Illinois Business Grants by City and Industry
Explore local grant pages for Illinois businesses, including funding paths for technology, agriculture, manufacturing, healthcare, clean energy, women-owned companies, and more.
Featured Funding Opportunities
Active public subsidies and capital programs available for businesses operating in Illinois:
Advantage Illinois (SSBCI)
Loans/Credit support up to $2 millionProvided by: Illinois DCEO | Type: Loan
Advantage Illinois is the state's flagship small business financing program, funded partly through the federal State Small Business Credit Initiative (SSBCI). It works by partnering with local banks to offer loans to businesses that might not qualify for traditional financing alone. The program offers lower interest rates and subordinated debt options, making capital more accessible to startups and growing SMEs.
Official PortalReimagining Energy and Vehicles (REV) Illinois
Tax credits up to 75-100% of income tax withholdingsProvided by: Illinois DCEO | Type: Tax Credit
The REV Illinois Act offers aggressive incentives to attract and expand electric vehicle and renewable energy manufacturing. Benefits include income tax withholding retention (up to 100% in underserved areas), tax exemptions on building materials and utilities, and training grants. This program is central to Illinois' goal of becoming a clean energy manufacturing hub.
Official PortalEconomic Development for a Growing Economy (EDGE)
Tax credits up to 50% of income tax withholdingsProvided by: Illinois DCEO | Type: Tax Credit
EDGE is Illinois' primary general-purpose job creation incentive. It provides non-refundable tax credits against corporate income taxes equal to a percentage of the income tax withheld from new employees' wages. The program is designed to level the playing field when Illinois is competing with other states for major business investment projects.
Official PortalBrowse Illinois grant pages by city
Start with major local markets such as Chicago, Aurora, Champaign-Urbana, Elgin, then choose the industry page that matches your business.
Chicago
15 city-industry grant pages
Aurora
15 city-industry grant pages
Champaign-Urbana
15 city-industry grant pages
Elgin
15 city-industry grant pages
Joliet
15 city-industry grant pages
Naperville
15 city-industry grant pages
Peoria
15 city-industry grant pages
Peoria
15 city-industry grant pages
Rockford
15 city-industry grant pages
Springfield
15 city-industry grant pages