Community

Community, EnterpriseWorks, Features, Research Park

New Podcast Episode: Yummy Future

In the November Innovations @ Research Park podcast episode, host Tanmay Shah talked to Yummy Future CEO Jack Cui about the company’s journey, Cui’s entrepreneurship journey, working with autonomous robots, and more. Jack Cui is the CEO and co-founder of Yummy Future, an autonomous coffee shop that offers a taste of the future by servicing customers through an autonomous robot.  The company also provides robotic solutions for food and beverage businesses, lowering costs and enhancing efficiency. “I couldn’t imagine a robot able to do such a delicate task. So I showed him [Garrett Yan, Yummy Future co-founder], and  I said, ‘Why don’t we start a business, a robots servicing business,’ Cui said when describing how the idea of Yummy Future started. The Innovations @ Research Park podcast highlights the thriving entrepreneurial and corporate innovation culture in Champaign. It is hosted by University of Illinois Urbana-Champaign alumnus Tanmay Shah. Subscribe to The Innovations @ Research Park to catch up on the latest innovations and news on Apple Podcasts,  Spotify, or your preferred podcast network. Is there something you want to know about Research Park? Do you have an idea for a guest for the show or a story we should pursue? Do you want to provide other feedback? Contact Laura Bleill (lwbleill@illinois.edu).

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Community, Research Park

Research Park Seeks Rezoning to Meet Industry Needs and Capabilities

CHAMPAIGN — In response to dynamic market conditions, the University of Illinois Research Park filed a rezoning application with the City of Champaign to reclassify two properties  currently zoned CO, Commercial Office to the I1, Light Industrial. The City of Champaign’s Plan Commission will meet on Nov. 20 at 4 p.m. to approve the request and forward it to the City Council. This reclassification will position UIRP to meet evolving industry needs through future land development, Research Park Executive Director Laura Appenzeller told The (Champaign) News-Gazette. “We want to be able to have the right type of development for our future to respond to both business attractions that is interested in being part of our tech community here in Champaign-Urbana, but also to be able to support our entrepreneurs,” she said.  The rezoning request covers two development parcels within the Research Park, encompassing areas east and west of Fourth Street between Hazelwood Drive and Gerty Drive. “Most of the growth of the research park has been office space and we are seeing a growth of new types of industries,” Appenzeller said. “And increasingly, these small businesses that we’re working with are looking to scale technologies to get closer to manufacturing.” The rezoning will enable the Research Park to support startups transitioning from incubator spaces to small-scale manufacturing and remove competitive disadvantages to attract new companies. “It does allow us to be more conducive to flexible users that might be in these new emerging technology areas,” Appenzeller said. “When you’re in multi-state competitions, you’re always trying to make sure that you’re prepared, and that was what led to this.” At the public hearing on Nov. 20, the commission will then forward its recommendation to the City Council, The City Council is tentatively scheduled to take final action on this rezoning at its Dec. 3 meeting.

Research Park Seeks Rezoning to Meet Industry Needs and Capabilities Read Post »

Community, EnterpriseWorks, Events, Graduates, Recognition & Awards, Research Park

Inaugural Founders Week at Research Park Celebrates Illinois Entrepreneurship 

The inaugural Founders Week, held Oct. 17-19 at Research Park, was an inspiring celebration of innovation at the University of Illinois Urbana-Champaign. “Entrepreneurship is a team sport,” said EnterpriseWorks Director of Entrepreneurship Gerald Wilson. “Founders Week is a recognition that we are all co-founders of the future of Illini Entrepreneurship.” Wilson was a key proponent in organizing the event, working closely with the Office of the Vice Chancellor for Research and Innovation, Illinois Ventures, the Technology Entrepreneur Center, and more partners across campus. Founders Week highlighted the university’s role in fostering groundbreaking ventures, which consistently ranks in the top five nationally for number of companies founded, founders, and capital raised. The event brought together founders, Illini Angels, active investors, ecosystem leaders, faculty, and students interested in entrepreneurship. View the event booklet for more event highlights and relevant resources Thursday, October 17 The Founders Week celebration kicked off with a Summit on Capitalizing New Ventures on Thursday, Oct. 17. Speakers led discussions on capital formation, attraction, and allocation to fund companies. The Summit was followed by a Founders Sandbox at, including a pitch workshop. Simultaneously, a campus tour took attendees through spaces on campus that are inventing the future, including the Institute of Genomic Biology, the Integrated Biology Research Lab, and EnterpriseWorks. That evening, the first “live” TechRise pitch competition in central Illinois invited historically underrepresented founders to compete for a $25,000 cash prize. Finalists included: Thursday’s events concluded with EnterpriseWorks’ 20th Anniversary Homecoming Dinner. Friday, October 18 On Friday morning, Illini Angels held its meeting to foster community for experienced entrepreneurs and investors who invest in and mentor Illini founders. If you are interested in learning more about or joining this group, contact Paul Magelli. Later that morning, the Founders Technology Showcase began. This all-day event included panels, fireside chats, and more highlighting the hottest technologies being spun out of university research labs. Following the Founders Technology Showcase, a networking reception and startup expo allowed participants to meet more companies and turn Illini pride into a connected community Saturday, October 19 The final day of Founders Week included an Illinois Football Tailgate at EnterpriseWorks preceding the Illinois football game against Michigan at 2:30 p.m. Find more event photography in <href=”https://researchpark.illinois.edu/image-gallery/founders-week-2024/”>this media gallery.

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Community, EnterpriseWorks, Investments, Recognition & Awards, Research Park

Illinois Ventures unveils Deep Tech Strategic Fund

Illinois Ventures, an EnterpriseWorks tenant and the venture capital arm of the U of I System, recently unveiled a new fund, the Deep Tech Strategic Fund. The organization is focused on helping students achieve their entrepreneurial dreams and has previously supported Research Park companies including DeepWalk, EarthSense, Natrion, PSYONIC, and more. The Deep Tech Strategic Fund is Illinois Ventures’ largest fund to date, consisting of $48 million from investors including the University of Illinois, Carle Health, and the University of Illinois Foundation. The fund, which targets the next wave of startups, is designed to fuel ideas that come from the University of Illinois ecosystem and is a testament to Illinois Ventures’ commitment to push the boundaries of innovation. Learn more about this investment fund on the Illinois Ventures website, Crain’s Chicago Business website, or connect with Illinois Ventures on LinkedIn.

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Community, EnterpriseWorks, Investments, Recognition & Awards, Research Park

FAST Center at Illinois receives funding renewal from US SBA

The U.S. Small Business Administration (SBA) announced that the Illinois FAST Center, hosted by Research Park, has received a five-year renewal of its funding. The FAST Center at the University of Illinois Urbana-Champaign provides one-on-one assistance, training, and workshops across the state to increase access to federal research funding for Illinois small businesses. From 2020 to 2023, the FAST Center at the University of Illinois served a total of 2,288 clients, 60% of which came from underserved populations. Clients were awarded a total of $67.2 million in SBIR and STTR funding. This award is one of 49 distributed by the SBA, which provide up to $200,000 to organizations supporting startups through specialized training, mentoring, and technical assistance under the Federal and State Technology (FAST) Partnership Program. “FAST funding, which fuels innovation to keep America competitive globally, has doubled under the Biden-Harris Administration,” said Administrator Isabel Casillas Guzman, head of the SBA. “At a time when we are seeing historic highs in our entrepreneurial activity with a small business boom, investing in America’s innovative startups is a top priority. America’s Seed Fund, powered by the SBA and fueled by 11 federal agencies’ SBIR and STTR programs, is the largest source of early-stage funding in the world. With FAST, we have now expanded our entrepreneurial ecosystem to nearly every state so that entrepreneurs with great ideas can invent it, commercialize it, and build it with America’s Seed Fund in every corner of America.” The Illinois FAST Center hosted America’s Seed Fund Road Tour in Champaign on July 17, 2024, allowing innovators, entrepreneurs, researchers, and small technology startups to connect with federal funding opportunities. Read the official press release on the SBA website. About FAST FAST provides small businesses and startups, particularly those in underserved communities, with specialized training, mentoring, and technical assistance for research and development. FAST’s objective is to strengthen the competitiveness of small businesses and startups across the country, particularly those from underserved communities to help them benefit from the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs. Through FAST, the SBA continues to play a critical role in creating inclusive entrepreneurial ecosystems and helping American entrepreneurs grow their networks and revenue opportunities with new capital. Learn more about FAST on the SBIR website. About the FAST Center at the University of Illinois The FAST Center at the University of Illinois Urbana-Champaign is led by EnterpriseWorks and provides free resources, support, and expertise necessary to submit a highly competitive proposal to help startups and companies bridge the gap between research and commercialization. It has helped companies acquire millions of dollars in federal SBIR/STTR funding at no cost to them.

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Community, Features, Partnerships & Acquisitions

PowerBox Technology joins POETS at Research Park

PowerBox Technology is officially a member of The Center for Power Optimization of Electro-Thermal Systems (POETS) at Research Park. The POETS facility will enable PowerBox to optimize factory operations and drive renewable energy system innovation. PowerBox Technology utilizes simulation software to provide cutting-edge power and energy modeling services, working to minimize renewable energy costs and maximize energy security. PowerBox was founded by University of Illinois alumnus Oscar Azofeifa, who currently serves as the company’s CEO. “Joining forces with top-tier corporations and government institutions, we aim to accelerate the commercialization of our cutting-edge technologies while contributing to groundbreaking research,” said Azofeifa. Industry and Innoation Director at POETS Owen Doyle welcomed PowerBox to the team in a recent LinkedIn post, saying that PowerBox’s “work is a great addition to [their] center.” POETS is an initiative of the Grainger College of Enginnering at the University of Illinois and is funded by the National Science Foundation (NSF). Its ambitious approach to improving the power density of next-generation electro-thermal systems involves integrating traditionally separate research efforts in mechanical, electrical, and materials engineering across different technical domains. Learn more on LinkedIn.

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Community, EnterpriseWorks, Features, Graduates, Media Mentions

Cast21 Founder Ashley Moy Featured by New York Stock Exchange

EnterpriseWorks startup graduate Cast21 was recently featured in a video by the New York Stock Exchange (NYSE). Host Judy Khan Shaw sat down with co-founder and CEO Ashley Moy on NYSE’s Floor Talk. Moy shared what inspired her to start Cast21 and discussed the technology behind Cast21’s innovative products. Cast21 is introducing a medical cast for treating broken bones to increase patient comfort and decrease medical complications. This product is completely waterproof, giving patients the freedom to shower, and its open design enables doctors to see the break site and dress accompanying wounds. Taking advantage of the company’s patent-pending technology, physicians can benefit from the adaptable-fit device they can grab off the shelf. University of Illinois alumna Ashley Moy co-founded Cast21 in 2016 to change the utilization of technology in healthcare biologics. Watch the full video on LinkedIn.

Cast21 Founder Ashley Moy Featured by New York Stock Exchange Read Post »

Community, EnterpriseWorks, Features, Investments, Partnerships & Acquisitions

Eleuthra Photonics provides expertise to MarginDx project

EnterpriseWorks startup Eleuthra Photonics will provide industry and translation expertise for the Margin Diagnostics (MarginDx) project. Funded through the ARPA-H Precision Surgical Interventions (PSI) program, MarginDx combines optical imaging technologies with AI screening tools to ensure, in real-time, that tumor tissue and cells are completely removed during surgery. A large team of researchers and clinicians from the University of Illinois Urbana-Champaign, Mayo Clinic, Eleuthra Photonics, and other industry and clinical collaborators are working to find an end-to-end solution that will drastically improve surgical outcomes for cancer tumor removal. Eleuthra Photonics was founded in 2023 and was admitted to the I-Start program at EnterpriseWorks. Eleuthra Photonics specializes in developing and producing rapid image-based diagnostic tools for analyzing tissue and cell samples, with a primary focus on cancer and other disease diagnoses. Learn more on the University of Illinois Interdisciplinary Health Sciences Institute website.

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Community, Events, Research Park

Research Park Softball League: Caterpillar wins championship in dramatic finish

The Research Park Softball League concluded with a memorable championship game on Monday, July 29. After a season of spirited competition and camaraderie among the 149 participants, the Champaign Caterpillar Innovation Center team emerged victorious in the tournament-style bracket, featuring six teams. This year’s final match was nothing short of spectacular. In a remarkable display of perseverance, the Caterpillar team was down 9-2 in the second inning. However, they staged a comeback, ending with a walk-off three-run homer from Alex Brockcamp. Brockcamp’s game-winning hit secured their victory and provided them with a full-season winning streak, having not lost a single game throughout the season. The final score reflected their hard-fought effort and earned them the championship title, making this win especially notable just before their 25th-anniversary celebration. The league’s growth and success in fostering a strong sense of community among participants from various companies were evident throughout the season. All teams’ dedication and hard work were commendable; each team displayed exceptional skill, sportsmanship, and determination, making every game an exciting contest. “The Research Park softball league is an excellent opportunity to build camaraderie between full-time and student employees alike,” said John Deere Technology Innovation Center‘s James Kabbes, the 2024 softball league commissioner. “I love seeing employees learn the rules for the first time, practice with their teammates, and compete in friendly games against other companies in the park.” Special thank you to all the companies who participated in the Softball League:

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Community, Events, Internships, Recognition & Awards

Research Park Honors Innovative Interns at 18th Annual Awards Ceremony

The 18th Annual Research Park Intern Awards Ceremony, which celebrates the contributions of exceptional student interns at Research Park corporate innovation centers and startups, took place on July 25, aptly coinciding with National Intern Day. The awards ceremony brings together interns representing diverse skill sets and industry sectors, as well as their managers and colleagues. It reflects the overall depth and breadth of excellence of intern work that occurs daily at Research Park. Awards were given in the following categories: Among the notable projects showcased was an intern who developed a prototype web software for Life Cycle Assessment calculations without prior experience in software development, improving company processes by approximately 90%. Another standout project involved a group of interns who developed an interactive, immersive boating simulator using a blend of computer graphic software development, UI/UX design, data integration, and hardware development. Shivani Birwadkar, who won the Best Technical Innovation award, expressed her gratitude for the recognition and reflected on how the opportunity to work on cutting-edge projects has significantly impacted her professional growth. “I am deeply honored to have been recognized with the Best Technical Innovation. My internship at ADM has been an incredible journey of learning and growth. From the groundbreaking projects that push the boundaries of innovation to the supportive and inspiring team that constantly motivates each other, this experience has truly been one of the most rewarding of my career,” said Birwadkar, a Work Process Automation Intern at ADM Science and Technology Center. The ceremony and nominations highlighted the incredible talent within the Research Park community and underscored the vital role that internships play in fostering the next generation of industry leaders. “Winning an award is a testament to the exceptional skills and dedication of our interns,” said Laura Bleill, director of external engagement at the Research Park. “It’s not just about individual accomplishments but also about how these young professionals are shaping the future through their innovative projects and collaborative spirit.” Just being nominated for these awards is an accomplishment, said Bryan Goode, the Research Park talent manager. The judging process is intense. “Managers nominate individual interns or entire teams, and each nomination comes with a detailed essay highlighting their skills and achievements,” Goode said. “These essays are then reviewed by a diverse panel of judges who bring different expertise to the table. They look at everything from technical skills to soft skills to ensure each nomination receives a fair and thorough evaluation.” Best Startup Intern  Zoey Zhang — Boston Bioprocess — Bioprocess Development Intern Masters in Bioprocessing and Bioenergy | Illinois Professional Science Master’s “She has been an integral part of our pilot plant team, leveraging her graduateeducation and prior experience to execute fermentation projects. She quickly adapted to our fast-paced culture, showing immense grit and dedication. Zoey demonstrated exceptional leadership by volunteering for late hours and weekends to meet deadlines. Her proactive approach allowed us to delegate tasks such as sampling, reactor setup, and data analysis, significantly boosting our team’s efficiency. Zoey optimized shake flask volumes and benchmarked fermenters’ oxygen transfer rates, providing valuable insights. Her proactive approach to personal and professional growth, combined with her dedication, resilience, and willingness to go above and beyond, makes her highly deserving of this award.” Finalists: Thanushree Ambati — Helixon — Bio-Tech Research Intern Luigi Passerotti — Hinetics — Mechanical Engineering Intern Best Technical Innovation Shivani Birwadkar: — ADM Science and Technology Center — Work Process Automation Intern Masters in Information Management | School of Information Sciences “Shivani is an exceptional intern who demonstrated remarkable innovation by independently developing a web application for Life Cycle Assessment calculations using Python and JavaScript from scratch. Despite having no prior experience, her work improved process efficiency and reduced project execution time by approximately 90 percent, significantly streamlining operations. Shivani’s proactive approach and strong relationship-building earned the team’s trust, adding considerable value and enabling more simultaneous projects without compromising quality.” Finalists: Shubham More — Synchrony Emerging Technology Center — Emerging Technology Center Intern Caleb Larson — AGCO Acceleration Center — Engineering Intern Best Business Innovation Yijin Wang — Synchrony Emerging Technology Center — Emerging Technology Center Intern Master’s Concentration in Analytics-Statistics | College of Liberal Arts & Sciences “Yijin truly exemplifies what it means to be a team player, shifting her focus based on the team’s needs and leveraging her technical, analytical acumen across multiple projects. She developed a measurement framework for assessing the incremental dollar impact of our paid media acquisition campaigns and supported clients with campaign reporting using Adobe and SAS. Tracy also led reporting for personalization stakeholders, quickly learning tools like Dynamic Yield. Despite resource constraints, Yijin ensured our team met all deliverables. Her framework addressed enterprise-level gaps in measuring campaign efficacy, advancing our enterprise initiative.” Finalists: Khushboo Choudhary — Synchrony Emerging Technology Center — Emerging Technology Center Intern Gabrielle Wilki — State Farm — RDC Intern Most Outstanding Undergraduate Student Intern Mayank Dubey — Rivian — Electrical Hardware Development Intern Mechanical Engineering | Grainger College of Engineering “Mayank’s summer project at Rivian was a masterstroke in accelerating mechanical design and development. He developed an innovative framework to automate PCB design exploration, previously a manual task, using self-learning Python scripts—this breakthrough streamlined the process, catalyzing rapid innovation. His scripts empower engineers to perform complex finite element analysis (FEA) models, significantly boosting efficiency and minimizing errors. Despite lacking direct automotive experience, Mayank quickly absorbed new information and applied it effectively, consistently delivering noteworthy results with minimal guidance. His resilience, adaptability, and commitment to advancing despite challenges underscore his exceptional work ethic and dedication.” Finalists: Steve Xing — Brunswick Boating Intelligence Design Lab — Machine Learning Intern Anshi Mathur — Bayer Crop Science — Data Science Co-Op Most Outstanding Graduate Student Intern Peeya Thacker — COUNTRY Financial DigitaLab  — Project Manager/Data Science Intern Master’s in Information Management | School of Information Sciences “Peeya Thacker has exemplified outstanding leadership and organizational skills as the Project Manager for the Exploring CRMs Customer Data Platform project at the Country Financial DigitaLab. This project aims

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