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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Equity

Illinois Innovation Venture Fund (INVENT)

Status

Status not published

This funder does not publish a call calendar. Check their page before planning around it.

Open now
Amount
$6,000,000

Equity investment of USD 10,000 to USD 6,000,000, only in rounds up to USD 20 million; NOT a grant.

Funder

Illinois Department of Commerce and Economic Opportunity (DCEO)

public · regional

Deadline: Open all year

Your odds
Not published

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.

Effort
quick

Quick — mostly identity and bank details.

Who can apply

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

  1. Identify a participating INVENT fund manager or the DCEO venture team
  2. Submit the company's investment materials
  3. Complete diligence and close alongside private capital

Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)

Apply on the funder's site

Source. https://dceo.illinois.gov/illinoisinvent.html

Last checked against the official page on 5 October 2026

Source: dceo.illinois.gov

Report an error Something wrong or out of date? Tell us.

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Paid, separate from Unclaimed

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