Article 1 – Short Title, Purpose, Definitions And General Powers
(20 ILCS 700/Art. 1 heading) ARTICLE 1 SHORT TITLE, PURPOSE, DEFINITIONS AND GENERAL POWERS (20 ILCS 700/1001) (from Ch. 127, par. 3701-1) Sec. 1001. Short title. This Act shall be known and may be cited as the Technology Advancement and Development Act. (Source: P.A. 86-870.) (20 ILCS 700/1002) (from Ch. 127, par. 3701-2) […]
Article 2 – Technology Challenge Grant Program
(20 ILCS 700/Art. 2 heading) ARTICLE 2 TECHNOLOGY CHALLENGE GRANT PROGRAM (20 ILCS 700/2001) (from Ch. 127, par. 3702-1) Sec. 2001. Technology Challenge Grant Program. (a) The Department may, subject to appropriated funds, establish a Technology Challenge Grant Program to provide initial grant funding requirements to help secure federal research and development projects for […]
Article 3 – Illinois Technology Enterprise Development And Investment Program
(20 ILCS 700/Art. 3 heading) ARTICLE 3. ILLINOIS TECHNOLOGY ENTERPRISE DEVELOPMENT AND INVESTMENT PROGRAM (20 ILCS 700/3001) (from Ch. 127, par. 3703-1) Sec. 3001. Illinois Technology Enterprise Development and Investment Program. The Department shall, subject to appropriated funds, establish an Advanced Technology Enterprise Development Program to: (i) provide investments, loans, or qualified security investments […]
Article 3.5 – Business Modernization Initiative
(20 ILCS 700/Art. 3.5 heading) ARTICLE 3.5. BUSINESS MODERNIZATION INITIATIVE (20 ILCS 700/3501) Sec. 3501. Business Modernization Initiative. The Department may create one or more programs under this Article to assist the State’s existing mature business and industry base to adopt and use appropriate technologies. The programs may vary in breadth of activities, services, […]
Article 4 – General Provisions
(20 ILCS 700/Art. 4 heading) ARTICLE 4 GENERAL PROVISIONS (20 ILCS 700/4001) (from Ch. 127, par. 3704-1) Sec. 4001. Third party award challenge. Applicants denied funds by the Department in accordance with the provisions of this Act shall not be construed to be conveyed with the right to challenge the awarding of funds by […]