Ultimate Guide to Small Business Grants in Illinois

Updated April 4, 2022

Are you a small business owner looking for grants in Illinois? You've come to the right spot. This page contains grants that are currently open for Illinois small businesses. Bookmark this page as we update it frequently.

📌 Pro tip: Be the first to hear about new Illinois and nationwide grants by joining Skip.

Skip Small Business Grant Program

Deadline to apply: Applications accepted year-round
Grant amount: $1K
Eligibility: Open to all small business owners and entrepreneurs
Grant information: Since March of 2020, we have been donating our YouTube revenue back to individuals and small businesses. On the third Wednesday of every month, we award several $1K grants to help business owners power their passion.
Apply: To learn more about our grant — including how to get EXTRA entries — read this short article. If you want to apply right away, here is our grant application page.

Small Business Improvement Fund

Deadline to apply: May 31, 2022.
Grant amount: Up to $250K
Eligibility: This provides grant funding for permanent building improvements across the city of Chicago.
Grant information: The grant amounts will range from 30 percent to 90 percent of the cost of remodeling work — the maximum grant will be $150K for commercial properties and $250K for industrial properties. To be eligible, your commercial businesses cannot have more than $9 million in gross sales and your industrial businesses cannot have more than 200 full-time employees.
Apply: To learn more about this grant and apply, visit the the Small Business Improvement Fund website.

Other Small Business Grants

We'll update this page with new grants as we find them. If you don't qualify for the Illinois grants currently mentioned here, check back later and take a look at the following grant guides.

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