Research Park

Habiterre
EnterpriseWorks, Media Mentions, Recognition & Awards, Research Park

HabiTerre Achieves Third Party Model Validation with Climate Action Reserve

EnterpriseWorks startup HabiTerre‘s model for quantification of agricultural greenhouse gas sinks and sources was approved by the Climate Action Reserve (CAR) under their Soil Enrichment Protocol (SEP). This model is used as part of HabiTerre‘s advanced system-of-systems modeling approach. It comprehensively models the interplay of energy, water, carbon, and nutrient cycles in aboveground and belowground environments. HabiTerre has adapted and maintained a scalable version of ecosys to support the quantification of greenhouse gas and soil carbon outcomes from agricultural practices. The Climate Action Reserve is the most trusted, efficient and experienced offset registry for global carbon markets. CAR establishes rigorous standards to support and promote climate change solutions that benefit economies, ecosystems and society. “This milestone is just one of many more to come from the team at HabiTerre, where we are fully dedicated to supporting scalable and efficient solutions to drive maximum impact and value to farmers, paving the way for high-quality environmental market opportunities,” said Nick Reinke, CEO of HabiTerre. HabiTerre is a farming financial risk modeling company. The HabiTerre team is dedicated to making the world a better and more habitable place by advancing sustainable agriculture and land stewardship with a holistic systems approach to farm productivity and resource use efficiency. Learn more about CAR and this milestone on the HabiTerre website.

HabiTerre Achieves Third Party Model Validation with Climate Action Reserve Read Post »

Podcast
EnterpriseWorks, Features, Research Park

New Podcast Episode: Digital Identity Verification

In the June Innovations @ Research Park podcast episode, host Tanmay Shah talked to Identomat CEO Dr. David Lomiashvili about his career journey, experience at EnterpriseWorks, identity verification, and looking ahead. Dr. David Lomiashvili is the CEO of Identomat, which has created an innovative AI-powered KYC and identity verification solution that assesses if the person in front of a camera is real or an impersonator. Before his current venture, Dr. Lomiashvili had an extensive pedigree in entrepreneurship, not to mention a PhD in Astrophysics. “A new project,  a strategically important project, we are gonna be working on … is Digital Identity Wallet. It is a way to enable SSI, self-sovereign identity. It is what we see the next inflection point in the industry is gonna be, unleashing the wallet economy,” Lomiashvili said when talking about the future of Identomat and digital identity verification. The Innovations @ Research Park podcast highlights the thriving entrepreneurial and corporate innovation culture in Champaign. It is hosted by University of Illinois Urbana-Champaign alumnus Tanmay Shah. Subscribe to The Innovations @ Research Park to catch up on the latest innovations and news on Apple Podcasts,  Spotify, or your preferred podcast network. 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? Do you want to provide other feedback? Contact Laura Bleill (lwbleill@illinois.edu).

New Podcast Episode: Digital Identity Verification Read Post »

cache
EnterpriseWorks, Investments, Media Mentions, Recognition & Awards, Research Park

Cache Energy Wins EPIC DC Pitch Competition

EnterpriseWorks clean energy startup Cache Energy won first place in the Energy Program for Innovative Clusters (EPIC) pitch competition. Founder Arpit Dwivedi presented at the White House for this competition on May 15, 2024, winning $30,000 for the company. The Department of Energy’s (DOE’s) Office of Technology Transitions (OTT) announced $70,000 total of prize money to three clean energy startups and one incubator through the prize collaboration event. Attendees participated in a collaborative discussion, and a Q&A about supporting incubators,  and traveled to Capitol Hill to meet with Congressional representatives and staff. Cache Energy focuses on creating energy storage that is non-toxic, non-flammable, and safe to transport and install anywhere through long-duration electricity storage. This technology can store grid electricity cheaply on a large scale and helps commercial and residential entities move away from fossil fuel. Learn more about the EPIC DC Pitch Competition on the Office of Technology Transitions website.

Cache Energy Wins EPIC DC Pitch Competition Read Post »

Podcast
EnterpriseWorks, Features, Research Park

New Podcast Episode: Perspectives on AI from an NVIDIA Leader

In the May episode of the Innovations @ Research Park podcast, host Tanmay Shah talked to NVIDIA Accelerated Big Data Platform Engineer Matt Ahrens about his career journey and the future of artificial intelligence (AI). Matt Ahrens oversees performance and tools work for the Accelerated Big Data Platforms group at NVIDIA. He’s a longtime leader in the University of Illinois Research Park community, graduating with a Bachelor’s degree in Mathematics and Computer Science in 2003 and working for Motorola and Yahoo! before transitioning to his current role at NVIDIA. Ahrens is also the co-founder and leader of the Champaign-Urbana Data Science User Group, which meets monthly at UIRP during the academic year. The podcast episode discusses using graphics processing units (GPUs) to accelerate data workflows. “A new frontier where we see accelerated computing really having a future is with big data processing,” Ahrens said, emphasizing how GPUs can make these processes more efficient. The Innovations @ Research Park podcast highlights the thriving entrepreneurial and corporate innovation culture in Champaign. It is hosted by University of Illinois Urbana-Champaign alumnus Tanmay Shah. Subscribe to The Innovations @ Research Park to catch up on the latest innovations and news on Apple Podcasts,  Spotify, or your preferred podcast network. 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? Do you want to provide other feedback? Contact Laura Bleill (lwbleill@illinois.edu).

New Podcast Episode: Perspectives on AI from an NVIDIA Leader Read Post »

Bayer
Events, Research Park

Escape Room by Leaps by Bayer Visits the Research Park

This week, BAYER brought its fun and educational science-themed mobile escape room to Research Park. “Breaking Through Impossible – The Escape Game” is an agriculture-themed game that revolves around rescuing a biotech breakthrough. It is completed by solving puzzles and deciphering clues through collaborating with a team. It was open from April 23 through April 25, 2024, and was free for participants. “Previous stops have been events like SXSW and in cities such as Austin, San Francisco, Berlin, Boston, and New York, so we are thrilled to welcome this unique interactive escape room to Champaign,” said Laura Appenzeller, executive director of the University of Illinois Research Park. “While it’s open to people of all ages, high school and college students are particularly encouraged to participate.” The escape room was located directly outside Bayer’s Innovation Center at1904 S. First Street, next to the I-Hotel and Illinois Conference Center, in a bright blue shipping container. Teams of up to six people experienced the escape room, working together to solve a puzzle that took around 30 minutes to complete Find more information about the escape room on the Leaps by Bayer website or read WCIA News’ event coverage.

Escape Room by Leaps by Bayer Visits the Research Park Read Post »

Labworks
Events, Research Park

LabWorks Opens, Epivara First Startup to Move into Growth-Stage Life Sciences Suites

The Research Park is now home to a new address for growth-stage life sciences startups. The University marked the opening of LabWorks and its first tenant, a graduate from the EnterpriseWorks incubator, at a celebration and ribbon cutting on Tuesday, April 9. LabWorks offers turn-key wet lab and office suites for growth-stage startup companies in Research Park, enabling startups to establish roots and continue growing in the Champaign-Urbana community. “Things like this help this university stay relevant,” said Kim Kidwell, Associate Chancellor for Strategic Partnerships and Initiatives. Kidwell emphasized LabWorks’ key role in bridging the gap and enabling startups to get on the ground after their time in EnterpriseWorks. In 2021, the Research Park was awarded $550,000 funding through the Rebuild Illinois Wet Lab Capital Program (via the State of Illinois Department of Commerce and Economic Opportunity) to create turn-key lab spaces for growth-stage agriculture and life science companies, and shorter-term leasing to industry partners/collaborators. In addition to the state’s contribution, LabWorks is a partnership between the University of Illinois Research Park and building landlord GRE UIRP LLC. In November 2023, the Champaign City Council approved a $100,000 investment in LabWorks, providing resources to bring the project to completion. “We have done what many communities are trying to duplicate. But the heart is here, with the heart of the state, with the heart of the region, and because of this kind of innovative work, will be the heart of the nation,” said Illinois State Representative Carol Ammons. Epivara is the first company to relocate into LabWorks. Founded by College of Veterinary Medicine Professor Jay Ko, the move to LabWorks signifies Epivara’s growth plans following its graduation from EnterpriseWorks. Wilson acknowledged the milestone of Epivara’s graduation from the EnterpriseWorks incubator into a location that will facilitate additional growth as an important accomplishment for the Champaign-Urbana community. “If we want companies like Epivara to remain in our community, in our region, and in our state, we have to continue to invest in the facilities they need at every stage of their growth, said Gerald O. Wilson, PhD, MBA, director of entrepreneurship. “Representing the culmination of a partnership between the University of Illinois Research Park, Illinois Department of Commerce and Economic Opportunity, and City of Champaign, LabWorks is a symbol of an understanding that these kinds of investments are an imperative in our economic development efforts at the university, municipality, and state-wide levels.” Learn more about the LabWorks ribbon cutting and Epivara grand opening in a recent News-Gazette article. About Epivara Founded in 2016 by Dr. Jay Ko of the University of Illinois Urbana-Champaign College of Veterinary Medicine, Epivara is innovating better ways that pets are spayed and neutered worldwide. Epivara’s mission is to make life better for animals and humans through innovative science and compassionate care. The company has developed EpiFix, a low-cost injection to spay and neuter pets efficiently. Currently, this is the only alternative to spay and neuter surgery that works safely and permanently within seconds. Learn more at epivara.com. About LabWorks LabWorks provides affordable turn-key life science laboratory/office suites for growth-stage life science and agriculture companies in the Research Park. The $1.3 million build out was completed thanks to resources from the Rebuild Illinois Wet Lab Capital Program; the City of Champaign; the University of Illinois Research Park Board of Managers LLC; and landlord GRE UIRP LLC. See more pictures of the LabWorks space on the Research Park website.

LabWorks Opens, Epivara First Startup to Move into Growth-Stage Life Sciences Suites Read Post »

Prenosis
EnterpriseWorks, Graduates, Media Mentions, Recognition & Awards, Research Park

EnterpriseWorks Graduate Prenosis Receives FDA Clearance on Sepsis ImmunoScore

EnterpriseWorks graduate Prenosis recently announced the approval of its artificial intelligence-powered diagnostic tool for sepsis by the U.S. Food and Drug Administration. Sepsis occurs when the body has an extreme response to an infection, and it is often deadly. It is notoriously challenging to diagnose, but early detection is key since patients can deteriorate quickly. Prenosis’ diagnostic tool, called Sepsis ImmunoScore, uses 22 different parameters such as temperature, heart rate and cell counts to help clinicians assess a patient’s risk of sepsis. Prenosis was an EnterpriseWorks tenant from 2017 to 2018. Founder Rashid Bashir, Dean of Grainger College of Engineering, developed these technologies with his research group in the Micro and Nanotechnology Laboratory, along with Bobby Reddy. During its time at the Research Park, the Prenosis team earned a second-place prize in the 14th Annual Dale V. Cozad New Venture Competition. Now based in Chicago, Prenosis has been a longtime client of the Illinois FAST Center. Prenosis’ goal is to detect and prevent the majority of diseases before debilitating symptoms present themselves. By integrating biomarkers and clinical data, its diagnostics present real-time critical information, predicts future outcomes for patients, and expedites the delivery of optimal therapy. Prenosis’ approach stands out for its regulatory compliance and focus on safety and efficacy. The company plans to conduct further studies to demonstrate the tool’s accuracy and impact on clinical decision-making, with intentions to market it globally. “FDA authorization of a sepsis diagnostic tool with significant predictive power is a landmark event for people that could ever be at risk of sepsis at some point in their lives,” said Bobby Reddy, Jr, Ph.D. Read more on the CNBC newspage.

EnterpriseWorks Graduate Prenosis Receives FDA Clearance on Sepsis ImmunoScore Read Post »

Podcast
EnterpriseWorks, Features, Research Park

New Podcast Episode: Transforming Central Illinois into a Leading Biomanufacturing Tech Hub

In a recent episode of the Innovations @ Research Park podcast, host Tanmay Shah talked to IBRL Associate Director of Business Development Beth Conerty about bioprocessing research and how the iFAB Tech Hub is transforming the Central Illinois Economy. Dr. Beth Conerty has been serving as the Regional Innovation Officer at the Illinois Fermentation and Agriculture Biomanufacturing (iFAB) Hub since it was selected as a 2023 Tech Hub Designee by the U.S. Economic Development Administration (EDA) in October 2023. Conerty is working to apply her technical background to business by working in technology commercialization with a focus on entrepreneurship. “We are trying to invest in every step- from innovation here at the University of Illinois, and supporting the earliest-stage companies at Research Park and in EnterpriseWorks all the way up to manufacturing partners with ADM and Primient in Decatur,” said Conerty. “What’s really exciting about our lab-to-line approach is that all of those resources are available in a 51-mile radius between the University of Illinois Champaign-Urbana and in those bioprocessing behemoths in Decatur.” The Innovations @ Research Park podcast highlights the thriving entrepreneurial and corporate innovation culture in Champaign. It is hosted by University of Illinois Urbana-Champaign alumnus Tanmay Shah. Subscribe to The Innovations @ Research Park to catch up on the latest innovations and news on Apple Podcasts,  Spotify, or your preferred podcast network. 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? Do you want to provide other feedback? Contact Laura Bleill (lwbleill@illinois.edu).

New Podcast Episode: Transforming Central Illinois into a Leading Biomanufacturing Tech Hub Read Post »

Illinois Innovation
EnterpriseWorks, Investments, Research Park

Illinois Innovation Voucher Initiative Accepting Applications

The Illinois Innovation Voucher (IIV) initiative is accepting applications on a rolling basis. This is a new program through the State of Illinois that is being administered through the Illinois Science and Technology Coalition (ISTC) to help Illinois small businesses work with Illinois higher education partners. Vouchers can help Illinois-based small and medium-sized entrepreneurs (SMEs) unlock new growth opportunities, support research and development needs, foster the creation of innovative products and services, and more. Vouchers cover up to 75% of research engagement costs (up to $75,000), including, but not limited to, the sharing of technologies, knowledge, facilities, and equipment necessary for your project needs, including: Learn more and apply on the Illinois Science & Technology Coalition website.

Illinois Innovation Voucher Initiative Accepting Applications Read Post »

UI Foundation
Research Park

Welcoming the UI Foundation to the Research Park Neighborhood

We are happy to welcome the University of Illinois Foundation to the Research Park neighborhood! After thirty years in Harker Hall, the UI Foundation moved into its newly built home at 303 St. Mary’s Road on February 19, 2024. The space has been designed with flexibility and growth in mind. “If people aren’t going to be here every day of the week, they might not need as much space,” Foundation president Jim Moore explained. “So we’ve been able to be more efficient with the design of the space and add in, perhaps, more spaces designed for collaboration and engagement and teamwork than we would’ve been able to in the previous world, where most people would’ve expected to be in a private office.” The building site is on the south side of the University of Illinois Urbana‑Champaign campus, where the old feed mill used to stand at the corner of Fourth Street and St. Mary’s Road. It sits next door to the I Hotel and Conference Center and across the street from State Farm Center and other Illini athletics facilities. The Foundation’s workforce has grown from 14 employees in 1974 to more than 170 employees today.  In addition to employee workspaces, the building includes facilities for hosting alumni and friends, including a third-floor space with a terrace with an excellent view of campus. The Foundation aims for a grand celebration of the building in Summer 2024. More information about the project can be found in photos and videos on the University of Illinois Foundation website. A more thorough article detailing the building’s completion can be found in the News-Gazette.

Welcoming the UI Foundation to the Research Park Neighborhood Read Post »