Business Attraction Prime Sites
Business Attraction Prime Sites supports companies relocating to or expanding in Illinois, funding facilities, infrastructure, and durable equipment to advance economic development and create jobs.
This grant was recently updated
REV and MICRO applicants must now commit to hiring at least 10 new Illinois-resident employees to work onsite at the project location. An EDGE-only eligibility option was also added: retaining at least 500 current onsite jobs and investing $100 million.
Funder: Illinois Department of Commerce and Economic Opportunity
Due Dates: Rolling (Review) | June 30, 2027, at 11:59 p.m. (Final deadline)
Funding Amounts: $250,000–$25 million per award; $120 million estimated total funding; 1:1 match required
Summary: Capital grants support companies relocating to or expanding in Illinois through facility investment and job creation.
Key Information: Applicants need qualifying REV, MICRO, EDGE, or HIB tax-credit approval and must be prequalified.
Description
The Illinois Department of Commerce and Economic Opportunity (DCEO) administers Business Attraction Prime Sites to assist companies undertaking large-scale capital investments as they relocate to or expand operations in Illinois. The program supports economic development projects that create jobs for Illinois residents, with awards calculated from new jobs and, for certain tiers, retained jobs at the project site.
Supported activities include new construction and renovation of industrial and commercial facilities, associated infrastructure improvements, and the purchase and installation of durable equipment. Construction or renovation of warehouse facilities is not eligible. Funding comes from Rebuild Illinois capital funds, and expenditures are subject to the state’s bondability guidelines. The opportunity is competitive, with applications evaluated on a rolling basis.
