CSIM
Incentive Program

Illinois Innovation Voucher Program

StateUp to $75,000; up to 75% of eligible research costs
What it is

Research-engagement funding connecting Illinois businesses with qualified Illinois nonprofit higher-education institutions. Covers up to 75% of eligible research costs, capped at $75,000; general website or mobile-app development is excluded.

Start with an address

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Explore location-based incentives alongside Illinois Innovation Voucher Program. This program requires a separate review of its business or project requirements.

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Who it's for

Published criteria — confirm with Illinois Department of Commerce and Economic Opportunity

  • Qualifying business and Illinois higher-education partner
  • Eligible research scope and remaining project funding
Where it applies

Illinois Innovation Voucher Program is administered at the state level. Depending on the program, eligibility may depend on the specific location, property type, or business activity rather than a single drawn boundary.

Boundaries are precise and change over time, so whether a specific address falls inside a mapped zone always depends on that exact address. The fastest way to check is to run a free snapshot for the parcel you have in mind — mapped coverage is a location signal, not an eligibility determination.

What it can support

Range on file · Up to $75,000; up to 75% of eligible research costs

Current published terms as of 2026-10-09

  • +Up to $75,000; up to 75% of eligible research costs
How to apply
  1. 1Review current intake and research requirements with the program administrator.
  2. 2Identify a qualified Illinois higher-education partner and define the research engagement.
Fastest first move

Review current intake and research requirements with the program administrator.

What you'll need
  • Research scope and budget
  • Higher-education partnership details
What to verify

This page is a starting point, not eligibility, legal, or tax advice. Verify current requirements, deadlines, and boundaries with the administering agency before applying or spending money — program rules and funding change over time.

Official source & contacts
Official program source ↗
Illinois Department of Commerce and Economic Opportunity (DCEO)

Last verified 2026-10-09

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