IL Treasurer & EnterpriseWorks Launch Illinois Growth and Innovation Fund

Illinois Treasurer Mike Frerichs has launched the $222 million fund of funds program to provide capital to technology businesses that seek to locate or expand in Illinois. The new Illinois Growth and Innovation Fund website was officially unveiled at a town hall meeting to further share information and provide a way for entrepreneurs to pitch ideas to a wider audience searching for investment potential.

The town hall meeting was attended by investment fund managers, tech incubator leaders, and entrepreneurs at the offices of the program administrator, 50 South Capital Advisors. EnterpriseWorks is one of the Fund’s initial entrepreneurship partners.