minority business owners

Illinois New Funding for Capital and Infrastructure Program to Support Growth of Minority-Owned Businesses

Chicago, IL – Today the Department of Commerce and Economic Opportunity’s Office of Minority Economic Empowerment is posting two Notification of Funding Opportunities for a total of $15 million to provide minority-owned businesses with resources to help create jobs, build capacity, increase revenues, and expand regionally. The announcement marks the first time the program has been funded. “My administration is committed to…

black business men

Outside Chicago, Few Minority-Owned Contractors for Central Illinois Work

Outside Chicago, Few Minority-Owned Contractors for Central Illinois Work by Tom Lisi for Herald & Review DECATUR — One problem remains three years after the city council approved an ordinance to give more opportunities to minority-owned businesses on public works projects: The small pool of qualifying businesses. The mandate requires contractors on city projects to make a “good-faith” effort to have 10…

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