Illinois Innovation Voucher Program Information Session

Join this info session to learn more about the Illinois Innovation Voucher program (20 ILCS 605/605-1060)which aims to foster research and development in key industry clusters leading to the creation of new products and services that can be marketed by Illinois businesses. The Illinois Department of Commerce and Economic Opportunity has awarded the Illinois Science and Technology Coalition the authority to administer this program, which includes up to $3,000,000 in the form of vouchers to eligible participants over the course of one year. Innovation vouchers may cover up to 75% (not to exceed $75,000) of the cost of a research engagement between an Illinois-based small-to-medium-sized business and an Illinois-based institution of higher education.