Illinois Innovation Venture Fund (INVENT)
Status not published
This funder does not publish a call calendar. Check their page before planning around it.
A state venture fund capitalised under SSBCI that invests in early-stage Illinois technology companies through selected fund managers and direct co-investments. Cheque sizes are set per deal and per manager.
Illinois Department of Commerce and Economic Opportunity (DCEO)
public · regional
Deadline: Open all year
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- small enterprises
- Sectors: deeptech, health, ai, fintech, climate
- Stage: pre-seed, seed and Series A
- Locally registered entity required
Company must be based in Illinois or commit to substantial Illinois operations. SSBCI rules require targeting of very small businesses and businesses owned by socially and economically disadvantaged individuals.
How to apply
- Identify a participating INVENT fund manager or the DCEO venture team
- Submit the company's investment materials
- Complete diligence and close alongside private capital
Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)
Source. https://dceo.illinois.gov/ · not human-checked
Verified on 14 August 2026
Source: funder's homepage — the programme page was not found
Similar programmes
MassVentures TechSeed and Vision Fund Investments
Open continuouslyMassVentures (Massachusetts Technology Development Corporation)
New York State Innovation Venture Capital Fund
Open continuouslyEmpire State Development (New York Ventures)
New York Ventures Pre-Seed and Seed Matching Fund
Status not publishedEmpire State Development, New York Ventures
State Small Business Credit Initiative
Open continuouslyU.S. Department of the Treasury (funds administered by states, territories, DC and Tribal governments)
Virginia Founders Fund
Open continuouslyVirginia Innovation Partnership Corporation (VIPC)
Innovate NY Fund
Closed for nowEmpire State Development
Free
Get deadline alerts for United States programmes
One email when a programme in your country closes in 2 weeks or 3 days, or newly opens. No spam, one click to stop. Covers every programme in the country you pick. Free covers one country; a paid plan can watch as many as you like.
Paid, separate from Unclaimed
Want a human to review your application?
Involve Consulting can help — a paid expert-review service run by the same person behind Unclaimed, entirely separate from this free check. A flat fee, agreed up front; never a cut of what you receive.
Talk to Involve Consulting