Tech Incubator Enhancement Program
State of Illinois ▸ Illinois Department of Commerce and Economic Opportunity (DCEO)
Description
The Tech Incubator Enhancement Grant Program (TIEG) by the Illinois Department of Commerce and Economic Opportunity is designed to improve and create tech incubators in Illinois. It supports the state's 2024 Economic Growth Plan by encouraging innovation and collaboration in the tech startup scene. The program responds to changes brought by the COVID-19 pandemic, such as the shift to hybrid and remote work, by providing funds for updated equipment and infrastructure in incubators.
The Illinois Department of Commerce and Economic Opportunity (DCEO) has announced the Tech Incubator Enhancement Grant Program (TIEG), aimed at strengthening Illinois' tech network by modernizing existing incubators and supporting the development of new incubators. This initiative aligns with th…
Source
Funding Source
State of Illinois ▸ Illinois Department of Commerce and Economic Opportunity (DCEO)
Key Dates
Opportunity Posted
March 17, 2025
Eligibility
The following categories of applicants are invited to apply:
- Nonprofits
- Public and State controlled institutions of higher education
- Residents of Illinois
Awards & Funding
Total Funding
$7M
Award Ceiling
$3M
Award Floor
$10,000
Funding Amount
~$3
Total Awards Given
15
Links
Similar opportunities
- FY 2025 Regional Technology and Innovation Hub Program Notice of Funding Opportunity (NOFO)
- Economic Development Program (EDP)
- Commonwealth Commercialization Fund Funding Opportunities (Higher Education Funding Opportunities)
- Community Development Block Grant Economic Development Program
- Innovation Corps Teams (I-CorpsTM* Teams) Program