Home Knowledge Base Research Chicago technology forecast reveals patches of electrifying at #techweekCHI

Chicago technology forecast reveals patches of electrifying at #techweekCHI

Midwest moving & shaking

Earlier this week, Technorati contributing writer, Jeff Barrett, reported on the forces driving investment and resuscitation of, economy devastated Detroit, Michigan. And surveying Techweek, Chicago for the past few days, technology is clearly breathing new life into the entire region.

ChicagoReport1b

The 2013 Chicago startup report, released by Built In Chicago, indicates the city’s digital ecosystem is exceeding growth expectations: over $1 billion was raised in 2013, a 169 percent increase over 2012.

In total, 78 Chicago tech companies each did their part and raised $1 million or more in capital in a region of the country not normally known for startup growth. And the world is taking notice as signified by the 70 VC firms outside of Chicago investing in local companies in 2013.

ChicagoReport2

Here’s a social snapshot of what’s driving it all.

Startup incubation

Community & charity focused solutions

Monika Rydz   Mobile Uploads

Entrepreneurship & mentorship

Fail fast2

TradeMONSTER: Lessons on how to be a winning Chicago startup [click for SlideShare]

True tech culture

As cleverly noted in ChicagoInno‘s piece on the industry’s stereotypes and cliches we San Francisco and Silicon Valley techies are partly responsible for.

Like wearing a blazer over your t-shirt.

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  • http://lachongcorp.vn/ Tran Van

    This tech community is good