Grantee Profile

World Business Chicago

Grants to World Business Chicago

  • $300,000Active Strategy

    2014 (Duration 2 years)

    Community & Economic Development

    CHICAGO, ILLINOIS — World Business Chicago (WBC) is a not-for-profit economic development organization that fosters private sector growth and jobs by advancing business-friendly environments in the region. Support is provided to WBC to launch the Chicago Regional Export Partnership, led by the seven northeastern Illinois counties and the City of Chicago, to increase exports by small-to-medium enterprises from the Chicago region. The Partnership will identify firms with high export potential and provide them with individualized export market information and analyses, and assist with business plan development to help streamline export opportunities.

  • $450,000Active Strategy

    2012 (Duration 2 years)

    None

    CHICAGO, ILLINOIS — World Business Chicago--Chicago's not-for-profit economic development corporation--enhances Chicago's economy through the growth of the private sector by coordinating the city's business retention and attraction efforts, raising Chicago's profile as a premier global business destination, and serving as a resource for companies. At Mayor Emanuel's request, building on work previously supported by the Foundation, WBC created the Plan for Economic Growth and Jobs, the basis of a coordinated effort to assess the Chicago region's economy and help it expand at a faster rate. World Business Chicago will use this grant to manage the implementation of the Plan's key strategies and maintain and monitor its progress.

The MacArthur Foundation awarded World Business Chicago $750,000 between 2002 and 2014.

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Chicago Uses Crowdfunding to Grow Local Businesses, Create Jobs

World Business Chicago (WBC) and Chicago Mayor Rahm Emanuel have launched Seed Chicago, a collaboration with Kickstarter that will highlight projects that create jobs and economic growth in Chicago’s neighborhoods. More