Strategic Economic Development Program

The Illinois Department of Commerce and Economic Opportunity is issuing this Notice of Funding Opportunity to support the development and improvement of an existing facility to enhance an advanced manufacturing academy. The goal of this program is to support the comprehensive renovation of an existing extension structure into a permanent manufacturing training academy located in McLean County. Eligible applicants must be a for-profit business entity with an active REV Tier 2 Agreement, located in McLean County, Illinois. The project must utilize existing structural foundations and utilities, and the applicant must demonstrate how the project will benefit McLean County and the State of Illinois. • The applicant must provide a comprehensive scope of work detailing the renovations of the existing structural foundation and utility systems. • The applicant must demonstrate how the project is necessary for the future success of the applicant. • The applicant must have an existing workforce development program that includes an apprenticeship program and relationships with local community colleges and workforce groups. • The applicant must provide a detailed budget, including a breakdown of the reconstruction expenses, infrastructure expenses, and all machinery and equipment-related expenses necessary to facilitate the renovation project.