ADVANTAGE ILLINOIS
The Advantage Illinois – State Small Business Credit Initiative (SSBCI) 2.0 Program will leverage $220 million in funding to support Illinois small businesses.
As part of the State’s commitment to equitably supporting small businesses, the Illinois Department of Commerce & Economic Opportunity (DCEO) will leverage outreach partners that focus on engaging historically underrepresented populations who have faced significant barriers accessing capital. The U.S. Department of the Treasury’s SSBCI guidance formally defines those groups as Socially and Economically Disadvantaged Individuals (SEDI) and Very Small Businesses, or businesses with fewer than 10 employees. Please see additional information in the Frequently Asked Questions (FAQs) for any additional questions or concerns. |