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Thursday, May 2, 2024

Pritzker on new innovation program: 'We are launching a first of its kind effort to bring federal dollars to Illinois'

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Illinois Gov. J.B. Pritzker | facebook.com/GovPritzker

Illinois Gov. J.B. Pritzker | facebook.com/GovPritzker

Illinois Gov. J.B. Pritzker is partnering with P33 - the Civic Committee, the University of Illinois Urbana-Champaign, the University of Chicago and Northwestern University to launch a program called Innovate Illinois.

“With the formation of Innovate Illinois, we are launching a first-of-its-kind effort to bring federal dollars to Illinois and strengthen the state’s long-term economic vitality for generations to come,” Pritzker said. “We are uniquely positioned to leverage our innovation hubs, public and private universities, and national laboratories to provide 21st-century opportunities for our state’s workers, scientists, and businesses."

Innovate Illinois is a diverse collection of business leaders, higher education institutions, and elected officials that have come together to secure state funding through the CHIPS (Creating Helpful Incentives to Produce Semiconductors) and Science Act, the Inflation Reduction Act, and the Infrastructure Investment and Jobs Act, WREX reported.

The partnership is being touted as ensuring that state efforts for funding will be coordinated with state government, private sector, and leading research institutions to take advantage of opportunities.

Illinois' two U.S. Senators, Dick Durbin, and Tammy Duckworth joined Pritzker in making the announcement.

 “I’m pleased to help put Illinois in the best position possible to bring home the federal dollars that Senator Durbin and I helped passed into law, Duckworth said. “Illinois is already at the forefront of innovation in technology, biopharmaceuticals, advanced manufacturing, clean energy, and more, and we have projects throughout the state ready for investment. This effort will ensure we have the resources needed to equitably catalyze economic development for years to come.” 

Jennifer F. Scanlon, President and CEO of UL Solutions Inc., board member of P33 and Chair of the Civic Committee of the Commercial Club of Chicago, added, “Given the enormous capability and innovative nature of the companies and institutions within our state, this powerful coalition positions us to compete aggressively for federal and private resources that will help us make critical technology advances and inclusively grow our economy,” WREX reported.

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