Tovala launches Smart Oven

Tovala Smart OvenAmericans are constantly on the go. Oftentimes because of a long workday and perhaps activities in the evening, eating right takes a back seat. Answering the quest for healthy food made quickly are the makers of the Tovala Smart Oven.

Tovala, co-founded by a University of Illinois graduate with a PhD in mechanical science and engineering (Bryan Wilcox) and an MBA graduate of the University of Chicago’s Booth School (David Rabie), officially launches its smart oven to the public July 11 after several rounds of seed funding and months of Beta testing.

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Chicago Booth Machine Learning Venture Capital Summit

When: Wednesday, April 19, 2017 | 5:30 – 10:30 p.m.
Where: Gleacher Center, 450 North Cityfront Plaza Drive, Room 621 – Chicago, IL
Who: Open to the public
Hosted by: The Chicago Booth Built@Booth Club and the Polsky Center for Entrepreneurship and Innovation

Are you passionate about machine learning (ML) and venture capital (VC)? Want a deeper understanding of why VCs and companies like Facebook, Google, and Apple are investing billions in ML? The Chicago Booth Built@Booth Club and the Polsky Center for Entrepreneurship and Innovation are hosting the first annual Chicago Machine Learning and Venture Capital Summit to connect: VCs and the ML CEOs they invest in; cutting-edge researchers discovering the tech of tomorrow; entrepreneurs building teams and seeking funding; and name-brand companies and the software engineers they’re looking to hire. Representatives from sponsoring firms Microsoft and IBM will deliver opening and closing remarks. Secure your spot today! We are expecting a capacity crowd, and early bird tickets will set out quickly! Visit our website, and join our mailing list to stay up to date on additions to the agenda.

Questions: Contact Cayse Llorens at

Startup Career Fair

February 7-8, 2017
1:00 pm – 6:00 pm
Illini Union – 1401 W. Green St., Urbana, IL

The world’s top companies are drawn to Illinois because of our global reputation for leadership in engineering research and education. The Illinois environment offers a distinctive combination of the brightest people and a unique culture of collaboration and innovation. Engineering Career Services hosts over 200 companies with over 3,500 students in attendance at our spring fairs (over 500 companies and 7000 students at our fall fairs). One of the many reasons why you should attend the ECS Engineering Career Fair and connect with top talent at Illinois.

Cozad New Venture Competition: Intent to Compete Now Open

The Cozad New Venture Competition (CNVC) is designed to encourage students to create new businesses. Teams are invited to create a venture around a topic of their choice. Read more about the winners of the 2016 CNVC!

The competition process offers teams assistance in the form of: mentors to help guide them through the phases of venture creation, workshops to help with idea validation, pitching skills, customer development, and more as well as and courses to enhance their skills and knowledge.

Teams who make it to the finals round of competition will have the opportunity to meet with venture capitalists, early stage investors and successful entrepreneurs who will serve as judges. The judges will determine up to 8 finalist teams that will present their ventures at the finals event. This year, these teams competed for nearly $200,000 in funding and in-kind prizes.

The co-founding team must consist of at least 30% University of Illinois at Urbana-Champaign students and the overall team should be at least 50% students (from any institution). Non-students may be members of the co-founding team and participate in planning the venture, but only Illinois students may present the plan and answer questions from the judges in all rounds. There is no limit to the number of teams that can enter the CNVC. Students can serve on multiple teams.

Read full details on the TEC website.