Industries & Innovation
NEWS
WBC Events & Recognition
10.30.2025
Chicago continues to lead the charge in shaping the future of food in America. From cutting-edge AgTech and innovation to the ingenuity born in the city’s early stockyards, Chicago’s startup, R&D, and manufacturing ecosystem has long defined what—and how—America eats. No longer the “Stacker of Wheat, Player with Railroads and Freight Handler to the Nation” (as Sandburg once wrote), Chicago’s rich and resilient food value chain firmly cements its place as the nation’s food capital.
At the center of this story is the Chicago Venture Summit: Future of Food 2025, organized by World Business Chicago and supported by Mayor Brandon Johnson. More than a conference, it’s a civic statement—affirming that the future of food, sustainability, and entrepreneurship will continue to be shaped in the heart of America.
Founded in 2014 by then–venture capital (VC) ecosystem leader JB Pritzker, the Chicago Venture Summit has evolved into a flagship platform connecting founders, investors, and thought leaders across sectors where the city has a true right to win. This year’s sold-out edition brought together more than 500 innovators at 167 N. Green Street and The Oakville Grill & Cellar (from WBC board member Shapack Partners).
Attendees represented a powerful snapshot of Chicago’s global reach:
Some may have been drawn by the marquee names—Mayor Johnson, Cook County President Toni Preckwinkle, and executives from Ferrero, Microsoft, Verizon, and Nicor Gas—but they stayed for the intentionality and substance of the program.
Among the highlights: the launch of the inaugural Future of Food Waste Forum by Nicor Gas, signaling that sustainability is no longer a side dish—it’s part of the main course. This initiative aims to activate a circular economy where clean energy, logistics, and AgTech transform food waste into fuel, fertilizer, and future jobs.
Chicagoland is the nation’s #1 food manufacturing hub, generating $11.8 billion annually and employing more than 72,000 people. Nearly 40% of the firms operate outside Cook County—proof that innovation here extends beyond city limits and thrives across universities, communities, and counties.
This broad regional ecosystem—anchored by fertile farmland, a world-class logistics network, and a thriving tech corridor—powers the resilient systems that define Chicago’s food industry leadership.
As Phil Clement, President & CEO of World Business Chicago, summed it up:
And Charles Smith, Vice Chair of WBC, echoed that conviction:
If there was one takeaway from the Chicago Venture Summit: Future of Food 2025, it’s that the energy in the room was palpable — and contagious. The feedback poured in from across industries, capturing the same theme: Chicago showed up and showed why it leads.
Adam G. Southam of Food for Health raved in his feedback to WBC:
The startup community felt it too. Andy Freivogel, Co-Founder of Science on Call, who pitched on stage during the summit, reflected:
And Gabrielle Di Franco of Ferrero summed it up perfectly on LinkedIn:
As the Chicago Fire FC–sponsored reception closed out the day, the symbolism was unmistakable — a local team representing a global city, celebrating a summit that unites entrepreneurs, investors, and civic leaders.
In the end, the Future of Food 2025 proved one thing above all: when Chicago harnesses its unique mix of talent, technology, and tenacity, it doesn’t just adapt to the future — it defines it.
Presenting sponsors included:Cleveland Avenue, Cooley, Edelman, Ferrero, the College of Agricultural, Consumer and Environmental Sciences (ACES) of the University of Illinois Urbana-Champaign, Ingredion, Microsoft, Nicor, S2G Investments, Shapack Partners, Tilia Holdings, and Verizon.
Innovation Sponsors included: 1871, Clique Studios, Greater Chicagoland Economic Partnership (GCEP), and Illinois Manufacturers’ Association, JP Morgan, and mHUB.
Venture Partners include: Barrel Ventures, Bluestein Ventures, Capitalize VC, Listen, Lofty Ventures, Naturally Chicago, Serra Ventures, Supply Change Capital, TechNexus Venture Collaborative, and Valor Equity Partners.
Closing reception executive sponsor: Chicago Fire FC.
Chicago’s Advantage
Industries & Innovation
WBC Research Center
10.30.2025
This Halloween, World Business Chicago is encouraging everyone to buy local and savor Chicago-made sweets. We were recently featured on CBS 2 Chicago, talking about why Chicagois the sweetest city&hel
Chicago’s Advantage
Industries & Innovation
10.07.2025
As September winds down, this week’s WBC Business Pulse newsletter—prepared by the WBC Research Team—focuses on one of Chicagoland’s most powerful economic engines: trade and exports. With Oct
Business & Growth
Industries & Innovation
09.12.2025
Chicago’s innovation ecosystem is fortunate to be home to powerhouse organizations like mHUB, Current, and others that fuel collaboration, economic growth, and industry leadership. These hubs not on
Business & Growth
Industries & Innovation
NEWS
08.18.2025
Chicago’s innovation ecosystem is fortunate to be home to powerhouse organizations like mHUB, Current, and others that fuel collaboration, economic growth, and industry leadership. These hubs not on