Who Is Funding the Science That's Too Early for Venture Capital?
April 22, 2026
Illinois Institute of Technology
#151 in Universities
151Institution Overview
Overall
Ranking
151
110
Rank in
Research Capabilities
163
Rank in
Entrepreneurial Readiness
190
Rank in
Market Translation
Chicago, IL
Illinois Institute of Technology ranks 151st among universities in the Cure Innovation Index, based in Chicago, Illinois. Research capabilities place the university in the upper half of the field, while market translation and entrepreneurial readiness rank toward the lower end. Illinois Tech operates an incubator and an entrepreneur-in-residence program as part of its research enterprise. Its profile leans toward the discovery side of biomedical research, consistent with an institutional identity built around applied science, engineering, and technology in one of the U.S.'s major metropolitan research centers.
Ranking Metrics
Research Capabilities
Illinois Institute of Technology ranked below average for Research Capabilities, a measure of the foundational infrastructure and resources that enable an institution to conduct high-quality, innovative science. Out of the factors in this category, Illinois Institute of Technology fared best in Facilities/Equipment.
Learn MoreEntrepreneurial Readiness
Illinois Institute of Technology ranked below average for Entrepreneurial Readiness, a measure of whether the institution has built a supportive ecosystem for entrepreneurship and whether faculty are engaged in and incentivized toward commercial activity. Out of the factors in this category, Illinois Institute of Technology fared best in Faculty Engagement.
Learn MoreMarket Translation
Illinois Institute of Technology ranked below average for Market Translation, a measure of how effectively a research institution moves scientific discovery out of the lab and into real-world clinical and commercial applications. Out of the factors in this category, Illinois Institute of Technology fared best in Health Impact.
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Cure Innovation Index Methodology
From a pool of more than 6,000 institutions, the top 303 were ranked using two dozen indicators — from scientific foundation and lab infrastructure to patents, products, and partnerships — drawn from more than a dozen federal and commercial databases, an original audit of all institutions, and surveys of more than 3,300+ scientists, industry leaders, and biomedical experts.
Insights From the Cure Innovation Index
Explore by Category
Innovation isn't a single moment — it's an entire ecosystem. The Index evaluates institutions across two dozen indicators, grouped in three core domains that reveal the full picture of what it takes to turn groundbreaking science into real-world impact.
