Chicago Entrepreneur Programs

Chicago entrepreneurs understand that real-world business involves cultivating a mindset of gratitude towards customers, as well as having access to the appropriate energy sources.

In the course of their mission, they usually address pressing social challenges.

Chicago Area Entrepreneurship Hall of Fame

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The Chicago Area Entrepreneurship Hall of Fame honors business leaders who are innovative who have had a significant impact on their community. Since 1985, more than 500 successful entrepreneurs have earned this prestigious honor; students entrepreneurs, business professionals and even politicians alike have used it as an incentive to honor entrepreneurialism. 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 field of entrepreneurial education over the last 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 has a background as a female in business and a strong proponent of female management, inclusion and tech. She's been a speaker at conferences including Web Summit and Inbound.

Chicago Urban League Center for Entrepreneurship & Innovation

The Chicago Urban League Center for Entrepreneurship & Innovation provides entrepreneurs of color with opportunities to begin, develop and sustain businesses. Supplier diversity certificates and bids to bid on private or public contracts are available through business mentoring and networking opportunities and financial tools in addition to access financing. Webinars on entrepreneurship for free, as well as startups mentors are offered.

The Urban League currently provides services to over 6,300 job seekers and business owners who reside in Chatham. In the future, those who support it are able to help fund this expansion by making planned gifts to the Urban League; such donations guarantee that its mission will continue to the next generation.

The program enables entrepreneurs who are aspiring to receive advice from business professionals, CEOs and others. Workshops on technology, procurement as well as capital access will be held all day long. These workshops are open to all who wish to become an entrepreneur.

Every IMPACT fellow is partnered with an African American leader from their community, creating an intergenerational exchange of knowledge. Entrepreneurs attending nine monthly learning sessions are required to complete their homework in between sessions as part of the growth plan presentation at the end of their fellowship. IMPACT Fellows can also use an 1871 shared workspace and other incubators during the program.

Sunshine Enterprises

Sunshine Enterprises' goal is to support entrepreneurs who have the potential in neighborhoods with low resources to develop their enterprises and change their local community. The 12-week Community Business Academy and ongoing Support for Business Acceleration Services (such as coaching, microgrants, workshops and networking opportunities) help this happen.

Sunshine provides entrepreneurs with financial assistance that could be a huge hurdle in the beginning or expansion of an enterprise. Sunshine's Business Coaches work one-on-one with each business owner to determine what kind of finance is required and develop a strategy to obtain 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 concept serves as the basis for this non-profit's activities. President Obama has praised their impact on lives and revitalizing neighborhoods by establishing its Community Business Academy, with the majority of students being able to start new jobs and businesses after graduating from this program.

Sunshine Enterprises also provides support to local entrepreneurs via UChicago Local. The collaboration with UChicago Medicine and the University permits the realignment of the procurement department to utilize more local vendors that offer competitive bids. This assists in growing small business sector that are located in Chicago and also contributes to the social-impact initiatives of the university. UChicago Local also links local entrepreneurs supported by Sunshine Enterprises with other programming such as Chicago Innovation Exchange or Institute for Justice Clinic on Entrepreneurship located at Law School - further expanding possibilities.

Incubatoredu

INCubatoredu provides students with the opportunity to experience entrepreneurship in a real way when they design their own product startup. Students will be supported by a mentor and instructor in every class, who help with the projects they are working on, like removable foot pads that can be cleaned and social apps.

When teams of students progress through the program students learn to refine and strengthen the ideas of their startups through research on ideas and customers as well as market research, prototype building, and pitching. This helps to develop cooperation, collaboration, and problem-solving skills as well as teaching students how quickly they can adapt to change.

Each team competes for funding at the INCubatoredu National Pitch, which is held annually. It is referred to as a shark-tank-style competition, and provides valuable opportunities for teams to network with investors.

Students and teachers alike are able to form long lasting bonds to INCubatoredu which will affect their professional careers, college as well as the communities they live in outside of school. Listen to INCubatoredu alumni discuss its life-altering impacts - both anticipated and unexpected!