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Illinois Governor's Jobs Plan includes Angel Tax Credits, R&D Matching Funds

Wednesday, January 6, 2010

Providing access to startup capital, promoting biotechnology, and investing in the green economy to create and grow jobs are among the priorities of Gov. Pat Quinn's Illinois Economic Recovery Plan presented during a speech in December. The governor's plan would establish an Angel Investment Tax Credit program to allow investors making an early-stage investment in a technology startup to receive a capped credit against their Illinois tax bill.

  • Read more about Illinois Governor's Jobs Plan includes Angel Tax Credits, R&D Matching Funds

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Recent news from the SSTI Digest

OSTP plan calls for overhauling US approach to R&D, innovation

Wednesday, July 22, 2026

The White House report from  Office of Science and Technology Policy (OSTP) Director Michael Kratsios, Science: A New Golden Age, first announced in a July 22 Wall Street Journal article, iterates federal R&D policies and practices for FY 2028, outlines an almost industrial policy approach to federal investment, and provides a plan to move federal research programs toward a focus on individual scientists rather than university-based programs. It calls for more flexible, multidisciplinary, and multi-organizational, team-oriented research projects rather than centers housed within the nation’s research institutions.

r&d
innovation

$5+ billion in AI funding announced at Genesis Mission summit

Wednesday, July 22, 2026

The White House report from  Office of Science and Technology Policy (OSTP) Director Michael Kratsios, Science: A New Golden Age, first announced in a July 22 Wall Street Journal article, iterates federal R&D policies and practices for FY 2028, outlines an almost industrial policy approach to federal investment, and provides a plan to move federal research programs toward a focus on individual scientists rather than university-based programs. It calls for more flexible, multidisciplinary, and multi-organizational, team-oriented research projects rather than centers housed within the nation’s research institutions.

AI

State budget wrap-up: Notable TBED and innovation funding in FY 2027

Wednesday, July 22, 2026
As revenues continue to tighten, many states entered fiscal year 2027 (FY 2027)—which began July 1 for most—with cautious or constrained spending priorities. With the exception of South Carolina, all states have now enacted their FY 2027 budgets. Most adopted maintenance‑level or reduced spending plans that limited new recurring expenditures, reduced one‑time appropriations, and reprioritized core services such as Medicaid and education.
state budgets
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