Business Attraction Prime Sites

The Illinois Department of Commerce and Economic Opportunity is soliciting applications for the Business Attraction Prime Sites grant program, with a total funding amount of 3,500,000 USD. This grant is intended for for-profit businesses located in Peoria, Illinois, specifically those operating in focus industries such as Transportation, Distribution, and Logistics. To be eligible, applicants must have an executed Tier 2 EDGE agreement, be in good standing with the Illinois Secretary of State, and be registered as a public entity in SAM.gov with a valid Unique Entity Identifier. The project requires a minimum capital investment of 40,000,000 USD and the retention of at least 700 full-time employees. The period of performance is expected to run from January 15, 2027, through June 30, 2030. Award selection is based on a merit review process scored on a 100% scale, with a significant emphasis on the necessity of funds. Grantees must adhere to Rebuild Illinois capital funds Bondability Guidelines and employ at least 90% Illinois laborers for public works or hazardous waste clean-up. Additionally, the Illinois Apprenticeship Initiative requires that apprentices perform at least 10% of total labor hours in each prevailing wage classification. Applicants must submit a comprehensive package via the designated electronic form by December 14, 2026. Required documentation includes a Uniform Grant Application, a Program Narrative using the provided template, and signed Conflict of Interest and Mandatory Disclosure forms. Awardees will be required to submit electronic Periodic Performance and Financial Reports at least quarterly, followed by a final closeout report within 45 calendar days of the performance period's end.