Strategic Economic Development Program
CSFA Number: 420-45-3219
STATE AGENCY INFORMATION
Agency Name
Department Of Commerce And Economic Opportunity (420)
Agency Identification
20-4, 88-4, 88-5
Agency Contact
PROGRAM INFORMATION
Short Description
A suite of strategic programs aimed at attracting and retaining job creators looking to locate or expand their business in Illinois.
Federal Authorization
N/A
Illinois Statue Authorization
20 ILCS 605/605-55; 30 ILCS 105/5.896; 30 ILCS 105/6Z-111
Illinois Administrative Rules Authorization
N/A
Objective
Attracting and retaining job creators in Illinois
Applicant Eligibility
Must meet the eligibility requirements contained in the Notice of Funding Opportunity.
Beneficiary Eligibility
N/A
Types of Assistance
Project Grants
Subject / Service Area
Economic Development
Credentials / Documentation
N/A
Preapplication Coordination
Standard State of Illinois grant requirements.
Application Procedures
Submission of application materials via link provided in the Notice of Funding Opportunity.
Criteria Selecting Proposals
Criteria and selection processes are outlined in the Notice of Funding Opportunity.
Award Procedures
Award process is outlined in the Notice of Funding Opportunity.
Deadlines
Deadlines are outlined in the Notice of Funding Opportunity.
Range of Approval or Disapproval Time
Approval and disapproval processes are outlined in the Notice of Funding Opportunity.
Appeals
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.
Uses and Restrictions
Uses and restrictions are outlined in the Notice of Funding Opportunity.
Reports
Quarterly or Annually as directed
Audits
Standard State of Illinois grant requirements.
Records
Standard State of Illinois grant requirements.
Account Identification
001 GRF, 971 & 972 OSF
Range and Average of Financial Assistance
Range of awards is outlined in the Notice of Funding Opportunity.
Program Accomplishments
Accomplishment are outlined in the Notice of Funding Opportunity.
Regulations, Guidelines, and Literature
N/A
Regional or Local Assistance Location
N/A
Headquarters Office
500 East Monroe Springfield, IL 62701 and 555 W Monroe St, 12th Floor Chicago, IL 60661
FUNDING INFORMATION
Funding By Fiscal Year
FY 2024 : $80,000,000
Federal Funding
None
Notice of Funding Opportunities
| Agency ID | Award Range | Application Range |
ACTIVE AWARDS
| Agency ID | Grantee Name | Start Date | End Date | Amount |
| 24-884003 | Region 1 Planning Council | 01/01/2024 | 12/31/2024 | 20,000,000 |
| 24-884005 | Maui Jim Inc. | 01/01/2024 | 12/31/2024 | 2,905,000 |
| 24-884001 | Manner Polymers Inc | 07/01/2023 | 06/30/2025 | 2,500,000 |
| 24-204001 | Illinois Business and Economic Development Corporation | 07/01/2023 | 06/30/2025 | 2,000,000 |