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RESEARCH PARK 
2014 YEAR IN REVIEW 
Holiday Party 
December 11, 2014
NEW CLIENTS AT ENTERPRISEWORKS 
- Inscites Research, Inc. 
- UEM Inc. 
- MN Squared 
- fNograph 
13 New 
- Agrible 
EnterpriseWorks 
- AgLVT 
Tenants in 2014 
- AutoScout, Inc. 
- Lumenous 
- Charmworks, Inc. 
- PhotoniCare 
- Revolutionary Medicines (formerly Midasyn) 
- Servabo 
- Exalt Diagnostics
NEW CLIENTS AT ENTERPRISEWORKS 
Inscites Research 
Inscites is a National 
Science Foundation 
funded digital start-up 
developed by scientists 
to integrate into a 
researchers workflow 
and allow easy/secure 
knowledge curation and 
collaboration. By 
leveraging digital 
technologies, Inscites 
increases the return on 
investment on research 
spending. 
2nd Place Winner at 14th Annual COZAD New 
Venture Competition - $10,000 Prize
NEW CLIENTS AT ENTERPRISEWORKS 
MN Squared 
New software providing an 
educational service 
(Knowledge score) to learn, 
complete a self-assessment, 
and 
comparative analysis to 
identify gaps in knowledge. 
Students, parents and 
teachers can use these 
scores to develop 
personalized learning plans. 
Company Founder Ravi Maturi
NEW CLIENTS AT ENTERPRISEWORKS 
fNograph 
The fNograph is a database 
of millennial mindsets. It’s 
a customizable tool that 
lets companies visually 
verify how millennials live 
around the world. Clients 
can observe how different 
consumer segments make 
product and lifestyle 
decisions in a fast and 
simple video format. The 
fNograph is a simple and 
easy way to observe and 
interview consumer 
segments from around the 
world.
NEW CLIENTS AT ENTERPRISEWORKS 
Agrible 
Agrible is a big data 
technology and data 
products company, focused 
on providing innovative 
science that farmers and 
ag companies can use 
easily every day to improve 
their production with 
cloud-based delivery 
systems.
NEW CLIENTS AT ENTERPRISEWORKS 
AgLVT 
AgLVT uses GIS software 
platforms for linking database 
information to valuation 
decisions for farmland. Clients 
include appraisers, financial 
institutions, investors, and farm 
operators. AgLVT is developing 
a web-based automated 
farmland appraisal system to 
incorporate detailed geospatial 
analyses for fine-grained 
differentiation for variables that 
impact the cost of owning and 
operating farmland. 
Robert Hornbaker, owner of AgLVT
NEW CLIENTS AT ENTERPRISEWORKS 
AutoScout 
AutoScout is developing automated 
computational algorithms suitable 
for the automated analysis of 
football video. Automated tasks 
include video editing and automated 
semantic analysis of game footage 
and statistic extraction. Algorithms 
include estimating camera location 
and motion, tracking movements, 
and understanding actions. This will 
ultimately lead to automated 
inferences, and thus assist in the 
development of team strategies. 
Shaunak Ahuja, 
co-founder of 
AutoScout 
Featured on 
ESPN
NEW CLIENTS AT ENTERPRISEWORKS 
Lumenous 
Lumenous creates 
computer vision 
technology to make 
projection mapping easier, 
cheaper, and more 
powerful in advertising. 
Company launched by 
three leading computer 
science PhD students with 
expertise and licensing 
history in computer vision 
technologies. 
Lemelson Illinois prize winner and 
Cozad new venture competition
NEW CLIENTS AT ENTERPRISEWORKS 
Charmworks 
Charm is a software system 
for helping programmers 
write science and engineering 
applications for powerful 
computers, such as clusters. 
The software includes 
multiple components 
including adaptive runtime 
libraries, performance 
analysis tools, debuggers, and 
visualization tools.
NEW CLIENTS AT ENTERPRISEWORKS 
PhotoniCare 
A line of portable biomedical 
optical imaging products based 
on a novel imaging system 
suitable for use in the field of 
primary care medicine, or for 
front-line healthcare services 
such as retail convenient care 
clinics, optometrists, or dental 
care clinics. These products 
will utilize a technology called 
optical coherence tomography 
(OCT), which is a non-invasive 
optical imaging technique 
capable of providing high-resolution 
three-dimensional 
images of tissue structure in 
real-time.
NEW CLIENTS AT ENTERPRISEWORKS 
Revolution 
Medicines 
Formerly midasyn, Revolution 
Medicines is commercializing a 
technology platform that will 
enable the automated synthesis of 
small molecules. The company will 
provide services as well as the sale 
of molecules, chemical libraries, 
reagents, and small molecule 
synthesizers.
NEW CLIENTS AT ENTERPRISEWORKS 
Servabo 
Servabo is a self-protection technology 
to reduce the frequency of violent 
crime. In order to prevent these 
crimes, Servabo is engineering 
innovative solutions to everyday 
security concerns. Creating a wireless 
“panic button” and shadow app that 
can be placed on personal accessories 
and phones. It quickly and discreetly 
notifys friends of an emergency to 
providing enhanced safety measures. 
Won Top Prize at Cozad New Venture 
Competition 2013 – Most Fundable Venture
NEW CLIENTS AT ENTERPRISEWORKS 
Exalt Diagnostics 
Founded by Prof Brian 
Cunningham, Electrical and 
Computer Engineering, 
University of Illinois, Exalt 
Diagnostics will use Photonic 
Crystal Enhanced 
Fluorescence technology for 
detection of protein, DNA, 
and MRNA disease 
biomarkers for applications 
in human healthcare, animal 
health, and agriculture.
EW GRADUATES 
• Aqueous Solutions 
• Runtime Verification 
• ElectronInks 
• Prairiefire Consulting 
• MulticoreWare-December
GRADUATES FROM ENTERPRISEWORKS 
Runtime Verification provides solutions to 
analyze your team's code through cutting-edge 
program analysis research. Their tools are 
automatic, generate no false positives, and 
integrate easily into your team's existing 
workflow. They are now located at 102 E Main St 
#207, Urbana.
GRADUATES FROM ENTERPRISEWORKS 
Prairiefire improves quality by reducing its 
sensitivity to real world variation, preventing 
and solving problems throughout the design and 
manufacturing cycle. They emphasize 
purposeful design, focusing on the concrete 
effects of geometry and multi-physics, not just 
statistics.
GRADUATES FROM ENTERPRISEWORKS 
Aqueous Solutions LLC develops, 
maintains, and supports The 
Geochemist's Workbench (GWB), 
and trains users in how to apply 
the software package. 
Geochemists from more than 60 
countries around the world use 
the GWB to solve a range of 
problems in the aqueous 
geochemistry of Earth’s 
hydrosphere and biosphere. 
Their new location is 301 N Neil 
St. Suite 400.
GRADUATES FROM ENTERPRISEWORKS 
MulticoreWare Inc is a Software and Systems 
Integration solutions company which provides 
heterogeneous multicore solutions for high 
performance computing applications using 
multicore and many core processors. 
Their new location is in Urbana, IL.
GRADUATES FROM ENTERPRISEWORKS 
Founded by Dr. Brett Walker, 
Materials Science & Engineering 
at University of Illinois, 
Electroninks makes reactive silver 
inks for different printing 
processes that can be patterned 
via inkjet, flexopress, aerosol jet, 
and other low viscosity 
processes. Through the help of a 
successful Kickstarter campaign 
their CircuitScribe products are 
being manufactured for STEM 
learning.
NEW ADDITIONS TO THE RESEARCH PARK 
• Grainger 
• AbbVie 
• Foxconn Interconnect 
• Turn
NEW ADDITIONS TO THE RESEARCH PARK 
Grainger is a Fortune 500 industrial supply 
distribution company. Distributes various 
supplies such as material handling, safety and 
security, cleaning and maintenance, pumps and 
plumbing, electrical, lighting, tools, 
metalworking, motors, and power 
transmissions. The new Research Park operation 
is located in the Atkins Building.
NEW ADDITIONS TO THE RESEARCH PARK 
AbbVie is a global, research-based 
biopharmaceutical company formed in 2013 
following separation from Abbott Laboratories. The 
company's mission is to use its expertise, dedicated 
people and unique approach to innovation to 
develop and market advanced therapies that 
address some of the world's most complex and 
serious diseases. AbbVie employs approximately 
25,000 people worldwide and markets medicines in 
more than 170 countries. The new Research Park 
operation is located in the Atkins Building.
Abbvie Opens in the Research Park 
• Abbvie, the global biopharmaceutical 
company based in North Chicago, IL opened 
their new Innovation Center.
NEW ADDITIONS TO THE RESEARCH PARK 
Foxconn Interconnect Technology Limited (“FIT”) focuses 
on the development, manufacturing and marketing of 
electronic and optoelectronic connectors, antennas, 
acoustic components, cables and modules for 
applications in computers, communication equipment, 
consumer electronics, automobiles, industrial and green 
energy field products. With offices and manufacturing 
sites located in Asia, the Americas and Europe, FIT is a 
global leader in the supply of precision components. The 
new Research Park operation is located in the State Farm 
Building.
NEW ADDITIONS TO THE RESEARCH PARK 
Turn helps power the world's largest advertisers 
and trading desks through technology that 
delivers real-time data insights on campaign 
performance. The new Research Park operation 
is located in the Atkins Building.
GROWTH & DEVELOPMENT 
• Caterpillar announces new analytics center. 
• The new Yahoo! Building will be the Park’s 14th 
building. 
• EnterpriseWorks employs 219, including 62 
students across 50 companies. This is a 10.5% 
growth from 2013. 
• The whole Park employs 1574, with 474 
students. This is a 7.5% growth from 2013. 
• EnterpriseWorks clients raised $7.6 Million in 
Venture Capital and Angel Funding in 2014.
CATERPILLAR 15 YEAR ANNIVERSARY 
Caterpillar celebrated their 15 years at Research Park and 
announced the development of a new data analytics laboratory.
YAHOO! NEW BUILDING 
START-TO-FINISH IN 2014
NEW EW STAFF 
Cynthia Faullin-Assistant Director for Operations, 
oversees management and leasing of EW incubator, 
program implementation, and metrics 
Paul Wagner-Network Coordinator, address 
networking and internet/telecommunications 
needs; manages the EnterpriseWorks Co-Location 
Server room; provides IT support for the Research 
Park staff. 
Jim Wells- EnterpriseWorks Facility Manager, 
manages the maintenance and operational functions 
of the EnterpriseWorks building and responds to 
tenant service needs.
NEW EW STAFF 
Sheri Wilson- New Support Staff, manages room 
bookings, assists in operations. 
Erich Diesel- EnterpriseWorks lab manager, in 
charge of maintaining laboratories and supplies 
Courtney Busscher-Economic Development and 
Information Specialist
ENTERPRISEWORKS SHARED SERVICES 
Shared services is a diverse team of student specialists and 
supplemental part-time staff to help work on projects for 
small businesses in the Research Park. It is a free service 
that is meant to help Research Park companies with 
projects they may not be able to complete on their own.
AWARDS & RECOGNITIONS 
2014 Central Illinois “40 Under 40” honorees: 
Laura Bleill, Assistant Director for External 
Relations at Research Park, and mom-in-chief 
at Chambanamoms.com 
Josh George, Product Manager for 
IntelliWheels, Inc., professional wheelchair 
racer, and motiovational speaker.
AWARD AND RECOGNITIONS 
SBIR/STTR Awards in 2014: $3,450,891 
awarded to 6 companies: 
• ATSP Innovations: $96,997, NSF SBIR Phase 2 
Supplemental Funding Award 
• Charmworks: $149,568, DOE SBIR Phase 1 
• Dioxide Materials: $95,000, DOC/NOAA SBIR Phase 1 
• Dioxide Materials: $1,010,000, DOE SBIR Phase 2 
• Electroninks: $150,000, NSF SBIR Phase 1 
• Intelliwheels: $1,500,000, NIH SBIR Phase 2 
• Serionix: $449,326, NSF SBIR Phase 2
AWARD AND RECOGNITIONS 
• Servabo in top 3 of 
StartupVoodoo’s Most Promising 
Recognition. 
• Rithmio and Lumenous win 
Technology Entrepreneur Center’s 
Cozad Competition for the 2013- 
2014 year.
INNOVATION CELEBRATION 
This event recognizes individuals and organizations that have 
made significant contributions, taken risks, and provided 
leadership to ensure the continuing economic success of 
Champaign County, the ongoing success of the University’s 
economic development mission, and the growth of 
entrepreneurial talent and energy in the community.
INNOVATION CELEBRATION AWARD 
FINALISTS 
• Servabo 
• Phi Optics 
• Veriflow 
• Electroninks 
• Jed Taylor, U of I Techonology Entrepreneur 
Center 
• Dennis Beard, Serra Ventures 
• Fox/Atkins Development 
• Mike Folk, HDF Group 
• Bill Cope, Common Ground Publishing
Entrepreneurial Excellence: Social Venture Award 
Winner: Servabo
Entrepreneurial Excellence: New Venture Award 
Finalists: 
Phi Optics 
Veriflow 
Winner: Electroninks 
Brett Walker of Electroninks
Entrepreneurial Excellence: Advocacy Award 
Winner: Dennis Beard – Serra Ventures
Innovation: Economic Development Impact Award 
Finalists: 
Fox Atkins Walter Lohmann
Entrepreneurial Excellence: 
Mike Folk 
HDF Group 
Bill Cope 
Common Ground 
Publishing 
Management Award 
Finalists:
AWARD AND RECOGNITIONS 
Research Park Honors Top Interns of 2014 
Most Valuable Graduate Student in 
the Research Park: Nathan Pratt, Ph.D. 
Nutritional Sciences, Abbott 
Most Valuable Undergraduate 
Student in the Research Park: 
Sarah Frankland-Searby, 
BS Bioengineering, Abbott
AWARDS AND RECOGNITIONS 
Research Park Honors Top Interns of 2014 
Most Advanced Marketing/Business 
Development Intern: 
Vincent English, BS Statistics, AB InBev 
Best Entrepreneurial Leadership 
in a Startup: Jin Kim, BS MechSE, Serionix 
Best Tech Innovation: 
Jason Freeck, BS EE, State Farm
EP PURIFICATION WINS CLEAN ENERGY 
CHALLENGE $100,000 GRAND PRIZE
AWARDS AND RECOGNITIONS 
• Josh George of IntelliWheels wins the Chicago 
Marathon.
ENTERPRISEWORKS CONGRATULATES 
COZAD PRIZE WINNERS 
• Rithmio, the winner of the University funded 
track, is creating gesture recognition software for 
wearable devices. 
• Lumenous, the non-University funded winner, 
enables designers to inexpensively create 
immersive experiences called “projection 
mapping,” 
• Second place for non-University funded teams 
was Inscites Research, a platform that integrates 
into a researcher’s workflow
CHAMPAIGN-URBANA NAMED A “MOST 
PROMISING TECH HUB TO WATCH IN 
2014”
IN THE MEDIA 
SIMNEXT’S MEDICAL SIMULATION EXPERT FEATURED IN NEW-GAZETTE 
Rowland could probably create special effects for theater or 
movies. But he would rather stay where he is: He believes his job 
of enhancing realism in medical training is a higher calling.
SERRA CAPITAL II FUND FEATURED IN 
NEWS-GAZETTE BUSINESS
ENTERPRISEWORKS STARTUP DIOXIDE 
MATERIALS FEATURED IN NEW SCIENTIST 
• "Don't waste CO2, turn it into bottles and 
glue" about start-up companies that view CO2 
as a resource rather than a waste product. 
• New Scientist cited Dioxide Materials for its 
work in partnership with 3M.
PERSONIFY CEO INTERVIEWED BY CBS 
NEWS REGARDING AMAZON 
SMARTPHONE
ORACLE BIOSCIENCES AWARDED $1 
MILLION FOR CANCER RESEARCH 
The National Cancer Institute awarded the grant to 
Oracle Biosciences LLC, Carle Dr. Partha Ray's biotech 
company, which has laboratory facilities at 
EnterpriseWorks incubator at the Research Park.
FOUNDER OF SPECTROCLICK 
INTERVIEWED BY SPECTROSCOPY ONLINE 
• SpectroClick's founder, Alexander Scheeline, 
was recently interviewed by Spectroscopy 
Online about creating a cell-phone based 
spectrometer.
CHICAGO DAILY HERALD INTERVIEWS 
RESEARCH PARK DIRECTOR LAURA FRERICHS 
• The Daily Herald interviewed Research Park 
Director, Laura Frerichs about co-working space. 
"There certainly is a boom in startup culture. Many people are 
seeing the opportunity to start companies," said Laura 
Frerichs, director of the Research Park at the University of 
Illinois in Urbana-Champaign, which has been home to a 
business incubator since 2003 and recently began offering co-working. 
"Governments are becoming more excited about 
growing their economies with startups."
BUILT IN CHICAGO PROFILES 
ENTERPRISEWORKS INCUBATOR 
• Built in Chicago interviewed Research Park Director, 
Laura Frerichs, about how connecting the city's 
startup community with current tech trends and 
startups at the University of Illinois at Urbana- 
Champaign will strongly benefit the statewide tech 
community, in an article published March 10. 
• “There's an opportunity to see this as a 
collective benefit we have is a region,” she 
said. "That is more appealing than just one 
particular activity that may be happening 
in Chicago, but more of an explanation of 
why Illinois is relevant, why the Midwest is 
relevant.”
UIUC AND SANDIA NATIONAL LABORATORIES 
KICK-OFF RESEARCH PARTNERSHIP 
• Sandia National Laboratories and the University of 
Illinois at Urbana-Champaign have signed a formal 
five-year agreement to advance collaboration and 
information sharing between the Department of 
Energy’s National Security Lab and one of the world’s 
premier research universities.
RESEARCH PARK CITED FOR JOB CREATION AS 
CHAMPAIGN NAMED THIRD FASTEST 
GROWING CITY IN ILLINOIS 
• The Research Park is also supporting job and 
income growth in Champaign through its 
startup incubator EnterpriseWorks, which 
supports science and technology startups with 
lab and office space, entrepreneurship classes 
and the resources of the university 
community.
FRERICHS VISITS CAPITOL HILL TO DISCUSS 
RESEARCH PARK, TECH POLICY 
• The Capitol Hill briefing on the state's high-tech industry was 
organized by the Illinois Chamber of Commerce. 
• Other speakers included: 1871, Orbitz, Google, Motorola 
Solution, Motorola Mobility, and TechAmerica 
• Hot topics included: IT workforce development, immigration 
reform, crowdfunding, entrepreneurship and incubation, 
STEM education including coding at K-12, digital 
manufacturing and community colleges, connecting veterans 
to tech.
RESEARCH PARK DIRECTOR LAURA 
FRERICHS PROMOTES ENGAGEMENT 
INITIATIVES IN CHINA 
• Nǐ hǎo from Shanghai! Laura Frerichs went to China 
promoting the University of Illinois with President Bob Easter 
and Associate Chancellor for Corporate and International 
Relations Pradeep Khanna. We visited Caterpillar, ABInBev, 
and Abbott, and worked on developing new relationships.
LAURA FRERICHS JOINS ISTC BOARD 
OF DIRECTORS 
• The Illinois Science & Technology Coalition 
(ISTC), a not-for-profit organization focused on 
growing the state’s innovation economy.
ENTERPRISEWORKS HIGHLIGHTED IN 
ENERGY FOUNDRY FOR GROWTH IN 
MIDWEST
CHICAGO TRIBUNE HIGHLIGHTS 
RESEARCH PARK'S ABILITY TO 
CAPITALIZE ON STUDENT TALENT 
• The Chicago Tribune's BlueSky tech magazine 
highlighted the talent development 
opportunities in the Research Park in a series 
about venture capitalists. Research Park was 
included in the second part of the series on 
July 8.
PHI OPTICS CEO INTERVIEWED ABOUT 
NEW TECHNOLOGY
CHROMATIN’S RECENT SUCCESS 
HIGHLIGHTED IN CRAIN’S CHICAGO 
BUSINESS 
Crain's Chicago Business 
profiled the success of startup 
Chromatin, a graduate from 
the EnterpriseWorks 
incubator who currently has a 
6,000-square foot footprint in 
the University of Illinois 
Research Park. Research Park 
is very proud of Chromatin's 
team and their persistent 
diligence and hard work.
IL BIOQUARTERLY FEATURES 
RESEARCH PARK BIOTECH STARTUP 
COMPANIES
PHOTONICARE, RECOGNIZED BY 
SCIENCE360 NEWS 
PhotoniCare has received 
thousands of dollars in funding 
since their beginning in 2013. As 
of June 2014, they were accepted 
into the NSF I-CORPS national 
program.
MULTICOREWARE, AN 
ENTERPRISEWORKS STARTUP, ONE OF 
EE TIMES SILICON 60 
“MulticoreWare Inc. (Sunnyvale, Calif.), 
founded in 2009, is focused on compiler 
technologies and software for 
heterogeneous computing. 
MulticoreWare has engineers in the US, 
China, India, and Singapore. 
www.multicorewareinc.com”
YAHOO! CHAMPAIGN FOCUS OF CHRONICLE OF 
HIGHER EDUCATION FEATURE ON INDUSTRY-UNIVERSITY 
PARTNERSHIPS 
• In February, Yahoo broke ground on a 40,000 
square foot building in the University of Illinois 
Research Park; the building will open by the 
end of 2014.
CATERPILLAR'S DATA ANALYTICS LAB 
ANNOUNCEMENT GARNERS NATIONAL 
ATTENTION 
• The announcement of Caterpillar's Research Park 
operation expanding its data analytics capabilities 
garnered national attention this month, with the 
story picked up by the Associated Press, Markets 
Insider, and many industry publications.
CATERPILLAR CELEBRATES 15-YEAR 
ANNIVERSARY OF CHAMPAIGN 
SIMULATION CENTER
AUTOSCOUT, FEATURED ON ESPN2
EP PURIFICATION RECEIVES EPA GRANT 
• EPA SBIR Phase II Award, one of only 9 awards 
made by the agency this year nationally 
• EP Purification will commercialize a system for 
using ozone to treat water that will be 
considerably smaller, more efficient, and more 
cost effective than existing technologies.
TECH CRUNCH FEATURES RITHMIO FOR 
RECEIVING $650K IN SEED FUNDING 
• “Rithmio will use the cash to accelerate the 
operational and technical development of its 
current product.” 
Closed on Series A funding: 
Led by Marcin Kleczynski, CEO of 
Malwarebytes, with Illinois Ventures, 
Techra Investments, Hyde Park Venture 
Partners, Serra Ventures, BonaVentura 
and Fox Ventures
RITHMIO: TOP 6 PITCHS OF 2014 
PICKED BY VENTURE CAPITALISTS 
"First, the technology is impressive, 
and Adam can demonstrate how well it 
works," Turner says. "Secondly, Adam is 
an engineer with a strong knack for 
business, and he's incredibly 
passionate. He's the kind of guy you 
look at and say, 'This guy is going to 
have a billion-dollar company.' This is a 
guy I want to bet on.”
COMMON GROUND PUBLISHING 
RANKED NUMBER 15 IN LIBRARY FOR 
SOCIAL SCIENCE’S ANNUAL LIST OF 
WORLD’S TOP-RANKED PUBLISHERS
I-START GRANTS 
• Through the I-START program, $623,810 have been awarded 
• I-START companies have raised over $12 million in funding* 
• In calendar year 2014, $136,600 has been awarded to 
companies through the I-START program. 
• 2014 Investments for I-START companies are over $1.7 
million. 
• 2014 new I-Start companies (10 new startups): 
– Charmworks, Electroninks, Embedor Technologies, Illiac Software, 
InSight Technology, MicronJet, MealPlot Inc (nutri4us), OceanComm, 
soIL Diagnostics, Sun Buckets 
The I-Start Entrepreneur Assistance Program is a matching award 
program that offers a suite of first-year professional startup 
services for new entrepreneurs 
*Does not include all reporting by the first cohort of I-Start companies
EVENTS AND PROGRAMING 
• Women in the CU Tech Industry Lunch Forum 
• Pitch Party Events 
• EnterpriseWorks 10-Year Birthday Party 
Celebration 
• Research Park Annual Career Fair 
• Entrepreneur-in-Residence Workshops 
• CEO Roundtable events for local tech leaders 
• Startup Café events welcoming successful 
community entrepreneurs 
• Big Data Summit 
• Mobile Development Day
ENTREPRENEUR-IN-RESIDENCE (EIR) 
AND COMPANY CONSULTANTS 
A BIG thank you to EIRs: 
Lori Patterson, Chad Stiening, Harlee Sorkin, Tim 
Hoerr, Dennis Beard, Alan Singleton, Jed Taylor, 
Craig Vodnik, and Karin O’Connor 
John Quarton, Site Director in Residence 
Michael Welge, Big Data Executive in Residence 
Deana McDonagh, Designer in Residence 
SBIR Consultants: 
Dave Kellner, Mike Skreiner, Roland Garton
EIR LUNCH 
This year, Research Park held 
6 EIR Workshops, including 
“Crowdfunding & the JOBS 
Act”, “Building & Leading your 
Business”, “Sample Funding 
Term Sheets & Cap Tables”, 
“Stock Options”, “Throneless 
Mentality”, and “The Basics of 
Financial Reporting.”
SBIR EVENTS 
Several events were 
held throughout the 
year to promote best 
practices and aid in 
applying for SBIR 
funding. Jed Taylor and 
Mike Skreiner held 
Application Best 
Practices and SBIR/STTR 
training.
STARTUP CAFE 
Arpan Shah- CEO of Print Eco. 
He founded a profitable Web 
Design business in college prior 
to founding PrintEco. 
Glenn Shimkus-Glenn’s 
venture, Cartavi, founded in 
2009, was acquired by 
DocuSign. Glenn discussed 
building a company from the 
ground up and managing 
through an acquisition.
STARTUP CAFE 
Sultan Meghji- recognized leader 
in Enterprise Architecture and 
Innovation and Strategy. He has 
held numerous CIO roles in 
academia, and the private sector. 
Ben Blumenfeld- Ben is the co-director 
of the Designer fund. He 
has also been a design lead at 
Facebook and at Varien
STARTUP CAFE 
Craig Vodnik- Co-founder and VP 
Operations of cleverbridge and 
member of Hyde Park angels. 
Mark Aardsma- Started a sofware 
business at 24, and a 
manufacturing business at 26. He’s 
been recognized 3 times on Inc. 
Magazin’e fastest growing 
companies list. 
.
STARTUP CAFE 
Tom Siegel- Managing Director of 
IllinoisVENTURES and has over 25 
years experience as a venture 
capitalist, entrepreneur and 
management consultant. 
Brett Walker- CEO of 
ElectronInks, an EnterpriseWorks 
graduate, spoke about the 
process of going through a 
KickStarter, dealing with funding, 
and running a business.
RESEARCH PARK CAREER FAIR 
Students came in from 
campus to network and 
learn about the many 
companies in Research 
Park
PITCH PARTY 
A friendly event that encourages entrepreneurs to 
present their pitch and receive constructive criticism 
from peers.
2014 BIKE TO WORK DAY 
Research Park encouraged companies to ditch the drive 
and take their bike to work. 
Congrats to SEDAC for having the highest participation!
IMPROV THEATER WORKSHOP 
Zoo Improv stopped by to give some improv 
tips!
CU WOMEN IN TECH 
Successful women in technology roles present to CU 
women on their areas of expertise. Speakers 
included Ann Peedikayil, Deana McDonagh, and 
Miranda Kemp.
CU WOMEN IN TECH 
Ann Peedikayil works at the Caterpillar Champaign 
Simulation Center as Senior Engineer, and presented 
to CU women in February.
CU WOMEN IN TECH 
Designer-in-Residence, Deana McDonagh, spoke to a 
group of women who represented over 15 companies 
in Champaign-Urbana.
CU WOMEN IN TECH 
Carol Brighton, is currently the President and Owner 
of CSBrighton Consulting, LLC, a business strategy and 
communication consulting firm.
CU WOMEN IN TECH 
Miranda Kemp from State Farm shared 
some insight into entrepreneurship and 
innovation.
SUMMER INTERN EVENTS 
Interns at RP were able to attend Mixers, workshops, 
and other enriching events over the summer.
INTERN AWARDS PICNIC 
Many Outstanding Interns were nominated from the 
companies in RP.
TABLE TENNIS TOURNAMENT 
The 2014 Table Tennis tournament was a fierce competition, with winners 
in the Beginner, Intermediate, and Advanced categories bringing back 
glory to their companies. Yahoo! won back the Golden Paddle from HDF.
WEDDING RECEPTION IN RESEARCH 
PARK 
Staci, facility coordinator at Yahoo! and Chad, project 
manager at John Deere, were married May of 2014 and 
held their reception in the John Deere/Yahoo! Building 
where they first met.
OUTSIDE AT RESEARCH PARK 
Musical acts Davina and the Vagabonds and Terrance 
Siemen and the Zydeco Experience brought out the 
crowds in fun, family events over the summer.
RESEARCH PARK CAMPUS EVENTS 
Students came out in huge numbers during the sweltering first 
Sunday on campus to learn about Research Park.
RESEARCH PARK CAMPUS EVENTS 
Tabling events and Tech Sessions 
were held at Siebel Center, where 
students were able to talk to 
employers about careers at the Park.
RESEARCH PARK STUDENT OPEN HOUSE 
Hundreds of students came in from campus to 
tour the Park and network with the companies.
RESEARCH PARK STUDENT OPEN HOUSE 
• 20 Companies 
• 300 Students 
• 5 different tour groups 
• 60 pizzas
FIRE AT FIVE 
A beloved Research Park tradition, Fire at Five 
provided a monthly time to hang out with other 
employees, enjoy refreshments, good weather, 
and fun activities.
ABBOTT CHINA EMPLOYMENT EVENT 
Abbott's Research Park office hosted an event to 
expose exchange students to an opportunity to 
work in Abbott's Champaign office on campus 
and be trained to work full-time in Abbott's 
China offices.
BIG DATA SUMMIT 2014 
• 300+ attendees 
• 11 Sessions 
• 2 Keynotes 
• 50 speakers
BIG DATA SUMMIT 2014
MOBILE DAY 2014 
With an attendance of over 200 participants and 25 speakers, 
Mobile Development Day provides an opportunity for attendees to 
share information and network with peers about mobile 
development taking place in the entrepreneurial, corporate, and 
educational milieus. 
Register now for Mobile Day 2015! 
January 29, 2015 
I Hotel and Conference Center
EDUCATION/TRAINING 
• Two introductory courses were taught 
throughout the year: Android App Development 
Class, taught by William Seemann of AITS, and an 
iOS App Development Class, taught by Bri 
Chapman, Founder of CocoaNuts.
RESEARCH PARK GIVING BACK 
• Chili Cookoff 
Donations from this event 
given directly to the Orpheum 
Children’s Museum. 
• Blood Drives 
Held in EnterpriseWorks to 
help banks in school off-months 
• Eastern Illinois Food 
Drive 
Boxes are set up around the 
park to collect food donations.
CHILI COOKOFF 
Research Park employees cooked their favorite chili 
recipe to be tasted and scored by a panel of 4 judges. 
Donations from this event directly donated to The 
Orpheum Children’s Museum.
RESEARCH PARK SPONSORS GIS DAY 
GIS Day provides an international forum for 
users of geographic information systems (GIS) 
technology to demonstrate real-world 
applications that are making a difference in our 
society.
VC COMPANY FUNDING & SUPPORT 
• Total Company VC/Angel Funds Raised in only 
2014 is $136,633,719. 
• Biotechnology companies: $53,040,000.00 
• Clean technology 
companies: $ 47,644,288.00 
• Software/IT companies: $ 34,098,373.00
COMPANY HIGHLIGHTS 
• Agrible’s Paul Miller spoke at GIS Day 2014 and at 
Big Data Summit. 
• 8 new employees were hired. 
• Agrible established contracts with major 
Agricultural Companies in the US and Abroad 
• Alpha development of Big Ag Data Platform, 
Morning Farm Report, with release early next 
year.
COMPANY HIGHLIGHTS 
• IGB “Science is Art” exhibition at Atkins 
Building.
COMPANY HIGHLIGHTS 
• Abbvie moved into their new Innovation 
Center at the Atkins Building.
COMPANY HIGHLIGHTS 
• Yahoo! Champaign expanded the number of 
software developers by ~30% 
• Yahoo! Moved into their new building on 
December 8th, 2014!
COMPANY HIGHLIGHTS 
• IntelliWheels received $1.5 Million Phase II 
SBIR funding 
• Josh George wins Chicago Marathon and is 
awarded the 40 Under 40 Award.
COMPANY HIGHLIGHTS 
• Akuna Capital opened an office in Shanghai and 
Boston, as well as expanded the Chicago office. 
19 interns were hired for the summer, and intern-developed 
code was released into production 
supporting trading operations.
COMPANY HIGHLIGHTS 
• Grand opening for the Turn Innovation Center 
happened in April. 
• Turn presented to the Champaign County EDC Board. 
• The Champaign Innovation Center represented Turn in 
presentation to NACRO conference at Purdue. 
• Turn’s Ross Bundy presented at the Big Data Summit.
COMPANY HIGHLIGHTS 
• CERL/ERDC contracted with SpectroClick, Inc. for 
system development, patent issued in November. 
• SpectroClick Inc. exhibited at PittCon 2014 in Chicago!
COMPANY HIGHLIGHTS 
• Serionix had a wonderful team bonding experience 
while hiking at Turkey Run in August. 
• Filtration media was produced for a commercial 
partner. It came off a pilot-scale production line that 
was designed and built over the summer! 
• 2 Interns were finalists for intern awards, and one of 
them won!
COMPANY HIGHLIGHTS 
• HYX Biotech LLC Initiated a project “the analysis of the cellulosic 
market and its incumbent players” in Spring semester 2014. This 
project involved collaboration with UIUC graduate students in 
Technology Management. 
• Dr. Fu, President Li, and a delegation from the parent company 
visited the Bioenergy Research Unit (BER) at United States 
Department of Agriculture Agricultural Research Service in May. 
The two parties had broad discussion on potential cooperation 
on development of enzyme products for biomass degradation 
for advanced biofuel purpose.
COMPANY HIGHLIGHTS 
• BioAnalytics’ CEO Lucas 
Smith Received his First 
Masters in Biology! 
• Awarded an NSF SBIR Phase I 
Grant for Platform 
Development. 
• Mentioned in the iBio 
Institute publication 
BIOLOGICAL 
• Initiated a BioEngineering 
Senior Design Project. 
• Filed for the company’s first 
non-provisional patent 
BioAnalytics Immunoassay 
Development Kit

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Research Park: Year in Review 2014

  • 1. RESEARCH PARK 2014 YEAR IN REVIEW Holiday Party December 11, 2014
  • 2. NEW CLIENTS AT ENTERPRISEWORKS - Inscites Research, Inc. - UEM Inc. - MN Squared - fNograph 13 New - Agrible EnterpriseWorks - AgLVT Tenants in 2014 - AutoScout, Inc. - Lumenous - Charmworks, Inc. - PhotoniCare - Revolutionary Medicines (formerly Midasyn) - Servabo - Exalt Diagnostics
  • 3. NEW CLIENTS AT ENTERPRISEWORKS Inscites Research Inscites is a National Science Foundation funded digital start-up developed by scientists to integrate into a researchers workflow and allow easy/secure knowledge curation and collaboration. By leveraging digital technologies, Inscites increases the return on investment on research spending. 2nd Place Winner at 14th Annual COZAD New Venture Competition - $10,000 Prize
  • 4. NEW CLIENTS AT ENTERPRISEWORKS MN Squared New software providing an educational service (Knowledge score) to learn, complete a self-assessment, and comparative analysis to identify gaps in knowledge. Students, parents and teachers can use these scores to develop personalized learning plans. Company Founder Ravi Maturi
  • 5. NEW CLIENTS AT ENTERPRISEWORKS fNograph The fNograph is a database of millennial mindsets. It’s a customizable tool that lets companies visually verify how millennials live around the world. Clients can observe how different consumer segments make product and lifestyle decisions in a fast and simple video format. The fNograph is a simple and easy way to observe and interview consumer segments from around the world.
  • 6. NEW CLIENTS AT ENTERPRISEWORKS Agrible Agrible is a big data technology and data products company, focused on providing innovative science that farmers and ag companies can use easily every day to improve their production with cloud-based delivery systems.
  • 7. NEW CLIENTS AT ENTERPRISEWORKS AgLVT AgLVT uses GIS software platforms for linking database information to valuation decisions for farmland. Clients include appraisers, financial institutions, investors, and farm operators. AgLVT is developing a web-based automated farmland appraisal system to incorporate detailed geospatial analyses for fine-grained differentiation for variables that impact the cost of owning and operating farmland. Robert Hornbaker, owner of AgLVT
  • 8. NEW CLIENTS AT ENTERPRISEWORKS AutoScout AutoScout is developing automated computational algorithms suitable for the automated analysis of football video. Automated tasks include video editing and automated semantic analysis of game footage and statistic extraction. Algorithms include estimating camera location and motion, tracking movements, and understanding actions. This will ultimately lead to automated inferences, and thus assist in the development of team strategies. Shaunak Ahuja, co-founder of AutoScout Featured on ESPN
  • 9. NEW CLIENTS AT ENTERPRISEWORKS Lumenous Lumenous creates computer vision technology to make projection mapping easier, cheaper, and more powerful in advertising. Company launched by three leading computer science PhD students with expertise and licensing history in computer vision technologies. Lemelson Illinois prize winner and Cozad new venture competition
  • 10. NEW CLIENTS AT ENTERPRISEWORKS Charmworks Charm is a software system for helping programmers write science and engineering applications for powerful computers, such as clusters. The software includes multiple components including adaptive runtime libraries, performance analysis tools, debuggers, and visualization tools.
  • 11. NEW CLIENTS AT ENTERPRISEWORKS PhotoniCare A line of portable biomedical optical imaging products based on a novel imaging system suitable for use in the field of primary care medicine, or for front-line healthcare services such as retail convenient care clinics, optometrists, or dental care clinics. These products will utilize a technology called optical coherence tomography (OCT), which is a non-invasive optical imaging technique capable of providing high-resolution three-dimensional images of tissue structure in real-time.
  • 12. NEW CLIENTS AT ENTERPRISEWORKS Revolution Medicines Formerly midasyn, Revolution Medicines is commercializing a technology platform that will enable the automated synthesis of small molecules. The company will provide services as well as the sale of molecules, chemical libraries, reagents, and small molecule synthesizers.
  • 13. NEW CLIENTS AT ENTERPRISEWORKS Servabo Servabo is a self-protection technology to reduce the frequency of violent crime. In order to prevent these crimes, Servabo is engineering innovative solutions to everyday security concerns. Creating a wireless “panic button” and shadow app that can be placed on personal accessories and phones. It quickly and discreetly notifys friends of an emergency to providing enhanced safety measures. Won Top Prize at Cozad New Venture Competition 2013 – Most Fundable Venture
  • 14. NEW CLIENTS AT ENTERPRISEWORKS Exalt Diagnostics Founded by Prof Brian Cunningham, Electrical and Computer Engineering, University of Illinois, Exalt Diagnostics will use Photonic Crystal Enhanced Fluorescence technology for detection of protein, DNA, and MRNA disease biomarkers for applications in human healthcare, animal health, and agriculture.
  • 15. EW GRADUATES • Aqueous Solutions • Runtime Verification • ElectronInks • Prairiefire Consulting • MulticoreWare-December
  • 16. GRADUATES FROM ENTERPRISEWORKS Runtime Verification provides solutions to analyze your team's code through cutting-edge program analysis research. Their tools are automatic, generate no false positives, and integrate easily into your team's existing workflow. They are now located at 102 E Main St #207, Urbana.
  • 17. GRADUATES FROM ENTERPRISEWORKS Prairiefire improves quality by reducing its sensitivity to real world variation, preventing and solving problems throughout the design and manufacturing cycle. They emphasize purposeful design, focusing on the concrete effects of geometry and multi-physics, not just statistics.
  • 18. GRADUATES FROM ENTERPRISEWORKS Aqueous Solutions LLC develops, maintains, and supports The Geochemist's Workbench (GWB), and trains users in how to apply the software package. Geochemists from more than 60 countries around the world use the GWB to solve a range of problems in the aqueous geochemistry of Earth’s hydrosphere and biosphere. Their new location is 301 N Neil St. Suite 400.
  • 19. GRADUATES FROM ENTERPRISEWORKS MulticoreWare Inc is a Software and Systems Integration solutions company which provides heterogeneous multicore solutions for high performance computing applications using multicore and many core processors. Their new location is in Urbana, IL.
  • 20. GRADUATES FROM ENTERPRISEWORKS Founded by Dr. Brett Walker, Materials Science & Engineering at University of Illinois, Electroninks makes reactive silver inks for different printing processes that can be patterned via inkjet, flexopress, aerosol jet, and other low viscosity processes. Through the help of a successful Kickstarter campaign their CircuitScribe products are being manufactured for STEM learning.
  • 21. NEW ADDITIONS TO THE RESEARCH PARK • Grainger • AbbVie • Foxconn Interconnect • Turn
  • 22. NEW ADDITIONS TO THE RESEARCH PARK Grainger is a Fortune 500 industrial supply distribution company. Distributes various supplies such as material handling, safety and security, cleaning and maintenance, pumps and plumbing, electrical, lighting, tools, metalworking, motors, and power transmissions. The new Research Park operation is located in the Atkins Building.
  • 23. NEW ADDITIONS TO THE RESEARCH PARK AbbVie is a global, research-based biopharmaceutical company formed in 2013 following separation from Abbott Laboratories. The company's mission is to use its expertise, dedicated people and unique approach to innovation to develop and market advanced therapies that address some of the world's most complex and serious diseases. AbbVie employs approximately 25,000 people worldwide and markets medicines in more than 170 countries. The new Research Park operation is located in the Atkins Building.
  • 24. Abbvie Opens in the Research Park • Abbvie, the global biopharmaceutical company based in North Chicago, IL opened their new Innovation Center.
  • 25. NEW ADDITIONS TO THE RESEARCH PARK Foxconn Interconnect Technology Limited (“FIT”) focuses on the development, manufacturing and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables and modules for applications in computers, communication equipment, consumer electronics, automobiles, industrial and green energy field products. With offices and manufacturing sites located in Asia, the Americas and Europe, FIT is a global leader in the supply of precision components. The new Research Park operation is located in the State Farm Building.
  • 26. NEW ADDITIONS TO THE RESEARCH PARK Turn helps power the world's largest advertisers and trading desks through technology that delivers real-time data insights on campaign performance. The new Research Park operation is located in the Atkins Building.
  • 27. GROWTH & DEVELOPMENT • Caterpillar announces new analytics center. • The new Yahoo! Building will be the Park’s 14th building. • EnterpriseWorks employs 219, including 62 students across 50 companies. This is a 10.5% growth from 2013. • The whole Park employs 1574, with 474 students. This is a 7.5% growth from 2013. • EnterpriseWorks clients raised $7.6 Million in Venture Capital and Angel Funding in 2014.
  • 28. CATERPILLAR 15 YEAR ANNIVERSARY Caterpillar celebrated their 15 years at Research Park and announced the development of a new data analytics laboratory.
  • 29. YAHOO! NEW BUILDING START-TO-FINISH IN 2014
  • 30. NEW EW STAFF Cynthia Faullin-Assistant Director for Operations, oversees management and leasing of EW incubator, program implementation, and metrics Paul Wagner-Network Coordinator, address networking and internet/telecommunications needs; manages the EnterpriseWorks Co-Location Server room; provides IT support for the Research Park staff. Jim Wells- EnterpriseWorks Facility Manager, manages the maintenance and operational functions of the EnterpriseWorks building and responds to tenant service needs.
  • 31. NEW EW STAFF Sheri Wilson- New Support Staff, manages room bookings, assists in operations. Erich Diesel- EnterpriseWorks lab manager, in charge of maintaining laboratories and supplies Courtney Busscher-Economic Development and Information Specialist
  • 32. ENTERPRISEWORKS SHARED SERVICES Shared services is a diverse team of student specialists and supplemental part-time staff to help work on projects for small businesses in the Research Park. It is a free service that is meant to help Research Park companies with projects they may not be able to complete on their own.
  • 33. AWARDS & RECOGNITIONS 2014 Central Illinois “40 Under 40” honorees: Laura Bleill, Assistant Director for External Relations at Research Park, and mom-in-chief at Chambanamoms.com Josh George, Product Manager for IntelliWheels, Inc., professional wheelchair racer, and motiovational speaker.
  • 34. AWARD AND RECOGNITIONS SBIR/STTR Awards in 2014: $3,450,891 awarded to 6 companies: • ATSP Innovations: $96,997, NSF SBIR Phase 2 Supplemental Funding Award • Charmworks: $149,568, DOE SBIR Phase 1 • Dioxide Materials: $95,000, DOC/NOAA SBIR Phase 1 • Dioxide Materials: $1,010,000, DOE SBIR Phase 2 • Electroninks: $150,000, NSF SBIR Phase 1 • Intelliwheels: $1,500,000, NIH SBIR Phase 2 • Serionix: $449,326, NSF SBIR Phase 2
  • 35. AWARD AND RECOGNITIONS • Servabo in top 3 of StartupVoodoo’s Most Promising Recognition. • Rithmio and Lumenous win Technology Entrepreneur Center’s Cozad Competition for the 2013- 2014 year.
  • 36. INNOVATION CELEBRATION This event recognizes individuals and organizations that have made significant contributions, taken risks, and provided leadership to ensure the continuing economic success of Champaign County, the ongoing success of the University’s economic development mission, and the growth of entrepreneurial talent and energy in the community.
  • 37. INNOVATION CELEBRATION AWARD FINALISTS • Servabo • Phi Optics • Veriflow • Electroninks • Jed Taylor, U of I Techonology Entrepreneur Center • Dennis Beard, Serra Ventures • Fox/Atkins Development • Mike Folk, HDF Group • Bill Cope, Common Ground Publishing
  • 38. Entrepreneurial Excellence: Social Venture Award Winner: Servabo
  • 39. Entrepreneurial Excellence: New Venture Award Finalists: Phi Optics Veriflow Winner: Electroninks Brett Walker of Electroninks
  • 40. Entrepreneurial Excellence: Advocacy Award Winner: Dennis Beard – Serra Ventures
  • 41. Innovation: Economic Development Impact Award Finalists: Fox Atkins Walter Lohmann
  • 42. Entrepreneurial Excellence: Mike Folk HDF Group Bill Cope Common Ground Publishing Management Award Finalists:
  • 43. AWARD AND RECOGNITIONS Research Park Honors Top Interns of 2014 Most Valuable Graduate Student in the Research Park: Nathan Pratt, Ph.D. Nutritional Sciences, Abbott Most Valuable Undergraduate Student in the Research Park: Sarah Frankland-Searby, BS Bioengineering, Abbott
  • 44. AWARDS AND RECOGNITIONS Research Park Honors Top Interns of 2014 Most Advanced Marketing/Business Development Intern: Vincent English, BS Statistics, AB InBev Best Entrepreneurial Leadership in a Startup: Jin Kim, BS MechSE, Serionix Best Tech Innovation: Jason Freeck, BS EE, State Farm
  • 45. EP PURIFICATION WINS CLEAN ENERGY CHALLENGE $100,000 GRAND PRIZE
  • 46. AWARDS AND RECOGNITIONS • Josh George of IntelliWheels wins the Chicago Marathon.
  • 47. ENTERPRISEWORKS CONGRATULATES COZAD PRIZE WINNERS • Rithmio, the winner of the University funded track, is creating gesture recognition software for wearable devices. • Lumenous, the non-University funded winner, enables designers to inexpensively create immersive experiences called “projection mapping,” • Second place for non-University funded teams was Inscites Research, a platform that integrates into a researcher’s workflow
  • 48. CHAMPAIGN-URBANA NAMED A “MOST PROMISING TECH HUB TO WATCH IN 2014”
  • 49. IN THE MEDIA SIMNEXT’S MEDICAL SIMULATION EXPERT FEATURED IN NEW-GAZETTE Rowland could probably create special effects for theater or movies. But he would rather stay where he is: He believes his job of enhancing realism in medical training is a higher calling.
  • 50. SERRA CAPITAL II FUND FEATURED IN NEWS-GAZETTE BUSINESS
  • 51. ENTERPRISEWORKS STARTUP DIOXIDE MATERIALS FEATURED IN NEW SCIENTIST • "Don't waste CO2, turn it into bottles and glue" about start-up companies that view CO2 as a resource rather than a waste product. • New Scientist cited Dioxide Materials for its work in partnership with 3M.
  • 52. PERSONIFY CEO INTERVIEWED BY CBS NEWS REGARDING AMAZON SMARTPHONE
  • 53. ORACLE BIOSCIENCES AWARDED $1 MILLION FOR CANCER RESEARCH The National Cancer Institute awarded the grant to Oracle Biosciences LLC, Carle Dr. Partha Ray's biotech company, which has laboratory facilities at EnterpriseWorks incubator at the Research Park.
  • 54. FOUNDER OF SPECTROCLICK INTERVIEWED BY SPECTROSCOPY ONLINE • SpectroClick's founder, Alexander Scheeline, was recently interviewed by Spectroscopy Online about creating a cell-phone based spectrometer.
  • 55. CHICAGO DAILY HERALD INTERVIEWS RESEARCH PARK DIRECTOR LAURA FRERICHS • The Daily Herald interviewed Research Park Director, Laura Frerichs about co-working space. "There certainly is a boom in startup culture. Many people are seeing the opportunity to start companies," said Laura Frerichs, director of the Research Park at the University of Illinois in Urbana-Champaign, which has been home to a business incubator since 2003 and recently began offering co-working. "Governments are becoming more excited about growing their economies with startups."
  • 56. BUILT IN CHICAGO PROFILES ENTERPRISEWORKS INCUBATOR • Built in Chicago interviewed Research Park Director, Laura Frerichs, about how connecting the city's startup community with current tech trends and startups at the University of Illinois at Urbana- Champaign will strongly benefit the statewide tech community, in an article published March 10. • “There's an opportunity to see this as a collective benefit we have is a region,” she said. "That is more appealing than just one particular activity that may be happening in Chicago, but more of an explanation of why Illinois is relevant, why the Midwest is relevant.”
  • 57. UIUC AND SANDIA NATIONAL LABORATORIES KICK-OFF RESEARCH PARTNERSHIP • Sandia National Laboratories and the University of Illinois at Urbana-Champaign have signed a formal five-year agreement to advance collaboration and information sharing between the Department of Energy’s National Security Lab and one of the world’s premier research universities.
  • 58. RESEARCH PARK CITED FOR JOB CREATION AS CHAMPAIGN NAMED THIRD FASTEST GROWING CITY IN ILLINOIS • The Research Park is also supporting job and income growth in Champaign through its startup incubator EnterpriseWorks, which supports science and technology startups with lab and office space, entrepreneurship classes and the resources of the university community.
  • 59. FRERICHS VISITS CAPITOL HILL TO DISCUSS RESEARCH PARK, TECH POLICY • The Capitol Hill briefing on the state's high-tech industry was organized by the Illinois Chamber of Commerce. • Other speakers included: 1871, Orbitz, Google, Motorola Solution, Motorola Mobility, and TechAmerica • Hot topics included: IT workforce development, immigration reform, crowdfunding, entrepreneurship and incubation, STEM education including coding at K-12, digital manufacturing and community colleges, connecting veterans to tech.
  • 60. RESEARCH PARK DIRECTOR LAURA FRERICHS PROMOTES ENGAGEMENT INITIATIVES IN CHINA • Nǐ hǎo from Shanghai! Laura Frerichs went to China promoting the University of Illinois with President Bob Easter and Associate Chancellor for Corporate and International Relations Pradeep Khanna. We visited Caterpillar, ABInBev, and Abbott, and worked on developing new relationships.
  • 61. LAURA FRERICHS JOINS ISTC BOARD OF DIRECTORS • The Illinois Science & Technology Coalition (ISTC), a not-for-profit organization focused on growing the state’s innovation economy.
  • 62. ENTERPRISEWORKS HIGHLIGHTED IN ENERGY FOUNDRY FOR GROWTH IN MIDWEST
  • 63. CHICAGO TRIBUNE HIGHLIGHTS RESEARCH PARK'S ABILITY TO CAPITALIZE ON STUDENT TALENT • The Chicago Tribune's BlueSky tech magazine highlighted the talent development opportunities in the Research Park in a series about venture capitalists. Research Park was included in the second part of the series on July 8.
  • 64. PHI OPTICS CEO INTERVIEWED ABOUT NEW TECHNOLOGY
  • 65. CHROMATIN’S RECENT SUCCESS HIGHLIGHTED IN CRAIN’S CHICAGO BUSINESS Crain's Chicago Business profiled the success of startup Chromatin, a graduate from the EnterpriseWorks incubator who currently has a 6,000-square foot footprint in the University of Illinois Research Park. Research Park is very proud of Chromatin's team and their persistent diligence and hard work.
  • 66. IL BIOQUARTERLY FEATURES RESEARCH PARK BIOTECH STARTUP COMPANIES
  • 67. PHOTONICARE, RECOGNIZED BY SCIENCE360 NEWS PhotoniCare has received thousands of dollars in funding since their beginning in 2013. As of June 2014, they were accepted into the NSF I-CORPS national program.
  • 68. MULTICOREWARE, AN ENTERPRISEWORKS STARTUP, ONE OF EE TIMES SILICON 60 “MulticoreWare Inc. (Sunnyvale, Calif.), founded in 2009, is focused on compiler technologies and software for heterogeneous computing. MulticoreWare has engineers in the US, China, India, and Singapore. www.multicorewareinc.com”
  • 69. YAHOO! CHAMPAIGN FOCUS OF CHRONICLE OF HIGHER EDUCATION FEATURE ON INDUSTRY-UNIVERSITY PARTNERSHIPS • In February, Yahoo broke ground on a 40,000 square foot building in the University of Illinois Research Park; the building will open by the end of 2014.
  • 70. CATERPILLAR'S DATA ANALYTICS LAB ANNOUNCEMENT GARNERS NATIONAL ATTENTION • The announcement of Caterpillar's Research Park operation expanding its data analytics capabilities garnered national attention this month, with the story picked up by the Associated Press, Markets Insider, and many industry publications.
  • 71. CATERPILLAR CELEBRATES 15-YEAR ANNIVERSARY OF CHAMPAIGN SIMULATION CENTER
  • 73. EP PURIFICATION RECEIVES EPA GRANT • EPA SBIR Phase II Award, one of only 9 awards made by the agency this year nationally • EP Purification will commercialize a system for using ozone to treat water that will be considerably smaller, more efficient, and more cost effective than existing technologies.
  • 74. TECH CRUNCH FEATURES RITHMIO FOR RECEIVING $650K IN SEED FUNDING • “Rithmio will use the cash to accelerate the operational and technical development of its current product.” Closed on Series A funding: Led by Marcin Kleczynski, CEO of Malwarebytes, with Illinois Ventures, Techra Investments, Hyde Park Venture Partners, Serra Ventures, BonaVentura and Fox Ventures
  • 75. RITHMIO: TOP 6 PITCHS OF 2014 PICKED BY VENTURE CAPITALISTS "First, the technology is impressive, and Adam can demonstrate how well it works," Turner says. "Secondly, Adam is an engineer with a strong knack for business, and he's incredibly passionate. He's the kind of guy you look at and say, 'This guy is going to have a billion-dollar company.' This is a guy I want to bet on.”
  • 76. COMMON GROUND PUBLISHING RANKED NUMBER 15 IN LIBRARY FOR SOCIAL SCIENCE’S ANNUAL LIST OF WORLD’S TOP-RANKED PUBLISHERS
  • 77. I-START GRANTS • Through the I-START program, $623,810 have been awarded • I-START companies have raised over $12 million in funding* • In calendar year 2014, $136,600 has been awarded to companies through the I-START program. • 2014 Investments for I-START companies are over $1.7 million. • 2014 new I-Start companies (10 new startups): – Charmworks, Electroninks, Embedor Technologies, Illiac Software, InSight Technology, MicronJet, MealPlot Inc (nutri4us), OceanComm, soIL Diagnostics, Sun Buckets The I-Start Entrepreneur Assistance Program is a matching award program that offers a suite of first-year professional startup services for new entrepreneurs *Does not include all reporting by the first cohort of I-Start companies
  • 78. EVENTS AND PROGRAMING • Women in the CU Tech Industry Lunch Forum • Pitch Party Events • EnterpriseWorks 10-Year Birthday Party Celebration • Research Park Annual Career Fair • Entrepreneur-in-Residence Workshops • CEO Roundtable events for local tech leaders • Startup Café events welcoming successful community entrepreneurs • Big Data Summit • Mobile Development Day
  • 79. ENTREPRENEUR-IN-RESIDENCE (EIR) AND COMPANY CONSULTANTS A BIG thank you to EIRs: Lori Patterson, Chad Stiening, Harlee Sorkin, Tim Hoerr, Dennis Beard, Alan Singleton, Jed Taylor, Craig Vodnik, and Karin O’Connor John Quarton, Site Director in Residence Michael Welge, Big Data Executive in Residence Deana McDonagh, Designer in Residence SBIR Consultants: Dave Kellner, Mike Skreiner, Roland Garton
  • 80. EIR LUNCH This year, Research Park held 6 EIR Workshops, including “Crowdfunding & the JOBS Act”, “Building & Leading your Business”, “Sample Funding Term Sheets & Cap Tables”, “Stock Options”, “Throneless Mentality”, and “The Basics of Financial Reporting.”
  • 81. SBIR EVENTS Several events were held throughout the year to promote best practices and aid in applying for SBIR funding. Jed Taylor and Mike Skreiner held Application Best Practices and SBIR/STTR training.
  • 82. STARTUP CAFE Arpan Shah- CEO of Print Eco. He founded a profitable Web Design business in college prior to founding PrintEco. Glenn Shimkus-Glenn’s venture, Cartavi, founded in 2009, was acquired by DocuSign. Glenn discussed building a company from the ground up and managing through an acquisition.
  • 83. STARTUP CAFE Sultan Meghji- recognized leader in Enterprise Architecture and Innovation and Strategy. He has held numerous CIO roles in academia, and the private sector. Ben Blumenfeld- Ben is the co-director of the Designer fund. He has also been a design lead at Facebook and at Varien
  • 84. STARTUP CAFE Craig Vodnik- Co-founder and VP Operations of cleverbridge and member of Hyde Park angels. Mark Aardsma- Started a sofware business at 24, and a manufacturing business at 26. He’s been recognized 3 times on Inc. Magazin’e fastest growing companies list. .
  • 85. STARTUP CAFE Tom Siegel- Managing Director of IllinoisVENTURES and has over 25 years experience as a venture capitalist, entrepreneur and management consultant. Brett Walker- CEO of ElectronInks, an EnterpriseWorks graduate, spoke about the process of going through a KickStarter, dealing with funding, and running a business.
  • 86. RESEARCH PARK CAREER FAIR Students came in from campus to network and learn about the many companies in Research Park
  • 87. PITCH PARTY A friendly event that encourages entrepreneurs to present their pitch and receive constructive criticism from peers.
  • 88. 2014 BIKE TO WORK DAY Research Park encouraged companies to ditch the drive and take their bike to work. Congrats to SEDAC for having the highest participation!
  • 89. IMPROV THEATER WORKSHOP Zoo Improv stopped by to give some improv tips!
  • 90. CU WOMEN IN TECH Successful women in technology roles present to CU women on their areas of expertise. Speakers included Ann Peedikayil, Deana McDonagh, and Miranda Kemp.
  • 91. CU WOMEN IN TECH Ann Peedikayil works at the Caterpillar Champaign Simulation Center as Senior Engineer, and presented to CU women in February.
  • 92. CU WOMEN IN TECH Designer-in-Residence, Deana McDonagh, spoke to a group of women who represented over 15 companies in Champaign-Urbana.
  • 93. CU WOMEN IN TECH Carol Brighton, is currently the President and Owner of CSBrighton Consulting, LLC, a business strategy and communication consulting firm.
  • 94. CU WOMEN IN TECH Miranda Kemp from State Farm shared some insight into entrepreneurship and innovation.
  • 95. SUMMER INTERN EVENTS Interns at RP were able to attend Mixers, workshops, and other enriching events over the summer.
  • 96. INTERN AWARDS PICNIC Many Outstanding Interns were nominated from the companies in RP.
  • 97. TABLE TENNIS TOURNAMENT The 2014 Table Tennis tournament was a fierce competition, with winners in the Beginner, Intermediate, and Advanced categories bringing back glory to their companies. Yahoo! won back the Golden Paddle from HDF.
  • 98. WEDDING RECEPTION IN RESEARCH PARK Staci, facility coordinator at Yahoo! and Chad, project manager at John Deere, were married May of 2014 and held their reception in the John Deere/Yahoo! Building where they first met.
  • 99. OUTSIDE AT RESEARCH PARK Musical acts Davina and the Vagabonds and Terrance Siemen and the Zydeco Experience brought out the crowds in fun, family events over the summer.
  • 100. RESEARCH PARK CAMPUS EVENTS Students came out in huge numbers during the sweltering first Sunday on campus to learn about Research Park.
  • 101. RESEARCH PARK CAMPUS EVENTS Tabling events and Tech Sessions were held at Siebel Center, where students were able to talk to employers about careers at the Park.
  • 102. RESEARCH PARK STUDENT OPEN HOUSE Hundreds of students came in from campus to tour the Park and network with the companies.
  • 103. RESEARCH PARK STUDENT OPEN HOUSE • 20 Companies • 300 Students • 5 different tour groups • 60 pizzas
  • 104. FIRE AT FIVE A beloved Research Park tradition, Fire at Five provided a monthly time to hang out with other employees, enjoy refreshments, good weather, and fun activities.
  • 105. ABBOTT CHINA EMPLOYMENT EVENT Abbott's Research Park office hosted an event to expose exchange students to an opportunity to work in Abbott's Champaign office on campus and be trained to work full-time in Abbott's China offices.
  • 106. BIG DATA SUMMIT 2014 • 300+ attendees • 11 Sessions • 2 Keynotes • 50 speakers
  • 108. MOBILE DAY 2014 With an attendance of over 200 participants and 25 speakers, Mobile Development Day provides an opportunity for attendees to share information and network with peers about mobile development taking place in the entrepreneurial, corporate, and educational milieus. Register now for Mobile Day 2015! January 29, 2015 I Hotel and Conference Center
  • 109. EDUCATION/TRAINING • Two introductory courses were taught throughout the year: Android App Development Class, taught by William Seemann of AITS, and an iOS App Development Class, taught by Bri Chapman, Founder of CocoaNuts.
  • 110. RESEARCH PARK GIVING BACK • Chili Cookoff Donations from this event given directly to the Orpheum Children’s Museum. • Blood Drives Held in EnterpriseWorks to help banks in school off-months • Eastern Illinois Food Drive Boxes are set up around the park to collect food donations.
  • 111. CHILI COOKOFF Research Park employees cooked their favorite chili recipe to be tasted and scored by a panel of 4 judges. Donations from this event directly donated to The Orpheum Children’s Museum.
  • 112. RESEARCH PARK SPONSORS GIS DAY GIS Day provides an international forum for users of geographic information systems (GIS) technology to demonstrate real-world applications that are making a difference in our society.
  • 113. VC COMPANY FUNDING & SUPPORT • Total Company VC/Angel Funds Raised in only 2014 is $136,633,719. • Biotechnology companies: $53,040,000.00 • Clean technology companies: $ 47,644,288.00 • Software/IT companies: $ 34,098,373.00
  • 114. COMPANY HIGHLIGHTS • Agrible’s Paul Miller spoke at GIS Day 2014 and at Big Data Summit. • 8 new employees were hired. • Agrible established contracts with major Agricultural Companies in the US and Abroad • Alpha development of Big Ag Data Platform, Morning Farm Report, with release early next year.
  • 115. COMPANY HIGHLIGHTS • IGB “Science is Art” exhibition at Atkins Building.
  • 116. COMPANY HIGHLIGHTS • Abbvie moved into their new Innovation Center at the Atkins Building.
  • 117. COMPANY HIGHLIGHTS • Yahoo! Champaign expanded the number of software developers by ~30% • Yahoo! Moved into their new building on December 8th, 2014!
  • 118. COMPANY HIGHLIGHTS • IntelliWheels received $1.5 Million Phase II SBIR funding • Josh George wins Chicago Marathon and is awarded the 40 Under 40 Award.
  • 119. COMPANY HIGHLIGHTS • Akuna Capital opened an office in Shanghai and Boston, as well as expanded the Chicago office. 19 interns were hired for the summer, and intern-developed code was released into production supporting trading operations.
  • 120. COMPANY HIGHLIGHTS • Grand opening for the Turn Innovation Center happened in April. • Turn presented to the Champaign County EDC Board. • The Champaign Innovation Center represented Turn in presentation to NACRO conference at Purdue. • Turn’s Ross Bundy presented at the Big Data Summit.
  • 121. COMPANY HIGHLIGHTS • CERL/ERDC contracted with SpectroClick, Inc. for system development, patent issued in November. • SpectroClick Inc. exhibited at PittCon 2014 in Chicago!
  • 122. COMPANY HIGHLIGHTS • Serionix had a wonderful team bonding experience while hiking at Turkey Run in August. • Filtration media was produced for a commercial partner. It came off a pilot-scale production line that was designed and built over the summer! • 2 Interns were finalists for intern awards, and one of them won!
  • 123. COMPANY HIGHLIGHTS • HYX Biotech LLC Initiated a project “the analysis of the cellulosic market and its incumbent players” in Spring semester 2014. This project involved collaboration with UIUC graduate students in Technology Management. • Dr. Fu, President Li, and a delegation from the parent company visited the Bioenergy Research Unit (BER) at United States Department of Agriculture Agricultural Research Service in May. The two parties had broad discussion on potential cooperation on development of enzyme products for biomass degradation for advanced biofuel purpose.
  • 124. COMPANY HIGHLIGHTS • BioAnalytics’ CEO Lucas Smith Received his First Masters in Biology! • Awarded an NSF SBIR Phase I Grant for Platform Development. • Mentioned in the iBio Institute publication BIOLOGICAL • Initiated a BioEngineering Senior Design Project. • Filed for the company’s first non-provisional patent BioAnalytics Immunoassay Development Kit