Free Enterprise Staff  | November 3, 2014

How Chicago Is Promoting Its Startup Economy

Last week, the innovation spotlight fell on Chicago, with the Innovation that Matters event happening just prior to the Challenge Cup competition in the windy city.

Chicago Mayor Rahm Emanuel joined representatives from the Chicagoland Chamber of Commerce as well as a host of startup founders and area incubators and investors to talk about what Chicago is doing to cultivate its startup economy.

Later in the week, more than 30 companies delivered their one-minute pitches to the audience in the headquarters of 1871, a Chicago-based incubator. Within the categories of energy, health, education, and smart cities, themes among the startups included female-centered companies, health solutions for the developing world, and location-based technologies, among others.

Next week, Challenge Cup will go down under with an event in Sydney, Australia.