Official: UI Labs could keep top minds in Ill.

Official: UI Labs could keep top minds in Ill.

Credit: Getty Images

HARLOW, ENGLAND - JANUARY 19: An analyst handles a vial of blood in the anti-doping laboratory which will test athlete?s samples from the London 2012 Games on January 19, 2012 in Harlow, England. The facility, which will be provided by GSK and operated by King?s College London, will test over 6250 samples throughout the Olympic and Paralympic Games. Over 150 anti-doping scientists will work in the laboratory, which measures the size of seven tennis courts, 24 hours a day. (Photo by Oli Scarff/Getty Images)

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KMOV.com

Posted on January 25, 2013 at 10:58 AM

Updated Friday, Jan 25 at 11:26 AM

CHICAGO (AP) -- A University of Illinois official working on a planned public-private research laboratory in Chicago says it could serve as a job creator for the region and a magnet to draw and keep the best and brightest in Illinois.

   Larry Schook is vice president for research at the planned UI Labs. He told university trustees at a meeting Thursday about plans for the public-private lab that would link the university, the city of Chicago, the state government and ideally major companies.

   The research institute would have a budget of up to $100 million in five years. The money would have to come from grants, donors and outside organizations involved in the research.

   Trustees did not vote on the plan Thursday but will eventually have to sign off on the university's role.

 

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