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Public Higher Education Bulletin

University of Illinois at Urbana-Champaign
Sole Source #012502

Announcement of a Sole Source Purchase

Award Info
Published Monday February 11, 2002
Awarded to:
Vendor:  techCommUnity
Amount:  An estimated $100,000
Terms:   One-time transaction
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Friday January 25, 2002
The University awarded a contract for fostering joint economic activities to techCommUnity for an estimated $100,000.
This organization will work closely with the University, Parkland College, local businesses, local governments, The Greater Champaign-Urbana Economic Partnership, The Champaign County Chamber of Commerce, and other support agencies to facilitate technology development and expansion in the Champaign-Urbana area. This organization can offer an established marketing organization experienced in marketing high technology environment in Champaign County. They hold annual informational and support events to help new and continuing start-up companies, many of which utilize technologies created at UIUC. They have the ability to recruit mentoring sources to provide a mentoring environment for start-up companies. They are able to offer assistance in providing University/business community interactions within Champaign County. Additionally, they are already up and running and have been involved with UI and UIUC.

At the sole option of the University, the University reserves the right to renew this agreement for five additional one-year periods subject to a continuing need, the availability of funds and satisfactory performance.
For additional information, contact:
Tom Nation
Phone: (217) 333-3584
FAX: (217) 239-6869

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