Chicago Entrepreneur Programs

Chicago businessmen know that practical business requires the attitude of gratitude to clients, and having the right fuel resources.

Within their responsibilities, they usually address 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 an impact on their communities. More than 500 entrepreneurs who have made a significant impact on their community in the years since 1985 have been recognized with this prestigious award. The honor is given to government officials, students and business professionals are all able to use this award to encourage entrepreneurialism. Notable inductees include Leonard Lavin (founder of Alberto-Culver Company); John W Baird (chairman emeritus of Baird & Warner); Gian M Fulgoni (CEO of comScore); and Gordon Segal (founder of Crate & Barrel).

Mark Tebbe is an active participant in the entrepreneurial education field for more than 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 the business world and an avid proponent of female management, inclusion and technological advancements. She's spoken at conferences like Web Summit and Inbound.

Chicago Urban League Center for Entrepreneurship & Innovation

Chicago Urban League Center for Entrepreneurship & Innovation gives entrepreneurs from diverse backgrounds the opportunity to start, expand and manage their business. Bids and certificates of diversity for suppliers to bid on private or public contracts could be obtained by pursuing business mentorship and networking opportunities and financial tools in addition to access funding. Additionally, free entrepreneurial webinars and startup mentors are offered.

The Urban League currently provides services to over 6,300 job seekers and business owners who reside in Chatham. When it grows, supporters are able to help fund this expansion by making planned gifts towards the Urban League; such donations ensure its work can continue in the future.

Aspiring entrepreneurs can get valuable tips from seasoned CEOs and other business professionals through this program. In addition, workshops covering topics such as the use of technology, capital access and procurement will also take place during the course of the day. They are all no cost for those who want to start their own business!

Every IMPACT Fellow is assigned an African-American leader within the local community they reside within. This creates a mutual knowledge exchange between generations. For the duration of the program entrepreneurs who take part in the nine sessions of learning per month are required to do their homework during every meeting. IMPACT Fellows also have access to an 1871 shared workspace and other incubators throughout the course of the program.

Sunshine Enterprises

Sunshine Enterprises' goal is to help entrepreneurs with high potential in underresourced neighborhoods to expand their business and improve their local community. The 12-week Community Business Academy and ongoing Support for Business Acceleration Services (such as microgrants, coaching, workshops and networking opportunities) help this happen.

Sunshine offers entrepreneurs financing support which can prove to be a significant obstacle to the creation or growth of a new business. Sunshine's business Coaches of Sunshine work on a one-on-1 basis with entrepreneurs to decide the kind of financing needed as well as to develop a strategy. Sunshine is also in partnership in partnership with many financial partners like Chicago Neighborhood Initiatives (CNI), Byline Bank, CIBC Bank as well as Wintrust Community Bank.

Rising Tide Capital's concept serves as the foundation for this organization's operations; President Obama has praised the organization for its impact on people's lives and revitalizing neighborhoods by establishing the organization's Community Business Academy, with 94% of graduates being able to start new companies and create jobs after graduating from this program.

Sunshine Enterprises also provides support local entrepreneurs with UChicago Local. This partnership between UChicago Medicine and the University allows for realigning the procurement department to utilize the local suppliers that can provide competition-based bids. This will help grow small-scale businesses that are located within Chicago as well as contributing to the social-impact initiatives run by the university. UChicago Local links Sunshine Enterprises, which serves local Chicago-based entrepreneurs with programs such as Chicago Innovation Exchange and Institute for Justice Clinic Entrepreneurship at Law School to further expand opportunities.

Incubatoredu

INCubatoredu provides students with an authentic entrepreneurial experience when they design their own product startup. Students are supported by a mentor and instructor in every class to assist them in their ideas, including removable foot pads that can be cleaned and social applications.

The students will be taught how to develop their concepts as they progress throughout the curriculum. This involves conducting market research, customer and idea explorations, prototype building, and pitching. This process helps develop cooperation and problem-solving skills, as well as teaches students how to quickly adjust to changing conditions.

Each team competes to win funding at the INCubatoredu National Pitch, which takes place every year. This event is known as a shark tank-style contest and offers valuable chances for teams to connect with investors.

Students and teachers alike have the opportunity to create long lasting bonds with INCubatoredu that will impact their lives, careers, and communities outside of classrooms. Listen to INCubatoredu's graduates describe their unexpected and expected life-altering impacts!