ISTC/I in the News
Posted August 1, 2017 | Source: Crain’s Chicago Business
Illinois is among the leaders in overall research spending, ranking eighth in the nation. But it’s not keeping up with its peers. The state’s R&D spending rose 0.2 percent annually between 2010 and 2014, the most recent data available, compared with 4 percent growth in the U.S. Worse, corporate R&D spending—a source of strength for a state with about three dozen Fortune 500 companies—rose just 0.3 percent a year, compared with a national average of 5.1 percent, according to a report from the Illinois Science & Technology Coalition.
Posted July 17, 2017 | Source: Crain’s Chicago Business
People on the Move
Shelley Stern Grach, Director of Civic Engagement at Microsoft, was named chairwoman of the Illinois Science & Technology Coalition and Institute. The ISTC is a member-driven, non-profit that measures, connects and enriches the state’s innovation economy. Its affiliated Institute delivers STEM-education programming that connects companies with classrooms.
Posted July 7, 2017 | Source: Chicago Tribune
The new budget has some business-friendly provisions. Among them, it retroactively reinstates a research and development tax credit through Jan. 1, 2022. The state had a similar credit that ended in 2016. Manufacturers accounted for 60 percent of its use between 2010 and 2014, according to an analysis of state data by the Illinois Science and Technology Coalition, which counts firms such as Caterpillar, AbbVie and Archer Daniels Midland — plus labs and universities — among its members.
Mark Harris, president and CEO of the Chicago-based nonprofit, said investing in research and development drives companies’ growth and, as a result, can strengthen the regional and local economy. “Research and development is sort of the lifeblood of innovation,” he said. But putting that credit up for renewal every five years gives businesses and innovators another area of uncertainty, Harris’ organization has argued, especially when some of those businesses are planning 10 to 20 years out.
Posted May 24, 2017 | Source: Chicago Tribune
The Tribune’s editorial “Aurora’s formula for STEM success” illuminated one recipe for success in connecting industry and academic partners with local high schools. I want to offer one more. Businesses can offer students something more valuable than money: their problems.
Posted May 21, 2017 | Source: Bloomington Pantagraph
A year of analyzing and creating through computer science has some Twin City high school students itching for more real-world projects in school.
Posted May 17, 2017 | Source: Microsoft Chicago (Blog)
Microsoft has been partnering with the Illinois Science and Technology Institute (ISTI) for three years on the STEM Challenge, along with our Early College STEM School, Lake View High School. This year, we added Corliss High School as a second Early College STEM School and invited Corliss to participate in the Challenge as well. Instead of being twice the work, it was twice the fun, as we engaged additional Microsoft volunteers to partner with the teachers and the students. Our Challenge this year was to have the have the students learn about the Internet of Things (IoT) and figure out how IoT can be used to address social change, and improve the lives of people in Chicago.
Posted May 2, 2017 | Source: NBC Chicago
Teenagers are creating ideas that could be considered innovation for the future. And thank to one Chicago nonprofit, their ideas are being brought to some of the largest companies in the country. Sabrina Santucci reports.
Posted April 28, 2017 | Source: Chicago Inno
While problem-based learning is not a new concept, ISTI’s program is unique in the sense that the challenges presented to the students come directly from real problems faced by academia and industry. Students have access to mentors for feedback on research plans and prototypes, both via in-person check-ins as well as online engagement on an invitation-only Mentor Matching Engine platform. Close to two hundred students (selected from 1,200 who experienced the program) gathered at Motorola Mobility’s headquarters in the Merchandise Mart on Thursday to present their solutions in front of their peers, teachers and industry mentors.
Posted April 27, 2017 | Source: Fox Broadcasting
STEM Challenge students from North Chicago Community High School, Chicago Vocational Career Academy and Decatur Public Schools were featured along with our President & CEO, Mark Harris.
Posted April 13, 2017 | Source: Daily Herald
North Chicago Community High School students have been working closely with AbbVie Foundation to create STEM-based — science, technology, engineering and math — projects that could benefit people with cancer. The program is part of Illinois Science & Technology Institute’s STEM Challenge.
AbbVie Teams Up With North Chicago Community High School for Illinois Science & Technology Institute’s STEM Challenge
Posted April 27, 2017 | Source: Make It Better Media
Utilizing shelter dogs to provide companionship and comfort for cancer patients. An education website for K-12 youth struggling with cancer, focused on helping them graduate. A mobile app that helps patients navigate their illness and informs family and friends of their daily struggles. These are just a few of the innovative ideas hatched by students from North Chicago Community High School (NCCHS) after working with mentors from AbbVie as part of the Illinois Science & Technology Institute’s (ISTI) STEM Challenge.
Posted March 15, 2017 | Source: TastyTrade
Thank you to Kristi Ross and Tony Battista at TastyTrade for having us to discuss the latest issue of the Illinois Innovation Index.
Posted March 13, 2017 | Source: Fox 32 Chicago
David Rabie, Mark Harris, Rebecca Sholiton and Ryan Shelton join Good Day Chicago to give us a firsthand look at why Illinois is a hotbed for startups.
March 8, 2017 | Source: Chicago Tribune
Despite a fall in recent venture capital activity on the national level, Illinois university startups have seen a rise in funding. That’s according to the annual Illinois Innovation Index report released Wednesday by the Illinois Science and Technology Coalition, primarily based on data self-reported by universities in the state.
March 8, 2017 | Source: Forbes
University efforts in Illinois to boost entrepreneurship and link big thinkers with seed cash and startup partners seem to be paying off. And immigrants are playing an outsize role in campus spinoffs. Those were two takeaways from the just-released Illinois Innovation Index, produced annually by the Illinois Science and Technology Coalition.
March 8, 2017 | Source: Crain’s Chicago Business
Illinois universities are cranking out a lot more startups. There were 285 companies started last year by students, faculty or staff at Illinois schools last year, up from about 150 in each of the previous two years, according to a report by the Illinois Science & Technology Coalition. It’s an eye-popping figure. And it’s not clear how much the data reflect an explosion of startup output from universities and how much comes from better reporting.
March 8, 2017 | Source: Global University Venturing
A new report shows that Illinois institutions have generated 129 startup spinouts between 2012 and 2016.
March 8, 2017 | Source: Chicago Inno
Illinois universities have been CRANKING out startups the past several years. And thanks to the Illinois Science and Technology Coalition (ISTC), we now know exactly how many. Illinois universities produced 285 startups in 2016, which is up 95% from the previous year. From 2012 to 2016, Illinois universities produced more than 800 startups, which is up nearly 100% compared to 2009–2013, according to the ISTC’s annual report.
March 7, 2017 | Source: WGN Radio
It’s clear that Illinois has made it’s impact on the international startup stage, and much of that is thanks to the state’s universities and colleges. Steve discussed the major increase of startups coming out of the state with Matt Bragg (Program Manager – Data & Policy at Illinois Science and Technological Coalition).
Feb 21, 2017 | Source: AbbVie (Blog)
The first step to encouraging students to pursue STEM careers is helping them see the work – and themselves – in a new light.