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Small business grants in Illinois

Illinois has real open grant money, but most of it is tied to specific sectors rather than open to any small business. Below is what each pays, who it rules out, the deadlines that actually matter, and the date a person last checked each against the official source.

Last reviewed 27 October 20265 programmes

Illinois grant programmes at a glance

Illinois small business grant programmes: 4 taking applications now, 1 closed.

ProgrammeAdministered byAmountStatusDeadlineSource
Illinois Grocery Initiative: New Stores in Food DesertsIllinois Department of Commerce and Economic OpportunityVariesOpen9 Dec 2026Official
Illinois SBIR/STTR Match ProgramIllinois Department of Commerce and Economic OpportunityVariesOpen30 Jun 2027Official
Amber Grant for WomenWomensNetUp to $75,000RollingRollingOfficial
Illinois Grocery Initiative: Equipment UpgradeIllinois Department of Commerce and Economic OpportunityVariesRollingRollingOfficial
Illinois Small Business Capital and Infrastructure GrantIllinois Department of Commerce and Economic Opportunity, Office of EquityUp to $10,000,000ClosedNot statedOfficial

Every programme in detail

Read the exclusions before the eligibility. It is faster to find out you are ruled out than to find out you qualify.

Illinois Grocery Initiative: New Stores in Food Deserts

Open

Illinois Department of Commerce and Economic Opportunity · State

Amount
Varies
Deadline
9 Dec 2026

Reimbursement of eligible capital and non-capital costs. Round 3.

Round 3 closes 9 December 2026.

Who qualifies

  • Establishing a new grocery store in a designated food desert census tract
  • Independently owned for-profit, cooperative or not-for-profit grocery operators

Who does not qualify

  • Anything that is not a grocery store. This is a food access programme, not general small business funding
  • Stores outside a designated food desert census tract

How to apply

  1. Confirm the site sits in a designated food desert census tract
  2. Apply through the DCEO grant portal before 9 December 2026

One of the few Illinois grants a business can apply for directly, with a real deadline in weeks rather than a vague rolling promise.

Illinois SBIR/STTR Match Program

Open

Illinois Department of Commerce and Economic Opportunity · State

Amount
Varies
Deadline
30 Jun 2027

State matching funds against a federal SBIR or STTR award.

Open until 30 June 2027.

Who qualifies

  • Illinois small businesses that already hold a federal SBIR or STTR award
  • Research and development commercialisation projects

Who does not qualify

  • Businesses without a federal SBIR or STTR award. The state matches a federal award, it does not originate one
  • Non-R&D businesses

Only useful if you have already won federal SBIR or STTR money, which is a high bar and the reason this is rarely the answer for an ordinary small business.

Amber Grant for Women

Rolling

WomensNet · Private

Amount
Up to $75,000
Deadline
Rolling
Decision
Winners announced by the 21st of the following month

Three $15,000 grants every month, plus three $75,000 year-end grants.

Monthly. Applications close on the last day of every month, and winners are announced by the 21st of the following month.

Who qualifies

  • Woman-owned business
  • One application enters you for both the monthly grant and the year-end grant

Who does not qualify

  • Businesses that are not majority women-owned

How to apply

  1. Apply online before the month-end deadline
  2. Describe the business and what the money would do

Not Georgia-specific; open across the US and listed here because Georgia applicants qualify. The widely republished figures of $10,000 monthly and $25,000 annual are out of date. As of 27 October 2026 it is $15,000 and $75,000.

Before you apply

Most of these ask for a business plan first

Create your business plan

Plans starting from $14/month

Business plan and forecast

Illinois Grocery Initiative: Equipment Upgrade

Rolling

Illinois Department of Commerce and Economic Opportunity · State

Amount
Varies
Deadline
Rolling

Round 3. Covers purchase and installation of energy-efficient equipment.

Rolling.

Who qualifies

  • Independently owned for-profit grocery stores
  • Cooperative grocery stores
  • Not-for-profit grocery stores

Who does not qualify

  • Any business that is not a grocery store
  • Chain-owned stores, as the programme targets independent, cooperative and not-for-profit operators

Rolling and open, which makes it one of the more realistic Illinois options if you run a grocery store.

Illinois Small Business Capital and Infrastructure Grant

Closed

Illinois Department of Commerce and Economic Opportunity, Office of Equity · State

Amount
Up to $10,000,000
Deadline
Not stated

Closed since April 2025. DCEO states there are no plans for future funding.

What it funds

  • Infrastructure improvements
  • Equipment acquisition
  • Property purchase
  • Energy efficiency upgrades
  • Compliance and accessibility improvements

Who qualifies

  • When it ran: businesses owned by socially and economically disadvantaged individuals, and very small businesses

Who does not qualify

  • Everyone, currently. Applications closed in April 2025 and DCEO has announced no further rounds

DCEO is unusually direct about this one: closed, and no plans for future funding. Worth taking at face value rather than waiting for a round that is not coming.

Verified 2026-10-27 · sourceClosed to new applications

Grants elsewhere

FAQ

Common questions about Illinois grants

Yes, more than most states, but they are specific. The Illinois Grocery Initiative has an open round for new stores in food deserts closing 9 December 2026 and a rolling equipment upgrade round, both for grocery businesses. The SBIR/STTR Match runs to 30 June 2027, but only if you already hold a federal award.
DCEO says no. Applications closed in April 2025 and the department states there are no plans for future funding. That is unusually direct for a state agency and worth taking at face value rather than waiting.
Less than the listings suggest. Much of DCEO's open funding goes to organisations such as Small Business Development Centers and community groups that then support businesses, rather than to businesses directly. Advantage Illinois and the state's SSBCI programmes are lending.
New Stores in Food Deserts Round 3 closes 9 December 2026. The Equipment Upgrade round is rolling, and the Grocery Rescue programme runs to 30 June 2027.
For the Grocery Initiative you need costed capital plans and evidence the site sits in a designated food desert census tract. A written plan and a forecast make both far easier to assemble.
Every programme carries the date a person last confirmed it against the official source, shown on its entry. The bar at the top shows the most recent check across the whole list.

Still have questions? Contact our team

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