IL Metro East SBDC and NDC Host Two Small Business Workshops
The National Development Council (NDC) is partnering with the Illinois SBDC for the Metro East at Southern Illinois University Edwardsville to bring two valuable small business financial sessions to the area.
On Wednesday, April 22, local business owners and entrepreneurs throughout the region are invited to attend and participate in “How to Get a Loan” from 2-5 p.m. at The Lodge in Edwardsville, located at 231 N. Main St. The session is $10. To register, visit ilsbdc.ecenterdirect.com/events/32183.
NDC staff will present a range of topics including:
- What goes in to a loan application
- The 4 Cs of credit
- Understanding your financial statements and the importance of maintaining accurate and current financial records
- Understanding cash flow available for debt service
On Thursday, April 23, local business owners and entrepreneurs are also invited to attend and participate in “Cash Management Basics” from 2-5 p.m. at The Lodge in Edwardsville. The session is also $10. To register, visit ilsbdc.ecenterdirect.com/events/32184
Topics will include:
- Tracking financial results
- Introduction to financial statements
- Budgeting and projecting for future business plans
- Keeping accounts current and tracking results
These are opportunities for entrepreneurs and business owners to understand the importance of their financial spreadsheets, how to get funding, and discover the valuable business resources that the SBDC and NDC have to offer.
SBDC Director Jo Ann Di Maggio May appreciates the NDC, “It truly takes a team effort to help small businesses survive and thrive.”
For more information, contact the IL SBDC for the Metro East at SIUE at 618-650-2929.
NDC’s work focuses on homes, jobs and community. Founded as a national nonprofit in 1969, NDC has worked for nearly 50 years fulfilling its mission to increase the flow of capital for investment in low-income communities. NDC directs capital to support the development and preservation of affordable housing, the creation of jobs through training and small business lending, and the advancement of livable communities through investment in social infrastructure.
The SBDC for the Metro East assists entrepreneurs as well as existing business owners operating in the nine-county Metro East region of Calhoun, Jersey, Madison, Bond, Clinton, St. Clair, Washington, Monroe and Randolph. It enhances the region’s economic interests by providing one-stop assistance to individuals by means of counseling, training, research and advocacy for new ventures and existing small businesses.
SBDC’s in Illinois are funded, in part, through a cooperative agreement among the U.S. Small Business Administration, Illinois Department of Commerce & Economic Opportunity and Southern Illinois University Edwardsville as a service to the community. To learn how these no- cost services may help your business venture, contact the Metro East SBDC at 618-650-2929 or sbdcedw@gmail.com.
