Illinois grants for Small businesses

This program provides matching funds to Illinois-based businesses and organizations to help them secure federal grants for projects that promote economic growth, reduce equity gaps, and advance clean energy initiatives.

The City of Chicago Department of Planning & Development accepts applications for grant funding to support local commercial, mixed-use, and light manufacturing projects. Donor Name: Department of Planning and Development State: Illinois City: Chicago Type of Grant: Grant Deadline: 08/09/2024 Size of the Grant: $100,000 to $500,000 Grant Duration: Grant Duration Not Mentioned Details: The City of Chicago is committed to strengthening local business corridors and enhancing neighborhood vitality. The Chicago Recovery Plan provides opportunities for the City to invest in catalytic developments that expand upon DPD’s existing investments and support. City staff prioritizes projects in areas of Chicago with a history of disinvestment or limited private investment. Eligible capital projects will be considered for all applicable funding sources, including: Chicago Recovery Plan Community Development (Large Grants). Neighborhood Opportunity Fund (Large Grants). Tax Increment Financing. Funding Information $250,000 is available. Eligibility Criteria  Grant funding can be used for pre-development, construction, or renovation costs for permanent capital improvement projects. Open to community developers, business owners and entrepreneurs, and property owners. Site control is preferred, but not required. Residential-only development is not eligible, but mixed-use projects are eligible. Priority is given to catalytic projects with a strong local impact that are able to leverage local talents, capacities and institutions to strengthen and contribute to the community. Applicants from all areas of Chicago are eligible to apply. Priority projects are located in historically disinvested areas and/or build upon existing efforts and community safety initiatives. Priority is given to projects that demonstrate momentum and are expected to break ground within six months of grant acceptance. For more information, visit City of Chicago DPD.

The 501vc® Investment Fund is seeking to invest $200,000 to $300,000 in early-stage climate tech startups in the Greater Midwest region, focusing on sectors like advanced materials, renewable energy, and agriculture technologies.

The "Illinois Regional Site Readiness Program" is a $40 million funding opportunity from the Illinois Department of Commerce and Economic Opportunity, aimed at supporting infrastructure and capital improvements to prepare industrial and manufacturing sites for economic development across all 10 Economic Development Regions in the state, with individual awards ranging from $250,000 to $3,000,000, and applications open from July 23 to October 21, 2024.

This funding opportunity provides financial support to technology incubators in Illinois to improve their facilities and services, ultimately promoting economic growth and innovation in the state.

This funding opportunity provides financial support for a Chicago-based electric vehicle component manufacturer to invest in machinery and equipment for lithium metal battery production, aligning with state initiatives in renewable energy.

IDHS is seeking to fund entities with experience in training, technical assistance, and support to build the RPSA grantee’s program capacities. Successful applicants will work with grantees across multiple RPSA grant programs in Chicago and/or Greater Illinois, based on grantee selection. To address the spike in firearm violence, the Illinois General Assembly passed the Reimagine Public Safety Act (RPSA) (430 ILCS 69) in 2021. The RPSA creates a comprehensive approach to ending Illinois' firearm violence through targeted, integrated behavioral health services and economic opportunities that promote self-sufficiency for victims of firearm violence.

The Small Business and Not-For-Profit Support Grant Program is designed to provide small businesses and nonprofits with funds to assist in recovering from economic losses resulting from the COVID-19 pandemic. Donor Name: City of Chicago State: County: All Counties Type of Grant: Grant Deadline: (mm/dd/yyyy) 09/06/2024 Size of the Grant: Not Available Grant Duration: Grant Duration Not Mentioned Details: The City of Chicago, acting through the Chicago Department of Business Affairs and Consumer Protection (BACP), seeks one (1) qualified organization to administer a $21.5M Small Business Support and Not-For-Profit Grant Program funded through the American Rescue Plan Act. The awardee will be responsible for administering grants to eligible small businesses and nonprofits located in Chicago to assist in stabilizing their operations, supporting their workforce, and mitigating the long-term impact of the pandemic. The selected organization will be held to a contractual agreement by applying to Request of Proposal (RFP) that reflects a clear understanding of the potential city contractor’s needs, the local small business and nonprofit ecosystem, and City of Chicago processes.   For more information, visit City of Chicago.

The Illinois Department of Commerce and Economic Opportunity is accepting applications for its Manufacturing Retention Grant Program to retain a company’s operating presence in Illinois by encouraging investments in its employees, facilities, equipment, technologies, and infrastructure. Donor Name: Illinois Department of Commerce and Economic Opportunity State: Illinois County: McDonough County (IL) Type of Grant: Grant Deadline: (mm/dd/yyyy) 09/25/2024 Size of the Grant: More than $1 million Grant Duration: 2 Years Details: This is a new program with limited awards, supported though the Enterprise Fund administered by DCEO. Enterprise Fund grants may encompass a wide range of economic development projects including infrastructure, capital equipment purchases and any employee related expenditures that will result in job retention in Illinois.  The primary goal of this grant is to retain the company’s manufacturing campus in Bushnell at operating production levels that support the minimum employment level of 100 employees at this site.  Funding Information Total amount of funding expected to be awarded through this NOFO is $5,000,000. Grant Period The period of performance is expected to be from September 1, 2024 through August 31, 2026.  Eligible Expenses Eligible expenses for these funds include: Employee payroll for existing employees, including unpaid backpay incurred from 5/14/2024 through the time of grant period. Invoices for services incurred from 5/14/2024 through the time of grant period. Training expenses for existing employees.  Machinery, Equipment, Tooling Refurbishment /Replacement (e.g., forging hammers & dies, Swiss lathes, forklift maintenance, EDM mills & dies). Facility Repairs (e.g., roof repair, air compressor installation, safety & electrical upgrades, site demolition & clean-up). Productivity/Innovation (e.g., robotics reprogramming & expansion, induction heat furnaces, material storage redesign). Replenishment of Inventory (e.g., maintain stocking levels at standard amounts to support daily production). Eligibility Criteria Must be a private for-profit business entity.  Must be the legal owner of and have the authority to implement investments in a major manufacturing complex located in Bushnell, IL. Must have extensive direct applicable experience in operating a successful tool manufacturing firm. Business entity must have less than 1,000 employees.  Must have acquired a tool manufacturing firm in McDonough County that has a minimum 100 full-time equivalent employees.  For more information, visit DCEO.

This funding opportunity supports nonprofit organizations that host tourism-related events in Woodstock, helping to attract overnight visitors and boost the local economy.

This grant provides financial support to independently owned legacy businesses along the historic Route 66 corridor, focusing on preservation projects that enhance visibility and sustainability, particularly for underrepresented communities.

This funding opportunity provides financial support to organizations and individuals in Rockford to develop programs that address economic development, violence prevention, and community reinvestment in areas disproportionately affected by past cannabis laws.

This funding opportunity supports nonprofit organizations in Will County, Illinois, that provide innovative programs addressing youth opportunities, community health, and financial security to promote equity and long-term stability.

This funding opportunity provides financial support for organizations to create a campaign that promotes the community health worker profession in Illinois, aiming to increase awareness, integration, and workforce expansion in healthcare and social services.

This grant provides funding to local governments and nonprofit organizations to support affordable housing, homelessness prevention, and community development initiatives for low- and moderate-income residents in Waukegan and Lake County.

This funding opportunity supports organizations that provide adult education and literacy services to help English language learners improve their language skills while gaining knowledge for economic independence and civic engagement.

This program provides funding and support to community agencies in Illinois to create equitable employment opportunities for individuals with intellectual and developmental disabilities, promoting their independence and integration into the workforce.

This funding opportunity provides financial support to nonprofit organizations, local governments, and educational institutions in Illinois to engage AmeriCorps members in community service projects that address critical social issues and promote diversity, equity, and inclusion.

This program provides funding to healthcare organizations in Illinois to deliver essential family planning and reproductive health services to low-income individuals, ensuring equitable access regardless of background or location.

This funding opportunity provides financial assistance to organizations involved in land banking to improve their operations and enhance community development efforts in managing vacant and abandoned properties.