Chicago Entrepreneur Programs

Chicago entrepreneurs understand that real-world business requires cultivating an attitude that is a sense of appreciation for customers and being able to access the right resources for fuel.

Within their responsibilities, they often tackle pressing social issues.

Chicago Area Entrepreneurship Hall of Fame

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The Chicago Area Entrepreneurship Hall of Fame honors business leaders who are innovative that have made a major influence on their communities. The more than 500 business leaders who have made a significant influence on their community in the years from 1985 onwards are honored with this honor. The honor is given to government officials, students and business professionals are all able to use this award 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 entrepreneurial education field for over 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 an entrepreneur and advocates for females in tech in leadership, diversity and leadership. She has been a speaker at conferences like Web Summit, Inbound, Collision and Forbes conferences. Additionally she hosted events with Technori the media business which helps founders and business owners in getting to know their organizations more closely.

Chicago Urban League Center for Entrepreneurship & Innovation

The Chicago Urban League Center for Entrepreneurship & Innovation offers entrepreneurs from underrepresented groups with the opportunity to begin, develop and maintain their business. through business mentorship sessions or networking events, they can gain access to financial resources; Supplier diversity certificates can be obtained, as are tenders for private or public contracts. Free entrepreneurship webinars and startups mentors are available.

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

Aspiring entrepreneurs can get valuable guidance from experienced CEOs as well as others in the business world through this program. Additionally, there will be workshops covering topics such as technology, capital access and procurement will also be offered throughout the day - no cost for those who want to become an entrepreneur!

Each IMPACT Fellow is paired with a leader of African descent in the same community that they reside within. This creates a mutual knowledge exchange between the generations. As part of the final stage of the IMPACT program participants who participate in nine learning sessions per month have to complete homework between every session. Additionally, shared workspaces are accessible at 1871 and other startup incubators for IMPACT fellows to use during this fellowship program.

Sunshine Enterprises

Sunshine Enterprises aims to help high-potential business owners in neighborhoods who have limited resources, to expand their business, as well as improve their community. Their 12-week Community Business Academy and ongoing Support for Business Acceleration Services (such as coaching, microgrants, workshops and networking opportunities) assist in this process.

Sunshine gives entrepreneurs access to financial assistance, which is typically the most significant obstacle to establishing or expanding their business. The Business Coaches of Sunshine consult on a one-on-1 basis with entrepreneurs to decide what kind of money is required and develop an action strategy. Sunshine collaborates with an array of financial partners like Chicago Neighborhood Initiatives (CNI), Byline Bank, CIBC Bank as well as Wintrust Community Bank.

The concept of 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 helped to revitalize communities and transform the lives of people. The majority of graduates are now able to launch companies or establish jobs.

Sunshine Enterprises also provides support for local entrepreneurs through UChicago Local. The collaboration between UChicago Medicine and the University permits the realignment of the procurement department so that it can use more local vendors that offer competitive proposals. This will help grow small business sector within Chicago and also contributes to the social impact initiatives of the university. UChicago Local links Sunshine Enterprises, which serves local entrepreneurs in Chicago, through programs like Chicago Innovation Exchange and Institute for Justice Clinic Entrepreneurship at Law School in order to expand opportunities.

Incubatoredu

INCubatoredu offers students the chance to experiment with entrepreneurship, by creating their own business. Each class is supported by a mentor or coach to guide student teams through the program and assist with initiatives related to washable shoe insoles or social apps; Students have plenty of opportunities to try out their ideas employing lean management principles.

As student teams progress through the program as they progress through the program, they are taught how improve and develop the ideas of their startups through customer and idea exploration, market research, prototype building, and pitching. This process fosters cooperation, collaboration, and problem-solving skills as well as teaching students how quickly they can adapt to changes.

Each team competes for funding during the INCubatoredu National Pitch, which is held annually. This event is known as a shark tank-style contest and provides valuable occasions for teams to meet with investors.

INCubatoredu gives students and teachers the chance to create lasting bonds that go beyond classroom walls, impacting colleges or careers as well as community beyond the boundaries of classrooms. Take a listen to INCubatoredu alumni share their life-changing results - both expected as well as unexpected!