Bill Text: IL SB2984 | 2021-2022 | 102nd General Assembly | Chaptered
Bill Title: Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Modifies requirements concerning entrepreneurship assistance centers to include assistance to youth entrepreneurs. Defines "youth entrepreneur". Makes conforming changes.
Spectrum: Slight Partisan Bill (Republican 12-5)
Status: (Passed) 2022-05-13 - Public Act . . . . . . . . . 102-0821 [SB2984 Detail]
Download: Illinois-2021-SB2984-Chaptered.html
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Public Act 102-0821 | ||||
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AN ACT concerning State government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Department of Commerce and Economic | ||||
Opportunity Law of the
Civil Administrative Code of Illinois | ||||
is amended by changing Section 605-503 as follows:
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(20 ILCS 605/605-503) | ||||
(This Section may contain text from a Public Act with a | ||||
delayed effective date ) | ||||
Sec. 605-503. Entrepreneurship assistance centers. | ||||
(a) The Department shall establish and support, subject to | ||||
appropriation, entrepreneurship assistance centers, including | ||||
the issuance of grants, at career education agencies and | ||||
not-for-profit corporations including, but not limited to, | ||||
local development corporations, chambers of commerce, | ||||
community-based business outreach centers, and other | ||||
community-based organizations. The purpose of the centers | ||||
shall be to train minority group members, women, individuals | ||||
with a disability, dislocated workers, and veterans , and youth | ||||
entrepreneurs in the principles and practice of | ||||
entrepreneurship in order to prepare those persons to pursue | ||||
self-employment opportunities and to pursue a minority | ||||
business enterprise or a women-owned business enterprise. The |
centers shall provide for training in all aspects of business | ||
development and small business management as defined by the | ||
Department. | ||
(b) The Department shall establish criteria for selection | ||
and designation of the centers which shall include, but not be | ||
limited to: | ||
(1) the level of support for the center from local | ||
post-secondary education institutions, businesses, and | ||
government; | ||
(2) the level of financial assistance provided at the | ||
local and federal level to support the operations of the | ||
center; | ||
(3) the applicant's understanding of program goals and | ||
objectives articulated by the Department; | ||
(4) the plans of the center to supplement State and | ||
local funding through fees for services which may be based | ||
on a sliding scale based on ability to pay; | ||
(5) the need for and anticipated impact of the center | ||
on the community in which it will function; | ||
(6) the quality of the proposed work plan and staff of | ||
the center; and | ||
(7) the extent of economic distress in the area to be | ||
served. | ||
(c) Each center shall: | ||
(1) be operated by a board of directors representing | ||
community leaders in business, education, finance and |
government; | ||
(2) be incorporated as a not-for-profit corporation; | ||
(3) be located in an area accessible to eligible | ||
clients; | ||
(4) establish an advisory group of community business | ||
experts, at least one-half of whom shall be representative | ||
of the clientele to be served by the center, which shall | ||
constitute a support network to provide counseling and | ||
mentoring services to minority group members, women, | ||
individuals with a disability, dislocated workers, and | ||
veterans , and youth entrepreneurs from the concept stage | ||
of development through the first one to 2 years of | ||
existence on a regular basis and as needed thereafter; and | ||
(5) establish a referral system and linkages to | ||
existing area small business assistance programs and | ||
financing sources. | ||
(d) Each entrepreneurship assistance center shall provide | ||
needed services to eligible clients, including, but not | ||
limited to: (i) orientation and screening of prospective | ||
entrepreneurs; (ii) analysis of business concepts and | ||
technical feasibility; (iii) market analysis; (iv) management | ||
analysis and counseling; (v) business planning and financial | ||
planning assistance; (vi) referrals to financial resources; | ||
(vii) referrals to existing educational programs for training | ||
in such areas as marketing, accounting, and other training | ||
programs as may be necessary and available; and (viii) |
referrals to business incubator facilities, when appropriate, | ||
for the purpose of entering into agreements to access shared | ||
support services. | ||
(e) Applications for grants made under this Section shall | ||
be made in the manner and on forms prescribed by the | ||
Department. The application shall include, but shall not be | ||
limited to: | ||
(1) a description of the training programs available | ||
within the geographic area to be served by the center to | ||
which eligible clients may be referred; | ||
(2) designation of a program director; | ||
(3) plans for providing ongoing technical assistance | ||
to program graduates, including linkages with providers of | ||
other entrepreneurial assistance programs and with | ||
providers of small business technical assistance and | ||
services; | ||
(4) a program budget, including matching funds, | ||
in-kind and otherwise, to be provided by the applicant; | ||
and | ||
(5) any other requirements as deemed necessary by the | ||
Department. | ||
(f) Grants made under this Section shall be disbursed for | ||
payment of the cost of services and expenses of the program | ||
director, the instructors of the participating career | ||
education agency or not-for-profit corporation, the faculty | ||
and support personnel thereof, and any other person in the |
service of providing instruction and counseling in furtherance | ||
of the program. | ||
(g) The Department shall monitor the performance of each | ||
entrepreneurial assistance center and require quarterly | ||
reports from each center at such time and in such a manner as | ||
prescribed by the Department. | ||
The Department shall also evaluate the entrepreneurial | ||
assistance centers established under this Section and report | ||
annually beginning on January 1, 2023, and on or before | ||
January 1 of each year thereafter, the results of the | ||
evaluation to the Governor and the General Assembly. The | ||
report shall discuss the extent to which the centers serve | ||
minority group members, women, individuals with a disability, | ||
dislocated workers, and veterans , and youth entrepreneurs ; the | ||
extent to which the training program is coordinated with other | ||
assistance programs targeted to small and new businesses; the | ||
ability of the program to leverage other sources of funding | ||
and support; and the success of the program in aiding | ||
entrepreneurs to start up new businesses, including the number | ||
of new business start-ups resulting from the program. The | ||
report shall recommend changes and improvements in the | ||
training program and in the quality of supplemental technical | ||
assistance offered to graduates of the training programs. The | ||
report shall be made available to the public on the | ||
Department's website. Between evaluation due dates, the | ||
Department shall maintain the necessary records and data |
required to satisfy the evaluation requirements. | ||
(h) For purposes of this Section: | ||
"Entrepreneurship assistance center" or "center" means the | ||
business development centers or programs which provide | ||
assistance to primarily minority group members, women, | ||
individuals with a disability, dislocated workers and | ||
veterans , and youth entrepreneurs under this Section. | ||
"Disability" means, with respect to an individual: (i) a | ||
physical or mental impairment that substantially limits one or | ||
more of the major life activities of an individual; (ii) a | ||
record of such an impairment; or (iii) being regarded as | ||
having an impairment. | ||
"Minority business enterprise" has the same meaning as | ||
provided for "minority-owned business" under Section 2 of the | ||
Business Enterprise for Minorities, Women, and Persons with | ||
Disabilities Act. | ||
"Minority group member" has the same meaning as provided | ||
for "minority person" under Section 2 of the Business | ||
Enterprise for Minorities, Women, and Persons with | ||
Disabilities Act. | ||
"Women-owned business enterprise" has the same meaning as | ||
provided for "women-owned business" under Section 2 of the | ||
Business Enterprise for Minorities, Women, and Persons with | ||
Disabilities Act. | ||
"Veteran" means a person who served in and who has | ||
received an honorable or general discharge from, the United |
States Army, Navy, Air Force, Marines, Coast Guard, or | ||
reserves thereof, or who served in the Army National Guard, | ||
Air National Guard, or Illinois National Guard.
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"Youth entrepreneur" means a person who is between the | ||
ages
of 16 and 29 years old that is seeking community support | ||
to
start a business in Illinois. | ||
(Source: P.A. 102-272, eff. 1-1-22.)
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