The Illinois Department of Veterans' Affairs (IDVA) is committed to providing comprehensive support to veteran business owners. They offer a wide range of services, including assistance with business planning, access to capital, and government contracting opportunities. Additionally, the IDVA plays a vital role in guiding veterans through the certification process for their businesses. To further empower veteran entrepreneurs, the Illinois Small Business Development Centers (SBDC) are available, offering specialized business counseling, training, and a wealth of resources. The SBDC advisors provide guidance on various aspects, such as business planning, market research, financial management, and access to capital. They also offer valuable assistance with government contracting opportunities. For veteran-owned businesses navigating the government procurement process, the Illinois Procurement Technical Assistance Center (PTAC) serves as a valuable resource. The PTAC provides expert guidance on registering as a government contractor, finding bidding opportunities, understanding requirements, and submitting proposals. Although Illinois does not have a specific certification program for veteran-owned businesses, being a veteran-owned business still brings advantages and opportunities when pursuing government contracts and procurement. Recognizing the significance of financing, Illinois offers diverse financing programs to support veteran-owned businesses. These programs encompass various forms of financial assistance, such as loans, grants, and support in accessing capital for business development and expansion. These programs are often facilitated by the Illinois Department of Commerce and Economic Opportunity (DCEO), in collaboration with local financial institutions. This collaborative effort ensures that veterans have the necessary financial resources to drive the growth and success of their businesses.
To access the specific resources and benefits available for veteran business owners in Illinois, I recommend visiting the official websites of the Illinois Department of Veterans' Affairs (IDVA) at https://www2.illinois.gov/veterans/, the Illinois Small Business Development Centers (SBDC) at https://www2.illinois.gov/dceo/SmallBizAssistance/BeginHere/Pages/SBDC.aspx, and the Illinois Procurement Technical Assistance Center (PTAC) at https://www.illinois.gov/dceo/SmallBizAssistance/Procurement/Pages/PTAC.aspx. These websites should provide information on programs, certifications, financing options, counseling services, and other resources available for veteran entrepreneurs.
Additionally, you may consider reaching out to local veteran organizations, chambers of commerce, or the local Small Business Development Center (SBDC) in Illinois for further assistance and guidance tailored to veteran business owners in the state.
- Preferred Vendor Status, Certification Program, or State Procurement Program
- VBP - Veterans Business Program
- Offers business Tax incentive
- Small Business Loan Program
- Offers State Funding opportunity or Financial Assistance
- Business Resource and Education Programs
- VOB Networking and Mentorship
- Offers or proposed SSBCI CAP and OCSP Funding Programs
- - State Department: Illinois Department of Commerce and Economic Opportunity
- Program Types: Loan Participation Program
Loan Guarantee Program
- Program Names: Advantage Illinois LPP
Advantage Illinois LGP
Climate Bank Finance
IN-VENT
- Contact Information: [email protected]