Founded in 2006 by a group of XP students, Hyde Park Angels (HPA) provides a forum for entrepreneurial-minded members to invest in seed and early-stage businesses, primarily located in the Midwest. HPA partnered with the Polsky Center in 2007 to assist in the execution of its mission. Members include current and former executives, entrepreneurs, and venture capitalists who meet quarterly to formally consider start-ups that have been screened by the selection committee and also provide domain expertise, strategic advice, and coaching to its companies. HPA also offers the opportunity for Chicago Booth students to intern as associates and gain valuable venture capital experience. To date, HPA has invested in three companies launched by Chicago Booth entrepreneurs.
In 2004, Donald W. Hamer, '58, provided a generous grant to the Polsky Center to develop educational programs that target regional small businesses and add value to the local economy and Chicago Booth community. The Hamer Small Business Initiative allows the center to develop educational programs to help address the challenges faced by small business owners including sponsoring conferences and workshops, subsidizing student internships, conducting small business research, and building networks across the community.
The Polsky Center works closely with the regional business community to provide assistance to emerging entrepreneurs, small businesses, and social ventures through a number of programs and activities. Read about our resources for general business assistance (PDF) and for social entrepreneurship assistance (PDF).
The Booth Global Launchpad supports the ongoing education of Chicago Booth's entrepreneurial alumni through engaging, four-day "boot camp" seminars taught by Chicago Booth's top entrepreneurship faculty. The program travels to a variety of geographies each year, providing alumni worldwide with the tools and experiential learning needed to start new ventures or grow existing businesses. Alumni will gain a solid understanding of the core tenets of entrepreneurship as well as access to a dynamic mentor network.
In 2010 and 2011, Chicago Booth teamed with the Foundation Source to run two Social Venture Forums. Focused on social enterprise investing, these events helped private foundations learn how to further their social mission while generating financial return by deploying philanthropic capital in innovative ways.
In 2007 and 2008, the Polsky Center ran Entrepreneurial Immersion trips to China and India. These unique, educational programs allowed Chicago Booth alumni, students, and faculty to build understanding, communication, and partnerships across the globe and experience two of the fastest growing economies in the world.
The Collegiate Scholars Program was founded in 2003 as a three-year program to prepare talented Chicago Public Schools students in grades 10-12 for admission and success at the nation's top colleges and universities. As part of this program, Chicago Booth professor Waverly Deutsch has taught Elements of Entrepreneurship, which gives CPS students real-world exposure to starting a business. Watch a short documentary about the entrepreneurship course, which was made possible through a generous grant from the Goldman Sachs Foundation.