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Illinois Business and Commerce Grants

Explore 123 grant opportunities

Illinois Regional Site Readiness Program
$5,000,000
Illinois Department of Commerce and Economic Opportunity
State
Rolling

Application Deadline

Mar 31, 2026

Date Added

Dec 24, 2025

The Regional Site Readiness Program is a grant aimed at providing flexible funding for planning, due diligence activities, and infrastructure improvements to prepare various sites across 10 Economic Development Regions for future industrial development.

Business and Commerce
City or township governments
Strategic Workforce Training Support
$2,000,000
Illinois Department of Commerce and Economic Opportunity
State

Application Deadline

Mar 19, 2026

Date Added

Feb 18, 2026

This funding opportunity provides financial support to non-profit associations in Illinois to enhance workforce training programs for manufacturers, helping them improve employee skills and productivity.

Workforce Development
Nonprofits
Small Business Development Centers
$525,000
Illinois Department of Commerce and Economic Opportunity
State
Rolling

Application Deadline

Not specified

Date Added

Dec 20, 2025

This funding opportunity provides financial support to organizations that assist small businesses and entrepreneurs in underserved areas of Illinois, helping them access resources, improve operations, and foster growth and innovation.

Business and Commerce
Nonprofits
Community Development Block Grant (CDBG) Economic Development Program
$1,000,000
Illinois Department of Commerce & Economic Opportunity (IDCEO)
State
Rolling

Application Deadline

Not specified

Date Added

Jul 28, 2025

This program provides financial assistance to Illinois local governments to support private businesses in creating and retaining jobs for low-to-moderate income individuals in economically distressed areas.

Community Development
City or township governments
Finish Line Grant Program
$75,000
Aurora Regional Economic Alliance Foundation
Private
Rolling

Application Deadline

Not specified

Date Added

Jun 5, 2025

This program provides financial assistance to small commercial and mixed-use property owners and tenants in Aurora, Illinois, for essential property improvements and renovations.

Infrastructure
Small businesses
Beginning with Compeer Grant Program
$2,000
Compeer Financial
Private
Rolling

Application Deadline

Not specified

Date Added

Jan 19, 2026

This program provides financial support to beginning farmers in the Midwest to help them access essential business development resources and services for long-term success.

Business and Commerce
Individuals
Federal Grant Support Program
$2,000,000
Illinois Department of Commerce and Economic opportunity
State
Rolling

Application Deadline

Not specified

Date Added

Apr 17, 2024

This program provides matching grants to Illinois-based organizations, including local governments, nonprofits, and businesses, to enhance their competitiveness for federal funding in projects that support economic development and clean energy initiatives.

Business and Commerce
City or township governments
Meridian Health Plan of Illinois and Liberty Bank and Trust Partner to Create Small Business Loan Program
$500,000
Meridian Health Plan of Illinois
Private
Rolling

Application Deadline

Not specified

Date Added

Nov 29, 2024

This grant provides funding to diverse and minority-owned small businesses in Illinois, offering loans between $10,000 and $50,000 to support economic growth and community development.

Business and Commerce
Small businesses
SBIR/STTR Match Program
$50,000
Illinois Department of Commerce and Economic Opportunity
State

Application Deadline

Jun 30, 2026

Date Added

Jan 28, 2025

This program provides financial support to Illinois-based for-profit businesses that have received a federal Phase I SBIR or STTR grant, helping them advance their innovative research and pursue further funding opportunities.

Science and Technology
Small businesses
Business Attraction Prime Sites
$25,000,000
Illinois Department of Commerce and Economic Opportunity
State

Application Deadline

Jun 30, 2026

Date Added

Jul 1, 2025

This program provides financial support to businesses looking to relocate or expand in Illinois, encouraging significant job creation and investment in key industries like life sciences and advanced manufacturing.

Business and Commerce
For profit organizations other than small businesses
Community Development Block Grant Economic Development Program
$1,000,000
Illinois Department of Commerce and Economic Opportunity
State
Rolling

Application Deadline

Not specified

Date Added

Nov 19, 2024

This program provides financial assistance to local governments in Illinois to help create or retain jobs by supporting private businesses through infrastructure improvements and direct funding for projects.

Community Development
City or township governments
FY26-1 Illinois Regional Site Readiness Program
$5,000,000
Illinois Department of Commerce and Economic Opportunity
State

Application Deadline

Mar 31, 2026

Date Added

Dec 23, 2025

This funding opportunity provides financial support for local governments, organizations, and landowners in Illinois to improve infrastructure and prepare industrial sites for investment and job creation.

Community Development
City or township governments
City of Chicago Neighborhood Opportunity Fund
$250,000
City of Chicago
Local
Rolling

Application Deadline

Not specified

Date Added

Jan 31, 2025

This grant provides financial support for businesses and nonprofit organizations to develop and improve commercial and cultural spaces in underserved neighborhoods of Chicago.

Community Development
Nonprofits
Rural Feasibility Study Grant Program
$5,000
Compeer Financial
Private
Rolling

Application Deadline

Not specified

Date Added

Mar 7, 2024

This program provides funding for feasibility studies that promote economic development and improve community resources in rural areas of Illinois, Minnesota, and Wisconsin.

Information and Statistics
Nonprofits
ETIP Strategic Sectors Single Company Grant
$10,000,000
Illinois Department of Commerce and Economic Opportunity
State
Rolling

Application Deadline

Not specified

Date Added

Nov 16, 2025

This program provides financial support to Illinois-based companies in strategic sectors for job training initiatives that enhance employee skills and promote economic growth.

Workforce Development
For profit organizations other than small businesses
Community Development Grant - Large (CDG-L)
Contact for amount
City of Chicago – Department of Planning and Development (DPD)
Local
Rolling

Application Deadline

Not specified

Date Added

Oct 8, 2024

This program provides substantial funding to support the development of commercial, cultural, industrial, and mixed-use projects in Chicago, aimed at enhancing community infrastructure and services.

Community Development
Nonprofits
Broadband Equity Access and Deployment Program
$1,000,000,000
Illinois Department of Commerce and Economic Opportunity
State

Application Deadline

Feb 26, 2025

Date Added

Feb 10, 2025

This program provides funding to organizations for projects that improve broadband access in underserved and unserved communities across Illinois, promoting digital equity and economic growth.

Diversity Equity and Inclusion
City or township governments
SNAP & TANF E&T Training and Technical Assistance
$350,000
Illinois Human Services
State

Application Deadline

Jul 11, 2024

Date Added

Jun 17, 2024

To ensure that employment & training programs are providing exceptional services to SNAP and TANF customers and their families in Illinois, E&T Training, Technical Assistance(E&T-TTA) is provided to community-based organizations, direct service workers, units of local government, system stakeholders, etc. in regard to Department program models, data collection systems, best practices in collaborative career planning, employability assessments, employment placement, education & training, trauma-informed motivational interviewing, principles and practices of racial equity and various other provider identified trainings and support activities. Additional E&T-TTA functions include an online resource center, networking activities, a training advisory group and the capacity to provide the staff support for various ad-hoc committees to ensure provider input related to program development and improvement activities.

Workforce Development
Nonprofits
Illinois Grocery Initiative for New Stores in Food Deserts
$11,000,000
Illinois Department of Commerce and Economic Opportunity
State

Application Deadline

Not specified

Date Added

Oct 18, 2024

This grant provides funding to support the establishment of new grocery stores in underserved areas of Illinois, aiming to improve access to fresh and affordable food in food deserts.

Food and Nutrition
County governments
Cook County Cannabis Development Grant (CCC Development Grant)
$150,000
Cook County Equity Fund
Local

Application Deadline

Not specified

Date Added

May 27, 2024

This program provides financial support to social equity-licensed cannabis businesses in Cook County to help cover startup and operational costs, prioritizing those in historically marginalized communities.

Business and Commerce
For profit organizations other than small businesses