Thursday, June 9, 2016

ISU Business Development Center to Close Due to Non-Existent State Budget

For the past 11 years, the Illinois State Business Development Center at ISU has helped entrepreneurs create 187 new businesses and 889 jobs around the area.

However, due to lack of funds caused by the state budget stalemate, the center will close at the end of the month. According to The Pantagraph, the director of the center, Elizabeth Binning, will leave the university as well.

The center, which was federally funded, had been working with roughly 150 businesses and entrepreneurs a year.

It's another hit for education as the state has been without a budget for nearly a year because Gov. Bruce Rauner and General Assembly Democrats refuse to agree on anything.

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