Media Mentions

EnterpriseWorks Features Media Mentions News Recognition & Awards Research Park

PSYONIC CEO Named to MIT Technology Review’s 35 Under 35

Aadeel Akhtar, CEO of EnterpriseWorks startup PSYONIC, was named to the MIT Technology Review’s list of 35 Innovators Under 35 for 2021. The MIT Technology Review recognized Akhtar as a humanitarian for his innovative approach to designing prosthetics. PSYONIC’s premiere product, the Ability Hand, was released in 2019. The Ability Hand was the first commercially available prosthetic hand to include multitouch sensory feedback. The device utilizes electrical currents to stimulate nerves allowing users to “feel”  what the prosthetic touches. Akhtar launched PSYONIC in 2015 and the company moved into EnterpriseWorks in 2018. PSYONIC has experienced great success since the company launch. Their accomplishments include, winning the Illinois Innovation Prize in 2016, a mention in the Forbes list of 30 under 30, and first place at the 8VC Social Innovation Cup in 2019. Each year the MIT Technology Review publishes a list of 35 Innovators Under 35; more than 500 people are nominated to be included annually. The work of the nominated individuals is then evaluated by a prestigious panel of judges who select the final list. MIT Technology Review acknowledged Akhtar’s commitment to both functionality and affordability. PSYONIC products are inexpensive enough to be covered by Medicare which makes them available to 75 percent of individuals in the US who need them. The prosthetics are also built to withstand the stresses of everyday life without cracking. Akhtar received his PhD in Neuroscience and MS in Electrical and Computer Engineering from the University of Illinois. Read more about Akhtar and PSYONIC in 35 Innovators Under 35 here: https://bit.ly/3xkF8bm

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EnterpriseWorks Features Media Mentions News Recognition & Awards Research Park

Epivara Featured on WCIA 3 News for SBIR Award

Epivara, a startup based at EnterpriseWorks, was recently featured on WCIA 3 News after receiving a $255,000 SBIR Phase I award from the National Science Foundation. Rex Hess, Epivara’s Director of Science, was interviewed in this news story, and he explained Epivara’s iSpay/iNeuter technology. This funding will go towards the creation of an injection that would act as a permanent alternative to spaying and neutering for cats and dogs. The Research Park is proud to support the Epivara startup team as they continue to develop this technology. Find the full story here: https://bit.ly/EpivaraWCIA

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Media Mentions News Research Park

Research Park Recognized in The College Tour

Research Park was recognized in the University of Illinois Urbana-Champaign’s episode of “The College Tour”, which is available on Amazon Prime Video. The College Tour, hosted by established producer and writer Alex Boylan, gives students an opportunity to share the distinguishing qualities of their university’s campus. The show provides valuable insight to prospective students deciding between multiple schools. A substantial portion of the episode was dedicated to crediting the University of Illinois for its research efforts. The College Tour highlighted Research Park as part of the notable aspects of the University of Illinois Urbana-Champaign innovation engine, with multiple internship opportunities and support for companies and start-ups. The College Tour noted that “top corporations set up offices [in Research Park] because of the amazing student talent pool”. This is all to say that Research Park’s location on campus allows it to be a resource for undergraduate students, providing them with numerous opportunities for professional growth through the internship program. Watch the University of Illinois Urbana-Champaign episode of “The College Tour” here.

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Events Media Mentions News Partnerships & Acquisitions Research Park

Synchrony: “You Have to Go Where the Talent is”

Synchrony’s efforts targeting University of Illinois Urbana-Champaign students to fulfill its needs to recruit tech talent was featured in the Wall Street Journal on May 6 (subscription required). The article cited Synchrony’s partnership with the Datathon at Illinois, a competitive event that exposes students to real-world problem solving in analytics, as one of the creative ways it engages talent. Synchrony has been a lead sponsor for the event and an active host since the event’s inception, engaging with the statistics department and its very active student organization. “You have to go to where the talent is,” said Carol Juel, executive vice president and chief information officer at Synchrony Financial, in the Wall Street Journal’s article, “Companies Get Creative in Hunt for AI Talent”. The partnership came about thanks to Synchrony’s highly engaged Research Park innovation center, where the company  has hired dozens of students. The Synchrony Emerging Technology Center opened at Research Park in 2018. In 2019, it doubled its physical space and intern team, pulling from students from a variety of disciplines, including computer science, math, statistics, business, information sciences, and more. See more about the 2020 Datathon here. 

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EnterpriseWorks Features Media Mentions News Recognition & Awards Research Park

EnterpriseWorks Verizon 5G Innovation Hub Highlighted by EdTech Magazine

Ed Tech Magazine’s Summer 2021 edition features a two-page spread telling the story of the Verizon 5G Innovation Hub at the University of Illinois Research Park. The article details how the hub became the first of its kind on a college campus, and discusses the advantages of the hub for both the private sector and university researchers. “The result of a partnership with Verizon, the Innovation Hub is bringing together small startups, large companies and university researchers and students to collaborate on new use cases for 5G, says Laura Frerichs, executive director of the Research Park. “My hope is that both our companies and our researchers are able to invent ahead of others what’s possible with 5G,” she says. “Rather than talk about the technology in terms of hypotheticals, they will be able to try it out and learn from each other.”

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EnterpriseWorks Features Media Mentions News Recognition & Awards Research Park

EarthSense Co-Founder Featured by BBC

Girish Chowdhary, co-founder of EnterpriseWorks startup EarthSense, was featured in a BBC article for his expertise in the field of agricultural robotics. Chowdhary explains that largely autonomous farms are just over the horizon, as many emerging technologies, such as robots that can monitor the health of crops, are being put to use in research fields. “A farm is going to need different kinds of robots,” says Chowdhary. “Some of them are going to be very small…others are going to be big, perhaps even as big as the combine harvester. There will be an autonomous system that is co-ordinating this team of robots, telling them what they need to do in order to get different tasks done.” In addition to robots, Chowardly predicts that drones will be increasingly utilized in the agricultural domain. “Drones are really good at covering a lot of space… they can go somewhere and spray something, or take a picture, really quickly,” says Chowdhary. EarthSense is creating dramatic new possibilities for crop breeders, plant protection products developers, crop scientists, and field agronomists. TerraSentia, their first robot, improves the quantity, accuracy, cost, and speed of in-field plant trait data collection, specifically for under canopy plants. EarthSense machine vision and machine learning-based analytics seamlessly convert field data to specific, actionable information about plant-traits.

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Investments Media Mentions News Recognition & Awards Research Park

Research Park Recognized in Site Selection Magazine’s 2020 Illinois Investment Guide

Research Park was recognized in Site Selection Magazine’s 2020 Illinois Investment Guide as a leading force in the field of agriculture technology. Over the past 5 years, the agriculture sector at Research Park has grown at a rapid rate, quickly becoming the fastest-growing sector and accounting for nearly one-third of Research Park’s companies.  The current focus of the agriculture sector at Research Park is the marriage of agriculture to digital technologies, allowing companies to be at the forefront of software-driven, precision agriculture; a movement that Research Park has long been the driving force behind. It is for these reasons that “the world’s most powerful agribusinesses are planting stakes at the University of Illinois Urbana-Champaign… arriving in pursuit of that next big advance in how to grow things,” wrote reporter Gary Daughters of Site Selection Magazine.  According to Gary Daughters, Research Park’s success in the agricultural technology industry is accredited by its unique location at the cross-section of urban and rural Illinois, its reputable student intern program, and the unwavering commitment to the advancement of companies and startups within Research Park.  To learn more about how technology solutions are addressing some of the most significant challenges facing agriculture today, please join Research Park at our annual AgTech Innovation Summit. 

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EnterpriseWorks Features Media Mentions News Recognition & Awards Research Park

EnterpriseWorks Startup Aspiring Universe founder’s study Highlighted By Forbes

Kaiyu Guan, founder of EnterpriseWorks startup Aspiring Universe, was a principal investigator to the University of Illinois report, Redefining drought in the US corn belt. This report was featured in a Forbes article.  Stating the climate is now trending warmer and drier, global food security is now increasingly dependent on crops’ ability to withstand droughts, and producers aren’t focused on the right metrics when measuring crop-relevant droughts.  Kaiyu Guan said, “Plants have to balance water supply and demand. Both are extremely critical, but people overlook the demand of the equation, especially in the U.S. Corn Belt. If you only consider rainfall and soil moisture, that’s mostly describing the supply side. Of course, if you have low soil moisture, plants will be stressed by how much water they get. However, the demand side from the atmosphere can also severely stress plants. We need to pay more attention to that drought signal.” Aspiring Universe (ASP) is a farming financial risk modeling company. ASP helps financial institutes, public agencies, and individual producers to quantify, manage, and reduce financial risks in the farming-related business.  They aim to monitor and model every crop field’s financial risks in the United States and worldwide. ASP has developed revolutionary approaches to rate historical and real-time financial risks for each crop field and each farmer, by integrating advancing technology in three domains: satellite/corp modeling, artificial intelligence, and agricultural finance modeling.

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EnterpriseWorks Features Media Mentions News Research Park

Illinois Soybean Association Examines AgTech Sector Growth at Research Park

A report in the July issue of the Illinois Soybean Association magazine Soy Perspectives examines the burgeoning AgTech startup scene at the University of Illinois Research Park. Reporter Tim Alexander highlights two high-performing agtech startups, EarthSense and Aspiring Universe, as well as the new Illinois AgTech Accelerator that will launch officially this fall. EarthSense and Aspiring Universe are both located at EnterpriseWorks, the technology business incubator at Research Park. “In addition to gener8tor’s Illinois AgTech Accelerator program, which will take five fledgling agtech startups under its wing, others like Aspiring Universe and EarthSense are developing and marketing next generation, field-applicable technology that will benefit soybean farmers,” Alexander wrote.

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Features Media Mentions News Research Park

The Economist Profile of the Midwest Highlights Research Park’s Focus on Technology Commercialization

An in-depth, multi-story report on the Midwest economy published in the Economist’s July 23 edition included a snapshot of the University of Illinois Research Park, highlighting its commitment to commercialize technology and to capture talent on its own campus – creating a tech hub that is a viable alternative to the coasts. One portion of the report, “A Region with Outsized Punch,” focused on how top Midwest universities drive economic prosperity by supplying a talented, educated workforce and developing advanced technology. Reporter Adam Roberts visited UIRP and EnterpriseWorks in March, meeting with startups and touring with Laura Frerichs, UIRP Executive Director. Laura Frerichs … “says her university—with 13,000 engineering students and more mathematics phds than anywhere in America—learned from that experience. It has since put up 17 buildings for entrepreneurial students and recent graduates.” The story highlights some of the Research Park’s stellar startup stories, including EarthSense, Reconstruct, and SimBioSys, but doesn’t mention them by name. The story is available online, but subscription is required to read it. 

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