State /DCEO Re source s

Kim Watson & Sal Garza Fe b . 27, 2020

Overview of DCEOMissio nAt DCEO we strive to p rovid e the b e st se rvice to our custome rs: b usine sse s, worke rs & communitie s. By offe ring a mix of financial ince ntive s, g rants, skill-training s and o the r p rog ramming , we he lp comp anie s and e mp loye e s achie ve the ir g oals.

Te n Prog rammatic O ffice s• Broad b and• Busine ss De ve lop me nt • Community Assistance • Community De ve lop me nt• Emp loyme nt and Training • Entre p re ne urship , Innovation, and Te chnolog y • Film • Minority Economic Emp owe rme nt • Tourism • Trad e and Inve stme nt

Ne w Prog rams • Cap ital b ud g e t and b road b and fund ing• Cannab is Social Eq uity p rog ram • Ne w tax ince ntive p rog rams – Data Ce nte rs and

Ap p re ntice ship s

O UR MISSIO N

At DCEO we strive to p rovid e theb e st se rvice to our custome rs:

O ffice of Re g ional Economic De ve lop me ntRe g ional team me mb e rs se rve as liaisons for conne cting custome rs (b usinesses, communitie s and othe r e ssential stakeholde rs) with the availab le state re source s that may p rovid e for ne e d e d financial and te chnical assistance .

Re b uild Illino is – Cap ita l Bud g e t• Gove rnor Pritzke r re ce ntly sig ne d into law:

• P.A. 101-29 (HB 62) to e nact the Re b uild Illino is Cap ital Bud g e t

• P.A. 101-7 (SB 262) to imp le me nt the FY20 op e rating b ud g e t and o ld cap ital ap p rop riations

• $45 b illion inve stme nt in road s and b rid g e s, schools, e conomic d e ve lop me nt p ro je cts, among many o the r exciting fund ing op p ortunitie s. Examp le s includ e :

• $33 b illion fo r transp ortation p ro je cts throug h IDOT, includ ing $4 b illion in transp ortation fund s to local g ove rnme nts

• $1.1 b illion fo r e ne rg y and conse rvation p ro je cts • $526 million in fund ing for Pre K-12 Ed ucation

p ro je cts • $465 million fo r healthcare and human se rvice s-

re late d p ro je cts

• 6-year cap ital p lan

DCEO – Cap ita l Bud g e t

• DCEO ’s Cap ital Bud g e t to tals $1.76 b illion• 52 line s o f ap p rop riation

• Pritzke r Ad ministration DCEO Lump Sum ap p rop riations

• Pritzke r Ad ministration DCEO d ire ct line -ite ms

• Most o f DCEO ’s cap ital b ud g e t is lump sum ap p rop riations fund e d b y Build Illino is Bond fund s

• Und e r the Grant Accountab ility and Transp are ncy Act (GATA), whe the r a g rant op p ortunity is comp e titive is d e te rmine d b y the fo rm in which it was ap p rop riate d

• Dire ct Line Pro je ct Id e ntifie d Grant – Non-comp e titive

• Lump Sum Grant – Comp e titive

Pritzke r Ad m in istra t io n DCEO Lum p Sum s

• O ver the course of the next six years, DCEO will b e issuing Notice of Fund ing O p p ortunitie s (NO FO s) for a varie ty of p ro jects and p urp ose s (HB 62)

• $175 million fo r p ub lic infrastructure p ro je cts (1A BIBF)• $175 million fo r e conomic d e ve lop me nt p ro je cts (1A BIBF) • $50 million fo r e d ucational and scie ntific-re late d facilitie s (1C BIBF) • $400 million fo r b road b and d e p loyme nt • $50 million fo r e me rg ing te chnolog y e nte rp rise s • $75 million fo r e conomic d e p re sse d areas • $15 million fo r minority-owne d b usine sse s • $22 million fo r school-b ase d trauma re cove ry ce nte rs

Pritzke r Ad m in istra t io n DCEO Lum p Sum s (co nt.)

• O ld lump sum g rants from DCEO lump sums (SB 262)

• Build Illino is Bond Fund Authoritie s• 1A - For p lanning , e ng ine e ring , acq uisition,

construction, re construction, d e ve lop me nt, imp rove me nt and exte nsion of p ub lic infrastructure in Illino is

• 1B - Foste ring e conomic d e ve lop me nt, increase d e mp loyme nt, we llb e ing of Illino is citize ns throug h community d e ve lop me nt

• 1C - De ve lop me nt and imp rove me nt o f e d ucational, scie ntific, te chnical and vocational p rog rams and facilitie s, exp ansion of health and human se rvice s fo r Illino is citize ns

Comp e titive Grant Life cycle

Pre -Award Re q uire me nts

Ap p lication Sub mission/Re vie w Active Grant

• Valid DUNS numb e r• Curre nt SAM.g ov

account• Not b e on the Fe d e ral

Exclud e d Partie s list• Be in Good Stand ing

with the Illinois Se cre tary of State

• Not b e on the IL Stop Payme nt List

• Fiscal and Ad ministrative Risk Asse ssme nt

NOTE: can all b e found at g rants.Illinois.g ov/p ortal

• Me rit Re vie w Committe e

• Prog rammatic Risk Asse ssme nt Que stionnaire

• Acce p te d Ap p licants will Re ce ive Notice

• Grant Ag re e me nt Exe cution

NOTE: ap p lication and information ab ove can b e found on the Catalog of State Financial Assistance (CSFA) or DCEO staff for d ire ct g rants

• Grant fund s are p aid on a re imb urse me nt b asis, exce p t an initial working cap ital ad vance , up to 25% of to tal fund s

• Grant fund s will b e d isb urse d up on ap p roval of exp e nd iture re p orts

HO W WE WO RK WITH BUSINESSESTo sup p ort the local b usine ss community, the State of Illinois offe rs multip le b usine ss d e ve lop me nt and assistance p rog rams to comp anie s curre ntly op e rating in the state , as we ll as those looking to re locate he re . To d ate , DCEO has issue d 200+ ce rtificate s to b usine sse s, offe re d $195,000,000+ in tax cre d its, and facilitate d the creation and re te ntion of 69,000+ job s.

Allow us to make your move to Illinois as seamle ss as p ossib le b y afford ing you the op p ortunitie s the state has to offe r.

Co m p any o ve rvie w Site Se le ct io n Assistance

Co m p re he nsive o ve rvie w so f ince nt ive & p ro g ram s

Intro d uct io ns to lo ca l e co no m icd e ve lo p m e nt le ad e rs

Dire ct co nne ct io ns to o the rsta te d e p a rtm e nts & ag e ncie s

In tro d uct io ns to lo ca le d uca t io na l inst itu t io ns

O ve rvie w s o f w o rkfo rceassistance o p p o rtun it ie s

Lo ca t io n / Site Ne e d s

Pro je cte d cap ita linve stm e nt

Pro je cte d num b e r o f jo b s cre a te d

DCEO Provid e s

Busine ss Provid e s

PRO GRAMS & INCENTIVES FO R LARGE BUSINESSES

Eve ry co m p any is d iffe re nt . Le t us a ssist yo u in e xp lo ring a ll the sup p o rt yo u can re ce ive fro m the sta te

• Ag Inve stme nt Annual Loan Prog ram

• Ap p re ntice ship Tax Cre d it

• Busine ss & Ind ustry Loan Guarante e Prog ram

• Economic De ve lop me nt for a Growing Economy (EDGE)

• EDGE Re te ntion Ince ntive

• Ente rp rise Zone Prog ram

• Growth and Innovation Fund

• Hig h Imp act Busine ss Prog ram (HIB)

• Local Workforce Assistance

• Manufacturing Machine ry & Eq uip me nt (MM&E) Sale s Tax Exe mp tion

• Ne w Marke ts De ve lop me nt Tax Cre d it

• Rail & Fre ig ht Loan Prog ram

• Re search & De ve lop me nt Tax Cre d it

• Site Se le ction Assistance

• USDA Inte rme d iary Re le nd ing Prog ram

• Value ad d e d Prod uce r Grant Prog ram

• Waste wate r/Stormwate r & Drinking Wate r Loan Prog ram

PRO GRAMS & INCENTIVES FO R SMALL BUSINESS

Fro m lo ca l b usine sse s to sta rt -up s, w e p ro vid e d ive rse sup p o rt to he lp b usine sse s take the ne xt ste p and sca le b o th lo ca lly & ab ro ad .

• Ad vantag e Illinois

• Community Inve st - CUP

• First Stop Busine ss Information Ce nte rs

• Inte rnational Trad e Ce nte rs

• Small Busine ss Environme ntal Assistance Prog ram

• Small Busine ss De ve lop me nt Ce nte rs

• Ang e l Inve stme nt Tax Cre d it

• Social Eq uity Cannab is Loans

• Busine ss Inve st – CUP

• Procure me nt Te chnical Assistance Ce nte rs (PTAC)

• Re g iste ring as a Minority Owne d Busine ss (BEP)

• Grant Accountab ility and Transp are ncy Act (GATA) Sup p ort

SUPPO RT FO R EMPLOYERS & J O B SEEKERS

O ur p rio rity is to find so lu t io ns fo r b o th e m p lo ye rs to g ro w and w o rke rs to e vo lve in o rd e r to ke e p up w ith m arke t d e m and s &ke e p Illino isans co m p e tit ive in the w o rkp lace .

• Employee Training Incentive Program (ETIP)

• United States Economic Development Adjustment Assistance Program

• Workforce Innovation and Opportunity Programs

• Trade Adjustment Assistance

• Rapid Response Program

• Child Care Assistant Program

• Employee Child Care Credit

• TECH-PREP Youth Vocational Programs Credit

SUPPO RTING O UR GRO WING FILM & TO URISM INDUSTRIES

As the Illino is film ind ustry b o o m s, m o re & m o re co rne rs o f the sta te a re b e co m ing land ing g ro und s fo r film p ro d uctio ns o f a ll size s.

• Film Services Tax Credit

• Location Assistance

• Housing Assistance Program

• Live Theatre Production Tax Credit

• Film Production Tax Credit

• Tourism Attraction Development Grant

• Local Tourism and Convention Bureau Program Grant

HELPING CO MMUNITIES CREATE VIBRANT ECO NO MIES

Thriving co m m unit ie s fu ll o f cu ltu re & h ig h q ua lity o f life a re ke y to susta in ing urb an & rura l p o p ula t io ns tha t ke e p o ur ind ustrie s co m p e tit ive acro ss o ur sta te .

• Low Income Home Energy Assistance Program

• Community Development Block Grant

• Percentage of Income Payment Plan

• IDOT Economic Development Program (IDOT-EDP)

• Historic Preservation Tax Credit

• Housing Rehabilitation Program

• River Edge Redevelopment Zone

• Affordable Housing Tax Credit

• Hospital Credit

• Invest in Kids Credit

• Truck Access Route Program

HO W TO REACH US

Communities

The Community Assistance and Community Development teams can walk cities, towns, and individual Illinoisans through the process of applying for everything from weatherization funds to disaster relief.

Job Seekers & Employers

The Office of Employment & Training provides assistance, training, apprenticeships, resources and more to Illinois job seekers

communityassist@Illinois.govor cdbg@Illinois.gov

Film

The Illinois Film Office provides assistance with location scouting and the Film Tax Credit, among other services.

Businesses

The Business Development team is available to help businesses of all sizes with expansion or relocation planning, tax credits, workforce training and more.

GATA

The Office of Accountability is available to provide assistance on grant life cycles, DUNS numbers, and to address other GATA-related questions.

General Inquiries

The Regional Economic Development Team provides local expertise on all matters pertaining to business attraction and economic development.

workforce@Illinois.gov film@Illinois.gov

opportunities@Illinois.gov ceo.accountability@illinois.gov ienconnect@mailmw.custhelp.com

Que stions

THANK YOU