Chicago’s socioeconomic challenges have led policymakers to seek solutions for expanding economic opportunities, particularly through venture capital, which has historically been inaccessible to marginalized communities.

This paper analyzes the current state of early stage capital in the Chicago metropolitan area, focusing on the accessibility of capital, networks, and knowledge to these communities, and examines the effectiveness of P33’s initiatives over the past three years.

Chicago’s venture landscape is poised for transformation with the foundation laid by local stakeholders. By leveraging existing momentum and focusing on inclusivity and accessibility, Chicago can emerge as a leading venture ecosystem, driving economic vitality and innovation. We hope this paper conveys the urgency for immediate action, inspiring all stakeholders to leverage capital, networks, and knowledge for a prosperous future. Click here for the full report.