05/03/2019

Polsky Small Business Growth Program

Small Business Growth Program infographic

Geared explicitly to minority-owned, women-owned, and veteran-owned businesses, the Polsky Small Business Growth Program works with South and West Side entrepreneurs to help them increase revenue and sales, pursue expansion, overcome obstacles to pre-qualifying for capital and develop marketing strategies. Since 2017, the initiative has benefited 30 companies.

A joint initiative of the Polsky Center and UChicago Local, the 11-week program is funded by JPMorgan Chase’s Ascend 2020 initiative.  Student teams, supervised by Chicago Booth faculty, consult the businesses, leading them to create seven new jobs, generate approximately $700,000 in new revenue, and attract approximately $600,000 in outside investment. The majority of participating businesses have been minority- and/or women-owned.

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