Chi capital accelerator world business chicago

In tandem with the WBC’s Community Impact team, the Mayor’s Office, and other key partners, this program aims to challenge the access to capital gap and promote equitable economic development. This multi-phased program connects business owners to technical assistance, funding opportunities, and valuable resources to help scale their operations.

The objective of this 12-week program, beginning in June 2024, is to prepare Black or Latino-owned businesses primed for growth to the capital necessary to take the next step to grow their business. Women and minority-owned businesses are strongly encouraged to apply.

We invite business owners to apply on a rolling basis to our formal application to join the ’24 cohort; the application deadline is April 29th, 2024.

Participating Business Profile

Industry

Retail, light manufacturing or professional services

Annual Revenue

At least $250,000

Years in Business

At least 3 years

Growth Opportunity

Have identified clear development goals that require capital investment

2023 Cohort 

Program Information

Access to Captial

Technical Assistance

Educational Workshops

Networking Events

Welcome to the Chi Capital Accelerator, a transformative 12-week initiative designed for minority and women-owned businesses in Chicago to prepare business owners to pursue the capital needed to grow and scale their businesses. We aim to empower entrepreneurs with the financial knowledge, technical skills, management, and resources necessary to take their business to the next level. 

Through this program, World Business Chicago and its partners provide a fractional Chief Financial Officer (CFO), hands-on accounting and tax consulting provided by Badu Tax Services, and consultants to help them address key business challenges and determine the best strategies for business growth and capital opportunities.

If you have any questions, please feel free to reach out to communityimpact@worldbusinesschicago.com

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Get Involved

We are accepting applications for our second small business cohort for 2024. Propel your business forward, and join the cohort of 2024.

We seek partners, sponsors, and vendors to work with us on the 2024 summit and for future events.

About the CI Team

The Community Impact Team supports equitable economic development across the city’s South and West-Sides. As part of that work, we actively support the implementation of the Mayor’s signature INVEST South/West initiative, which you can learn more about here.

Contact Us

LaForce Baker
Vice President of Community Impact
lbaker@worldbusinesschicago.com

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