Chicago Entrepreneur Programs

Chicago business people understand that running a practical business requires the attitude of gratitude to clients, and having the right energy sources.

They bring new thinking and new perspectives across a wide range of sectors ranging from digital manufacturing, industrial parts distribution, as well as foam insulation and often take on pressing social issues in their work.

Chicago Area Entrepreneurship Hall of Fame

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Chicago Area Entrepreneurship Hall of Fame recognizes innovators in business who have made a positive impact in their local communities. Since 1985, more than 500 notable entrepreneurs have received this prestigious honor; students entrepreneurs, business professionals and even government officials alike can use it as an incentive to celebrate entrepreneurialism. Leonard Lavin, founder of Alberto-Culver Company; John W Baird, chairman emeritus at Baird & Warner; Gian M. Fulgoni (CEO at comScore) and Gordon Segal, the creator of Crate & Barrel are notable honorees.

Mark Tebbe has been actively taking part in the field of entrepreneurial education for over three decades. 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 is an entrepreneur, and advocates for females in technology, leadership and diversity. She has given speeches at various events including Web Summit, Inbound, Collision and Forbes conferences. In addition she hosted events with Technori the media business that assists owners and founders in gaining a better understanding of their companies more intimately.

The Chicago Urban League Center for Entrepreneurship & Innovation

The Chicago Urban League Center for Entrepreneurship & Innovation gives entrepreneurs from underrepresented groups with the opportunity to establish, grow and maintain their business. Supplier diversity certificates and bids to bid on private or public contracts are available through mentoring for business and networking opportunities and financial tools as well as access to financing. Additionally, free entrepreneurial webinars and mentors for startups are provided.

The Urban League currently provides services for more than 6,300 job applicants and business owners who reside in Chatham. The Urban League's expansion through planned contributions. This will ensure that the organization's work will continue for future generations.

The program enables entrepreneurs who are aspiring to seek guidance from experts in business, including CEOs as well as other experts. Alongside, seminars related to technologies, capital access, and procurement are also scheduled to occur all day long - and are no cost for those who want to start their own business!

Every IMPACT Fellow is joined by an African American leader from their community, creating an intergenerational exchange of ideas. As part of the final IMPACT experience participants who participate in each month for nine hours of training have to complete homework between every meeting. Furthermore, shared workspace is offered at 1871 or any other incubators that support startups for IMPACT fellows to use during this fellowship program.

Sunshine Enterprises

Sunshine Enterprises' goal is to empower high-potential entrepreneurs living in underresourced neighborhoods to expand their business and improve their communities. Their 12 week Community Business Academy and ongoing Business Acceleration Services support (such as microgrants, coaching as well as networking and workshops) aid in this.

Sunshine offers entrepreneurs financing support that can be a major hurdle in the beginning or expansion of an enterprise. Their Business Coaches meet one-on-one with every entrepreneurs to identify what type of financing is necessary and create a plan to get it. Sunshine also works with an array of financial partners like Chicago Neighborhood Initiatives (CNI), Byline Bank, CIBC Bank, and Wintrust Community Bank.

Rising Tide Capital's business model acts as the foundation for this organization's operations; President Obama has recognized the organization for its impact on people's lives and revitalizing neighborhoods by way of its Community Business Academy, with the majority of students going on to create new jobs and businesses after graduating from this program.

Sunshine Enterprises also provides support for local entrepreneurs through UChicago Local. The collaboration between UChicago Medicine and the University allows for realigning the procurement department so that it can use the local suppliers that can provide the most competitive bids. This assists in growing small-scale businesses that are located in Chicago while also contributing to the social impact initiatives run by the university. UChicago Local also links local entrepreneurs who are served through Sunshine Enterprises with other programming like Chicago Innovation Exchange or Institute for Justice Clinic focused on Entrepreneurship located at Law School and expands opportunities.

Incubatoredu

INCubatoredu provides students with an authentic entrepreneurial experience as they create their own startup company. Students will be supported by a mentor and coach in each class to assist them in their projects, such as washable foot inserts and social applications.

When teams of students progress through the curriculum students learn to improve the ideas of their startups through the exploration of ideas and customers as well as market research, prototype building, and pitching. The process encourages cooperation and problem-solving skills, as well as teaches students to swiftly adjust to changing conditions.

Every team is competing for funds at the INCubatoredu National Pitch, which takes place every year. The event is known as a shark-tank-style competition, which provides great opportunities for teams to network with investors.

INCubatoredu provides students and teachers with an opportunity to build strong bonds that last beyond the boundaries of the classroom, impacting schools or careers as well as communities beyond classroom walls. Watch INCubatoredu students and alumni talk about its transformative results - both expected and unanticipated!