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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Community Foundations Map
blue icon SBDC | red icon SCORE | green icon WBC |green icon Other SBA Partner | dollar icon CDFI
CDFI's in Illinois





Featured Government Grant Resources


Program for Investment in Micro-Entrepreneurs Technical Assistance

The Program for Investment in Micro-Entrepreneurs Technical Assistance Program is designed to decrease the number of disadvantaged micro-entrepreneurs by helping them enhance their management capabilities, by way of providing them with technical assistance and training in the areas concerning activities that are associated with starting, expanding and growing their businesses.







Small Business Administration's Recovery Capital Loans

The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.





More Federal Domestic Assistance Programs


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Edited by: Michael Saunders

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