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August 30, 2014Forbes

THE MOST INTERESTING MAN REVOLUTIONIZING THE HEALTH WORLD

By Nicole Fisher

Meet Sarfaraz Niazi, founder of UTP resident company Therapeutic Proteins Interntional and world leader in the emerging field of biosimilar pharmaceuticals. >Full Article

August 28, 2014Crain's Chicago Business

A COOL WAY (LITERALLY) TO SAVE HEART ATTACK VICTIMS

By Andrew L. Wang

How Erik Kulstad, founder of UTP company Advanced Cooling Therapy Inc., drew on his emergency-room experience to create the lifesaving device now approved for sale in Europe and Canada. >Full Article

July 22, 2014Crain's Chicago Business

THIS DRUG LAB IS SPEED-OF-LIGHT FAST

By Howard Wolinsky

UTP company SAMDI Tech accelerates the pace of pharma research by screening up 100,000 drug compounds per day. >Full Article

July 15, 2014WBEZ Public Radio Chicago

UTP'S DAVID BAKER ON TECH INVESTMENT IN CHICAGO

In an interview with WBEZ's Claudia Morell, Baker comments on findings by online tech community Built In Chicago that show a record $.5 billion invested in tech startups in the first 6 months of 2014. >Download Audio

June 16, 2014Crain's Chicago Business

THE MOLECULAR BIOLOGIST WHO WOULD FEED THE WORLD SORGHUM

By Howard Wolinsky

Chromatin Inc. is the company that almost wasn't. Daphne Preuss, a University of Chicago molecular geneticist, co-founded the startup in 2001 with plans to engineer mini-chromosomes to make designer plants, based on her research. While she signed on as head of its scientific advisory board, investors turned elsewhere for management. That was problem No. 1. >Full Article

May 31, 2014Crain's Chicago Business

Medicine or food? Both, is this startup's mission

By Kristen Schorsch

Sarfaraz Niazi grew up in India and, as a pharmaceutical consultant later, visited impoverished countries where families sometimes had to choose between buying medicine for one child or food for them all. He says his experiences inspired him to create a new class of off-brand drugs that are more affordable.

The drugs are known as biosimilars, and he is hoping to launch the first in the U.S. Mr. Niazi's company, Therapeutic Proteins International LLC, is working on a biosimilar of Amgen Inc.'s Neupogen, a daily injection that boosts patients’ white blood cells during chemotherapy treatments to prevent infection and costs about $4,200 for a two-week regimen. >Full Article

April 7, 2014Crain's Chicago Business

Chicago's Other Tech Incubator is Here

By John Pletz

If you're looking for Chicago's top incubator for business startups in life sciences and other hard-core technologies, you won't find it in River North's lofts or among the medical centers on the West Side.

Instead, you need to head to the South Side, where you'll find several nondescript, World War II-era buildings on the campus of the Illinois Institute of Technology. Inside is state-of-the-art lab equipment used in everything from drug production and diagnostic tests to making advanced batteries and custom microchips. >Full Article

March 19, 2014Forbes

Chris Gladwin's Cleversafe Seeks To Lead the 100+ Petabyte Storage Market

By Bruce Rogers

A Series of Forbes Insights Profiles of Thought Leaders Changing the Business Landscape: Chris Gladwin, Founder and Vice Chairman, Cleversafe…  >Full Article

November 1, 2013Chicago Tribune

CLEVERSAFE GROWS ALONG WITH CUSTOMERS' DATA STORAGE NEEDS

By Wailan Wong

As you're reading these words, Shutterfly is wrapping up one of its biggest days of the year. On Halloween, tens of millions of photos are uploaded in a 24-hour period — a volume three to five times that of a typical day for the Web-based photo sharing and publishing service.  And behind the scenes, helping to ensure that all those photos of costumed toddlers remain secure and accessible forever, is a Chicago data storage company called Cleversafe. >Full Article

October 20, 2013Chicago Sun Times

MCKINLEY PARK TECH FIRM AIMS TO CLEAN UP GREEN ENERGY

By Sandra Guy

AllCell, the first spinoff business from the Illinois Institute of Technology’s tech park, makes the management-system “brains” for large-format batteries — high-premium workhorse batteries — that store electricity for everything from electric bikes to solar-energy farms’ output. >Full Article

August 20, 2013Crain's Chicago Business

A $55 MILLION VOTE OF CONFIDENCE FOR CLEVERSAFE

By John Morris

Cleversafe Inc. has landed a huge pile of cash to continue its expansion and rewrite the code on data storage.  Investors, led by New Enterprise Associates, have poured another $55 million into the fast-growing storage-software company in hopes of getting it to profitability. The investment brings Cleversafe's total since it was founded nine years ago to more than $100 million. >Full Article

February 18, 2013CRAIN'S CHICAGO BUSINESS

STORAGE SPECIALIST CLEVERSAFE PICKS UP CLIENTS — AND MOMENTUM

By JOHN PLETZ

Two years ago, online photo-storage site Shutterfly Inc. was drowning in data and the cost of computer gear to hold it all. Geoffrey Weber gambled on Cleversafe Inc., entrusting Shutterfly's massive archive to the tiny Chicago-based startup's unproven storage technology. Spending dropped by half. Storage “went from our biggest cost - something we talked about in budgets - to a non-issue,” he says. >Full Article

February 11, 2013CRAIN'S CHICAGO BUSINESS

THE LITTLE ENGINE THAT COULD, FROM HEVT

By JUDITH NEMES

Heidi Lubin is on a roll. Over the last year, the CEO of Hybrid Electric Vehicles Technologies LLC has led her Chicago-based startup to top-tier finishes in more than a half-dozen fast-pitch challenges, including first place and $250,000 in last fall's Cleantech Open in California. >Full Article

November 12, 2012CRAIN'S CHICAGO BUSINESS

CLEVERSAFE: MEGA-STORAGE, MEGA-PATENTS

By STEVE HENDERSHOT

"The capacity-optimized storage market is a $14 billion market that's growing 25 percent per year, and it's our intention to dominate that market." Chris Gladwin, founder and CEO, Cleversafe. >Full Article

November 12, 2012CRAIN'S CHICAGO BUSINESS

PULLING AWAY FROM THE PACK

By STEVE HENDERSHOT

Stardom or bust. That's the all-or-nothing outcome for a venture-backed tech startup. It's like the world of rock 'n' roll or the movies - a few breakthrough stars get paid big, while plenty of other talented, aspiring entrepreneurs are forced to scrap their ideas because they can't get big enough, fast enough. >Full Article

November 1, 2012IIT TODAY

IIT UNIVERSITY TECHNOLOGY PARK WINS DRIEHAUS PRESERVATION AWARD FOR INCUBATOR-SOUTH AND TECHNOLOGY BUSINESS CENTER

By IIT COMMUNICATIONS & MARKETING

Landmarks Illinois and the Richard H. Driehaus Foundation honored IIT with a preservation award for adaptive reuse of the University Technology Park’s Incubator South and Technology Business Center buildings. >Full Article

March 20, 2012ISTC FACT SHEET

RESEARCH AND TECHNOLOGY PARKS IN ILLINOIS

By ILLINOIS SCIENCE & TECHNOLOGY COALITION

Illinois research and technology parks serve as a catalyst for innovative business: More than 150 companies currently pursue research, development and innovation activities at five Illinois research and technology parks. >Full Article

February 7, 2012NY TIMES

LOCKHEED MARTIN AND CLEVERSAFE FORM BIG DATA ALLIANCE FOR SECURE, DISTRIBUTED STORAGE

Lockheed Martin [NYSE: LMT] and Cleversafe, Inc. have formed a new technology alliance that will facilitate collaboration between the two companies to support a new level of storage capacity beyond traditional capabilities. These Secure, Distributed Storage Cloud offerings will enhance the performance of Active Archive, Data Security, Still Imagery, Full Motion Video (FMV), SharePoint Storage Enhancement, and Distributed Computing. >Full Article

January 1, 2012ISTC CATALYST

RESEARCH AND TECHNOLOGY PARKS IN ILLINOIS

By DAVID BAKER

This edition of ISTC Catalyst highlights research and technology parks in Illinois.  Read on as guest columnist David Baker, Executive Director of the University Technology Park at the Illinois Institute of Technology, describes the contribution of these parks to advancing our economy. >Full Article

November 3, 2011CHICAGO TRIBUNE

WOMEN IN THIS GROUP CERTAINLY KNOW THEIR CHICAGO

By MELISSA HARRIS

They've been just about everywhere. They've eaten beef stew with prisoners at the Cook County jail. They've sailed over the electrified carp barrier on the Chicago Sanitary and Ship Canal. And, using their connections to the developer's family, they've toured the new Radisson hotel inside the Aqua Tower while boxes were still being unpacked. It's hard to tell the 50 organizers of Know Your Chicago – which curates field trips for educated (and often affluent) women – about a place they haven't heard of. But I was curious whether the group's latest tour, focused on Chicago's entrepreneurial scene, would unearth any new information. >Full Article

October 31, 2011SMARTGRID NETWORK NEWS

MIDWEST ENERGY LEADERSHIP AWARDS ANNOUNCED

By ITRYBA

The Midwest Energy Leadership Awards (MELA) were presented at the Great Lakes Symposium on October 19, 2011. The awards program recognizes individuals whose efforts to promote a smarter grid are helping to foster economic opportunity; create a more efficient, reliable and secure grid; and improve stewardship of natural resources and our environment. [Note: The MELA award for Entrepreneurship was presented to Bruce Hamilton of Adica, LLC (www.adica.com) for his work in commercializing power system analysis software developed at Argonne National Laboratory and, with ISGRIC support, establishing the world's first smart grid social network at SmartGrid.com. Adica, LLC is one of several smart grid tenants located within the University Technology Park at IIT.] >Full Article

October 5, 2011FOX CHICAGO NEWS

GOV. PAT QUINN UNVEILS "ADVANTAGE ILLINOIS" PLAN TO HELP SMALL BUSINESSES

By JOANIE LUM

Gov. Pat Quinn knows the state is in trouble when it comes to jobs, so Wednesday the governor announced a new program aimed at turning around the state's growing unemployment rate. Quinn calls it the Advantage Illinois program. It's supposed to help small businesses expand by giving them access to credit or capital. Quinn made the announcement at a small, 2-year-old company on the Southwest Side that is ready to expand. All Cell Technologies is a green company started by a former Illinois Institute of Technology professor that makes lithium batteries to power bikes and machines. All Cell has 10 employees and wants to add five more. They're also trying to expand in the international market.

September 26, 2011PC WORLD

INTUIT SHOWS OFF NEW MOBILE TOOLS FOR BUSINESS

By MICHELLE MASTIN

Intuit dominates small-business accounting with its Quickbooks software, but the company is also working on tools to help managers of small and medium-size businesses do more from smartphones and tablets when they are away from the office. >Full Article

September 6, 2011CHICAGO TRIBUNE

SOUTH BEND AIMS TO KEEP NOTRE DAME INNOVATIONS IN TOWN WITH NEW TECHNOLOGY PARK

By WAILIN WONG

On the southwest end of this city, demolition crews are knocking down the last buildings of what was once a humming collection of manufacturing facilities owned by Studebaker Corp. >Full Article

August 8, 2011CHICAGO TRIBUNE

COMPANIES DOING MORE WITH LESS LABOR, NOT CHANGING ANYTIME SOON

By KRISTIN SAMUELSON

We're all well-aware of the "Debbie Downer" news: Our unemployment rate is at 9.1 percent; the stock market has seen better days; gas and food prices are on the rise; consumers are barely spending. >Full Article

July 19, 2011CRAIN'S CHICAGO BUSINESS

LAUNCHING AN APP? THINK BEYOND THE 99-CENT DOWNLOAD

By STEVE HENDERSHOT

It's hard to compete with free. Yet that's something companies must do if their primary line of business is based on a mobile app. >Full Article

June 15, 2011CRAIN'S CHICAGO BUSINESS

CAMPUS INCUBATORS HELPING STARTUPS GROW FROM SEEDLINGS TO STANDALONE BUSINESSES

By KEVIN MCKEOUGH

Universities often are the places where the technologies behind new businesses are discovered. Increasingly, universities also are providing the spaces where high-tech businesses can grow. >Full Article

June 9, 2011TECAN JOURNAL

THE CUTTING EDGE OF ASSAY DEVELOPMENT

Tecan has partnered with Sword Diagnostics, a leader in detection chemistries, to optimize the sensitivity of immunoassays using the patented Sword™ Detection System on the flexible Infinite® M200 and Infinite M1000 microplate readers. >Full Article

April 1, 2011INC. MAGAZINE

WHAT THE STUDENTS SAY: ENTREPRENEURIAL SELLING

By LEIGH BUCHANAN

Entrepreneur Phillip Leslie found himself sweating bullets in Craig Wortmann's popular class. "I was sweating bullets." Phillip Leslie is founder and CEO of ProOnGo, a Chicago company that makes expense-reporting software for smartphones. He took Craig Wortmann's Entrepreneurial Selling class at the University of Chicago in 2008. >Full Article

March 9, 2011MINI-CHROMOSOME TECHNOLOGY

FARMINDUSTRYNEWS.COM

By MARK MOORE

Farm Industry News noted Chromatin’s mini-chromosome technology one of “20 technologies changing agriculture”. Their technology was listed alongside personal computing, 4G, and herbicide tolerance, to name a few. The head of Crop Genetics Research at a multinational Agricultural firm stated, “By the end of the decade, I see mini-chromosome technology as the primary trait transfer technology used in corn”. >Full Article

February 1, 2011EDA.GOV

HIGHLIGHT: EDA FUNDING SUPPORTS THE INNOVATION ECONOMY IN ILLINOIS

By EDA’S CHICAGO REGIONAL OFFICE

Role of University Technology Park at IIT. The success of the U.S. innovation economy is rooted in the drive of entrepreneurial individuals to create products that serve human needs, and provide themselves with financial rewards and the satisfaction of developing successful enterprises in the process. Since the 1980’s, the U.S. has attempted to accelerate the innovation process by supporting technology transfer from university research laboratories to support innovation in the market place. However, in the Chicagoland area, one missing element for technology development was the availability of affordable, flexible laboratory space for the incubation of nascent technologies.

On September 14, 2009, the Illinois Institute of Technology (IIT) was awarded a $4.5 million ARRA grant by the Economic Development Administration (EDA) to refurbish a building from the 1940’s that will be used as a technology incubator. It was one of the largest grants ever given by the EDA for a technology incubator. This funding, combined with a $2 million matching grant from the State of Illinois, will enable the University Technology Park at IIT (UTP) to complete 28,000 square feet of Incubator space that will house up to 30 start-up companies in the biotechnology, clean/green technology, IT, food technology, diagnostics, and other high-tech industries. The design of the technology Incubator space accommodates 15 wet-labs, 9 dry-labs and 6 offices plus a shared equipment room with autoclave, glass washer, freezer, refrigerator, ice maker and centrifuge. UTP began construction in September of 2011 with a projected completion date of May, 2011. >Full Article

May 24, 2010CHICAGO TRIBUNE

UNIVERSITY MIND FIELDS

By ANN MEYER

Phillip Leslie’s ProOnGo mobile software business is a testament to the power of the student. >Full Article

May 14, 2010

IIT GETS $5MM GRANT FOR “SMART GRID” TECHNOLOGY TRAINING

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May 5, 2010REUTERS.COM

CHICAGO INSTITUTE OFFERS IPAD APP CLASS

By DEBORAH L COHEN

Phillip Leslie needed software coders to develop mobile applications for his fledgling startup, ProOnGo LLC, which offers a solution to keep track of business receipts on a smartphone, using the device’s built-in camera. The cash-strapped Chicago entrepreneur put out a job listing at the Illinois Institute of Technology; within a few days he was flooded with more than 100 applications. >Full Article

April 21, 2010CHICAGO TRIBUNE

40 BIOTECH JOBS HEADED TO CHICAGO

By BRUCE JAPSEN, TRIBUNE REPORTER

Health care reform is helping to bring 40 jobs to the South Side at a new drug-making plant, where lower-priced versions of prescription biotech medicines will be made. >Full Article

March 12, 2010NY TIMES

SUPPORT NETWORK SEEKS TO GROW BIOTECH COMPANIES

By JON VAN

Dr. Boris Pasche had worked for years with a battery-operated device to treat insomnia, but as he followed his research, he discovered that electromagnetic radiation from the apparatus might slow or stop tumor growth in some cancer patients, and he thought he could perhaps build a business around the idea. >Full Article

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