Sims and Villanueva announce applications open for small business grant program

CHICAGO – Illinois Senate Democrats recently joined the Illinois Department of Commerce and Economic Opportunity to announce $10 million in funding for the Office of Economic Equity and Empowerment Small Business Capital and Infrastructure Grant Program. This initiative aims to help small businesses achieve sustainable growth, improve efficiency, and create and retain jobs through capital improvements.

"Programs like the OE3 grant are critical because they prioritize equity and uplift businesses that have been left behind for far too long,” said State Senator Celina Villanueva (D-Chicago). “By providing these resources, we’re not just supporting businesses — we’re fostering economic empowerment and generational growth."

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Cervantes bill aims to improve health care access in Illinois

SPRINGFIELD – To ensure more skilled health care professionals can practice in Illinois, State Senator Javier Loera Cervantes introduced legislation to better support the state’s physician assistant workforce and improve access to care.

“Before my work in the General Assembly, I worked with health care providers to resolve issues of inaccessibility, and I saw firsthand how it can take weeks or months to see doctors and other health care providers, leading to worse health outcomes for the patient seeking treatment,” said Cervantes (D-Chicago). “By streamlining the process of becoming a licensed physician assistant, patients will be able to receive medical help sooner.” 

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Morrison lauds investment in Fortune Brands Innovations’ expanded Deerfield headquarters

DEERFIELD — Building on Illinois’ commitment to expand job creation and support capital investment throughout the state, the Illinois Department of Commerce and Economic Opportunity announced the expansion of Fortune Brands Innovations headquarters in Deerfield.

“The State of Illinois’ business attraction incentives are stronger than ever under Governor Pritzker’s leadership,” said State Senator Julie Morrison (D-Lake Forest). “EDGE incentives are supporting Fortune Brands Innovations’ HQ expansion in Deerfield, and I’m proud to see this innovative company poised for continued growth as it creates and retains hundreds of good-paying jobs.”

Fortune Brands Innovations — an industry leader in creating home products under brands such as Moen, Larson, SentrySafe and Master Lock — will consolidate and streamline its U.S. divisional headquarters operations into a single global headquarters in Deerfield, creating at least 400 new full-time jobs.

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Sims praises work done to affirm AAA rating to Illinois Funds

CHICAGO – State Senator Elgie R. Sims, Jr. is praising the work done by the Illinois General Assembly to affirm the Illinois Funds – a mutual investment used by local governments – top AAA rating.

“When I look at the budgets we have passed in recent years, I see the work and years of fiscal responsibility paying off. We were able to pay down our bills, put money back in the pockets of the state’s hardworking families, and prioritize our local governments,” said Sims (D-Chicago). “Illinois is a stand-out state when it comes to putting the needs of our residents first – and we do so in a responsible, equitable way.”

The Illinois Funds lets government agencies use the Illinois State Treasurer’s resources to safely invest their funds while enjoying the economies of scale available from a $19+ billion pooled fund investment portfolio. The AAA rating by Fitch is the firm’s highest rating which is based on the pool’s credit quality, maturity, diversification, and management.

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