We leverage UChicago’s financial resources and expertise to foster entrepreneurship and create economic opportunities for community residents and local businesses.
UChicago builds strong economic partnerships throughout our communities. As the largest employer on the South Side, we are committed to making a strong contribution to the South Side's prosperity by working in partnership with small businesses and community organizations in our surrounding neighborhoods to connect people with jobs and contracting opportunities, both here at the University and throughout our network of vendors.
We support local small business owners and entrepreneurs through faculty- and student-led workshops and programs that help them to launch and grow. We also partner on workforce development initiatives that help individuals build the skills that employers value most.
Through investments in community health, education, business and workforce development, public safety, economic development, and arts and cultural enrichment, we are building broad, enduring partnerships with our South Side neighbors.
IMPACT that Endures
Chicago’s first leadership development program specifically for African American professionals, created in partnership with Chicago Booth, is training the next generation of civic and corporate leaders.
Why the pandemic hits Black, Hispanic household finances harder
A recent paper by University of Chicago economists shows that income shocks—sudden but temporary reductions in income—affect Black and Hispanic households more strongly than their white counterparts, as a result of the persistent racial and ethnic wealth gap in the United States.
Poised for Growth: Harris Policy Labs students help uncover opportunities for investment on Chicago’s West Side
A team of students from UChicago’s Harris School of Public Policy recently worked with local stakeholders on a project aimed at showing potential investors how they can achieve strong returns while catalyzing economic and social impact.
13th Flow Fitness Studio
Akinwale is the owner of 13th Flow fitness studio, one of 182 small businesses to receive a COVID-19 small business bridge grant from the University of Chicago.