P33

National Community Investment Fund In Partnership with Innovate Illinois Submits $1 Billion "Rust Belts to Green Belts" EPA Funding Proposal

Retrieved on: 
Wednesday, November 22, 2023

CHICAGO, Nov. 21, 2023 /PRNewswire-PRWeb/ -- The National Community Investment Fund (NCIF), a Chicago-based non-profit, national community development financial institution and impact investor, in partnership with Innovate Illinois, a public-private partnership that secures federal funding for Illinois, today announced that it has submitted a $1 billion funding proposal to the Environmental Protection Agency's Clean Communities Investment Accelerator. Named "Rust Belts to Green Belts," (R2G) the NCIF proposal addresses the historical tension between industrial corridors and their surrounding neighborhoods by supporting clean technology adoption, job creation, wealth building, retrofitting of affordable housing and environmental improvements in low-income and disadvantaged communities (LIDACs).

Key Points: 
  • The National Community Investment Fund (NCIF), a Chicago-based non-profit, national community development financial institution and impact investor, in partnership with Innovate Illinois, a public-private partnership that secures federal funding for Illinois, today announced that it has submitted a $1 billion funding proposal to the Environmental Protection Agency's Clean Communities Investment Accelerator.
  • CHICAGO, Nov. 21, 2023 /PRNewswire-PRWeb/ -- The National Community Investment Fund (NCIF), a Chicago-based non-profit, national community development financial institution and impact investor, in partnership with Innovate Illinois , a public-private partnership that secures federal funding for Illinois, today announced that it has submitted a $1 billion funding proposal to the Environmental Protection Agency's Clean Communities Investment Accelerator .
  • Led by the NCIF with support from coalition members Appalachian Community Capital, the Chickasaw Nation, Accion Opportunity Fund, and the National Urban League, the Rust Belts to Green Belts proposal also includes coordination partners Innovate Illinois, P33 and World Business Chicago.
  • "In partnership with the National Community Investment and Innovate Illinois, we have established good jobs, clean technology, economic development, and environmental justice as core tenets of our clean energy future.

Southern Company Gas announces election of two new board members

Retrieved on: 
Monday, October 23, 2023

ATLANTA, Oct. 23, 2023 /PRNewswire/ -- Southern Company Gas today announced its board of directors has elected Bradley J. Henderson, CEO of P33 Chicago and Eric S. Smith, vice chair of BMO Bank to join the board, effective Oct. 15.

Key Points: 
  • ATLANTA, Oct. 23, 2023 /PRNewswire/ -- Southern Company Gas today announced its board of directors has elected Bradley J. Henderson, CEO of P33 Chicago and Eric S. Smith, vice chair of BMO Bank to join the board, effective Oct. 15.
  • "We are excited to have Brad and Eric join our board of directors," said Jim Kerr, chairman, president and CEO of Southern Company Gas.
  • Kerr also thanked Vanessa Allen Sutherland, executive vice president of government affairs, general counsel and corporate secretary at Phillips 66, for her two plus years of service on the Southern Company Gas board.
  • "With the vital role Nicor Gas and Southern Company Gas play in more than 650 communities, their service on our board will be invaluable to the customers and communities in northern Illinois we are privileged to serve."

GOVERNOR PRITZKER, MAYOR BRANDON JOHNSON, WORLD BUSINESS CHICAGO & CHICAGOLAND BUSINESS LEADERS LAUNCH THE CHICAGOLAND CLIMATE INVESTMENT ALLIANCE TO DRIVE CLIMATE INNOVATION & ECONOMIC DEVELOPMENT

Retrieved on: 
Thursday, October 5, 2023

The Chicagoland Climate Investment Alliance (the "Alliance") represents a pivotal step forward in harnessing the strengths of the Chicagoland region and the broader Midwest, positioning it as a leading hub for climate innovation, economic development, and investment.

Key Points: 
  • The Chicagoland Climate Investment Alliance (the "Alliance") represents a pivotal step forward in harnessing the strengths of the Chicagoland region and the broader Midwest, positioning it as a leading hub for climate innovation, economic development, and investment.
  • The Alliance will support the commercialization of climate technologies and strengthen the region's innovation ecosystem to address climate challenges through technology and innovation.
  • "The landmark Chicagoland Climate Investment Alliance is another step forward that will propel our workforce, industries, and businesses toward an equitable, clean energy future.
  • The Chicagoland Climate Investment Alliance will:
    Forge an Interconnected Climate Innovation Ecosystem: Prioritizing cohesive and impactful programming across sectors, including agtech, clean energy, water, food, and recycling.

Chicagoland's Quantum Science & Innovation Detailed in New Research Report

Retrieved on: 
Wednesday, August 23, 2023

CHICAGO, Aug. 23, 2023 /PRNewswire/ -- The Chicagoland region stands on the precipice of becoming a global center for quantum technologies, suggests a report released today by World Business Chicago. The transformative impact of quantum technology is expected to outpace current computational capabilities and revolutionize sectors like automotive, finance, life sciences, and beyond.

Key Points: 
  • Read more in World Business Chicago's Chicago Business Bulletin, " Chicagoland's Quantum Ecosystem " published in partnership with the Chicago Quantum Exchange and P33 Chicago.
  • "The motivation behind this report was understanding that quantum, often likened to science fiction, is very real," expressed Robin Ficke, SVP, Research, World Business Chicago. "
  • Today's quantum ecosystem report provides an unbiased glimpse into the region's quantum tech landscape and its broader implications in the U.S. and world.
  • Including nearby quantum centers in Urbana-Champaign and Madison, Wisconsin, the Midwest region is the nation's third-largest quantum education hub.

CHICAGO VENTURE SUMMIT FUTURE-OF-FOOD ANNOUNCES KEYNOTE SPEAKERS & AGENDA

Retrieved on: 
Thursday, April 13, 2023

CHICAGO, April 13, 2023 /PRNewswire/ -- This year's Chicago Venture Summit Future-of-Food will showcase the Chicago region's dominance as a hub for food manufacturing and innovation. It will also put the spotlight on transformation in the food industry, with keynotes from Alanna Cotton, President and Chief Business Officer of Ferrero North America; Kristin Kroepfl, Chief Marketing Officer of Quaker Foods North America; and, Hiroshi Shiragami, Chief Innovation Officer for Ajinomoto.

Key Points: 
  • CHICAGO, April 13, 2023 /PRNewswire/ -- This year's Chicago Venture Summit Future-of-Food will showcase the Chicago region's dominance as a hub for food manufacturing and innovation.
  • The May 3rd Chicago Venture Summit will demonstrate the Chicago region's dominance in food manufacturing & innovation.
  • "With the second edition of Future-of-Food coming back, the Chicago Venture Summit series continues to lead as a premier convening for innovators from around the world," said Mark Tebbe, Innovation & Venture Council Chair and Board Member, World Business Chicago.
  • Led by World Business Chicago with the support of sponsors, the Chicago Venture Summit is an invite-only industry innovation and startup conference.

SDI Presence Appoints Former CIO and Amazon/Cisco Executive Hardik Bhatt to Chief Executive Officer

Retrieved on: 
Tuesday, March 14, 2023

CHICAGO, March 14, 2023 /PRNewswire/ -- SDI Presence LLC (SDI), the National Minority Supplier Development Council (NMSDC) Corporate Plus-certified IT consultancy and managed services provider (MSP), announced that Hardik Bhatt has been appointed Chief Executive Officer. Formerly the firm's President and Chief Growth Officer, Bhatt succeeds the firm's co-founder David A. Gupta, who will assume the newly created role of Executive Chairman.

Key Points: 
  • Co-Founder David Gupta Assumes Executive Chairman Role, Focus on Long-Term Customer Engagement
    CHICAGO, March 14, 2023 /PRNewswire/ -- SDI Presence LLC (SDI), the National Minority Supplier Development Council (NMSDC) Corporate Plus-certified IT consultancy and managed services provider (MSP), announced that Hardik Bhatt has been appointed Chief Executive Officer.
  • Formerly the firm's President and Chief Growth Officer, Bhatt succeeds the firm's co-founder David A. Gupta, who will assume the newly created role of Executive Chairman.
  • Prior to joining SDI in June 2021, Bhatt was part of the Amazon Web Services' State & Local Government leadership team and built their Digital Government Startups business.
  • "Hardik brings a combination of public and private sector experience with executive relationships across Cities, States and large corporations," said Gupta, the new Executive Chairman of SDI.

Bitwise Industries Announces $80M Raise Fueling Southside Chicago Expansion

Retrieved on: 
Tuesday, February 28, 2023

FRESNO, Calif., Feb. 28, 2023 /PRNewswire/ -- Today, Bitwise Industries (www.bitwiseindustries.com) announces an $80M investment led by Kapor Center and Motley Fool with participation from the Growth Equity business within Goldman Sachs Asset Management and Citibank. This latest raise from notable institutions will drive economic transformation in the cities Bitwise serves through its Salesforce managed services, DocuSign and Digital Product Development offerings. In addition, Bitwise is announcing its expansion to Chicago's South Side. The Comer Science & Education Foundation has been a critical partner in this expansion resulting in meaningful connections that will support Bitwise's operations and mission. This approach has delivered business value in the form of digital transformation nationwide resulting in unprecedented company growth despite global economic instability.

Key Points: 
  • $80 million investment in Bitwise Industries validates its model for economic transformation.
  • Bitwise Industries has helped support the creation of over 15,000 jobs in just one of its cities.
  • A 6K-square-foot, South Chicago Avenue building will serve as a temporary home to Bitwise Industries' local operation while a permanent space is finalized.
  • We are excited to be partnering with national leaders, such as Bitwise Industries, to help Chicago thrive."

P33 and World Business Chicago Form Coalition to Help Laid-Off Tech Workers with H-1B Visas Find New Jobs in Chicago

Retrieved on: 
Wednesday, January 25, 2023

CHICAGO, Jan. 25, 2023 /PRNewswire/ -- P33 and World Business Chicago, today announced that they have formed the Chicago H-1B Connect Coalition, a united effort to assist current H-1B visa holders who have been impacted by layoffs in the tech industry. Led by P33 and World Business Chicago, the coalition brings together the city's leading civic organizations including the Commercial Club of Chicago, 1871, the Executives' Club of Chicago, the Chicago Chamber of Commerce, the Corporate Coalition of Chicago, and MATTER, along with Fortune 500 corporations and rapidly scaling, well-funded startups to help support and to retain highly skilled and valuable international talent.

Key Points: 
  • Together, World Business Chicago and P33 have launched an employment portal featuring over 900 job openings from over 35 Chicago-based employers already sponsoring H-1B visa holders.
  • Additional Chicago companies are expected to join the campaign, and job listings will continue to be added daily.
  • Despite nationwide layoffs, companies are struggling to fill critical tech roles in Chicago, with the largest demand for software talent.
  • Layoffs.fyi reports that over 157,000 tech workers lost their jobs in 2022, and the tech layoff rate isn't slowing down.

GET Cities Unveils Seed Founder Cohort as a Catalyst for Change in the Tech Industry

Retrieved on: 
Monday, November 14, 2022

CHICAGO, Nov. 14, 2022 /PRNewswire/ -- GET (Gender Equality in Tech) Cities and their Tech Equity Working Group (TEWG) announce the launch of the GET Seed Founder Cohort, co-designed with Chicago-based, women-founded tech startups to raise funds, build connections and amplify their brand(s). This first round of startups include WeSolv, Wave Therapeutics, Stigma, BakIt Box, Cyber Popup, Mycocycle, Co-Created Goods (Formerly This Moment), Neopenda and New Era ADR.

Key Points: 
  • CHICAGO, Nov. 14, 2022 /PRNewswire/ -- GET (Gender Equality in Tech) Cities and their Tech Equity Working Group (TEWG) announce the launch of the GET Seed Founder Cohort, co-designed with Chicago-based, women-founded tech startups to raise funds, build connections and amplify their brand(s).
  • The GET Cities Seed Founder cohort is the first time all of our 17 current member organizations are collaborating to solve one big challenge together.
  • With these initiatives, GET Cities is actively moving the needle toward gender equity in tech at a national scale.
  • GET Cities is looking for national and local partners looking to invest in seed founders or many of our other initiatives around equity in tech.

NACD Chicago Chapter Announces New Board Members, Sponsors

Retrieved on: 
Thursday, July 21, 2022

CHICAGO, July 21, 2022 /PRNewswire-PRWeb/ -- The Chicago Chapter of the National Association of Corporate Directors (NACD) today announced the election of Shermin Kruse and Maria Wynne to its board of directors, as well as two new corporate sponsors, Charles River Associates and Wintrust Financial Corp.

Key Points: 
  • The Chicago Chapter of the National Association of Corporate Directors (NACD) today announced the election of Shermin Kruse and Maria Wynne to its board of directors, as well as two new corporate sponsors, Charles River Associates and Wintrust Financial Corp.
    CHICAGO, July 21, 2022 /PRNewswire-PRWeb/ -- The Chicago Chapter of the National Association of Corporate Directors (NACD) today announced the election of Shermin Kruse and Maria Wynne to its board of directors, as well as two new corporate sponsors, Charles River Associates and Wintrust Financial Corp.
    Wynne, CEO of Leadership Greater Chicago, serves on the board of directors of the Federal Home Loan Bank of Chicago and is president of the Goodman Theatre board.
  • "We are delighted that Shermin and Maria will bring their talents, experience and expertise to our chapter's mission of building boardroom excellence," said NACD Chicago Chair Joan Steel.
  • Wynne is an independent director at Federal Home Loan Bank of Chicago, president of the Goodman Theatre Board of Trustees and treasurer of P33 Chicago, which is focused on driving inclusive global tech and innovation in the Chicago area.
  • The Chicago Chapter, one of the largest chapters within NACD, provides programs that bring awareness, education and networking to director members in the greater Chicago area and neighboring states.