Research Park at the University of Illinois Urbana-Champaign
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Research Park at the University of Illinois Urbana-Champaign is a research park located in the southwest part of the University of Illinois Urbana-Champaign campus in Champaign, Illinois. Research Park is a technology hub for startup companies and corporate research and development operations. Within Research Park there are more than 120 companies employing more than 2,100 people including students and full-time technology professionals.
Research Park at University of Illinois Urbana-Champaign | |
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60 Hazelwood Drive Champaign, Illinois, 61820 | |
Information | |
Established | 1999 |
Area | 663,000 sq-ft |
Companies | 100+ |
Structures | 17 |
Employees | 2100+ |
Student Interns | 800+ |
Website | Official Site |
University of Illinois Urbana-Champaign | |
Multinational and publicly traded corporations in the Research Park include: ADM, Abbott Laboratories, AbbVie, Ameren, AGCO, bp, Bayer, Brunswick, Capital One, Cargill, Caterpillar, CME Group, Corteva, Deere & Company, Kohler, Littelfuse, Motorola Solutions, Nutrien Ag Solutions, NVIDIA, Riverbed, Rivian, State Farm, Synchrony, and Yahoo (Verizon Media Group).
Research Park is also home to over 50 startup companies that are commercializing technology. EnterpriseWorks, the Research Park's 43,000-square-foot business incubator for early-stage tech firms, is operated by the University of Illinois to help launch successful startup companies.[citation needed]