The SBIR/STTR Match Program from Illinois DCEO provides state matching funds to help small businesses commercialize technologies developed through federal SBIR or STTR awards.
Funder: Illinois Department of Commerce and Economic Opportunity
Due Dates: June 30, 2027
Funding Amounts: Up to $250,000 per award; total program funding $6,500,000; estimated 55 awards
Summary: Matching funds for Illinois small businesses that have received federal SBIR or STTR awards to accelerate technology commercialization.
Key Information: Applicants must be pre-qualified; no cost sharing or indirect costs allowed.
The SBIR/STTR Match Program, managed by the Illinois Department of Commerce and Economic Opportunity (DCEO), provides matching state funds to Illinois-based small businesses that have received federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) awards. The program is designed to help these businesses leverage additional resources, accelerate the commercialization of innovative technologies, and drive economic growth in Illinois. Funding can support critical development phases and commercialization activities for a wide range of technology areas.