Breaking News Bar
updated: 5/4/2013 10:16 AM

Emanuel, Quinn celebrate digital startup hub

hello
Success - Article sent! close
 
Associated Press

CHICAGO -- A Chicago hub for digital startups has created 800 jobs and attracted nearly $30 million in capital investments in its first year.

Mayor Rahm Emanuel and Gov. Pat Quinn joined leaders from the center known as 1871 to mark its anniversary on Friday.

1871 is a co-working center in Chicago's Merchandise Mart. It offers entrepreneurs affordable workspace and access to mentors, educational resources and potential investors.

It is operated by the nonprofit Chicagoland Entrepreneurial Center and is home to 225 startups.

Emanuel says the success of 1871 is "a shining example of this community coming together to lead business innovation, create jobs and have a major economic impact."

A survey of 1871's founding member companies found they expect 1,342 more jobs will be created in the next 12 months.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.