The health of academic startup activity in the state has been affirmed by a five-year university entrepreneurship index published by the Illinois Science and Technology Coalition.
Illinois’s universities have founded a total of 978 student and faculty-led businesses over the past five academic years, according to a paper from the Illinois Science and Technology (IST) Coalition.
The total, covering the academic years from 2013-2014 through 2017-2018, is up 153% on the 386 companies formed in the preceding five-year period.
IST Coalition’s report – entitled the 2019 University Entrepreneurship Index – found 65.5% of the businesses remain active, while 32.8% are defunct and 1.6%…
