88-1, 20-4

Rebuild Illinois Prime Sites grants are available to businesses that are relocating or expanding operations in Illinois, will create and/or retain jobs, commit to a substantial capital expenditure investment, and have been approved for either an EDGE, HIB, REV, or MICRO program.

N/A

30 ILCS 750

N/A

The intent of the Business Attraction Prime Sites capital grant program is to assist companies with large-scale capital investment projects that commit to significant job creation and/or retention in the state of Illinois.

Yes

Information about the Program Specific Terms and requirements can be found within the Notice of Funding Opportunity.

Nonprofit Organizations; For-Profit Organizations;

Businesses that are relocating to or expanding operations in Illinois. Received confirmation of eligibility for an EDGE, HIB, REV or MICRO credit or has a pending application for the EDGE, HIB, REV or MICRO programs that is ultimately approved. Jobs must be located at the project site where the capital project is located and must be full-time working directly for the company. Companies eligible must operate in one the of the following industries from the 2024 Illinois Economic Plan: • Quantum Computing, AI & Microelectronics • Life Sciences • Clean Energy Production & Manufacturing • Advanced Manufacturing • Next Generation Agriculture, Ag Tech & Food Processing • Transportation, Distribution & Logistics The Prime Sites grant originates from Rebuild Illinois capital funds, grant funds must be expensed to infrastructure and capital equipment expenditures and are subject to Bondability Guidelines. Jobs committed and the total amount of the project’s capital expenditures required are listed below with the grant award formula amounts: - EDGE Tier 1 or HIB grant amounts equal to $5,000 per new job created and the company must commit to: - 40 new jobs and $40M investment; or, - 100 new jobs and $20M in investment. - EDGE Tier 2 grant amounts equal to $10,000 per new job committed and $5,000 per jobs retained and the company must commit to: - 100 new jobs and $50M investment. - REV or MICRO grant amounts: - REV or MICRO Tier 1, $5,000 per new job created. - REV or MICRO Tier 2, $10,000 per new job created, and/or $5,000 per retained jobs. For REV and MICRO program participants, there is no minimum requirement for new or retained jobs, nor investment commitment. Standard GATA pre-qualification is required.

N/A

Project Grants

Economic Development

Received confirmation of eligibility for an EDGE, HIB, REV or MICRO credit or has a pending application with one of the qualifying programs (EDGE, HIB, REV or MICRO) and is ultimately approved.

N/A

This opportunity will accept applications on a rolling basis and award projects that meet the requirements and prerequisites set forth in the Notice of Funding Opportunity Supplement and receive the minimum score required for funding.

Awards issued as long as the project receives all required program approvals for the proposed capital project.

This opportunity will accept applications on a rolling basis and award projects that meet the requirements and prerequisites set forth in the Notice of Funding Opportunity Supplement and receive the minimum score required for funding.

N/A

N/A

The Merit Based Review process is subject to appeal. However, competitive grant appeals are limited to the evaluation process. Evaluation scores may not be protested. Only the evaluation process is subject to appeal. The appeal must be submitted in writing to the Department within 14 calendar days after the date that the grant award notice has been published. The written appeal shall include the name and address of the appealing party, the identification of the grant and a statement of reasons for the appeal. To file an appeal, applicants must submit the appeal in writing and in accordance with the Merit-Based Application Review Appeals Process listed on the Grant Opportunities page of the DCEO website: https://www2.illinois.gov/dceo/AboutDCEO/GrantOpportunities/Pages/MeritAppReview.aspx.

The initial portion (1st payment) of grant funds will be reimbursement of up to 50% of the awarded grant amount for documented and verified capital expenditures covered by the grant’s scope of work and approved Budget. The balance of grant funds (2nd payment) will subsequently be disbursed as reimbursement of approved and verified grant funds expensed and 1:1 match cost, as reported and verified by the Department. Grant close out will transpire after the Grantee meets their project “placed in service” dates from the qualifying program agreement and demonstrates the full capital expenditure have been paid and FTE/job retention numbers have been met. If the grantee fails to create sufficient new or retained jobs for the grant amount received by the end of the grant period, DCEO may claw back a portion of grant funds disbursed.

This grant opportunity requires a 1:1 match requirement, which means the grantee must expense an equal amount of grant funds received towards the budgeted grant allocations.

This grant program originates from Rebuild Illinois capital funds, therefore, expenditures for these funds are subject to Bondability Guidelines (see guidelines at the same webpage where this NOFO is posted). Eligible projects may include new construction and renovation of industrial and commercial facilities, including associated infrastructure improvements and the purchase and installation of durable equipment. Construction or renovation of facilities to be used as warehouses are not eligible. Eligible expenses for these funds include architectural planning and engineering design; land and building acquisition; costs related to site selection, preparation and improvement; utility work; new construction of buildings and structures; reconstruction or improvement of existing buildings or structures; and original furnishings and durable equipment, including scientific instruments and apparatuses with a long useful life. Ineligible expenses include operational expenses, lease payments for rental of equipment or facilities, costs of staff or resident labor and material outside of project construction, expenditures to acquire or construct temporary facilities, purchase of automobiles, trucks, farm equipment, boats or rolling stock, and livestock or laboratory animals. Pre-Award costs are allowed for Business Attraction Prime Site grants back to the effective date of the prequalifying program. Applicants must submit a Project Narrative that describes in detail how the award will be executed. The project narrative should include enough information for DCEO to understand the scope of the project, the budget, including a detailed breakdown of the costs associated with each budget line and any additional necessary detail to enable DCEO to manage the grant agreement activity against planned project performance.

Standard GATA reporting (Periodic Performance Report, Periodic Financial Report and audits, if required) and Corporate Accountability

If required by level of expenditure of grant funding during the grantee's fiscal year.

N/A

001 GRF

Various

Various

N/A

N/A

N/A

1011 South 2nd Street Springfield, IL 62704

https://dceo.illinois.gov/businesshelp/primesites.html

Incentives and Tax Credits: https://dceo.illinois.gov/businesshelp/incentivesandtaxcredits.html

N/A

10/19/2021

FY 2022 : $1
FY 2023 : $33,581,935
FY 2024 : $60,000,000
FY 2025 : $1