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News /  Events  / Resources       FALL 2012

GROWING with our member companies

 

Since  TBC Strairs the June 2011 opening of Incubator-South marked the completion of our 4-building campus, UTP has leased space to 15 startups who together have created over 60 new jobs, reports UTP Director Dan Marselle.  

 

"We now have 27 companies with more than 280 employees operating in the UTP complex, which includes our startup incubator," Marselle says. Resident companies have captured over $74 million in venture captial and $8 million more in federal grants based on publicly available reports.

 

Read our letter in Crain's Chicago Business about the value of tech parks to Illinois' economic health. And for an engaging tour of UTP, view our new video.  You'll see why we're quickly becoming Chicago's hub for tech innovation. 

WELCOME!  5 new companies move to UTPNewCompanies

  

The fast pace of biomedical research calls for advanced tools scientists can use to change the genetic makeup of targeted organisms. ArborVita Associates have developed a ArborVita Associates, LLC Logo direct, rapid and precise (DRAP) technology that modifies the genomes of experimental living systems via homologous recombination, note company officials Michael Seiler, PhD and John Nelson. "Our goal is to support biomedical innovation by making genome editing easier," Dr. Seiler says.

 

 HEVT's  revolutionary electric motors offer high performancHEVT Logoe, reliability and lower cost - all free of the rare earth materials that pose a serious threat to environmental and public health, says company exec Heidi Lubin. HEVT is developing electric motors and motor controllers to provide an electric boost to bicycles, "but the motors disrupt current motor technology from approximately 150 watts scalable to one megawatt and beyond, or from air conditioners all the way to wind turbines," says Lubin. 

 

TechNeochloris Logonologies that transform greenhouse gases into green fuel can help us maintain a cleaner planet, say Charles Stack  and Prasad Kodukula of Neochloris.  The company has developed a patent-pending process that uses algae to capture carbon dioxide emissions and produce sustainable biofuel. 

 

Every year, millions of people worldwide will lePixelEXX Logoarn they have cancer.  PixelEXX is pioneering effective new ways to detect the disease, including nanoarrays that map molecular signals associated with gene and protein expression activity. "Our goal is to empower clinicians to find cancer earlier and to promote more targeted therapies, both of which can dramatically improve patient outcomes," notes spokesperson Ken Bradley.

 

Based in Oxford, England, Powertrib offers manufacturers new tools to evaluate the performance of engine oils, gear oils and other lubricants. The results will help vehicle makers design for better fuel economy, durability and emission control. "We look forward to building a strong presence in the U.S. from our new headquarters at University Technology Park," says spokesperson Ksenija Topolovec Miklozic.

 

BAKER voted president of AURPBaker

 

UTP Exec Dir David BakerUTP Executive Director David Baker has been elected president of the Association of University Research Parks (AURP).  Chosen by AURP members at their recent international conference, he will serve as volunteer leader of the 200-member group throughout the next year. 

 

"I'm pleased and proud to assume this role, which I feel reflects UTP's growing influence among tech parks worldwide," Baker says. Read more in our media release

STAR OF EXCELLENCE for UTP partnerSar

 

Dr. Sarfaraz K. Niazi of Therapeutic Proteins International, LLC has received one of Pakistan's highest civil awards for his lifetime of service in promoting creativity in research.  

 

 The Sitara-i-Imtiaz, or Star of Excellence, will be presented to Dr. Niazi by Pakistan's president next March during the celebration of Pakistan Day.

 

Over the years, only 7 other Americans have earned accolades of this kind in Pakistan.  Following announcement of the award, Dr. Niazi received personal congratulations from President Barack Obama, Illinois Governor Pat Quinn and Chicago Mayor Rahm Emanuel. 

 UTP CAPTURES global & local attentionGlobal-Local

 

Landmarks Illinois has honored UTP with the Richard H. Driehaus Foundation Preservation Award for 2012.  The award recognizes our innovative rehabilitation and reuse of the Mies van der Rohe building that houses our incubator spaces.

 Inc Exterior

Our success in revitalizing older buildings took center stage at the recent Association of University Technology Parks' 2012 international conference.  Executive Director David Baker teamed with development partners Wexford Science + Technology to present a session entitled "Learning Lab: Working with Older Buildings."  

 

 

 

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OUR COMPANIES 
IN THE NEWS

Advaned Cooling Technologies is among the 50 fastest growing companies for the 5th time  

 

See all media releases 

from UTP companies    

 

PlugPlayPLUG & PLAY space feeds student startups

 

Chicago area university students who have established tech-based companies have new resources at UTP.  We've opened five "plug and play" workstations with Wi-Fi and access to incubator conference facilities that can be leased for 6 to 12 months at just $1 per square foot base rent.  Interested companies can learn more by contacting UTP Director Dan Marselle.

 

  Plug & Play Student Space  

 

Connectiviity @ Noon: 

 SBIR / STTR Grant Writing WorkshopGrants

 

Tuesday, October 9

IIT Tech Business Center, 3440 South Dearborn 

Free -- lunch provided

 

Becky Airstrup, principal consultant with  BBC Entrepreneurial Training & Consulting, will outline how startups can earn federal grants through the Small Business Innovation Research and Small Business Technology Transfer programs.  In addition to helping with SBIR and STTR grant proposals, BBC assists client companies with technology assessment, commercialization, planning and other challenges.  REGISTER via email by Thurs., October 4: Dan Marselle

 

HEVT garners innovation awardHEVT 

 

Resident company HEVT captured 2nd place honors in the Brinks Innovation Competition held in partnership with the Midwest Clean Tech 2012 Conference.

 

The competition rewards emerging companies who promote responsible use of natural resources, reduce negative ecological impact and achieve superior performance at lower costs.

 

DOLLARS for growth: experts

show our member companies howDollars

 

At our Connectiviity @ Noon semnar this June, Barbara Goodman, senior vice president with the Illinois Biotechology Industry Organization (iBIO) and PROPEL, shared effective ways to attract venture capital. While iBIO focuses on life sciences and health care, this inside look at how venture capitalists make funding decisions proved valuable for all.

 

Orlando Saez, deputy director of Illinois' Office of Entrepreneurship, Innovation & Technology also addressed the group, outlining how companies can tap into dollars available through the Invest Illinois Venture Fund.

 

 
University Technology Park at Illinois Institute of Technlology
3440 South Dearborn, Chicago, Illinois 60616 
Dan Marselle, Director  marselle@iit.edu