EARLY & PRE-REVENUE STAGE
Innovation Voucher Program
Helping you leverage research services provided by Indiana higher-ed institutions and authorized nonprofit research providers.
Key information & criteria
INVESTMENT LEVEL:
Up to $50K
BENEFITS:
Services of Indiana research institutions
Access to additional funding and resources
Access to additional Elevate resources
QUALIFICATIONS:
Companies based in Indiana
150 or fewer employees
High-growth potential
Working with eligible organization
Targeting research and development, technology exploration, technical development, product development, and commercialization intended to foster innovation in the business setting.
INNOVATION VOUCHER PROGRAM FAQs
APPLY NOW
The Innovation Voucher Program accepts applications a few times a year. Applicants will be notified of the final decision within 6-8 weeks of the application deadline.
Application deadlines for 2023: January 20, May 19 & September 22
On the application form, select “Innovation Voucher” from the dropdown menu to begin your application.
What to expect after applying
Proposals are evaluated 2-3 times per year

Committee Review

Proposals Selected

Project Reporting
Apply for the Innovation Voucher Program
On the application form, select “Innovation Voucher” from the dropdown menu to begin your application.
The upcoming application deadline is September 16, 2022
APPLY NOW