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EnterpriseWorks Incubator

Also known as: EnterpriseWorks, EnterpriseWorks 2.0

University of Illinois Urbana-Champaign · Champaign, Illinois

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  • No equity required
  • Currently active
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Key numbers

Funding range

—

Equity

None

Application

Rolling

All

Last activity

2026-07-13

High confidence

EnterpriseWorks Incubator

Technology business incubator at the University of Illinois Research Park. Supports UIUC-affiliated entrepreneurs (alumni, faculty, graduate students) and community entrepreneurs building disruptive technologies across agtech, biotech, software, materials sciences, and beyond.

Key Details

  • Founded: 2003
  • Companies incubated: 350+
  • Capital raised: $1.4B outside capital, $206M SBIR/STTR
  • Director: Gerald O. Wilson, Ph.D.
  • Grant: $3M state grant (2025) for EnterpriseWorks 2.0 growth-stage incubator ($20M total project)

EnterpriseWorks 2.0

New growth-stage incubator focused on bioprocessing, light manufacturing, and fermentation. Addresses waiting list demand for specialized lab and manufacturing space. Part of Illinois Fermentation and Agriculture Biomanufacturing Hub.