| Proposed Urban Innovation Center (Architectural Rendering)
Historic Camp Douglas Site
3232 South King Drive, Chicago |
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Black Metropolis Technology Commission will convene to prioritize Technology Innovation projects for its T3 Innovation Cluster
Tourism, Technology and Transportation
Dear Paula,
The Black Metropolis Technology Commission (BMTC) will to host an "in-studio" session on September 30th to prioritize technology-related projects that are currently being developed in the Urban Innovation Center and review its funding plan to secure federal Broadband Funding and attract other sources of funds. The BMTC will looking into a long term infrastructure solution for technology entrepreneurs - both for new businesses and expanding businesses - in our community.
- Black Metropolis Technology Commission In-Studio Planning Session
Thursday, September 30, 2010
MPEA Learning Center
301 East Cermak
Chicago, IL
10:00 am to 2:00 pm
The session is the culmination of a series of city and state technology
workshops and events that all BMTC Advisors have been asked to atend or participate on-line to help inform the process:
- Illinois Broadband Deployment Council, an organization formed to improve high-speed Internet access for all Illinois residents.
Monday, September 27, from 5:30 p.m. to 7:30 p.m., the Partnership for a Connected Illinois will host a reception, also at the Lincoln Library.
Tuesday, September 28, from 10:00 a.m. until 12:00 Noon, in the Abraham Lincoln Presidential Library.
BMTC hopes to have representatives that will attend both the meeting and the reception. Broadband IL Reception |
| In-Studio Tech Projects: (Funding Targets)
- Urban Innovation Center: Information Tech Pavilion (Social Innovation Fund, Recovery Zone Bond)
- Bronzeville CTC at UIC: Career Tech Training Center, Tourism Call Center (US Travel & Promotion Act)
- CTC Shared Space: Green Jobs Training, (IL 21st Century Workforce Development Fund)
- Bronzeville Commons: Digital Neighborhood Information Network (CCT, Knight Foundation)
- State Street Industrial Technology Corridor (TIGER ll, CDBG)
- Bronzeville Tech Quad (Michael Reese TIF)
- Heritage Entertainment Zones: Business Support (TechAdvantage)
- Overton Building Technology Hub (SBA)
- Apps: CTA tracker, NHA, tours etc. (TIGER II)
- Great Migration Trail (IDOT/ITEP)
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September 8, 2010 Governor Quinn Announces $100 Million in High-Tech Infrastructure Investment Project will Create More Than 650 Jobs; Bring Broadband to Underserved Schools, Hospitals and Businesses
August 31, 2010
Mayor Richard M. Daley came together with Chicago's technology leaders, pledging their continued commitment to making Chicago the top destination for technology business. At a press conference at the home to many of Chicago's recent technology successes, the Mayor announced the creation of the Mayor's Committee on Technology Infrastructure. The committee will focus on how the City can continue to meet the space needs of the next generation of technology-based companies and entrepreneurs.
The press conference was held at 600 West Chicago ("600 West"), the former Montgomery Ward's catalog warehouse - one of the country's most successful mixed-use redevelopment projects and current headquarters to Groupon, one of the world's fastest growing companies. Daley called 600 West "a thriving example of how government can support the technology industry in a way that improves the quality of life for every resident of Chicago."
In 2003, the
City invested $28 million in Tax Increment Financing (TIF) funding to help redevelop the building, which is almost full to capacity. "Our investment has created a home for thousands of new jobs and has helped shine a national spotlight on Chicago as a technology leader," Daley said. "We have accomplished a lot here, but there's much more to do."
"As we carry out our long-term strategy to create new jobs throughout Chicago and build an even more modern and diverse economy, we must continue to target emerging business sectors that will be the foundation of economic opportunity in the 21st century," Daley said. "The fast-growing technology field is an essential part of our plan to make Chicago the most competitive destination in the world for new businesses and new jobs," the Mayor said.
The Mayor's Committee on Technology Infrastructure is composed of leaders of the tech community. Its job is to offer specific short- and long-term suggestions on how
to meet the explosive and unique space needs of this industry. The Committee will look at locations and spaces all around Chicago and suggest how the City can help create another success story like 600 West, Daley said. The Mayor was joined at the news conference by officials of highly successful companies housed at "600 West": Brad Keywell, and Eric Lefkofsky, co-founders, Groupon and Lightbank; Andrew Mason, Founder and Chief Executive Officer, Groupon; Chuck Whitman, Chief Executive Officer, Infinium Capital Management; Tom Sossnoff, Founder, Think or Swim.
Groupon is the successful group buying website started in Chicago in November of 2008. Forbes Magazine recently named Groupon the "fastest growing company ever." Groupon has attracted more than 13 million subscribers, expanded its presence to 85 North American markets, in addition to 29 countries, and has hired more than 1200 people in just 18 months.
Lightbank, a $100M early-stage tech
investment fund, and its founders have started seven companies that employ more than 3,000 people in over 40 offices and generate more than $1 billion in annual revenue. Infinium is one of the world's leading financial tech services firms. Think or Swim is a leader in developing technology based investment education services.
"We take great pride in our ongoing efforts to make Chicago a prominent, growing technology sector and we are honored by Mayor Daley's mutual enthusiasm in this evolution," said Eric Lefkofsky. "600 West is a triumphant example of the entrepreneurial spirit of our City that we believe can be expanded with continued support such as the creation of the Mayor's Committee on Technology Infrastructure."
The backbone of the tech community is already in the city:
Chicago is home to 50+ publicly traded tech companies and 199 of Inc. Magazine's 5,000 Fastest Growing Companies in 2010.
Chicago is home to more than 275,000 high-tech employees of more than 24,000 employers.
Last year, high tech sectors contributed $56 billion to Chicago's economy and it is projected that high-tech employment will add 40,000 jobs in Chicago over the next five years.
"A secure future won't happen by accident. We have to plan for it - which we're doing," Daley said. "We made the investment in 600 West because we know we must support visionaries - such as Groupon and Lightbank - who can identify opportunities and take risks to develop new processes, design new products and open new markets."
The Mayor pointed out the City has supported technology growth in other projects, as well. At the Lakeside Technology Center, 350 E. Cermak Rd., the City provided $4.5 million in support of a million-square foot data hub that's the nerve center for Chicago's commodity markets. The building is near maximum capacity. At Illinois Institute of Technology, the City contributed $13.4 million in TIF funding to help create a tech park on campus designed to attract broad spectrum of tech firms, including bio, medical research, software, and manufacturing.
"I believe the startling success of Groupon is the result of a new
generation of mentorship, collaboration and early-stage investment capital emerging in Chicago. This momentum is allowing the city's tech startups to thrive and it's bringing a new wave of talent and energy to the City," Daley said. "Now our job is to take our encouragement and support for innovation and entrepreneurship to the next level. By creating the Mayor's Committee on Technology Infrastructure, we are doing just that," he said.
August 19, 2010
Governor Quinn Announces More Than $106 Million in Federal Awards for Broadband Infrastructure
Four Public-Private Technology Projects will Create 600 Jobs
August 18, 2010 Vice President Biden Announces Recovery Act Investments in Broadband Projects to Bring Jobs, Economic Opportunity to Communities Nationwide
July 30, 2010 Mayor Daley Announces City Has Received $21.7 Million in Federal Funds and Matching Grants to Close "Digital Divide" in Neighborhoods
Funding Will Bring 21st Century Technology to Residents and Small Businesses in Underserved Communities
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Follow the Broadband Funding in Illinois
Illinois Grantees:
- $22,534,776 Board of Trustees of the University of Illinois
Infrastructure
- $11,864,164 DeKalb County Government
Sustainable Adoption
- $7,074,369 City of Chicago
Sustainable Adoption
- $28,519,482 One Economy Corporation
Infrastructure
- $62,540,162 University Corporation for Advanced Internet Development
Sustainable Adoption
- $14,988,657 Communication Service for the Deaf, Inc.
Public Computer Centers
- $8,974,283 City of Chicago
Infrastructure
- $31,515,253 Delta Communications, dba Clearwave Communications
Infrastructure
- $61,895,282 Illinois Department of Central Management Services
Broadband Data & Development
- $1,845,511 The Partnership for a Connected Illinois
NTIA IIlinois Grantees | |
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Bruce Montgomery Appointed to Board of Directors of Partnership for a Connected Illinois
Bruce Montgomery, President of Montgomery & Company, Inc. and Executive Producer/Host of Technology Access Television, has been named to the Board of Directors of the Partnership for a Connected Illinois, Inc., a nonprofit organization newly formed to carry out the mandate of the High Speed Internet Services and Information Technology Act, which is to provide the benefits of high-speed broadband Internet access throughout Illinois.
The mission of the Partnership for a Connected Illinois will be to implement a comprehensive, statewide Internet deployment strategy with the purpose of
(1) ensuring that all State residents and businesses have access to affordable and reliable high-speed Internet service;
(2) achieving improved technology literacy, increased computer ownership, and high-speed Internet use among State residents and businesses;
(3) establishing and empowering
local technology planning teams in each county to plan for improved technology use across multiple community sectors; and
(4) establishing and sustaining an environment ripe for high-speed Internet access and technology investment statewide.
The Partnership for a Connected Illinois will have a $4 million appropriation, which may be matched by federal funds, to pursue these goals.
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This email was sent to paul...@aol.com by bronzev...@aol.com.
Bronzeville Community Development Partnership | 3473 South King Drive | Chicago | IL | 60653
