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1871 is a nonprofit digital startup incubator in the Merchandise Mart, Chicago, Illinois. [1] It was founded in 2012 by J. B. Pritzker and is the flagship project of The Chicagoland Entrepreneurial Center (CEC), a nonprofit organization that helps entrepreneurs build high-growth, sustainable businesses that serve as platforms for economic development and civic leadership.
Bankrate insight. SBA loans can be an affordable type of debt financing for startups. So far, in fiscal year 2024, SBA-approved lenders have approved $3.4 billion in SBA 7(a) loans for startups ...
Private small business grants. Separate from government-sponsored business financing, some private companies also offer their own grants – both for marketing purposes and as a form of charitable ...
The Small Business Innovation Research (or SBIR) program is a U.S. government funding program, coordinated by the Small Business Administration, intended to help certain small businesses conduct research and development (R&D). Funding takes the form of contracts or grants.
The Chicago Community Trust (the Trust) is the community foundation serving Chicago, suburban Cook County, and the Illinois counties of DuPage, Kane, Lake, McHenry, and Will. Established on May 12, 1915, it is the second largest community foundation in the country as of 2020, with assets of more than $4.5 billion.
In 2011, Rahm Emanuel was inaugurated as Mayor of Chicago and appointed the new chairperson of WBC. [14] He expanded the board of directors from 15 to 50 people, largely top business leaders for private and public companies in the Chicago area. [15] He also appointed Michael Sacks, CEO of GCM Grosvenor, as WBC's first vice chairman. [16]
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