Illinois Partners
- Company typePrivate
- Founded2000
- HeadquartersNaperville, United States
- Headcount—
- GTM typeB2B
- OfferingServices
Illinois Partners firmographics
Firmographics- Name
- Illinois Partners
- Legal name
- Illinois Partners, LLC
- Website
- https://illinoispartners.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Ownership category
- akta.pro rank
Illinois Partners industry classification
Industry- Product category
- Technology Commercialization Consulting
- NAICS
- Management Consulting Services (54161), Other Management Consulting Services (541618)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)
- akta.pro secondary industries
- Technology Transfer & Innovation-Driven Research Universities (High Commercialization) (EDAHABAH), Corporate & Foundation Relations (Sponsorships, Grants, Partnerships) (EDALAOAE)
Keywords
Where Illinois Partners is headquartered
LocationHeadquarters
- HQ city
- Naperville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Illinois Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Advisory and Consulting Services: Revenue generated through consulting engagements, pitch coaching, and interim management services for early-stage technology ventures. Also generates revenue through workshops and speaking engagements at universities.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Illinois Partners product offering
Product offeringCore offering
Illinois Partners is a boutique technology commercialization advisory firm that helps researchers, entrepreneurs, and inventors commercialize promising hard-science technologies emerging from academic research labs and federal laboratories. Core offerings include evaluating technology feasibility and market potential, sourcing capital, providing interim management for early-stage ventures, pitch coaching, SBIR/STTR grant assistance, and entrepreneurship workshops. The firm engages clients almost always at the earliest stages, often before a business plan is written.
Product overview
Illinois Partners operates as a technology commercialization advisory firm offering a suite of consulting services to help entrepreneurs build companies around technologies from academic research and federal laboratories. The core offerings include Technology Commercialization Services, Capital Sourcing, Pitch Coaching, and Interim Management. Additional services include SBIR/STTR Grant Assistance for securing federal funding and Entrepreneurship Workshops for training. The firm specializes in helping researchers and inventors commercialize hard science technologies, typically those emerging from engineering or medical schools, and serves clients ranging from seed-stage startups to established businesses.
Differentiator
Problem solved
Functional benefit
Products and services
- Technology Commercialization Services
- Capital Sourcing Services
- Pitch Coaching
Companies that use Illinois Partners
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Illinois Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Illinois Partners partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights4 records
Illinois Partners competitors and assessment
Company assessmentDirect peers
- BBC Entrepreneurial Training Center (BBCetc): A consulting firm specifically focused on helping technology entrepreneurs secure SBIR/STTR federal funding and commercialize research — directly comparable to Illinois Partners' SBIR/STTR grant advisory practice and early-stage commercialization focus.
- Innovation Works (Pittsburgh): A seed-stage investor and advisory organization supporting university- and research-spinout startups out of Carnegie Mellon and Pittsburgh's research ecosystem — comparable as an early-stage tech-transfer commercialization advisor and capital provider.
- FedTech: Operates a structured program that pairs entrepreneurs with patented inventions from federal laboratories to build startups — directly parallel to Illinois Partners' work sourcing capital and management for federal-lab-sourced technologies.
- Larta Institute: A technology commercialization consultancy that runs programs (e.g., NIH CAP, NSF I-Corps cohorts) helping researchers and startups commercialize federally funded research — overlapping directly with Illinois Partners' academic/federal-lab commercialization niche.
Regional players
- Gener8tor: A Midwest-based accelerator and venture platform running cohort programs and gBETA pre-accelerators across the upper Midwest — comparable as a regional peer working with early-stage startups in the same geographic footprint Illinois Partners serves.
- 1871 (Chicago): A Chicago-based technology incubator/hub supporting early-stage startups — a regional peer operating in Illinois/Midwest entrepreneurship infrastructure, adjacent to Illinois Partners' local university and startup ecosystem work.
Broad incumbents
- RTI International (Innovation Advisors): A large nonprofit research institute whose innovation-advisory practice conducts technology commercialization, SBIR support, and technology transfer for federal agencies — a broad incumbent offering overlapping capabilities to Illinois Partners at greater scale.
- Battelle: A large R&D and technology commercialization organization managing federal labs and offering tech-transfer advisory services — comparable as an incumbent serving the academic and federal-lab spinout space Illinois Partners targets.
- Techstars: A global startup accelerator and venture firm offering mentorship-driven programs and early-stage advisory — comparable as a broader incumbent in early-stage startup formation, though not focused on the academic/federal-lab spinout niche.
Others
- Wisconsin Alumni Research Foundation (WARF): A university-affiliated tech-transfer and commercialization organization for the University of Wisconsin — adjacent to Illinois Partners' niche in that WARF performs similar commercialization services in-house, illustrating the institutional capability Illinois Partners both partners with and competes against.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Illinois Partners social profiles
Digital presenceIllinois Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Illinois Partners leadership team
Management profileNumber of profiles
Profiles1 record
Illinois Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Illinois Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Illinois Partners
What does Illinois Partners do?
Illinois Partners is a boutique technology commercialization advisory firm that helps researchers, entrepreneurs, and inventors commercialize promising hard-science technologies emerging from academic research labs and federal laboratories. Core offerings include evaluating technology feasibility and market potential, sourcing capital, providing interim management for early-stage ventures, pitch coaching, SBIR/STTR grant assistance, and entrepreneurship workshops. The firm engages clients almost always at the earliest stages, often before a business plan is written.
Is Illinois Partners a public or private company?
Illinois Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Illinois Partners founded?
Illinois Partners was founded in 2000.
Where is Illinois Partners based?
Illinois Partners is headquartered in Naperville, United States, in the North America region.
How does Illinois Partners make money?
One revenue line is on record: advisory and Consulting Services.
Who are Illinois Partners's main competitors?
Direct peers on record are BBC Entrepreneurial Training Center (BBCetc), Innovation Works (Pittsburgh), FedTech and Larta Institute. Regional players are Gener8tor and 1871 (Chicago). Broad incumbents are RTI International (Innovation Advisors), Battelle and Techstars. Wisconsin Alumni Research Foundation (WARF) is listed as an others.
Does Illinois Partners have an API?
No public API is recorded for Illinois Partners.
What industry is Illinois Partners in?
Illinois Partners's product category is Technology Commercialization Consulting. Its primary akta.pro industry code is BPAHADAI, Strategic Partnerships, Alliances & JVs Advisory, with a secondary code of EDAHABAH, Technology Transfer & Innovation-Driven Research Universities (High Commercialization). Its NAICS code is 54161 and its SIC code is 8742.