IllinoisVENTURES Partners

IllinoisVENTURES works with partners across the University of Illinois campuses as well as community partners throughout Illinois. These partners provide support throughout a startups lifecycle.

UIUC Office of Technology Management

http://otm.illinois.edu/

UIUC Office of Technology Management

The UIUC Office of Technology Management is responsible for managing the intellectual property generated by research and educational activities at the University of Illinois at Urbana-Champaign and the University of Illinois Springfield. The Office seeks to guide technologies through every appropriate stage of the commercialization process.

UIC Office of Technology Management

http://otm.uic.edu/

UIC Office of Technology Management

The UIC Office of Technology Management is responsible for managing the intellectual property generated by research and educational activities at the University of Illinois at Chicago. The Office seeks to guide technologies through every appropriate stage of the commercialization process.

Cozad New Venture Competition

http://tec.illinois.edu/experiences/cozad

Cozad New Venture Competition

The Cozad New Venture Competition (CNVC) is designed to encourage students to create new businesses. Teams are invited to create a venture around a topic of their choice. The competition process offers teams assistance in the form of: mentors to help guide them through the phases of venture creation, workshops to help with idea validation, pitching skills, customer development, and more as well as and courses to enhance their skills and knowledge.

Teams who make it to the finals round of competition will have the opportunity to meet with venture capitalists, early stage investors and successful entrepreneurs who will serve as judges. The judges will determine up to 8 finalist teams that will present their ventures at the finals event. This year, these teams competed for nearly $200,000 in funding and in-kind prizes.

The co-founding team must consist of at least 30% University of Illinois at Urbana-Champaign students and the overall team should be at least 50% students (from any institution). Non-students may be members of the co-founding team and participate in planning the venture, but only Illinois students may present the plan and answer questions from the judges in all rounds. There is no limit to the number of teams that can enter the CNVC. Students can serve on multiple teams.

iVENTURE Accelerator

https://business.illinois.edu/iventureaccelerator/

iVENTURE Accelerator

Launched in Summer 2015, the Entrepreneurship at Illinois iVenture Accelerator allows our 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. Whether you are creating a technological innovation,social venture, or cultural campaign, this accelerator equips you with the time, space, resources, and mentorship necessary to turn your idea into a scalable venture.

Research Park at the University of Illinois

http://researchpark.illinois.edu/

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 faculty and students to take advantage of opportunities for collaborative research and easy access to University labs, equipment and services.

Located on campus, the Research Park is now home to more than 100 companies and growing, employing more than 1,600 people in high-technology careers. At any given time more than 500 student interns are working in these companies gaining valuable work experience while making real contributions to internal corporate R&D and product development programs. Multinational and/or publicly traded corporations in the Research Park include: ADM, Abbott Laboratories, AbbVie, AB InBev, Ameren, Capital One, Caterpillar, CEB, Deere & Company, Dow AgroSciences, Dow Chemical, Grainger, Littelfuse, Raytheon, Riverbed, State Farm, and Yahoo. The Research Park is also home to over 50 startup companies that are commercializing technology. EnterpriseWorks, the Research Park’s 43,000-square-foot business incubator for early-stage tech firms, is operated by the University of Illinois to help launch successful startup companies.

As home to the University of Illinois at Urbana-Champaign (UIUC), and technology leaders and start-ups alike, the place and time for developing breakthrough science is in Champaign, IL:

  •  Superb education, quality health care and affordable housing
  •  World-class arts and entertainment, and vast sporting and recreational opportunities
  •  Affordable living
  •  Easy commuting

Forbes magazine ranked Champaign-Urbana 20th among 168 small cities in its Best Places for Business study. Champaign-Urbana fared 11th best in educational attainment measured by the share of population over age 25 with a bachelors degree and the number of doctorates per 100,000 residents.

Technology Entrepreneurship Center

http://tec.illinois.edu/

Technology Entrepreneurship Center

Created in 2000 to highlight the University’s rich history and culture of innovation, TEC continues to inspire its students to become the next generation of world-changing visionaries, leaders and entrepreneurs.  This is accomplished through its courses, venture and product competitions, workshops and other curricular and extra-curricular events that expose students to the concepts of technology innovation and market adoption. TEC offers on campus and online courses and certificate programs and hosts outreach activities for students and alumni. TEC also administers the annual Cozad New Venture Competition and the Illinois Innovation Prize, among several other programs.

 

Academy for Entrepreneurial Leadership

https://business.illinois.edu/ael

Academy for Entrepreneurial Leadership

The AEL is about fostering innovation and entrepreneurship.

Entrepreneurship is about new firm creation. They might include corporate spin-offs incubated by large established companies such as Johnson & Johnson, new startups created by enterprising entrepreneurs such as Reed Hastings of Netflix or Jeff Bezos of Amazon.com or companies commercialized by research universities. A related concept is intrapreneurship which refers to an inward focus to generate proactive change within an institution. Recent evidence indicates that enterprising individuals within established companies, i.e. intrapreneurial catalysts, are integrating the scale, capabilities, networks, and resources of large companies to develop solutions to global problems in unique ways. Apart from the firm creation aspect, entrepreneurship is also reflected as an individual attitude: doing more with less.

Innovation, on the other hand, is defined as the introduction of a new product, process, or a business model to satisfy needs, enhance productivity and/ or increase efficiencies. It could be a novel recombination of existing elements that fundamentally shifts the trajectory of development.  Innovation is about changing the rules of the game in creative ways and about doing things differently.

The Academy of Entrepreneurial Leadership (AEL) is the enforcing arm for executing the innovation and entrepreneurship mission of the College.  AEL will be a driver of scholarly, educational, outreach, and professional development opportunities in the areas of innovation, and entrepreneurship. As such, the AEL will contribute to both the intellectual mission of the College and to the education and diffusion of best entrepreneurial and innovation practices. Whether this is the creation of a new business, new approaches to solving social problems or development of career management strategies across various fields, the AEL is helping shape the entrepreneurial field at the University and the world.

+ University of Illinois
UIUC Office of Technology Management

http://otm.illinois.edu/

UIUC Office of Technology Management

The UIUC Office of Technology Management is responsible for managing the intellectual property generated by research and educational activities at the University of Illinois at Urbana-Champaign and the University of Illinois Springfield. The Office seeks to guide technologies through every appropriate stage of the commercialization process.

UIC Office of Technology Management

http://otm.uic.edu/

UIC Office of Technology Management

The UIC Office of Technology Management is responsible for managing the intellectual property generated by research and educational activities at the University of Illinois at Chicago. The Office seeks to guide technologies through every appropriate stage of the commercialization process.

Cozad New Venture Competition

http://tec.illinois.edu/experiences/cozad

Cozad New Venture Competition

The Cozad New Venture Competition (CNVC) is designed to encourage students to create new businesses. Teams are invited to create a venture around a topic of their choice. The competition process offers teams assistance in the form of: mentors to help guide them through the phases of venture creation, workshops to help with idea validation, pitching skills, customer development, and more as well as and courses to enhance their skills and knowledge.

Teams who make it to the finals round of competition will have the opportunity to meet with venture capitalists, early stage investors and successful entrepreneurs who will serve as judges. The judges will determine up to 8 finalist teams that will present their ventures at the finals event. This year, these teams competed for nearly $200,000 in funding and in-kind prizes.

The co-founding team must consist of at least 30% University of Illinois at Urbana-Champaign students and the overall team should be at least 50% students (from any institution). Non-students may be members of the co-founding team and participate in planning the venture, but only Illinois students may present the plan and answer questions from the judges in all rounds. There is no limit to the number of teams that can enter the CNVC. Students can serve on multiple teams.

iVENTURE Accelerator

https://business.illinois.edu/iventureaccelerator/

iVENTURE Accelerator

Launched in Summer 2015, the Entrepreneurship at Illinois iVenture Accelerator allows our 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. Whether you are creating a technological innovation,social venture, or cultural campaign, this accelerator equips you with the time, space, resources, and mentorship necessary to turn your idea into a scalable venture.

Research Park at the University of Illinois

http://researchpark.illinois.edu/

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 faculty and students to take advantage of opportunities for collaborative research and easy access to University labs, equipment and services.

Located on campus, the Research Park is now home to more than 100 companies and growing, employing more than 1,600 people in high-technology careers. At any given time more than 500 student interns are working in these companies gaining valuable work experience while making real contributions to internal corporate R&D and product development programs. Multinational and/or publicly traded corporations in the Research Park include: ADM, Abbott Laboratories, AbbVie, AB InBev, Ameren, Capital One, Caterpillar, CEB, Deere & Company, Dow AgroSciences, Dow Chemical, Grainger, Littelfuse, Raytheon, Riverbed, State Farm, and Yahoo. The Research Park is also home to over 50 startup companies that are commercializing technology. EnterpriseWorks, the Research Park’s 43,000-square-foot business incubator for early-stage tech firms, is operated by the University of Illinois to help launch successful startup companies.

As home to the University of Illinois at Urbana-Champaign (UIUC), and technology leaders and start-ups alike, the place and time for developing breakthrough science is in Champaign, IL:

  •  Superb education, quality health care and affordable housing
  •  World-class arts and entertainment, and vast sporting and recreational opportunities
  •  Affordable living
  •  Easy commuting

Forbes magazine ranked Champaign-Urbana 20th among 168 small cities in its Best Places for Business study. Champaign-Urbana fared 11th best in educational attainment measured by the share of population over age 25 with a bachelors degree and the number of doctorates per 100,000 residents.

Technology Entrepreneurship Center

http://tec.illinois.edu/

Technology Entrepreneurship Center

Created in 2000 to highlight the University’s rich history and culture of innovation, TEC continues to inspire its students to become the next generation of world-changing visionaries, leaders and entrepreneurs.  This is accomplished through its courses, venture and product competitions, workshops and other curricular and extra-curricular events that expose students to the concepts of technology innovation and market adoption. TEC offers on campus and online courses and certificate programs and hosts outreach activities for students and alumni. TEC also administers the annual Cozad New Venture Competition and the Illinois Innovation Prize, among several other programs.

 

Academy for Entrepreneurial Leadership

https://business.illinois.edu/ael

Academy for Entrepreneurial Leadership

The AEL is about fostering innovation and entrepreneurship.

Entrepreneurship is about new firm creation. They might include corporate spin-offs incubated by large established companies such as Johnson & Johnson, new startups created by enterprising entrepreneurs such as Reed Hastings of Netflix or Jeff Bezos of Amazon.com or companies commercialized by research universities. A related concept is intrapreneurship which refers to an inward focus to generate proactive change within an institution. Recent evidence indicates that enterprising individuals within established companies, i.e. intrapreneurial catalysts, are integrating the scale, capabilities, networks, and resources of large companies to develop solutions to global problems in unique ways. Apart from the firm creation aspect, entrepreneurship is also reflected as an individual attitude: doing more with less.

Innovation, on the other hand, is defined as the introduction of a new product, process, or a business model to satisfy needs, enhance productivity and/ or increase efficiencies. It could be a novel recombination of existing elements that fundamentally shifts the trajectory of development.  Innovation is about changing the rules of the game in creative ways and about doing things differently.

The Academy of Entrepreneurial Leadership (AEL) is the enforcing arm for executing the innovation and entrepreneurship mission of the College.  AEL will be a driver of scholarly, educational, outreach, and professional development opportunities in the areas of innovation, and entrepreneurship. As such, the AEL will contribute to both the intellectual mission of the College and to the education and diffusion of best entrepreneurial and innovation practices. Whether this is the creation of a new business, new approaches to solving social problems or development of career management strategies across various fields, the AEL is helping shape the entrepreneurial field at the University and the world.