women

Legislators Introduce Bipartisan Bill to Support Women Entrepreneurs

[WASHINGTON, D.C.] – Ahead of International Women’s Day on March 8, U.S. Senators Tammy Duckworth (D-IL), Tim Scott (R-SC), Ben Cardin (D-MD) and Susan Collins (R-ME) introduced bipartisan legislation, the Interagency Committee on Women’s Business Enterprise Act of 2020, to reauthorize a federal interagency committee that helps coordinate federal resources to encourage the formation, growth and success of women-owned businesses. There…

John Rogers Jr

Illinois Bill Requiring Minorities on Corporate Boards ‘Gutted’

Lawmakers Pass Version Calling for Disclosure, Report Card By Corilyn Shropshire for the Chicago Tribune Legislation that aimed to diversify corporate boards in Illinois passed during the final days of the General Assembly’s spring legislative session, but was stripped of a key provision that would have mandated minority representation. The bill, H.B. 3394, would have required Illinois companies to have…

minority business owners

Illinois New Funding for Capital and Infrastructure Program to Support Growth of Minority-Owned Businesses

Chicago, IL – Today the Department of Commerce and Economic Opportunity’s Office of Minority Economic Empowerment is posting two Notification of Funding Opportunities for a total of $15 million to provide minority-owned businesses with resources to help create jobs, build capacity, increase revenues, and expand regionally. The announcement marks the first time the program has been funded. “My administration is committed to…

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