Project summary
The Illinois Valley Community Development Organization (IVCDO) is delivering to key economic revitalization programs in Jackson County for small businesses. They have two types of programs:
- Grant Program - $598,568.02
Provides capital through grants to small and micro-enterprise businesses to launch or expand capacity.
- Loan Program - $648,568.01
IVCDO’s existing Small Business Revolving Loan Fund has expanded to include more available funds in Jackson County to low-and-moderate (LMI) business owners and will include lower interest rates (5% fixed rate or lower) to businesses affected by the 2020 fires; and loans will be up to $50,000 for qualifying small businesses.
Project Website:
https://ivcdo.org/pier/
Project Budget: $1,247,136.03
Project Phase: Program Delivery
Awardee: Illinois Valley Community Development Organization (IVCDO)
Project timeline
- 12/11/2024 - Environmental clearance
- 6/9/2025 - Approved program policies
- 6/15/2025 - Launch of micro enterprise grant program
- 9/9/2025 - Launch of revolving loan fund expansion
- 2/2/2028 - Project completion
- 2/2/2029 - Project closeout
Contact
Lindsey Jones, Director
Phone: 541-592-4440
Email:
lindseyjones@ivcdo.org