The Polsky Center for Entrepreneurship and Innovation recently hosted Incorporation/Organization Day, a first-of-its-kind event in Chicago that connected West and South Side entrepreneurs with attorneys from local law firms to discuss the process of establishing a legal business entity.
Approximately 50 entrepreneurs attended the event, representing business ventures that ranged from consulting firms and hair salons to restaurants and staffing agencies, and everything in between.
During the event, entrepreneurs were matched with a lawyer who met with them one-on-one to advise them on entity choice. The attorneys then helped business owners who were ready to move forward prepare incorporation or organization filings for the Illinois Secretary of State or Delaware Division of Corporations.
“Access to legal services consistently ranks as one of the top issues for underserved entrepreneurs,” said Abigail Ingram, executive director of the Polsky Center and lead organizer of the event. “Incorporation/Organization Day connected local entrepreneurs who have not yet engaged an attorney or may be unsure of how to engage an attorney with representatives from some of Chicago’s top law firms to receive consultations and assistance with starting an official business entity.”
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This story was first published by UChicago's Polsky Center for Entrepreneurship and Innovation.