Mayor Lightfoot and World Business Chicago announce the return of the Chicago Venture Summit Future-of-Food


After its inaugural success with two sold-out industry summits in 2022, the Chicago Venture Summit series returns in 2023 with Future-of-Food this May 3-4

CHICAGO, February 2, 2023 /PRNewswire/ — Mayor Lori E. Lightfoot has joined World Business Chicago (WBC) to announce the return of the Chicago Venture Summit series focused on the future of food. Chicagoland’s flagship startup and venture capital conference will return this May 3-24, 2023, at the iconic 167 Green Street in the city’s Fulton Market area. The eighth summit since its launch in 2014, the Chicago Venture Summit connects local founders with investors, invites national and global industry leaders to explore the region’s thriving startup ecosystem, and promotes Chicagoland as the global capital of food and agricultural innovation.

Chicago Venture Summit, Future of Food, May 3-4, 2023

Chicago Venture Summit, Future of Food, May 3-4, 2023

“As Mayor of the World’s Food Capital, I am thrilled to welcome the world back to our city for the next Chicago Venture Summit,” said Mayor Lightfoot. “There’s no better city when it comes to the future of this critical sector. From alternative proteins, restaurant technology, new products from various founders and more, Chicago really has it all.”

The Chicago Venture Summit is one of World’s Business Chicago’s flagship innovation and venture capital programs. In 2022 alone: ​​The Chicago Venture Summit welcomes more than 1,500 founders, Fortune 500 leaders, industry innovators and investors for Future-of-Food and Future-of-Logistics events. Both events represent the greatest highs in the program’s history.

“The Chicago Venture Summit has grown from a local event to a premier global experience,” said Marc Tebbe, Chairman of the Innovation and Venture Council of World Business Chicago. “And since the height of the pandemic, the Chicago Venture Summit has become a precursor event that brings together the next generation of startups with leading industry experts and investors.”

“As the most diverse economy of any metropolitan area in United Statesthe food business continues to be one of Chicagoland’s most competitive and growing industries,” said Michael FassnachtPresident and CEO, World Business Chicago, and Chief Marketing Officer, City of Chicago. “Since our first corporate summit focused solely on ‘the future of food’ in 2022, we’ve been excited to share the latest trends and innovations in food and agriculture – anything that can be explored right here in Chicago and its region.

World Business Chicago is proud to announce that Ferrero, Microsoft, Quaker Foods North America and Shapack Partners will be the Presenting Sponsors of the 2023 Summit.

Chicago is an essential hub contributing to the current and future growth of Ferrero. Our iconic brands Butterfinger and Baby Ruth are made in Franklin ParkKeebler cones and crusts are made in our factory on 110e Street, and a new downtown innovation center will include our North American R&D labs,” said Alanna CottonPresident and CEO of Ferrero North America, and board member of World Business Chicago. “We are committed to supporting Chicago vibrant community of food entrepreneurs, which is why we’re thrilled to return as a sponsor of the Chicago Venture Summit Future-of-Food.”

“With Microsoft’s mission to empower every person and every organization on the planet to achieve more, we’re thrilled to be a presenting sponsor of Chicago Venture Summit 2023 and proud of the role we play. in the food and agricultural industries,” said Matt Renner, president of US Enterprise Commercial for Microsoft and board member of World Business Chicago. “Whether it’s innovating to drive farmers’ productivity and sustainability through data and insights into their crops and soils, or providing technology to the food and beverage industry to optimize the flow inventory and build resilient supply chain systems, Microsoft is all about empowering a thriving food and farming ecosystem across the greater Chicago the region and the world.”

“Quaker is thrilled to support World Business Chicago and the growth of its enterprise summit series through our continued sponsorship of the Chicago Venture Summit Future-of-Food event,” said Robbert Rietbroek, general manager and vice -Senior Chairman of Quaker Foods North America, a subsidiary of PepsiCo and member of the Board of Directors of World Business Chicago. “As one of America’s fastest-growing major food companies, Quaker looks forward to welcoming people from around the world to its hometown of Chicago to discover all the city has to offer regarding food industry innovators.”

“Since my arrival at Chicago two years ago, Cooley was thrilled to support and fuel the continued expansion of the startup and enterprise ecosystem, and in particular, we are excited to work with the entrepreneurs and investors who are leading the way in foodtech and agtech verticals,” said Greg Grosman, co-founder and co-head of the group of companies for Cooley Chicago. “Our continued partnership with the Chicago Venture Summit is a key ingredient to our success in this region.”

World Business Chicago is also proud to announce that all Greater Chicagoland Economic Partnership (GCEP) counties are Innovation Sponsors for this year. This includes: Cook CountyChoose DuPage, Kane County, Kendall CountyLake County Partners, McHenry County Economic Development Corporation and Will County Center for Economic Development.

“Chicagoland offers all the vital assets and resources you need to be a world-class food company: from food processing and distribution to agricultural experts to food safety pioneers,” said Greg BedalovPresident and CEO of Choose DuPage. DuPage County is one of seven official partners of the Greater Chicagoland Economic Partnership. “Home to many of the world’s most renowned food producers, the seven counties of the Greater Chicagoland Economic Partnership are excited to show the world why our region is the best place to open and grow innovative food businesses.”

For the fourth time, the Chicago Venture Summit returns to 167 Green in Chicago Fulton Market District. The 640,000 square foot office building, developed by Shapack Partners and Focus and owned in partnership with Walton Street Capital, is a testament to its location and design. Recently, CCC Information Services, Foxtrot and others announced the move of their headquarters to the building, joining Kroll, WeWork and other innovative companies located at 167 Green in the Fulton Market District. 167 Green presents one of the Chicago the largest spaces in City Hall, which doubles as a full-size basketball court on the top floor of the building, as well as a rooftop terrace, lounge, game room, and of a gym.

“We are thrilled to host the Chicago Venture Summit Future-of-Food at 167 Green’s Town Hall in Chicago Fulton Market District,” said Jeff Shapack, Founder and CEO of Shapack Partners and Board Member of World Business Chicago. “Chicago is home to over 50 James Beard Award winners, and we are committed to supporting the food and agriculture sector towards sustainability and innovation, right here in our hometown. »

As part of WBC’s mission to drive inclusive economic growth, a portion of the proceeds from this year’s Chicago Venture Summit will be donated to Don’s Chicago Dream, the Greater Chatham Initiative and La Casa Norte. You can learn more about the Chicago Venture Summit Future-of-Food 2023 via Registration for the invite-only investor and startup conference will open in the coming weeks. For more information please contact Lauren BackeWorld Business Chicago Lead for the Chicago Venture Summit series: [email protected]

World Business Chicago is playing a critical role in driving an inclusive and equitable recovery across the city’s 77 neighborhoods, focused on high-growth sectors: transportation, distribution, and logistics; manufacturing; healthcare and life sciences, and our local innovation, start-up and venture capital ecosystem. As the of the city of Chicago economic development agency, World Business Chicago leads in business attraction and retention, workforce and talent, community impact and promotion of Chicago as a leading global city. Backed by a board of more than 300 local leaders, World Business Chicago’s portfolio of innovation and venture capital programs includes: The Chicago Venture Summit Series, Startup Chicago, ThinkChicago, and Venture Engine with the Illinois Science and Technology Coalition (ISTC). Follow World Business Chicago on LinkedIn for daily news and announcements on company relocation and expansion; industry and ecosystem growth, US and global rankings, and more about Chicago economic progress.



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