EB5

The EB-5 visa for Immigrant Investors is a United States visa created by the Immigration Act of 1990. This visa provides a method of obtaining a green card for foreign nationals who invest money in United State’s companies in the amount of $500,000.

Foreign Trade Zone

A foreign-trade zone is a designated location in the United States where companies can use special procedures that help encourage U.S. activity and value added services by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings. 

Hub Zone

The program’s benefits for HUBZone-certified companies include:

• Competitive and sole source contracting

• 10% price evaluation preference in full and open contract competitions, as well as subcontracting opportunities.

New Market Tax Credit

NMTC is a program created by federal law that provides tax credits to investors that are willing to make qualified equity investments in certain targeted areas, specifically low-income communities. NMTC allows an investor to receive tax credits against earned taxable income over a seven-year period.

Small Business Development Centers (SBDC)

Illinois Small Business Development Centers are located throughout the state and provide information, confidential business guidance, training and other resources to start-up and existing small businesses.

Centers in EGV Service Area:

US Small Business Administration Loans

Illinois Small Business Development Centers are located throughout the state and provide information, confidential business guidance, training and other resources to start-up and existing small businesses.

SBA certified 501c3 lenders: