Peoria’s Black Business Alliance receives part of $2.5M state grant

PEORIA (25News Now) – Peoria’s Black Business Alliance is among 10 groups awarded a share of $2.5 million from the State of Illinois, part of Gov. JB Pritzker’s goal of helping minority-owned businesses.

The local organization is receiving $250,000 in public money, according to a governor’s office release.

This initiative aims to provide essential training and resources to entrepreneurs from historically disinvested communities.

Denise Moore is founder and CEO of Peoria’s Minority Business Development Center.

“It’s a comprehensive service that we provide, and these funds will go a long way in helping us to build the economic base needed in the south side of Peoria and the greater Peoria area as a whole,” said Moore.

The Minority Business Development Center plans to use the grant to create a starter pack for local businesses to allocate funds effectively.

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