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Illinois Office of Minority Economic Empowerment

The Office of Minority Economic Empowerment will focus and promote opportunities for all minority communities across the state through targeted programs, resources and advocates. The goal is to ensure minority enterprises have an equal opportunity to contribute to the growth of the Illinois economy and serve as an advocate for businesses, entrepreneurs and start-ups in traditionally economically-disadvantaged groups.

Download the OMEE brochure

The Office administers Advancing the Development of Minority Entrepreneurship (ADME), an investment program developed to strengthen Illinois’ start-up and small business community by tapping into the potential of minority entrepreneurs. The program will identify high-potential minority entrepreneurs and provide start to finish support to help them grow their business.

Download the ADME flyer

ADME Program

Overview
ADME is a 7-week program that will assist aspiring entrepreneurs that want to launch their new business model. Applicants will bring their great idea, passion and drive, to harness their business mindset and creativity to start their own company.

Curriculum Summary
Week 1 - Foundation & Vision - Company Background, Determine Need, Financial Health Assessment
Week 2 - Foundation & Vision - Target Market and Intellectual Property
Week 3 - Marketing & Exposure - Marketing strategy, Branding and Promotional Strategies
Week 4 - Marketing & Exposure - Presentation Financial & Finesse Operations
Week 5 - Financial & Finesse - Pricing, Expenses Research
Week 6 - Financial & Finesse - Financial Statements
Week 7 - Final Presentation and Access to Capital Panel

Additional Benefits

  • Financial Health Assessment – A loan pre-qualification assessment for each borrower to assess loan readiness
  • One-One-Session – Meeting with an attorney to assist with questions on your business
  • Access To Capital Panel – Presentation of your business to a panel of microlenders, banks, community lenders
  • The ADME Program is free; however, the application fee is $25 (non-refundable).

Cohort locations

SBDC Quad Cities
June 14, 2018 – July 26, 2018
Thursdays from 5:00PM-8:00PM
Western Illinois University QC Campus
3300 River Drive
Complex C - room 1418
Moline, Illinois

Application periods opens: May 3, 2018
Application Deadline: May 31, 2018
Download the ADME Program Application

 

SBDC Far South
June 20, 2018 – August 8, 2018
Wednesdays from 5:00PM-8:00PM
9923 S. Halsted Street
Chicago, IL 60628

Application periods opens: May 3, 2018
Application Deadline: May 31, 2018
Download the ADME Program Application

 

SBDC Champaign
June 19, 2018 – July 31, 2018
Tuesdays from 5:30PM-8:30PM
Champaign Public Library (Business Center)
200 W. Green St.
Champaign, IL 61820

Application periods opens: May 3, 2018
Application Deadline: May 31, 2018
Download the ADME Program Application

 

Program Partners




Community Partners

  • Chicago Urban League
  • Accion
  • CIBC Bank



For information please contact:

Debbie Cortez, ADME Program Coordinator
Debbie.Cortez@illinois.gov
Office: 312.814.8736

Sharon Polk, ADME Program Coordinator
Sharon.Polk@illinois.gov
Office: 312.814.5704

Derrick Champion, Deputy Director
Derrick.champion@illinois.gov
Office: 312.814.8736