Peoria Standard

Illinois Representative Weaver is shining a spotlight on the Business Attraction Prime Sites grant program in this week's #NOFOFriday. This grant program aims to support companies with significant capital investment projects that will generate job opportunities for Illinois residents. The grant award amount ranges from $250,000 to $25,000,000, making it a substantial resource for eligible businesses. The application deadline for this grant is June 30, 2024.

Representative Weaver encourages anyone interested in this grant opportunity or seeking more information about other available grants to reach out to her office. She states, "If you or someone you know has any interest in this particular grant, or if you would like more information on other available grants or the grant process, please do not hesitate to reach out to my office at my website or call (309) 204-6514."

The Business Attraction Prime Sites grant program is designed to attract and support companies that are willing to make substantial investments in Illinois and create employment opportunities for local residents. By offering financial assistance, the program aims to foster economic growth and development in the state.

The grant program is open to businesses that meet specific criteria, and the funds can be utilized for projects that have the potential to make a significant impact on the local economy. The award amounts are determined based on the scale of the capital investment and the number of jobs that will be created.

This initiative is a testament to the state government's commitment to promoting business growth and job creation. Representative Weaver emphasizes the importance of this grant program, stating, "The goal of this grant is to assist companies with large-scale capital investment projects that commit to significant job creation for Illinois residents."

Interested businesses are encouraged to explore the eligibility requirements and submit their applications before the deadline. This grant program presents a valuable opportunity for companies looking to expand their operations and make a positive impact on the local community.

In conclusion, the Business Attraction Prime Sites grant program is a significant resource for companies seeking financial support for large-scale capital investment projects in Illinois. With the potential to create significant job opportunities, this grant program aligns with the state's objective of fostering economic growth and development. Representative Weaver's office is available to provide more information and assist interested parties in navigating the grant application process.

To find out more, go to this link: https://repweaver.com/2023/12/22/rep-weaver-highlights-business-attraction-prime-sites-grant-program-on-nofofriday/