Description
The State of Illinois, through its Department of Commerce & Economic Opportunity, is seeking a single technical‑assistance provider to deliver statewide legal, accounting, and financial‑advisory services to socially and economically disadvantaged (SEDI) and very small businesses (VSBs) applying for SSBCI venture‑capital funding. The award is a reimbursement‑based grant of up to $2.25 million, covering a 12‑month performance period (Nov 1 2026 – Oct 31 2027). The grantee must be a nonprofit or for‑profit entity whose primary mission includes providing legal, accounting, or financial advisory services, and must be able to deliver all three service categories directly or via partners. Required activities include business formation assistance, licensing, audit preparation, financial modeling, investor‑readiness training, pitch‑deck clinics, outreach, and referral services. Quarterly reporting on service hours, businesses served, referrals, and economic‑benefit‑ratio targets is mandatory. No cost‑share is required; indirect costs are allowed.
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Contact
Shivani Chokshi