Research Park

7/7/2014

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Chicago Tribune (July 7) -- One of the most palpable sources of latent talent in the area is just a two-hour drive south of Chicago on Interstate 57. In 2001, Illinois opened its 14-building Research Park to allow students and faculty to spin technologies into new companies. Ninety companies and 1,400 employees have moved in since. In 2003, the university opened the 43,000-square-foot EnterpriseWorks incubator, which has incubated 160 startups that have raised more than $722 million in early stage funding, says Laura Frerichs, director of Research Park. More than 450 students work there year-round, she says.


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This story was published July 7, 2014.