Recognition & Awards

EnterpriseWorks News Recognition & Awards Research Park

EnterpriseWorks Startup PSYONIC wins Product of the Year at Fourth Revolution Awards

EnterpriseWorks startup PSYONIC received the Fourth Revolution Awards’ Product of the Year honors during a virtual ceremony held Oct. 13. PSYONIC was also a finalist in the Rising Star of the Year category along with former EnterpriseWorks startup, Cast21. Former EnterpriseWorks student startup, Mesh++ was awarded Rising Star of the Year. The Fourth Revolution Awards celebrates regional manufacturing for its leadership and innovation as the industry stands on the brink of a new technological revolution. The ceremony culminates in the presentation of eight awards to deserving leaders, companies, and industrial initiatives that have made significant contributions to the Midwest region’s manufacturing ecosystem.  PSYONIC makes advanced bionic limbs that are accessible to all people with amputations. PSYONIC launched the Ability Hand (Patent Pending), its first product, in 2019 which was an advanced bionic hand that was the fastest on the market, easy to control, provided touch feedback, and was robust to impacts. Dr. Aadeel Akhtar, CEO and Founder, received his PhD in Neuroscience and MS in Electrical & Computer Engineering from the University of Illinois at Urbana-Champaign. Cast21 is introducing a medical cast for treating broken bones to increase patient comfort and decrease medical complications. This product is completely waterproof, and its open design allows enables doctors to see the break site and dress accompanying wounds. Ashley S. H. Moy, CEO and Founder, received her BS in Bioengineering from the University of Illinois at Urbana-Champaign. Mesh++ brings WiFi everywhere, regardless of preexisting infrastructure. Their efficient routing protocol allows for small, solar-powered routers to support high-speed access without the need for electrical, ethernet, or physical supports. They hope to bring online resources to outdoor spaces around the world. Danny Gardner, CEO and Founder, received his BS in Electrical and Electronics Engineering from the University of Illinois at Urbana-Champaign. https://www.youtube.com/watch?v=BcIB5_MhQck&feature=youtu.be&t=2075

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EnterpriseWorks News Recognition & Awards Research Park

Genective Named Finalist in Agrow Crop Science Awards

Genective, an agtech company that opened its new global headquarters at Research Park in March, is a finalist for Agrow’s Crop Science Awards 2020 in the “best industry collaboration” category. Genective was nominated together with collaborator AgBiome.    The award winners will be announced on Nov. 4. Learn more about the awards on Chemical Week.

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EnterpriseWorks News Recognition & Awards Research Park

SBA Awards FAST Grant to EnterpriseWorks at the University of Illinois

CHAMPAIGN – The State of Illinois today announced that EnterpriseWorks, the tech incubator at the University of Illinois at Urbana-Champaign’s Research Park, has been awarded a Federal and State Technology (FAST) Grant through the U.S. Small Business Administration (SBA) to support the growth and development of tech companies across the state. The university-based tech hub is one of 24 awardees nationwide granted by the SBA’s Office of Innovation and Technology under the FAST Partnership Program. “Illinois is already a leader in tech, and this new FAST Grant will position one of our leading drivers in tech innovation to help more bold Illinois entrepreneurs take their business to the next level,” said Governor JB Pritzker. “New investments in entrepreneurs working through the EnterpriseWorks incubator will complement the work we’ve done to make Illinois a top destination for tech – with talent and ground-breaking research coming out of our tremendous universities essential to propelling the state’s tech economy. Congratulations to the U of I Research Park team on this prestigious award that will help support more homegrown tech companies compete for resources they need to start and grow right here in Illinois.” The FAST grant provides funding to expand training, mentoring, and assistance to help research and development focused small businesses access federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) seed capital.  EnterpriseWorks will leverage its $125,000 grant to expand the reach of its incubator services and to improve seed funding outcomes for more entrepreneurs and companies across the state – with a focus on increasing participation from women-owned, rural-based, and socio-economically disadvantaged small businesses. “We are very grateful to the SBA for this opportunity to help elevate the State of Illinois ecosystem’s participation in the SBIR program, and our aim is to bring more SBIR funding to Illinois,” said Laura Frerichs, Executive Director of the University of Illinois Research Park and the EnterpriseWorks incubator.  “We have diligently worked to build support systems for innovative entrepreneurs both here in the Champaign-Urbana tech community and with partners statewide. The FAST Partnership will provide us with more bandwidth and resources to broaden participation in the SBIR program and work more intentionally with underserved communities.” The award is the result of a competitive review process conducted by the SBA and SBIR, as well as a nomination from the State of Illinois. The application process required support from the State of Illinois, which is limited to just one organization. As the sponsoring agency, the Department of Commerce and Economic Opportunity (DCEO) chose EnterpriseWorks through a competitive process. “U of I’s EnterpriseWorks’ new FAST grant will provide a boost for tech and science entrepreneurs in communities across Illinois,” said Illinois Department of Commerce and Economic Opportunity (DCEO) Director Erin B. Guthrie. “While Illinois is known as a powerhouse for tech, under Governor Pritzker’s leadership, we are committed to making investments that make entry into this space more accessible for companies of all types and sizes. DCEO is proud to nominate U of I’s EnterpriseWorks program for this prestigious funding that will help advance growth opportunities for more companies throughout Illinois, and which could pave the way to the next big research breakthrough out of Illinois.” The FAST program supports innovative entrepreneurs from underserved communities by helping them compete for federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs which provide essential seed capital to jumpstart companies and sustain their future growth. “All across the country, our FAST partners address the unique needs of next-generation, high-tech small businesses,” said SBA Administrator Jovita Carranza.  “In Illinois, the FAST Grant will bolster efforts by the University of Illinois’ tech business incubator, EnterpriseWorks, to support more innovative entrepreneurs from underserved communities – a primary mission for the SBA. Programs like FAST are more critical now than ever before as the SBA is laser-focused on helping small businesses recover and once again propel the national economy forward.” At EnterpriseWorks, the FAST support will fund training programs and workshops as well as individual mentoring, grant preparation assistance, and technical assistance to entrepreneurs and interested applicants. EnterpriseWorks partners with a network of technology consultants, innovators, and entrepreneurs to provide training, technical assistance, and mentoring to technology startup clients locally and across the state. Since its founding in 2003, EnterpriseWorks has helped R&D focused startups and small businesses to receive 471 SBIR/STTR awards totaling over $154 million. With about a third of its clients based in Champaign, the incubator has committed to leveraging FAST funds to broaden its reach so that it can support more clients from across the state. Research Park at the University of Illinois at Urbana-Champaign is an innovation hub for startups and companies. This vibrant ecosystem is home to over 120 companies, as well as EnterpriseWorks, the 43,000 sq ft business incubator specializing in early stage tech firms. The incubator provides a multitude of assistance, including research commercialization, entrepreneurship support, seed funding opportunities, networking opportunities with potential partners and investors, and workshops. The University of Illinois at Urbana-Champaign will be the Illinois host for the 2020 SBIR Week in the Midwest, scheduled for Oct. 19-22. Participants can register for FREE here.  EnterpriseWorks also hosts free SBIR/STTR workshops each fall and spring, which are available virtually.  The next series starts on Sept. 29.  Illinois’ university system is essential to propelling the state’s tech economy. According to the Illinois Science and Technology Coalition (ISTC) 1,064 startups were founded by students and faculty of Illinois’ universities over the past five years. Nearly three out of five of those startups remain active (59.4 percent), and more than two-thirds remain located in Illinois (68.5 percent). These startups have direct economic benefit to the state through new job creation – those founded in Illinois over the past five years have created nearly 3,300 jobs. Since taking office, Governor Pritzker has made expanding tech and access to capital for tech among his top priorities for economic development. A focus of the Governor’s 5-year plan to renew economic growth, technology is one of six core industries targeted for planned growth by fostering

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EnterpriseWorks News Recognition & Awards Research Park

Aspiring Universe Partners with ARPA-E to Create Sustainable Future for Agriculture

The University of Illinois has been awarded $4.5 million by the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E)  to create and commercialize carbon credit tools. EnterpriseWorks startup Aspiring Universe, will be in charge of the commercialization of this project to achieve ARPA-E’s “technology-to-market” goal. Aspiring Universe is a farming financial risk modeling company that aims to de-risk and sustain modern agriculture for humanity. “We are developing novel technology to enable a thriving market-based solution to promote agricultural sustainability. Our developed technology will enable a carbon credit market, which will incentivize farmers to adopt management practices that benefit the soil, the environment, and then reward themselves,” says Kaiyu Guan, founder of Aspiring Universe and Blue Waters Professor in the Department of Natural Resources and Environmental Sciences and College of ACES at the University of Illinois at Urbana-Champaign. For the full article, click here. Aspiring Universe’s Achievements: Aspiring Universe Wins 2020 OCP Innovation Challenge Aspiring Universe Corporation Awarded 2020 Edwin Moore Family Agriculture Innovation Prize

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EnterpriseWorks News Recognition & Awards Research Park

AirV Labs Wins Prestigious Manufacturing Innovation Award for Novel Virtual Reality Technology

AirV Labs, a global leader in rapid creation of mixed reality content for advanced human centered applications, has won the NASSCOM Manufacturing Innovation Challenge 2020 in the 360° Virtual Tour of Plant category for the company’s novel use of 360° video technology. Launched by NASSCOM Centre of Excellence (CoE), the challenge offered a premier, collaborative platform for industry leaders and startups to bring about a digital shift in the manufacturing sector while fostering the innovation ecosystem in India. With the award comes a guaranteed commercial project from Bayer Crop Sciences, India. AirV Labs is a technology company based at EnterpriseWorks that specializes in virtual reality-based solutions, including analytics. Among its groundbreaking product solutions, it has developed a proprietary authoring tool called the AirVu™ Platform for industrial, enterprise, and educational 360° video applications. The award-winning technology allows integration of 360° video of a given scenario with three-dimensional (3D) data such as CAD, graphs, medical charts, functioning model of machines, and automation, as well as with enterprise-level information like bill of material, circuit diagrams, inventory, barcodes and more. AirV Labs can rapidly prototype highly-advanced cyber learning platforms that leverage the strengths of virtual, augmented andmixed reality technologies to create a new immersive interface for the users. “AirV Labs is proud to be the winner of 360° Virtual Tour of Plant, selected from a crowded field of competitors,” said Mr. Faisal Yazadi, CEO AirV Labs USA. “Winning such a prestigious award is validation of our novel technology, which is primed to meet the growing demands of industry to deploy cost-effective, scalable solutions, while addressing collaboration in distributed environments and advanced training with minimized social interactions. Our global team is ready to deliver innovative, mixed reality projects through collaboration and partnerships with industry leaders.” “The current business scenario has undergone a paradigm shift and it necessitates businesses to re-strategize,” said Mr. Chinmay Sengupta, CEO, AirV Labs India. “Our technology will enable businesses to conduct their global operations more sustainably, while changing the way their teams experience and learn through progressive virtual environments.” AirV Labs was founded by Dr. Kesh Kesavadas, professor of industrial engineering and computer science at the University of Illinois at Urbana-Champaign. Read the entire news release online. 

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EnterpriseWorks Graduates Investments News Recognition & Awards Research Park

EnterpriseWorks Graduate PhotoniCare Receives Over $7 Million in Funding from Series A and Phase ll SBIR

CHAMPAIGN, IL.- EnterpriseWorks Graduate PhotoniCare, Inc., a company dedicated to revolutionizing healthcare by providing physicians with better diagnostic tools, announced an oversubscribed $5.2 million Series A financing led by i2E Management Company Inc., with co-investment from OSF Ventures, Sony Innovation Fund, and Dreampact Ventures. The company also announced that it has received a $2.1 million Phase II Small Business Innovation Research grant from the National Institutes of Health. The competitive NIH SBIR program funds early-stage small businesses seeking to commercialize innovative biomedical technologies. PhotoniCare is a graduate of the EnterpriseWorks incubator at Research Park, and its technology originated in the bioengineering research lab at the University of Illinois at Urbana-Champaign. PhotoniCare’s CEO and co-founder, Ryan Shelton, is currently the chair of the Champaign-Urbana Tech CEO Roundtable. For the full article, click here. PhotoniCare’s Achievements: PhotoniCare Wins Top Prize at SPIE and Photonics Media Prism Award EnterpriseWorks Graduate PhotoniCare Announces FDA Clearance for First-In-Class Technology for Imaging the Ear PhotoniCare, Inc. Receives Phase I SBIR Award from NIH

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EnterpriseWorks Features Graduates News Recognition & Awards Research Park

EnterpriseWorks Graduate IntelinAir Ranked in Inc. 5000

Inc. introduced its annual ranking of private companies for 2020, and IntelinAir, a 2019 EnterpriseWorks graduate, came in at #714 in the list of 5000 companies.  Companies in the 2020 Inc. 5000 list are ranked according to percentage revenue growth from 2016 to 2019. Inc. reported that IntelinAir has grown by 659%. It is the only Champaign-based company honored in the Inc. 5000 this year. IntelinAir’s AgMRI gathers high resolution aerial images, temperature readings, humidity measurements, rainfall, soil samples, terrain type, equipment utilized, planting rates, applications, and more in order to determine patterns that agronomists and farmers can use in their decision-making.  On March 10, IntelinAir announced that it joined the NVDIA Inception program as a community member, allowing the startup to collaborate with industry-leading experts and other AI-driven startups. In early April of this year, Jacobs’ and IntelinAir announced their partnership, and IntelinAir also partnered with the Wabash Heartland Innovation Network. The agtech company released its AgMRI application for iPhone® in May 2020. IntelinAir is a full-season and full-spectrum crop intelligence company focused on agriculture that delivers actionable intelligence to help farmers make data-driven decisions to improve operational efficiency, yields, and ultimately their profitability. To see the full Inc. 5000 list for 2020, visit the Inc. 5000 2020 page.

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EnterpriseWorks Features Media Mentions News Recognition & Awards Research Park

EnterpriseWorks Graduate Eden Park Illumination Featured in Wall Street Journal After Pivoting Technology to Address COVID-19

Eden Park Illumination, a faculty-founded startup that launched at the  EnterpriseWorks incubator at Research Park, drew the attention of the Wall Street Journal for pivoting its UV light technology to address COVID-19. In the process, it has rejuvenated the company and has experienced unprecedented growth. Wall Street Journal reporter Ruth Simon profiled the company in her recent story, “Covid-19 Shuttered More Than 1 Million Small Businesses. Here Is How Five Survived.” Wrote Simon, in the Journal’s August 1 editions: “Eden Park Illumination Inc. had one product to sell before Covid-19: an ultraviolet light that distinguished real diamonds from fakes. The spread of a deadly virus across the globe shifted the focus of the tiny Champaign, Ill., startup to another ultraviolet light application that it had not planned to introduce for at least two years. This one would disinfect crowded spaces. Within weeks, the 10-person company began shipping prototypes. Eden Park has since delivered more than 1,000 of the lights and added a dozen workers, including a head of manufacturing.” Eden Park Illumination was founded by Gary Eden and Sun-Jin Park, then University of Illinois at Urbana-Champaign electrical engineering faculty members (Eden is now an emeritus faculty member). It graduated from EnterpriseWorks in 2009. Eden and Park remain part of the company; it recently hired a new CEO, John Yerger. Now based on the west side of Champaign, the company manufactures flat panel, thin 222 nm UV lamps that “may provide immediate relief in mitigating COVID-19 outbreaks in populated indoor spaces, including factories, submarines, aircraft carriers, planes, waiting rooms, restaurants and more.” The company has also been profiled on Fox Business News with other mentions on ABC News and the Pittsburgh Post-Gazette.  For more about the company and its technology, visit the Eden Park website.

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Community Events Internships News Recognition & Awards Research Park

Interns Recognized at 2020 Summer Intern Award Ceremony

The Research Park gathered virtually to celebrate the most outstanding interns across its 120+ companies on Thursday, July 28. Fittingly, the ceremony was held on National Intern Day. The students honored as finalists and winners encompass a variety of disciplines, majors, and colleges from across the University of Illinois at Urbana-Champaign, exemplifying the nature of interdisciplinary work that happens at Research Park companies. The end of the academic year and summer has posed many unique challenges for Research Park interns, although they proved surmountable. In the midst of a pandemic, interns definitely had unconventional learning experiences at the Park in comparison to past summers. They formed connections with peers, co-workers, and supervisors while working remotely – without having the chance to meet in-person. Many of them were even in time zones around the world. These interns have impacted the Research Park and their employers through the countless projects they conceived, worked diligently on, and followed through to completion. Thank you to all the managers who took the time to nominate their students. Thank you to the panel of professionals who judged these awards. To watch the entirety of the Intern Awards ceremony, click HERE. Entrepreneurial Leadership in a Startup Grayson Schaer, Research Associate at EditekkUndergraduate in Aerospace Engineering | Grainger College of Engineering “Grayson is a joy to work with because he is a receptive listener and an effective communicator. Grayson is passionate about his work and a quick learner who adapts to various challenges very quickly. Although his undergraduate training was in Aerospace Engineering, he has touched on many areas in his time with us that go well beyond this focus.”   Most Outstanding Undergraduate Intern Harry Zhao, Engineering Intern at CaterpillarUndergraduate in Aerospace Engineering | Grainger College of Engineering “Harry holds a high work ethic; he started on time even when working from home and finished all committed work on time. Harry also has a high potential to be a great leader. This summer, he was assigned three tasks in one week. However, he had long term insight and ask me to change the priority because one customer is desperate to get the correct result from a 1-click tool. The internship in Caterpillar prepares him for his future career and applies his STEM knowledge in real-world problems.” Anders Cox, Plasma Processing Intern at Starfire Industries LLCUndergraduate in Electrical Engineering | Grainger College of Engineering “Anders embedded himself with one of our Ph.D. researchers and became both the ‘right’ and ‘left’ arms of two different projects. Anders worked as an intern last summer, through the fall and into spring, and his dedication and commitment to Starfire, its team, and our mission show that motivation, behavior, and work ethic are valued. Anders deserves this award for his technical contribution and the personal side.” Finalists: Domenic Di Girolamo, Actuarial Intern at State FarmUndergraduate in Actuarial Science | College of Liberal Arts and Sciences Jessica Huang, Market Research Analyst at AbbVie Innovation CenterUndergraduate in Accounting & Information Systems and Information Technology | Gies College of Business   Most Outstanding Graduate Intern Eric Cheng, Data Analyst at AbbVie Innovation CenterPh.D. in Food Science and Statistics “Eric is a conscientious student, bringing attention to detail, a strong work ethic, and a varied skill set to his position at AbbVie. He has contributed value in supporting and expanding his team’s ability to make decisions through the creation of a novel software package. Furthermore, he has supported the long-term use of his contributions with the creation of additional documentation and a more user-friendly interface for future data analysis. His advisor sums up Eric by stating: ‘As a former Professor of Preventive Medicine, I would certainly rank Eric in the top 0.5% of all graduate students that I have ever had.’” Finalists: Jialu Yan, Data Science Intern at CargillPh.D. in Physics Jack Massey, Actuarial Intern at State FarmMasters in Statistics Grant Greenberg, Neuroscience Bioinformatics Intern at AbbVie Innovation CenterPh.D. in Electrical and Computer Engineering   Best Technical Innovation Award Katherine Ritchie, Cancer Metabolic Modeling Intern at SimBioSysUndergraduate in Computer Science | Grainger College of Engineering “Ms. Ritchie’s work ethic, leadership, and behavior have been exemplary over the course of this internship. Despite having to work remotely during the Covid-19 pandemic, Ms. Ritchie has maintained a professional attitude and a dedication to maintaining an office environment. Ms. Ritchie is routinely early to meetings and has no trouble describing her work, presenting challenges she is facing, proposing solutions, and offering suggestions for the work of others in the company. Her diligence, intelligence, and commitment to understanding our workflow have earned the appraisal of the entire leadership team.” Finalists: Ali Taghibakhshi, Student Robotics Intern at John DeerePh.D. in Mechanical Engineering Eric Cheng, Data Analyst at AbbVie Innovation CenterPh.D. in Food Science and Statistics   Best Non-Technical Innovation Nupur Bhardwaj, Human Resources & Community Intern at Motorola SolutionsUndergraduate in Marketing | Gies College of Business “Despite having to work independently and remotely, and Nupur has done a tremendous job with overcoming these obstacles. She has been a self-starter and comes up with all of the wonderful ideas for these events at Motorola Solutions. Nupur deserves this award because she stepped into a role we had never envisioned – creating community – which was very different than what she expected the internship would be. However, she not only embraced the role but excelled in it, far exceeding my expectations. Her efforts made the difference between having an okay internship experience due to COVID-19 and having an amazing internship experience in spite of the circumstances.” Finalists: Vishaank Ghai, Project Manager at COUNTRY Financial DigitaLabUndergraduate in Computer Science & Economics | College of Liberal Arts and Sciences Anne Zulkarnain, UX/UI Designer at CargillUndergraduate in Industrial Design | College of Fine Arts   Most Competent and Collaborative Team Granular Flex Team: Jake Stahl, Undergraduate in Agriculture Business Market and Management | College of Agricultural, Consumer, and Environmental SciencesJordan Breedlove, Undergraduate in Agriculture Business |College of Agricultural, Consumer, and Environmental Sciences “Our Flex Team is

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News Recognition & Awards Research Park

EDA University Center at University of Illinois at Urbana-Champaign Awarded $300,000 CARES Act Recovery Assistance Grant from U.S. Department of Commerce’s Economic Development Administration

The EDA University Center at the University of Illinois at Urbana-Champaign has received $300,000 from the EDA CARES Act Recovery Assistance program to boost capacity and support for entrepreneurs and small businesses addressing the impacts of  the COVID-19 pandemic. Specifically, the funds will support entrepreneurs advancing technologies to address challenges related to the COVID-19 pandemic. In addition, the funding will be used to support informal tech education and training, for individuals as well as small businesses adjusting to the digital economy. “We are pleased to make this investment in the University of Illinois at Urbana-Champaign’s EDA University Center to respond to the coronavirus pandemic by accelerating technology commercialization from research into COVID-19 and prototyping new products to respond to the needs of the pandemic,” said Dana Gartzke, Performing the Delegated Duties of the Assistant Secretary of Commerce for Economic Development. The EDA Center at the University of Illinois at Urbana-Champaign is based at EnterpriseWorks, the technology incubator in the University of Illinois Research Park. It assists small businesses and entrepreneurs in a region that covers downstate Illinois, roughly defined as the entire state south of I-80. More specifically, the funding will support: Programming and activities that help transition workers to digital jobs and small businesses to a digital marketplace, such as the recent Tech Training program. (This will focus on Central Illinois.) Prototyping assistance for entrepreneurs creating PPE or physical products – or pivoting their existing products – to serve or respond to COVID-19 needs.  Project requests can be made for up to $5,000 of resources; a form to request assistance will be forthcoming. Additional assistance for entrepreneurs and researchers to pursue commercialization and develop business opportunities. “We have observed many researchers across Illinois universities developing new technologies for testing, PPE, and medical devices to aid in treatment. Innovators throughout Illinois are also developing new uses for existing technology that respond to COVID-19 needs. We are grateful to have resources to help further these innovations so they translate into products, services, companies, and jobs that positively impact human lives and economic well-being,” said Laura Frerichs, Research Park’s Executive Director. The CARES Act provides EDA with $1.5 billion for economic development assistance programs to help communities prevent, prepare for, and respond to the coronavirus pandemic. For more information, contact Laura Bleill, Director of External Engagement at the University of Illinois Research Park.

EDA University Center at University of Illinois at Urbana-Champaign Awarded $300,000 CARES Act Recovery Assistance Grant from U.S. Department of Commerce’s Economic Development Administration Read Post »