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Regional Site Readiness Program - Capital Ready Round 2 is a grant from the Illinois Department of Commerce and Economic Opportunity (DCEO) that funds site preparation and infrastructure improvements to help communities attract capital investment and economic development projects.
This second funding round supports local governments and economic development organizations working to make sites shovel-ready for business attraction and job creation. Applicants should contact the DCEO program contact Emily Rhodes for eligibility and application requirements. Award amounts are determined on a project basis.
Applicants are advised to be aware of fraudulent award letters falsely attributed to DCEO.
Link may be unavailable — verify at the funder's website
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Search similar grants →Based on current listing details, eligibility includes: See the Illinois GATA portal for complete eligibility requirements. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates See official notice Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.