DEERFIELD — State Senator Julie Morrison announced that two $75,000 grants were awarded to innovative 29th District small businesses partnering with Northwestern University and Rosalind Franklin University.
“Our small businesses are the backbone of our community – ensuring opportunities and bolstering our economy,” said Morrison (D-Lake Forest). “By investing into future innovations created by local small businesses, we are uplifting economic development in our area.”
The Illinois Innovation Voucher Program connects small businesses with the state’s world-class universities and research institutions. Through competitive awards of up to $75,000, the program enables companies to pursue research and development projects in partnership with a qualified Illinois institute of higher education to support technology validation, accelerate product development and strengthen commercialization pathways.
In the 29th Senate District that Morrison represents, two businesses were selected to receive a combined total of $150,000 through Innovation Voucher Program grants:
- Coral Innovations – Glenview
- UP Oncolytics – North Chicago
To learn more about the Innovation Voucher Program, click here.
