Chicago becomes a hot spot for technology entrepreneurs and incubator spaces

According to a recent article from the Wall Street Journal, Chicago has recently become home to a number of co-working spaces and incubators, for entrepreneur-types who are looking for places to establish their technology ideas in physical spaces.

Pointing to the successes of Groupon and GrubHub, the WSJ article mentioned a list of newly formed incubator spaces for developers and entrepreneurs alike. Listed here are some of the newer and more popular ones:

1871: The name comes from the Great Chicago Fire of 1871, and this collaborate workspace will host an impressive 50,000 square feet of space inside the Merchandise Mart for creators of about 100 startups. For those chosen, the spaces will have areas for desks, and access to conference areas for around $400 a month. Opening on May 2, take an advance look at this popular upcoming tech space here.

Catapult Chicago: This collaborate space opened its doors on March 5. The space has room for about 15 in a River North building and 6 have moved in. The space boasts 12,000 feet of startup space for about $500-$1000 a month.

These are a few of the more popular spaces the WSJ article mentions, including Technori Pitch, which is not a physical collaborative office space for startups, but rather an event of sorts that happens about once a month on stage at the Chase Auditorium. At the events, six Chicago startup ideas launch live in a 525 person space. Each event since September has sold out.

This is just a few examples of the popularity for Midwest Chicago-based technology startup companies and how on fire tech enthusiasts are here to see the city succeed, and take on a unique Silicon Valley vibe of its' own. For the others, and for more information, be sure to check out the original Wall Street Journal article itself here.

Leave a comment