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Chicago & Midwest  + South Side  + Finance  | 
Zonetics has signed up for headquarters space at entrepreneurial incubator 1871 in downtown Chicago

Chicago Maintains Top Rank for Venture Capital ROI

Chicago continues to lead in venture capital (VC) return on investment, according to the 2020 Chicago VC Ecosystem Report, prepared by P33 and ChicagoNEXT and based on Pitchbook data. The city has maintained its top ranking since 2016.

Among the factors cited in the report include:

• $7.8 billion invested in Chicago since 2017

• A record number of 302 deals closed in 2019

• 2,000 active tech startups supported by a deep roster of seed-stage companies and incubators. These include 1871, recognized by UBI Global as the #1 private incubator among university-affiliated business incubators in the world.

“This announcement only confirms what everyone in Chicago already knew,” said Mayor Lori Lightfoot. “When it comes to supporting entrepreneurship, driving innovation, and—above all—delivering results, there is no better city in the nation than Chicago, thanks to our vibrant ecosystem, diverse economy, and wealth of homegrown talent.”

Pictured: 1871 in Chicago.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
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