Launch of Chicago Connectory, an IoT Innovation Co-Creation Space

 The Chicago Connectory, an Internet of Things (IoT) innovation space in the historic Merchandise Mart, launches today as a new center for IoT co-creation in Chicago and the Midwest United States. Startup organizations, corporations and universities will collaborate at the Chicago Connectory through membership, programming and strategic partnerships to create IoT solutions and business models.

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At the end of March, 1871 CEO Howard Tullman and I had the great opportunity to join 100 other entrepreneurial ecosystem builders in Washington, DC for the Rise of the Rise Conference, powered by Revolution Ventures and Steve Case.  The goal of the conference was to share best practices from various entrepreneurial hubs from the “rest” of the country (not California, New York and Massachusetts, which receive 80% of the total venture capital dollars in this country). 

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1871 and the Illinois Hispanic Chamber of Commerce (IHCC) announced Thursday that their joint incubator program has opened applications for its second cohort, which is set to begin at 1871 in May 2017. The new cohort members will be following the 10 startups that successfully graduated on March 1 from the inaugural cohort. The incubator’s current title sponsor is PNC Illinois, whose sponsorship facilitates the resources to make the program a success.

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