TEC Stephanie Larson December 11, 2015

1 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

2 TEC Offers EXPERIENCES COURSES PROGRAMS

3 TEC Programs

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.Research Park – 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) 4 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

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. 6 Founders: Over half of our current client companies were founded by UIUC faculty members. 93% of our clients have founders affiliated with the university. EnterpriseWorks Incubator

Research Park Contact Information 7 Laura Frerichs University of Illinois Research Park Director 60 Hazelwood Drive Champaign, IL (217) Peter Fox/Andrea Ruedi Fox/Atkins Development, LLC Development Partner for Research Park 1909 Fox Drive Champaign, IL (217) Park Facebook: UI Research Park YouTube: researchparkuiuc Entrepreneur 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

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 9

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 Entrepreneurship Forum: Thursday, April 28 th 10

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 11

Thank you! Questions?