Community Development Financial Institutions in Illinois

Learn More about CDFI's and Small Business Resources in Illinois see here

While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.

Community Development Financial Institutions fall into four categories:

  • Community Development Loan Funds
  • Community Development Credit Unions
  • Community Development Banks - Including Thrifts and Holding Companies
  • Community Development Venture Capital Funds

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CDFI Map
blue icon Loan Fund | red icon Credit Union | green icon Bank or Thrift | purple icon Venture Capital Fund | white icon Depository Institution Holding Company
CDFI's in Illinois




























































































Featured Government Grant Resources


Small Business Administration's Portable Assistance Program

The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.





Minority Business Enterprise Centers for Minority-Owned Businesses

The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.





Social Entrepreneurship
Spotlight



Social Enterprise Is Re-Housing Unwanted Furniture


Weston Mill-based social enterprise Surplus Rescue CIC (Community Interest Company) recycles and finds homes for unwanted furniture. To date, it has received “extensive amounts” of quality second-hand furniture including desks, pedestals, cupboards and office chairs from a former local authority office equipment – and wants to find them a good home.


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More Federal Domestic Assistance Programs


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