The
Illinois Department of Commerce and Economic
Opportunity's Homeland Security Market Development
Bureau is pleased to announce the availability of the
Innovative Product Grant (IPG) funds for State Fiscal
Year 2006.
Applications are accepted throughout the year, but are
considered on a first-come, first serve basis (state
program cycle runs July 1 - June 30.) Awards made in
response to this application will be contingent upon the
availability of State General Revenue Funds appropriated
and released for the purposes authorized by this
program. The Director of DCEO shall determine the level
of the grant award.
Objective
The objective of the grant program is to generate
employment growth in Illinois by accelerating
production, improvement and commercialization of
products or services with an application in homeland
security that are either ready-for-market or in the
later stages of development. Applicants should include
any party, partnership or joint venture that has a
product or service with an application in homeland
security and a dual use in another commercial sector
that they would like to develop, produce, commercialize
or deliver from a location in Illinois.
Target Applicants
IPG applicants should include any party, partnership or
joint venture that has a product or service that they
would like to develop, produce, commercialize or deliver
from within Illinois that has particular application in
homeland security and a dual use in another commercial
sector.
Proof of Concept
IPG funds are not intended for long-term research
projects or to prove the validity of a technology or
service. They are intended to accelerate product
development or advance a product to commercial
production. Eligible firms/ partnerships should be in
the later stages of development. This later stage is
defined as any stage from prototype development/ testing
up to established and steady market sales.
Questions in regard to eligibility or definitions
should be submitted in writing to:
Michael Brody
Assistant Deputy Director, Homeland Security Market
Development Bureau
100 W. Randolph Ste. 3-400
Chicago, IL 60601
312.814.8764
MBrody@ildceo.net
The above narrative is intended to provide an
overview of the IPG application for reference purposes
only. Definitions, standards and requirements are set
forth in the IPG application. Receipt of an application
does not commit DCEO to award a grant or to pay any
costs incurred in the preparation of an application.
DCEO reserves the right to determine if an application
is eligible for funding, to negotiate the terms of the
grant contract with all qualified parties, or to propose
alternate incentive packages/programs. DCEO also
reserves the right to request additional information
relevant to evaluation of the grant application.
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