Israeli Companies will Use 1871 as Home Base in Chicago as They Prepare to Enter U.S. Market; 10-Day Intensive Program Welcomes Startups from Tel Aviv University’s Management of Technology, Innovation and Entrepreneurship (MoTIE) Program

Even though they’re learning the ins and outs of tech and business building while classes are out, Chicago students have had anything but a summer school experience at 1871 this summer. We welcomed students from both Rêve Academy and CoderSpace for a pair of innovative programs aimed at increasing opportunities in tech for young students and positively impacting communities.

1871 is like the Hotel California: You check in, but you never leave. Even as a company gets its own offices or a member receives an opportunity elsewhere, you're forever tied to the 1871 ecosystem. No partner embodies this more than Designation, 1871's resident UI/UX bootcamp. 

On August 9, 1871 joined more than 75 tech hubs around the world in partnership with 1776 for the Challenge Cup, a global pitching competition where startups pitch world-changing ideas to solve meaningful problems.

1871 and the Young Entrepreneurs Academy Chicago (YEA! Chicago) announced Wednesday that YEA! Chicago will host three years of future cohorts at 1871, bringing young women to the incubator regularly for the 21-week programs which will begin in October.

On August 3, 1871 hosted a company showcase as a part of ThinkChicago, the city's initiative to attract newly graduated talent from all over the U.S. to the booming Chicago tech scene. Over 200 students converged in downtown to visit tech offices, hear keynotes, and meet companies. Their last stop? Lollapalooza.

On August 1, 2017, Howard A. Tullman, CEO of the Chicagoland Entrepreneurial Center (CEC) and 1871, announced his intention to step down as CEO of 1871 and CEC at the end of 2017. Additionally, CEC board chairman Jim O’Connor, Jr. has also announced his intention to step down from his position as board chair at the end of 2018. 

Meet the fifth cohort of WiSTEM: A diverse set of entrepreneurs from a variety of industries beginning the accelerator program at 1871 July 18. The 13 companies will be participating in mentorship, workshops and tailored curriculum at 1871 for 12 weeks leading up to a showcase event in the fall. 

The pet care industry is valued at more than $70 billion dollars, and increasingly, tech- enabled companies are creating new, innovative ways to care for the furry friends we love. From financial solutions to medical care to education, Chicago pet care startups have created a unique community committed to changing the industry. 

1871 announced Friday the release of its 2016 Annual Report and a separate, voluntary disclosure of its financial performance in Fiscal Year 2016, which included nearly $600,000 in net operating income and about $7.5 million in revenue for the year.