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Champaign-Urbana Ranked Top Startup City By Silicon Prairie News

For Immediate Release

Contacts:

Laura Bleill, Associate Director
University of Illinois Research Park
217-244-7744
lwbleill@illinois.edu
www.researchpark.illinois.edu
www.yourewelcomecu.com

Carly McCrory, Executive Director
Champaign County Economic Development Corporation
217-359-6261
carly@champaigncountyedc.org
www.champaigncountyedc.org
www.yourewelcomecu.com

CHAMPAIGN-URBANA RANKED TOP STARTUP CITY BY SILICON PRAIRIE NEWS

CHAMPAIGN, IL, February 13, 2019 – In a new study measuring the startup ecosystems of an 11-state region it calls “the Silicon Prairie”, Champaign-Urbana ranked Number 2 out of 42 communities analyzed for startup and entrepreneurial activity.

Champaign-Urbana ranks above much larger cities including Minneapolis, St. Louis and Kansas City.

“We’re thrilled to receive this community ranking which recognizes and celebrates the incredible entrepreneurship culture and resources we have in Champaign-Urbana, Illinois’ fastest-growing city,” said Carly McCrory, Executive Director of the Champaign County EDC.

“Breaking this down, the “grade” we are most proud of coming out of this report is the “A” in the community spirit category,” said Research Park director Laura Frerichs. “This reflects our strongest asset as a knowledge city – an engaged community that thrives on true collaboration and strong partnerships.”

College towns are a “magnet” for startup and entrepreneurship activity. In addition to Champaign, Madison, Ames, Iowa; Columbia, Missouri; and Iowa City all rank in the top 12.

“Champaign, Illinois, home of the University of Illinois, dramatically overperforms expectations based on population – finishing in the Top Five. For example, in 2017 the community had 21 venture fundings for nearly $75 million dollars. There were also 37 SBIR/STTR grants in the region. These elements suggest that early stage companies and research are generating hundreds of jobs in Champaign (between 390- 620).”

The study also indicates that Illinois as a state, although expected to be strong due to its size, overperforms its “expected value” when it comes to venture capital. Chicago was the overall No. 1 community measured; Springfield also made it into the top 20.

“Venture Capital funding activity in the region increased by 28% from 2016 to 2018 despite the decreasing number of companies receiving funding. Chicago was a significant spur for the region – but other communities such as Lincoln, Nebraska and Champaign, Illinois provided valuable community funding growth,” the report reads.

The study was performed by Chapman and Company out of Omaha. The 11 states measured include Arkansas, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, Oklahoma, Wisconsin, North Dakota, and South Dakota.

The methodology for the report measured eight specific components:

  • Small business activity
  • Cool jobs
  • Sustaining companies
  • Structure
  • Innovation
  • Venture investment
  • Community spirit
  • Connectivity

“Chapman and Company attempted to measure those components using relatively near-term measurements,” says the report. “The challenge in measuring startup activity and entrepreneurship is that there is always a desire for more accuracy – but more accuracy usually occurs at the cost of time or comparables.”

The full report is available here: http://siliconprairienews.com/2019/02/spn-special-report-the-2018-state-of-the-silicon-prairie/

 

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2018 Illinois Manufacturing Day / Month

Huge thanks to all of our local companies who opened up their doors for tours in celebration of Manufacturing Day and Illinois Manufacturing Month! More than 175 attendees joined us for tours at local companies, including several area high school students.

Advanced Filtration Systems Inc.
Champaign, IL
Established in June 1986, Advanced Filtration Systems Inc. (AFSI), manufactures liquid filters using automated, computer integrated manufacturing (CIM) techniques. Highly automated production techniques enable AFSI to manufacture filters of the highest quality at competitive prices. The filters are used in lube, fuel, and hydraulic applications. Learn more at http://www.afsifilters.com/.

Litania Sports Group 
Champaign, IL 
Litania Sports Group is the parent company of two market-leading brands in the sports facility market, Gill Athletics and Porter Athletic. Learn more at http://www.litaniasports.com/.

ShapeMaster, Inc. 
Ogden, IL 
In January 1990, ShapeMaster was formed because they saw a need to provide buyers, engineers, inventors, and designers with the ability to order small or large quantities of solutions in plastics and other materials for the manufacturing of their products; regardless of their size, they receive the same high level quality of service. Learn more at https://www.shape-master.com/.

Illinois MakerLab 
Champaign, IL 
The Illinois MakerLab is the world’s first Business School 3D Printing Lab. The lab was co-founded by Dr. Aric Rindfleisch (Executive Director) and Dr. Vishal Sachdev (Director) and opened in Spring 2013. Learn more at https://makerlab.illinois.edu/.

Riggs Beer Company
Urbana, IL
Riggs Beer Company, opened in June 2016, is a family-owned production brewery and tap room in Urbana, Illinois that features Lagers and other German and American beer styles. Learn more at http://www.riggsbeer.com/.

The Product Manufactory
Urbana, IL 
The Product Manufactory (TPM) is a product design and R&D firm composed of highly skilled engineers, designers, coders, and fabricators. The products they’ve developed have ranged from research instrumentation to consumer electronics to railroad power supplies. Learn more at https://www.theproductmanufactory.com/.

Inprentus, Inc. 
Champaign, IL 
Inprentus manufactures the most efficient high line density diffraction gratings in the world. Inprentus was founded in June 2012 by University of Illinois Urbana-Champaign physics professor Peter Abbamonte to commercialize an innovative nano-scale scribing technology, which is a technique for carrying out precision lithography via mechanical deformation of metallic surfaces. Learn more at https://www.inprentus.com/.

What is Manufacturing Day?
Manufacturing Day® is a celebration of modern manufacturing meant to inspire the next generation of manufacturers and occurs on the first Friday in October. Manufacturing Day addresses common misperceptions about manufacturing by giving manufacturers an opportunity to open their doors and show, in a coordinated effort, what manufacturing is – and what it isn’t. Learn more at http://www.mfgday.com/.
Illinois Manufacturing Highlights:
* Manufacturing is the third largest industry in Illinois by employment with more than 580,000 workers.
* Illinois is the fourth largest manufacturing state in the nation by output.
* Manufacturing makes up 93.6% of all Illinois goods exported.

Special thanks to The Atkins Group, our official sponsor of Illinois Manufacturing Day / Month in Champaign County.

SBA Administrator Linda McMahon Visits Champaign

Through our Illinois Small Business Development Center at Champaign County EDC and in partnership with University of Illinois Research Park, we were honored to host U.S. Small Business Administration (SBA) Administrator Linda McMahon in Champaign today, September 24.

This visit is a continuation of the Administrator’s nationwide SBA Ignite Tour dedicated to highlighting SBA programs that help entrepreneurs start businesses, grow their companies, and create jobs in the local community.

We highlighted small businesses in our community, including Serionix, AirScout, Petronics, and Reconstruct – all located in EnterpriseWorks at University of Illinois Research Park.

In addition to showcasing small businesses, we also talked about our local entrepreneurial ecosystem and the services / programs we have in place to help small businesses succeed, including services through the SBDC / International Trade Center and programs like University of Illinois Research Park’s Shared Services Program and the City of Champaign’s Small Business Incentive Program.

View photos here.

About the U.S. Small Business Administration: The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

Press:

JB Pritzker and Juliana Stratton Visit Champaign-Urbana

Today we hosted JB Pritzker and Juliana Stratton in Champaign-Urbana to showcase our community & meet local employers. We heard from many about why they choose our community – low cost of living, great companies to work for, access to talent, no traffic.

Cathy Singer, VP Engineering, gave us a tour of Oath, the largest employer in University of Illinois Research Park. They are a Hadoop Center of Excellence & lead data projects for the company. Employees were happy to share their love for #chambana, one moving here from CA for better quality of life.

Next stop was Granular in their beautiful space (with live plant walls!). Landon Frye, Business Development, & team shared history of company & why #chambana – it’s the place where technology & ag thrive together. Many employees grew up on farms & went to University of Illinois at Urbana-Champaign.

Heard from Ben, COO of EarthSense, about their advanced machine-learning and robotics products to manage urgent threats to agriculture. Their TerraSentia robot is currently being used by leading crop breeders & plant scientists.

Ron van Os, CEO of Inprentus Inc., shared their history, including growth from EnterpriseWorks into new location in Champaign. Provider of ultra-high precision optical components (diffraction gratings). The company was founded in 2012 by UIUC Professor Peter Abbamonte.

The LifeFoundry team shared their startup story which began in 2017. Company applies robotics, synthetic biology, & machine learning to accelerate the R&D of biotechnology. Since start, have grown to about 15 employees.They are located in EnterpriseWorks.

Ryan & Ryan at PhotoniCare, founded in 2013, shared their mission to revolutionize healthcare by providing physicians with better diagnostic tools. Complete with demo, showcased technology focused on ear infections – focuses on diagnosis, treatment & monitoring.

Lori, CEO of Pixo, shared company start & success in attracting talent. Located in Urbana, they have only ever needed to recruit two people outside of #chambana in 20 years. Here because: talent, cost of doing business, and culture of community/region.

View photos here.

II-VI Incorporated Opens New Facility for Epitaxial Wafer Manufacturing

As part of the II-VI Epiworks event, a Proclamation was read by Council Member Angie Brix (on behalf of Mayor Deborah Frank Feinen) declaring May 15, 2018 as II-VI EpiWorks Day in the City of Champaign.

From the press release:

PITTSBURGH, May 15, 2018 (GLOBE NEWSWIRE) – II‐VI Incorporated (NASDAQ:IIVI), a leading provider of compound semiconductor epitaxial wafers, today announced the opening of its new high tech compound semiconductor material center of excellence in Champaign, Illinois.

This represents a significant milestone in II-VI’s ongoing investment in its manufacturing footprint to ramp up production capacity of high performance compound semiconductor epitaxial wafers. These products serve growing markets and are at the core of 3D sensing, optical networking, wireless communications and power electronics. Since the groundbreaking for this expansion, in November 2016, II-VI continues to actively recruit managers, engineers and technicians to join its experienced team.

Illinois Governor Bruce Rauner was present at the inauguration’s ribbon cutting ceremony.

“On behalf of II-VI, I would like to express my thanks to the Illinois Department of Commerce & Economic Opportunity for its ongoing support and unwavering commitment to our success,” said Quesnell Hartmann, General Manager and co-founder of II-VI EpiWorks. “The completion of this phase in our expansion provides us with the critical infrastructure to scale our production, advance our technology, and enable us to serve the rapidly growing demand from our global customer base.”

“II-VI and the State of Illinois have formed a strong partnership, sharing a vision that businesses with leading edge technology and advanced manufacturing capabilities are the most competitive over the long-term,” said Dr. Chuck Mattera, President and CEO, II-VI Incorporated. “With support from Illinois, we expect to continue to invest in this Champaign facility, by adding state-of-the-art manufacturing capacity, improving process capabilities, broadening the product portfolio and recruiting and developing a lot of talent to fill the anticipated growth in jobs and opportunities for career growth.”

“It’s a thrill to participate in the opening of a manufacturing facility that will develop key technology enabling some of the most exciting new consumer electronics in the world.” Illinois Governor Bruce Rauner said. “It showcases how local industry, strong university systems and state government can partner to realize a bold vision for a globally competitive semiconductor manufacturing center of excellence that’s built right here, in the heart of our wonderful State of Illinois.”

II-VI develops and manufactures compound semiconductor epitaxial wafers that enable devices to achieve high bandwidth, power efficiency and reliability.  II-VI’s global compound semiconductor production capabilities include multi-purposed 6 inch wafer fabs with both epitaxy and device fabrication capabilities for GaAs, SiC and InP compound semiconductors.

View event photos here.

 

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