www.illinois.gov

Pat Quinn, Governor

State Links Skip to Content Skip to State Links

 Government
 Business
 Employment
 Education
 Health & Safety
 Family & Home
 Travel & Recreation
 About Illinois
 Illinois.gov

Stay Informed

Your Government


Illinois Flag Honors

Inspector General


 IGNN: Main State Page Press Release

ILLINOIS NEWS

FOR IMMEDIATE RELEASE
November 23, 2012

Governor Quinn Encourages Consumers to Support Illinois’ Small Businesses this Holiday Season
Proclaims November 24 “Small Business Saturday”

CHICAGO – November 23, 2012. Governor Pat Quinn today encouraged shoppers to use the Saturday after Thanksgiving, Nov. 24, to support Illinois’ more than 1.1 million small businesses. Nationally, the Saturday between "Black Friday" and “Cyber Monday” – traditionally two of the busiest shopping days of the year – is recognized as Small Business Saturday where consumers around the country are encouraged to shop at small businesses. In recognition of the effort, Governor Quinn today proclaimed Saturday, Nov. 24 as "Small Business Saturday" in Illinois.

“Small businesses are the backbone of the state’s economy and we want to see them flourish,” said Governor Quinn. “Through efforts like Small Business Saturday, we can show our support for local merchants that are contributing to our local economies, helping put people to work and keeping our economy moving forward.”

Small business success is critical to Illinois’ and the nation's overall economy. According to the U.S. Small Business Administration, there are approximately 28 million small businesses in the United States, which have created 65 percent of new jobs over the past two decades. For every $100 spent in locally-owned, independent stores, $68 returns to the community through taxes, payroll and other expenditures, according to the 3/50 Project, a small business advocacy group.

Recognizing the vital role entrepreneurs and small businesses play in Illinois’ economic recovery, Governor Quinn has made supporting these businesses a top priority. The Governor recently extended the Small Business Job Creation Tax Credit Program, which allows eligible small businesses that create one or more new, full-time position to receive a $2,500 per job tax credit. Governor Quinn also launched Advantage Illinois, a new program for small businesses to access capital, thanks to more than $78 million from the federal State Small Business Credit Initiative (SSBCI). Advantage Illinois consists of three programs to spur institutional lending to small businesses and one program to leverage private venture capital in start-ups and high-growth businesses.

For more information on the state’s small business resources, visit www.ildceo.net.

Related Documents

"Small Business Saturday" Proclamation



###

News Categories

 State/All
 Governor's Office
 Lt. Governor's Office
 Agriculture
 Budget/Fiscal
 Business
 Children/Families
 Culture
 Disabilities
 Economic Development
 Education
 Environment
 Flag Honors
 Health/Human Services
 History
 Infrastructure
 Opportunity Returns
 Recovery
 Safety/Security
 Technology
 Tourism/Recreation
 Transportation
 Workforce/Jobs

News Resources

 Search the News
 IIS Radio News
 RSS News Feeds
 e-News Subscriptions
 Communications Office
 Privacy Statement

Features

Sign up for an e-news subscription
Copyright © 2014 State of Illinois Site Map | Illinois Privacy Info | Kids Privacy | Web Accessibility | Contact Us