Annual Report
2014
1
TABLE OF CONTENTS
4. LETTER FROM THE CHAIRMAN
5. LETTER FROM THE VICE CHAIRMAN, AND PRESIDENT & CEO
6.RESULTS
8. TEN TRANSFORMATIVE STRATEGIES
10. RECENT WINS
22. NEW AND EXPANDING COMPANIES
24. GLOBAL REACH
30. CHICAGO SISTER CITIES INTERNATIONAL
34.INNOVATION
44.MILESTONES
56. BOARD ACKNOWLEDGEMENTS
60.FINANCIALS
62. PHOTO CREDITS
63.SOCIAL
64.MISSION
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3
L E T T ER FR O M T HE C HA I R M A N
LE T TER FR OM TH E VICE CH AIR MAN , AN D PRE SI D E N T & C E O
MAYOR RAH M EMA NU EL
MI C H A E L SA C K S A N D J E F F MA L E H OR N
Four years ago World Business Chicago was a key partner
Over the last year, WBC has helped push forward a number
For World Business Chicago, 2014 was filled with significant
that are truly impacting the region, including the Digital
in developing the Plan for Economic Growth and Jobs,
of successful projects that are creating jobs and stimulating
milestones that will impact the city’s economy for years to
Manufacturing and Design Innovation Institute, Supply
our forward-looking strategy to chart Chicago’s economic
economic growth in our city; encouraging Chicago’s leading
come. We saw an increase in companies choosing to locate
Chain Innovation Network of Chicago, Metro Chicago
future. Since launching the Plan, 32 businesses have
institutions to support small business growth in their
or expand in Chicago, bringing thousands of jobs to the city.
Exports, 1000 Jobs for Chicagoland Manufacturing, Chicago
located their headquarters in Chicago, more than 73,000
neighborhoods; and managing an unprecedented regional
new jobs have been created, and for the second year
collaboration to help small and medium businesses capture
Under the framework of Chicago’s Plan for Economic
in a row our city was named number one for corporate
new export opportunities in markets around the world.
Growth and Jobs, WBC continued to drive growth across
You’ll find these highlights and more in the pages ahead,
relocations and expansions. This is a testament to the
Several of those companies’ stories are on the following
the city’s neighborhoods. On the global front, WBC helped
which showcase how WBC’s Plan for Economic Growth
strength of Chicago’s economy and our continuing efforts
pages.
strengthen international relationships including unique
and Jobs is driving development throughout the region.
partnerships with business and government leaders in
Our efforts would not be possible were it not for Mayor
I invite you to read about the impact WBC is making and join
China and Mexico. And Chicago Sister Cities International
Emanuel’s commitment, and our board’s dedication, to
in as we continue to grow Chicago’s economy, bringing new
(CSCI) welcomed 27 international delegation visits and
the city’s growth. We will continue to advance Chicago’s
businesses and new jobs to this great city.
hosted 118 events, exchanges and programs.
position as a premier location for business in the years
to enhance the city’s competitiveness in the 21st century
economy.
World Business Chicago has been critical in bringing new
Anchors for a Strong Economy, and Capital Access Centers.
businesses to Chicago and driving programs that create
to come.
jobs for residents in neighborhoods across the city.
Sincerely,
In the innovation sphere, we hosted more than 100 of the
nation’s most influential venture capitalists at the first
annual Chicago Venture Summit. We also invited 250
Sincerely,
students of technology, innovation and entrepreneurship
Rahm Emanuel
from the country’s top universities to explore the city’s
Mayor, City of Chicago
vibrant innovation ecosystem for ThinkChicago. And, we
showcased the city’s technology, music, and film industries,
Michael J. Sacks
Jeff Malehorn
demonstrating that Chicago is an ideal location to start a
VICE CHAIRMAN
President & CEO
business, during South by Southwest in Austin, TX with our
ChicagoMade initiative.
WBC achieved many milestones in 2014, with initiatives
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5
Results
Chicago was ranked “Top Metro” for corporate investment in 2014,
with more new or expanded facilities than any other metropolitan
area in the nation. Contributing to this increase in development was
World Business Chicago’s enhanced effort to strategically leverage
Chicago’s competitive advantages for business attraction.
WBC’s Plan for Economic Growth and Jobs provides a rigorous
analysis of the levers that drive the region’s growth, with clear goals,
a framework for analysis, and strategies based upon Chicago’s unique
assets. While the first two years of the Plan implementation were
focused on staffing and ramp-up, 2014 saw the launch of a number of
exciting initiatives.
Increasing the city’s attractiveness as a location for business growth
is a priority strategy of the Plan. WBC recorded more projects
in 2014 than ever before in a single year. In a year of continued
economic recovery, Chicago posted the biggest year-over-year drop in
unemployment rate of the largest U.S. cities in 6 out of 12 months.
6
Refers to data (where disclosed) for new and expanding companies with a physical address in the 14-county Chicago
region that meet at least one of these criteria: $1M investment, net gain of 20,000 sq ft, net gain of 20 FTE jobs, headquarters facility, and/or WBC involvement in expansion. WBC captures project information from media outlets, press releases, company websites, subscription services and WBC internal reporting; the quality of each record depends on the
availability of data and resources to input and confirm information. Data is finalized in the first quarter of the following
year to allow for the time lag in project reporting; year-to-date numbers are subject to revision and addition of projects.
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10 TR ANS FO R MAT I V E ST R ATEGI ES
TO D RIV E ECONOMIC GR OW TH IN T HE C HIC AGO REGIO N
Excel as a leading advanced manufacturing hub
Enhance attractiveness as a center for business services and headquarters
Boost competitiveness as a national leader in transportation and logistics
Brand Chicago a premier destination for tourism and entertainment
Make Chicago a national leader in exports
Create demand-driven and targeted workforce development
Support innovation and entrepreneurship in emerging and mature sectors
Invest to create next-generation infrastructure
Develop and deploy neighborhood assets to align with regional growth
Kenosha (11)
WBC’s outreach in 2014 helped
contribute to an increase in
companies choosing to expand
and locate in Chicago.
McHenry (5)
In 2014, WBC:
–– Worked with more
than 1,500 firms
–– Grew staff to 35
full-time employees
–– Added 13 new board members
from a diverse mix of sectors
–– Responded to more than 200
requests for information
–– Presented to more
than 10,000 people
–– Launched a series of major
initiatives in strategic
alignment with the Plan for
Economic Growth and Jobs
WBC continued its presence at key
trade shows and special events
with an estimated total attendance
of over 150,000, including:
––
––
––
––
––
––
AdvaMed
IMTS
World Routes Show
BIO2014
South by Southwest (SXSW)
Forbes Reinventing
America Summit
–– WEF Water Summit,
and many more
624 Projects
105
Cook (385)
DeKalb (1)
Headquarters
Facilities
Chicago (263)
Kane (34)
DuPage (85)
Kendall (1)
Porter (6)
Will (48)
Lake (13)
Grundy (4)
Newton (0)
Refers to data (where disclosed) for new and expanding companies with
a physical address in the 14-county Chicago region that meet at least one
of these criteria: $1M investment, net gain of 20,000 sq ft, net gain of 20
FTE jobs, headquarters facility, and/or WBC involvement in expansion. WBC
captures project information from media outlets, press releases, company
websites, subscription services and WBC internal reporting; the quality of
each record depends on the availability of data and resources to input and
confirm information. Data is finalized in the first quarter of the following
year to allow for the time lag in project reporting; year-to-date numbers are
subject to revision and addition of projects.
Create a business environment in which companies can flourish
8
Lake (30)
9
Jasper (1)
Recent Wins
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AD M
BR AINTR EE
“When we considered where to locate our
new global headquarters, we looked at
several cities, and Chicago represented
the best opportunity for ADM to continue
our growth.”
Patricia Woertz - Chairman and CEO, ADM
The nearly 45,000-square-foot space
located on the 46th and 47th floors at 77
W. Wacker Drive will house approximately
70 employees with room for growth and
a state-of-the-art customer center that
includes a culinary showroom for ADM’s
innovative food ingredients. ADM is one
of 31 Fortune 500 headquarters in the
Chicago area.
Braintree, the fast-growing global
payments platform acquired by eBay,
opened a new 65,000-square-foot
headquarters on the eighth floor of the
Merchandise Mart. The company is
expected to create 360 new full-time jobs,
more than doubling its staff in the next
three years. Chicago saw $8 billion in
acquisitions and IPOs in 2014.
“Mayor Emanuel has been an incredible
supporter of Braintree and the Chicago
tech community … Together with PayPal,
we’re building the future of commerce
and we couldn’t be more proud to be
doing that from our hometown here in
Chicago.”
Bill Ready - Chief Executive, Braintree
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D OOR TO D O OR O R GA N I C S
EMIR ATES AIR LINE
Door to Door Organics, a leading natural
and organic online grocer, announced its
expanded service from a new warehouse
and office in Bridgeport, which houses
more than 3,500 local, organic and natural
grocery products. Chicago’s food industry
is robust, one of many thriving sectors in
the country’s most diversified economy.
“Our aggressive and strategic
investments in Door to Door Organics’
local operations further our commitment
to remaining a trusted business in the
community and allows us to better meet
the unique needs of both downtown and
suburban customers.”
Emirates Airline launched non-stop, daily
service from Dubai to O’Hare. The service
adds to the city’s global connectivity and
contributes to its goal to host 55 million
visitors by 2020. With more than 120
daily departures to nearly 60 international
destinations, Chicago’s O’Hare is the best
connected airport in the U.S.
“Chicago has long been a destination in
the United States which Emirates has
wished to serve. Like Dubai, Chicago is
a major global trade and transportation
hub with great cultural diversity that is
an economic engine for its region.”
Tim Clark - President, Emirates Airline
Chad Arnold - CEO, Door to Door Organics
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IL L INICARE
H IR EOLOG Y
“We are excited to be setting down
roots in Chicago. The city presents
fantastic opportunities to pursue our
mission – transforming the health of the
community, one person at a time. With
a diverse workforce base and such great
neighborhoods and community partners,
Chicago offers us an unprecedented
opportunity to succeed.”
Jeff Joy - President and CEO, IlliniCare Health
IlliniCare announced it will add an
additional 300 jobs in a new office at 77
W. Wacker Drive. IlliniCare has projected
to grow to more than 500 employees
throughout the city in positions ranging
from management to nurses and social
workers. Healthcare is a focus of MATTER,
the startup center for next-generation
healthcare technology companies.
Hireology, a leading tech-based human
resources company, announced that it is
expanding to a new office located at 303 E.
Wacker Drive. The new facility will provide
space to accommodate its expanding
team. Chicago is one of the fastest
growing cities for tech jobs.
“This new office gives us the space we
need to expand our team with talented
professionals in the region... its prime
location in the city enables us to benefit
from all the amenities Chicago has to
offer.”
Adam Robinson - Co-founder and CEO, Hireology
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M E AD E EL E CT RI C
PECO PALLE T
Meade Electric will consolidate its
operations, bringing approximately 2,000
people to the area. The announcement
coincided with a $13.7 million project to
rehabilitate a formerly vacant industrial
building and outdoor storage areas at
6850 W. 62nd St. in Southwest Chicago.
“We are excited to join the vast number
of businesses that have chosen
Chicago’s thriving business community
as the home for their corporate
headquarters.”
Frank Lizzadro - CEO, Meade Electric
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PECO Pallet opened its flagship pallet
depot in the Hegewisch neighborhood
of South Chicago. The new depot can
process up to 500,000 pallets per month
and store up to 250,000 pallets, making
it the company’s largest location. The
company plans to grow to more than 100
employees over the next two years. With
95 expansions, Chicago saw substantial
neighborhood growth in 2014.
“We are proud to celebrate the grand
opening of our Chicago depot, which
marks a milestone in our company’s
growth and partnership with the
community of Chicago.”
David Lee - President and CEO, PECO Pallet
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WAN DA GRO U P
YELP
“The successful establishment of
the joint venture with Magellan
Development Group is Wanda’s first step
into the U.S. real estate market...the
unique design and high quality of the
Wanda Tower will provide the Chicago
skyline with a new landmark befitting
the city known worldwide as the
birthplace of the modern skyscraper.”
Wang Jianlin - Chairman, Wanda Group
Wanda, the Beijing-based investment
group, signed an architectural agreement
with Magellan Development Group to
build a 93-story mixed-use building on
Upper Wacker Drive. The project will create
more than 2,000 construction and 500
permanent jobs. It will be the largest real
estate investment by a Chinese company
in Chicago. The Wanda development is the
first project that falls within the Gateway
Cities MOU, facilitated by WBC.
Yelp signed a lease for over 50,000 square
feet of space at the Merchandise Mart,
where it expects to hire up to 300 people.
The company chose Chicago to tap
into the city’s extensive talent pipeline,
because of its strength in local businesses
and its thriving technology community.
Chicago’s dynamic tech industry was
responsible for 77,000 jobs in 2014.
“Chicago’s history as a leader in
innovation and supporter of small
business and tech industry growth fits
seamlessly with Yelp’s initiatives, and
we are excited to build a home here with
Yelp’s seventh office.”
Jeremy Stoppelman - Co-founder and CEO, Yelp
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NE W AN D E XPA N D I N G C OMPA NI ES
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Global Reach
Chicago has long been a hub of international business activity.
Home to more than 1,800 foreign companies, and with more than
$100 billion in foreign direct investment, Chicago is among the most
globally-connected cities. In 2014, A.T. Kearney’s Global Cities Index
ranked Chicago among the top 10 cities in the world. The index
provides a view of current performance and future potential based
around business activity, human capital, information exchange,
cultural experience, and political engagement.
WBC focuses on raising Chicago’s global footprint, meeting with
international business and government leaders in Chicago and abroad
to enhance the city’s position and make it top of mind as a destination
for foreign direct investment.
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25
C H INA
Chicago served as the backdrop for the 25th U.S.-China
Joint Commission on Commerce and Trade (JCCT). The
“Chicago is a true hub of domestic
forum provided a unique opportunity for the city and the
commerce...Over the years, Chicago
nation to strengthen their partnerships with China. During
the session, Chicago Mayor Rahm Emanuel presided over
has drawn more than $100 billion in
the signing of an agreement between Beijing-based Wanda
foreign direct investment and has a
Group and Magellan Development Group to build the
clear strategy to attract more. The city
Wanda Vista project—the first result of the Gateway Cities
has been strengthened because of its
Memorandum of Understanding (MOU). This agreement
deep connection to China, to Chinese
fortifies Chicago’s place as a gateway for Chinese
investment in partnership with eight Chinese cities; Beijing,
businesses and to China’s people. This
Chengdu, Hangzhou, Qingdao, Shanghai, Shenyang, Tianjin
city has become a proverbial bridge
and Wuhan.
between our countries, which is why we
elected to hold the 2014 JCCT here.”
The MOU was highlighted at a JCCT luncheon hosted
Penny Pritzker - U.S. Secretary of Commerce
by Mayor Emanuel and WBC, with speakers including
U.S. Secretary of Commerce Penny Pritzker, U.S. Trade
Representative Michael Froman, and Wang Yang, Vice
China is one of the Chicago area’s largest trading partners,
Premier, State Council, People’s Republic of China.
with total trade between Illinois and China amounting to
In addition, WBC hosted breakout sessions during the
$34.1 billion in 2014. There are 60+ mainland Chinese-
JCCT including discussions on manufacturing, real estate,
owned companies in greater Chicago and an estimated
infrastructure, and tourism. This was just the second time in
160+ Chicago-area companies have locations in mainland
its history that the U.S.-China JCCT talks were held outside
China. Chicago has sister relationships with Shanghai and
of Washington, DC, when held in the U.S.
Shenyang, China.
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27
M E XICO
WBC continued to bolster ties with Mexico, welcoming
With more than 1.5 million residents of Mexican descent,
a group of nearly 50 business and government
Chicago has the fifth largest Mexican population in
leaders from Mexico City as part of the Global
the world and the second largest in the United States.
Cities Economic Partnership, a program developed
Currently, more than 120 Chicago and Chicago-area
through Brookings’ and JPMorgan Chase’s Global
companies have a presence in Mexico. Chicago has
Cities Initiative, and aimed at helping city and
a sister relationship with Mexico City, Mexico.
metropolitan leaders become more globally fluent.
This delegation and Memorandum of Understanding
The Global Cities Economic Partnership is designed to
(MOU) serve as a template for how Chicago will
foster trade, an exchange of ideas, and sharing of business
continue to use its sister city relationships to accelerate
best practices, while also helping to develop new global
growth and drive its position in the global economy.
trade and investment strategies. During the visit, the group,
including Secretary of Economic Development Salomón
Chertorivski Woldenberg, Vice Secretary of Economic
Development Ricardo Becerra Laguna, Secretary of
Tourism Miguel Torruco Marqués, business chambers/
representatives and industry executives from the pharma/
bioscience, restaurant and digital start-up sectors met
with economic development and business leaders from
across the region, learning about Chicago’s Plan for
Economic Growth and Jobs and its implementation.
Miguel Torruco Marqués, Secretary of Tourism of the Government of the Federal District, Ministry of Tourism of Mexico City
| Don Welsh, President and CEO, Choose Chicago | Jeff Malehorn, President and CEO, World Business Chicago
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Chicago
Sister Cities
International
ACCRA
GHANA
CASABLANCA
MOROCCO
LAHORE
PAKISTAN
PETACH TIKVA
ISRAEL
AMMAN
JORDAN
DELHI
INDIA
LUCERNE
SWITZERLAND
PRAGUE
CZECH REPUBLIC
ATHENS
GREECE
DURBAN
SOUTH AFRICA
MEXICO CITY
MEXICO
SHANGHAI
CHINA
BELGRADE
SERBIA
GALWAY
IRELAND
MILAN
ITALY
SHENYANG
CHINA
BIRMINGHAM
UNITED KINGDOM
GOTHENBURG
SWEDEN
MOSCOW
RUSSIA
TORONTO
CANADA
BOGOTA
COLOMBIA
HAMBURG
GERMANY
OSAKA
JAPAN
VILNIUS
LITHUANIA
BUSAN
REPUBLIC OF KOREA
KYIV
UKRAINE
PARIS
FRANCE
WARSAW
POLAND
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Chicago Sister Cities International (CSCI) promotes Chicago as a
global city by developing programs with Chicago’s sister cities in the
areas of culture, education, business, tourism, and immigration for
the benefit of the residents of the City of Chicago and its sister cities.
In 2014, CSCI received the “2014 Best Overall Program” award for a
city with a population over 500,001 from Sister Cities International.
The Chicago-Shanghai sister city partnership was also recognized as
2014 Best Overall U.S.-China Sister City Partnership.
Last year alone, CSCI welcomed 27 international delegations, hosted
56 committee meetings and presented 118 events, exchanges, and
programs.This included playing an integral role in the planning and
execution of events related to delegation visits from Mexico City and
China in support of the respective MOUs.
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C H ICAG O C O N SU L A R C O R P S GA L A
The 2014 Chicago Consular Corps Gala paid tribute to
The evening contained numerous highlights, including
the city’s global partners, with an international guest list
the attendance of U.S. Secretary of Commerce Penny
of more than 600 attendees that included members of
Pritzker who gave the evening’s keynote address.
the 84 foreign and honorary consulates in Chicago. More
than $800,000 was raised to support the work of WBC and
HO NO REES
CSCI and to fund Chicago Consular Corps scholarships to
students attending the University of Illinois at Chicago.
Global Citizen Award
Glenn Tilton
The Gala, held at the Radisson Blu Aqua Hotel,
Retired Chairman of the Board, United Continental Holdings, Inc.
showed a significant increase in attendance and
doubled its funds raised in 2014. As a result,
Corporate Ambassador Award
CSCI and WBC doubled their contribution to the
Exelon and ComEd
Chicago Consular Corps scholarship fund.
Global Innovator Award
Signal
Chicago Sister Cities International Volunteer of the Year
Yoko Noge Dean
Chair of the Osaka Committee of CSCI
Miho Yoshida | Yoko Noge Dean, Chair, Osaka Committee of Chicago Sister Cities International | Masaharu Yoshida, Consul General of Japan in Chicago
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Innovation
Chicago’s vast tech ecosystem is maturing as a number of elements
converge. Established and emerging tech companies, prominent
universities and entrepreneurship facilities, and incubators and
early-stage growth accelerators (including 1871, TechNexus and
BLUE1647) are all coming together to create a global technology hub.
Supporting innovation and entrepreneurship is an integral part of
Chicago’s Plan for Economic Growth and Jobs. WBC’s ChicagoNEXT
is a dedicated effort to drive growth and opportunity in science,
technology, and innovation and entrepreneurship to impact new
venture formation and accelerate business growth.
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Source: Built in Chicago
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TEC H N OLO GY E C O N OMY
49,000
CH ICAG O VENTUR E S UMMIT
Tech jobs
in Chicago
+50
%
Increase in tech
jobs since 2012
270
+
+
Digital startups launched
per year on average
2012-2014
2,100
+
Tech companies
in Chicago
SOME OF THE FASTEST GROWING DIGITAL TECHNOLOGY COMPANIES IN CHICAGO IN 2014
WBC hosted more than 100 of the nation’s most influential
In addition to Kalanick, summit speakers included investor
venture capitalists, who connected with the region’s most
and PayPal founder Peter Thiel, Cisco Systems chief
promising early- and growth-stage technology companies
technology and strategy officer Padmasree Warrior, and
at the first annual Chicago Venture Summit. The summit
investor and former AOL executive Ted Leonsis.
provided investors substantial one-on-one access to highpotential startups, along with access to Midwest-based LPs
and Chicago’s Fortune 500 leadership.
“The reason we chose Chicago is we
believe this is where digital technology
Led by J.B. Pritzker, chairman of ChicagoNEXT and cofounder and managing partner of Pritzker Group, the
has to merge with physical, industrial
summit featured Uber CEO and co-founder Travis Kalanick.
companies.”
The long-time entrepreneur and angel investor discussed
Padmasree Warrior - Chief Technology
& Strategy Officer, Cisco
the powerful impact of innovation and disruption on
consumers and cities.
Source: Built In Chicago
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TH IN KC H I C AG O
PART IC IPANTS
ThinkChicago hosted 250 technology, innovation, and
entrepreneurship students from top universities throughout
the country to explore the city’s vibrant innovation
–– Mayor Rahm Emanuel
ecosystem. The program invited the students to meet with
–– Harper Reed (Modest Inc. CEO, 2012 Obama
Chicago technology leaders, explore innovative companies,
campaign CTO, and former Threadless CTO)
and attend various events including the Lollapalooza
–– Charles Adler (Kickstarter Co-Founder)
music festival and Chicago Ideas Week programming.
–– Zach Kaplan (Inventables CEO)
–– Adrian Holovaty (Django web framework
More than 80% of participating companies said they
creator; Soundslice & Everyblock Founder)
plan to interview and/or hire ThinkChicago students.
–– Google
–– Groupon
–– Microsoft
–– Orbitz
“I absolutely love ThinkChicago
–– 1871
and really owe a lot to it. I wouldn’t
–– Motorola
“We’re proud to partner with the City of Chicago, the University of Illinois, World Business
have started my company if it
–– C3 - Lollapalooza 2014
Chicago and 1871 to bring our nation’s most talented students to Chicago... By showcasing
weren’t for the program. I was
–– Chicago Ideas Week
Chicago as a hub of technological and entrepreneurial innovation, ThinkChicago draws
going to move to California.”
–– Gogo
graduates to our vibrant city to kick off their careers and build new ventures.”
–– Groupon
Matt Unger - Founder, Roompact &
–– Morningstar
ThinkChicago Participant
Brad Keywell - Founder and Co-Chairman, Chicago Ideas Week; Managing Partner, Lightbank
–– Motorola
ST U DE N TS MO R E T H A N 4 0 TOP U N I V E R SI T I E S I NCLUD I NG
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Carnegie Mellon University
Illinois Institute of Technology
Princeton University
The University of Texas at Austin
Columbia University
London School of Economics
Purdue University
University of Illinois
Georgia Institute of Technology
Mass. Institute of Technology
Stanford University
University of Michigan
Harvard University
Northwestern University
The University of Chicago
University of Wisconsin
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C H ICAG O MA D E
WBC, along with Mayor Rahm Emanuel, Choose Chicago,
Inventables, a Chicago company helping put the city at the
and the City’s Department of Cultural Affairs and Special
epicenter of the next generation of manufacturing, unveiled
Events (DCASE), showcased Chicago’s technology, music,
its Carvey 3D printer and Easel software platform. Chicago
and film industries at South by Southwest (SXSW) in Austin,
leaders met companies such as Dom & Tom, which ended
TX with ChicagoMade. The effort focused on Chicagoans
up expanding in Chicago.
who have made an indelible mark on their respective
industries, and demonstrated that Chicago is an ideal
location to start a business or career.
“From music to movies to the next
generation of tech companies, Chicago
is home to the best and brightest in the
“… We saw that the Mayor wanted to
industry...ChicagoMade brings local
show artists that it was a friendly town
artists, executives and influencers to
for them, and that he was willing to
South by Southwest to showcase our
cultivate that culture … well, we would do
city’s creative, home-grown talent, and
anything we could to get behind that … I
show the world that Chicago is a place
think the city is taking the right steps.”
where new industries and new talent
Eric Sheinkop - CEO, Music Dealers in Crain’s Chicago
can thrive.”
Mayor Rahm Emanuel
ChicagoMade events included an exhibit booth at the SXSW
trade show, a private reception for business leaders, and an
official SXSW Chicago music showcase. Booth appearances
included Mayor Emanuel, J.B. Pritzker, Brad Keywell, Desiree
Rogers, Michelle Boone, Don Welsh, and Harper Reed.
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M AT TE R
C LEA NTEC H I NNOVATION BR IDG E
MATTER is a community of healthcare entrepreneurs and
The Cleantech Innovation Bridge (CIB) matches clean
industry leaders working together in a shared space to
energy researchers and early-stage ventures with
individually and collectively fuel the future of healthcare
corporations seeking innovative energy technologies and
innovation. Located in the Merchandise Mart, MATTER was
solutions. The program is accelerating the pace of clean
a key starter project of ChicagoNEXT.
energy innovation in the Midwest region and beyond
through real business opportunities between corporations
and startups.
In 2014, the program secured corporate participants
including Invenergy, Exelon, and Schneider Electric. In
addition, it secured partnerships with Accenture, Deloitte,
and Ernst & Young. Partners who contribute will help vet
participating startups.
In 2014, MATTER raised $8 million in funding for operations,
50 companies committed as MATTER members, and a
prominent board of directors was established. In addition,
MATTER’s leadership team was put in place to prepare for
its official launch in early 2015.
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Milestones
Since the Plan for Economic Growth and Jobs’ launch in 2012, WBC
has established approximately 1,000 relationships with key partners,
launched more than 15 initiatives, and impacted 48 communities with
more than 40,000 jobs created and retained.
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C H ICAG O A N C HO R S FOR A STRONG EC ONOMY - C A SE
DIG ITAL MANUFACTUR ING AND DESI GN I N N OVAT I O N I N ST I T U T E
The Plan fostered neighborhood development through
In 2014, the Digital Manufacturing and Design Innovation
The forums were held at Engineered Glass Products
Institute (DMDII) broke ground. DMDII is the nation’s
on the city’s West Side, A. Finkl & Sons on the city’s
flagship research institute for applying cutting-edge digital
South Side, and Eli’s Cheesecake on the North Side.
programs like Chicago Anchors for a Strong Economy
“The CASE program is revolutionary
(CASE), which trained nearly 100 small businesses in the
in that it gives our local businesses an
region to grow their ability to supply large institutions with
technologies to reduce the time and cost of manufacturing,
locally sourced products and services. The network of 11
opportunity to work with each other. We
anchor institutions is committed to putting its purchasing
may not be national in scope or have
chain, and reducing
technologies and tools
power to work in order to drive economic growth across
fancy marketing, but local businesses
acquisition costs. WBC
to enable factories of the
was instrumental in
future, to access training,
convening the Chicago
shared resources and
consortium led by UI
expertise, and to develop
LABS, which was the
new relationships with
recipient of a $70 million
suppliers and customers
Department of Defense
that will enable
grant (matched by $250
increased productivity
million of private sector,
and competitiveness.
Chicago’s neighborhoods.
can provide even better service to our
anchor institutions.”
Jackie Dyess - Inner City Supply,
CASE Program Participant
2014 ANC HO RS
strengthening the capabilities of the U.S. supply
Chicago’s manufacturers will be able to preview new
academic, and local
–– Advocate Health Care
–– BMO Harris Bank
–– Rush University Medical
government funding).
Center
The program was initiated in partnership with the Polk Bros.
–– City of Chicago
–– University of Chicago
Small and medium-
Foundation, Accion, Chicago Urban League, Chicagoland
–– Commonwealth Edison
–– University of Chicago
enterprise (SME) manufacturers across all industries
Chamber of Commerce, Illinois SBA, LISC Chicago,
–– Cook County
MacArthur Foundation, Manufacturing Renaissance, Quad
–– Illinois Institute of
Technology
Communities Development Council, Chicago Community
–– Northwestern Memorial
Trust, Women’s Business Development Council, and
Healthcare
Chicagoland Workforce Funder Alliance.
Medical Center
–– University of Illinois at
Chicago
attended three open forums to learn how they can capture
the benefits of Chicago’s new Digital Lab for Manufacturing.
Attendees also learned about the City of Chicago’s effort
to support manufacturing, and the global resource network
available to assist manufacturers’ planning and operations.
There are approximately 2,700 SMEs in Chicago alone.
46
47
M E TR O C HI C AG O E XP O RTS
S UPPLY CH AIN INNOVATION NE T WO RK OF C H I C AGO - SI N C
Metro Chicago Exports (MCE), the unprecedented
WBC advanced the Supply Chain Innovation Network
collaboration between the City of Chicago and Cook,
“Metropolitan areas like northeastern
DuPage, Kane, Kendall, Lake, McHenry, and Will counties,
Illinois are the engines for economic
helps small and medium enterprises capture expanding
S I NC I NI T I A T I VES I NCLUD E
of Chicago (SINC) by appointing Doug Whitley as the
Interim Executive Director. SINC is a leadership council
–– Streamlined truck permitting for oversized trucks
developed to improve the movement of goods to stimulate
throughout Chicagoland
global opportunities and strengthens the region’s network
growth in this country. And regions
of export service providers.
that work together perform better. By
private sector and executive-led, end-to-end supply chain
increasing the export capacity of small
organization in greater Chicago. The organization is growing
–– Workforce development
Chicago’s national leadership as a supply chain hub by
–– Fostering innovation within the industry
Launched in 2014, Metro Chicago Exports will assist
and medium-sized businesses, we will
manufacturers and business service companies to reach
enhance global competitiveness, foster
new international markets. In January 2015, Thomas
Hulseman was appointed founding managing director of
innovative activity within firms, and
MCE.
positively impact the economy of our
regional economic and business growth, and the first-ever
–– Off-peak delivery coordination for shipping of goods
during periods of less congestion
developing talent, improving infrastructure, advancing
technology, and attracting capital.
region.”
This pilot program focuses on three initial strategies:
Toni Preckwinkle - President, Cook County Board
–– Build the pipeline of export-ready firms
–– Strengthen the export ecosystem
83
–– Reduce the initial business costs to reach new markets
Metro Chicago Exports builds on the Global Cities Initiative,
a joint project of the Brookings Institution and JPMorgan
%
Of economic growth is
occuring outside the U.S.
2013-2018*
Chase.
Increases Global
Competitiveness
Enhances Local
Supply Chain
Strengthens
your Business’
by helping grow Chicago’s
regional economy
efficiency, while increasing
talent attraction and academic
strength in the field
exposure to thought
leadership and industry
trends, while increasing
access to the talent, tools,
and best-practices for growth
* Source: World Economic Outlook, International Monetary Fund, 2013
48
49
10 00 J O BS FO R C HI C AGO L A ND M A NUFACTURI NG
CAPITAL ACCES S CENTER S
The 1000 Jobs for Chicagoland Manufacturing initiative
The Capital Access Centers (CACs), now called Small
was announced in 2014 by Mayor Emanuel, WBC, and
“When you strengthen the
the Chicago Federation of Labor. The initiative will match
manufacturing sector, you strengthen
1,000 qualified job seekers to open manufacturing jobs
and link residents who need additional skills to training
the middle class. This initiative
and apprenticeship programs that can result in full-time
will connect job seekers with the
employment.
training programs and manufacturing
employment opportunities that will help
The 1000 Jobs initiative focuses on three areas of need:
build our community.”
Karin Norington-Reaves - CEO, Chicago Cook Workforce
Partnership, 1000 Jobs Steering Committee Member
–– Raising awareness of manufacturing jobs in the city
and the region’s manufacturing sector
Business Opportunity Centers, pilot program launched
“Accessing capital is one of the most
at three locations in 2014. The program helps small
important needs for small businesses
businesses assess their needs and access capital to grow.
The CACs primarily work with small businesses seeking
and is also one of the most challenging.
loans up to $250,000 for their next stage of development.
Often, small businesses don’t know
where to go for capital and currently
Capital Access Centers will help banks, microlenders, and
there are limited institutions providing
other financial institutions fill their lending pipelines, while
support to them in the marketplace.
providing the expert guidance business owners seek when
they are looking for financing to improve or expand their
This program will provide funding and
business.
training to create centers that have both
–– Increasing capacity at existing workforce organizations
to help them to match job seekers to jobs and training
The program launched with three neighborhood-
programs that meet the needs of area manufacturing
based agencies: the Chatham Business Association,
businesses
the Resurrection Project, and the Greater Englewood
–– Facilitating coordination through a web portal that will
the capacity and the capability to triage
client needs and steer them to the most
appropriate financial partners.”
Community Development Corporation.
Roxanne Nava - Chief Small Business Officer,
City of Chicago
connect job seekers with training and employment
opportunities
CACs build on the success of WBC’s Seed Chicago initiative,
which cultivates and accelerates small business growth
under the leadership of Accion.
50
51
RIVE R WAL K
FELLOWS H IP PR OG R AM
WBC’s Fellowship Program offers prominent professional
development opportunities for mid-level executives
“The Fellowship is an enriching
throughout the Chicago area to drive World Business
experience that ignites one’s civic spirit,
Chicago’s Plan for Economic Growth and Jobs strategies.
develops and flexes next generation
Nominated by their employers, Fellows work at WBC for a
leadership and entrepreneurial skills,
select amount of time and lead initiatives to drive growth
and provides unparalleled access
in Chicago and the region. This professional development
to Chicago’s dynamic business and
experience provides the Fellows with tremendous
civic ecosystem. WBC provides all the
leadership opportunities as they build lasting relationships
with leaders in the public and private sectors and directly
essential ingredients that allow Fellows
impact Chicago’s future.
to be creative in how they make an
impact and get a taste of Chicago’s
In 2014, WBC hosted 12 Fellows from companies including:
As a part of its Plan strategy to invest in next-generation
The Chicago Riverwalk extension is part of the larger
A.T. Kearney Inc., Bain & Company, Inc., CohnReznick LLP,
infrastructure, WBC is a key partner in the development of
Wacker Drive Reconstruction Project. The Riverwalk will
Deloitte Consulting LLP, Ernst & Young LLP, Gensler, Hyatt
Chicago’s Riverwalk. In 2014, the City of Chicago issued
complement the new roadway, bringing residents and
Hotels Corporation, KPMG LLP, Madison Dearborn Partners,
a request for proposals (RFP) to advance commercial
visitors down to the river level. The project will provide
LLC, Morgan Stanley, Société Générale, and Wells Fargo
development around the Riverwalk. According to a study
an alternative, continuous pedestrian pathway with
Bank, N.A.
commissioned by the City, investing in the Riverwalk has
recreational, educational and retail opportunities. With
the potential to drive roughly $3 billion in net new spending
more than 100,000 square feet of commercial development
in the Chicago economy over the next 35 years.
opportunity, the Chicago Riverwalk is a transformative
economic development priorities.”
Anil Harjani - Director, Hyatt Hotels Corporation,
Former WBC Fellow
investment.
52
53
201 4 M IL E STON E S
Mexican Business Delegation
Chicago Visit
Chicago “Top Metro” for
Corporate Relocation/Expansions
Bonial International Group
Archer Daniels
Midland
Chicago ranked #2 for Fast
Growing Small Businesses INC. 5000
Hyatt
Chicago Investor Conference
Chicago Consular Corps Gala
Sustainable Solutions LED
PMS Medikal
Dom & Tom
WBC WEFTEC
Global Water Summit
Medacta
Chicago Anchors for a
Strong Economy (CASE)
Launches
Door to Door Organics
Braintree
China Business Delegation
Chicago Visit
WBC Hosts Valerie Jarrett Talk
Routes Conference
Yelp
ThinkChicago:
Lollapalooza
Revenew
ChicagoMade
@SXSW in Austin
Chicago Venture
Summit
Metro Chicago Exports
Launches
AdvaMed
SINC names
Executive Director
Blue Chip Marketing
Worldwide
1000 Jobs
Launches
DMDII SME Forums
Medix
J A N
F E B
M A R
A P R
54
M A Y
J U N
J U L
Hireology
Capital Access Centers
Launches
Meade Electric
WBC Ranked Top
Economic Development Group
Balihoo
Chicago Gourmet
A U G
S E P
O C T
55
U.S.-China Joint Commission on
Commerce and Trade Forum
N O V
D E C
BOAR D AC K N OWL E D G E ME NTS
CHAIRMAN
Rahm Emanuel
Mayor
City of Chicago
VICE CHAIRMAN
Michael Sacks
CEO
GCM Grosvenor
PRESIDENT & CEO
Jeff Malehorn
World Business Chicago
Jim Abrams
Stephen Chipman1
Chief Operating Officer
Medline Industries, Inc.
Senior Vice Chair
Grant Thornton LLP
Anthony K. Anderson
Christopher Crane
Retired Vice Chairperson and
Managing Partner of the Midwest
Ernst & Young LLP
President and CEO
Exelon Corporation
James S. Crown
Andrew Appel
President
Henry Crown and Company
President and CEO
IRI Worldwide
Deborah DeHaas
Jeffrey Aronin
CEO
Metropolitan Pier and Exposition Authority
Mellody Hobson
President
Ariel Investments
Mark S. Hoplamazian
President and CEO
Hyatt Hotels Corporation
Chairman and CEO
Paragon Pharmaceuticals, Inc.
VICE CHAIRMAN and Chief Inclusion
Officer
Deloitte LLP
Lamar A. Johnson
Rita R. Athas
Mary Dillon
Steve Kersten
Senior Advisor
World Business Chicago
President and CEO
Ulta, Inc.
Melissa Bean
Craig J. Duchossois
Chairman of the Midwest
JPMorgan Chase & Co.
CEO
The Duchossois Group
Tony Bouchard
Executive Vice President and
Central Region Executive
AECOM Technology Corporation
Matthew Gibson
Greg Q. Brown
Chairman and CEO
Motorola Solutions
President and CEO
Presence Health Network
Chairman and CEO
The John Buck Company
Martin Cabrera
Debra A. Cafaro
Thomas F. Motamed
Patricia Hemingway Hall
Pin Ni
President and CEO
Northwestern Memorial HealthCare
President and CEO
Aon plc
Michael H. Moskow
Antonio Gracias
Dean Harrison
Gregory C. Case
Co-CEO
Madison Dearborn Partners
Chairman, President and CEO
Ingredion Incorporated
President and CEO
DeVry Education Group
Chicago Office Managing Partner
KPMG LLP
President and CEO
Potbelly Sandwich Works
Vice Chair and Distinguished Fellow,
Global Economy
The Chicago Council on Global Affairs
Daniel M. Hamburger
Patrick Canning
Corporate Vice President,
Technology and Civic Engagement
Microsoft
Samuel M. Mencoff
President and CEO
Health Care Service Corporation
Chairman and CEO
Ventas, Inc.
Dan’l Lewin
James T. Glerum
Founder, CEO and Chief Investment Officer
Valor Equity Partners
Founder and CEO
Cabrera Capital Markets, LLC
Managing Partner
Lightbank
Aylwin Lewis
Ilene Gordon
John Buck
President and CEO
Coeur Mining, Inc.
Co-Head of Investment Banking,
Midwest Region
The Goldman Sachs Group, Inc.
Managing Director, Chairman of Regional
Banking for North America
Citigroup, Global Banking
Sandra Bruce
Greater Chicago Market Managing Partner
PricewaterhouseCoopers LLP
Eric Lefkofsky
President for the Americas
Google Inc.
Chairman and CEO
Chicago Board Options Exchange
James P. Kolar1
Mark Furlong
Margo Georgiadis
Bill Brodsky
Owner and President
WaterSaver Faucet
Mitchell J. Krebs
President and CEO
BMO Harris Bank
President Emeritus
The Chicago Council on Global Affairs
Managing Director
Hills & Company
Managing Principal of North Central Region
Gensler
Donald Edwards
Managing Principal
Flexpoint Ford, LLC
Marshall M. Bouton
1
Lori Healey
Chairman and CEO
CNA Financial
President
Wanxiang America Corporation
William A. Osborn
Retired Chairman and CEO
Northern Trust Corporation
Rick Osterloh1
President and CEO
Motorola Mobility
Anthony Parasida
Senior Vice President
Human Resources and Administration
The Boeing Company
Henry M. Paulson, Jr.
Chairman
The Paulson Institute
Jose Luis Prado
Former President
Quaker Foods North America
President
Prado Strategic Consulting
John Pratt
Managing Director, Investment Banking
Bank of America Merrill Lynch
Richard Price
Chairman and CEO
Mesirow Financial
J.B. Pritzker
Co-Founder and Managing Partner
Pritzker Group
Frank Ptak
President and CEO
The Marmon Group LLC
John Rau
President and CEO
Miami Corporation
Jim Reynolds
Co-Founder, Chairman and CEO
Loop Capital
Larry Richman
President and CEO
The PrivateBank
Desiree Rogers
CEO
Johnson Publishing Company, Inc
Pat Ryan, Jr.
Founder and CEO
INCISENT Labs Group
Muneer A. Satter
Chairman
Satter Investment Management
Samuel Scott
Retired Chairman, President and CEO
Corn Products International, Inc.
Kimberly Simios
Office Managing Partner
Ernst & Young LLP
James Skogsbergh
President and CEO
Advocate Health Care
Jeffery Smisek
Chairman, President and CEO
United Continental Holdings, Inc.
PLAN STEERING
COMMITTEE
MarySue Barrett
J. Douglas Sparkman
CO-CHAIRS
Frank Beal
COO Fuels, North America
BP Products North America, Inc.
Michael Sacks
WBC VICE CHAIRMAN, CEO of GCM
Grosvenor
Byron Spruell
VICE CHAIRMAN, Central Region and
Chicago Managing Principal
Deloitte LLP
Glenn Tilton
WBC Executive Committee Member, Retired
Chairman of the Board, United Continental
Holdings, Inc.
Russell Stokes
President and CEO
GE Transportation
EX OFFICIO
David P. Storch
Steve Koch
Chairman and CEO
AAR CORP.
Deputy Mayor, City of Chicago
Civic Consulting Alliance
Melissa Bean
JPMorgan Chase & Co.
Steve DeBretto
Industrial Council of Nearwest Chicago
Ivo Daalder
The Chicago Council on Global Affairs
Ty Fahner
The Civic Committee of the Commercial
Club of Chicago
Terry Mazany
Hugh Sullivan1
The Chicago Community Trust
Vice Chariman
Morgan Stanley
Theresa Mintle
Chicagoland Chamber of Commerce
Robert Sullivan
President and CEO
Fifth Third Bank
Michael H. Moskow
Richard Sykes
Jorge Ramirez
The Chicago Council on Global Affairs
Midwest Office Manager
McKinsey & Company
Chicago Federation of Labor
Desiree Rogers
Donald Thompson
Choose Chicago
Retired President and CEO
McDonald’s Corporation
Julia Stasch
John D. and Catherine T. MacArthur
Foundation
Glenn F. Tilton
Retired Chairman of the Board
United Continental Holdings, Inc.
Howard Tullman
1871 and the Chicagoland Entrepreneurial
Center
Charles A. Tribbett III
Managing Director
Russell Reynolds Associates
Andrea Zopp
Chicago Urban League
Byron Trott
Managing Partner
BDT Capital Partners LLC
Gregory D. Wasson
Former President and CEO
Walgreens Boots Alliance
Wasson LLC
Keith Williams
President
Underwriters Laboratories Inc.
Thomas J. Wilson
Chairman, President and CEO
Allstate Corporation
Patricia Woertz
Chairman & CEO
Archer Daniels Midland (ADM)
Board members as of 2015
56
Metropolitan Planning Council
57
BOAR D AC K N OWL E D G E ME NTS
C ON TI N UED
CHICAGONEXT
LEADERSHIP
J.B. Pritzker
Pritzker Group (Chair)
Eric Lefkofsky
Lightbank (Co-Chair)
Jeff Aronin
Paragon Pharmaceuticals (Co-Chair)
Pat Ryan Jr.
INCISENT Labs Group (Co-Chair)
MEMBERS:
BIOSCIENCE
FINTECH
Shradha Agarwal
ContextMedia
Phupinder Gill
CLEANTECH
CME Group (Co-Chair)
Sunil Garg
Joe Mansueto
Michael Polsky
Don Wilson
Exelon (Co-Chair)
Morningstar (Co-Chair)
Invenergy (Co-Chair)
DRW (Co-Chair)
Karen Weigert
Mike Bousch
City of Chicago
Discover Financial Services
Declan Flanagan
Steve Brodsky
Lincoln Clean Energy
Spot Trading
Antonio Gracias
Shawn Carpenter
Valor Equity Partners
YCharts
Bob Zagotta
CME Group
Hardik Bhatt
Kristi Ross
Kim Majerus
Discover Financial Services
Dough
Eero Pikat
Dan Wagner
CBOE
Jeff Yordon
Sagent Pharmaceuticals
Greg Goff
Morningstar
Nathan Laurell
Al Goldstein
New Frontier Holdings
AvantCredit
Enova
Modest
Brad Keywell
Chicago Ideas Week
Eric Lunt
Signal
Jim Robinson
Barry Matchett
Brett Goldstein
Roger Liew
Staffan Schuberg
Amy Francetic
Jim Gray
Logan LaHive
Tim Walbert
Chuck Templeton
Derek Groothuis
Chris Gladwin
Nina Nashif
Andrew Perlman
Jason Henrichs
Neal Sales-Griffin
Astellas Pharma
Lundbeck
Horizon Pharma
Healthbox
Nick Rosa
Sandbox Industries
Michael Liang
Baird Venture Partners
Environmental Law & Policy Center
GCM Grosvenor
Clean Energy Trust
G-Bar LP
Impact Engine
DRW
Greatpoint Energy
FinTEx Chicago
Katie Mcclain
John Hoesley
Invenergy
The PrivateBank
Tim Stojka
Amit Jhawar
Agentis Energy
Braintree
Orbitz
Belly
Cleversafe
The Starter League
Kevin Willer
Chicago Ventures
Fred Hoch
Illinois Technology Association
Sona Wang
Mark Harris
Mohit Kapoor
Maura O’Hara
Andrew Cittadine
Jason Blumberg
Ryan Miller
Dan O’Neil
Ceres Venture Fund
Diagnostic Photonics
David Schonthal
Fusion Ventures
Steve Gould
The Gould Consulting Group LLC
Nancy Sullivan
IllinoisVENTURES
IL Science & Technology Coalition
TransUnion
Energy Foundry
Bank of America
John Tolva
Rumi Morales
Positivenergy Practice
CME Group
John Flavin
Scott Murray
Chicago Innovation Exchange
Northern Trust
Jessica Yagan
Rahier Rahman
Impact Engine
Pangea
Warren Ribley
Joe Scoby
iBio
Achievement Asset Management
David Baker
Illinois Venture Capital Association
Smart Chicago Collaborative
Benedict Rocchio
Baird Venture Partners
Adam Koopersmith
Pritzker Group Venture Capital
Matt Maloney
GrubHub
Talia Mashiach
Eved
Milan, Italy
Accra, Ghana
Osaka, Japan
Amman, Jordan
David Miller
Committee Co-Chair: Phil Palmer
Committee Co-Chair: Stephen Quazzo
Athens, Greece
Committee Chair: Paula Waters
Moscow, Russia
Committee Co-Chair: Aleksandra Efimova
Committee Co-Chair: Prince Piotr Galitzine
Committee Chair: Yoko Noge-Dean
Committee Vice-Chair: Mark Scott
Paris, France
Committee Chair: Brett August
Committee Vice-Chair: David Reithoffer
Committee Co-Chair: Demetrios Kozonis
Committee Co-Chair: Nicholas Black
Petach Tikva, Israel
George Bousis
Belgrade, Serbia
Prague, Czech Republic
Brian Fitzpatrick
Birmingham, United Kingdom
Bill King
Bogota, Colombia
Caralynn Nowinski
Busan, Republic of Korea
Shelley Stern Grach
Casablanca, Morocco
Connect Chicago Challenge
University of Illinois
Committee Chair: Desko Nikitovic
Raise
Committee Chair: Rupert Ward
Tock
Committee Chair: Marcelino Garcia
DMDII
Committee Chair: Nam Hung Paik
UI Labs
Committee Co-Chair: Lisa Roberts
Committee Co-Chair: Julie Stagliano
Microsoft
Mike Gamson
Delhi, India
LinkedIn
Phyllis Lockett
LEAP Innovations
Mark Glennon
Ninth Street Advisors
Laura Frerichs
University of Illinois
Peter Wilkins
Hyde Park Angels
Amanda Lannert
Jellyvision
Jeff Miller
Motorola Mobility
Committee Chair: Smita Shah
CHICAGO SISTER
CITIES
INTERNATIONAL
ADVISORY BOARD
Durban, South Africa
Committee Chair: Vacant
Galway, Ireland
Committee Chair: William Gainer
Committee Vice-Chair: Billy Lawless, Sr.
Samuel C. Scott III
Gothenburg, Sweden
Chairman
Committee Chair: Don Ahlm
Rita Athas
Hamburg, Germany
World Business Chicago
Committee Chair: Rolf Achilles
Committee Vice-Chair: Johann Christoph
Lichtenfeld
Raymond Chin
R.M. Chin & Associates, Inc. and China
Committee of CSCI (Council of Chairs
representative)
Humanitarian Committee
Committee Co-Chair: Susan Leonis
Committee Co-Chair: Stephen Smith
Chris Clark
Motorola Solutions
Kyiv, Ukraine
Laura Ferris Anderson
Committee Chair: Vera Eliashevsky
JPMorgan Chase & Co.
Lahore, Pakistan
Linda Loving
Committee Co-Chair: Tariq Butt
Committee Co-Chair: Tariq Malhance
Toronto Committee of CSCI (Council of
Chairs representative)
Lucerne, Switzerland
Daniel J. Lynch
United Airlines
Committee Co-Chair: Camille Julmy
Committee Co-Chair: Albert Lacher
Courtney A. Thompson
Mexico City, Mexico
The Boeing Company
58
CHICAGO SISTER
CITIES
INTERNATIONAL
COUNCIL OF CHAIRS
Committee Chair: Linda Quarshie
Illinois Institute of Technology
David Fisher
Harper Reed
Argonne National Labs
Kellogg School of Management
Joey Mak
WEB/MOBILE
Eric Isaacs
Linda Darragh
Demond Drummer
Freshwater Advisors
Laura Ferris Anderson
Naurex
University of Chicago
David Weinstein
Madison Dearborn Partners
Norbert Riedel
Matthew Tirrell
Civis Analytics
Barchart
Pete Kadens
JPMorgan Chase
IRI Worldwide
UNIVERSITY PARTNERS
DePaul University College of Computing & Digital Media
Nancy Joseph-Ridge
Socore Energy
Cisco
Andrew Appel
Vahe Dombalagian
Takeda
State of Illinois
Gerald O’Connor
Daphne Preuss
Chromatin
1871
Roger Hochschild
Steven Collens
MATTER
Howard Tullman
Committee Chair: Alejandro Silva
59
Committee Chair: Daniel Shure
Committee Co-Chair: Edward Dellin
Committee Co-Chair: Judith Munson
Shanghai and Shenyang, China
Committee Co-Chair: Raymond Chin
Committee Co-Chair: William Spence
Social Services
Committee Chair: Kathleen Borland
Toronto, Canada
Committee Co-Chair: Linda Loving
Committee Co-Chair: Lynn Osmond
Vilnius, Lithuania
Committee Chair: Stanley Balzekas
Warsaw, Poland
Committee Chair: Thaddeus Makarewicz
F INANCIA L S
A UD I TE D F I NA NCIA L REPORT A VAIL ABLE AT W O RLD BUS INES S C HIC AGO.C O M/A N N UA L -R E P O RT
P R I VA T E F U N DI N G
R EV E N UE
2 01 3: $4 . 6 MM
2 01 4: $8 . 1 MM
EX P ENS ES
2013: $5.0MM
2014: $7.6MM
E xcludes: Cont ribut ed Ser vice In co me
Exc l ude s : N A TO, C ontr i bute d Se r v i c e Ex pe ns e , D e p re ci a t i o n
C ON TRIBU TED S ERVICES
Category
Value
Provider(s)
Advertising and Marketing
$505,000
Prophet, Burson Marsteller, Downtown Partners, Elevate Digital, Clique Studios,
Elemento, Fourth Seacoast Online.com, ASGK, Emblem Media
Professional Services
$800,000
Bain & Company, Gensler, Deloitte, Duane Morris, Madison Dearborn Partners,
CohnReznick, Baker & McKinzie, JP Morgan Chase, GCM Grosvenor, Mayer Brown
Travel
$75,000
United Airlines, Inc.
60
$ 1 - 49,999
$ 1 - 49,999 Cont.
$ 50,000 - 99,999
Over $100,000
1871/Chicagoland Entrepreneurial Center
American Medical Association
Aramark
Ariel Investments
Ask Products Inc
Baker & McKenzie
Balzekas Museum Of Lithuanian Culture
Baxter International Inc.
Bob Sullivan
Braintree
Brett August
Busan Committee - Chicago Sister Cities International
Capitol F Consulting LLC
Caterpillar
CBOE
CBRE
Chapman and Cutler LLP
Chicago Central Area Committee
Chicago Community Trust Foundation
Chicago Diversified Projects
Chicago Federation of Labor, AFL-CIO
Chicago Title and Trust Company Foundation
Chicago Ventures
Chicagoland Chamber of Commerce
CME Group
Coeur Mining
Corning Inc.
Crown Family
Crown Imports
Cushman and Wakefield
DLA Piper
Dow
DS Americas Corp.
Emirates
Evans Food Group
First American Equities Inc
Freeborn & Peters LLP
Glitter Group LLC
Globetrotters Engineering Corporation
Goldberg Kohn Ltd.
Greg Hummel
Horizon Pharma USA, Inc
Howard Garber
Hyatt Hotels Foundation
Hyde Park Venture Partners Management LLC
Illinois Manufacturers Association Education Foundation
Illinois Technology Association
Illinois Tool Works Inc.
Ingredion Incorporated
Integra Communications
James H.M. Sprayregen
Janet and Craig Duchossois
Jenner & Block
JLL
John Robak
Jones Day
Julie Stagliano
Kathleen Borland
Katten Muchin Rosenman Foundation, Inc.
Kevin Phillips
Kirkland & Ellis LLP
Lahore Committee - Chicago Sister Cities International
Larry Sophian
Lettuce Entertain you
Level-(1) Global Solutions, LLC
Lifeway Foods, Inc.
Locke Lord LLP
Lurie Investments
Manor Tool and Manufacturing Co.
Marshall Bennett Estate Trust
Mayer Brown LLP
McKinsey & Company
Mead Johnson Nutrition Co.
Michael Moscow
Morgan Stanley
NOW Foods
Orbitz
Patrick G. and Shirley W. Ryan Foundation
Paul Donahue
Pearlmark Real Estate Partners
PNC Bank, Illinois
Potbelly Sandwich Works
Presence Health Network
Pricewaterhouse Coopers Charitable Foundation
PwC LLP
Qualcomm
R.M. Chin & Associates, Inc.
Robert and Marie Weissbourd
Robert Crawford
Rocket Fuel Inc.
Russell Reynolds Associcates
Ryan Enterprise Group
Samuel & Dona Scott
Seyfarth Shaw
Sidley Austin LLP
Signal
Silicon Valley Bank
Skolnik Industries, Inc.
Spencer Stuart
Thaddeus J. Makarewicz
The Adler Planetarium
The Diamond Family Foundation
The Quaker Oats Co.
TriNet HR Corporation
United
Ventas Charitable Foundation
Wells Fargo Bank
William Blair & Company
William Osborn
Winston & Strawn LLP
Workers' Interests Network
Abbvie
Advocate Health Care
AECOM Technology Corporation
Allstate Insurance
Archer Daniels Midland Company
Bank of America
BDT Capital Partners
BP Corporation
Cabrera Capital Markets, LLC
Chauncey & Marion D. McCormick Family Foundation
ComEd - An Exelon Company
Devry Education Group
Donald Edwards
Ernst & Young LLP
Fifth Third Bank
General Electric Co.
Gensler
Google
Grant Thornton
Health Care Service Corporation/Blue Cross Blue Shield
Henry Crown
Hyatt Corporation
Illinois Institute of Technology
INCISENT Labs
IRI Information Resources
KPMG LLP
Loop Capital
Marathon Pharmaceuticals
McDonald's
Mesirow Financial
Microsoft
Northwestern Memorial Hospital
Pritzker Group
Rush University-Medical Center
Samuel Mencoff
The 1111 Foundation/Medline Industries
The Duchossois Group
The Goldman Sachs Group, Inc.
The John Buck Co.
The Lefkofsky Family Foundation
The Marmon Group
The Privatebank
The Walgreen Company
UL LLC
Ulta, Inc.
Valor Management
Ventas, Inc.
Wanxiang America Corporation
WaterSaver
Abbott
Allscripts
Aon Foundation
BMO Harris Bank N.A.
Chicago Metropolitan Agency for Planning
CNA Financial
Exelon Corporation
GCM Grosvenor/Michael Sacks
J.B. & M.K. Pritzker Family Foundation
John D. and Catherine T. MacArthur Foundation
JP Morgan Chase & Co.
Motorola Solutions
Satter Foundation
The Boeing Company
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PH OTO C RE D I TS
CONNECT
Front Cover: DIRTT Staircase by Chris Smith - Flickr
Results: Chicago Theater Night by Chris Smith - Flickr
Recent Wins: 5:15pm by Laurie Chipps - Flickr
ADM: Chicago by Alvesgaspar - WikiMedia
Illinicare: Marina City Reflection in 77 W Wacker-2 by Carol Smith - Flickr
Braintree, MEADE Electric, PECO Pallet, YELP, China: Patrick L. Pyszka - City of Chicago
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Hireology: Marketwired
Global Reach: Chicago River South Branch from the Cityscape Bar by Chris Smith - Flickr
Mexico: Choose Chicago
Chicago Sister Cities International: Big Red Pritzker by Jason Mrachina - Flickr
Chicago Consular Corps Gala: Nagle Photography
Innovation: Tomorrowland Transit Authority by Chris Smith - Flickr
ThinkChicago, ChicagoMade, Chicago Anchors for a Strong Economy - CASE: Jake Trussell
Milestones: Café by the river by russavia - WikiMedia
Digital Manufacturing And Design Innovation Institute: Official White House Photo by Lawrence Jackson
Riverwalk: City of Chicago
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