Skyline
News from the University Technology Park at IIT
In This Issue
In the News
Wrightwood Technologies Moves to the TBC
New Tech Park Client: Swim Lane
Upcoming Events
In the News

All Cell Logo
All Cell Technologies, LLC, a company that offers customized thermal management solutions for high power lithium-ion battery systems, recently joined the National Alliance for Advanced Transportation Battery Cell Manufacture. Read the full story here.


Chromatin Logo

Chromatin, Inc., a company that develops and markets novel proprietary technology that enables entire chromosomes to be designed and incorporated into plant cells, announced on December 3, 2008 that it had completed a Series C financing round of $12.4 million. Read the fulll story here.

HEVT

Hybrid Electric Vehicle Technologies,
a company that specializes in the design and development of hybrid and plug-in hybrid electric vehicle controllers, drive trains, and conversions, wasfeatured in an article on  plug-in hybrid buses in Wired magazine on December 23, 2008. Read the full story here.



Sarmas Group


The Sarmas Group, LLC,
a company that specializes in developing advanced absorbency solutions in the food, consumer, and medical markets, was awarded an Entrepreneur-in-Residence grant by the Chicagoland Entrepreneurial Center and the Illinois Department of Commerce and Economic Opportunity. Read the full story here.


UTP Logo


The University Technology Park at IIT is a unique combination of wet and dry labs and office space that accommodates companies at every stage of growth and connects them to the outstanding research faculty and resources at one of the nation's leading universities, the Illinois Institute of Technology.


Wexford Logo

Wexford Science + Technology is a private real estate investment and development company that focuses on serving the real estate needs of university, healthcare, science and technology-based organizations.


Tech Park
Technology Business Center exterior.

Tech Park Interior
Technology Business Center atrium: upper level.

Tech Park
Technology Business Center atrium: lower level.
Issue: #9 Winter 2009
Greetings!

Welcome to our quarterly University Technology Park e-newsletter, designed to give you quick updates about new and growing companies within the UTP and to announce lectures, workshops, and networking events. This month's spotlight is on the newest UTP companies: Wrightwood Labs and Swim Lane Software.
 
If you have comments, questions or suggestions, drop me a line.

Sincerely,
Daniel F. Marselle
Director, University Technology Park at IIT
marselle@utp.iit.edu

Wrightwood Technologies Moves to the Technology Business Center
The University Technology Park welcomes Wrightwood Technologies, Inc. to the Technology Business Center. Wrightwood, through its subsidiary Cherry Instruments, is North America's foremost provider of countercurrent chromatography (CCC) products and solutions. CCC is a highly scalable, liquid-only separation solution that is more versatile, less expensive and faster than traditional techniques.
Luke Chadwick, VP
Wrightwood was founded in 2006 by Sam Pro, Warren Friedl and Luke Chadwick, who met while working in the College of Pharmacy at the University of Illinois-Chicago. They realized that the school's CCC instruments broke down often and saw an opportunity to initially provide service to a small, specialized market and eventually establish CCC as a reliable technique to a larger market.

Starting out in a small room in the 3424 South State building in March 2008, Wrightwood rapidly expanded and relocated to the Technology Business Center in October 2008. The Tech Park offered significant advantages for the company, including affordable wet lab space that did not have to be built out and an established collaborative community.

An additional benefit has been IIT's student talent. Wrightwood has hired a part-time student intern and plans to sponsor a project in the Interprofessional Projects Program (ipro.iit.edu) later this year. Sam called the Tech Park a "hidden treasure," and stated that he is pleased to be part of the revitalization of this area.

Wrightwood Technologies offers full service to its clients, including both instrument sales and support and contract work. Currently the company is looking for people with separation challenges with whom it can collaborate. For more information, visit http://cherryinstruments.com.
New Tech Park Client - Swim Lane Software, Inc.
The University Technology Park welcomes its newest client, Swim Lane Software, Inc. Swim Lane develops Business Process Management (BPM) Software for Health Insurance Payer organizations, including Blue Cross Blue Shield plans as well as other large health insurers like Aetna, CIGNA and United Healthcare. Its market also includes public payers, Medicare and Medicaid.Swim Lane
 
Swim Lane was founded in North Dakota, but its president, Mike Hurley, decided to move the company to Chicago. He was interested in a university setting with a technology park and incubator, and although he looked at several in the area, he found that none offered as many features as IIT. Swim Lane utilizes student workers extensively, which made IIT a good fit, and the established Tech Park community was an additional benefit. 
 
Mike is happy with his space and the service. "We have a million dollar view from the 16th floor of the IIT Tower and don't pay quite that much, and Dan Marselle and Brenda Stewart have treated us very well in helping us get acclimated to the space," he stated.
 
Swim Lane is hoping to continue building connections with the Tech Park and IIT communities through Connectiviity networking receptions and luncheons. In addition it will be one of the presenters at the Illinois Technology Development Association's Monthly Morning Meeting in the Technology Business Center atrium on January 25th (please see the Upcoming Events section below.)

For more information on Swim Lane, visit www.swimlanesoftware.com.
Upcoming Events
Connectiviity
Please join the Jules F. Knapp Entrepreneurship Center, the University Technology Park at IIT, and Wexford Science + Technology for our monthly networking event on Thursday, January 29th!
Microsoft Logo
This month's guest is Dan'l Lewin, Microsoft Corporate Vice President of Strategic &  Emerging Business Development. He will lead a conversation about turning Chicagoland's most promising software start-ups into tomorrow's successful new businesses. Opening remarks will be made by IIT Provost Dr. Alan Cramb.

Connectiv
iity brings together the entrepreneurship community both within IIT and the greater Chicagoland area and provides the opportunity to network and share experiences with fellow entrepreneurs. Whether you are currently an entrepreneur or are considering starting a business, this event can help you make the connections you need to get your new venture started or grow your existing business. Come explore what the Knapp Center, University Technology Park, Wexford and IIT have to offer!

Refreshments will be served. There is absolutely no charge for this event. For more information, contact Jennifer Keplinger at keplinger@iit.edu.

(Please note that this month's event starts at 4 p.m. rather than 5 p.m.)
 
Event Info
4:00 - 7:00 p.m.
January 29, 2009

Technology Business Center Atrium
University Technology Park at IIT


ITDA Monday Morning Meeting
The Illinois Technology Development Association's Monday Morning Meeting is a quarterly networking and educational event that prepares early-stage entrepreneurs to raise capital efficiently. This moderated event features three companies presenting their investor pitches to an audience of investors, industry leaders, service providers, state and local government representatives, and serial entrepreneurs.

The January event is co-hosted by the Knapp Entrepreneurship Center and University Technology Park at IIT. Presenting Companies are EcoThermics, Element Bars and SwimLane.   Registration for ITDA Members is free; Non-Members - $15 ($20 at the door). Click here for more information.

Event Info
8:30 - 9:15 a.m. (networking)
9:15 - 11:30 a.m. (presentations)
January 26, 2009
 
Technology Business Center Atrium
University Technology Park at IIT