Illinois

SEP Funds Supported Cleantech Startup Companies

$1,200,000
In SEP funds leveraged
 

$1,500,000
In non-state funds leveraged
$2,700,000
In investment dollars distributed


 

9
Start-ups funded

 

In Illinois, the State Energy Office collaborated with the Clean Energy Trust (CET) to launch the Illinois Clean Energy Innovation Fund (Fund) to support innovative entrepreneurship and to foster Illinois cleantech sector jobs growth. As an Illinois non-profit, CET works closely with the Office of Energy to evolve and align the Fund with the clean energy economy in Illinois and the Midwest by making direct investments in high-potential, early-stage, Illinois-based cleantech companies. The Office of Energy began administering the Fund in FY2018 in partnership with CET and will continue to provide critical grant funding to Illinois entrepreneurs through a revolving investment structure.

Contanct Information for the Illinois Energy Office