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

Posted 5/27/20

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 the Illinois Small Business Development Center (SBDC) program – a statewide network focused solely on supporting Illinois businesses and entrepreneurs in starting, growing and maintaining their businesses at no cost. In the wake of COVID-19, SBDCs have played a vital role in connecting businesses with support resources and assistance programs designed to help keep businesses afloat.

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