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Chicago & Midwest  + South Side  + Finance  |  December 8, 2021
Paul Bubny
By: Paul Bubny

Pritzker Traubert Foundation Unveils $10M Chicago Prize for 2022

The Pritzker Traubert Foundation is launching its second Chicago Prize aimed at entrepreneurs on the city’s South and West Sides. Chicago Prize 2022 will provide $10 million in capital to a collaborative community-led initiative that uses real estate development to produce significant economic impact.  

Initiatives should have the catalytic potential to stimulate investments that can improve economic opportunity in and for the community, the foundation said. Chicago Prize 2022 will also invest up to $5 million in planning, capacity-building, and other awards to help more teams move their projects forward. 

The Pritzker Traubert Foundation is announcing Chicago Prize 2022 as part of a larger $30-million commitment to community development on the City’s South and West sides over the next five years, and as part of its $100+ million commitment to increase access to opportunity for more Chicagoans. 

The Chicago Prize 2022 Application Portal will open on Feb. 15, 2022. 

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ritzker Traubert Foundation

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).
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