SBDC Centers During Covid-19
1 Oct 2020
In light of the Covid-19 Pandemic, many SBDCs will be forced to work virtually and in some cases close their centers.Please contact your local SBDC to see how you can continue your advising sessions virtually. If you are new, please click here.
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CDBG Covid-19 MicroEnterprise Loan Program
Oct 1 2020Small Business Resources for Covid-19 Response
City of Rockford, Economic Development Office
A new funding has been made available through the CDBG Micro-enterprise Business Loan Program which will provide $25,000 in funding relief to assist small businesses who have been adversely impacted by COVID-19. With...
Downstate Small Business Stabilization Program
Sep 25 2020We continue to accept applications under this program. This program will offer small businesses with at least one employee (not including the owner) and up to 50 employees the opportunity to partner with their local governments to obtain grants of up to $25,000 for 60 days of working capital. Grant...
Economic Injury Disaster Loan Programs
Sep 25 2020All Illinois small businesses can again apply for the EIDL. The SBA is offering low-interest federal disaster loans for working capital to small businesses and non-profit organizations that are suffering substantial economic injury as a result of COVID-19. While the EIDL Advance is no longer available, businesses can still apply...