Bars, restaurants and other businesses that open to customers in defiance of Illinois’ stay-at-home order now risk being charged with a misdemeanor. The new penalty level has been in effect since Friday afternoon when Gov. J.B. Pritzker’s administration quietly filed the emergency rule. While Pritzker’s executive order requires restaurants, salons and gyms to remain closed to on-site patrons due to COVID-19, the…
As entrepreneurs and small business owners focus on how to pay expenses during the COVID-19 pandemic. Entrepreneurial advocates and Black Business Chambers are working to find solutions to help black business owners deal with the healthcare and economic crises affecting America. The Small Business Administration (SBA) announced funding for small business owners in March through the Coronavirus Preparedness and Response…
On May 15, 2020, Larry Ivory, President and CEO of the Illinois Black Chamber of Commerce participate in the Access to Capital for Minority Entrepreneurs and Small Business During the Crisis Webinar Series. The series is hosted by the Federal Reserve Bank of Chicago, Financial Department. Yolanda Daniel, Vice President Finance and Chief Procurement Office of the Federal Reserve Bank…
Written by National Black Chamber of Commerce (NBCC) “Thanks to all who participated in our National Call to Action! Special thanks to White House Economic Advisor Larry Kudlow, Congressman Danny Davis, Dr. Jeffrey Sterling and John Harmon for taking the time to discuss the CARE Act, medical supply contracts, affirmative action and next steps going forward. The National Black Chamber…
By Megan Pierce Loevy & Loevy is taking on banks that discriminate against minority-owned businesses. Though some banks have been engaging in racially discriminatory practices for centuries, the Paycheck Protection Program (PPP) has thrust these practices into the spotlight. Congress created the PPP to benefit all small businesses with taxpayer-funded loans during the unprecedented COVID-19 pandemic, which has shuttered businesses across…
NBCC Call-To-Action Conference Call COVID-19 Survival of Black Small Businesses in the United States Is at Stake! Thursday, April 16, 2020 | 5:00 p.m. EDT RSVP and Get Call-In Details The COVID-19 pandemic has wreaked havoc on Black lives and businesses across the U.S. While Congress has passed the CARES Act, small black businesses have been left out of funding,…
The new Coronavirus COVID-19 is having a devastating impact upon the well-being of people and businesses across the world. The virus started in China and is now hitting the U.S. According to the CDC data, nearly 40 percent of U.S. patients sick enough to be hospitalized were age 20 to 54, with over 10,600 infected. But the risk of dying…
Small Business Facts Spotlight on Minority-Owned Employer Businesses May 2019, Nora Esposito, Research Fellow At A Glance According to the Census Bureau’s latest Annual Survey of Entrepreneurs (2016), there are 1,054,575 minority-owned businesses with employees in the United States. Overall, 20 percent of all employer businesses were at least 51 percent owned by minority entrepreneurs, employing 8.7 million workers at…
