Chicago’s tech economy is growing. According to BuiltinChicago.org, nearly 200 digital start-ups launched in 2011, almost double that of the previous year. The total dollars raised by Chicago digital technology companies was $1.45 billion — 393 percent higher than 2010 and nine percent more than the previous 10 years combined.
More capital, talent, and excitement are flowing into the city than ever before. Established firms like Foley are supporting these start-ups by leveraging their experience, resources, and professional networks to further accelerate the successful growth.
Catapult Chicago is at the epicenter of this fast-growing tech market. Catapult comprises Chicago’s most promising tech start-ups and entrepreneurs that have demonstrated business traction. Part incubator, part accelerator, part corporate headquarters, it provides not only flexible office space and access to experienced business and legal counsel, but also a collaborative environment of motivated entrepreneurs; it is a collective community designed to foment the right Chicago elements from which “the next big thing” will most likely spring.