Illinois Administrative Code › Title 14 - COMMERCE › Part 545 - TECHNOLOGY ADVANCEMENT AND DEVELOPMENT ACT PROGRAMS › Subpart B - TECHNOLOGY CHALLENGE GRANT PROGRAM › Section 545.120 - Authorized Programs and Activities

Current through Register Vol. 48, No. 28, July 12, 2024
a) Grants may be awarded for the activities
				specified at Section 2002 of the Act, including:
1) Advanced Technology Projects - The
				Department may award initial grant funds for applied innovation research
				projects that respond to unique, advanced technology projects and which foster
				the development of Illinois' economy through the advancement of the State's
				economic, scientific, and technological assets.
2) Leveraged Technology Projects - The
				Department may award initial grant funds for applied innovation research
				projects to assist eligible applicants in the State to apply for, or qualify
				for and leverage, federal funds awarded for advanced technology projects
				concerning research and development, business innovation research or technical
				development, or transfer of useful technology to the private sector.
3) University-Industry Partnerships - The
				Department may grant funds for joint university and industry initiatives that
				create high-skill employment opportunities and internship activities that
				enable graduates and faculty to stay and work in Illinois. The Department may
				also grant funds for joint university and industry initiatives designed to
				strengthen the relationship between industry and academia, so that applied
				university research is responsive to the needs of Illinois'
				industries.
4) Technology
				Commercialization Centers - The Department may award grant funds to create and
				operate centers of excellence in technology commercialization, innovation
				evaluation, and intellectual property management that encourages the growth of
				new enterprises based on technologies developed at Illinois research centers,
				including technology partnerships, technology consortiums or research centers,
				and industry technology associations that are, or will be, established to
				perform research and development in present and emerging technologies that can
				be developed for use by commerce and industry.
5) Technology Transfer Projects - The
				Department may award grant funds for technology transfer projects involving
				promotion of new or innovative technologies among small and medium-sized
				Illinois manufacturers where the technologies have immediate commercial
				application.
6) Continuous
				Improvement Projects - The Department may award grant funds to provide for
				planning and operational support for statewide support that improves practices
				in technology commercialization, including needs assessment and evaluation of
				the status of technology implementation throughout the State. [20 ILCS 700/2002
				]
7) Capacity and Program
				Development Projects - The Department may award grant funds to qualified
				not-for-profit organizations or educational institutions in order to support
				service delivery improvement projects, in order to extend Department capacity
				in relation to implementation of homeland security market development programs,
				or for the operation of legislatively directed councils or coordinating
				bodies.
8) Product and Service
				Development Projects - The Department may award grant funds to individual
				companies or partnerships with operations in Illinois for products or
				professional services that address unique or emerging national needs in
				homeland security, safety or defense, or support the development of solutions
				to these needs.