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Find similar grantsIllinois Innovation Voucher Program is sponsored by Illinois Department of Commerce and Economic Opportunity. This opportunity supports mission-aligned projects and measurable outcomes.
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Innovation Vouchers Program SCAM ALERT: DCEO has been made aware of organizations receiving fraudulent “notice of award” letters claiming to be from the Illinois Department of Commerce and Economic Opportunity. These are not legitimate notices from DCEO. If your organization receives a notice, please report it to the Federal Trade Commission and/or the FBI’s Internet Crime Complaint Center .
Innovation Vouchers Program Illinois Science & Technology Coalition, in partnership with Illinois Department of Commerce & Economic Opportunity, launched the Innovation Vouchers Program on March 11 th , 2024. The program details, live application form, and support information can be accessed here . Research and Development (R&D) drives the creation of new products and services and is a critical factor for economic growth.
The Illinois General Assembly established the Innovation Voucher Program (20 ILCS 605/605-1060), which Governor Pritzker signed into law, incentivizing R&D collaborations between early-stage companies and higher education institutions, capitalizing on Illinois’ world-class universities and research labs to boost the competitiveness of Illinois companies.
Innovation Vouchers will provide grants for companies to engage in research projects in partnership with an Illinois institute of higher education . This will facilitate the sharing of technologies, knowledge, facilities, and equipment, and ultimately lead to the production of more Illinois-based goods and services and spur economic growth in the state.
Illinois-based companies with 500 or fewer total employees Commit to maintain operations in Illinois for duration of project Businesses that operate in key industries, including agribusiness and agtech; energy; information technology; life sciences and healthcare; manufacturing; and transportation and logistics Scope of eligible projects R&D leading to the creation of new products and services that can be marketed by Illinois businesses The partnering institution must be an Illinois-based, non-profit institution of higher education Diverse geographic and economic areas, including urban, suburban, and rural areas of the State Connect with a DCEO Representative Locate Your Business In IL Start Your Business in IL
Based on current listing details, eligibility includes: For-profit Illinois-based businesses with 500 or fewer total employees that operate in key industries including information technology, and partner with a qualified Illinois-based non-profit institution of higher educat… Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to $75,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
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Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
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Land & Building Acquisition NOFO (FY26) is sponsored by Illinois Department of Commerce and Economic Opportunity (DCEO). This initiative provides funding for capital improvements in Illinois for the State Fiscal Year 2026. It supports projects outlined in the annual appropriation bill, ensuring effective use of state resources to enhance community infrastructure and services.
SBIR/STTR Phase I Matching Grant Program (Illinois) is sponsored by Illinois Department of Commerce and Economic Opportunity (DCEO). This non-competitive matching grant program supports Illinois-based small businesses that have received a federal SBIR or STTR Phase I award. The program provides state funds to help recipients complete their Phase I work, accelerate commercialization, and prepare a competitive Phase II proposal.
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.
Small Business Innovation Research and Small Business Technology Transfer Programs Phase I is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs support small businesses in creating innovative, disruptive technologies with commercial potential or societal benefit, including projects dealing with agriculturally-related manufacturing and alternative and renewable energy technologies. Specialty tubing could be relevant for agricultural equipment or renewable energy systems.