The LBDP program is designed to provide grants to businesses undertaking a major expansion or relocation project that will result in substantial private investment and the creation and/or retention of a large number of Illinois jobs. Funds available through the program may be used by large businesses for bondable business activities, including financing the purchase of land or buildings, building construction or renovation, and certain types of machinery and equipment. Grant eligibility and amounts are determined by the amount of investment and job creation or retention involved.
For further information please contact:
Illinois Department of Commerce &
Bureau of Business Development
500 East Monroe
Springfield IL, 62701
Tel: 217 524-8449
TDD: 800 785-6055