University of Illinois Contributes to Successful Midwest Startup Formula

On December 23, techcrunch.com published the article “The Midwest Startup Formula Will Change The Status Quo For Building Businesses,” which emphasized how the Midwest is taking a different approach to startups and contributing to business success. The Midwest model of entrepreneurship creates solutions that attract early paying customers that lead to sustainable companies. The University of Illinois is an integral part of this formula.

The article states “The University of Illinois’ Research Park is home to more than 50 startup companies that are commercializing technology, and more than 90 established companies that employ more than 1,400 people and more than 450 interns.”