State of Illinois launches 2009 Innovate Illinois competition
Efforts continue to spur innovation in Illinois
Innovate Illinois is a statewide entrepreneurial and innovation competition recognizing high-growth entrepreneurs. Businesses compete on the merits of their innovations to be named the most innovative company in the state by the Illinois Department of Commerce and Economic Opportunity (DCEO). Out of the hundreds of companies that apply, four will win a total of $80,000 in cash prizes.
Companies that advance to the statewide semifinals will benefit from networking with other innovators, exposure to potential investors, and statewide media coverage. To advance, companies must win a regional competition at one of Illinois’ 16 Entrepreneurship Centers.
2009 marks the fifth year of the Innovate Illinois competition. Since its inception, 29 companies have won the competition and collected over $450,000 in cash and prizes used to further their job-creating innovations in the State of Illinois.
Last year over 130 companies applied. Please open the link to learn more about this year’s competition.