The DeWitt County Development Council (DCDC) works as a business ally to help navigate the road to opening or relocating a business to DeWitt County, expanding an existing business, and helping with issues along the way. Our services are confidential and free. From business planning assistance, general questions, to assistance with funds and finances, our goal is to help your business find more success. We are the most helpful first call that you likely will make.
Two very popular programs that DCDC offers for business assistance includes our MicroGrant program and our low-interest Revolving Loan Fund.
DeWitt County for-profit businesses are able to apply to apply to receive needed funding to complete a business-related project that will enhance operations. Previous recipients of the DCDC micro grant used these funds to help grow and expand their business through equipment acquisition, expanded infrastructure, and other business resources. DCDC offers this program as a means for businesses to expand services for their customers and increase economic growth for DeWitt County. For more information click here to visit the DCDC Microgrant page
DCDC's Revolving Loan Fund (RLF) is able to lend a business up to $60,000 to help assist fill the gap where traditional lenders are unable to fully assist. This program has helped with equipment purchases, business acquisition including help with down payments, and business expansions. Traditionally, this program coordinates with partial financing from traditional sources but can have the ability to act as a stand-alone financing source. This program is unique in the maximum borrowed amount corresponds with the number of business employees. This low-interest loan has assisted several businesses within DeWitt County already and all of the money repaid, including interest only goes back into this fund to assist future businesses.
Reach out to discuss ways this loan can potentially help your business and for all the specific details.
From Tax Increment Financing to Facade Grants, and other non-traditional sources of business funding, DCDC can help connect area businesses with financial options they didn't even know were available. DCDC works with all local municipalities, programs, lenders, and adds its own programs to help you navigate the financial needs of your business as the market changes.
When starting a business there can be many moving parts and complications that are hard to foresee. DCDC can help with your business startup plans, A solid business plan is critical to obtaining lender financing and likely increases your business success. This no-cost service is an important first step towards business success.
Have a question or need some help? We'd love to hear from you. Contact us today!
217-935-5271 or info@dcdc-illinois.net
Dewitt County Development Council
PO Box 375, Clinton, IL 61727
(217) 935-5271
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