Making Entrepreneurs More Successful
The Chicago MIT Enterprise Forum hosts thought provoking and engaging events throughout the year. We work closely with content provided by MIT Technology Review Magazine. We make a concerted effort to help the Chicago area entrepreneurs succeed to build a strong economic base for our community.
Check our calendar for upcoming events
Previous White Board Challenge Winners
What a great event!
Here is the list of our winners. All finalist did a fantastic job
First Place - Ariana Vargas - My Health Sensei
Second Place - Anders Stubkjaer- Bomboard
Third Place- Joseph Sheehan - Wine Kiosk
Creative Ways to Finance your Business
Besides Angel funding and Venture funding what are your options for either financing your new business or helping an existing business grow?
Our panel of experts provided great insights on how you can leverage a variety of financial options to help you fund your business and manage cash flow.
Nicholas J Delgado, Principal at Dignitas
Nicholas works with business owners advising them on growth strategies. He will provide information on how to determine what your options are in regards to short and long term funding and how to leverage your existing networks for tapping into personal introductions for potential funding sources
David Brown, Partner/Attorney at Ungaretti & Harris LLP
David has extensive experience on advising clients on which funding vehicle presents the safest legal model for your business. Crowd funding is great but do you really want 1,000 shareholders? David will help you understand where the risks are and the pros and cons of crowd-funding.
Thomas Stamborski, President Liquid Capital of IL
His company provides strategic financing solutions to business to business companies. His client profile includes new and established companies, sole proprietors to companies with many employees and covers a spectrum of industries including manufacturing, distribution, staffing, transportation and service. Strategies include accounts receivable financing, purchase order financing, including work in process, and inventory financing.
When: April 22nd 5:30-8:00
Where: Civic Opera Building 20 N. Wacker 6th Floor
White Board Improv
Back by popular demand, we will be hosting another White Board Improv Event as a preview to our upcoming White Board Challenge in May.
Where: Civic Opera House 20 N. Wacker Drive 6th Floor Conference Center
When: March 18th
Evening began with Matt Elwell, President of Comedy Sportz and his improv team giving our audience some insights on how to use techniques improvisers use to create ideas. Then we split up into teams to develop a White Board Product/Service idea.
Some "wacky" ideas competed for the most creative and innovative idea with one team member chosen to present the idea in our standard White Board Style.
Dr Daniel DiLorenzo - Medical device entrepreneur and physician-scientist. Inventor of several technologies for the treatment of neurological disease and the founder of several companies which are developing technologies to treat epilepsy and other medical diseases that improve the quality of life of afflicted patients.
John Kennedy - Has been working with the Marines for 7 years to develop a program to reduce casualties combat by improving focus, situational awareness and mental and physical reaction time. The result is a unique training program that uses both analog and digital inputs to improve effectiveness for individuals in all industries.
- Todd Wyder, CEO Pathfinder Software
- Dr. Michael Vasquez, MIT Alum, and 3rd Place Winner White Board Challenge Sports Technology
- Victor Mateevitsi - PhD student, Electronic Visualization Laboratory Univ. of IL Chicago and one of the Fifty For The Future® awardees
The Photos from Our Annual Holiday Party!
Good food, spirits and great company networking!
Thanks to all who attended our holiday party on the 17th.
It was a blast! Shout out to Nancy Kempe for
being the "no" queen. Thanks to all of the volunteers too who helped out.
Here is a must see video from anyone in business and technology. Jason Pontin is the editor-in-chief and publisher of MIT Technology Review.
How to Grow from Nothing to Millions - Lessons from Founders of Barefoot Wine
Bonnie Harvey is the co-founder of Barefoot Cellars and Vice President and “The Original Foot” for 19 years. There she had a wide variety of duties, doing whatever was necessary to operate the business. Bonnie translated her co-founder's ideas into workable processes and displayed a genius for managing the millions of details that come with a start-up. She proved to possess a rare combination of creativity and business savvy that served Barefoot well.
In the early days of the brand, Bonnie was responsible for bottling oversight, supply inventory and label design—in fact, the famous footprint is actually hers! Later as Barefoot grew, she focused on overview and direction of the business, setting company goals, and attending to Board of Director matters.
Michael Houlihan on his business card reads, “Head Stomper,” he officially served as president and CEO for 19 years. Starting with no money and no knowledge of the wine industry, he and Bonnie used out-of-the-box thinking coupled with solid business principles to build a leading national brand. They relied on “worthy cause marketing” instead of conventional advertising to grow a loyal following and promote their favorite causes.
Each attendee also received a copy of their latest book for them to sign!
APPLICATIONS OF 3D PRINTING - The Technology and ROI
The 3D Printing industry is growing rapidly and there are a lot of options for businesses of all kinds to engage with the technology. This talk will focus on how companies can best approach, integrate, and expand 3D Printing technologies to meet their business objectives. It will also discuss availability and sophistication of the printing materials used for the technology. Several case studies will be presented to give those less familiar with the technology a framework of understanding.
Dr. Mike Vasquez is an Additive Manufacturing specialist experienced in pushing the boundaries of advanced 3D printing technology. Currently, Mike advises companies on how to best approach, integrate, and expand the technology to meet their business objectives. Mike completed his PhD at Loughborough University in the UK specializing in Additive Manufacturing and Sports Technology. He received his BS/M.Eng from MIT in Materials Science and Engineering.
Julie Friedman Steele-Co Founder of 3-D Experience. Julie is founder of Meta Space a social enterprise ecosystem. Julie spends a great deal of time speaking on the topic of 3-D printing and will be prepared to provide our audience with first hand experience on the different types of 3-D printing projects she has been directly involved in.
INTELLECTUAL PROPERTY BOOT CAMP FOR EARLY STAGE COMPANIES
Our evening began with a new networking activity for those of you seeking out mentoring and informal business advice. This is an ongoing activity for those that seek the knowledge of our members who are more seasoned in regards to:
*Setting up your business technology
*and more .....
During our panel presentation, attendees learned about the various types of IP (including copyright, trademark, trade secrets, and patents), fundamental differences among them, and practices likely to be of greatest value to young and growing companies. There was also a discussion of major recent IP developments and cost approximations for several IP-protection techniques.
Martin Robins is a partner with the Chicago office of the national business law firm FisherBroyles LLP and is a graduate of Harvard Law School (cum laude) and the Wharton School of the University of Pennsylvania (summa cum laude). He has practiced law for 33 years in both the in-house and law firm environments. His practice emphasizes corporate and intellectual property.
During his career, Mr. Robins has worked on thousands of transactions involving IP and software licensing, consulting, equipment leasing, financing. M&A and general commercial contracts (customer/supplier) and has counseled hundreds of clients of all sizes in a wide variety of industries as to compliance with a wide range of obligations, particularly emerging requirements regarding privacy and information security. His representations have encompassed all sides of transactions.
Mr. Robins has taught as an Adjunct Professor at Northwestern University Law School in 2009 (Contracts), and, since 2005, at DePaul University College of Law, where he developed and teaches “Intellectual Property for Corporate Transactional Lawyers” - a course emphasizing the IP issues confronted by start-up and other small businesses.
Alan Wernick partner in the Chicago office of the national business law firm FisherBroyles, LLP. His law practice since 1982 has focused on providing sensible and tactical legal advice to clients on significant information technology, electronic commerce, intellectual property, and data privacy/security transactions, as well as dispute management and resolution. Mr. Wernick’s experience includes practically every type of information technology contract and transaction. He serves as a counselor and advocate for his clients in the management and resolution of a wide range of legal disputes, including analysis of potential risks, dispute avoidance, negotiation of settlements, and guidance through litigation, appeals, and the arbitration/mediation processes.
The people who join MIT Enterprise Forum-Chicago are those who are interested in entrepreneurship, innovation, and meeting other people.
You do not need to be an alumnus of MIT to become a member or attend our events.
Discounted membership available to matriculating students and active members of the MIT Club of Chicago.
Membership is vital to our ability to host informative forums. A few of the key benefits for active members are:
- Attend our events at a discounted rate (often for free).
- Advance signup privileges for high demand programs.
- Special invitations from our partners for other events.
- A full 12-month membership, beginning the day you join.
- Cost is low -- $130 for the first year and $110 per year thereafter for renewals.
MITEF - Chicago Chapter
The chapter organizes one or more current interest programs each month, usually on the 3rd Tuesday, from September through June. Programs range from panel discussions through business plan competitions.
Monthly meetings typically include:
- Hour-long networking starting at 5:30.
- Featured program from 6:30 to 8:00.
- Post-event mixology session at the nearest bar.
Member volunteers make our programs possible.
Send an email to our Volunteer Chair: firstname.lastname@example.org
Our thanks to Emmi Solutions
for their generous support.