RISE Implementation Grant Program

$2,000,000

Closed

Grant Description

RISE Implementation Grants will be used to invest in capital, business attraction, and community amenities that require more investment for the purpose of boosting post-COVID-19 economic recovery. RISE implementation grants will fund activities such as establishing new initiatives, launching pilot projects or making capital investments intended to accelerate economic recovery in Illinois communities and regions.

Funding Details

Award Range

$250,000 - $2,000,000

Total Program Funding

$10,000,000

Number of Awards

Matching Requirement

Eligibility

Eligible Applicants

Exclusive - see details

City or township governments

Additional Requirements

Projects must align with economic recovery plans for RISE Implementation grants and be located in commercial corridors or downtowns for RDMS grants.

Geographic Eligibility

All

Key Dates

Application Opens

April 22, 2024

Application Closes

July 22, 2024

Contact Information

Grantor

Illinois Commerce And Econ Opp

john.oconner@illinois.gov

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