Stories tagged with: small
WISBDC AT SIC EXPANDS OPPORTUNITIES FOR SMALL BUSINESSES
--CARES Act provides $160,000 in supplemental funding to WISBDC--
ELDORADO, Ill. (Sept. 16, 2020) -- The Workforce and Illinois Small Business Development Center at Southeastern Illinois College is able to expand opportunities to area small businesses through an expansion of funds provided to the... Read More.
Power Outage Planned for Small Section of Carmi Customers Wednesday Morning
There will be a planned power outage on Wednesday, September 16, 2020 from 7:30-8:30am for the 200 block of the east side of 7th Street, the 600-700 blocks of the south side of Oak Street, the 600 block of the north side of Crebs, and... Read More.
Downstate Stabilization Grant Awarded to Four Small Businesses in Clay County for $81,650
Louisville, IL – State Rep. Darren Bailey (R-Xenia) has been notified that four small businesses in Flora have been awarded grants who have been adversely affected from the coronavirus shutdowns. Small businesses work with their local and city, village and county governments to apply... Read More.
State of Illinois Announces $7.3 Million Investment for Illinois Small Business Development Centers to Assist Businesses Impacted by COVID-19
Funds to Boost Outreach, Training and Professional Guidance Available at No Cost for Small Businesses throughout Illinois
SPRINGFIELD – The Illinois Department of Commerce and Economic Opportunity (DCEO) today announced a new $7.3 million investment from the U.S. Small Business Administration (SBA) for... Read More.
U.S. Chamber of Commerce Foundation Launches Save Small Business Fund
To extend a helping hand to small businesses suffering from the impacts of the coronavirus pandemic, the U.S. Chamber of Commerce Foundation – in partnership with Vistaprint and a coalition of supporting companies, foundations, and philanthropic donors – is working to provide financial... Read More.
Southern Illinois Legislators Announce “Southern Illinois Strong” Drive Online Fundraiser to Benefit Regional Small Businesses Harmed by COVID-19 Crisis
MARION – As the COVID-19 crisis continues to cause economic hardship for small business owners across the State of Illinois and throughout the United States, Southern Illinois’ legislative delegation are endorsing a new “Southern... Read More.
Sen. Righter Urges Governor to Act on Unemployment Benefits for Small Business Owners and Self-Proprietors
Mattoon, ILL - State Sen. Dale Righter (R-Mattoon) urges Gov. J.B. Pritzker to act on unemployment benefits for small business owners and self-proprietors not typically eligible for unemployment benefits.Under the recently signed federal stimulus law, small business owners and self-proprietors are now eligible for... Read More.
DCEO Releases New Guidance About the Downstate Small Business Stabilization Grant Program
DCEO released new guidance overnight about the Downstate Small Business Stabilization Grant Program.First, an established business that has come under new ownership in the last three years is eligible to apply, assuming you can provide the financial information for previous years.
New programs available to help Illinois small businesses impacted by COVID-19
Paycheck Protection ProgramEligible recipients may qualify for a loan up to $10 million determined by eight weeks of prior average payroll plus an additional 25% of that amount.
Loan payments will be deferred for six months.
SBA will forgive loans if all... Read More.