Strategic Economic Development Program

Department of Commerce and Economic Opportunity · State of Illinois

At a glance

Strategic Economic Development Program is an open Illinois state grant opportunity from the Department of Commerce and Economic Opportunity (State of Illinois). Applications are due November 6, 2026. Total estimated funding is $5M across about 1 awards. It is listed on the Illinois Catalog of State Financial Assistance. Cost sharing is not required.

Summary assembled from the official notice's fields. The official notice governs.

Key facts

Oct 7, 2026Posted
Nov 6, 2026Application deadlinenext date

Opened: Oct 7, 2026
Close date: Nov 6, 2026
Award floor: Not specified
Award ceiling: Not specified
Est. total funding: $5,000,000
Implied average award: $5,000,000 calculated
Expected awards: 1
Matching funds: Not required
Funding instrument: Grant

Program details (as published on the Illinois Catalog of State Financial Assistance)

CSFA number: 420-45-3219
Program: Strategic Economic Development Program
Announcement type: Initial
Source of funding: State
Indirect costs allowed: No
Technical assistance session: No
Types of assistance: Project Grants
Deadline details: Deadlines are outlined in the Notice of Funding Opportunity.
Award procedures: Award process is outlined in the Notice of Funding Opportunity.

Implied average = estimated total funding ÷ expected number of awards, calculated by GrantsJunction. Actual awards vary.

Who can apply

The source record does not list applicant types. See the official notice.

Additional information on eligibility (from the listing)

Must meet the eligibility requirements contained in the Notice of Funding Opportunity.

Based on the published notice. Review the official notice for complete eligibility requirements.

What it funds

Purpose and description as published on the Illinois Catalog of State Financial Assistance.

Summary

A suite of strategic programs aimed at attracting and retaining job creators looking to locate or expand their business in Illinois.

Objective

Attracting and retaining job creators in Illinois

Program terms

No additional terms and conditions - standard capital terms.

Application procedures

Submission of application materials via link provided in the Notice of Funding Opportunity.

How proposals are selected

Criteria and selection processes are outlined in the Notice of Funding Opportunity.

Program record in the Illinois Catalog of State Financial Assistance ↗

Full announcement & documents

The full announcement has the complete rules — page limits, required attachments, evaluation criteria and any letter-of-intent dates. Files download directly from Illinois Catalog of State Financial Assistance.

Full notice of funding opportunityFull Announcement · Notice of Funding Opportunity (PDF)PDF

How to apply

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Read the program guidelinesThe agency's solicitation or guidelines set eligibility details, scoring criteria and required documents. Open ↗
Confirm eligibility and fitCheck your organization type and location (applicants are generally expected to be in Illinois).
Find out how to submitSee the agency's program page for the application portal or submission address. Open ↗
Prepare the application and budgetFollow the guidelines' format exactly; state programs often require specific forms and attachments.
Ask the program contact any questions earlyDamilola Oluwemimo · damilola.oluwemimo@illinois.gov Open ↗
Submit before November 6, 2026Due by 5:00 p.m. Central time. Submit early and keep your submission confirmation.

Program contact (as published)

Damilola Oluwemimo
damilola.oluwemimo@illinois.gov

Quick answers

When is the deadline for “Strategic Economic Development Program”?

According to the official notice, applications are due November 6, 2026. The notice adds: “Due by 5:00 p.m. Central time.” Confirm the deadline and submission time with the agency before applying.

How much funding is available through “Strategic Economic Development Program”?

Per the notice, total estimated program funding is $5,000,000 and the agency expects to make about 1 awards.

How do I apply for “Strategic Economic Development Program”?

Applications go directly to Department of Commerce and Economic Opportunity, not through GrantsJunction. Read the program guidelines on the agency's site first; state programs set their own forms and registration requirements.

Other open Illinois state opportunities, matched on agency, categories and wording.

OpenState of Illinois