Two weeks left for businesses to take part in entrepreneur opportunities

Two weeks left for businesses to take part in entrepreneur opportunities

CHAMPAIGN – Local businesses have only about two more weeks to take advantage of two opportunities offered by the Illini Entrepreneurship Center Network.

– High-growth companies in East Central Illinois have until Aug. 15 to apply for challenge grant awards of up to $5,000 for professional services.

The services must help the company achieve a significant milestone and may relate to marketing and business strategies, funding, financial modeling and technology or product audits.

Recipients must provide a cash match equivalent to the award and must use the money by Dec. 31.

– The network is also offering discounts to start-up technology firms in East Central Illinois interested in being clients of Illini Business Consulting, a student consulting group at the University of Illinois, this fall.

If chosen, companies would pay only $1,000 to participate in the semester-long project, while the network would pay $4,000.

That's a deep discount from Illini Business Consulting's conventional rate of $10,000 per project.

As with the challenge grants, applications for the consulting grants are due Aug. 15.

Applications for the challenge grants are available at To apply for the business consulting grants, contact the network office at EnterpriseWorks directly at 333-8324.

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