Statewide Illinois Programs

3% credit on qualified investment of $10M–$50M; 5% on $50M–$100M; 7% on investment exceeding $100M. Application listed as "Coming soon" as of this access date — not yet open.

Loan sizes range $10,000–$2,000,000 based on job creation/retention, project size, and risk assessment. Funded through the federal State Small Business Credit Initiative (SSBCI).

Up to $800,000 per borrower per year (multiple loans allowed), including land purchases up to $600,000. Covers machinery, construction, milling, processing, transportation, salaries, irrigation systems, equipment, livestock purchase, and soil conservation. New cycles roughly twice monthly; application deadline is noon the Thursday before the first/third Wednesday meeting.

Up to 75% income tax withholding credit for construction workers on eligible projects. Per DCEO's program launch announcement: 75% for projects in underserved areas, 50% elsewhere, with $20 million in credits available annually — the specific underserved/other-area split and annual cap are sourced from the launch press release rather than the general program page.

Up to $10,000 per new job created. Requires a 1:1 match — grant funds cover up to 50% of total eligible capital costs. Funded by Rebuild Illinois capital funds, subject to Bondability Guidelines.

Local governments may request up to $1,000,000 for gap financing to assist a business locating or expanding in the community. 2026 CDBG Guidebook and Application materials are published, indicating the current cycle is active.

Tax exemptions run 20 years in 5-year renewable increments; 20% construction-wage tax credit for projects in underserved areas. Per DCEO's own program page, DCEO stopped processing new applications effective July 1, 2026, per a June 5, 2026 gubernatorial directive. Reported elsewhere as a two-year suspension, but that duration is not stated on the DCEO page itself and is unconfirmed at the primary-source level.

Credit = 50% of new-hire withholding tax; 25% for retained jobs; additional 25% in underserved areas; 10% on new employee training costs. Not a fixed dollar range — value depends on payroll/withholding generated.

Bundle includes investment tax credits, a potential construction jobs credit, and state sales tax exemptions on building materials/utilities and on manufacturing/pollution-control equipment purchases. No single flat dollar figure — value depends on the specific project.

25% tax credit on investment up to $2 million (35% for Set-Aside QNBVs). $15 million allocated annually, released by quarter; once a quarter's allocation is exhausted no further credits issue until the next quarter.

Retailers' occupation tax exemption on building materials; expanded state sales tax exemption on manufacturing/pollution-control equipment purchases; state utility tax exemption on electricity and natural gas; ICC administrative charge and telecommunication excise tax exemption; 0.5% investment tax credit; Enterprise Zone Construction Jobs Credit. Each zone also offers its own local incentives administered by a designated zone administrator.

35% credit on qualified Illinois spending, including post-production and Illinois resident salaries (up to $500,000 per worker); 30% on limited non-resident salaries (same cap). Additional 5% credit available for productions certified as a "green production" meeting IFO/DCEO sustainability requirements.

Established under Public Act 103-0561. The official program page does not publish current per-award dollar amounts or match requirements for either sub-program. Round history: New Stores Round 1 closed May 2024, Round 2 closed December 2024, Round 3 "expected early 2026" per the source page as of this access date — current status of Round 3 is unconfirmed. Equipment Upgrades Round 2 closed December 15, 2025. FY2026 total program allocation is separately reported at $13,000,000. Grantees may also qualify for HIB tax incentives. Needs a follow-up check closer to publication to confirm the current round status.

Up to $75,000 for individual projects; up to $250,000 for collaborative projects. $3.6 million available for FY2026. Funds value-added processing, livestock processing, milling, dairy, refrigerated vehicles, food hubs, and community kitchens.

Up to $5,000 per company for Group Trade Missions; up to $10,000 per company for Individual Foreign Market Sales Missions, Product Compliance, Website Localization, or Export Credit Insurance. Funded partly by an SBA STEP grant.

The 2025 application window (April 15–30, 2025) has closed and all awards communicated. No future window has been announced as of this access date — status will need re-verification when DCEO/IMEC announce the next cycle. Covers machinery/automation acquisition, IIoT/cybersecurity/predictive-maintenance software, late-stage product testing, and new product development.

Credits: 75% payroll tax withholding, 10% qualified training, 50% construction job credit, 0.5% on qualified investment — enhanced to 100% if located in an underserved or energy-transition area. Tier II also eligible for up to 30 years utility excise tax exemption and 5 years building material sales tax exemption.

Credits: 75–100% of new-hire withholding, 75–100% retained-job withholding, 10–25% qualified training, 50–75% construction payroll withholding, plus 0.5% income tax credit on qualified investment. Utility excise tax exemption 20–30 years; building material sales tax exemption 5 years.

Two current opportunities totaling $50 million: $35M for service delivery (reentry, economic development, civil legal aid), $15M for youth development and violence prevention. Live page showed "apply now" as of a January 21, 2026 announcement — re-verify window status close to publication, since NOFO copy can lag behind the actual application deadline.

25% state income tax credit on qualified rehabilitation expenditures. Program runs through December 31, 2028, extended multiple times, most recently by Public Act 104-0434.

Phase I: up to $75,000. Phase II: up to $250,000. Phase I disbursed 75% upon approval; Phase II disbursed 50% upfront with the remainder after program requirements are met.