Large Business Development Program (LBDP)


  • Illinois Department of Commerce and Economic Opportunity (DCEO)
  • 500 E Monroe,
  • Springfield, IL 62701
  • Phone: 217 524-8449
  • Fax:
  • TDD: 800-785-6055
  • Email:
  • Website: http://www.ildceo.net/dceo/Bureaus/Business_Development/Grants/lbdp.htm

Purpose of the Program

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/ retention of a large number of Illinois jobs.

Who is Eligible

A company must be for-profit, mature and stable, have a well-defined market, employ at least 500 employees, have a proven record of earnings, sell its products for services to regions beyond Illinois and have multi-state location options.  A company must create and/or retain at least 300 FTE jobs within a 24-month period.

How Funds are to be used

Land, infrastructure improvements and site preparation; construction and/or renovation of buildings and structures; machinery and equipment.

Types of Assistance

Grants, Loans

Year Program was established

2000