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Community Development Assistance Program – Economic Development Component is sponsored by Illinois Department of Commerce and Economic Opportunity (DCEO). This program offers funds to communities to assist in the location and/or retention of businesses.
Funds can be used for gap financing, machinery and equipment, working capital, building construction and renovation, or improvements to public infrastructure that create and/or retain jobs.
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Illinois Department of Commerce and Economic Opportunity - Home SCAM ALERT: DCEO has been made aware of organizations receiving fraudulent “notice of award” letters claiming to be from the Illinois Department of Commerce and Economic Opportunity. These are not legitimate notices from DCEO. If your organization receives a notice, please report it to the Federal Trade Commission and/or the FBI’s Internet Crime Complaint Center .
Incentives and Tax Credits Equity-Focused Business Support Black Business Month 2026 Illinois’ 2024 Economic Growth Plan Five-Year Economic Growth Plan outlining vision to advance economic development Regional Economic Development Region specific assistance for businesses Workforce Development opportunities for both individuals and businesses Climate and Equitable Jobs Act Programs to train for clean energy jobs and support communities in an energy transition ARPA and CARES relief dollars for local governments of Illinois Programs to help start, support and grow your business International Business Development Services Trade & Investment’s virtual services and export financial reimbursement program for Illinois businesses Connect Illinois, the effort to expand broadband through a $400m grant Minority, Veteran & Woman Owned Business Resources The Office of Economic Equity & Empowerment offers tailored assistance for Minority, Veteran & Woman-owned businesses Low-interest loans for social equity candidates in the cannabis industry Illinois Grocery Initiative The Illinois Grocery Initiative is intended to address inadequate access to fresh foods, especially in “food deserts” Illinois Office of Tourism Illinois Economic Development Corporation (formerly Intersect Illinois) Illinois EDC is the state’s economic development organization and a key partner of the Illinois Department of Commerce and Economic Opportunity (DCEO) in business attraction efforts.
As a valuable resource for businesses seeking expansion or relocation in Illinois, Illinois EDC connects companies with its network of partners and provides essential data, site selection assistance, and guidance to ensure successful business operations. In collaboration with DCEO, Illinois EDC is dedicated to supporting businesses and helping them thrive in Illinois. For more information on Illinois EDC, visit illinoisedc.
org . Connect with a DCEO Representative Locate Your Business In IL Start Your Business in IL
According to the current listing, eligibility includes: Local governments in non-metropolitan areas can apply for funding to assist private businesses in retaining or creating full-time, permanent jobs. Confirm the full requirements in the official notice before applying.
The current listing shows maximum of $1,000,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Community Development Assistance Program – Economic Development Component is funded by Illinois Department of Commerce and Economic Opportunity (DCEO). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Illinois. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
Past winners and funding trends for this program
Illinois's Federal Grant Support Program (Round 2) puts $16.9 million into a single, unglamorous job: paying the non-federal match that keeps competitive applicants out of federal competitions they would otherwise win. Awards run $10,000 to $2 million across roughly 30 recipients, on a rolling basis with no fixed deadline. As federal rules tighten and match requirements harden into eligibility gates, a 'grant to get a grant' is becoming one of the highest-leverage dollars a state can spend. Here is how the program works, who should pursue it, and why match funding is the quiet chokepoint in the 2026 federal landscape.
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