Cannabis Regulation and Tax Act Social Equity Program
CSFA Number: 420-45-2348
Agency Name
Department Of Commerce And Economic Opportunity (420)
Agency Identification
06-1
Agency Contact
Alma Tello
312-814-2606
Alma.Tello@illinois.gov
Short Description
Cannabis Regulation and Tax Act directs DCEO to establish the Social Equity Program as defined in 410 ILCS 705/7-10 and 7-15, to support Social Equity Applicants with the acquisition of professional assistance and technical assistance services and materials to build capacity to operate in and succeed in the Illinois regulated cannabis market.
Subject Area
Economic Development
Program Function
Business and Commerce
Enabling Legislation
This grant program is utilizing state funds appropriated by the Illinois General Assembly as indicated in Public Act 101-0007 to the Department of Commerce and Economic Opportunity from the Cannabis Business Development Fund as created in 410 ILCS 705/7-10.
Objectives and Goals
The objective of the Program is to help Social Equity Applicant Businesses gain entry to, and successfully operate in, the State of Illinois’ regulated cannabis program
Types of Assistance
Project Grants
Uses and Restrictions
To provide professional and technical assistance to Social Equity Applicants to build capacity to operate in and succeed in the Illinois regulated cannabis market.
Eligibility Requirements
All potential applicants are eligible.
Eligible Applicants
Government Organizations; Nonprofit Organizations; For-Profit Organizations; Education Organizations;
Application and Award Processing
Applications are due by deadline identified in the Notice of Funding Opportunity Supplement. All applications received by the deadline will be scored on merit and finalists will be notified via a Notice of State Award.
Assistance Consideration
None
Post Assistance Requirements
Standard GATA reporting (performance, financial and audits if appropriate)
Regulations, Guidelines, Literature
410 ILCS 705/7-10 and 7-15
Funding By Fiscal Year
FY 2020 : $500,000
Federal Funding
None
Notice of Funding Opportunities
Agency IDAward RangeApplication Range
DetailsCannabis 2020-1$0 - $001/10/2020 - 02/09/2020 : 05:00pm
Agency IDGrantee NameStart DateEnd DateAmount
20-441005ACCION Chicago Inc03/01/202002/28/20216,048,939
20-441003ACCION Chicago Inc03/01/202002/28/20212,946,491
20-441001ACCION Chicago Inc03/01/202002/28/20211,050,000
20-441002ACCION Chicago Inc03/01/202002/28/20211,000,000
20-441004ACCION Chicago Inc03/01/202002/28/20211,000,000