Wednesday, November 04, 2015

NEW INC. MAGAZINE BLOG POST BY 1871 CEO HOWARD TULLMAN

READ THE WHOLE PIECE HERE: http://www.inc.com/howard-tullman/silicon-wadi-debunks-the-myth-of-the-startup.html

READ THE WHOLE PIECE HERE: http://www.inc.com/howard-tullman/silicon-wadi-debunks-the-myth-of-the-startup.html

1871 RANKS 1st IN UNITED STATES IN STUDY OF NORTH AMERICAN BUSINESS INCUBATORS


November 3, 2015


 
1871 RANKS 1st IN UNITED STATES IN STUDY OF NORTH AMERICAN BUSINESS INCUBATORS
UBI Global Names 1871 One Of The Top University-Affiliated Business Incubators In North America Following Its Survey Of Over 400 Incubators Across 70 Countries

TORONTO (November 3, 2015) — 1871 ranked 1st in the United States and 2nd in North America in the UBI Global list of Top University-Affiliated Business Incubators during the 2015 UBI Global benchmarking conference and award ceremony for North America. UBI Global utilizes an international research team that analyzes business incubators based on a wide range of factors, including their value to members and overall economic impact. Last year, 1871 was ranked 9th in the world on the list of Top University-Associated Business Incubators. UBI Global will announce its global rankings later this year. 1871 CEO Howard A. Tullman traveled to Toronto today to receive the recognition and share 1871’s progress.

“The UBI Global ranking confirms that 1871 continues to be a leader in its support of innovation and the entrepreneurial community,” said 1871 CEO Howard A. Tullman. “By offering hundreds of member companies the best educational resources, individualized programming, mentorship from top industry leaders, and access to potential investors, 1871 works to make a real, positive impact on Chicago’s economy by helping entrepreneurs develop successful technology businesses.”

As a university-affiliated incubator, 1871 maintains close partnerships with top universities in Chicago and around the world. Northwestern University, University of Chicago, University of Illinois, Loyola University Chicago, DeVry University and Illinois Institute of Technology all have dedicated spaces at 1871 where students and faculty come to work on their businesses and immerse themselves in Chicago’s entrepreneurial community.

With over 400 participants who were specifically assessed, the information in UBI Global’s rankings helps incubator managers from around the world successfully run their programs by allowing them to see areas requiring improvement for their specific business models, ways of effectively utilizing operational budgets, and strategies to attract a new client base. Additionally, the rankings can aid governments, investors and early-stage companies to see where the top incubators are for industries.

“1871 is a top performing business incubator in the North American region,” said Director of Research and Co-Founder of UBI Global Dhruv Bhatli. “It performs exceptionally well on value for client indicators. Additionally, it strongly contributes to the growth of the local economy by catalyzing job creation. 1871 provides high-quality incubation services to its client startups, particularly on access to fund and access to network indicators. Based on UBI Global assessment of 1871’s performance, we recommend it to all future entrepreneurs in the region.”

UBI Global’s North American benchmarking conference and awards ceremony highlighted best practices, hands-on-tools, analyses and success stories. It featured inspiring presentations that allowed those who attended to network, learn from each other and improve performance in order to enhance economic transformation and local, regional and national development. 1871 CEO Howard Tullman joined the conference for a panel discussion on global incubation models.

“When Sente brings international startups to the United States with our international startup accelerator, we know that they will have a first-rate experience because of their time at 1871,” said Sente Advisory founder Serhat Cicekoglu. “We congratulate 1871 on another year of ranking as a top incubator.”

About 1871
1871 is the home of more than 325 early-stage, high-growth digital startups. Located in The Merchandise Mart, this 75,000 square foot facility is also the headquarters of nationally recognized accelerators, Techstars Chicago and Impact Engine; half a dozen industry-specific incubators in key areas such as real estate, education technology, food and financial technology; several emerging tech talent schools (Flatiron, The Fullbridge Program, Designation and the Startup Institute), and the state's leading technology advocate, the Illinois Science and Technology Coalition. It is the second home to Chicago-based VCs, Pritzker Group Venture Capital, MATH Venture Partners, Hyde Park Angels, OCA Ventures, OurCrowd and Chicago Ventures, as well as satellite offices for Northwestern University, University of Illinois, University of Chicago, Loyola University Chicago, Illinois Institute of Technology, and DeVry. 1871 has fast become recognized as the hub for the city’s entrepreneurial/technology ecosystem and has been featured in Inc. Magazine, TechCrunch, The Wall Street Journal, The New York Times, Chicago Tribune and Crain’s Chicago Business among other top media. 1871 is the flagship project of the Chicagoland Entrepreneurial Center.

About UBI Global
Based in Stockholm, Sweden, and with an international research team, including founders Ali Amin, Dhruv Bhatli, Joel Eriksson Enquist and Lars Henrik Friis Molin, UBI Index is a thought leader in performance analysis of business incubators around the world. It helps business incubators become more efficient and competitive through a comprehensive benchmark where more than 400 incubators in over 70 countries participate. TechStars London Director, Jonathan Bradford, Chief Strategy Officer at Vinnova, Kjell Håkan Närfelt, and Paolo Borella, Director, Microsoft Nokia App Campus form part of the official UBI Index advisors.


Monday, November 02, 2015

Boosting the ranks of blacks in tech

Boosting the ranks of blacks in tech

JOHN PLETZ ON TECH

If you think there aren't many female tech entrepreneurs and coders, there are far fewer African-Americans.
In the heart of Silicon Valley, giants such as Google and Facebook report about 1 percent of their tech staffs are African-American. Apple tops the list at 7 percent of its tech staff. By contrast, the same companies report 15 percent to 22 percent women in technology jobs. (Hispanics are about 3 percent.)
But Dominic Liddell, Thomas Stovall and Fabian Elliott are trying to improve the odds in Chicago.
Liddell leads Coding While Black, a nonprofit that aims to teach more African-Americans to code and help them get tech jobs. Stovall, CEO of Chicago startup Candid Cup, also organized BlackInTech, a series of seminars and panel discussions to help more entrepreneurs get in the game and find help launching their companies. Both recently held gatherings at 1871 that drew 75 to 100 people.
Elliott, a Google marketer, leads Black Tech Mecca, which is building a network to connect the disparate elements of the black tech ecosystem in Chicago and increase the amount of talent in the local tech economy. It's holding a hackathon at 1871 next week.
Neither Liddell nor Stovall know how many African-American entrepreneurs and technologists there are in Chicago. But after more than a year of meetings and events, “it's much larger than I realized,” Stovall said during an Oct. 7 entrepreneur event at 1871 that attracted more than 100 people. He says the group's three events have been sold out. He's gathering input here.
One of the biggest challenges is many entrepreneurs and coders are not connected with their peers because the networks don't exist. That was a common lament about the broader Chicago tech community that helped lead to 1871 and Built In Chicago.
Although meetings seem like baby steps, they're crucial, Stovall says. “It opens up people's minds to what tech looks like.”
TECH AS A CAREER
Liddell can relate. The 33-year-old grew up in Lawndale and went to Northern Illinois University, where he studied early childhood education and psychology.
“I had been coding since I was 11,” he says. “But I didn't see tech as a career. It was a hobby.”
He taught preschool before he found his way back to tech, attending I.C. Stars, launching his own web-development business and teaching others to code at a bootcamp. He's running Coding While Black from 1871.
It started as a meetup group, but now it's taken on a bigger mission of teaching people to code. In addition to monthly “Open Code Saturday” sessions where people can collaborate in coding classes and on particular tech problems they're having with a business or product, Liddell wants to launch a one-year fellowship program that will teach 10 to 20 people how to code and give them experience working on real products for customers.
He wants to offer students a stipend so they can afford to participate, but it will be a part-time program, because he figures students will still have to work to support themselves.
“This is a good time to turn the conversation from highlighting the issue to working toward a solution,” Liddell said.


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