EDGE for Startups Application
Application Process for EDGE for Startups:
The EDGE for Startups program is a streamlined yet comprehensive process designed to assess the potential and readiness of your startup. The application involves two key components:
Part 1: Application Forms:
This is your opportunity to introduce your startup. Simply describe your business, the jobs you plan to create and the capital investment you plan to make. You will fill out a Word and an Excel application.
See the EDGE Tool Box.
Part 2: Supporting Documents:
- Two-Year Financial Projections: For businesses under 2 years old, we require monthly cash flow projections for the first year, three-year projections of Balance Sheet and Profit and Loss Statements, and any 90-day interim or pro forma financials.
- Organizational Chart: The corporate organization chart is critical to help in determining the legal applicants that need to be included in the application.
- ITR-1 Form: The ITR-1 is an Illinois Department of Revenue Request for Tax Clearance form. This form needs to be submitted for all legal applicants of an EDGE application and the applicant’s owners.
- Good Standing with the Secretary of State (SOS): It ensures that your company is duly registered and compliant with state regulations.
- Site plan or map that shows the boundaries of the project site.
If you are ready to start the process or learn more, we invite you to contact ceo.edge@illinois.gov to schedule an informational call with our team.