INCENTIVE DESCRIPTION

State: IL
Incentive Type: Cash Grants and Financing Incentives
Incentive Title: Infrastructure Grants
Description: 1. THE BUSINESS DEVELOPMENT PUBLIC INFRASTRUCTURE PROGRAM(BDPIP): A grant program designed to help local governments make infrastructure improvements on behalf of businesses who are planning a expansion or relocation. 2. ECONOMIC DEVELOPMENT PROGRAM: Administered through the Illinois Dept. of Transportation. Provides state grants to local governments for highway improvements and access to new or expanding industrial distribution and tourism projects. Matching grant up to 50%.
Eligibility Requirements: 1. To receive a grant, the project must include a sizable capital investment and the creation and/or retention of jobs. The improvements must be for the public benefit. The local government must demonstrate a financial need. 2. Projects providing access to retail establishments, office parks, government facilities or school/universities are not eligible.
Geographic Restrictions: Statewide
Granting Authority: 1. IL. Dept. of Commerce & Econ. Dev. 2. IL Dept. of Tran.


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.