Recent News

19Jul2016
CATEGORY: Enterpriseworks

CHAMPAIGN – A recent survey conducted at the Research Park puts the employment total to 1,711. 594 of those employees are student interns, of which 57% are undergraduates and 43% are graduate students.

18Jul2016
CATEGORY: Enterpriseworks

CHAMPAIGN – Crain’s Chicago Business, one of Chicago’s leading business journals, recently announced their sixth iteration of their Tech 50 list. Their annual lists (and the full 230-person archive) are meant to highlight standouts in Chicago’s ever expanding tech scene. Adam Tilton is one of them.

15Jul2016
CATEGORY: Enterpriseworks

CHAMPAIGN – The Big Ten Network highlighted the work and progress made by Amber Ag, a participant in the I-Venture Accelerator Program. Amber Ag was the 2016 Cozad Grand Prize winner and brought home over $30,000 in award funds.

The Big Ten write-up focused on their product, how it came to be, and where the company is going next. Their product, a moisture sensor for grain silos, is intended to save farmers tens of thousands of dollars each season.

15Jul2016
CATEGORY: Enterpriseworks

CHAMPAIGN – Fox News (WCCU) took some time this past week to sit down with students participating in the I-Venture Accelerator Program. The program, launched in the Summer of 2015, is designed to support teams of students through the process of starting their own company based on a product or idea they have had. The program provides stipends, funding, expert support, and working space. Space in Research Park is available for use for iVenture recipients.

11Jul2016

CHAMPAIGN – In his weekly column, Paul Wood of the News Gazette highlighted Stephen Cheng of ExoWear. The Wired In column is meant to spotlight a local high tech leader – often a startup from Research Park.

11Jul2016

CHAMPAIGN – The Champaign City Council has agreed to give preliminary approval to at an additional $500,000 to an incentive agreement now up to $3.5 million. The incentives to Research Park are in the form of tax breaks over a 15 year period.

06Jul2016
CATEGORY: Enterpriseworks

CHAMPAIGN – Veriflow Systems, an EnterpriseWorks tenant, has announced that they have raised $8.2 million in Series A funding. The fundraising effort was led by Menlo Ventures, and follows the nearly $3 million effort in April.

Veriflow Systems develops an online network security software. They use verification technology to help protect networks against hackers and outages. Veriflow plans on using the funds to hire more engineers, work on its sales force, and boost their marketing across the industry.

05Jul2016
TENANT: Intelliwheels | CATEGORY: Enterpriseworks

CHAMPAIGN – On Sunday, July 3, Josh George was named as one of the Paralympians to represent Team USA in Rio de Janeiro, Brazil. 

01Jul2016

CHAMPAIGN – WCIA’s The Morning Show on June 30 called Tweetsense the ‘app that “knows” what social media users think.’ In a four minute segment, the two Illinois undergraduate students explain what the app is, what it does, and the innovation it brings to the table.

30Jun2016
TENANT: AbbVie | CATEGORY: Enterpriseworks

CHAMPAIGN – Last week more than 5,500 AbbVie employees in over 50 countries participated in their company’s “Week of Possibilities.” AbbVie’s third annual global service event is meant to provide a positive impact on underrepresented communities through local grassroots projects. The AbbVie Innovation Center here at Research Park volunteered at the Champaign I.D.E.A. Store. The site Director, Masha Trenhaile, said of the project “AbbVie Innovation Center helped spruce up the I.D.E.A.

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