ETIP Strategic Sectors Single Company Grant
This grant funds Illinois companies in strategic sectors to advance innovation, research, and economic growth through projects that strengthen key industries within the state.
Funder: Illinois Department of Commerce and Economic Opportunity
Due Dates: Rolling (applications accepted on an ongoing basis)
Funding Amounts: $150,000–$10,000,000 per award | Total program funding: $24,800,000 | ~7 anticipated awards
Summary: Supports individual Illinois companies in strategic sectors to promote economic growth, innovation, and competitiveness.
Key Information: Cost sharing/matching is required; applicants must be pre-qualified.
Description
This grant program provides financial support to individual companies operating in Illinois's designated strategic sectors. The goal is to foster innovation, job creation, and overall economic competitiveness within the state by funding projects that advance key industries identified as vital to Illinois's economic growth. The program is part of the Illinois Department of Commerce and Economic Opportunity’s (DCEO) broader strategy to strengthen the state’s economic landscape by supporting critical business development.
