Research Park Historical Development

The creation Research Park in 2001 was the first step into one of the many technological programs at the Research Park. Ever since the first tenants moved into EnterpriseWorks in 2003, the funding, development, and commercialization of the companies and product gained nationwide recognition. “The mission of the Research Park is much in collaboration with the mission of the University of Illinois,” said Ed McMillan, chairman of the Board of Managers for the Research Park and a University of Illinois trustee. “In addition to teaching – in addition to research and outreach – it’s also commercialization of technology.”