The Illinois Department of Commerce and Economic Opportunity is issuing a Notice of Funding Opportunity for the SBIR/STTR Match Program. This program provides a state match to companies that have received a Phase I or Phase II award through a federal SBIR or STTR grant program. The maximum award under this program may not exceed $75,000 for Phase I and $250,000 for Phase II. The program aims to support startups and small businesses in Illinois, fostering innovation and commercialization of research.
Key aspects of the program include:
• The program will provide a state match to companies that have received a Phase I or Phase II award through a federal SBIR or STTR grant program.
• The maximum award under this program may not exceed $75,000 for Phase I and $250,000 for Phase II.
• The program aims to support startups and small businesses in Illinois, fostering innovation and commercialization of research.
• Eligible applicants must be for-profit businesses based in Illinois, have received an SBIR or STTR Phase I or Phase II award from a participating federal agency, and satisfy all federal SBIR/STTR requirements.
• The application process involves submitting an electronic application and uploading required documents, including a federal SBIR/STTR award acceptance letter, federal award agreement, and SBIR/STTR proposal.
• The Department will evaluate applications on a first-come, first-serve basis, and awards will be made until funding for the program is exhausted.
You found this one. Bid Banana has 1.6M+ bids and awards.
You found this bid by looking. Bid Banana searches open government bids across all 50 states, updated daily, so you stop hunting: save a search once and we email you your new matches, daily or weekly.