Chicago Entrepreneur Programs
Chicago Entrepreneur Programs
Chicago business people understand that running a practical business requires an attitude of gratitude towards customers, and having the right supplies of fuel.
They bring new thinking and new perspectives to a range of industries that range from digital manufacturing to industrial parts distribution, as well as foam insulation - and often take the social problems of our times in the course of their work.
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Chicago Area Entrepreneurship Hall of Fame
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The Chicago Area Entrepreneurship Hall of Fame is a tribute to business leaders who have had a significant impact on their community. Since 1985, over 500 notable entrepreneurs have received this prestigious honor; students, business leaders and government officials alike can use this as a way to recognize the entrepreneurial spirit. Leonard Lavin, founder of Alberto-Culver Company; John W Baird chairman emeritus of Baird & Warner; Gian M. Fulgoni (CEO at comScore) and Gordon Segal, the creator of Crate & Barrel are notable honorees.
Mark Tebbe is an active part of the area of education for entrepreneurs over the last three years. He has served as judge and mentor in the University of Chicago Booth New Venture Competition; Adjunct Professor of Entrepreneurship at Polsky Center for Entrepreneurship and Innovation; Entrepreneur-in-residence for College of Engineering UIC; as well as being recognized as an expert on emerging technology with contributions published nationwide.
Laurette has a background as a female working in the business world and an avid advocate of women's management, inclusion and technology. She has spoken at events like Web Summit and Inbound.
Chicago Urban League Center for Entrepreneurship & Innovation
The Chicago Urban League Center for Entrepreneurship & Innovation gives entrepreneurs of color with opportunities to start, expand and maintain their business. Supplier diversity certificates and bids for private or public contracting could be obtained by pursuing business mentorship, networking events along with financial aid as well as access to financing. Entrepreneurship webinars for free and startup mentors, are also offered.
The Urban League currently provides services for more than 6,300 job applicants and business owners in Chatham. As it expands, donors could help to support the expansion with planned gifts towards the Urban League; such donations ensure its work can continue to the next generation.
This program allows aspiring entrepreneurs to get advice from CEOs, business experts and others. Alongside, seminars on topics like the use of technology, capital access as well as procurement will take place during the course of the day. They are all no cost for those who want to start their own business!
Each IMPACT Fellow is joined by one African American leader from their community, creating the opportunity for intergenerational sharing of information. Entrepreneurs attending nine monthly learning sessions must complete homework between sessions in order to complete the growth plan that they present after the IMPACT fellowship. IMPACT Fellows also have access to common workspaces at 1871 as well as other incubators in the course of their fellowship.
Sunshine Enterprises
Sunshine Enterprises' goal is to help entrepreneurs with high potential in neighborhoods with low resources to develop their business and improve their local community. Their 12 week Community Business Academy and ongoing Business Acceleration Services support (such as microgrants, coaching workshops, networking opportunities and training) assist in this process.
Sunshine offers entrepreneurs financing support that could be a huge obstacle to the creation or growth of the business. Their Business Coaches meet one-on-one with every entrepreneur to assess what type of financing is necessary and devise a plan to get the funding. Sunshine collaborates in partnership with many financiers, such as Chicago Neighborhood Initiatives (CNI), Byline Bank, CIBC Bank as well as Wintrust Community Bank.
The business model behind Rising Tide Capital is the inspiration behind this non-profit's operation. President Obama has recognized Rising Tide Capital for their Community Business Academy which has contributed to the revitalization of neighborhoods and change lives. 94% of the graduates have gone on to start their own businesses or to create employment.
Sunshine Enterprises also provides support local entrepreneurs with UChicago Local. This partnership between UChicago Medicine and the University permits the realignment of the procurement department to utilize more local vendors that offer the most competitive bids. This helps grow the small businesses in Chicago and also contributes to the social-impact initiatives at the University. UChicago Local also links local entrepreneurs supported by Sunshine Enterprises with other programming like Chicago Innovation Exchange or Institute for Justice Clinic focused on Entrepreneurship at Law School which further expands opportunities.
Incubatoredu
INCubatoredu gives students an opportunity to experiment with entrepreneurship, by creating their own startup. Every class is accompanied by a coach or mentor who will guide teams of students through the curriculum and support projects related to washable foot insoles and social apps. students have ample opportunities to test out ideas while employing lean management principles.
As student teams progress through the curriculum as they progress through the program, they are taught how to improve their startup ideas by conducting research on ideas and customers, market research, prototyping building and pitching. This process fosters cooperation, collaboration, and problem-solving skills as well as teaching students how quickly they can adapt to changing conditions.
Each team competes for funding during the INCubatoredu National Pitch, which occurs every year. This event is known as a shark-tank-style competition, and provides valuable opportunities for teams to network with investors.
INCubatoredu provides students and teachers with an exceptional opportunity to form lasting bonds that go beyond college walls. It impacts colleges or careers as well as communities beyond classroom walls. Listen to INCubatoredu's graduates describe their unanticipated and life-changing impacts!