Illinois

 small business grants

Looking to boost your Illinois-based small business? The state offers several small business grant programs to help fuel growth and encourage job creation.

Illinois provides several workforce development resources to help small businesses grow, although there are currently no grants specifically for hiring.

Programs like the Illinois Workforce Innovation Board (IWIB) Grants and the Employer Training Investment Program (ETIP) offer essential funding for training and skill development, making it easier for Illinois businesses to build a skilled workforce.

Illinois Workforce Innovation Board (IWIB) Grants

  • Purpose: Supports workforce development initiatives, including hiring and training programs for Illinois employers.
  • Eligibility: Open to employers looking to train new hires or existing employees to meet industry demands.
  • Benefit: Grants for training programs and potential wage reimbursements.
  • Application process: Apply through local workforce development boards or the Illinois Workforce Innovation Board (IWIB).
  • More info: Visit the IWIB website for more details on eligibility and application requirements.

Illinois Department of Employment Security (IDES) Employer Training Investment Program (ETIP)

  • Purpose: Provides grants to support workforce skill development for Illinois businesses.
  • Eligibility: Employers seeking to train new hires or upgrade skills of current employees.
  • Benefit: Grants covering up to 50% of training costs, with maximum amounts depending on the program type.
  • Application process: Apply through IDES and local workforce development agencies.
  • More info: Visit the IDES website for further details on the program and application process.

Illinois grants for small businesses

For Illinois grants for small businesses, programs like IWIB Grants and ETIP provide critical support for employee training and skill development. These programs help Illinois businesses enhance workforce skills and promote job retention through specialized training.

Other relevant programs in Illinois

  • Illinois Small Business Development Center (SBDC) Services: Offers free consulting, training programs, and resources for small businesses in Illinois, including assistance with hiring and workforce development. Available through local SBDC offices across the state.

Other helpful resources for Illinois-based small businesses

  • Illinois Small Business Development Center (SBDC) Network
    Provides free business consulting and low-cost training services.
  • Illinois Procurement Technical Assistance Center (PTAC)
    Assists businesses in obtaining government contracts.
  • U.S. Small Business Administration - Illinois District Office
    Federal resources and programs available in Illinois.
  • Illinois Treasurer's Office - Small Business Programs
    Offers various financial programs for small businesses.
  • Illinois Workforce Innovation Board
    Provides resources for workforce development.
  • Illinois Innovation Network
    Supports innovation and entrepreneurship across the state.
  • Illinois Chamber of Commerce
    Offers resources and networking opportunities for businesses.
  • List of small business grants

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