Media Mentions

EnterpriseWorks, Graduates, Media Mentions, Recognition & Awards, Research Park

EnterpiseWorks Graduate Prenosis Earns Spot on TIME’s Best Inventions List

Prenosis, EnterpriseWorks startup graduate, has earned a place on TIME’s Best Inventions of the Year list for its innovative Sepsis ImmunoScore. Sepsis ImmunoScore is an AI diagnostic tool transforming sepsis care—a critical need in U.S. hospitals, where nearly 1.7 million patients are affected annually. The system analyzes 22 health metrics, including vital signs and blood measurements, to provide a rapid sepsis risk score, helping doctors diagnose and predict severe cases within 24 hours. “The Sepsis ImmunoScore is setting a new standard of proactive sepsis care—where faster and more accurate prediction and diagnosis is essential to saving lives,” CEO and co-founder Bobby Reddy Jr. said in a press release. “We are honored to be recognized by TIME for the potential of our work to improve patient outcomes and to bring precision medicine to acute care.” Reddy was also recently honored as one of Crain’s Chicago Business 40 Under 40, a recognition given to executives, founders, creators, and strategists driving change and innovation in the Chicago area. Prenosis was an EnterpriseWorks tenant from 2017 to 2018. Founder Rashid Bashir, Dean of Grainger College of Engineering and Research Park Board of Managers member, developed these technologies with his research group in the Micro and Nanotechnology Laboratory, along with Bobby Reddy Jr. While at the Research Park, the Prenosis team earned a second-place prize in the 14th Annual Dale V. Cozad New Venture Competition. For more information, visit the Prenosis website

EnterpiseWorks Graduate Prenosis Earns Spot on TIME’s Best Inventions List Read Post »

Media Mentions, Research Park

Rashid Bashir and Dennis Beard Appointed to Research Park Board of Managers

Rashid Bashir, the dean of Grainger College of Engineering at the University of Illinois Urbana-Champaign, and Dennis Beard, Managing Partner at Serra Ventures, will officially participate for the first time as newly appointed University of Illinois Research Park LLC Board of Managers in the upcoming meeting on Oct. 7. The Research Park is governed by the Board of Managers, a public-private board that consists of nine members. It meets three times a year to discuss Research Park operations. Its members are appointed by the U. of I. Board of Trustees. Bashir and Beard were approved by the Board of Trustees at its meeting on July 11, 2024. Bashir is currently the dean of the Grainger College of Engineering at U. of I. He holds the Grainger Distinguished Chair in Engineering, which fosters multi- and interdisciplinary studies and serves as a springboard for pioneering projects. Beard is a managing partner with Serra Ventures and is responsible for leadership and management within the venture capital firm. He has spent more than 20 years with the Illinois technology community and is a founding member of the university’s Entrepreneur-in-Residence program at the EnterpriseWorks incubator. Bashir will serve as one of the two faculty representatives on the board, replacing Jeffrey Brown, who recently stepped down as dean of the Gies College of Business and went on sabbatical. Dennis Beard joins the board as a private sector representative; longtime board member Rick Stephens recently completed his final term.

Rashid Bashir and Dennis Beard Appointed to Research Park Board of Managers Read Post »

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 »

Media Mentions, Research Park

Introducing Brunswick Corporation’s Boating Intelligence Design Lab

Brunswick’s Research Park innovation center is now known as the Brunswick Boating Intelligence Design Lab (BI DesignLab). The company is enhancing its ACES (Autonomous, Connected, Electrified, and Shared) strategy with the announcement of Boating Intelligence™, a comprehensive initiative to incorporate AI features into its products. The newly named Boating Intelligence Design Lab (BI DesignLab), under the direction of Jeff Reifsnyder, is refocusing its programs on developing Brunswick’s AI talent and capabilities, as well as supporting Brunswick’s product development teams as they incorporate AI into Brunswick’s next generation of products. “We see an opportunity to embed AI functionality as one focus for our next phase of advanced technology and feature development, creating an opportunity for boats to evolve from an experiential product to an experiential partner,” said Brunswick Corporation CEO Dave Foulkes. BI DesignLab has already supported the development of Brunswick’s autonomous docking technology, AI-powered virtual agents, smart assistance, and more. Brunswick’s Research Park innovation center opened in 2017 as the Brunswick I-Jet Lab. It moved into its first permanent residence in the Research Park, 1904 S. First St, on December 11, 2017, where the company stayed for four years. By 2021, the Brunswick BI DesignLab had tripled in size and moved to a new facility at 1907 S. Fourth St. to accelerate support of the company’s ACES strategy and use technology to enhance the recreational boating experience. Read the full press release on Global News Wire.

Introducing Brunswick Corporation’s Boating Intelligence Design Lab Read Post »

EnterpriseWorks, Media Mentions, Recognition & Awards, Research Park

Forbes: The University of Illinois profiled as an AI powerhouse

In a recent Forbes article, the University of Illinois Urbana-Champaign was highlighted as the artificial intelligence (AI) powerhouse of the Midwest. Research Park propels AI innovation through its many AI startups, corporate innovation sites supporting AI projects, community groups, and more. Nancy Amato, Interim Director of the Siebel School of Computing and Data Science, said that the U of I is “a place where industry comes to do cutting-edge research,” a capability that is made easier by the Research Park.  “[The University of Illinois] [is] the bridge between foundational research and corporate breakthroughs.” Many Research Park corporate offices work on projects related to AI: NVIDIA, Capital One, Synchrony, and others hire interns and full-time staff dedicated to this emerging technology. The Research Park’s incubator, EnterpriseWorks, is the home to several startups specializing in AI, including AI Nexus Healthcare, ClimeCast, Identomat, Kocree, Maxflow Technology, and Zite AI. The Research Park also fosters community around AI topics. The “Working with AI” User Group meets monthly to discuss new applications and implications of AI. This group provides a platform for learning, networking, and collaboration among individuals and organizations working with AI or looking to get started in this field. The Forbes article featured EnterpriseWorks startup and graduate Reconstruct and Prenosis as AI entrepreneurs. Reconstruct, a company that uses AI tools to analyze construction data, currently has an engineering office in EnterpriseWorks. Startup graduate Prenosis, now located in Chicago, uses AI to tailor health care to an individual’s biology. Read the entire article on the Forbes website.

Forbes: The University of Illinois profiled as an AI powerhouse Read Post »

Community, Features, Investments, Media Mentions, Recognition & Awards, Research Park

iFAB awarded $51 million grant to propel Central Illinois as a biomanufacturing leader

The Illinois Fermentation and Agriculture Biomanufacturing (iFAB) Tech Hub has been awarded approximately $51 million from the Tech Hubs Program through the Department of Commerce‘s Economic Development Administration. This funding enables the iFAB consortium to position Central Illinois as a global leader in biomanufacturing and precision fermentation, supporting national security, economic growth, and job generation. Led by the University of Illinois Urbana-Champaign, iFAB seeks to scale precision fermentation to convert underutilized corn feedstocks into high-value, customized alternative proteins, food ingredients, materials, chemicals, and more. It was named an EDA Regional Innovation and Technology Hub in October 2023, opening the door to government support and funding. “Today’s EDA grant not only acknowledges but actively fuels our mission to establish Central Illinois as a pivotal biomanufacturing player on the global stage. With these new resources, we are equipped to accelerate our initiatives, ensuring that our region not only meets but sets the gold standard for biomanufacturing innovation,” said U. of I. Chancellor Robert J. Jones. “This partnership exemplifies how the University of Illinois Urbana-Champaign can leverage its expertise and resources to fuel progress and prosperity right in our backyard.” iFAB’s 30+ partners include the University of Illinois Research Park and others from industry, higher education, trades, workforce development agencies, agribusiness, and producers. Two of the private sector partners, ADM and Boston Bioprocess, have operations at Research Park. Gener8tor, the leader of the Illinois AgTech Accelerator, is also involved with iFAB. The iFAB leadership team includes Laura Appenzeller from the University of Illinois Research Park along with representatives from the University of Illinois Urbana-Champaign, Champaign County Economic Development Corporation, and Economic Development Corporation of Decatur-Macon County. iFAB seeks to scale precision fermentation to convert underutilized corn feedstocks into high-value, customized alternative proteins, food ingredients, materials, chemicals, and more. By leveraging this funding alongside regional assets in corn and soy feedstocks, food processing infrastructure, and research leadership, this Tech Hub will continue to provide a domestic biomanufacturing testbed through the development and deployment of multi-use pilot and demonstration capacity and equipment for biomanufacturing innovators. To learn more, visit the iFAB website.

iFAB awarded $51 million grant to propel Central Illinois as a biomanufacturing leader Read Post »

EnterpriseWorks, Features, Media Mentions

Zite AI featured on WCIA News in how its technology is helping the medical industry

EnterpriseWorks startup Zite AI was featured in a recent WCIA news story about how artificial intelligence is helping the medical industry. Founded by brothers Joshua and Jacob Love in 2022, Zite AI uses artificial intelligence to empower informed decision-making for healthcare organizations. While the company was initially founded to revolutionize location consulting, it pivoted to create a suite of tools that empowers heathcare organizations in marketing outreach, operational planning, and facilities planning. Zite AI is well integrated into the EnterpriseWorks and University of Illinois ecosystem, with co-founder Joshua Love currently studying as a PhD student at the University of Illinois Urbana-Champaign. Zite AI is changing healthcare systems which have traditionally relied on more old-fashioned forms of technology. “We’ve kind of come across this huge problem where a lot of the back office, the sort of strategic side of medicine, making sure people get access to care at all, is something that can really improve with more data and more understanding of what’s going on in the communities,” Jacob said in the interview with WCIA. The company’s programming can analyze medical images, identifying early signs of conditions like cancer and heart disease well before they are visible to the human eye. Read more or watch the news story on the WCIA website.

Zite AI featured on WCIA News in how its technology is helping the medical industry Read Post »

Community, EnterpriseWorks, Events, Investments, Media Mentions, Recognition & Awards

Nine Cozad New Venture Challenge Teams Receive Awards from EnterpriseWorks

EnterpriseWorks and Research Park awarded the Student Startup Tenancy Prize to nine teams that competed in the 2024 Cozad New Venture Challenge. This prize, which was awarded to Pathlit, AVEA Robotics, Radiant Looms, AminoSense, ClimeCast, Provenance Security, SeriesFarm, Terravate Energy, and Med Terms, includes access to co-working space, conference rooms, common areas, support services, and entrepreneur assistance. Provenance Security and SeriesFarm received the Catapult Award of $5,000 to be used for startup professional services. ClimeCast, which joined EnterpriseWorks as a tenant earlier in the year, also won third place with a $25,000 investment. ClimeCast uses AI to optimize decarbonization strategy for commercial real estate. ClimeCast also won the Dr. Paul Magelli Innovation Award, Best Pitch at Finals, as well as the Student Startup Tenancy Prize. Cozad New Venture Challenge (CNVC) is a campus-wide program run by the Technology Entrepreneur Center that provides mentoring to teams through the phases of venture creation, and resources in idea validation, pitching skills, and customer development. Between the 200 registered teams, 11 campus colleges and 85 majors were represented. The 2024 CNVC kicked off with registration and kickoff events in January and continued throughout the spring semester with workshops, mentorship opportunities, and training for over 500 undergraduate and graduate students. Between the 200 registered teams, 11 campus colleges and 85 majors were represented. The Demo Day on Thursday, April 11, was held at the Illinois Conference Center and featured several members of EnterpriseWorks and Research Park judging student work. The program concluded on Wednesday, April 24, with a Year-End Celebration and Awards Ceremony at the Campus Instructional Facility. Past participants of the program include EnterpriseWorks graduates Cast21, DeepWalk, Mesh++, Prenosis, Psyonic, and Serionix, in addition to EnterpriseWorks startups Natrion and ZiteAI.

Nine Cozad New Venture Challenge Teams Receive Awards from EnterpriseWorks Read Post »

Habiterre
EnterpriseWorks, Media Mentions, Recognition & Awards, Research Park

HabiTerre Achieves Third Party Model Validation with Climate Action Reserve

EnterpriseWorks startup HabiTerre‘s model for quantification of agricultural greenhouse gas sinks and sources was approved by the Climate Action Reserve (CAR) under their Soil Enrichment Protocol (SEP). This model is used as part of HabiTerre‘s advanced system-of-systems modeling approach. It comprehensively models the interplay of energy, water, carbon, and nutrient cycles in aboveground and belowground environments. HabiTerre has adapted and maintained a scalable version of ecosys to support the quantification of greenhouse gas and soil carbon outcomes from agricultural practices. The Climate Action Reserve is the most trusted, efficient and experienced offset registry for global carbon markets. CAR establishes rigorous standards to support and promote climate change solutions that benefit economies, ecosystems and society. “This milestone is just one of many more to come from the team at HabiTerre, where we are fully dedicated to supporting scalable and efficient solutions to drive maximum impact and value to farmers, paving the way for high-quality environmental market opportunities,” said Nick Reinke, CEO of HabiTerre. HabiTerre is a farming financial risk modeling company. The HabiTerre team is dedicated to making the world a better and more habitable place by advancing sustainable agriculture and land stewardship with a holistic systems approach to farm productivity and resource use efficiency. Learn more about CAR and this milestone on the HabiTerre website.

HabiTerre Achieves Third Party Model Validation with Climate Action Reserve Read Post »

cache
EnterpriseWorks, Investments, Media Mentions, Recognition & Awards, Research Park

Cache Energy Wins EPIC DC Pitch Competition

EnterpriseWorks clean energy startup Cache Energy won first place in the Energy Program for Innovative Clusters (EPIC) pitch competition. Founder Arpit Dwivedi presented at the White House for this competition on May 15, 2024, winning $30,000 for the company. The Department of Energy’s (DOE’s) Office of Technology Transitions (OTT) announced $70,000 total of prize money to three clean energy startups and one incubator through the prize collaboration event. Attendees participated in a collaborative discussion, and a Q&A about supporting incubators,  and traveled to Capitol Hill to meet with Congressional representatives and staff. Cache Energy focuses on creating energy storage that is non-toxic, non-flammable, and safe to transport and install anywhere through long-duration electricity storage. This technology can store grid electricity cheaply on a large scale and helps commercial and residential entities move away from fossil fuel. Learn more about the EPIC DC Pitch Competition on the Office of Technology Transitions website.

Cache Energy Wins EPIC DC Pitch Competition Read Post »