Recognition & Awards

EnterpriseWorks News Recognition & Awards

Research Park Named Stage Two Winner in SBA Growth Accelerator Fund Competition

CHAMPAIGN, IL – On Wednesday, September 25, 2024, the U.S. Small Business Administration (SBA)announced EnterpriseWorks at University of Illinois Research Park as a Stage Two winner for the 2024 Growth Accelerator Fund Competition (GAFC). EnterpriseWorks will receive a $50,000 prize for its impactful and inclusive approach to nurturing a collaborative national innovation ecosystem to advance small business research and development (R&D) from ideas to the market. EnterpriseWorks received the Stage One GAFC award in April 2024 in the sustainability and biotechnology sphere. GAFC Stage One prizes emphasized ecosystem network building, awarding organizations that engage in ecosystem-building activities such as recruiting new partners and strengthening stakeholder alliances. Stage Two offered cash prizes to 44 accelerator partnerships spanning public, private, nonprofit, and academic institutions engaging in research and development across priority areas such as national and economic security, domestic manufacturing and production, and sustainability and biotechnology. To learn more about the GAFC, visit America’s Seed Fund Accelerators page. “Innovation happens everywhere and the Biden-Harris Administration is continuing to build on its commitment to promote sustainable and inclusive entrepreneurial ecosystems that advance research and development and commercialization in communities across the nation,” said Administrator Isabel Casillas Guzman, head of the SBA. “The 2024 GAFC Stage Two award winners will drive forward the Investing in America agenda and strengthen America’s global competitiveness by continuing to support the expanding and increasingly diverse entrepreneurs across the nation and provide them with the opportunities that lower barriers for market and capital access.” With Stage Two funding, EnterpriseWorks plans to implement the Entrepreneurship Leadership Development Accelerator (ELDA) program and curriculum, launching its first cohort in fall of 2024. The ELDA program is being created to identify and develop entrepreneurial leaders to support the formation, launch, and growth of newly formed science-based startups. ELDA will collaborate with a broad set of academic and industry collaborators to design a curriculum and mentor a diverse group of program participants. Read the full press release to learn more. About EnterpriseWorks EnterpriseWorks is a business incubator that supports University of Illinois Urbana-Champaign and community technology entrepreneurs in all stages of their startup journeys. Its clients build and create disruptive science-based startups across a wide range of domains, reflecting the depth and breadth of university expertise. Since opening in 2003, EnterpriseWorks clients have raised more than $1.4 billion in outside capital and $200 million in non-diluted funding. EnterpriseWorks is located on campus at the University of Illinois Research Park in Champaign. About SBA Office of Investment and Innovation The U.S. Small Business Administration (SBA) Office of Investment and Innovation (OII) leads programs that provide the growth-oriented small business and startup community with access to financial capital, networks, assistance, and R&D funds to develop commercially viable innovations. Our work is underpinned by public-private partnerships that help small businesses on their trajectory from idea to IPO. About the U.S. Small Business Administration The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit the SBA website.

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EnterpriseWorks News Recognition & Awards Research Park

Inc. and Fast Company Recognize University of Illinois Urbana-Champaign as a Leader in Entrepreneurship Innovation

The University of Illinois Urbana-Champaign ranked No. 24 in Ignition Schools: Top 50 Institutions Revolutionizing Entrepreneurship by Inc. and Fast Company. Ignition Schools spotlights the top 50 universities globally with the most significant impact on entrepreneurship. According to Inc., “This inaugural list recognizes schools that excel in nurturing alumni founders, securing venture capital, and advancing technology …” The Ignition School ranking evaluates institutions based on specific criteria, including success in fostering entrepreneurial talent through VC funding, generating new startups, technology licensing and the number of successful alumni businesses.

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EnterpriseWorks News Recognition & Awards

TellTail Semifinalist for the THRIVE Global Impact Challenge

EnterpriseWorks startup TellTail has been chosen as a semifinalist for the THRIVE Global Impact Challenge. The THRIVE Global Impact Challenge is a competition led by Silicon Valley Global Ventures, a global venture and innovation firm, to find innovative startups that will advance a more sustainable future for agriculture. This year’s competition focuses on startups in soil health and biodiversity, food security and waste reduction, reducing and offsetting emissions, nutrition and health, and cleantech for energy and water. The winning company will receive the THRIVE Global Impact Challenge Award, a place in THRIVE’s award-winning Global Accelerator Program, and an investment from SVG Ventures up to $1 million. Winners will be announced in November at the THRIVE Global Impact Summit. TellTail is an innovative AgTech company focused on Smart Animal Management, founded by Angela Green-Miller, a University of Illinois Urbana-Champaign faculty member in Agricultural & Biological Engineering. TellTail applies predictive and forecast algorithm technology to improve the management of pig production systems. Its first and primary goal is to provide data insights to inform decisions that give producers confidence and increase facilities’ profitability. TellTail delivers decision support tools in apps, software, and connected IoT devices.

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EnterpriseWorks News Recognition & Awards Research Park

University of Illinois Reclaims Top 10 Spot in PitchBook’s “Top 100 colleges by startup founders”

The University of Illinois has made a notable return to the top 10 in PitchBook’s annual “Top 100 Colleges by startup founders”, ranking No. 10 this year. This is the first time since 2020 that the university has achieved this status, underscoring the significance of this year’s ranking. Illinois is one of four public universities in the top 10. Rankings are based on data collected from tallying the number of alumni entrepreneurs who have raised capital in the last decade, with an analysis of nearly 167,000 venture capitalist-backed founders. Additional rankings for the university include Illinois alumni-founder companies have raised $21.1 billion in undergraduate startup capital and $15.9 billion in graduate capital through ventures like Generate, GRAIL, Farmers Business Network, Heyday and Plus. The university’s strong entrepreneurial spirit is reflected in the notable EnterpriseWorks startup graduates Ascent Integrated Tech and DeepWalk. Ascent is dedicated to improving first responders’ and warfighters’ safety and efficiency through technology that enhances situational awareness. DeepWalk Research, through its scanning software, helps improve pedestrian infrastructure to ensure accessibility to everyone.  For more information and the complete list, visit the PitchBook website.

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EnterpriseWorks Graduates News Recognition & Awards

Startup Graduate Ascent Integrated Tech recognized as a finalist in the 2024 Momentum Awards 

EnterpriseWorks startup graduate Ascent Integrated Tech is a finalist in the Industry Disruptor category of 1871‘s 2024 Momentum Awards. This Industry Disrupter Award is presented to a tech company that has developed or introduced an ingenious, non-traditional, and innovative product or service that has significantly disrupted its industry. After being nominated, companies must go through rounds of judging and voting before winners are nominated at the award show on September 19, 2024. Ascent Integrated Tech was founded at Research Park by Paul Couston and Alex Gorsuch, where 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 provide details about the team members’ health and environment, such as CO2 levels, humidity, and airborne metal oxide. For the last 17 years, The Momentum Awards have been the largest tech awards celebration in Chicago, recognizing the amazing companies that are building their businesses in Illinois, providing unique and unparalleled opportunities to meet founders, investors and leaders across the industry, and fundraising to help continue to support 1871’s mission of inspiring, equipping and supporting those in the community. Learn more and vote now on the 1871 website.

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Community Events Internships News Recognition & Awards

Research Park Honors Innovative Interns at 18th Annual Intern Awards Ceremony

The 18th Annual Research Park Intern Awards Ceremony, which celebrates the contributions of exceptional student interns at Research Park corporate innovation centers and startups, took place on July 25, aptly coinciding with National Intern Day. The awards ceremony brings together interns representing diverse skill sets and industry sectors, as well as their managers and colleagues. It reflects the overall depth and breadth of excellence of intern work that occurs daily at Research Park. Awards were given in the following categories: Best Startup Intern Best Technical Innovation Best Business Innovation Most Outstanding Undergraduate Student Intern Most Outstanding Graduate Student Intern Most Competent and Collaborative Team Among the notable projects showcased was an intern who developed a prototype web software for Life Cycle Assessment calculations without prior experience in software development, improving company processes by approximately 90%. Another standout project involved a group of interns who developed an interactive, immersive boating simulator using a blend of computer graphic software development, UI/UX design, data integration, and hardware development. Shivani Birwadkar, who won the Best Technical Innovation award, expressed her gratitude for the recognition and reflected on how the opportunity to work on cutting-edge projects has significantly impacted her professional growth. “I am deeply honored to have been recognized with the Best Technical Innovation. My internship at ADM has been an incredible journey of learning and growth. From the groundbreaking projects that push the boundaries of innovation to the supportive and inspiring team that constantly motivates each other, this experience has truly been one of the most rewarding of my career,” said Birwadkar, a Work Process Automation Intern at ADM Science and Technology Center. The ceremony and nominations highlighted the incredible talent within the Research Park community and underscored the vital role that internships play in fostering the next generation of industry leaders. “Winning an award is a testament to the exceptional skills and dedication of our interns,” said Laura Bleill, director of external engagement at the Research Park. “It’s not just about individual accomplishments but also about how these young professionals are shaping the future through their innovative projects and collaborative spirit.” Just being nominated for these awards is an accomplishment, said Bryan Goode, the Research Park talent manager. The judging process is intense. “Managers nominate individual interns or entire teams, and each nomination comes with a detailed essay highlighting their skills and achievements,” Goode said. “These essays are then reviewed by a diverse panel of judges who bring different expertise to the table. They look at everything from technical skills to soft skills to ensure each nomination receives a fair and thorough evaluation.” Best Startup Intern  Zoey Zhang | Boston Bioprocess | Bioprocess Development Intern | Masters in Bioprocessing and Bioenergy | Illinois Professional Science Master’s “She has been an integral part of our pilot plant team, leveraging her graduateeducation and prior experience to execute fermentation projects. She quickly adapted to our fast-paced culture, showing immense grit and dedication. Zoey demonstrated exceptional leadership by volunteering for late hours and weekends to meet deadlines. Her proactive approach allowed us to delegate tasks such as sampling, reactor setup, and data analysis, significantly boosting our team’s efficiency. Zoey optimized shake flask volumes and benchmarked fermenters’ oxygen transfer rates, providing valuable insights. Her proactive approach to personal and professional growth, combined with her dedication, resilience, and willingness to go above and beyond, makes her highly deserving of this award.” Finalists: Thanushree Ambati | Helixon | Bio-Tech Research Intern | Master in Cell and Developmental Biology | College of Liberal Arts & Sciences Luigi Passerotti | Hinetics | Mechanical Engineering Intern | Mechanical Engineering | Grainger College of Engineering Best Technical Innovation Shivani Birwadkar | ADM Science and Technology Center | Work Process Automation Intern | Masters in Information Management | School of Information Sciences “Shivani is an exceptional intern who demonstrated remarkable innovation by independently developing a web application for Life Cycle Assessment calculations using Python and JavaScript from scratch. Despite having no prior experience, her work improved process efficiency and reduced project execution time by approximately 90 percent, significantly streamlining operations. Shivani’s proactive approach and strong relationship-building earned the team’s trust, adding considerable value and enabling more simultaneous projects without compromising quality.” Finalists: Shubham More — Synchrony Emerging Technology Center — Emerging Technology Center Intern | Computer Science and Physics | Grainger College of Engineering Caleb Larson | AGCO Acceleration Center | Engineering Intern | Electrical & Computer Engineering | Grainger College of Engineering Best Business Innovation Yijin Wang | Synchrony Emerging Technology Center | Emerging Technology Center Intern | Master’s Concentration in Analytics-Statistics | College of Liberal Arts & Sciences “Yijin truly exemplifies what it means to be a team player, shifting her focus based on the team’s needs and leveraging her technical, analytical acumen across multiple projects. She developed a measurement framework for assessing the incremental dollar impact of our paid media acquisition campaigns and supported clients with campaign reporting using Adobe and SAS. Tracy also led reporting for personalization stakeholders, quickly learning tools like Dynamic Yield. Despite resource constraints, Yijin ensured our team met all deliverables. Her framework addressed enterprise-level gaps in measuring campaign efficacy, advancing our enterprise initiative.” Finalists: Khushboo Choudhary | Synchrony Emerging Technology Center | Emerging Technology Center Intern | Master’s in Predictive Analytics & Risk Management | College of Liberal Arts & Sciences Gabrielle Wilki | State Farm | RDC Intern | Computer Engineering | Grainger College of Engineering Most Outstanding Undergraduate Student Intern Mayank Dubey | Rivian | Electrical Hardware Development Intern | Mechanical Engineering | Grainger College of Engineering “Mayank’s summer project at Rivian was a masterstroke in accelerating mechanical design and development. He developed an innovative framework to automate PCB design exploration, previously a manual task, using self-learning Python scripts—this breakthrough streamlined the process, catalyzing rapid innovation. His scripts empower engineers to perform complex finite element analysis (FEA) models, significantly boosting efficiency and minimizing errors. Despite lacking direct automotive experience, Mayank quickly absorbed new information and applied it effectively, consistently delivering noteworthy results with minimal guidance. His resilience, adaptability, and commitment to advancing despite challenges underscore his exceptional work ethic and dedication.” Finalists:

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EnterpriseWorks Media Mentions News 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.

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News Recognition & Awards Research Park

Synchrony wins the Golden Paddle at the 2024 Research Park Table Tennis Tournament

The 13th Annual Research Park Table Tennis Tournament took place on Tuesday, July 9, and Wednesday, July 10, 2024.  Participants from 15 companies across the Research Park played in two days of intense competition in three categories (beginner, intermediate, and advanced).  The Synchrony Emerging Technology Center won the Golden Paddle for the first time in tournament history thanks to second and third place winners in all three brackets. Here is the full list of winners from each individual bracket:  Beginner  Intermediate  Advanced  The results of Round-Robin games on day one were used to seed participants for the single-elimination tournament played on day two. In these games, companies were awarded points based on the placing of their players. First place winners received five points; second place winners received three points; third place winners received one point. More photos from the event can be viewed in our media gallery. Learn more about this event on the Table Tennis Tournament page.

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Community EnterpriseWorks Features Graduates News Recognition & Awards Research Park

EarthSense awarded patent for the use of AI-ML-based smart applications

Research Park agtech startup EarthSense was awarded a patent from the United States Trade and Patent Office (USTPO) for the use of AI-ML-based smart application of treatments in plantations, orchards, vineyards, and other permanent cropping systems. This patent builds on EarthSense’s other patented innovations in robust autonomous navigation, multi-robot deployments, machine vision in challenging agricultural environments, and more. EarthSense is creating dramatic new possibilities for crop breeders, plant protection product developers, crop scientists, and field agronomists. The company joined EnterpriseWorks in 2016, where it operated until opening an office in the Atkins Building in 2021. EarthSense’s robots can work tirelessly and precisely around the clock in challenging environments. With edge-optimized AI, they will be deployed anywhere in the world without expensive communication infrastructure. This AI-enabled precise and intelligent application of fertilizers and chemicals will drive yield improvements and reduce environmental harm, leading to significant financial savings. For more information, visit the EarthSense website or connect with the company on LinkedIn.

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Community Features Investments Media Mentions News 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.

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