BusinessArchive for the ‘’ Category

Busey’s 60th Champaign County Economic Seminar

Video Source: FirstBusey’s YouTube Channel, Busey, May 14, 2012

In case you missed Busey’s 60th Champaign County Economic Seminar, the program is now available on FirstBusey’s YouTube channel. This year’s theme was “Champaign County—Great by Choice” hosted by Vice Chairman of Busey Bank Ed Scharlau. Expressing optimism about the economy, Scharlau discussed positive trends in Champaign County.

Thank you to Busey for being an investor in the Champaign County EDC. The Champaign County EDC is supported publicly and privately by businesses, institutions and individuals like you. It is through the stewardship of economic stakeholders in our community that the EDC is able to conduct its development initiatives.

SBDC has Two Certified Business Development Advisors

Champaign,IL– Greg Gonda and Chirag Shah with the Small Business Development Center at Champaign County Economic Development Corporation have been certified as Business Development Advisors by the Illinois Entrepreneurship and Small Business Growth Association. They met the requirements as specified by the private/public partnership of the Illinois Entrepreneurship Network and the Illinois Department of Commerce and Economic Opportunity and were awarded the certification at the annual IESBGA Conference.

Mr. Gonda is the Director of the SBDC and Mr. Shah is the Technology, Innovation and Entrepreneurship Specialist. The SBDC at Champaign County EDC offers no-fee counseling for existing and startup businesses. It is funded by the U.S. Small Business Administration in partnership with the Illinois Department of Commerce and Economic Opportunity and the Champaign County Economic Development Corporation. All SBA programs are extended to the public on a nondiscriminatory basis.

Congratulations to EDC stakeholder, Dwight Miller, Entrepreneur of the Year!

Article Source: The News Gazette, Don Dodson, June 7, 2012

CHAMPAIGN — Local McDonald’s franchisee Dwight Miller was hailed as a high-energy, goal-oriented businessman in being named Parkland College Foundation’s Entrepreneur of the Year.

About 250 people turned out Wednesday to honor Miller — whose company operates 10 area McDonald’s restaurants — at a banquet at the I Hotel and Conference Center in Champaign.

Master of ceremonies Greg Cozad said Miller came from humble beginnings and showed great initiative in taking risks building a business.

Longtime friend Truman Irving, a company president himself, said Miller — who played football, basketball and tennis — has been a “competitive person all his life.”

“He’s a relationship person,” Irving said. “He knows how to meet, greet and maintain relationships. If he met you and shook your hand tonight, he’ll know you tomorrow.”

Irving said when Miller told colleagues years ago that he was leaving his accounting job to work for McDonald’s, they laughed.

“You’re going to flip hamburgers? Dwight, you’re a professional,” they told him.

But Miller knew what he wanted — to learn the McDonald’s system — and later, to own his own business.

Irving said Miller believes in “continuous improvement” and spends time studying what his next move will be.

Miller has had the Champaign franchise for 12 years, and spent 18 months as chairman of the Champaign County Chamber of Commerce.

The chamber’s executive, Laura Weis, said Miller initially “scared the hell out of me.” But once she got to know him, she felt “blessed to work with a guy who gets it.”

Miller accepts no excuses, is interested in personal accountability and sets high standards for the youth who work for him, she said.

Monica Boyles, general manager for McDonald’s USA’s Greater Chicago Region, said Miller’s method is to get everybody involved.

“He’s all about inclusion. He wants to hear what everybody in the room has to say,” Boyles said.

In a video, local attorney David Sholem described Miller as “high-energy … one of the most A++ personalities” he’s known.

Dwight Miller called McDonald’s “the best franchise in the world” because “you didn’t have to be there 20 years to get ahead. You just had to work hard.”

He said the company helps its franchisees succeed.

Miller’s wife, Alice, who works in the franchise operation, DASH Management, described her husband’s determination.

“There’s nothing that comes his way that will stop him,” she said. “He is the rock of our family — not only to us” but also to his broader family, she added.

Dwight Miller, in turn, described Alice as a “workaholic” and credited her with doing most of the work.

“What drives me is my wife and kids,” he said.

The Millers’ son, Scott, today has the franchise for the McDonald’s at Duncan Road and Kirby Avenue in Champaign, and their daughter, Heather Bennett, works for McDonald’s Corp. in the Chicago area.

Miller praised his mother, Ruby, for insisting that all four of her sons go to college. And he said he wished his dad, who died about 20 years ago, were there to see him honored.

Miller said his dad “really wanted to be an entrepreneur,” but in those days it was difficult for African-Americans to build a business.

“Dad, this one’s for you,” Miller said in accepting the award.

ByteMobile Acquired by Citrix

Article Source: University of Illinois Research Park, June 7, 2012

Citrix today announced it has signed a definitive agreement to acquire privately held Bytemobile, a leading provider of data and video optimization solutions for mobile network operators. This acquisition gives Citrix a key strategic foothold in the core infrastructure of more than 130 mobile operators in 60 countries around the world, significantly extending the company’s market reach, and enhancing the broader Citrix strategy of powering mobile workstyles and cloud services. (read the entire news release).

Bytemobile has deep University of Illinois roots. University of Illinois Electrical Engineering professor Constantine Polychronopoulos’s research in multithreading computer architectures and wireless network performance optimization at the University of Illinois at Urbana-Champaign (UIUC) formed the core of Bytemobile technology. The company was founded in 2000, and it is a graduate of the Technology Commercialization Lab, the incubator facility that was the predecessor to EnterpriseWorks.  It opened a research and development facility in the Research Park in 2006.

Citrix is publicly traded on the NASDAQ, and becomes the 14th publicly traded company to have an operation in the Research Park.

Champaign-Urbana, IL Ranked Among Best Places for College Grads 2012

Champaign-Urbana Metro area is ranked 4th in the nation among communities large and small as a professional destination for college graduates in 2012.  Among the variable measured are:

  • Share of jobs in professional, technical, and creative occupations (BLS)
  • Average salaries and wages for professional, technical, and creative occupations (BLS)
  • Money left over after paying for housing (ACS)
  • Share of commuters who use public transit (ACS)

Full Report: The Atlantic Cities – Place Matters
More Evidence: Micro-Urban C-U

Employers: Industry Profile

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