Northern Illinois Community Initiatives to provide access to $1 million in small business loans to support women, minority entrepreneurs over the next four years
NAPERVILLE, Ill., March 29, 2023 /PRNewswire/ -- Northern Illinois Community Initiatives (NICI), a foundation created by Nicor Gas, is announcing a new economic development program called Northern Illinois Community Ventures (NICV). It has been established to help small business startups and businesses owned by women and minority entrepreneurs access the capital and technical support they need to grow and thrive.
- It has been established to help small business startups and businesses owned by women and minority entrepreneurs access the capital and technical support they need to grow and thrive.
- A4CB will conduct outreach to business owners and encourage those who qualify to apply for a loan.
- Northern Illinois Community Ventures builds upon NICI's mission to attract investment, mobilize partners, and connect vital resources to underserved communities in Nicor Gas' service areas.
- "For many of them, a small business loan could mean the difference between going to the next level or going out of business."