tec stephanie larson december 11, 2015
DESCRIPTION
2 TEC Offers EXPERIENCES COURSES PROGRAMSTRANSCRIPT
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Technology Entrepreneur Center
• Created in 2000• Located in College of Engineering• Campus-wide entrepreneurship programs
provides students and faculty with the skills, resources and experiences necessary to become successful innovators, entrepreneurs and leaders
who tackle grand challenges and change the world
www.tec.illinois.edu
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TEC Offers
EXPERIENCES
COURSES PROGRAMS
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TEC Programs
• 5,000+ participants annually • SocialFuse• Cozad New Venture Competition• Track for teams with technology
funded through the university• Illinois Innovation Prize for $20,000• Other entrepreneurial workshops,
courses and experiences
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Research Park at the University of Illinois
• The Research Park at the University of Illinois provides an environment where technology-based businesses can work with the research faculty and students on collaborative research and access UI services. – 200 Acres adjacent to campus, developed with a private partner, 14 buildings– 1,618 employees including 521 students
• The Research Park has 91 companies and employs people in high-tech jobs– Fortune 500 firms: Yahoo, Caterpillar, State Farm, ADM, Grainger, Raytheon, Abbott, Dow, Deere – 45 companies currently in the EnterpriseWorks startup incubator (203 startups since it opened)
FY2013 FY2014 FY2015 FY2016
1378
1447
15741618
Research Park Employment
CORPORATE INNOVATION CENTERS
• ADM Sustainable Bioenergy Modeling Center
• Caterpillar Simulation Center• Caterpillar Data Innovation Lab• Citrix, Bytemobile operation• John Deere Technology
Innovation Center• Dow Chemical Innovation Center• Dow Agrosciences• Raytheon, Cybersecurity• State Farm Research and
Development Center• Yahoo, Hadoop Center of
Excellence
Best practices have been shared by leading corporations with centers at the University of Illinois Research Park
• Abbott Laboratories• Littelfuse• Riverbed• Ameren Innovation Center• Anheuser-Busch InBev• Foxconn Interconnect• Abbvie Innovation Center• Grainger• Turn
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EnterpriseWorks (EW) is a 43,000 sq ft startup business incubator in the Research Park for early stage tech firms. It is operated by the University of Illinois to launch successful startups.
Founders: Over half of our current client companies were founded by UIUC faculty members. 93% of our clients have founders affiliated with the university.
65%
2%
17%
9%
7%
FacultyUI StaffUI StudentUI AlumniExternal
02468
101214161820
EnterpriseWorks Company Industry Sectors
Biotechnology
Clean Technology
Information Technology
Materials/Nanotech
Business/Consulting
Number of Current Firms
EnterpriseWorks Incubator
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Research Park Contact Information
Laura FrerichsUniversity of IllinoisResearch Park Director60 Hazelwood DriveChampaign, IL 61820(217) [email protected]
Peter Fox/Andrea RuediFox/Atkins Development, LLCDevelopment Partner for Research Park1909 Fox DriveChampaign, IL 61820(217) [email protected]
Twitter: @UIResearch ParkFacebook: UI Research ParkYouTube: researchparkuiucEntrepreneur Listserv
RESEARCHPARK.ILLINOIS.EDU
Entrepreneurship Roundtable
• Ad hoc committee with cross-campus representation and leadership
• Backed by the Office of the Provost, who provides modest budget for programming, branding
• Co-chaired by Andy Singer, Professor in Electrical and Computer Engineering; and Raj Echambadi, Professor of Business Administration
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IVenture Accelerator Program
• Launched in Summer 2015, Illinois iVenture Accelerator allows top student startup teams to spend the summer on campus with the time and support they need build prototypes, create a value proposition, test demand, research the competitive landscape, validate market size, progress in developing their startup ventures.
• $2,500 stipend per Fellow and up to $10,000 in seed funding per startup• Mentors, workshops, and competition for additional funding• Co-working space at Research Park designed to maximize productive collisions
between Fellows and the broader community• 36 students and 13 startup companies
– 24 majors and minors represented
• Engaging with Chicago startup ecosystem: visits to 1871, Chicago Innovation Exchange, Matter, Chicago TechWeek
• Space available to teams now in Grainger Library
Entrepreneurship Forum
• The Provost's Roundtable on Entrepreneurship annually holds a campus-wide Entrepreneurship Forum, highlighting the breadth of entrepreneurial activities across campus for faculty, students, and academic professionals.
• This day-long event allows attendees to participate in hands-on workshops and panel discussions to learn about topics such as: the Lean Startup Method, How to Fund your Company and the Impact of Social Entrepreneurship, and to participate in networking opportunities.
• Cozad New Venture Competition Finals and the announcement of the $20,000 Illinois Innovation Prize (IIP) winner take place during the Forum.
• 2016 Entrepreneurship Forum: Thursday, April 28th
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Entrepreneurship Education
• Intent: – Campus wide awareness of entrepreneurial courses – faculty to be aware of what other entrepreneurial
faculty are doing so resources can be shared (ex: guest speakers, etc.)
• Entrepreneurial courses, certificates, etc. offered through business, liberal arts, media, engineering and more
http://entrepreneurship.illinois.edu/initiatives/academics.html
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Thank you!
Questions?