ChampaignArchive for the ‘’ Category

SBA Regional Administrator Marianne Markowitz Presents $100,000 Boost to Champaign’s Small Business Opportunities

The U.S. Small Business Administration was in town this morning to present $100,000 total in awards, including $50,000 to the City of Champaign, one of SBA’s 28 Startup in a Day winners, and $50,000 to EnterpriseWorks at University of Illinois Research Park, one of Illinois’ four Growth Accelerator Fund Competition winners. These awards will help boost Champaign-Urbana-area small business growth and economic development by supporting the collaboration of government offices, educational institutions, and public-private partnerships.

SBA Check Presentation

The SBA’s first-ever Startup in a Day Competition was created to help U.S. cities simplify the licensing process so entrepreneurs can startup in a day. In total, $1.6 million was awarded to 26 cities, including Champaign, and two Native American tribes. The City is receiving $50,000 for its Virtual Incubator Program, which is a partnership between all local agencies providing entrepreneurship services throughout Champaign County. The Virtual Incubator is to be managed and coordinated by the local Small Business Development Center, which is supported by the SBA and based out of the Champaign County Economic Development Corporation.

EnterpriseWorks received a $50,000 to help fund its successful I-Start program, which accelerates the technology commercialization process for university startups with access to various resources in their ­first year. Since the Growth Accelerator Fund’s inception in 2014, more than 5,100 jobs have been created or sustained, more than 1,450 startups have been served and approximately $600 million of capital has been raised by the startups.

 

 

Fly Champaign-Urbana Unveiled as New Brand of University of Illinois – Willard Airport

Article Source: Smile Politely #iFlyCU

SAVOY, IL (Aug. 19, 2015) – Fly Champaign-Urbana has officially been unveiled as the new brand for University of Illinois – Willard Airport. New logos, a revamped IFlyCU.com website as well as social media presence on Facebook, Twitter and YouTube have been established as part of larger effort to increase awareness of the Airport and encourage Central Illinois travelers to choose Willard Airport. To celebrate, the Airport is partnering with Fighting Illini athletics to host the “Ultimate Illini Flyaway” social media promotion which will begin Monday, August 24.

The new brand is part of an 18 month initiative the University of Illinois – Willard Airport Advisory Board has been working on to pave the way for the Airport’s future. The Advisory Board, which is made up of a group of 20 leaders dedicated to the success of the Airport, has developed a full strategic marketing and air service development plan which will be implemented in the following months. The enhanced branding includes a new website, a traditional advertising campaign, social media and outreach efforts focused on both the general traveling public and local business communities. The new branding was chosen, after research conducted by the Advisory Board identified a need to connect the airport to the two largest cities in the region.

“The new branding is more than a logo, it’s a mission that will drive us forward in our thinking and planning,” said Steve Carter, Chair of the University of Illinois – Willard Airport Advisory Board. “The work of the Advisory Board is already paying off, in 2014 the number of passengers utilizing Willard Airport grew 11 percent, making it the best year since 2008. 2015 is looking even better and we hope the community will realize the value when you Fly Champaign-Urbana with this new branding.”

The logo was designed to match the colors of the Fighting Illini and features easy to read stylistic elements. The jet seen inside the word “Fly” points up, indicating the ascending path of the Airport, the University and the region. The jet is also a silhouette of the current aircraft serving the Airport, and can be adjusted should larger aircraft be deployed in Champaign- Urbana. The official name of the Airport, University of Illinois – Willard Airport, will not change. The newly coined IFlyCU.com website features an easy-to-remember URL that directly corresponds with the new branding.

To celebrate the new Fly Champaign-Urbana brand, the Airport has teamed-up with Fighting Illini athletics for a social media promotion beginning Monday, August 24 and running through Sunday, Sept. 6. Through the Fighting Illini Facebook page, fans may enter to win the grand prize of season tickets to all home Fighting Illini athletic games as well as two tickets to one away football game and a $1,000 American Airlines gift card provided by University of Illinois – Willard Airport. A second prize winner will receive season tickets to all home Fighting Illini basketball games. Details on the contest will be announced on Monday, August 24, on Fighting Illini Facebook page and at the Airport’s Facebook and Twitter pages.

About Fly Champaign-Urbana

When you Fly Champaign-Urbana you save time and money. Minutes from anywhere in Champaign County, University of Illinois – Willard Airport offers competitive fares with access to more than 175 cities on four continents with just a single stop. The Airport is served by American Airlines with six daily non-stop flights to Chicago O’Hare and a daily non-stop flight to Dallas/Ft. Worth on American Eagle. University of Illinois – Willard Airport boasts a terminal facility that is easy to navigate and parking is just a few steps from the plane. Next time you travel, remember to Fly Champaign-Urbana. For more information visit IFlyCU.com.

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Press:

 

2015 Innovation Celebration Winners Announced

Over 400 people gathered at Krannert Center for the Performing Arts for the 10th Annual Innovation Celebration on the evening on March 3rd to recognize those individuals and organizations that have made significant contributions, taken risks, and provided leadership to ensure the continuing economic success of Champaign County, the ongoing success of the University’s economic development mission, and the growth of entrepreneurial talent and energy in the community.

Innovation Celebration is not merely an award for accomplishment, but a benchmark of success for those outstanding individuals, organizations and corporations who are nominated and selected to receive this prestigious award. Additionally, Innovation Celebration serves as a tangible collaboration between the University of Illinois, Parkland College and the community.

The winners were chosen out of more than 100 nominations.

Award Winners
Innovation Transfer Award – University of Illinois
Dr. Kenneth Suslick

Innovation in Engagement Award – Parkland College
Applied Media Promotions (AMP)

Entrepreneurial Excellence: Social Venture Award
Scientific Animations Without Borders (SAWBO)

Entrepreneurial Excellence: Student Startup Award
Rithmio, Inc.

Entrepreneurial Excellence: New Venture Award
Agrible, Inc. (Ag Informatics)

Entrepreneurial Excellence: Advocacy Award
Alex Ruggieri

Innovation: Economic Development Impact Award
BRG Sports, Inc.

Entrepreneurial Excellence: Management Award
Cathy Singer – Yahoo!, Inc.

Innovation: Longevity Award
Horizon Hobby

The EDC is pleased to work with the following sponsors of Innovation Celebration 2015: the University of Illinois’ Technology Entrepreneur Center, Research Park, Office of Corporate Relations, and Office of Technology Management, along with Krannert Center for the Performing Arts, Parkland College, Singleton Law Firm, Serra Ventures, Ramshaw Real Estate, Pixo, Pavlov Media, Meyer Capel, Martin Hood Friese & Associates, IllinoisVENTURES, Fox Development Corporation, U of I Employees Credit Union, Surface 51, Prominic.NET, Akuna Capital, JSM Development, M2 on Neil, Waterborne Environmental, Champaign-Urbana Mass Transit District, and McDonnell Boehnen Hulbert & Berghoff.

A special thanks to 40 North for producing the videos.

Contact:
Carly McCrory, Communications Director
Champaign County Economic Development Corporation
(217) 359-6261
carly@champaigncountyedc.org

Press:

Innovation Celebration for new businesses, WCIA 3News
Individuals, organizations honored for innovation, The News-Gazette
Innovation Celebration: Another scene worth celebrating, Smile Politely
The Risks and Rewards of Innovation, Parkland College
It’s All About U, City of Urbana

Tweets – #INNCEL:

2015 Innovation Celebration

Event Photos:

2015 Innovation Celebration

 

Caterpillar Celebrates Grand Opening of Data Innovation Lab at UI Research Park

Article Source: University of Illinois Research Park 

Caterpillar Inc. announced today the grand opening of its first data innovation lab, located in Research Park at the University of Illinois at Urbana-Champaign. The lab brings together resources from key fields for the company’s research and development (R&D) efforts, including engineering, computer science, operations research and statistics, to drive innovative development through data analysis. Today’s announcement builds upon work underway at Caterpillar’s existing simulation center, also located on the Urbana-Champaign campus, which operates in conjunction with the University of Illinois’ National Center for Supercomputing Applications (NCSA).

Work at the new data innovation lab will focus on exploration of emerging and disruptive data-based technologies, as well as advanced analytics technologies, demonstrated through proof of concept projects.

“We are thrilled to announce the grand opening of our data innovation lab here at the University of Illinois and look forward to further collaboration with our university partners and researchers,” said Gwenne Henricks, Chief Technology Officer and Vice President of Product  Development & Global Technology for Caterpillar. “By examining the world of data analytics, we can uncover hidden insights on how our customers use our products and services, and deliver that feedback to our product and customer support teams to drive better solutions and further our R&D efforts.”

“Caterpillar has been a tremendous partner with the U of I – ours is a strategic relationship that helps drive success at our respective institutions,” said University of Illinois Vice Chancellor for Research, Dr. Peter Schiffer. “The Research Park is a natural fit for a tech-focused company like Caterpillar, and this new innovation lab will leverage Illinois strengths in computing and data analysis in exciting ways.”

The new lab also expands upon the existing recruitment efforts with the university to engage future science, technology, engineering and mathematics (STEM) talent through additional research and development opportunities, and is a key component of the company’s innovation strategy. As work at the data innovation lab evolves, more information will be made available about the various activities that take place there. For more information on Caterpillar’s efforts, please view the following video: http://youtu.be/QfVIJD0Vd0Y.

About Caterpillar:

For nearly 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2013 sales and revenues of $55.656 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments – Resource Industries, Construction Industries and Energy & Transportation – and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

Press:

Caterpillar Opens New Data Analysis Lab at U of I Research Park, WILL

World’s first opens in Research Park, WCIA 3 News

Caterpillar opens lab at UI research park, The News-Gazette

Champaign County EDC Announces Elmore as New SBDC Director

The Champaign County Economic Development Corporation is pleased to announce Don Elmore as the new Director of the Illinois Small Business Development Center at Champaign County EDC. Elmore was chosen as the top candidate after a search and evaluation that included EDC Board members and community leaders. Elmore’s first day of work is set for Monday, March 2, 2015.

SBDC Logo

As the SBDC Director, Elmore will be responsible for creating and managing programs to expand small business development opportunities in the community including minority and women owned businesses. He will also develop, coordinate and administer SBDC programs and activities, develop appropriate programs for client groups, and provide client counseling.

“Don has the best combination of small business operation and advising experience to operate the SBDC and provide business assistance to new and established small businesses,” said Craig Rost, EDC Executive Director. “The SBDC utilizes federal SBA funding and state DCEO program management and funding to provide free advisory help to any area resident interested in starting a small business or growing their existing business. Don is well qualified to provide these services and advance the SBDC mission and reach.”

“I feel excited and very fortunate for the opportunity to work with small businesses in our community,” stated Elmore. “Craig Rost and the EDC staff already do a great job of advancing business and economic development in the area, and I will use my skills, experience and energy to make this Small Business Development Center the most accessible, effective resource in the community for anyone who wants to start or grow a small business. Our area offers a great environment for developing businesses of all kinds. I look forward to doing my part in making our business environment even stronger.”

To learn more about the Illinois Small Business Development Center at Champaign County EDC or schedule an appointment with an advisor, visit www.cusbdc.org.

About the Illinois Small Business Development Center at Champaign County EDC:

The mission of the Small Business Development Center at Champaign County EDC is to assist in job creation, support entrepreneurship, business start-up, expansion, productivity, and to sharpen small business management in the region. Our organization and partners accomplish this through one-on-one counseling, technical assistance, training seminars, information provision, networking opportunities and business development and real estate expertise.

The Illinois SBDC at Champaign County EDC is funded in part through a cooperative agreement with the U.S. Small Business Administration, Illinois DCEO, the University of Illinois and Champaign County Economic Development Corporation.

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Contact:
Carly McCrory, Communications Director
Champaign County Economic Development Corporation
(217) 359-6261
carly@champaigncountyedc.org

Press:

Elmore to lead Small Business Development Center, The News-Gazette

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