Grant to Support Small Business Capital Improvement Projects in Illinois (USA)
GrantID: 71980
Grant Funding Amount Low: $10,000
Deadline: Ongoing
Grant Amount High: $2,000,000
Summary
Small businesses and community-based organizations across the Midwest region, particularly in Illinois, may be eligible for a helpful funding opportunity designed to promote economic development and community revitalization. This grant aims to support entities that are working to recover from economic challenges, strengthen their infrastructure, or develop programs that benefit underserved populations. The initiative focuses on addressing local needs through sustainable projects that contribute to job growth, workforce development, and long-term business stability.
Funding from this opportunity can be used in a variety of ways, depending on the program. Potential uses include enhancing operations, expanding services, updating equipment or facilities, and supporting workforce training programs. Some grants may also assist with marketing, tourism development, or other activities that help stimulate the local economy. Applicants must typically demonstrate their positive community impact and outline how the funding will help them advance their mission or business goals.
Both nonprofit organizations and for-profit small businesses may be considered, depending on the grant program. In some cases, individuals or sole proprietors operating locally may also be eligible. Priority is often given to organizations that serve economically disadvantaged communities, minority-owned businesses, or projects located in rural or underrepresented areas.
These grants are not always recurring but are frequently released throughout the year, giving interested applicants multiple opportunities to apply. Each program will have its own deadlines and requirements, and applicants are encouraged to carefully review eligibility criteria before applying.
To find more grants, The Grant Portal and use the Search Grant tool to find your next grant.
Organizations and individuals based in Illinois who are engaged in Capital Funding may be eligible to apply for this funding opportunity. To discover more grants that align with your mission and objectives, visit The Grant Portal and explore listings using the Search Grant tool.
Eligible Regions
Interests
Eligible Requirements
