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BIG DATA SUMMIT 2020

The eighth annual Big Data Summit brought together thought leaders from the University of Illinois Research Park, industry, and academia for a highly interactive event to address big questions surrounding big data. Just as new information technologies and the Internet itself fundamentally transformed business and industrial competitiveness over the past 25 years, big data is posed to bring the next wave of innovation, productivity, and growth. The coupling of big data and advanced analytics has the potential to raise efficiency and create value in almost all business sectors. Taking advantage of big data and advanced analytics enables companies to create new products and services, enhance existing ones, and invent entirely new business, models.

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Summer Intern Awards 2020

Each year, the Research Park celebrates the hard work and dedication of its interns during the Summer Intern Awards. On July 28, 2020, the Research Park community had the chance to pick up complimentary food from Jurassic Grill and Just Get It Grill before virtually joining the awards ceremony. These University of Illinois students honored as finalists and winners come from a variety of academic backgrounds, exemplifying the interdisciplinary work that occurs at the Park. This album commemorates the winners of Summer Intern Awards 2020. Learn more about the awards and these students in the press release or watch the whole ceremony on our YouTube channel.

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Work Flex 2020

The Research Park community continues to innovate and grow, whether people are working from home or from the office. Work Flex 2020 is an ongoing campaign that celebrates the work of outstanding individuals in the Park. Any community member of the Research Park can be highlighted, including current student interns, their supervisors, and Site Directors. We think it’s important to share what you do, big and small, because your impact always matters.

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Uncategorized

Aspiring Universe Wins 2020 OCP Innovation Challenge

EnterpriseWorks startup Aspiring Universe has won the 2020 OCP Innovation Challenge, taking home $25,000 in prize money. The event was designed to solicit solutions from early-stage AgTech companies developing innovative data-driven solutions that address farmers’ challenges and support them in improving agricultural practices. It was sponsored by OCP, a global plant-nutrition company headquartered in Morocco, in collaboration with the Larta Institute, a startup accelerator and commercialization hub based in Los Angeles. Aspiring Universe’s technology takes a modern approach to risk management integrating artificial intelligence, remote sensing, and financial risk models to create customized risk modeling assessments for farm-related businesses. It was founded by Kaiyu Guan, a Blue Waters Assistant Professor in ecohydrology and remote sensing in the Department of Natural Resources and Environmental Sciences at the University of Illinois at Urbana-Champaign. The company is a tenant at EnterpriseWorks, the technology incubator in the Research Park. Seven finalists from over 100 applicants worldwide were selected to participate in a custom-built mentoring program with industry experts in Larta’s network, along with mentors chosen by OCP. The program culminated with a Demo Day on June 17, and Aspiring Universe was announced as the winner on June 24. The following is from a news release compiled by The Larta Institute. Read the entire announcement here. Each finalist presented their pitch presentations in a virtual “Demo Day” on June 17, 2020, introducing innovative solutions using sensors, artificial intelligence, predictive analytics, Internet of Things (IoT and wearables) and more. Finalists were judged by a panel composed of venture investment executive, Craig Herron of iSelect Fund, Trey Hill, owner of Harborview Farms, and OCP executives. “I was impressed by the rigor and passion the 7 finalists demonstrated in their pitches,” commented Marouane Ameziane, EVP for Strategy and Corporate Development of the OCP Group. “OCP is deeply committed to supporting the global agtech innovation ecosystem, and this challenge is an extension of that. We see innovators as important partners to create and provide solutions that are farmer-centric, data-driven, and that positively contribute to sustainable food systems. Congratulations to Aspiring Universe for a well-deserved win.” Aspiring Universe was announced as the winner of the $25,000 grand prize at the conclusion of the Demo Day. Aspiring Universe is developing geospatial intelligence solutions for assessing farmland sustainability metrics and productivity/financial risk, for all farmland on the planet. Summarizing his pitch at the Demo Day, Aspiring Universe’s co-founder and president, Kaiyu Guan, spoke to the Company’s achievements in developing “a comprehensive suite of tools that uses remote sensing, process models and artificial intelligence to allow us to evaluate past, current and future crop land performance, including crop rotation and management history, yield, water use, soil moisture and carbon.” This “bottom-up method”, Guan continued, “can be aggregated across any global region 2 (and) we are providing critical insights to companies throughout the agriculture value chain.” The team is “looking forward to working with OCP to explore a potential partnership, and we are grateful to OCP and Larta for providing the opportunity to compete in the OCP Innovation Challenge,” he added. Larta CEO Rohit Shukla spoke about the time he met Kaiyu and his team before he applied to the OCP. “I was struck by his ability to use large satellite data sets to focus on the granular, field level,” Shukla says, and, he says, “being taken with his enthusiasm, his clarity, his vision for where they were headed, and his huge appetite to learn.” Added Shukla, “we are proud of his achievement, and he knows we will be engaged together for a long time to come.” The panel of judges enjoyed the presentation, technology and clarity in the message about the impact of the technology. Judges mentioned that Kaiyu was a great presenter, and found Aspiring Universe’s geospatial intelligence solutions for assessing farmland sustainability to be incredibly compelling. Many of the judges were eager to learn more about their growth and advances in the field. OCP Advisor Bob Morris, President of AndMore Associates, LLC and mentor of Aspiring Universe. remarked, “It was clear to me during our first mentorship call with Kaiyu and the team at Aspiring Universe that, along with a strong technology behind them, they had the vision and talent to develop, translate and curate meaningful data to provide solutions to agricultural decision makers. Through winning the OCP-Larta Challenge, they have convinced other industry leaders of their potential. I wish them great success going forward.” Larta Advisor Gunjan Siroya who was the Larta mentor of Aspiring Universe was equally full of praise, saying, “Aspiring Universe is marked by high performing and passionate team members. Their next-generation technology offers both flexibility and scale. Winning the OCP innovation Challenge is more validation of Aspiring Universe’s offering. I’m confident Kaiyu and his team will continue to bring measurable impacts to the agriculture ecosystem.” More information on the challenge and the finalists can be found here.

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News Recognition & Awards

COUNTRY Financial® Project Leveraging DigitaLab Interns Selected by 50+ Insurer CIOs for Novarica Impact Award

July 7, 2020 (BOSTON) — COUNTRY Financial® will receive an Impact Award from the Novarica Insurance Technology Research Council, a peer community of hundreds of insurer CIOs. More than fifty CIO council members reviewed dozens of case studies to select the winners for the 9th annual awards. COUNTRY Financial leveraged its DigitaLab, a partnership with the University of Illinois at Urbana-Champaign, to move two apps to new strategic cloud platforms while developing student intern talent. The project saved nearly $40,000 in vendor costs and enabled platform consolidation. “Novarica’s research shows that more than half of insurers say talent is a top challenge, but many have difficulty prioritizing it against other pressing needs. COUNTRY’s Impact case study shows how insurers can cultivate talent for recruitment while simultaneously leveraging it for innovation and delivering real business results,” says Matthew Josefowicz, President/CEO of Novarica and moderator of the Council. “Utilizing our DigitaLab partnership to re-platform to the cloud allowed our interns to innovate and contribute nearly 550 hours of programming and technology implementation, which is a key reason they look to us for an internship experience,” said Brad Hildestad, Chief Information Officer at COUNTRY Financial. “Their work assists us in delivering faster solutions to our clients and positions COUNTRY Financial to successfully scale our work during weather-related claims when our clients need us most.” COUNTRY Financial’s case study, along with case studies of seven other winners, and more than 20 additional cases considered for Impact Awards, was published this week in Novarica’s 9th Annual Impact Case Study Compendium, online at https://novarica.com/compendium2020/. Novarica has published more than 220 case studies through this program since 2012. About the Novarica Impact Awards The Novarica Research Council Impact Awards are the largest purely peer-juried awards in insurance technology. CIO council members vote annually to recognize the efforts of their peers to use technology to drive business value in digital, data/analytics, core systems, and IT operations. No vendors, consultants, journalists, or members of the Novarica team participate in the selection committee, making the Novarica Impact Awards distinctive in being a purely peer-juried award. The Novarica Insurance Technology Research Council is a free, moderated, knowledge-sharing community of more than 300 insurer CIOs and senior executives. In addition to recognizing successful initiatives through the Impact Awards, members participate in anonymized studies and private, vendor-free events. More information at https://novarica.com/council/ The Council is managed by Novarica, a research and advisory firm that helps more than 100 insurers make better decisions about technology projects and strategy through published research, advisory services, strategic consulting, and special programs. https://novarica.com/ About COUNTRY Financial® COUNTRY Financial serves about one million households and businesses throughout the United States and offers a full range of financial products and services from auto, home, business, farm and life insurance to retirement planning services, investment management and annuities. Press Contact Emily Lecaque media@novarica.com 833-668-2742

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EnterpriseWorks Features News Recognition & Awards

ATSP Innovations, EnterpriseWorks Graduate, Selected for NASA Phase 1 Awards

ATSP Innovations, an EnterpriseWorks graduate, announced on June 30, 2020, that the company was selected for a Phase I SBIR and a Phase I STTR by NASA.  These awards will be used for “Creep-Resistant Aromatic Polyester Thermosets for Thin-Ply Composites” and “Ultra-High Temperature Elastomer Sealing Materials”. ATSP Innovations was founded in 2010 and is engaged in developing and commercializing a new family of resins (Aromatic Thermosetting coPolyesters, i.e. ATSP) that demonstrate robustness in multiple environments and can be introduced to a variety of high-demanding applications.  In 2019, the company was awarded a Phase I SBIR from NASA for its “Extreme Environment Tribological Characterization of Advanced Bearing Materials”. ATSP was also awarded a Phase II SBIR grant totaling more than $480,000 from the National Science Foundation in 2012. The company was co-founded by University of Illinois at Urbana-Champaign’s Prof. Emeritus James Economy, a faculty member in the Department of Material Science and Engineering, and Prof. Andreas Polycarpou, a former W. Grafton and Lillian B. Wilkins Professor in the Department of Mechanical Science and Engineering. Learn more about their selection in ATSP Innovations’ News.

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Community Media Mentions News

University of Illinois at Urbana-Champaign EDA University Center Issues Report on Economic Gardening in the State of Illinois

CHAMPAIGN — The University of Illinois at Urbana-Champaign’s EDA University Center published a report on how downstate Illinois communities are utilizing — and can continue to employ – economic development strategies that focus on enhancing and growing the existing assets of each community. The report, authored by the University of Illinois at Urbana-Champaign Urban Planning Professor Marc Doussard, was supported with funding from the university’s EDA University Center. The report points out successful examples of economic gardening strategies already happening in downstate communities, such as:– Building up fermentation expertise and resources in Carbondale– Students gaining business experience by operating arts-based ventures in Decatur– A partnership between a university medical system and local healthcare system that supports medical entrepreneurs in Peoria. The report identifies further opportunities to leverage assets such as healthcare systems, agricultural resources, and an abundance of highly educated, experienced human capital. “In our work with the University Center meeting with communities across downstate Illinois, we realized there was a need for incubator and entrepreneurship assistance along with “economic gardening” fundamentals to grow jobs and companies based on community assets and opportunities,” said Laura Frerichs, director of the University Center. “We worked with Professor Marc Doussard to develop strategies to help communities and assess the differing economic potential in downstate Illinois, and incorporate challenges and opportunities we experienced in regional economies.” Some of the report’s findings:– Whether entrepreneurs make software, whiskey or biomedical devices, most communities can support them by identifying ways to mitigate some of entrepreneurship’s basic and enduring challenges such as funding and risk.– Most economic gardening strategies can be initiated quickly, simply and without extensive up-front costs.– Retirees, students and immigrants all stand out as under-realized sources for new businesses. The full report is available online at https://go.illinois.edu/GrowOurOwnIL. The University of Illinois Economic Development Association (EDA) University Center exists to promote and foster entrepreneurship in Illinois south of Interstate 80. This program is supported by federal grant funding from the United States Economic Development Administration. For more information, please contact us at research-park@illinois.edu or 217-333-8324.

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EnterpriseWorks Graduates News

EnterpriseWorks Startups and Graduates Pivoting through COVID-19

The COVID-19 pandemic has caused many EnterpriseWorks startups and graduates to pivot their businesses. The Entrepreneurs Brown Bag Series kicked off on June 17, 2020, with a panel that consisted of Serionix, EarthSense, and AirScout. Attendees heard about how these three companies have adapted in the wake of COVID-19 despite challenges they have faced in funding, collaborating, and manufacturing. Dr. James Langer, a University of Illinois Materials Science and Engineering alum, co-founded Serionix in 2011. Serionix is an EnterpriseWorks graduate that continued its operations in Urbana, Illinois. The company’s award-winning air filtration technology has received support from the Army, the National Science Foundation, and NASA in excess of $3 million. In mid-May, Serionix announced that the company could potentially combat the face mask shortage with their proprietary, lightweight Colorfil coating that is currently being used in NASA spaceships and space suits. Langer said that demand for Serionix filters skyrocketed as people began to exhibit hoarding behavior. As a result of the increased demand, Serionix had to quickly prepare itself for the growth in operations. The company has an external supply chain, and fulfillment occurs in the Urbana facility. “When the stay-at-home order hit, it was crazy because we had to navigate what that meant for us,” Langer said. “We deemed our work essential because our product is a health and wellness product, and we operated as a skeleton group.” In response to how Serionix stepped into face mask prototyping, Langer said that the company had already identified face masks prior the pandemic as a way to apply their technology in a different way. “Our core value proposition was that it changes color to let you know it’s working and when it’s expired. We had it tested against virus and bacteria, and we knew our product was effective against those. We had to take face masks off the back burner and put it in the forefront…. We realized, ‘We have something that can make a difference here.’” Michael Hansen is the Design Lead at EarthSense, a current EnterpriseWorks tenant that has created TerraSentia in order to improve the quantity, accuracy, cost, and speed of in-field plant trait data collection. Langer completed his undergraduate and graduate degrees in Industrial Design from the College of Fine and Applied Arts at the University of Illinois at Urbana-Champaign. EarthSense received a Phase II SBIR award from the National Science Foundation in April 2020, was selected by the Wells Fargo Innovation Incubator to join its seventh cohort in May 2020, and received accelerated funding from the National Science Foundation to transform TerraSentia into an autonomous sanitizing robot in June 2020. The latter was in direct response to COVID-19; EarthSense is working on a robotic arm with a UV light to sanitize surfaces. Hansen explained that the company had already been developing this technology prior COVID-19, but the team found it difficult to manipulate the arm correctly. This mechanical challenge did not deter EarthSense, however. Collaboration between Kris Hauser, Director of the Intelligent Motion Laboratory, and the co-founders led to the production of a usable UV light and improved navigation. Hansen said the company felt the need to do something and that EarthSense is lucky to have a team that can “design a whole robot and ship within a 9 month period. We’re building prototypes already.” Despite the fact that EarthSense “got hit right when we were ramping up for the spring season,” Hansen emphasized that the team was well-equipped because they already had “computer engineers who would work from midnight to 6am, so our workforce wasn’t completely impacted.” Robert Coverdill is the Chief Operating Officer of AirScout and the founder and President of Ag Air Imaging, LLC. He is a University of Illinois at Urbana-Champaign two-time alum with an undergraduate and graduate degree in Mechanical Engineering from the Grainger College of Engineering. He also was the Director of the National Science Olympiad Partnership and Director of Engineering and Technical Services in the Department of Mechanical Science and Engineering for 24 years. Coverdill’s University of Illinois experience in study and in leadership has helped him to successfully lead AirScout as it focuses on improving field scouting for farmers and agronomists. AirScout Thermal Imagery helps people understand crop health weeks before before crop yields are significantly threatened. This EnterpriseWorks-based startup is aiming to expand the use of thermal imaging technology by advocating for the implementation of advanced thermal cameras in businesses and other high-traffic buildings so that people’s body temperature can be monitored. “The same thermal camera we use in the airplane can be modeled on a small stand. You can stand in front of it, and in a second you’ll know what your temperature is… You can set it in the entrance of your business and read the temperature of whoever walks in,” Coverdill said. He noted that temperature is an indicator and a type of filter that could be especially important as businesses, universities, and other places reopen. Coverdill said, “Especially in this environment where there are young people working, it could help us promote healthier work environments,” and although he was not expecting AirScout to pivot in this direction in February, he is hopeful about what thermal imaging can do to assist public health efforts. He intends to reach out to Champaign-Urbana businesses to determine interest and viability. To hear more about how these companies have changed their businesses in response to COVID-19, including how they found funding for their new ventures and how they were initially impacted, watch the video on the Research Park YouTube channel.

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Research Park Career Fair 2020

On March 2, 2020, Research Park held a career fair to connect Park employers with students from the University of Illinois. Multiple job opportunities are open year-round, and students from any major and discipline are invited to apply. The Research Park Career Fair helps form connections between the University of Illinois at Urbana-Champaign, the Champaign-Urbana area, and the Research Park.

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