

The Central Illinois Innovation Exchange
Illinois is full of bold ideas, and Central Illinois is a powerful part of that momentum.
The Central Illinois Innovation Exchange brings together university researchers, founders, and regional ecosystem partners for an interactive session designed to spark meaningful R&D collaboration and accelerate commercialization.
Hosted on the Illinois State University campus, this session creates space for practical learning and intentional connection. Attendees will hear directly from university leaders and innovation partners, explore available research capabilities, and gain clarity on how to structure partnerships that move technology from concept to market.
Along the way, participants will learn how the Illinois Innovation Voucher Program can support industry–university collaborations with up to $75,000 in R&D funding.
Who Should Attend & Why
🎓 University Researchers & Innovation Leaders
Showcase your faculty expertise, applied research strengths, and industry engagement capabilities. Learn how voucher funding can expand external partnerships, support commercialization pathways, and strengthen your institution’s role in regional economic growth.
💼 Small & Medium-Sized Businesses
Connect with Central Illinois universities that can help solve technical challenges, validate technologies, and advance product development. Gain clarity on eligibility, funding structure, and what makes a strong application. Discover how vouchers can cover up to 75% of project costs, making high-impact R&D partnerships more accessible.
What You’ll Walk Away With
• A clear understanding of how to structure effective industry–university R&D collaborations
• Insight into Illinois Innovation Voucher eligibility, timelines, and funding structure
• An overview of additional Illinois DCEO programs, including SBIR and STTR matching grants, Illinois INVENT, and the EDGE Tax Credit
• Practical guidance on how to strategically stack state programs to strengthen your company’s growth plan
• Direct connections to researchers and regional ecosystem partners
The Central Illinois Innovation Exchange
Hosted by the Illinois Science & Technology Coalition
In collaboration with Illinois State University (ISU) and Bloomington-Normal Economic Development Council (BNEDC)
👉 Learn more about the program: https://ilinnovoucher.istcoalition.org/