Illinois Innovation Voucher Program
Backs research teams and universities in Illinois that are turning innovation ideas into reliable market-ready products.
About
Illinois Innovation Voucher Program sits inside the Illinois Department of Commerce and Economic Opportunity’s grant portfolio and is designed to help smaller companies buy outside research help. The program is a state grant tool rather than a tax credit or loan, and it is aimed at Illinois firms that need access to institutions or specialized technical services. It is a practical bridge between a…
Max award$75K
Realistic median$30K
Success rateOver 30%
Decision time—
No upcoming rounds verified. Cadence: Rolling.