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Since 2002, the College of Business Administration's Institute for Entrepreneurial Studies has been home to an Illinois Small Business Development Center. The IL SBDC at UIC works closely with students, faculty and the community to assist emerging and established business owners with market analysis, business planning, securing business loans, and looking for equity investment (angel and VC). By providing business consulting, business plan development, financing assistance, referrals to lenders, and equity investment preparation, the IL SBDC at UIC has secured itself as a leading resource for business growth.
Since January 2011, the IL SBDC at UIC has helped clients secure over $2 million in loans, $3 million in equity investment, five clients have successfully registered for a patent, and two clients have received over $200,000 in SBIR funds.
The IL SBDC at UIC is funded and supported by the UIC College of Business Administration, Institute for Entrepreneurial Studies, and the Illinois Department of Commerce and Economic Opportunity.