State of Illinois Incentives

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- State of Illinois Incentives Website -

Development Finance and lends Authority Pooled Bond Program for small business.

IDFA issues a bond money to two or more businesses.

Development Finance and lends Authority Pooled Bond Program for small business.

Incubator Assistance Program:

- Local governments, economic development.
- Interest free state loan up to $650,000 or 50% of cost.

Industrial Training Program:

- Organizations and educational agencies wishing to start a business.
- Manufacturing firms locating or expanding in Illinois.

Small Business Development Program:

- Illinois businesses with fewer than 500 employees.
- Direct loan from the state up to 25% of project cost or $2 million.