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Illinois Department of Commerce and Economic Opportunity

Illinois Department of Commerce and Economic Opportunity

Springfield, Illinoiswww2.illinois.gov

Overview

The Illinois Department of Commerce and Economic Opportunity (DCEO) is the code department of the Illinois state government that sponsors statewide economic development, with special emphases on increasing minority entrepreneurship, promoting the tourism industry, and recruiting Illinois as a location for business investment and film production. DCEO's Business Information Center is a single statewide resource for entrepreneurs and businesses to obtain comprehensive regulatory and permitting information. DCEO works to fortify Illinois' reputation as a global economic powerhouse while ensuring Illinois is the best state to live, work and do business.

Portfolio Companies

21

Investments

Illinois Department of Commerce and Economic Opportunity investments
CompanyDateStageLead
Syntax BioJun 2026Series ACo-investor
SolarMantleFeb 2026GrantCo-investor
PrenosisJan 2026GrantCo-investor
U.P. OncolyticsJan 2026GrantLead
Laborecom TherapeuticsJan 2026GrantCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersSpringfield, Illinois
Year FoundedN/A

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