110 ILCS 205/9.26: Matching Grants.

To establish and administer a program or programs of matching grants for use by Illinois higher education institutions as incentives in the competition for federal research grants and contracts. Matching grants will be made to stimulate increased federal and corporate research funds and to improve the research capabilities of Illinois institutions of higher education.

The Board shall adopt such rules and regulations as may be necessary to accomplish the purposes of this Section.