DCEO and IMEC Launch Made in Illinois Grant Program to Boost
Manufacturing
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[February 03, 2024]
CHICAGO – Governor JB Pritzker, the Illinois Department of
Commerce and Economic Opportunity (DCEO) and the Illinois Manufacturing
Excellence Center (IMEC) today launched $1 million in funding for the
Made in Illinois Grant Program. The Made in Illinois program provides up
to $50,000 in matching grant funding to small- and mid-sized Illinois
manufacturers to support innovation and strategic advancements in
manufacturing.
“In Illinois, our manufacturing footprint is growing faster than ever
before,” said Governor JB Pritzker. “This is possible because of a
talented local workforce and the coordination of state and local
officials creating policies that result in job creation and growth.
Thanks to organizations like IMEC and the Illinois Made Program,
manufacturers are being given more opportunities to expand their
business right here at home and play a major role in making Illinois the
best place in the nation to live, work, do business, and raise a
family.”
“Illinois has a storied history as one of the nation’s largest
manufacturing states and we are proud to partner with IMEC on the Made
in Illinois initiative,” said DCEO Director Kristin Richards. “This
program helps small-to-mid-sized manufacturers meet market demands and
enhance production, which supports the manufacturing sector and
contributes to Illinois’ economic prosperity.”
Applications are open now through March 31, 2024, and manufacturers are
encouraged to explore the benefits offered by the Made in Illinois Grant
Program by visiting
www.imec.org/madeinillinois. The page provides details on
eligibility criteria, application procedures, and the improvements
achievable through this initiative.
“With the launch of the Made in Illinois Grant Program, we commend the
state for making a strategic investment in our manufacturers and their
future,” said IMEC President, David Boulay, PhD. “This program puts
manufacturers front and center, empowering them for a future marked by
innovation, growth, and lasting success in the evolving world of
manufacturing.”
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To be eligible to apply for this program, companies must:
Be an Illinois manufacturer (as designated with a NAICS code
starting with 31-33)
Have between 5-250 employees
Operated in Illinois for at least 3 years
Had sales revenue in the last 12 months prior to application date
In addition to the grant opportunity, the Made in Illinois Grant
Program also offers manufacturers access to expertise and resources,
guiding them toward a future defined by productivity and innovation.
Through expertise and resources and through the grant program,
manufacturers are set to benefit from:
Productivity Boost: Grant funds support production enhancements for
sustained growth.
Innovation Focus: The program encourages manufacturers to integrate
cutting-edge technologies for continuous improvement.
Cost-Effective Innovation: Backed by IMEC's expertise, manufacturers
innovate while keeping costs in check.
Quality Improvement: Grant recipients invest in automation to
elevate product quality.
Workforce Support: Automation and smart technologies equip
manufacturers with an opportunity to up-skill their workforce.
Market Leadership: Manufacturers gain a leadership position by
adopting cutting-edge technologies.
Machinery Acquisition: Emphasis on
strategic acquisition for advanced machinery.
Flexibility and Resilience: Fosters adaptability through advanced
technologies to lower operational risk and pivot to market shifts.
Applications for the Made in Illinois Grant Program are open until
March 31, 2024. The program will award matching grants between
$5,000 and $50,000 to eligible companies. Interested manufacturers
are encouraged to visit the official program page at
www.imec.org/madeinillinois.
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