
- Alderman Bennett Lawson
- Alderman Matt Martin
- Alderman Desmon Yancy
- Alderman Matt O'Shea
- Alderman Andre Vasquez
- Alderman Walter Burnett Jr.
- Alderman Derrick Curtis
- Alderman Gilbert Villegas
- Alderman William Conway
- Alderwoman Angela Clay
- BACP Commissioner Kenneth Meyer
We look forward to working with these policymakers to revitalize neighborhood business districts and support local businesses.
Insights Archive
Transforming Vacant Properties into Thriving Small Businesses
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…
The SBAC Heads to Springfield to Fight for the Small Business Community
Download SBAC Lobby Day Brochure here SBAC INSIGHTS PAGE The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for…
Support Chicago Small Businesses By Reducing Red Tape
Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE
Insights
We're excited to announce a series of free community town halls focusing on policies that help revitalize neighborhood business districts and support small businesses. These town halls are designed to be informative, and interactive, and to bring communities together. Members and business owners are encouraged to further learn how the SBAC and a coalition of engaged stakeholders have been working to revitalize neighborhoods throughout Chicagoland.
Because we know our community is located throughout the state of Illinois, we have chosen a few locations throughout the city to make access more convenient for you.
Click on one of the boxes below to find one near you and register today!
Insights Archive
Transforming Vacant Properties into Thriving Small Businesses
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…
The SBAC Heads to Springfield to Fight for the Small Business Community
Download SBAC Lobby Day Brochure here SBAC INSIGHTS PAGE The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for…
Support Chicago Small Businesses By Reducing Red Tape
Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE
SBAC partner Fifth Third Bank is committed to the success of small businesses. Because "small" is a misnomer for driving the economy and creating jobs in local communities as they have a "big" impact. Fifth Third partners with small businesses to provide the lending, lines of credit, and technical assistance they need to start, maintain, and grow.
Check out some articles that Fifth Third has written to help drive success.
CINCINNATI, May 2, 2023 /3BL Media/ - Small Business Week 2023 is April 30 to May 6 and Fifth Third Bank, National Association, is proud that it can offer local small businesses guidance, products, and services at every stage of the business lifecycle...
WASHINGTON — As aggressive marketing continues, the Internal Revenue Service today renewed an alert for businesses to watch out for tell-tale signs of misleading claims involving the Employee Retention Credit...
Insights Archive
Insights
The SBAC has significantly impacted the small business community since 2010. From reducing LLC fees to championing legislation focused on reducing premiums for small businesses and increasing transparency to understand better what drives health insurance costs.
Our mission has always been to fight alongside small business advocates to enact policies that support small businesses, their employees, and our economy. And we love when our community responds to us in words or videos. It means the world to us and keeps the momentum going as we continue to secure BIG wins!
With that - check out our new Testimonial page with videos, words of support and a fresh new look.
And if you'd like to add your words of support to the page - there's a link for that too. Thank you for all you do to help us help the small business community. Together we are strong.
Insights Archive
Transforming Vacant Properties into Thriving Small Businesses
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…
The SBAC Heads to Springfield to Fight for the Small Business Community
Download SBAC Lobby Day Brochure here SBAC INSIGHTS PAGE The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for…
Support Chicago Small Businesses By Reducing Red Tape
Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE
Insights
THANK YOU for attending our 2023 SBAC Golf Outing on June 6th!
Thank you to everyone who came out to The Preserve on June 6, 2023 to play golf and celebrate the SBAC! We hope you enjoyed the day as much as we did, and hopefully it was a fun way to kick off the summer.
Want to relive some memories from the outing? Thanks to our great photographer, Deja Views, we've captured many fantastic snapshots of the day, which you can find on our Facebook page or right here -->
And while you're at it, take a look at our digital brochure highlighting our wonderful volunteers and sponsors.
2023 SBAC Golf Outing Brochure
Thank you to everyone who made this day possible! We'll see you next year!
Insights Archive
Transforming Vacant Properties into Thriving Small Businesses
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…
The SBAC Heads to Springfield to Fight for the Small Business Community
Download SBAC Lobby Day Brochure here SBAC INSIGHTS PAGE The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for…
Support Chicago Small Businesses By Reducing Red Tape
Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE
Insights
Prompt Action Needed to Support Outdoor Dining in Chicago
Chicago’s neighborhood restaurants suffered greatly during the pandemic. When people were unable to gather indoors at restaurants, outdoor dining became the viable alternative. Chicago policymakers took action to provide restaurants with more flexibility and to build on the popularity of outdoor dining in our city. These policies have not been reinstated this year leaving restaurants and local communities uncertain how outdoor dining will be regulated.
