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Illinois Business and Commerce Grants

Explore 138 grant opportunities

Commercial Facade Improvement Program
Contact for amount
City of Mt. Sterling
Local
Rolling

Application Deadline

Not specified

Date Added

May 20, 2026

This program provides financial incentives and design support to property and business owners in the Mt. Sterling Uptown Business District to improve the appearance and condition of their commercial facades while preserving the area's historic character.

Business and Commerce
For profit organizations other than small businesses
Community Development Block Grant Community Revitalization Program
$2,000,000
Illinois Department of Commerce and Economic Opportunity
State
Rolling

Application Deadline

Not specified

Date Added

Jun 16, 2026

This funding opportunity provides financial support to small local governments in Illinois for revitalizing communities by improving infrastructure, demolishing unsafe buildings, and preserving historic sites, particularly benefiting low-to-moderate income residents.

Community Development
City or township governments
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
Economic Empowerment Centers (EEC) Program
$500,000
Illinois Department of Commerce and Economic Opportunity (DCEO)
State
Rolling

Application Deadline

Not specified

Date Added

May 14, 2026

This program provides funding to organizations that support entrepreneurship training and business development for historically underserved populations in Illinois, including minorities, women, veterans, and youth.

Business and Commerce
Nonprofits
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
Business Attraction Prime Sites Grant Program
$25,000,000
Illinois Department of Commerce and Economic Opportunity (DCEO)
State

Application Deadline

Jun 30, 2027

Date Added

May 13, 2026

This program provides financial support to businesses relocating to or expanding within Illinois, incentivizing job creation and infrastructure improvements in key growth industries.

Business and Commerce
For profit organizations other than small businesses
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
Federal Grant Support Program
$2,000,000
Illinois Department of Commerce and Economic Opportunity (DCEO)
State
Rolling

Application Deadline

Not specified

Date Added

May 13, 2026

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

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, 2027

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
Illinois Economic Empowerment Centers (EEC) Program
$500,000
Illinois Department of Commerce and Economic Opportunity
State
Rolling

Application Deadline

Not specified

Date Added

May 12, 2026

This funding opportunity provides financial support to nonprofit organizations and career education agencies in Illinois to establish and expand centers that offer entrepreneurial training and business development services to historically underserved populations.

Business and Commerce
Nonprofits
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.

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
ETIP Strategic Sectors Single Company Grant Program
$10,000,000
Illinois Department of Commerce and Economic Opportunity (DCEO)
State
Rolling

Application Deadline

Not specified

Date Added

May 13, 2026

This program provides financial support to Illinois companies for employee training in strategic sectors to enhance workforce skills, productivity, and economic competitiveness.

Workforce Development
For profit organizations other than small businesses
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 grant provides financial assistance to Illinois-based for-profit companies for employee training programs that enhance skills in key industries like advanced manufacturing and clean energy.

Workforce Development
For profit organizations other than small businesses
Small Business Development Centers Grant Program
$525,000
Illinois Department of Commerce and Economic Opportunity (DCEO)
State
Rolling

Application Deadline

Not specified

Date Added

May 13, 2026

This funding opportunity provides financial support to qualified organizations that will establish Small Business Development Centers in underserved areas of Illinois, helping entrepreneurs and small businesses access essential resources and services for growth and success.

Business and Commerce
Nonprofits
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