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CHICAGO, Dec. 10, 2020 /PRNewswire/ Mayor Lori E. Lightfoot joins ChicagoNEXT, an initiative of World Business Chicago, and P33 to announce Chicago s continued lead in venture capital (VC) return on investment the 2020 Chicago VC Ecosystem Report, released today. Among the reasons cited are:
$7.8B invested in Chicago since 2017
A record number of 302 deals closed in 2019
2000 active tech startups supported by a deep roster of seed stage companies and incubators, including 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 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. Our city s strength has