The Chicago region is globally competitive in the information technology sector with many of the nation’s largest technology firms choosing to locate here. From 2015 to 2016 GRP in the cluster increased by 7.2%.
Chicago’s entrepreneurial hub for digital startups, 1871, ranked 1st in the United States and 4th globally in the UBI Global list of Top University Affiliated Business Incubators in 2015. 1871 graduated some 40 companies, which have in turn generated over 500 jobs.
In 2016, $154.2M was invested into Chicago’s information technology
related industry segments*. This is a 23.5% YOY increase from the $124.8M invested in those segments in 2015.
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