Media Mentions

EnterpriseWorks Media Mentions News Recognition & Awards Research Park

University of Illinois Ranked 15th in Top 100 Global Universities Ranked by Startup Founders

The University of Illinois was ranked 15th in PitchBook’s annual university rankings list for alumni startup founders who have raised venture capital in the last decade. This list profiles global universities who have “truly exceptional track record of attracting and producing future entrepreneurs.” The rankings are determined based on PitchBook data analyzing more than 150,000 venture capital-backed founders. Additional ratings for the University of Illinois include: #3 in capital raised among U.S. public institutions #5 in graduate alumni founders among  U.S. public institutions #5 in undergraduate alumni founders among U.S. public institutions #7 in female alumni founders among U.S. public institutions UIUC alumni-founded companies have raised $20.8B through companies including Generate, GRAIL, Farmers Business Network, Heyday, and Plus. For more information and the complete list, visit the PitchBook website.

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EnterpriseWorks Graduates Media Mentions News Recognition & Awards Research Park

Two EnterpriseWorks Graduates Included on Inc. Magazine’s Fastest-Growing Companies List

Two EnterpriseWorks graduates qualified for Inc. Magazine’s 2023 “5000 Fastest-Growing Private Companies in America” list. Both continue to grow their companies in Champaign County.  Serionix, which is known as Colorfil on the list, placed at #752. Eden Park Illumination placed at 2,858.  “Given the tremendous growth we’ve experienced—going on almost 36 months at 13% CMGR (compounded monthly growth rate) —it wasn’t exactly a surprise but is nevertheless a great honor and recognition for our team,” said Jim Langer, Serionix co-founder and CEO.  Eden Park manufactures and deploys patented wafer-thin panels that deliver reliable, safe, and effective Far-UVC 222nm technology that continuously reduces and inhibits air and surface pathogens in densely populated spaces. It was co-founded by faculty at the University of Illinois Urbana-Champaign.  During its days at EnterpriseWorks, Serionix focused on developing products for industrial air purification. The team also enlisted numerous Research Park resources and mentors, including EnterpriseWorks’ SBIR Technical Assistance Program, who helped with grant proposals – a process that CEO Jim Langer said further “helped refine our story and our goals.” The company’s  technology benefits everyone from astronauts to the average cat owner. Langer shared that the next step for the company is to fuel investment in people, channels, and product– investments that will collectively unlock the potential growth for Colorfil. For more information, visit Colorfil’s website. 

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Media Mentions News Recognition & Awards Research Park

Ascent Integrated Tech’s Paul Couston Included on Forbes’ 30 Under 30: Chicago List

“Chicago is a tough city… it makes entrepreneurs with grit,” wrote Paul Couston, co-founder of Ascent Integrated Tech on LinkedIn. He continued, “Today, I’m honored that Ascent Integrated Tech has joined other incredible ventures listed on the Forbes 30 Under 30 Local list in Chicago.” After his first startup Optivolt Labs, Couston cofounded Ascent Integrated Tech at Research Park with business partner Alex Gorsuch. Together they created a software program for first responders, including firefighters, special forces, and SWAT teams. The platform optimizes 3D tracking technology, placed inside helmets and bracelets, to provide commanders with critical information, such as their team’s location. These tracking sensors also provide details on the team members’ health and environment, such as CO2 levels, humidity, and airborne metal oxide. Ascent Integrated Tech’s innovations are helping teams be best prepared when urgent calls come in and assist in making life-saving choices in real time. Couston acknowledged Research Park’s role in his personal entrepreneurial success, as well as the company’s. He explained, “Ascent’s journey began at EnterpriseWorks, from the confines of a humble 100 sq feet office on the second floor… The journey from that tiny space to where we stand today would have been inconceivable without the invaluable resources and the expansive network that EnterpriseWorks offered.” The co-founder further detailed his Research Park experience. “The community is truly unparalleled — supportive, innovative, and immensely helpful.  But more important than the space are the people and the network on campus. The people working at Enterpriseworks, the TEC, Gies, and Grainger made Ascent’s early goals possible,” – Paul Couston, Co-founder of Ascent Integrated Tech While Couston was admittedly shocked by the Forbes article, fellow co-founder Alex Goursch was not surprised that Couston made the list. “I have not met someone else who has Paul’s combination of cleverness, ferocity, and mission-driven nature,” said Goursch. “Paul is a singularly driven individual who gives a crap about the problem we are solving and has the intelligence to find solutions, and the diligence to instantiate them.” Seems safe to say that the team’s hard work and determination have paid off. “This recognition isn’t a personal milestone; it’s a testament to everyone who believes in and works toward Ascent’s mission,” said Couston. Read the full Forbes article on the Forbes website.

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EnterpriseWorks Media Mentions News Research Park

EnterpriseWorks startup Natrion listed as a leader in TechCrunch

Natrion CEO Alex Kosyakov was pleasantly surprised to find that his company was recently listed as a startup leader in battery component technology by popular tech news outlet TechCrunch. “I spoke to Haje [the article author] earlier in June and I thought he was just researching the industry more broadly… I had no idea that he would write so much about Natrion, so that was definitely a pleasant surprise when the article came out.” – Alex Kosyakov, Natrion CEO At EnterpriseWorks, Natrion aims to resolve some of the greatest issues that automakers and battery manufacturers face today by pushing the capabilities of battery technologies. With electric vehicles (EVs) becoming increasingly more popular and desired within the mass market, their mission is to offer power alternatives for electric vehicles, taking a step closer to cleaner mobility. TechCrunch name-dropped the startup in a summary of the LG Energy Solution Battery Challenge, in which Natrion ranked as one of the top 10 finalists, competing against 116 other startups from 22 countries. Natrion placed at the Challenge with its polyer-ceramic solid-state electrolyte material, called the lithium solid ionic composite, and their impressive demonstration of their high-performing solid-state lithium-metal battery cells. TechCrunch wrote, “If Natrion can scale up its production, which it believes it can, then it could bring about considerable changes to battery technology.” Other than the feature, what truly shocked Kosyakov was that Natrion was featured alongside some of the biggest industry players, including Nissan, Ford, and Mercedes-Benz. “What we appreciate most about it is that [the writer] begins the piece with an overview of the larger, more established, and better funded players in our industry before pivoting to talking about us,” elaborated Kosyakov. “Even though we’ve raised 100 times less money than some of the other companies in the space, we’re right there with them. As far as technological process, it’s nice to be acknowledged like that.” Natrion is a team of 18, and expects to scale-up significantly, especially in terms of production and yield optimization. Currently the team is prototyping systems and processes, with the intention of building a pilot production line in 2024. To track Natrion’s progress, contact them HERE. Read TechCrunch’s full article HERE.

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Features Media Mentions News Research Park

The University of Illinois is Creating a Unique Location for Semiconductor Growth

The University of Illinois Research Park was recently featured in an IntersectIllinois article covering the SEMICON West Conference happening this week, July 11-13, 2023, in San Francisco, California. The article discussed the challenge faced by the global microelectronics industry in finding a location with like-minded companies and talent to grow the semiconductor workforce and expertise. Illinois is considered to be a state in a unique position, being able to offer a wide variety of manufacturing and tech opportunities. Intersect Illinois wrote that Illinois is the “perfect location for semiconductor companies” and called out the innovation happening in the Research Park. Several companies mentioned in the article emerged from the EnterpriseWorks Incubator, including Cygnus Photonics, Inprentus, Starfire Industries, and TipTek. Of those companies, TipTek and Cygnus Photonics are still part of the Research Park ecosystem. InteresectIllinois noted that this region has the “talent, location, infrastructure, ecosystem, and support” needed for semiconductor growth, and Research Park’s role in the industry is not going unnoticed. Read the entire article on the Intersect Illinois website.

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Media Mentions News Recognition & Awards Research Park

Research Park Boosts Illinois Ranking For Women-Led Startups to No. 10

At the start of the new year, Illinois was ranked tenth in the country for women-led startups by Merchant Maverick, a small business comparison site. This bumped up the state of Illinois’ rating in comparison to previous years. This climb was due to an increase in the overall success rate of businesses and growth in venture capital investments. Research Park has made a large contribution to the creation of women-led startups in Illinois. The Incubator, particularly EnterpriseWorks, has given women that are aspiring to become entrepreneurs the tools and resources they need to transform their idea into a successful organization. Bianca Bailey, CEO and founder of the EnterpriseWorks startup Agriwater, credits much of her success as a woman entrepreneur to the resources offered to her at Research Park. Because of EnterpriseWorks, Agriwater has received funding from the Department of Energy’s Innovation Crossroads Program. “Employing more women administratively within incubators like EnterpriseWorks definitely makes a large impact on women being comfortable to even work in the space,” said Bailey. EnterpriseWorks houses a variety of informational programs and events that are of particular benefit to organizations that are just getting their start. Educational sources, mentee opportunities, as well as groups tailored to helping women entrepreneurs, are all supportive resources that are offered at the Incubator. Having programs like these can really help to encourage women and give them the skills they need to make their great idea a reality. “When you invest in a woman you invest in a community and you invest in improving the rest of the world,” Bailey said.

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Internships Media Mentions News Research Park

Crain’s Chicago Business Shows How Cat and Deere Leverage UIUC, Research Park for Talent

At the University of Illinois Research Park, it’s said (a bit tongue-in-cheek) that companies there receive every unfair recruiting advantage possible when it comes to access to the strong tech talent at the University of Illinois Urbana-Champaign. John Pletz of Crain’s Chicago Business explores how this ecosystem is delivering computing talent to two Research Park companies, Caterpillar and John Deere. The premise? That a corporate presence in both Chicago and Champaign is keeping talent in the state. “Caterpillar and Deere are setting foot on campus more often and making jobs more appealing by setting up shop in Chicago. As a result, they’re having more success in meeting their own hiring needs while giving students with high-demand skills more reasons to stay in Illinois instead of leaving for the coasts,” Pletz writes. Companies are also going beyond the traditional mechanisms to engage with students, campus colleagues told Pletz. “While traditional recruiting strategies—such as attending career fairs or participating in hackathons—are great for keeping brands in front of the broad CS audience, we have noticed companies are also adding much more targeted activities to their recruiting arsenal,” says Cynthia Coleman, director of external relations for U of I’s computer-science department. Read the entire Crain’s Chicago Business story about Deere and Cat online HERE (access may be restricted by a paywall).

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EnterpriseWorks Media Mentions News Recognition & Awards Research Park

Chicagoland Billboard Campaign Features EnterpriseWorks Startups

A marketing campaign presented by the University of Illinois Urbana-Champaign hitting billboards across Chicagoland features several startups at EnterpriseWorks and Research Park. Those include: Network Perception: Now located in Chicago, Network Perception incubated at EnterpriseWorks. It has multiple UIUC faculty co-founders and its CEO is a former staff member. Prenonis: Now located in Chicago, Prenonis also incubated at EnterpriseWorks and has faculty co-founders. Tiesta Tea: This Chicago success story also got its start at EnterpriseWorks, where it was co-founded by one student from UIUC and one student from University of Illinois-Chicago. Ocient: in its early stages, Chicago-based Ocient opened an office at EnterpriseWorks.

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Community EnterpriseWorks Features Media Mentions News Recognition & Awards Research Park

EnterpriseWorks Entrepreneurs Recognized in Chicago Inno 25 Under 25 List

Chicago Inno’s 2022 Inno Under 25 list recognizes young innovators who are already making their mark on the city’s business community. Based on nominations from readers, Chicago Inno compiled a list of founders, investors, community builders and more who are 25 years old and younger. Among those featured are innovators and entrepreneurs whose startups are located at the EnterpriseWorks incubator at Research Park, including the founders of Ascent Integrated Tech, Haylon Technologies, and Natrion. Those honored are: Paul Couston, 25 Founder and CEO, Ascent Integrated Tech Alex Kosyakov, 21 Co-founder of Natrion Dante Vaisbort, 22; Tyler Revesz, 21; Raj Lulla, 21; and Namin Shah, 22 Co-founders of Haylon Technologies The full article is available online, however it is only available to Chicago Inno subscribers.

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Community Features Internships Media Mentions News Recognition & Awards Research Park

Real Impact: Synchrony Culture Empowers Next-Gen Innovators

The University of Illinois System profiles the success story of the Synchrony Emerging Technology Center at Research Park. The article covers the cornerstones of the internship experience at ETC: access to top leaders and mentors meaningful work that impacts the company corporate citizenship Here’s a snippet: “At Synchrony, we don’t just prepare students for how to do the work. We prepare them for whatever comes next in their career,” Mike Storiale said. He is Synchrony’s vice president of Innovation Development and University Partnerships. For example, summer 2022 featured the clear expectation that interns work in person. “Many of our 50 student interns envisioned working remotely. We wanted them to build connections by actually seeing what others are working on. We wanted them to have those casual conversations in the kitchen,” Dor Markovich said. “Before we knew it, they were getting together after work and on the weekends.” Read the full article HERE.

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