MPEI Business Workshop and Event Calendar

Name: Learn about SBA's COVID-19 Disaster Loan Program (webinar)
Start: 2020-03-26T16:00+00:00
End: 2020-03-26T17:00+00:00

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This calendar includes Mount Prospect Entrepreneurs Initiative events, as well as business workshops from local business organizations. For more information on an event, contact the Village of Mount Prospect Economic Development Division, 847-818-5328.

Learn about SBA's COVID-19 Disaster Loan Program (webinar)

Date: 03/26/2020 11:00 AM - 12:00 PM 03/26/2020 11:00 AM 03/26/2020 12:00 PM

CostFree

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Online training available for small businesses impacted by coronavirus

All Illinois small businesses can now apply for low-interest disaster loans to help offset the economic impact of the coronavirus pandemic. The Illinois District Office will host free webinars as long as there is demand covering:

Eligibility
Use of proceeds
Terms
Filing requirements
Additional small business resources

Choose the date and time most convenient for you. Click the link to register now.

Tuesday, March 24, 11 a.m. CT

Tuesday, March 24, 3 p.m. CT

Wednesday, March 25, 11 a.m. CT

Thursday, March 26, 11 a.m. CT

Thursday, March 26, 3 p.m. CT

More webinars will be announced soon!

Information you'll need to collect for your loan application

The SBA's Economic Injury Disaster Loan program provides low-interest loans of up to $2 million to small businesses and private non-profits affected by the coronavirus pandemic.
These working capital loans can be used to meet needs including payroll, accounts payable, and fixed debt payments until the situation improves. They have repayment options of up to 30 years.

Here are the documents you'll need to provide to complete the application:

SBA Form 5 or SBA Form 5C for sole proprietorships - SBA loan application
IRS Form 4506T - Tax Information Authorization for the applicant, principals and affiliates
Complete copies of the most recent Federal Income Tax Return.
SBA Form 2202 - Schedule of Liabilities
SBA Form 413 - Personal Financial Statement
SBA Form 1368 - Monthly sales figures

We recommend you apply online, but preparing these documents ahead of time will streamline the process for you.
Apply now

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Past Events:

June 24 2024 - Small Business Funding Options

Discover the many aspects of obtaining funding for existing or start-up businesses.

Whether you're just starting out or scaling your business, this program will help you understand funding options available to you as an entrepreneur or small business owner. Join us to learn about:

Funding sources and how to access these sources.
Requirements for obtaining funding.
Advantages and disadvantages of different funding sources.

Additionally, we will present the fundamentals of a business plan and financial projections. Business mentoring from SCORE members will be available after the event.

Presented in partnership with the Mount Prospect Entrepreneurs Initiative (MPEI) and SCORE.

February 7 2024 - Panel Discussion

Past Events

MPEI Panel Discussion | February 7, 2024

Three industry experts answer questions and provide tips on business finances, business planning, and marketing/social media for your business. Following the panel, hear from SCORE Mentors and the Village and Library on resources offered to businesses right here in Mount Prospect.

Panel topics were selected based on survey feedback from Mount Prospect businesses. Presenters include:
- Richard Sassan, B & E Accounting & Tax CPA P.C.
- Bill Knee, The Knee Law Firm, LLC
- Lauren Schaff, Business & Marketing Strategist
-Mark Lieberman, SCORE Representative

View Slides from the Presentation