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ED22HDQ3070089

Project Grant

Overview

Grant Description
Illinois Central College will serve as the system lead entity and backbone organization for a new Information Technology sector partnership aimed at strengthening Central Illinois's economy. The project will partner with over 40 companies, including Accenture, JP Morgan Chase, I3 Broadband, and OSF Healthcare, providing the skilled technology and cybersecurity professionals needed to strengthen and grow large and small employers.

Many of these employers have not only signed letters committing to hire trainees but also to provide wraparound services to those going through training. With plans to start training low-income residents as early as high school, the awardee will build a pipeline of skilled workers to enter high-paying jobs in the field.

With a focus on equity, Illinois Central College will also partner with several community-based organizations, including Goodwill Industries, METEC, and the Tri-County Urban League.
Place of Performance
East Peoria, Illinois 61635-0002 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
COVID-19 $14,641,135 (100%) percent of this Project Grant was funded by COVID-19 emergency acts including the American Rescue Plan Act of 2021.
Illinois Central College was awarded IT Sector Partnership for Central Illinois Project Grant ED22HDQ3070089 worth $14,641,135 from Economic Development Administration in September 2022 with work to be completed primarily in East Peoria Illinois United States. The grant has a duration of 2 years 8 months and was awarded through assistance program 11.307 Economic Adjustment Assistance.

Status
(Complete)

Last Modified 8/24/22

Period of Performance
9/1/22
Start Date
5/31/25
End Date
100% Complete

Funding Split
$14.6M
Federal Obligation
$0.0
Non-Federal Obligation
$14.6M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to ED22HDQ3070089

Additional Detail

Award ID FAIN
ED22HDQ3070089
SAI Number
ED22HDQ3070089_000
Award ID URI
SAI EXEMPT
Awardee Classifications
State Government
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
KKRNX8RMLSE8
Awardee CAGE
1QD93
Performance District
18
Senators
Richard Durbin
Tammy Duckworth

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Economic Development Assistance Programs, Economic Development Administration, Commerce (013-2050) Area and regional development Grants, subsidies, and contributions (41.0) $14,641,135 100%
Modified: 8/24/22