Economic Development Program
The Economic Development Program (EDP) provides state assistance for roadway improvements or new construction to facilitate access to new or expanding industrial, manufacturing, distribution, business service, or major tourism/entertainment companies in Illinois. Offered by Illinois Department of Transportation; awards $2.0M.
Key Facts
- Funder
- Illinois Department of Transportation
- Award amount
- $2.0M
- Deadline
- Rolling / not specified
- Geography
- Illinois
- Categories
- Community Development
- Status
- Open
About This Grant
The Economic Development Program (EDP) provides state assistance for roadway improvements or new construction to facilitate access to new or expanding industrial, manufacturing, distribution, business service, or major tourism/entertainment companies in Illinois. Funding is non-competitive and is determined by the number of permanent full-time jobs created ($30,000 per new job) and retained ($10,000 per retained job), up to a maximum of $2 million per project. IDOT enters into agreements with...
Full requirements and application instructions: official listing.
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