This Week in Illinois Research

Research Park ribbon cuttings are always cause for celebration—and with an 86% occupancy rate, companies continue to put down roots in the park. On Tuesday, we officially welcomed Epivara to its new location in LabWorks, the newly launched wetlab space for growth-stage, life sciences start-ups in the Research Park. Epivara is a wonderful example of Illinois research in action, improving the lives of people and their pets. Founded by Jay Ko, the company has developed a safe, quick, and permanent alternative to spay and neuter surgery for livestock and companion animals. 

There’s another important story here, though, and that’s the inspirational tale of LabWorks itself. Entrepreneurs spark our imagination and our economy, but growing a small business can be a big challenge. LabWorks fills an important niche, with programming and support for companies who are ready to take the next step. It also offers a powerful example of how public-private partnerships support continued economic growth in our community. The state made an initial $500K investment in the facility, and the university and its development partners GEM and FDC, as well as the city of Champaign, provided the final push to make it a reality. 

April is designated Innovation and Technology Month in the state, but I think it’s always innovation and technology month here in C-U! I’m thrilled that we have developed yet another asset for small businesses who want to grow here in our community. 

Sincerely, 

Susan