Chicago Entrepreneur Programs

Chicago entrepreneurs understand that real-world business involves cultivating a mindset that is a sense of appreciation for customers as well as being able to access the right resources for fuel.

In the course of their mission, they often tackle pressing social issues.

The Chicago Area Entrepreneurship Hall of Fame

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Chicago Area Entrepreneurship Hall of Fame honors business innovators who have made significant contributions to their respective communities. Since 1985, more than 500 prominent entrepreneurs have been awarded this prestigious honor; students entrepreneurs, business professionals and even politicians alike have used the honor to recognize the entrepreneurial spirit. 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 is an active participant in the field of entrepreneurial education 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 as well as an champion for women's participation in technology, leadership and diversity. She's been a speaker at conferences including Web Summit and Inbound.

The Chicago Urban League Center for Entrepreneurship & Innovation

Chicago Urban League Center for Entrepreneurship & Innovation provides entrepreneurs of color the opportunity to launch, grow and sustain their businesses. Diversity certificates for suppliers and bids for public or private contracting could be obtained through mentoring for business meetings, networking, financial resources in addition to access financial aid. Free entrepreneurship webinars, as well as startups mentors are provided.

The Urban League currently provides services for more than 6,300 job applicants and business owners who reside in Chatham. In the future, those who support it could help to support the growth by making planned donations towards the Urban League; such donations guarantee that its mission will continue in the future.

This event allows entrepreneurs in the process to get advice from business professionals, CEOs and other professionals. The workshops on procurement, technology and access to capital are scheduled all day long. These workshops are available to everyone who wishes to be an entrepreneur.

Every IMPACT participant is assigned one African American leader from their community to create an intergenerational exchange of ideas. For the duration of the stage of the IMPACT program, entrepreneurs who attend each month for nine hours of training have to complete homework between every session. IMPACT Fellows also have access to common workspaces at 1871 as well as other incubators throughout the course of the program.

Sunshine Enterprises

Sunshine Enterprises aims to help entrepreneurs with high potential in areas who have limited resources, to expand their business, as well as transform their communities. This is made possible by the 12-week Community Business Academy, and the ongoing Business Acceleration Service help, which includes microgrants and workshops, and training.

Sunshine gives entrepreneurs financial support which can prove to be a significant hurdle in the beginning or expansion of the business. The business Coaches of Sunshine work on a one-on-1 basis with entrepreneurs to decide the type of funding needed and develop an action strategy. Sunshine is also in partnership with an array of financiers, such as Chicago Neighborhood Initiatives (CNI), Byline Bank, CIBC Bank, and Wintrust Community Bank.

The concept of Rising Tide Capital is the inspiration behind this non-profit's operation. President Obama 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 have gone on to start companies or establish jobs.

Sunshine Enterprises provides local entrepreneurs with assistance through UChicago Local. The partnership between UChicago Medicine and the University allows for realigning the procurement department to utilize the local suppliers that can provide the most competitive bids. This helps grow the small business sector within Chicago and also contributes to the social initiatives at the University. UChicago Local links Sunshine Enterprises who support local Chicago-based entrepreneurs by partnering with programs such as Chicago Innovation Exchange and Institute for Justice Clinic Entrepreneurship at Law School for further expansion of opportunities.

Incubatoredu

INCubatoredu gives students an experience that is authentically entrepreneurial while they develop their own business startup. Every class is accompanied by a mentor or coach to help students navigate the program and assist with projects related to washable foot insoles, or social applications; Students are given ample opportunity to try out their ideas applying lean business principles.

Students are taught to enhance their concepts as they progress through the program. This includes conducting market research, customer and idea explorations, prototype building, and pitching. This helps to develop teamwork, communication, and problem solving capabilities, as well as teaching students to adapt quickly to change.

Each team competes to win funding during the INCubatoredu National Pitch, which is held annually. It is referred to as a shark-tank-style competition, and offers valuable occasions for teams to meet with investors.

Students and teachers can create long lasting bonds to INCubatoredu which can impact their careers, colleges as well as the communities they live in outside of school. Hear INCubatoredu's alumni describe its surprising and anticipated life-changing effects!