DCEO Launches $42 Million Regional Site Readiness Program to Boost Industrial Development

The Illinois Department of Commerce and Economic Opportunity (DCEO) has allocated $42 million to launch the Regional Site Readiness Program.

This endeavor aims to enhance the readiness of potential industrial sites across Illinois, bolstering the state's capacity to attract investments and create new job opportunities. This funding comes from the 2019 Rebuild Illinois program. Planning grants up to $150,000 and Capital Ready grants up to $3 million are available, with applications open until October 21, 2024, at 5:00 p.m.

For more information on applying and to view the Notice of Funding Opportunities (NOFOs), please visit the DCEO website. Assistance with applications can be obtained by contacting [email protected].