Investing in the Future of Illinois Manufacturers
In a highly competitive market that is fueled by technology advancements, small and mid-sized manufacturers need to act now to remain relevant. The Illinois Manufacturing Innovation Voucher presents a bold opportunity for manufacturers to incorporate technology in their processes or products to sustain their competitive advantages. Using acquired knowledge from industry experts, Voucher projects can help resolve minor technological issues or outline possible solutions for a more complex problem, resulting in innovation and market growth.
The Illinois Manufacturing Innovation Voucher will award up to $25,000 in match funding to:
- Accelerate Technology Adaption
- Identify and Implement Productivity Improvements
- Overcome Organizational Growth Barriers
Voucher projects must be conducted in Illinois is for existing Illinois manufacturers with between 5 and 500 employees. Projects are expected to be practical in nature and focus on productivity improvements and/or product development that lead to innovation and measurable gains.