Illinois Small Business Development Centers Grant

Illinois Small Business Development Centers Grant

Status: ACTIVE
Funder: Illinois Department of Commerce and Economic Opportunity (DCEO)
Amount: US $80,000 - US $525,000
Last Updated: March 21, 2026

Summary

The Illinois Small Business Development Centers, operated by the Illinois Department of Commerce and Economic Opportunity (DCEO), provide essential support to small businesses and entrepreneurs in Illinois. This initiative focuses on delivering professional, individualized advising and technical assistance, helping businesses access capital, enhance operations, and foster innovation. By nurturing a conducive environment for growth and development, the program aims to strengthen Illinois’ economy and ensure it remains a top choice for business endeavors.

Overview

Note: For your application to be considered, your entity must be pre-qualified. Illinois Department of Commerce and Economic Opportunity The mission of the Illinois Department of Commerce and Economic Opportunity (DCEO) is to create equitable economic opportunities across the State of Illinois. By attracting and supporting major job creators, investing in communities, strengthening Illinois’ world-class workforce, fostering innovation, and ushering in the new clean energy economy, DCEO works to fortify Illinois’ reputation as a global economic powerhouse while ensuring Illinois is the best state to live, work and do business. Small Business Development Centers Notice of Funding Opportunity Intent The Illinois Department of Commerce and Economic Opportunity (the “Department” or “DCEO”) is issuing this Notice of Funding Opportunity (“NOFO”) to seek qualified host organizations to operate Illinois Small Business Development Centers and provide program services. Program Description Consistent with the U.S. Small Business Administration’s national program purpose, Illinois SBDCs deliver professional, high-quality, individualized, confidential one-on-one advising and technical assistance to existing small businesses and pre-venture entrepreneurs. Centers provide professional assistance to help small businesses access capital, develop and exchange new technologies, and improve business planning, strategy, operations, financial management, personnel administration, marketing, export assistance, sales, and other areas required for small business growth and expansion, management improvement, increased productivity, and innovation.

Eligibility

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