Section 545.130  Eligible Applicants

Section 2001 of the Act specifies entities eligible to apply for funding under the Technology Challenge Grant Program.  Eligible applicants include:

a)         Institutions – Eligible institutions include universities, colleges, community colleges, nonprofit research foundations or laboratories, State research institutions, and industry technology associations.

b)         Technology Partnerships – Technology Partnerships include any partnership or consortium established by a formal project agreement between:

1)         two or more private industries, or

2)         any combination of one or more private industries with one or more universities, colleges, community colleges, nonprofit research laboratories, nonprofit research foundations, or State research institutions.

c)         Private Enterprise – This category includes any private sector enterprise developing or commercializing technology or leveraging federal technology development financing, including but not limited to the small business innovation research program. [20 ILCS 700/2001]