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Chicago Entrepreneur Programs

Chicago business people understand that running a practical business requires a gratitude attitude towards clients as well as having the appropriate fuel resources.

Within their responsibilities, they often tackle pressing social challenges.

Chicago Area Entrepreneurship Hall of Fame

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Chicago Area Entrepreneurship Hall of Fame is a tribute to business leaders that have created significant contributions to their local communities. Over 500 entrepreneurs who have made a significant impact on their community since 1985 are recognized by this award. The honor is given to government officials, students as well as business executives have all been able to benefit from the honor to promote entrepreneurship. 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 recipients.

Mark Tebbe is an active part of the area of education for entrepreneurs for more than 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 in the business world and an avid supporter of women's management, inclusion and technology. She has been a speaker at conferences including Web Summit, Inbound, Collision and Forbes conferences. In addition she was a co-host for events hosted by Technori, a media company which helps founders and business owners to get to know their organizations more closely.

Chicago Urban League Center for Entrepreneurship & Innovation

Chicago Urban League Center for Entrepreneurship & Innovation offers entrepreneurs from diverse backgrounds the opportunity to establish, develop and maintain businesses. Diversity certificates for suppliers and bids for public or private contracting could be obtained through mentoring for business, networking events, financial resources as well as access to funding. Free entrepreneurship webinars, as well as startups mentors are available.

The Urban League provides assistance to more than 6,300 business owners and job seekers in Chatham. As it expands, donors are able to help fund this expansion by making planned gifts to the Urban League; such donations ensure its work can continue to the next generation.

The program enables entrepreneurs who are aspiring to seek advice from CEOs, business experts and others. Additionally, there will be workshops covering topics such as technologies, capital access, as well as procurement will occur during the course of the day. They are all no cost for those who want to become an entrepreneur!

Every IMPACT Fellow is paired with a leader of African descent in the same community that they reside within, facilitating a learning exchange between generations. Entrepreneurs attending nine monthly learning sessions are required to complete their homework in between sessions in order to complete the growth plan that they present at the end of the IMPACT fellowship. IMPACT Fellows are also able to use the common workspaces at 1871 as well as other incubators during the program.

Sunshine Enterprises

Sunshine Enterprises' goal is to empower high-potential entrepreneurs living in underresourced neighborhoods to expand their businesses and transform their local community. It is possible thanks to the 12-week Community Business Academy, and the continuous Business Acceleration Service assistance, including microgrants, workshops and the coaching.

Sunshine offers entrepreneurs financing assistance that is often the largest obstacle in starting or expanding a company. Sunshine's business Coaches of Sunshine meet together with entrepreneurs in a one-on-one setting to identify the type of funding needed as well as to develop a plan. Furthermore, Sunshine works with a collection of finance partners that include Chicago Neighborhood Initiatives, Byline Bank, CIBC Bank and Wintrust Community Bank among many other organizations.

The concept of Rising Tide Capital is the basis for the operation of this non-profit. President Obama recognized Rising Tide Capital for their Community Business Academy which has contributed to the revitalization of communities and transform the lives of people. The majority of graduates have gone on to start new businesses or create jobs.

Sunshine Enterprises provides local entrepreneurs with assistance by way of UChicago Local. This collaboration between the University together with UChicago Medicine enables realigning procurement departments to make use of the services of local suppliers who can have competitive bids. This helps to grow small businesses in the Chicago economy, while also contributing to projects that impact the social environment at the university. UChicago Local also links local entrepreneurs who are served through Sunshine Enterprises with other programming such as Chicago Innovation Exchange or Institute for Justice Clinic on Entrepreneurship at Law School and expands possibilities.

Incubatoredu

INCubatoredu provides students with the opportunity to experience entrepreneurship in a real way when they design their own business startup. Every class is accompanied by a mentor or coach to help students navigate the course and help with projects related to washable foot insoles, or social applications; students have ample opportunities to test out ideas while using lean business practices.

While student teams go through the program as they progress through the program, they are taught how improve and develop their startup ideas by conducting customer and idea exploration as well as market research, prototype building, and pitching. This process helps develop communication and problem solving skills, as well as teaches students how to quickly adjust to changing conditions.

Every year, each team participates in the INCubatoredu National Pitch to compete for seed funding for their startup companies. It is referred to as a shark tank-style contest which provides great chances for teams to connect with investors.

Students and teachers alike have the opportunity to create friendships that last a lifetime with INCubatoredu which will affect their lives, careers, and the wider community outside of their classrooms. Listen to INCubatoredu's graduates describe their surprising and anticipated life-changing effects!