EnterpriseWorks powerpoint overview

1. The University of Illinois Research Park
ENTERPRISEWORKS OVERVIEW

2. University of Illinois at Urbana-Champaign at a Glance
 One of original 37 land-grant institutions
 Faculty and alumni have earned
 23 Nobel Laureates
 17 Pulitzer Prizes
 2,061 tenured faculty members
 44,520 Students
 33,811 undergraduate and 10,709 graduate and professional
 6,491 international students, more than any other public university in the US
 $600 million in annual research
 150 + centers, laboratories, and research institutes with experience in
interdisciplinary groundbreaking research
 Among the top universities in number of patents and inventions
 The College of Engineering is one of the most prestigious and largest engineering
institutions in the nation (top 5 ranking from US News & World Report).
 Top 5 ranked program with more engineering students than the top 4 universities combined
 Top ranked Graduate School of Library & Information Science, Labor and
Employment Relations, Accounting, Management Information Systems, Agriculture
Engineering.
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3. University of Illinois Connections
to World Changing Inventions
3

4. University System for Technology Commercialization
• 2000: University of Illinois formalizes technology-based economic development
“mission” of the University.
• University adds resources to facilitate technology commercialization
• Technology commercialization units report to the UI Vice President of Research
4
OTM Offices
Evaluation, IP
protection,
marketing, licensing
Existing
Companies
Illinois
VENTURES
New company
funding and
services
Research
Parks
Enterprise
Works
New company
incubation
UI’s Seamless
System of Resources
RESEARCH
INNOVATION
COMMERCIALIZATION
$600 Million UIUC
Research Budget
Annually
200 Disclosures
annually at UIUC
$65 Million in Early
Stage Investment
funding from
IVentures
145 Startups
in 10 Years

5. 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, 13 buildings
– $81 Million annual payroll, 1400 employees including 375 students at a time
– Year-round internships for students to work with companies
• The Research Park has 90 companies and employs people in high-tech jobs
– Fortune 500 firms: Yahoo, Caterpillar, State Farm, ADM, Sony, Raytheon, Citrix, Abbott, Dow, Deere
– 38 companies currently in the EnterpriseWorks startup incubator (145 startups since it opened)
• Named by the Association of University Research Parks as the
2011 Outstanding Research Park
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6. UI Research Park Area
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RESEARCH PARK CAMPUS LOCATION

7. ENTERPRISEWORKS INCUBATOR
• EnterpriseWorks (EW) is a 43,000 sq ft startup business incubator in the Research Park for
early stage tech firms. It is owned and operated by the University of Illinois to help launch
successful start-up companies.
• Named by Inc.com as one of 10 “Incubators to Watch” in 2011
7
Company Founders: 89% of
EnterpriseWorks clients are
founded by University of
Illinois Entrepreneurs. The
majority are started by
faculty/professors from UIUC. 58%
9%
11%
9%
11%
Faculty
Staff
Student
Alumni
External
28%
18%
40%
14%
Bio/Medical CleanTech IT Other
*Other includes: consulting, materials, electronics

8. Research Park: A Vibrant Tech Community
entrepreneurship
building community
corporate innovation
8

9. 9
COMPANY COUNT BY UIUC DEPARTMENT
6
4
3
2
12
8
13
12
2
11
12
5
3
2
21
0
5
10
15
20
25 Engineering
LAS
ACES
Aviation
Business
Education
Vet Med
Media
Current Clients:
Founder
College, 63%

10. STARTUPS ATTRACTING FUNDING
10
Our incubating companies raise funds from VCs, angels, corporate partners, and SBIR funding.
$526,288,450 in outside capital raised by EnterpriseWorks incubated companies
$67,700,000
$293,893,450
$7,325,000
$157,370,000
Biotech Cleantech Materials/Nanotech Software/IT
Biotech 14
Cleantech 12
Materials/Nanotech 4
Software/IT 31
Number of firms receiving
investments by sector
*Includes total funds raised by companies, approximately $160 million raised while companies were located in the incubator.

11. STARTUPS ATTRACTING FUNDING
11
UIRP received over $37 Million from 2004 through 2012
UIRP received 14% of amounts awarded in Illinois in 2012
Free SBIR technical assistance program through EnterpriseWorks, Dave Kellner
$3,268,738.00
$4,793,757.81
$2,008,570.02
$2,790,223.00
$6,176,309.00
$3,631,024.39
$5,469,374.00
$3,549,151.00
$5,760,111.00
$-
$1,000,000.00
$2,000,000.00
$3,000,000.00
$4,000,000.00
$5,000,000.00
$6,000,000.00
$7,000,000.00
2004 2005 2006 2007 2008 2009 2010 2011 2012
TOTAL SBIR/STTR AWARDS IN RESEARCH PARK

12. STARTUPS GRADUATION DATA
ENTERPRISEWORKS INCUBATION PROGRAM
12
• The incubator program is designed to graduate startups within 3-5 years upon
entering the incubator to keep the space reserved for early stage companies
• The incubator graduates approximately 1/3 of its tenants annually
• 15 firms have graduated from the incubator into space in the Research Park
27% 26%
29%
23%
39% 38%
32%
34%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
2004 2005 2006 2007 2008 2009 2010 2011
% of Clients Graduating/Leaving Annually
Companies still in business after
graduation has mostly remained local
Of graduates, location in Research Park 27%
Of graduates, location in Champaign County 54%
Of graduates, location in Illinois 67%
Of graduates, located out of state or US 33%
6%
62%
33% Acquired
In Business
Out of Business
Incubator Graduates Business Status
Client performance: tracking since 2003

13. ENTREPRENEURS-IN-RESIDENCE (EIR)
13
Chad Stiening
Mentor
Management &
CEO of Kypha
medical
diagnostics firm
Tim Hoerr
Serra Ventures &
Cbana, Immuven,
Gameday
Sports, Striped
Sail, CPA, Valuatio
n expert
Dennis Beard
Serra Ventures &
Open Prairie
Ventures CFO,
UI Business Adj.
Faculty - Finance
Jed Taylor
JLT Consulting
and Pattern
Insight, Siebel
Scholar
EIRs are local-experienced tech entrepreneurs that have commercialized
technology, hired by the Research Park to consult startups
– The EIRs provide advice on business development, legal issues, attracting
investment, revenue creation, and engagements with industrial clients.
– They also provide entrepreneur training on business topics monthly
– Helps fill early management guidance for startups
– Paid for by the Research Park to help UI entrepreneurs access free consulting
Alan Singleton
Singleton Law
Firm, specializes
in tech startups
and IP
Lori Patterson
Owner/CEO of Pixo
software
development
firm, former
corporate
consultant, engineer

14. I-START PROGRAM
14
I-Start Entrepreneur Services
Service Types Legal Services Business Planning SBIR Assistance Financial and
Payroll Services
Student Shared
Services Center
Scope of
Services
• Initial Company
Formation, bylaws,
application for FEIN
(filing fees paid by
entrepreneur)
• Stockholder
agreements and
certificates
• Stock option plan
• Employment
Agreement
• Non disclosure
agreements
• Write Business Plan
with inventor input
• Market Research
• Financial
Projections
• Recommendation
on sources of
capital
• Assistance with
hiring and
incorporation
decisions
• Finding
solicitation and
agency fit
• SBIR process
guidance
• Draft budget
• Writing
assistance
• Help with letters
of support
• Project
Management
• Registrations
and Submission
• Payroll admin
• Quarterly
Financial
Statements
• Assistance
with
Quickbooks
setup for the
business
• Market research
• Presentation
assistance
• Initial template
website
• Logo assistance
• Social media,
adwords
• IT/Computer
system setup
(up to 100 hours of
student work)
• Negotiated service packages with service providers that focus on tech startups
• Competitive awards for 50-90% of the cost of services paid by EnterpriseWorks
• Focused on faculty entrepreneurs licensing UI technology
• 24 initial clients since launching in October 2011, follow-on funding of $7 million +

15. STUDENT SHARED SERVICES PROGRAM
• EnterpriseWorks student service team
program to help entrepreneurs in the
Research Park with project needs.
• We hire a diverse team of student specialists
to help work on projects for startups that are
short term in length.
• Projects examples include: Market research,
presentation development, business plan
assistance, beginning a website presence,
logo development, public relations
assistance, user interface design, lab setup
service and training on equipment.
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16. DESIGNER-IN-RESIDENCE
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The Vice President for Research has engaged Dr. Deana
McDonagh, Chair of the Industrial Design Program in the School of Art +
Design as a Designer-in-Residence.
In this role, she assists University of Illinois inventors and entrepreneurs
to incorporate product design in their technology development to help
improve user experiences and performance of products to meet
customer needs.
Working with 7 startups at EnterpriseWorks
to improve product design

17. EW SHARED LAB EQUIPMENT
W W W . R E S E A R C H P A R K . I L L I N O I S . E D U
 Shimadzu VP series High Performance Liquid
Chromatograph
 Shimadzu Gas Chromatograph
 Waters micromass Quattro Micro LC-MS with Alliance
2695 separation unit
 Waters micromass Q-TOF mass spectrometer
 Bio Tek absorbance plate reader
 Cary 3E UV-Vis spectrophotometer with temperature
controller
 Gel documentation and imaging system
 Sorvall RC-5B Plus centrifuge
 Eppendorf benchtop refrigerated centrifuge
 Eppendorf microcentrifuges
 New Brunswick G-25 incubator shaker
 PCR-Thermal cyclers (gradient)
 Track Pole Stand stereo Microscope System

18. EW SHARED LAB EQUIPMENT
• Deionized water system
• pH/mV/°C meters
• Autoclave(s)
• Glassware Washer
• Analytical Scale
• -80° C Laboratory Freezer
• Isotemp Lab Refrigerators
• Water baths
• Ice Maker
• Dry Ice mill
• Dry Ice box
• Savant SpeedVac concentrator
• Rotary evaporator
• Flow hood(s)
• Reflow Oven
• Thermo Box Furnace
• Soldering Iron
• Drill Press
W W W . R E S E A R C H P A R K . I L L I N O I S . E D U

19. ENTERPRISEWORKS SUITES
Office Example Lab Example
Furnished for full time employees
and interns. Range of office sizes
from 130-600 SF.
Monthly lease rate = $200-$850
Labs available with casework, fume
hood, plumbing, gas, shelving. Basic
lab available and full fit out labs for
chemical and life science companies.
Monthly lease rate = $800-$1,900
All leases in EnterpriseWorks are administered through the University of Illinois.
Leases are one year in length, renewal is determined based on company progress
and need for incubation services. Typical start-up length in incubation is three years.

20. SERVER/CO-LOCATION DATA CENTER
Server room with 15 Rack capacity for server (per U) and rack leasing
• Co-location data center with
redundant power from building
generator, cooling
infrastructure, and security
system.
• Companies can lease space by
the server or by the rack
(provided by EW)
• One year lease agreements
• Connected to the other Research
Park buildings with direct fiber
for remote computing
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21. Access Campus Labs/Instruments and Lab Supplies
Companies can gain access to University of Illinois laboratory equipment
and facilities by entering into Facilities Use Agreement and/or Technical
Testing Agreements with the University
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Incubator clients are eligible to
have indirect cost recovery rates
waived, making facilities more
affordable
Procurement available through the
University for lab supplies at
reduced rates. Agreements with
Fisher Scientific and VWR for
University rates extended to
EnterpriseWorks companies.

22. EVENTS AND TRAINING
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The Research Park hosts weekly events for the employees and firms in the
community. Each year more than 100 events are offered for companies to
attend, network, learn about business, and have fun.
• Software User Group Meetings
• Tech CEO Roundtables with speakers
• Startup Café with successful entrepreneurs
• Monthly entrepreneur educational seminars
• Monthly social events, sporting leagues
• Pitch presentation events
• Women in Technology Forum
• SBIR training
• Fire at Five happy hours
• VIP speakers and business introductions
• Mobile application development training
• Annual Career Fair, student awards

23. MOBILE APP DEVELOPMENT SUPPORT
• iOS and Android professional development courses
– Focuses on skills for engineers to learn mobile programming
– Hands on Basics iOS programming, topics covered include
Development tools, iOS Anatomy, Objective-C, Memory
Management, ARC, Foundation Classes, iOS Design Patterns, View
Controllers, Views, Storyboards, Animations.
– Android programming class starts in June 2013
• AppIncubate program design prototype program
• Co-location space for mobile developers
• Mobile Expert onsite 2 days a week for
consulting and mobile development
intern to help startups
• Second Annual Mobile Day was 1/31/13
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24. • 1/3 of total Research Park workforce are students
₋ Approximately 350-400 students per semester
₋ Supplement research staff with highly-skilled graduate and undergraduate
students from top University of Illinois programs
₋ Student employees and research assistants can work on projects year round
(not just summer interns)
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EMPLOYING STUDENTS ON CAMPUS AT UIRP
• Workforce cost efficiency:
₋ Student wages are substantially lower than full time hires (40-50% less).
₋ Interns are prepared for full-time employment through pre-training and
familiarization of business culture and structure
• Recruitment Pipeline: companies report up to 65% retention rates
• Intellectual property remains with company
• Optional Research Park Intern Program
₋ HR administration services for companies with interns and GRA positions,
including visa documentation through UI Corporate Relations

25. STUDENT WAGES IN THE RESEARCH PARK
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Internship area Lowest hourly salary
reported
Average hourly salary
reported
Highest hourly salary
reported
Business planning/strategy/competitive
intelligence/market research $10.00 $17.00 $25.00
Chemistry/chemical engineering $10.00 $13.90 $21.00
Computer applications/software development $8.00 $16.39 $30.00
Computer networks/hardware $10.00 $17.50 $25.00
Electrical engineering $10.00 $18.20 $30.00
Finance/accounting $8.00 $14.31 $20.00
Marketing/business development/sales $9.00 $14.33 $20.00
Mechanical engineering $8.00 $14.85 $25.00
Research & development (scientific/technical) $10.00 $19.00 $29.82
Average Student Wage (not weighted): $18.19
0 5 10 15 20
Freshman
Sophomore
Junior
Senior
Master's student
PhD student
Post-doctoral student
0 2 4 6 8 10
<5
6-10
11-20
16-20
21-40
>40
Hours Worked During School SemestersClass Levels Hired
Typical schedule:
10-20 hours during the
school year and full
time during the
summer

26. CORPORATE INNOVATION CENTERS
• ADM Bioenergy Modeling Center
• Abbott Laboratories
• Caterpillar Simulation Center
• Citrix, Bytemobile operation
• John Deere Technology Innovation Center
• Dow Innovation Center
• Neustar Innovation Center
• Pearson, Novanet operation
• Raytheon, Trusted Computer Solutions operation
• Riverbed, Quality Assurance (QA) software team
• Sony Biotechnology
• State Farm Research and Development Center
• Yahoo, Hadoop Center of Excellence
Join other leading corporations that have established successful
centers at the University of Illinois Research Park

27. EXPERTS TO HELP CORPORATIONS
Site Director-in-Residence: John Quarton
• Former Site Director of the State Farm Research Center has
been hired on a contractual basis to help corporate clients
with best practices and initial operation setup
• Work with companies on student engagement
opportunities, university interactions, operational
performance
Big Data Executive-in-Residence: Michael Welge
• Recently retired from NCSA, ran the data mining and applied
projects team on many corporate projects
• Formerly had two startups in the Research Park related to
data analytics that had acquisitions: Riverglass and One Llama

28. Startup Examples at
The Research Park

29. PERSONIFY INC.
• Nuvixa is based on technology from the University, which was developed
by Electrical and Computer Engineering faculty Sanjay Patel and Minh Do .
• Sanjay Patel previously on the management team of AGEIA Technologies, a startup that
was acquired in 2008 by Nvidia.
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• Personify (previously Nuvixa) is revolutionizing the
way people communicate with video for:
• on-line meetings
• video calling
• desktop telepresence
• Radically improving video experience through an
immersive, compelling, and intuitive video
technology.
• Personify makes use of new sensor technologies
(such as the Microsoft Kinect), to create new
video experiences
• $4.15 Million in funding

30. GLUCOSENTIENT
• Founded by Professor Yi Lu, Chemistry Department, GlucoSentient detects
(drug molecules, contaminates, adulterants, etc) using personal glucose
meters.
• Glucosentient has developed a powerful technology that is transforming
the PGM into a device that is capable of quantitatively and conveniently
detecting other non-glucose targets.
– This is made possible by their patent pending technology that translates the
amount of non-glucose target to glucose.
• NSF I-Corps participant
• Convertible equity financing from
Serra Capital and IllinoisVentures
• Winner of Cozad New Venture competition
personalized healthcare prize from
Burrill and Company

31. ADRENALINE
• Adrenaline is building mobile web browsers and operating systems for
mobile devices.
• Adrenaline Web Browser for smartphones is able to increase the efficiency
of mobile hardware
– Easier user interface for navigating between webpages, tabs
– Simple ways to share content from mobile browsers to social media, e-mail,
and even push notifications
– Loads websites faster and provides quick navigation bar
– http://adrenalinebrowser.com/
• Operating system has mathematical security
proofs, which offer security features that surpass
all other similar commercial operating systems.

32. PRAIRIEFIRE CONSULTING
• Prairiefire Consulting assists companies in designing products that
perform correctly and consistently, despite variation within the
internal components.
• Sensitivity-Based Design
– Minimize scrap, rework, and fit-up problems by quantitatively
understanding and controlling risk before and during production.
– Guarantee performance and sustainably reduce warranty costs.
– Understand design concept quality during the selection stage.
– Capture functional requirements clearly and accurately. Tolerances are
correlated to physical requirements.
– Prevent the scramble to control
warranty problems. Spend your time
on engineering instead of reactionary
firefighting.
• Training courses and intern
management for other firms
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33. • IllinoisRocstar LLC was founded in 2007 to perform computational engineering
analyses for U.S. government agencies and industries
 The firm is a spin-off from University of Illinois at Urbana-Champaign's Center
for Simulation of Advanced Rockets (CSAR)
• Using simulation software, IllinoisRocstar employs first-principles based physics for
high-fidelity numerical analysis of fluid flows, combustion, materials, structures, and
their interactions in changing geometries
• The principals and members of the company are experienced leaders and senior
scientists using advanced computation and simulation techniques to understand the
implications of three-dimensional fluid-structure interactions on the design and
application of engineered devices.
• Clients include industry and federal agencies: ATK and NASA as examples, more than
10 SBIR/STTR awards
• Purchased their own high performance computing
cluster in Fall 2009 for advanced computational analysis
ILLINOISROCSTAR
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34. XERION ADVANCED BATTERY CORP.
• Xerion is developing advanced battery cells for use in military and
consumer electronic applications that increase the speed of charging.
• The technology has been developed by Prof. Paul Braun in the UI Materials
Science department, which is a new architecture for battery
electrodes, enabling extremely rapid charge and discharge of batteries.
– The new company is being lead by Xerion executives along with Dr. Braun as Chief
Scientific Advisor.
• StructurePore technology gives batteries greater electrical capacity than is
currently available, plus ultrafast charging capabilities. Xerion has an
exclusive license for the technology from the University of Illinois.
– http://www.news-gazette.com/news/technology/2011-08-22/technology-ui-could-
revolutionize-batteries.html
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35. MULTICOREWARE, INC.
• MulticoreWare Inc is a Software and Systems Integration solutions
company which provides heterogeneous multicore (h-multicore solutions)
for high performance computing applications using multicore and many
core processors.
• MulticoreWare embraces heterogeneous computing and its h-multicore
solutions benefit customers who require a higher order of magnitude
performance with power and space constraints.
• MulticoreWare Inc., has recently launched a new product called Mcore
Platform Analyzer.
– Mcore Platform Analyzer is a powerful and versatile tool that allows a developer to easily
instrument, visualize, and interpret the way different parts of the application interact with one
another, as well as with the CPU and GPU.
• UI Professor Wen-mei Hwu, is CTO . He is an
expert in compiler design, computer
architecture, and parallel processing.

36. DIOXIDE MATERIALS
• Dioxide Materials is developing technology for the conversion of CO2 into fuels
and chemicals via artificial photosynthesis
• Also has technology to use low cost sensors to reduce energy use in building HVAC
systems by more effectively analyzing ventilation needs
• The company has agreements with major customers, including 3M, for further
development
• Secured multiple SBIR funding to further develop the technology and in 2012 they
were awarded $4 million by the U.S. Department of Energy’s Advanced Research
Projects Agency – Energy (ARPA-E). The award will advance the technology to
produce transportation fuels and industrial chemicals electrochemically from
carbon dioxide emitted by power plants
• Dioxide Materials and University of Illinois researchers featured
in Science Magazine in November 2011
– Research shows ways to recycle CO2 as an alternative to carbon
capture and make synthetic fuels.
• http://news.sciencemag.org/sciencenow/2011/09/solar-fuels-take-two-steps-forwa.html

37. 4D TELEPORT TECHNOLOGIES
• The problem space: At the present time, setting up a distributed 3D real time multi-video, multi-
site interactive teleimmersion session requires IT experts and set-up times ranging from hours
to months depending on the complexity of the system. The ability for 3D teleimmersion to
transform the use and content availability for 3D TVs and other 3D devices requires that this
problem be solved in a user friendly manner.
• The solution: 4D Teleport’s solution is a distributed software platform incorporating gateways at
each teleimmersion site to actively manage the capture synchronization and integration of
multiple correlated multimedia streams. The technology is based on five years of work at
Illinois.
• Applications that can take advantage of
full body real time immersion include:
• Distributed 3D gaming
• Remote ad hoc maintenance training
• Health care and remote physiotherapy
• Cultural and activity-based education
Two light-saber gamers are immersed together. A distinct
aspect of the 4D interface is the ability to bring in physical
objects and then manipulate these using graphics. The system
has enabled dancers as far away as Berkeley and Illinois to
dance together in real time in a shared virtual space.
Participant 1
Virtual Space
Participant 2
Game Points Electrifying Effect

38. INTELLIWHEELS
• IntelliWheels has created patent-pending geared wheels for manual
wheelchairs, designed to make pushing a wheelchair easier.
• IntelliWheels has secured more than $500,000 in funding.
– Venture capital funding from Champaign-based Serra Ventures and
San Francisco-based Crestlight Venture Productions; additional
support from the National Collegiate Inventors and Innovators Alliance
(NCIIA); and angel investors from the Champaign-Urbana community.
– IntelliWheels has received a Phase 1 SBIR award from
the National Institutes of Health Institute of Child Health
& Human Development to create an automatic
transmission for manually propelled wheelchairs
• Winner of the 2011 Lemelson Prize for Innovation
• Intelliwheels is located at EnterpriseWorks and the
Rantoul Business Incubator and is manufacturing
product and shipping to customers.
38

39. APTIMMUNE BIOLOGICS
• The company is developing the Porcine Reproductive and Respiratory
Syndrome Virus (PRRSV) vaccine for swine based on a proprietary cell line
known as ZMAC.
• This economically important pandemic disease causes reproductive failure
in breeding stock and respiratory tract illness in young pigs.
– The disease costs the United States swine industry around $600 million annually.
• The vaccine has been under development for the last decade in the UIUC
lab of the company founder, Dr. Federico Zuckermann, Professor in the
Department of Veterinary Pathobiology in the UI College of Veterinary
Medicine.
• Have made significant progress on the scale up of
ZMAC cell culture and determined the effectiveness
of candidate PRRS virus vaccine strain G16X

40. AQUEOUS SOLUTIONS
• Aqueous Solutions is developing and supporting
The Geochemist’s Workbench®, a software package for solving problems
in aqueous geochemistry, including those arising in environmental
remediation and clean energy production.
• Geochemists use the GWB software to analyze problems in areas such as
pollution abatement, clean energy, minerals extraction, and petroleum
production.
– The GWB has become recognized as the standard technique for developing
quantitative analyses in aqueous geochemistry.
• Patent for removing heavy metals from groundwater
• Used in 118 different countries and by more than 1,000 customers

41. IMMUVEN
• Start-up co-founded by Dr. David Kranz of the University of Illinois and Dr.
Patrick Schlievert of the University of Minnesota. ImmuVen and the
University of Illinois have entered into a license agreement.
• High-affinity T cell receptors: a novel class of immune-targeting and
diagnostic agents being development for treating cancer and MRSA
• Detection and treatment of selected bacterial toxins that cause infectious
diseases
• Modified T cell receptors have been successful in treating
MRSA in animal studies.
• Successfully awarded NIH grant funding for R&D
• ImmuVen has a biotech laboratory in EnterpriseWorks.
41

42. SERIONIX
• Founded by UI graduate students Jim Langer and Weihua
Zheng from Materials Science
• Winner of the 2012 UI Cozad New Venture Competition
• Developing a filter material that can remove perchlorate
(a component in rocket-fuel) from water, regulated by
the EPA starting in 2014
• Air Purification from hazardous materials, protecting
facilities from chemical warfare
• Filters are made possible by composite materials known
as "ion-exchange fiber composites"
• Serionix has been awarded two SBIR grants: $150,000
from the National Science Foundation and $100,000
from the Department of Defense

43. OSO Technologies
• Oso Technologies was founded in 2011 by five engineering graduate
students at the University of Illinois at Urbana-Champaign.
• Oso is the maker of Plant Link, a moisture monitoring and control system
for plants, home gardens and lawns.
– Their monitoring system alerts owners when their plants need watering via text
message, e-mail, or social media updates.
– Optional equipment allows automated watering of exterior plants
• Oso Technologies raised funding through a Kickstarter campaign and
received hundreds of backers within 24 hours.

44. ATSP INNOVATIONS
• Creating a treatment to improve the wear performance and durability of
industrial equipment.
• Commercializing a new family of polymers (Aromatic ThermoSetting
coPolyesters, or ATSP) that can be used for application to tribological
surfaces for compressors used in air conditioning and
refrigeration, compressors, pumps, engines, etc..
• ATSP coating advantages:
– Lower lower cost than other alternatives
– Simple substrate surface conditioning
– Stability at high temperatures
– Reduce wear and friction
– Good adhesion to metals such as stainless steel and cast iron
• Proper coatings and surface treatments are key to increasing energy
efficiency for a wide range of mechanical applications
(bearings, seals, turbines blades, etc.).
• Awarded an NSF Phase II SBIR grant to develop technology
44

45. RUNTIME VERIFICATION
• Runtime Verification creates tools that will improve software
engineering through extracting information from running
systems and using it to detect code faults and behaviors.
• The company’s unified runtime verification system provides
both runtime monitoring and predictive runtime analysis. T
• The company was founded by Computer Science faculty
member, Grigore Rosu.

46. PHI OPTICS
• Phi Optics offers an affordable light microscopy device with
label-free, non-invasive, quantitative, nanoscale, 3D
tomographic and real-time information capabilities all rolled
into one, at a much lower cost than confocal microscopy.
• Its initial product offering will be a combination hardware-
software platform that is a turn-key, add-on component to in-
field microscopes, significantly enhancing their capabilities.
46

47. BUMP: ILLINI PROSTHETIC TECHNOLOGIES
• Current prosthetic solutions often have prohibitive costs, technological
requirements, technical training, and time investments in fabrication that
prevent their widespread distribution to amputee individuals in the
developing world. Prosthesis are made by experts at prosthetic clinics.
• IPT created new prosthesis socket technology which minimizes the
expertise required in fitting a prosthesis to an amputee. Their device can
be fit to an amputee in less than 20 minutes by someone with only a few
hours of training. Additionally, it can be fit in remote locations, thousands
of miles from a traditional clinic.
• Winner of the UI 2010 Lemelson Prize for Innovation, featured on CNN
• Founded by UI students as a social entrepreneurship effort
• Field testing | http://vimeo.com/33997864
47

48. 0% FOOD WASTE
• University of Illinois Ph.D. candidate Rajesh Karmani led the
creation of 0% Food Waste to reflect his goal of reducing the
world’s current food waste.
• The 0% mobile app and online database that helps restaurants
donate surplus food to non-profits to distribute food to the needy.
– Food is picked up from the restaurant or business and taken to an
organization with need and clients.
– A tax receipt from 0% at the end of the year summarizes donations
• 0% has saved thousands of pounds of
food from being thrown away. Their clients
include local restaurants, a large national
non-profit organization, and
international organizations.
48

49. Examples of EnterpriseWorks
Incubator Graduates
49

50. SHARE THIS
• ShareThis makes it easy to share ideas and sites online
• ShareThis is currently used by over 400 million users across 130,000 sites
across the web
– ShareThis is changing the economics of online publishing by creating a market of
influence across the Web.
– ShareThis allows users to share content from anywhere to anyone while
simultaneously enabling publishers and advertisers to tap the value of sharing.
• Based in Mountain View, CA, the company is privately held with funding
from Draper Fisher Jurvetson, Blue Chip Venture Company, DFJ
Mercury, Reservoir Partners, Illinois Ventures, Queen City Angels and
RPM Ventures.
• Founded with technology from University of Illinois Professor, David
Goldberg and IllinoisVENTURES leadership
50

51. EDEN PARK ILLUMINATION
51
• Eden Park Illumination, Inc. was founded in May, 2007, to
develop and commercialize products based on a new platform
lighting technology called Microplasma.
• Microplasma lamps are mercury-free flat panel microcavity
discharge devices. The technology originates from traditional
plasma lighting technology, but microplasma, by virtue of its unique
structure, overcome the limitations of conventional macro-scale
plasmas and offers an ultrathin, lightweight, flexible, robust and
long-lasting alternative.
• Microplasma is a unique, proprietary, energy-efficient, ultra thin
lighting technology. It can be flexible, formed and produces white or
colored light.
• Applications include automotive, video and film, home and office
décor uses
• Company co-founders, Professors Gary Eden and Sung-Jin Park
• Eden Park graduated from the incubator in 2009 and moved into
a new research facility in Champaign to begin producing their
initial product for market

52. SEMPRIUS
• Semprius is developing low cost, high performance concentrator
photovoltaic (CPV) modules to make solar power generation economically
viable in sunny, dry climates.
• The core of Semprius technology is micro-transfer printing. This patented
process enables the parallel transfer of many pre-formed circuit elements
from a source semiconductor wafer to almost any other substrate.
• The company was formed based on the research of Dr. John Rogers, who
received the MacArthur Foundation “Genius” award
• Semprius is now based in Durham, NC and will officially open its first
production facility on Sept. 26 in Henderson, N.C. Semprius plans to hire
more than 250 employees over the next several years
• Semprius is funded by Applied Ventures,
Arch Venture Partners, Global Venture
Capital, Illinois Emerging Technologies
Fund, IllinoisVENTURES, In-Q-Tel,
Intersouth Partners, Morgan Creek
Capital Management,
Siemens Venture Capital and X-Fab. In 2011, Semprius announced a
strategic commercial partnership with Siemens.
52
Microcell: The solar cells made by
Semprius are 600 micrometers on
each side and can be combined with
high-power optics. The cell itself
(the black square at center) is
mounted atop a ceramic base with
electrical contacts on each side.

53. SOLARBRIDGE
• Leading developer of module-integrated microinverters for the solar
industry to make rooftop solar simpler, more cost-efficient and reliable
• SolarBridge reduces the Levelized Cost of Energy (LCOE) and ultimately
accelerates grid parity for solar energy.
• The company was founded in late 2003. Its founders included ECE
professors Philip Krein and Patrick Chapman and a research engineer,
Jonathan Kimball.
– The first employee, Brian Kuhn, was hired in 2004.
• Began in EnterpriseWorks incubator, then graduated into the UI Research
Park, then grew its operation in Austin TX.
• In 2011 the company secured $19 million in series C funding and was
awarded over $4 million in US Department of Energy grants. The company
has raised more than $46 million to date.
53

54. CHROMATIN
54
 Chromatin, Inc. develops novel proprietary technology that enables entire
chromosomes to be designed and incorporated into plant cells.
 Engineered chromosomes make it possible for the first time to
simultaneously introduce multiple genes into a plant cell while maintaining
precise control of gene expression
 The technology was developed at the University of Chicago, but has
transitioned to bioenergy feedstock plant modification in Champaign
 $27 Million in VC funding, including Burrill & Company and IVentures
 Chromatin’s Champaign, IL development center is at the Research Park, the
company graduated from EnterpriseWorks incubator into the “Graduation
Building” in April 2010.
o Employ 12 people in the Champaign research operation
o Chromatin also leases BL2 greenhouse facilities on campus
 Chromatin has corporate partnership agreements with Syngenta, Monsanto,
DowAgrosciences, and Bayer Crop-Science
 In 2010, Chromatin acquired Sorghum Partners, Inc. and Milo Genetics, LP,
which provides Chromatin access to a multi-national network of sorghum
growers and distributors for bioenergy growth.

55. AUTONOMIC MATERIALS INC.
• AMI self-healing systems are engineered to lengthen coating lifetimes, thereby
reducing the costs (principally labor) and disruption associated with the
recoating of surfaces
• AMI is engaged with a dozen industry partners to test commercial applications
of the self healing coatings and has completed manufacturing scale-up
• Joint development agreement with a major automotive company
• Helpful to the environment by reducing exposure to harmful chemicals
contained in coatings, and eliminating corrosion and rust on metal
55
Watch Dr. Gerald Wilson and Dr. Magnus Andersson
present at TEDxUIUC:
http://www.tedxuiuc.com/TEDxUIUC/Talks_Andersson_and_Wilson.html

56. CONTACT INFORMATION
Laura Frerichs
University of Illinois
Research Park Director
EnterpriseWorks
60 Hazelwood Drive
Champaign, IL 61820
(217) 333-8323
lfrerich@illinois.edu
www.researchpark.illinois.edu
WWW. RESEARCHPARK.ILLINOIS.EDU
56
Follow us
Twitter: #UIResearch Park
Facebook: UI Research Park
YouTube: researchparkuiuc
Entrepreneur Listserv
Research Park Mobile App

57. APPENDIX
OTHER ENTREPRENEUR RESOURCES AT
THE UNIVERSITY OF ILLINOIS
57

58. ILLINOISVENTURES, L.L.C
Seed and early stage, research-based, investment
IllinoisVENTURES
IETF I Size
IETF II Size
Total Current Assets
$13 million
$27 million
$25 million
$63 million
Stage Seed & early-stage venture capital
Focus
Industries
Research-derived investment
Start companies around licensed IP, technical founders
Establish initial cap-structure, strategy, teams
IT, physical and life sciences, clean tech
Inter-domain “seams”
Geography IL and the Midwest
Portfolio Investment
Parameters
<$1M initial investment, $2M-$4M total investment
Over $40 million invested in 75 companies
IV Portfolio has attracted over $600 million from
other sources
#1 regionally
#19 nationally
Plus companies have
attracted more than
$500 million in outside
capital = 13:1 leverage
The UI Board of Trustees
created IllinoisVENTURES in
2002 to catalyze the creation
and development of research-
derived companies

59. IllinoisVENTURES Funding
•Unite markets, IP, PI
•Validate market
•Rough commercial path
• Founder role
• Secure license
• IP development
• Proof of concept
• Hire CEO
• Product prototype
• Market introductions
• Early customer
identification/JVs
• Identify funding
partner
Time
Value
• Complete mgmt team
• Beta product
• Early customers
• Attract domain
experienced VC
Source Idea
Company Launch
Early Technology
Execution
Business Model
Execution
59
IETF Funding
IVentures Approach to Early Stage Investing

60. TECHNOLOGY ENTREPRENEUR CENTER
• Created in 2000
• Located in College of Engineering
• Offices in CSL
• Open to all of campus
Providing 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

61. TEC PROGRAMS
• 3,500 students participate annually
• SocialFuse
• Cozad New Venture Competition
– 13th year
– ~$110K in cash and
prizes to student teams
– Spans 4 months
• Charm School
• Invention to Venture
• Clinics
– Patent Clinic (with Law School)
– Prototyping Design Clinic

62. COZAD NEW VENTURE 2013
• 13th year
• ~$110K in cash and
prizes to student teams
• Spans 4 months
• Open to all of campus
• 2013 $25K winner: Servabo
(Nishana Ismail, Tim Deppen)

63. TEC EXPERIENCES FOR STUDENTS
Silicon Valley Student Trips
• January trip, with 30 students
• Visit alumni tech companies in Silicon Valley
Chicago Workshops
• Visit Chicago companies, TechNexus, ITA, 1871
• Chicago After Hours
Innovation Living Learning Community (iLLC)
• Located in Illinois Street Residence Hall
• Partnership between TEC and Housing

64. I-CORPS AT ILLINOIS
• NSF program to help commercialize research
• Pre-SBIR $50K award
• Based on Lean Startup
• NSF program to help commercialize technology
• Participate with a team (PI, Entrepreneur, Business Mentor)
• About to be announced that the University of Illinois is one of
10 locations that NSF has awarded to host the program. Other
Nodes: Michigan, GA Tech, Stanford/Berkeley, NY, DC