Illinois HB 3109: DCEO-SBIR/STTR GRANTS

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 Full Text of HB3109

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 HB3109 - 104th General Assembly 

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HB3109 EngrossedLRB104 11458 HLH 21546 b

1 AN ACT concerning State government.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Department of Commerce and Economic 

5Opportunity Law of the Civil Administrative Code of Illinois 

6is amended by changing Section 605-1055 as follows:

7 (20 ILCS 605/605-1055)

8 Sec. 605-1055. Illinois SBIR/STTR Matching Funds Program.

9 (a) There is established the Illinois Small Business 

10Innovation Research (SBIR) and Small Business Technology 

11Transfer (STTR) Matching Funds Program to be administered by 

12the Department. In order to foster job creation and economic 

13development in the State, the Department may make grants to 

14eligible businesses to match funds received by the business as 

15an SBIR or STTR Phase I award and to encourage businesses to 

16apply for Phase II awards. 

17 (b) In order to be eligible for a grant under this Section, 

18a business must satisfy all of the following conditions: 

19 (1) The business must be a for-profit, Illinois-based 

20 business. For the purposes of this Section, an 

21 Illinois-based business is one that has its principal 

22 place of business in this State; 

23 (2) The business must have received an SBIR/STTR Phase 

HB3109 Engrossed- 2 -LRB104 11458 HLH 21546 b

1 I award from a participating federal agency in response to 

2 a specific federal solicitation. To receive the full 

3 match, the business must also have submitted a final Phase 

4 I report, demonstrated that the sponsoring agency has 

5 interest in the Phase II proposal, and submitted a Phase 

6 II proposal to the agency. 

7 (3