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A Vibrant Ecosystem, a Legacy of Innovation
From student startup competitions and entrepreneurial courses to the EnterpriseWorks business incubator and the impressive roster of alumni founders, the entrepreneurship ecosystem at Illinois boasts a rich past and promises an exciting future. It’s no surprise that Illinois is a top-10* university when it comes to producing founders.
*PitchBook’s 2024 ranking of universities based on the number of venture capital-backed companies started by alumni.
Illinois Entrepreneurship by the Numbers
$100M+
venture capital raised by iVenture student teams
4700+
students participated in Cozad New Venture Challenge since 2000
$4M+
in funding awarded to Cozad New Venture Challenge teams
350+
Companies Incubated at EnterpriseWorks since 2003
$206M
raised in SBIR/STTR funding for EnterpriseWorks startups
$2.9B
in additional capital raised by companies supported by Illinois Ventures
Have 60 seconds?
Hear from some of our alums about why they're involved in the future of entrepreneurship at Illinois.
Find out how you can plug into our ecosystem!
You're invited to Founders Week 2026
Make plans to join us for the third annual Founders Week, September 30-October 3, 2026! Entrepreneurship at Illinois' premier event features networking, fireside chats, and the return of the TechRise Startup Pitch Competition! Whether you're a founder looking to fund your new idea or a venture capitalist ready to invest in Illinois startups, Founders Week has something for every entrepreneur.
Learn more about Founders Week and make plans to attend this Fall.
Looking for one of our primary units?
A technology business incubator and entrepreneurship event hub, located in the Research Park.
Find early-stage investors to help take your company from a pioneering venture to a successful start-up.
Get help moving your research innovations into public use by licensing university intellectual property.
Participate in entrepreneurial activities, such as iVenture Accelerator, and find top faculty researching the science of entrepreneurship.
A leading technology hub that cultivates startups as well as increases capabilities for established companies.
An incubator for breakthrough ideation and innovation between science, engineering, and the arts.
A center developing the next generation of visionaries and leaders through academic courses, startup competitions, and more.