The Research Park at the University of Illinois is a leading innovation hub for technology commercialization with a unique environment that cultivates startups and increases capabilities for established companies. The mixed-use composition promotes creative collisions and interdisciplinary collaborations, strengthening the bridge between campus and community.
Located on campus, Research Park has more than 120 companies and growing, employing over 2,100 people in high-technology careers. At any given time more than 800 student interns are gaining valuable experiential learning and work experience while making real contributions to internal corporate R&D and product development programs.
Research Park Companies
Multinational and publicly traded corporations in the Research Park include ADM, Abbott Laboratories, AbbVie, AGCO, Ameren, Bayer, BP, Brunswick, Cargill, Capital One, Caterpillar, CME Group, Corteva AgriSciences, Deere & Company, Graybar, Littelfuse, NVIDIA, Forcepoint (a subsidiary of Raytheon) P&G, Riverbed, State Farm, Synchrony, and Verizon Media Group/Yahoo.
The Research Park also has over 50 startup companies that are commercializing technology. EnterpriseWorks, the Park’s 43,000-square-foot business incubator for early-stage tech firms, is operated by the University of Illinois to help launch successful scientific and research-based startup companies. Watch a virtual tour of the EnterpriseWorks Incubator.
As home to the University of Illinois at Urbana-Champaign (UIUC), and technology leaders and start-ups alike, the place and time for developing disruptive technology is in Champaign, Illinois:
- Superb education, quality health care, and affordable housing
- World-class arts and entertainment, and vast sporting and recreational opportunities
- Affordable living
- Easy commuting
- For a look at why Champaign-Urbana is one of the fastest-growing cities in Illinois, visit YoureWelcomeCU.com.
In 2018, the Research Park updated its master plan, showcasing priorities for Research Park’s continued development into the future. The plan was adopted by the Board of Trustees on Sept. 27, 2018. Download the plan here.
In 2020, the Research Park updated its strategic plan. The plan was approved by the board of managers October 5, 2020. Download the plan here.