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    EnterpriseWorks News Recognition & Awards Research Park

    Cozad New Venture Challenge Teams Win Get Started Prizes, Affiliate Membership from EnterpriseWorks

    EnterpriseWorks and Research Park awarded prizes valued at $30,000 to 10 teams who competed in the 2023 Cozad New Venture Challenge. CNVC kicked off in early February with over 100 competing teams representing 11 colleges. The teams attended 4 workshops on customer discovery, value proposition, financials, and presentation skills, besides optional skills development workshops. Nearly 90 startup teams made it to the Demo Showcase that took place on April 13 at the Illinois Conference Center at Research Park. Congrats to Zite AI, whose office is on the second floor of EnterpriseWorks, for capturing fourth place and winning a $5,000 investment. Zite AI makes small business owners’ dreams come true by helping them select the perfect location to open their business, increasing their revenues, and reducing the risk of failure. The team members represent Grainger College of Engineering (Industrial & Enterprise Systems Engineering). Get Started! Prize: Winners: The Get Started! Prize offers up to $5,000 per team to leverage professional consultants and experts to assist with company legal formation, branding, business strategy, and getting your team launched as a company. Services will be provided by Entrepreneurs-in-Residences on an hourly basis or approved regional professional firms. ClimeCast Enviro ReSeed Solutions Sakura MedTech Zite AI All finalists received Affiliate Membership at EnterpriseWorks. This includes use of co-working space, access to conference rooms, common areas, support services, and entrepreneur assistance. Enviro Sakura MedTech Zite AI Beacon Hatch Integrated Dynamics Top Tier CNVC is a campus-wide program that provides mentoring to teams through the phases of venture creation, and resources in idea validation, pitching skills, and customer development. The teams pitched their startup ideas to about 105 past Cozad alumni, investors, mentors, faculty, sponsors, and partners of the University of Illinois entrepreneurship ecosystem who served as judges. Past participants of the program include EnterpriseWorks graduates Mesh++, Prenosis, Cast21, Psyonic and Serionix, in addition to EnterpriseWorks startups Natrion and DeepWalk.

    Cozad New Venture Challenge Teams Win Get Started Prizes, Affiliate Membership from EnterpriseWorks Read Post »

    EnterpriseWorks News Research Park

    Illinois AgTech Accelerator Launches Fifth Cohort with Five Startups

    CHAMPAIGN, Il. – The Illinois AgTech Accelerator kicked off the 2023 gener8tor AgTech cohort on March 20, with Serra Ventures serving as a key partner. The accelerator is investing $100k in five high-growth AgTech and agriculture startups, providing a concierge, white-glove experience to each of them. EnterpriseWorks startup Boston Bioprocess is among the five companies chosen to participate. The others include Milwaukee-based Agricycle; Toronto-based Just Vertical; Brazil-based DigiFarmz Smart Agriculture; and Boston-based RevivBio. At the end of the program, startup founders will pitch their companies to investors, community partners and the public at a showcase event at Parkland College on June 6. The gener8tor AgTech Accelerator is designed to set a path for startups emerging ag and food technologies succeed by leveraging local, regional and global partnerships with investors, corporations and academic institutions. “We’re excited to partner with gener8tor to help support early-stage AgTech and Agriculture startups in the Midwest,” said Dennis Beard, managing partner at Serra Ventures. “Illinois is home to world-class institutions like the University of Illinois, and we believe this partnership can help grow the next generation of startups in the region.” Other program supporters include Agri-Fab, GEM Realty Capital, University of Illinois Research Park, Champaign County Economic Development Corporation, and BASF. Startup companies and founders interested in learning more about the Illinois AgTech Accelerator and resources or applying to a future program are encouraged to visit the gener8tor website.

    Illinois AgTech Accelerator Launches Fifth Cohort with Five Startups Read Post »

    Features News Research Park

    AgTech Thought Leaders Highlighted in Latest Research Park Podcast

    The most recent episode of the Innovations @ Research Park Podcast features interviews held on-location with several panelists and speakers from the Research Park’s 8th annual AgTech Summit held on March 7, 2023. They include: Kim Kidwell – Associate Chancellor for Strategic Partnerships and Initiatives at UIUC. Discusses UIUC’s continued presence in agtech innovation, among other topics. Brad Arnold- SVP, General Manager Precision, AGCO Corporation. Discusses trends in precision ag and data management among other topics. Michael Tai- Co-founder & CEO, Boston Bioprocess. Discusses importance of bioprocessing techniques for agricultural and non-food products such as alternative proteins, among other topics. Eric Barnard- Co-Founder and CTO at Farmers Risk. Discusses farmer risk management through advanced analytics, among other topics. Dennis Beard- Managing Partner & Tim Hoerr – CEO, Serra Ventures. Discusses venture capital investment in agtech space, among other topics. Nick Reinke- CEO, HabiTerre. Discusses quantifying agricultural outcomes, among other topics. Listen to host Tanmay Shaw’s conversations had with innovators live from the AgTech Innovation Summit in the latest edition of the Innovations @ Research Park Podcast. To listen to the podcast, visit Apple podcasts, Spotify, or wherever you prefer to download your podcasts. 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? Contact Laura Bleill (lwbleill@illinois.edu).

    AgTech Thought Leaders Highlighted in Latest Research Park Podcast Read Post »

    Community EnterpriseWorks Events News Research Park

    Puzzle Labs, Research Park Launch “Working in AI” User Group

    EnterpriseWorks startup Puzzle Labs, together with Research Park, is launching a new local meetup group to build community around AI. “Working with AI” is for anyone in the Champaign-Urbana area interested in exploring Artificial Intelligence and its real-world applications. It will meet on the second Friday of each month at EnterpriseWorks in the Research Park. Meetings are free and open to the public. The group aims to provide a platform for learning, networking, and collaboration among individuals and organizations working with AI or looking to get started in this field. Anyone interested in learning more about AI, including students, professionals, researchers, and enthusiasts, are welcome. The group will include those just starting out or have years of experience working with AI. “The primary goal is to foster a community of AI enthusiasts and experts, where we can share knowledge, exchange ideas, and collaborate on projects related to AI. We aim to cover a broad range of topics related to AI, including machine learning, computer vision, natural language processing, robotics, and more,” said Brad Miller, COO of Puzzle Labs. The Research Park hosts several technical meetups, including the Champaign-Urbana Data Science User Group, the Champaign Urbana Cloud Computing User Group, and the Champaign-Urbana Blockchain User Group. For the latest speaker lineup and to register for lunch, please check out the Research Park event calendar. Please contact Brad Miller, Ph.D., COO of Puzzle Labs, with any questions at brad@puzzlelabs.ai.

    Puzzle Labs, Research Park Launch “Working in AI” User Group Read Post »

    News Recognition & Awards Research Park

    Milhouse Appointed to the University of Illinois Board of Trustees

    Governor JB Pritzker has appointed Wilbur C. Milhouse III to serve as a Member of the University of Illinois Board of Trustees.  Milhouse is a two-time graduate of the University of Illinois Urbana-Champaign, where he earned a M.S. in Structural Engineering and in Civil Engineering and a B.S. in Civil Engineering. Since 2019, Milhouse has served on the Research Park Board of Managers.  Pending confirmation by the Illinois Senate, Milhouse will fill the seat vacated by Naomi Jakobsson. His term runs through Jan. 15, 2029.

    Milhouse Appointed to the University of Illinois Board of Trustees Read Post »

    Events News Recognition & Awards Research Park

    Eric Miller Awarded 2023 Glen “GB” Brandt Prize for Ag Entrepreneurism

    Champaign, Illinois (March 7, 2023) — Eric Miller has been named the recipient of this year’s Glen “GB” Brandt Prize for Ag Entrepreneurism, an award that honors a grower/producer/farmer who exemplifies an entrepreneurial spirit and advances innovation through their business practices. Miller farms 400 acres in Piatt County, where he works extensively with University of Illinois researchers. “Eric is passionate about conserving and efficiently using the resources that make Illinois agriculture so productive and envied. He’s not only given University of Illinois staff access to his entire farm, but for a sufficient period that allows longitudinal studies. This scale and timeframe help identify much more predictable and repeatable ‘proof of concept’ outcomes,” said his nominator, Daniel Schaefer, Director of Nutrient Stewardship at the Illinois Fertilizer and Chemical Association. The award was announced at the 2023 AgTech Innovation Summit, hosted by the University of Illinois Research Park. Karl Barnhart, Chief Marketing Officer of BRANDT, presented the award to Miller. “Eric is exactly the kind of grower we envisioned that the GB Prize could support when we established it three years ago,” said Barnhart. “Just like Glen Brandt, Eric is a real entrepreneur in the field of production agriculture. On behalf of The BRANDT Foundation, congratulations, Eric.” Miller said he hopes partner with BRANDT as he deploys the award’s $10,000 prize. He recently entered an agreement to expand his farm’s facilities Miller has assisted the University of Illinois with large-scale on-farm research since 2014. During the past eight years, Miller has transitioned his Central Illinois farm into a dedicated crop production improvement site. He performs field operations and collects data per the requirements of projects that are assigned to the farm. The goal is to develop strategies that simultaneously improve yield, environmental and economic outcomes. This crop improvement site is helping to define the future of Illinois agriculture. Some examples of testing that is taking place at the site include long-term monitoring of soil carbon, greenhouse gas emissions, various soil health metrics and yield. The Glen “GB” Brandt Prize for Ag Entrepreneurism was established in 2021 in honor of Glen “GB” Brandt, a legendary figure in the field of Illinois agriculture, who passed away in late 2020. The BRANDT Foundation partnered with the University of Illinois to provide the winner a $10,000 prize. Previous Glen “GB” Brandt Prize for Ag Entrepreneurism winners include: Matt Riggs, 2022 Will Glazik, 2021 About the BRANDT Foundation  The BRANDT Foundation was established in 2012 as a philanthropic extension of BRANDT, Inc. The Brandt family has always stood with their communities and as their company grew, so did the opportunities to give back. The BRANDT Foundation offers donations, grants, and support to the charities, organizations, and communities that reside in the same area of the company; geographically and industry-related. About the AgTech Innovation Summit  The AgTech Innovation Summit is an interactive conference where participants learn and share knowledge about the current state of agtech and get a looking into the future through dynamic panels, inspiring keynote presentations, and networking opportunities. It is produced by the University of Illinois Research Park in partnership with the College of ACES and the Office of Corporate Relations. One of the premier AgTech hubs in the nation, Champaign-Urbana is uniquely positioned to bring together entrepreneurs, investors, academics, and industry for learning, networking, and advancing this sector.

    Eric Miller Awarded 2023 Glen “GB” Brandt Prize for Ag Entrepreneurism Read Post »

    News Recognition & Awards Research Park

    Farmers Risk Awarded 2023 Edwin Moore Family Agriculture Innovation Prize 

    Champaign, Illinois (March 8, 2023) – Farmers Risk, a startup company that is developing tools for farmers to better understand their risk management strategies, has been named the 2023 Edwin Moore Family Agriculture Innovation Prize winner. The award, generously funded by a family of University of Illinois alumni, rewards University of Illinois entrepreneurs focusing on agricultural innovations.  The Research Park and the Moore family together presented the award to Farmers Risk co-founder Eric Barnard during the 2023 AgTech Innovation Summit at the Illinois Conference Center in Champaign, Illinois.  The company operates out of an office at EnterpriseWorks, the technology incubator in the Research Park.  Farmers Risk is working to create a variety of software tools that allow farmers to easily monitor their risk, trade with confidence and be aware of all of their possible business options. The goal of the startup is to give farmers more access to data that can help improve their own outcomes and make more profitable decisions. Its analytical tools help farmers more effectively market their grain, buy crop insurance, hedge their crops as well as improve their overall revenue decision-making. These revolutionary tools are helping to innovate the future of agtech, and are giving farmers the tools they need to make the right decisions in their industry.   The Edwin Moore Family Agriculture Innovation Prize’s goal is to encourage startup companies engaged in the development of new innovative technologies that may lead to increased productivity and/or efficiency in farming, or to create new agricultural opportunities, including new processes, new crops, and new food production systems.  Previous Edwin Moore Agriculture Innovation Fund winners include:  FrostDefense Envirotech, 2022 Epivara, 2021 Habiterre (formerly Aspiring Universe), 2020 TellTail, 2019 EarthSense, 2018 Soil Diagnostics, 2017  For more information about Farmers Risk, visit its website here.  About the Edwin Moore Family Agriculture Innovation Prize  The Edwin Moore Agriculture Innovation Fund was established in 2016 with a generous gift to EnterpriseWorks, the University of Illinois Urbana-Champaign’s technology incubator. The award honors the legacy of Edwin E. Moore (1924), who graduated from the University of Illinois College of Agriculture and began farming in Will County. Throughout his agricultural career, he and his wife, Iva, used innovative farming practices for both crop production and livestock management. Two of their four children became farmers, Edwin and Thomas (1953, College of Agriculture), and continued use of innovative farm practices. Subsequent generations of Edwin Moore’s family have continued to pursue farming and ag related careers capturing the same innovative spirit.  About the Research Park at the University of Illinois  The Research Park at the University of Illinois at Urbana-Champaign is a technology hub for startup companies and corporate research and development operations. Within the Research Park there are 120 companies employing students and full-time technology professionals. More information at researchpark.illinois.edu.  

    Farmers Risk Awarded 2023 Edwin Moore Family Agriculture Innovation Prize  Read Post »

    Community Events News Partnerships & Acquisitions Recognition & Awards Research Park

    2023 Research Park AgTech Summit Attracts Global Audience, Speakers

    Research Park welcomed more than 600 registered participants from 200 companies for the 2023 AgTech Summit. Attendees hailed from across the Midwest and around the globe.  The agenda featured panels on hot topics including sustainability in agriculture, carbon strategy, opportunities in alternative proteins, the future of the agtech workforce, and the intelligent farm. The event concluded with a panel of growers and producers from across Central Illinois sharing their perspective on many of those topics addressed in earlier discussions. The moderators and panelists represented a range of the actors in agtech, including startups, investors, academics, industry, media, growers, government, and non-profit. The AgTech Summit is a free event that is open to the public, true to the land-grant mission of its host institution. Thanks to the 2023 AgTech Summit sponsors who made the event possible:  John Deere, World Business Chicago, Bayer, Corteva, Cargill, GDM, Sikich, and Kin + Carta. The AgTech Summit is hosted by University of Illinois Research Park with support from the University of Illinois, the College of ACES, and the Office of Corporate Relations. The AgTech Summit is the flagship event for Champaign-Urbana AgTech Week. 2023 was the fourth annual C-U AgTech Week. Save the date for next year’s AgTech Summit on Tuesday, March 5, 2024. NEWS BITES: March 7, WCIA: U of I kicks off AgTech Week March 6, WCIA: AgTech Week back for fourth year See below for the 2023 agenda.  7:30 AM REGISTRATION OPENS  8:00 AM WELCOME AND OPENING REMARKS  Laura Appenzeller | Executive Director, University of Illinois Research Park  8:05 AM CHAMPAIGN-URBANA WELCOME WEEK PROCLAMATION Deborah Frank Feinen | Mayor, City of Champaign Diane Wolfe Marlin | Mayor, City of Urbana 8:15 AM THE JOURNEY OF SUSTAINABILITY Brad Arnold | SVP, General Manager Precision, AGCO Corporation Paul Hunter | Global Sustainability Manager, Kin + Carta Emily Heaton | Regenerative Ag Stakeholder Coordinator, UIUC College of ACES Moderator: Kim Kidwell | Associate Chancellor for Strategic Partnerships and Initiatives, University of Illinois Urbana – Champaign 9:15 AM OPPORTUNITIES IN ALTERNATIVE PROTEINS Michelle Ruiz | CEO & Co-founder,  Hyfe Sean Madison | Director of North American Business Development, Innovafeed Michael Tai | Co-founder & CEO, Boston Bioprocess Moderator: Jack Marck | Managing Director, Illinois AgTech Accelerator 10:15 AM BREAK 10:30 AM CARBON STRATEGY IN AGTECH Dennis Beard | Managing Partner, Serra Ventures Nick Reinke | CEO, HabiTerre  Ross Bricklemyer | Modeling Strategy Lead, Bayer Crop Science Moderator: Lisa Ainsworth | Research Leader, USDA ARS 11:30 AM GLEN “GB” BRANDT PRIZE FOR AG ENTREPRENEURISM  11:45 AM LUNCH 12:30 PM THE FUTURE OF THE AGTECH WORKFORCE Laura Gerstner | Director of Precision Tech Enterprise Program Management, CNHI Maggie Brickerman | Partner,  gener8tor  Jen Quinlan | Food & Agtech Innovation Program Lead, Cargill Amy Funk | Director, Jackie Joyner Kersee Foundation, Agriculture and Nutrition Innovation Center Moderator: Amy Fruehling | Sr. Director Corporate Relations, UIUC College of ACES 1:30 PM MOORE INNOVATION PRIZE AND STARTUP PRESENTATION  1:45 PM BREAK 2:00 PM THE INTELLIGENT FARM Brian Sutton | Founder and President, AirScout Mark Moran | Tech Innovation Leader, John Deere Connie Bowen | Co-Founder, Farmhand Ventures Jeff Klock | North America Digital Strategy Leader, Cargill Moderator: Germán Bollero, Interim Dean, UIUC College of ACES 3:00 PM PERSPECTIVE OF GROWERS & PRODUCERS Mark Scholl | President, J and M Scholl, Inc. Lena Head | Co-Owner & External Relations Manager, Head Bros. Land and Cattle LLC Matt Riggs | President, Riggs Beer Company Moderator: Sarah Michaels | Agriculture Reporter, WEEK 25 4:00 AGTECH SHOWCASE & NETWORKING RECEPTION  You’re invited to join us for the AgTech Showcase & Networking event immediately following the Summit at the Illinois Conference Center. The AgTech Showcase is an opportunity to connect with other attendees and see what innovations companies are working on. Snacks and beverages will be provided.  

    2023 Research Park AgTech Summit Attracts Global Audience, Speakers Read Post »

    EnterpriseWorks Investments News Research Park

    Illinois Ventures Launches Illini Angels Investment Network

    WCIA interviewed Brandon Yates, CEO of EnterpriseWorks startup DeepWalk, said having such a focused source of early-stage capital available for entrepreneurs will be a game-changer. Watch his interview here.  Read the full Illini Angels press release HERE.  Illinois Ventures – the U of I System’s venture capital arm and a tenant at EnterpriseWorks – and a group of leading alumni from the University of Illinois Urbana-Champaign announced the formation of Illini Angels on Feb. 27. It will support early-stage companies that have founders or leadership who are connected to the U of I System family – faculty, alumni, or students from any of the three universities, as well as companies that license university technology. That support will include seed funding, advice, and mentorship. The angel network plans to focus on innovative companies that leverage the University of Illinois at Urbana-Champaign’s expertise in fields like engineering, computer science, healthcare, ag tech, and energy. “There’s been such pent-up demand for this idea. Illinois entrepreneurs, faculty, and staff are regularly approached by alumni who would like to invest in or engage with our university startups. They know that great opportunities are born there every day,” said Nancy Sullivan, CEO and managing director of Illinois Ventures.

    Illinois Ventures Launches Illini Angels Investment Network Read Post »

    News Research Park

    Congresswoman Budzinski Tours Agtech Assets, Meets UIRP Leaders

    Agtech, cleantech and energy, tech workforce, and manufacturing were among the hot topics during Rep. Nikki Budzinski’s visit to Research Park on Feb. 23.   Her itinerary included attending the monthly meeting of the corporate innovation site leads; a tour of the new ADM Science and Technology Center; and time with RIPE chief researcher Prof. Steve Long and a trip to see groundbreaking research at the RIPE greenhouse.  Learn more form IPM News.

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