March 12, 2013

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Illinois, Latest News

Governor Quinn Launches Women-Owned Business Initiative to Support Economic Growth


CHICAGO
 – Governor Pat Quinn announced today that the state of Illinois is launching a new initiative to support the growth of women-owned businesses as a driving force in the Illinois economy. The Department of Commerce and Economic Opportunity will host the state’s first Women Business Owners Symposium (WBOS) at the UIC Pavilion in Chicago on March 29, coinciding with Women’s History Month.

The event will bring together business leaders, lenders and technology experts to showcase the knowledge and opportunities available to help women-owned firms expand in Illinois.

“Women entrepreneurs are one of our state’s key job creation engines,” Governor Quinn said. “Our goal is to help women find the economic resources necessary to expand their companies and provide more employment for our state.”

Three out of 10 firms in Illinois are owned by women generating a total of $53.4 billion in sales, according to Illinois Department of Commerce and Economic Opportunity (DCEO) based on U.S. Census data.

The daylong event—which is free and open for women looking to start or expand a business—includes keynote speakers Ruth Ann Gillis, president, Exelon Business Services Co., and Judith A. Roussel, director, Illinois district of the U.S. Small Business Association.

Panel discussions at the event will focus on capital funding and financial growth, technology and infrastructure, new markets (private and public), and state agencies and programs. Attendees will also hear first-hand experiences of women who have built their own companies.

Topics of discussion will range from how to gain access to capital, how to get a foot in the door of large corporations, where to find free technology support, how to get certified for government contracts and how to use the U.S. Census Bureau web site for market research.

Read more: http://www3.illinois.gov/PressReleases/ShowPressRelease.cfm?SubjectID=3&RecNum=10993