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Chicago Entrepreneur Programs

Chicago business owners understand that running a real business requires cultivating an attitude to be grateful towards clients, as well as having access to the appropriate energy sources.

Within their responsibilities, they usually address pressing social challenges.

Chicago Area Entrepreneurship Hall of Fame

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The Chicago Area Entrepreneurship Hall of Fame is a tribute to business leaders with a profound influence on their local 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 award. Students, government officials and business professionals can all use the award to encourage 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 inductees.

Mark Tebbe has been actively participating in entrepreneurial education over the last 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 is an entrepreneur as well as an advocates for females in technology as well as leadership and diversity. She has given speeches at various events such as Web Summit, Inbound, Collision and Forbes conferences. Additionally, she co-hosted events for Technori which is a media firm that assists owners and founders in gaining a better understanding of their businesses more deeply.

The Chicago Urban League Center for Entrepreneurship & Innovation

Chicago Urban League Center for Entrepreneurship & Innovation provides entrepreneurs from underrepresented groups the chance to establish, develop and maintain businesses. Bids and certificates of diversity for suppliers to bid on private or public contracts could be obtained by pursuing business mentorship and networking opportunities along with financial aid and access to financing. Entrepreneurship webinars for free and startups mentors are available.

The Urban League currently provides services to more than 6,300 job-seekers and business owners who reside in Chatham. When it grows, supporters can help support this growth by making planned donations towards the Urban League; such donations guarantee that its mission will continue to the next generation.

Entrepreneurs who are considering starting their own business can benefit from advice from experienced CEOs and other professionals in business through this program. Training sessions on technology, procurement as well as capital access are scheduled throughout the day. The workshops are offered for available to everyone who wishes to make it a career as an entrepreneur.

Every IMPACT Fellow will be paired up with an African leader from the community they live in, creating a knowledge exchange between the generations. Entrepreneurs that attend the nine monthly sessions must complete homework between sessions as part of the growth plan presentation following their fellowship. IMPACT Fellows also have access to common workspaces at 1871 as well as other incubators during the program.

Sunshine Enterprises

Sunshine Enterprises aims to help businesses with the highest potential who have limited resources, to expand their businesses, and to improve their community. Their 12-week Community Business Academy and ongoing Support for Business Acceleration Services (such as coaching, microgrants workshops, networking opportunities and training) help this happen.

Sunshine gives entrepreneurs financial support that could be a huge barrier in starting or growing a new business. Sunshine's Business Coaches meet one-on-one with every entrepreneurs to identify what type of financing is necessary and create a plan to obtain it. Additionally, 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 business model behind 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 been instrumental in bringing life back to communities and transform lives. 94% graduates went on to establish companies or establish jobs.

Sunshine Enterprises also provides support local entrepreneurs with UChicago Local. This collaboration between the University as well as UChicago Medicine enables realigning procurement departments to make use of the services of local suppliers who can offer competitive bids, helping to grow small businesses in the Chicago economy while simultaneously contributing to social impact initiatives at the University. UChicago Local also links local entrepreneurs supported through Sunshine Enterprises with other programming including Chicago Innovation Exchange or Institute for Justice Clinic focused on Entrepreneurship located at Law School - further expanding possibilities.

Incubatoredu

INCubatoredu provides students with an experience that is authentically entrepreneurial while they develop their own business startup. Students will be supported by a mentor and coach in each class to help them with their ideas, including washable foot inserts and social apps.

While student teams go through the program as they progress through the program, they are taught how improve and develop the ideas of their startups through the exploration of ideas and customers as well as market research, developing prototypes, pitching and building. The process helps foster teamwork, communication, and problem solving abilities, and also teaches students how quickly they can adapt to change.

Each team competes for funding during the INCubatoredu National Pitch, which takes place every year. The event is known as a shark-tank-style competition, which provides great occasions for teams to meet with investors.

Students and teachers alike are able to form long lasting bonds with INCubatoredu that will impact their professional careers, college and the wider community outside of their classrooms. Listen to INCubatoredu alumni share their life-changing effects - both expected as well as unexpected!