As Artificial Intelligence continues to advance, robots continue to increase their prevalence across industries and companies of varying sizes, including many startups. Robotics continue to surge in their industrial markets, with a market projection of 71.7 billion dollars by 2023, at a compound annual growth rate of 9.4% over the next 5 years. The increasing availability of low cost and readily implemented robots has increased the non-conventional application of industrial robotics. One sector responsible for the continued increased demand is the use of robotics in startup production and workflow. In this guest post, Irving Wittenbur of DO Supply talks about how robotics can benefit small businesses.
Happy Halloween, all! If you think you're impervious to all of the frights that await you today, think again -- EX3 Labs, an experience design and product innovation studio specializing in mixed/augmented reality, artificial intelligence, and Internet of Thing (IoT) solutions, shares today's guest blog on the seven scares that keep innovation leaders up at night.
The city of Chicago is quickly cementing its reputation as a tech powerhouse in both the United States and throughout the world -- but like many other cities, there is still work to be done when it comes to building a diverse and inclusive workforce. In this post, guest author Linda Darragh, the Larry Levy Executive Director of the Kellogg Innovation & Entrepreneurship Initiative, shares her insights on how we can collectively create, support, and foster a pipeline of diverse and inclusive talent.
Startups and small businesses outsource a number of things: server space, legal services, and accounting are common examples, generally recognized as outside of the business’s core expertise. But when it comes to human resources (HR) management and operations (outside of payroll, of course), founders and business leaders have a tough time wrapping their heads around how outsourcing can help their business succeed. In this guest post, Bob Cerone, CEO of Cognos HR, shares his insight on the hidden opportunities and benefits that HR outsourcing can have for your business as it grows.
In January 2018, 1871 was selected, by the Kauffman Foundation, as one of six entrepreneurial support organizations nationwide to serve as a policy advocate for entrepreneurs. In partnership with the Kauffman Foundation, 1871 is using the grant to fund a three-year program that will convene entrepreneurs, investors, and policymakers in one room to address the issues that are impacting entrepreneurs the most. The program features two policy forums a year in which entrepreneurs, investors, and policymakers will gather to discuss the most relevant challenges facing entrepreneurs. Together, the objective is to find policy-driven solutions and to amplify entrepreneurs’ and investors’ voices in Chicago, Washington D.C. and beyond. Read more about our grant from the Kauffman Foundation here.
Funding is one of the most difficult challenges entrepreneurs face. In most cases, you’re either bootstrapping or asking people for money to invest in your venture. At the third session of 1871’s Groundwork series -- a set of public workshops focusing on foundational topics for newly-minted entrepreneurs -- Tony Wilkins, Sonia Nagar, Andrew Schwartz, and Charlie Connor discussed best practices to secure funding from investors.
An ambitious initiative begun by ANA (All Nippon Airways), Japan’s largest airline, is looking far beyond flight to shatter the barriers of physical transportation and achieve societal benefits. The ANA Avatar XPRIZE, a $10 million competition to create a real-life avatar system, hopes to develop a single platform that would allow individuals to experience and learn from different cultures and travel virtually. In this guest post, ANA discusses how the system would revolutionize the way we connect with each other.
Earlier this month, EX3 Labs -- an experience design and product innovation studio specializing in mixed/augmented reality, artificial intelligence ,and Internet of Thing (IoT) solutions -- launched their podcast series, #UnlockingInnovation, produced in partnership with 1871 Chicago. The goal of the series is to explore the qualities and practices that make the most innovative companies in Chicago successful.
When students graduate from a higher educational establishment, they face another challenge -- securing a job. However, the only thing they have is a degree in their respective field, but it is not enough for some employers. They need a skilled and proficient specialist with a few years of experience in this or that field. In this guest blog post, academic writer Michelle Lambert talks about how you can gain key experience by participating in education startups.
With nearly 2.5 million STEM job openings, it's no wonder that U.S. employers are looking harder than ever to find qualified applicants. One demographic that often gets overlooked is the neurodiverse community -- neurodiverse applicants are individuals who may be on the autism spectrum but are often highly qualified. In this guest post, Rocky Subramanian Midwest Managing Director, SAP North America, shares his thoughts on why it's important to companies should consider hiring neurodiverse applicants and look outside of traditional talent profiles.