Business Attraction Prime Sites
Illinois' grant funds major site development and infrastructure projects to attract new businesses, spur job creation, and boost innovation in key industries across the state.
Funder: Illinois Department of Commerce and Economic Opportunity
Due Dates: September 20, 2021 (Application open) | June 30, 2027 (Final deadline, 11:59 PM)
Funding Amounts: $250,000–$25,000,000 per award; 1:1 match required; total program funding $120M
Summary: Supports large-scale site development and infrastructure projects to attract new business and drive economic growth in Illinois.
Key Information: Applicants must have or obtain approval for EDGE, HIB, REV, or MICRO tax credit programs.
Description
This program funds the preparation, enhancement, and development of major business sites in Illinois to attract new employers and encourage significant job creation. Eligible projects may include new construction, renovation, infrastructure improvements, and installation of durable equipment, all aimed at making sites "investment-ready." The grant is part of Illinois' strategy to boost state competitiveness and support large-scale business expansion or relocation.
