2019 Annual Report About World Business Chicago

LOCAL IMPACT. GLOBAL REACH. 2019 ANNUAL REPORT ABOUT WORLD BUSINESS CHICAGO

WHO WE ARE OUR MISSION OUR VISION

World Business Chicago is Chicago’s public- Our mission is to drive inclusive economic Our vision is to ensure that all private economic development agency. growth and job creation, support business, and Chicagoans prosper. promote Chicago as a leading global city.

HOW WE DO IT

ACTIVATING LOCAL IMPACT AMPLIFYING GLOBAL REACH

BUSINESS DEVELOPMENT GLOBAL STRATEGIC INITIATIVES Promoting Chicago’s talent, technology, transportation, infrastructure, housing Attracting foreign investment and facilitating joint ventures, partnerships, and cultural resources to companies across the nation and globe. and intergovernmental agreements.

NEIGHBORHOOD AND STRATEGIC INITIATIVES CHICAGO SISTER CITIES INTERNATIONAL Promoting Chicago’s neighborhoods as strong sites for business locations, Celebrating cooperation and understanding through citizen diplomacy, and expansion. including 29 sister cities, 600+ volunteers, and global partnerships.

CHICAGONEXT Advancing Chicago’s tech ecosystem by building a strong platform for inclusive growth in Chicago’s innovation economy.

2 2019 ANNUAL REPORT TABLE OF CONTENTS

Letter from the Chair 4 Letter from the Vice Chair and the President & CEO 5 A Snapshot of 2019 6-7

ACTIVATING LOCAL IMPACT 8 BUSINESS DEVELOPMENT OVERVIEW 9 New and Expanding Companies 10 Why Companies Choose Chicago 13 Case Study: The Old Post Office 15

NEIGHBORHOOD AND STRATEGIC INITIATIVES OVERVIEW 16 NSI Program Highlights 17

CHICAGONEXT OVERVIEW 18 ThinkChicago 19 Blackstone Inclusive Entrepreneurship Challenge 19

AMPLIFYING GLOBAL REACH 20 GLOBAL STRATEGIC INITIATIVES OVERVIEW 21 International Travel & Partnerships 22 Global Reach 23

CHICAGO SISTER CITIES INTERNATIONAL OVERVIEW 24 Spotlight: 10th Sister City Anniversary – Bogotá, Colombia 25 Case Study: Global Youth Ambassadors Leadership Program 27

CHICAGO CONSULAR CORPS GALA 28

WBC Fellowship Program 29 Strategic Partnerships 30 Financials 31 Supporters 32 Acknowledgments 32

WORLD BUSINESS CHICAGO 3 LETTER FROM THE CHAIR

From our early days as a frontier trading outpost to the thriving Selection Magazine and IBM Global Location Trends report global city we are today, resilience has long been a hallmark of named Chicago as the #1 U.S. metro for corporate relocations Chicago and our residents. and expansions and #1 metro for foreign direct investment in North America, respectively. For the third year in a row, Condé Chicago has survived and even thrived in crisis. The city was Nast Traveler ranked us as the “Best Big City” in the U.S.; and, we nearly wiped out by the Great Chicago Fire, plagued by the Spanish continued to rank in the Top 10 in the world for our growing tech flu, assaulted by the Great Loop Flood, visited by blizzards, polar sector, strong academic institutions, and vibrant entrepreneurial vortexes, deadly heat waves, and more. We learned from each of and venture ecosystem, which includes 1871, the #1 private these challenges throughout time and those lessons learned have business incubator in the world. strengthened and prepared us for today’s work and the difficult road ahead. Throughout this 2019 Annual Report, you will see why Chicago has consistently been the city where companies want to invest, Throughout our history, Chicagoans, of every stripe – young, old, grow, and expand. From our powerful technology and innovation of every race, color, and creed have risen up and asked, “How can ecosystem, to food manufacturing, transportation, distribution I help?” This is what defines us as Chicagoans. It is this spirit that and logistics, healthcare and life sciences, tourism and hospitality will fuel our city’s recovery in the months and years ahead. – to our diverse network of neighborhoods and our people – World Business Chicago, its board of directors, leadership, Chicago is second-to-none. partners, sponsors, and relationships throughout the world, are Sincerely, important elements of our 'all-hands-on-deck' strategy to not only maximize resources, but also increase efficiencies in a coordinated and collective effort to create real, widespread, and equitable economic recovery. While the task of returning to a growing economy in Chicago is daunting, I am heartened by the Lori E. Lightfoot many assets we have to build on and the opportunity to address Mayor, City of Chicago the disparities that have held us back. Chair, World Business Chicago In 2019, Chicago’s strength’s and status as a leading global city continued to be recognized. For the seventh year running, Site

4 2019 ANNUAL REPORT LETTER FROM THE VICE CHAIR AND THE PRESIDENT & CEO

As a global pandemic endangers our health and economic As part of our work to support our neighborhood small business conditions threaten our livelihoods, our city, our nation, and our community, we launched ChiBizHub.com. This unique online world are currently under siege. It will take all of our efforts to portal links expert service providers to Chicago’s small combat and overcome this moment. businesses, entrepreneurs, and startups looking to start, scale, and accelerate their business. The portal is visited by thousands World Business Chicago’s mission to drive inclusive economic who seek real-time information and resources for available growth, job creation, and promote Chicago on the global stage is loans, grants, events, business planning, and counsel. critical to strengthen, diversify, and ultimately realize, economic recovery for our city. We are grateful to have your support and Chicago’s connectivity to the world is stronger than ever. It is now partnership. home to more than 1,900 foreign-based companies, representing over $140 billion in cumulative investments. Last year, World We want to take this opportunity to recognize Governor J.B. Business Chicago represented the city in several international trips Pritzker, Mayor Lori E. Lightfoot and their administrations for and welcomed visiting delegations, efforts that are important in their leadership and commitment to our city and state during sustaining strong economic and collaborative relationships that this difficult time. We also recognize and thank all those who drive local investment. Complementing our global efforts is the work have stepped up to help, especially our healthcare workers, of our Chicago Sister Cities International initiative, which continues first responders, and essential workers who are serving on the to be the largest and most active sister city program in the U.S. front lines. It is our privilege to work with an incredibly dedicated board of Enclosed, please find World Business Chicago’s 2019 Annual directors, sponsors, partners, staff, fellows and volunteers. Thank Report. As you will see, we continued to drive inclusive economic you. Your support makes it possible for World Business Chicago growth and job creation. Our annual Tech Day brought together to achieve its mission here and throughout the world. We look 15 local innovative companies to announce the development forward to working with you in the months and years to come. of at least 2,000 jobs. A number of businesses expanded into the neighborhoods including Blue Cross Blue Shield in Morgan Sincerely, Park (550 jobs), Farmer’s Fridge in Garfield Ridge (170 jobs) and Evanston Technology Partners in Bronzeville (130 jobs). We also saw The Old Post Office, a 2.5 million-square-foot building, open its doors to thousands of office workers from Walgreens, the Chicago Mellody Hobson Andrea L. Zopp Board Options Exchange, Ferrara Candy Company, and others. Vice Chair President & CEO

WORLD BUSINESS CHICAGO 5 A QUICK LOOK BACK A Snapshot of World Business Chicago (WBC) 2019 Milestones

January February March April May June

Formal signing of CRRC Sifang America WBC launches Lori E. Lightfoot sworn in as Mellody Hobson, President & Co- agreement, making plant opening ChiBizHub.com, an online Chicago’s 56th Mayor CEO, Ariel Investments, Sydney, Australia portal for the city’s small named Vice Chair, WBC Chicago’s 29th Sister City business community

Chicago once again named as the #1 Metro for WBC participated in London Tech WBC & Paris & Co. sign Corporate Relocation and Week, engaging with 100+ London Economic Cooperation Expansion for the seventh tech companies, speaking at events Agreement year running, based on and on panels qualified corporate facility investment projects during the previous calendar year

6 2019 ANNUAL REPORT July August September October November December

Delegation to China to Delegation to Bogotá, IBM Global announces that ThinkChicago Chicago WBC hosts Third Annual Jose Luis Prado named continue implementation Colombia in honor of the Chicago is #1 (for seventh Ideas Week hosts 150 of the Tech Day, announcing Chicago Sister Cities of the eight-city Gateway consecutive year) in North nation’s top technology and creation of 2,000 new jobs International Chairman 10th anniversary of the Cities Agreement, visiting America for Foreign Direct engineering students Chicago-Bogota sister city five partner cities including Investment Beijing, Chengdu, Hangzhou, partnership Qingdao, and Shanghai Mayor Lightfoot attends her first ChicagoNEXT Inbound delegation of 10 UK Council meeting tech companies exploring ThinkChicago Lollapalooza Chicago hosts 200 of the nation’s top technology and engineering students

China General Chamber of Commerce “Synergy” event celebrating growth in U.S.- China business relations

WORLD BUSINESS CHICAGO 7 ACTIVATING LOCAL IMPACT

8 2019 ANNUAL REPORT BUSINESS DEVELOPMENT OVERVIEW CHICAGO’S ECONOMY Attracting Business Investment to Chicago

$698B Most Chicago is the Economy diversified most educated economy in of the nation’s 7 the U.S. largest cities.

WBC IMPACT

69 12,185 45% Project Wins Jobs Created Increase in Jobs & Retained Created & Retained

GOOGLE NAMES CHICAGO HOME TO NEW FINANCIAL HUB

Chicago consistently ranks among the best places to do business in the United States. In 2019, Google selected Chicago as the new hub for its WBC’s team collaborates with corporate, government, global and community partners finance division, bringing 1,000 jobs from the West Coast and to attract business investment, drive inclusive growth, and sustain a connected and demonstrating the city’s position as a global leader in tech and supportive climate conducive to successful commerce. In 2019 our efforts focused innovation. on a number of key areas, including: “We looked at a lot of cities to find the right home for our new

• Cannabis • Real Estate & Site Selector Outreach team and decided that Chicago’s culture, diversity and strong • Economy 2030 • Technology emphasis on community makes it a perfect fit for Google.”

• Food & Beverage • Transportation, Distribution - Karen Sauder, Google Vice President of Sales • Opportunity Zones & Logistics and site lead for Chicago

WORLD BUSINESS CHICAGO 9 NEW & EXPANDING COMPANIES IN 2019 IN CHICAGOLAND

10 2019 ANNUAL REPORT WORLD BUSINESS CHICAGO 11 CHICAGO TECH DAY 2019 Chicago Named Top Metro for New and Expanding Companies Mayor Lori E. Lightfoot, WBC, ChicagoNEXT and 15 local tech company In 2019, Site Selection Magazine, a national publication, leaders including, Relativity, SpotHero, and VillageMD, announced named Chicago as the #1 Metro for corporate relocation and the development of at least 2,000 jobs through 2020. This program expansion, for the seventh year running, ]accounting for $5B in underscores our mission and commitment to ensuring the richness of local investment. The magazine tracked thousands of business economic growth reaches throughout our robust communities. expansions and relocations in 2019 and chose Chicago because of its “entrepreneurial and neighborhood development momentum, as well as organizations like World Business Chicago, ChicagoNEXT and P33 focused on attracting young talent to the city and fostering international investment along with the city’s infrastructure investment and drive for economic inclusion.”

The magazine also recognized WBC as a top economic development agency, awarding its annual Mac Conway Award of Excellence. Recipients of this award are scored based on total projects, total investment associated with those projects, jobs associated with those projects and per capita calculation of those same metrics.

12 2019 ANNUAL REPORT WHY COMPANIES CHOOSE CHICAGO

TALENT & Chicago is a magnet for top talent, driving global innovation and transformation INNOVATION #1city for #1 ranked 370 38.4% women private business incubator startups of residents hold a founded launched bachelor’s degree startups annually

ECONOMIC Home to more than 400 major corporate headquarters and facilities, Chicago’s economy is one of the most diverse and resilient in the world STRENGTH No industry accounts for more than 2nd most 20% 14% GDP Fortune 500 HQ’s in the U.S. of global derivatives trading GLOBAL Chicago is a global gateway CONNECTIVITY

1,900 #1 in North America for $140B foreign-based foreign direct investment for #1 most connected airport In foreign direct companies seven consecutive years in North America investment NEIGHBORHOODS Chicago is a forward-looking city, home to 77-distinct neighborhoods

& COMMUNITIES #1 most welcoming city #1 hottest affordable 100 rating for immigrants neighborhood on the Human Rights Campaign Municipal Equality Index 130+ languages spoken in the U.S. QUALITY Whatever home means to you, you can find it in Chicago

OF LIFE Crowned the country's Best Big Chicago has the 7th Best Urban 98% of residents live within a City for a record Transportation System globally 10-min walk to a park third year in a row WORLD BUSINESS CHICAGO 13 SPOTLIGHT FARMER’S FRIDGE

“I am deeply grateful to this city for its incredible support of entrepreneurship. Based on the powerful local network of talent, resources, mentorship and investment, we’ve been able to expand Farmer’s Fridge over the past six years from a single location to more than 350 fridges.”

Luke Saunders Founder & CEO | Farmer's Fridge

14 2019 ANNUAL REPORT CASE STUDY THE OLD POST OFFICE Economic Growth Driving Real Change

Chicago saw a measure of revitalization in 2019 that blended the influence of the past with the evolution of the future. The renowned landmark, The Old Post Office, a doorway to Chicago’s downtown and lakefront returned to life as a headquarters hub for innovative companies including, Ferrara Candy, Walgreens, and two Kroger-owned companies – Home Chef and 84.51o – scaling their respective footprint and workforce accordingly. This broad-shouldered 2.5 million-square-foot building was renewed by an $800 million adaptive reuse investment. Today, it’s an authentic representation of yesteryear, inspired by the vision of tomorrow.

WORLD BUSINESS CHICAGO 15 NEIGHBORHOOD AND STRATEGIC INITIATIVES OVERVIEW Advancing Inclusive Growth for All

SPOTLIGHT CHIBIZHUB Since its launch in April 2019, ChiBizHub.com has grown as a digital resource website and portal connecting a growing network of service providers offering a wide variety of services to small businesses. The site efficiently links these resource rich organizations to one another and provides a bridge to established, emerging and startup companies throughout the region. Since its creation, ChiBizHub has amassed 150 resource providers, worked with 519 active clients, and ranks third among SourceLink providers in the United States. WBC looks forward to continuing In 2019, Neighborhood and Strategic Initiatives (NSI) drove diverse community to expand and increase opportunities for thriving enterprises to growth across all areas, from small business support and workforce and economic come in the future. development to community advocacy:

• Reached over 2,000 businesses, universities, hospitals, corporations, and community- “In less than a year, the ChiBizHub team has done a based organizations, directing over $400,000 in resources and expertise to low-to- remarkable job forging a strong network of resource partners, moderate income neighborhoods. connecting Chicago entrepreneurs and business owners • Facilitated $3 million in procurement contracts, opening doors for 15 small-and- to the right resource at the right time. The dedication to medium-sized enterprises while ensuring eight businesses receive advance business serving Chicago businesses sets an inspiring lead among the management coaching from the University of Chicago and Northwestern University. national SourceLink network, with ChiBizHub ranking among the top 20% for requests for assistance.” • Regularly convened 12 West Side faith-based organizations and 18 local workforce Rob Williams development agencies, providing employment resources and opportunities to several Director, SourceLink hundred community residents.

16 2019 ANNUAL REPORT NSI PROGRAM HIGHLIGHTS THE CORRIDOR REVITALIZATION INITIATIVE – CHICAGO WEST SIDE MINISTERIAL ALLIANCE CENTRAL AREA COMMITTEE (CCAC) EMPLOYMENT INITIATIVE

Once thriving and vibrant centers of neighborhood commerce, retail In collaboration with the Mayor’s Office and Chicago Cook Workforce corridors on the South and West Sides of Chicago have experienced Partnership, WBC convened four Ministerial Alliance events which included significant disinvestment and high commercial vacancy rates. In June nine churches and 18 active workforce development agencies. An ongoing 2019, in coordination with community partners, the NSI team launched a goal of the initiative is to connect workforce development agencies with revitalization effort designed to improve the look and feel of select retail church congregants, giving them the support needed to prepare for, and secure, corridors. CCAC, a consortium of professionals engaged in urban planning employment. Two workforce agencies identified funding for four employment projects, built teams of professionals with specialties in law, design, coordinators who will be physically located in west side churches in North architecture, real estate development, property title analysis, and planning. Lawndale, East Garfield Park, West Garfield Park, and Austin, that began in Q1 These teams focused on providing support and enhancing existing of 2020. revitalization plans for five key retail corridors. Working with community HOSPITAL LAUNDRY LINEN CO-OP partners and key stakeholders, CCAC formalized actionable plans by analyzing over 200 property PINS, giving community organizations much NSI led efforts to develop a laundry linen cooperative on Chicago’s west side, needed information on ownership, tax status, liens, and zoning. In addition, replicating the successful Evergreen Cooperative model currently operational it prepared architectural renderings for storefront improvement, gateway in Cleveland, Ohio. To date, NSI has engaged seven hospitals and community signage, and streetscape design. These services valued at $350,000 also partners who, working together, will issue blueprints for plans in June 2020. leveraged the momentum underway to revitalize South and West Side When fully scaled, the cooperative will support 250 meaningful jobs offering retail corridors. living wages, owner opportunities, profit-sharing and career support.

WORLD BUSINESS CHICAGO 17 CHICAGONEXT OVERVIEW Driving Growth for Chicago’s Tech Economy

In 2019, Chicago’s growing tech sector, strong academic institutions, and vibrant entrepreneurial and venture ecosystem continued to abound.

ChicagoNEXT, supported by a cross-sectional leadership council, is WBC’s dedicated initiative to driving inclusive growth through Chicago’s tech and innovation ecosystem. Strategic focus areas include access to early-stage capital, tech talent attraction and retention, industry and university partnerships to foster innovation, and the empowerment of underserved communities through entrepreneurship. In 2019, Chicago’s tech sector collaborated on several of ChicagoNEXT’s core programs, ThinkChicago and the Blackstone Inclusive Entrepreneurship Challenge.

18 2019 ANNUAL REPORT THINKCHICAGO BLACKSTONE INCLUSIVE ENTREPRENEURSHIP CHALLENGE

ThinkChicago attracts and recruits diverse top collegiate tech talent from The Blackstone Inclusive Entrepreneurship Challenge advances comprehensive universities across the country to work and live in Chicago after graduating. growth by continuing its mission of investments in support of new ventures and The bi-annual program occurs every spring and fall in conjunction with job creation. WBC launched the program’s third year in July 2019 with $1 million Lollapalooza and Chicago Ideas Week. The selected students are given divided between three cohort organizations: West Side Forward, Bunker Labs, behind-the-scenes access, opportunities to meet civic and business leaders, and Future Founders. The continued priority for this final year is on raising the and network with Chicago-based startups and corporations. In its seventh visibility of the grantees programs and impact with a key focus on continuation year, the 2019 class saw an increase from the prior year with 350 students beyond the challenge itself. attending hosted events. • 2,256 entrepreneurs engaged 2019 Sponsors • 1,393 participants via program events Lead Sponsor • 706 workshops/courses delivered

• 13 new companies formed 2019 Impact

22 Majority 61 states of participants were Universities represented students of color and female Represented

technology companies and innovation 42 hubs formed partnerships with us

WORLD BUSINESS CHICAGO 19 AMPLIFYING GLOBAL REACH

20 2019 ANNUAL REPORT GLOBAL STRATEGIC INITIATIVES OVERVIEW Chicago is a Global Leader and Top Destination for Business

Chicago’s longstanding commitment to a growth-minded strategy continues to yield economic and job dividends. In 2019, for the seventh year in a row, Chicago was ranked #1 in North America for Foreign Direct Investment, according to the IBM Global Location Trends report.

WBC continued to represent the city by organizing and hosting inbound and outbound international business and government missions, and welcoming global leaders. Concurrently, WBC formed new partnerships and strengthened existing economic agreements, bringing new jobs and talent to Chicago.

1,900 100 250 foreign based international chambers FDI projects companies of commerce

80+ 29 consulates sister cities

WORLD BUSINESS CHICAGO 21 INTERNATIONAL TRAVEL AND PARTNERSHIPS Strengthening Relationships Abroad

WBC LED SEVERAL OUTBOUND MISSIONS IN 2019, INCLUDING:

CHINA

LONDON & PARIS WBC led a mission to China in July, engaging with over 150 companies, holding forums and city government meetings In February, a Chicago delegation organized by WBC with five of our eight Gateway city partners: Beijing, Chengdu, visited London to meet with Mayor Sadiq Khan and key Hangzhou, Qingdao, and Shanghai. business, government and academic organizations, strengthening the Chicago-London Data Alliance signed in 2016. During this trip, WBC signed a new collaboration agreement with the city of Paris and WBC counterpart Paris & Co. The Paris itinerary included the C40 Women4Climate Summit.

In June, WBC led a mission to London Tech Week. While there, the team engaged with over 100 technology companies and participated in several events including the Innovation Festival, the Be Local but Act Global event and World FinTech Day.

22 2019 ANNUAL REPORT GLOBAL REACH Developing & Sustaining Long Term Relationships

Our city’s most active partnerships include China, London, Paris and Tel Aviv.

WBC AND PARIS & CO. COOPERATION AGREEMENT – PARIS, FEBRUARY 2019 Mutually beneficial economic cooperation among global cities and countries Andrea L. Zopp, President & CEO of WBC is crucial to ensuring Chicago’s economic growth, job creation, and prosperity. with Anne Hidalgo, Mayor of Paris, signed the The city remains competitive on the international stage because of our agreement on February 21, 2019, encouraging commitment to a global strategy of cultivating and sustaining ties with economic activity between Paris and Chicago foreign partners and maintaining longstanding relationships. with a focus on innovation and technology. To that end, Chicago has six signed economic development agreements with: WBC AND PERES CENTER OF • China (Beijing, Chengdu, Hangzhou, Qingdao, Shanghai, Tianjin, and ISRAEL – CHICAGO, APRIL 2019 Wuhan) • Country of Japan The City of Chicago, WBC, and the Peres • London, United Kingdom Center for Peace and Innovation agreed to • Mexico City, Mexico work together on innovation collaboration, • Paris, France community development, and knowledge • Tel Aviv, Israel sharing, with an emphasis on promoting inclusion and diversity for a positive impact on all communities.

WORLD BUSINESS CHICAGO 23 CHICAGO SISTER CITIES INTERNATIONAL OVERVIEW Building Bridges For A Global City

In February 2019, Chicago and Sydney, Australia signed an agreement making Sydney our 29th Sister City SPOTLIGHT and expanding Chicago’s sister city network to every inhabited continent in the world. Through Chicago SOCIAL SERVICES EXCHANGES Sister Cities International (CSCI), Chicago has the largest and most active sister city program in the U.S. CSCI has more than 600 committed volunteers, dedicated to building partnerships with our sister cities through cultural arts, global education, government relations, and international business. In 2019, CSCI hosted 44 programs and organized 15 international delegations that connected communities across borders.

CSCI HIGHLIGHTS

Jose Luis Prado Named Chairman

In November, Jose Luis Prado was named Chairman of Chicago Sister Cities International, replacing Samuel C. Scott III who stepped down after 10 years of service. In 2019, four exchanges took place between social service providers in Chicago and its sister cities to discuss aging and hospice care, youth Kizuna 8 (March) programs and youth violence prevention, LGBTQ advocacy, and other In commemoration of the 2011 Great East Japan issues facing our cities: inbound Durban, South Africa; inbound Osaka, Earthquake and Tsunami, the Osaka Committee Japan; outbound Shanghai, China and outbound Tri-City (Hamburg, hosted the 8th Annual Kizuna Photo Exhibition and Germany and Chicago hosted by Birmingham, United Kingdom). Ceremony.

24 2019 ANNUAL REPORT SPOTLIGHT 10TH SISTER CITY ANNIVERSARY BOGOTÁ, COLOMBIA

In August 2019, a Chicago-delegation led by Andrea L. Zopp, President & CEO of WBC, travelled to Bogotá in honor of the 10th Sister City anniversary. The visit included meetings with local government counterparts and a keynote address to 90 high school students about CSCI’s Global Youth Ambassadors Leadership Program, with a focus on sharing the power of connecting young women across the globe to build leadership skills and cross-cultural awareness.

At the anniversary reception, the Bogotá Committee of CSCI and Chicago-based hearing aid company, Beltone, presented a donation of hearing aids, batteries and software valued at $250,000 to the Colombian Institute of Audiology and Language. Since 2007, Beltone has donated over $1 million in hearing aids to Chicago’s sister cities of Bogotá, Colombia, Amman, Jordan, and Casablanca, Morocco.

WORLD BUSINESS CHICAGO 25 Vilnius, Lithuania Delegation (June) Casablanca Mural (October)

Mayor Remigijus Šimašius led a delegation of The Casablanca Committee unveiled a mural in members from the City of Vilnius to Chicago for the Chicago’s Wabash Arts Corridor, painted by artist Chicago Council on Global Affairs’ Forum on Global DYNAM (Younis Amriss), as part of an art exchange Cities. CSCI arranged several meetings to introduce launched in 2017 to celebrate the 35th anniversary them to Chicago’s vibrant tech scene. of the partnership between the two cities. In 2018, Chicago artist Sam Kirk became the first woman to Hamburg, Germany Delegation (June) create a mural for Casablanca’s annual CasaMouja Festival. Senator Melanie Leonhard led an 8-person social services delegation, including members of Hamburg Pride, to Chicago. In addition to site visits to several of CSCI Medical Initiative (October) Chicago's social service providers, Senator Leonhard Through a generous ongoing grant from the Lynn met with Mayor Lori E. Lightfoot at the Chicago Pride Sage Cancer Research Foundation, in conjunction Parade. with the Robert H. Lurie Comprehensive Cancer Center of Northwestern University, a competitive Galway, Ireland Delegation (August) process awarded 22 physicians from 24 of Mayor Mike Cubbard of Galway and a delegation of Chicago’s sister cities with the opportunity to attend city and county officials met with various Chicago the annual Lynn Safe Breast Cancer Symposium cultural and educational institutions, as well as with held in Chicago. CSCI committee members hosted Deputy Mayor Samir Mayekar. the physicians for a boat and walking tour of the city.

Mahatma Gandhi Luncheon (September) Polish Heritage Month Breakfast (October)

The Delhi Committee held its annual luncheon The Warsaw Committee hosted its annual celebrating the legacy of Mahatma Gandhi, and Polish Heritage Month breakfast celebrating the commemorating the 150th anniversary of his birth. community’s contributions to Chicago. Mayor Lori Mayor Lori E. Lightfoot, who keynoted the event, also E. Lightfoot served as the keynote speaker. issued a proclamation on behalf of the city declaring October 2, 2019 Mahatma Gandhi Day in Chicago.

26 2019 ANNUAL REPORT CASE STUDY THE GLOBAL YOUTH AMBASSADORS LEADERSHIP PROGRAM Female Empowerment Around the Globe

The Global Youth Ambassadors Leadership Program inspires globally-minded teenage girls from around the world to be the international changemakers of the next generation. A joint program of CSCI and the University of Illinois at Chicago, the program is aimed at teenage girls (14–16) from Chicago and its 29 international sister cities. As part of the program, CSCI presented the fourth annual Global Youth Ambassadors Leadership Summit from July 20-27, 2019, where 24 girls from Chicago and our international sister cities participated. The girls engaged with the city’s business and civic leaders and participated in workshops, discussions, and presentations on advocacy, activism and leadership, equipping them with the tools to be leaders who make a positive CELEBRATING & EMPOWERING GIRLS impact in the world. THROUGHOUT THE WORLD

SINCE INCEPTION IN 2016: In 2018, CSCI launched Global Youth Ambassadors Leadership Program “satellite” events to expand its impact to a greater number of girls around the 95 GIRLS have attended the Summit since its inception, selected through a competitive world. These workshops bring the spirit of the Chicago Summit to high-impact application process workshops in our sister cities, and are tailored to highlight relevant local leaders and experiences. In August 2019, Andrea L. Zopp, President & CEO of WBC, 24 CHICAGO HIGH SCHOOLS & addressed 90 high school students in Bogotá about leadership followed by 22 COUNTRIES an energetic Q&A session. Three Bogotá alumnae spoke about their Summit represented at the Summit, since its inception experience and encouraged girls to apply. 5 INTERNATIONAL SISTER CITIES SUMMIT MENTORSHIP PROGRAM have hosted global satellite events OVER 360 ALUMNAE Initiated in 2019, the Global Youth Ambassadors Mentorship Program have participated in the overall Global Youth Ambassadors Leadership Program, matched Summit participants with local female leaders. A total of 36 women since its inception from 20 Chicago companies participated as mentors.

WORLD BUSINESS CHICAGO 27 CHICAGO CONSULAR CORPS GALA A Salute to Global Leadership

Chicago’s international, business, and civic leaders joined together for the Chicago Consular Corps Gala, hosted by WBC and CSCI, honoring the Chicago Consular Corps, an international group of Consulates, Consulates General, and Honorary Consulates representing 87 countries around the world. 2019’s event was themed “A Salute to Global Leadership,” celebrating Chicago’s great strengths of cultural diversity and status as a premiere global city.

More than 600 guests attended the black-tie event held at the Hilton Chicago. Attendees raised nearly $800,000 to support the ongoing work of WBC, CSCI, and Chicago Consular Corps scholarships for students at the University of Illinois at Chicago. The Gala’s presenting sponsor and event chair was John Robak, Chief Executive Officer of Greeley and Hansen. Mayor Lori E. Lightfoot and First Lady Amy Eshleman joined the Dean of the Consular Corps, Patricia Maza-Pittsford and Philip Pittsford, as honorary event chairs.

HONOREES

GLOBAL CITIZEN AWARD CORPORATE AMBASSADOR AWARD SAMUEL C. SCOTT III PwC

CHICAGO SISTER CITIES INTERNATIONAL CHICAGONEXT AWARD VOLUNTEER OF THE YEAR AWARD RUBEN D. OCAMPO FUTURE FOUNDERS Bogotá Committee

28 2019 ANNUAL REPORT WBC FELLOWSHIP PROGRAM Expanding WBC’s Capacity and Knowledge Base

Founded in 2012, more than 84 talented professionals have participated in the WBC Fellowship Program, advancing more than 30 programs and initiatives. It is a loaned executive professional development program that expands WBC’s operational capacity while providing Fellows an opportunity to enhance their leadership skills and build connections in the public and private sectors. Fellows lend their skills and expertise to WBC for a three- to six-month period and make a lasting impact on Chicago. A total of 40 different companies and organizations have sponsored Fellows since the program’s inception. WBC welcomed two Fellows in 2019:

FADI SALEM Participating Firms Manager, KPMG

MAGGIE WALSH Manager, Ernst & Young

“The WBC Fellowship presented an opportunity to see “I came to WBC intrigued by how a non-profit is run

Chicago from a new perspective, give back to my community and eager to learn more about Chicago, and I am

in a meaningful way, and allow me to use my business skills walking away with so much more. I am so thankful

differently.” to the WBC and EY staff for giving me this amazing

Fadi Salem opportunity.” 2019 WBC Fellow Manager, KPMG Maggie Walsh 2019 WBC Fellow Manager, Ernst & Young

WORLD BUSINESS CHICAGO 29 STRATEGIC PARTNERSHIPS

NON-PROFITS AND FOUNDATIONS WBC’S BOARD OF DIRECTORS

WBC has built a broad coalition across Chicago through partnerships with WBC’s Board of Directors is comprised of prominent leaders who guide the the public, private and civic sectors to support its work to drive inclusive progression of Chicago’s business climate. growth across the region.

30 2019 ANNUAL REPORT FINANCIALS

REVENUE EXPENSES 2019: $8.9M 2019: $8.8M 2018: $12.6M 2018: $11.8M

Unaudited and Non-GAAP: Amounts are adjusted for GAAP impact in order to reflect operations.

2019 2019 2018 2018

Government Program CCC Gala Personnel Marketing Events Professional Travel Occupancy Private Grants/ Sponsorships CSCI Committee Licenses/Dues/ CSCI Committee Program Specific Grants Revenue Other Income Services and Capital Contributions & Events Income Office Expenses Subscriptions Expenses Expenses

CONTRIBUTED GOODS & SERVICES PROVIDERS 2019 Total: $1,154,263 Baker McKenzie LLP, Bridget McMahon Healy, C3 Presents, Chapman and Cutler LLP, Chicago Cultural Center, Chicago Sky, Cushman & Wakefield, Deloitte Services LLP, DuSable Museum of African American History, Ernst and Young LLP, Goldberg Kohn Ltd., Instituto Cervantes, Katten Muchin Rosenman LLP, KPMG LLP, Loyola University, Magellan Development, Mayer Brown LLP, Mesirow Financial, Parce Rum, Presence Health, Shoreline Sightseeing, Sidley Austin LLP, The River Lee Hotel, United Airlines.

AUDITED FINANCIAL STATEMENTS AVAILABLE AT WORLDBUSINESSCHICAGO.COM/ANNUAL-REPORT Revenue and expenses differ from WBC audited financial statements due to varying classifications. Numbers in the graphics exclude contributed goods and services, depreciation and amortization.

WORLD BUSINESS CHICAGO 31 SUPPORTERS THANK YOU FOR YOUR GENEROSITY

$500,000+ JLL Chicago Transit Authority Winston & Strawn LLP Blackstone Charitable Foundation JLT Specialties Choose Chicago Wintrust Bank City of Chicago The John Buck Company Citadel The Joyce Foundation Clayco $4,999 - $1,000 $100,000 - $499,999 JPMorgan Chase & Co. Cleveland Avenue, LLC Annette Seaberg Aon Corporation Lazard Comcast Bridget McMahon Healy Baker McKenzie LLP* Lefkofsky Family Foundation Cook County Brustin & Lundblad Bank of America Loop Capital Markets LLC Duane Morris Cameo Ernst and Young LLP* Marmon Holdings, Inc. FCB CHICAGO Caroline Shoenberger Exelon Corporation Mesirow Financial* Foley & Lardner Chicago Sky GCM Grosvenor Microsoft Globetrotters Engineering Corp. Consulate-General of the French Republic Grand Victoria Foundation Morgan Stanley Goldberg Kohn Ltd.* Consulate-General of Japan in Chicago Greeley and Hansen Northwestern Memorial Healthcare Greater Cincinnati Foundation Czechoslovak Society of Arts & Sciences KPMG LLP* Peoples Gas Greenberg Traurig, LLP The Diamond Family Foundation Mayer Brown LLP* PNC Grubhub DuSable Museum of African American History Motorola Solutions PricewaterhouseCoopers LLP Heritage Foundation of First Security Idil Ozer Polk Bros. Foundation Pritzker Group Venture Capital Federal Savings Bank Instituto Cervantes United Airlines SP+ Corporation Ingredion Invenergy LLC Wanxiang America Corporation Steans Family Foundation ITW Iouri Melnik Turner Construction Company Jenner & Block LLP James & Mary Ann Hynes $50,000 - $99,999 UL LLC The Jewish United Fund of Metropolitan JGMA AAR Corp. Ulta Beauty Chicago Joyce Chelberg BMO Harris Bank Valor Equity Partners John George Luba Andrus The Boeing Company Ventas, Inc. Katten Muchin Rosenman LLP* Marcelino Garcia BP America Inc. Walgreens Boots Alliance Kirkland & Ellis LLP Metropolitan Pier & Exposition Authority C3 Presents William Blair Lavin Family Foundation Michael J. McNicholas Chicago Bulls Willis Towers Watson Loyola University Midwest Star Group The Chicago Community Trust Magellan Development Group, LLC Natalie Acevedo CIBC Bank $49,999 - $5,000 Mars Wrigley O. John Skubiak Conagra Brands Abbott Laboratories The Robert R. McCormick Foundation Parce Rum Cushman & Wakefield* Abbvie McDonald's Corporation Paul O'Kelly Deloitte LLP* Accenture McKinsey & Company Peter & Michelle Thompson DRW Access Community Health Network Mellody Hobson Presence Health EQ Office Advocate Aurora Healthcare Northwestern University The River Lee Hotel Fifth Third Bank Amita Health Pritzker Traubert Foundation Robert Karr Jr. GE Healthcare Ann & Robert H. Lurie Children's Hospital Riley Safer Holmes & Cancila LLP Shoreline Sightseeing* Gensler Ariel Investments Rush University Medical Center SpotHero Google LLC BNY Mellon SafeSpeed, LLC Sprout Social Grant Thornton LLP Cboe Samuel C. Scott III Swiss Benevolent Society of Chicago Health Care Service Corporation (HCSC) Chapman and Cutler LLP* Satter Foundation Tonise Paul Henry Crown and Company Chicago Association of Realtors Selfreliance Foundation Vasil Truchly Horizon Chicago Cultural Center Sidley Austin LLP* Hyatt Hotels Corporation Chicago Housing Authority WaterSaver Faucet Company

*Includes both monetary and in-kind support

32 2019 ANNUAL REPORT ACKNOWLEDGEMENTS THANK YOU FOR YOUR GUIDANCE AND VOLUNTEER EFFORTS

CHAIR James S. Crown Anthony F. Maggiore Dino Robusto Henry Crown and Company JPMorgan Chase & Co. CNA Financial Lori E. Lightfoot Mayor Mary Dillon Jeff Malehorn Desiree Rogers City of Chicago Ulta Beauty Former President & CEO, World Business Chicago Choose Chicago Steve Easterbrook Jeff Markowitz Kristen Rossi VICE CHAIR McDonald’s Corporation Microsoft Morgan Stanley Mellody Hobson Glen Eden Charles Matthews Dan Ryan President and Co-CEO Weber Shandwick Peoples Gas/North Shore Gas JLL Ariel Investments Donald Edwards Tom McGuinness Michael J. Sacks WORLD BUSINESS CHICAGO Flexpoint Ford, LLC GE Healthcare GCM Grosvenor John Ettelson David E. Moore Diana Sands 2019 BOARD OF DIRECTORS William Blair & Company EQ Office The Boeing Company Carl A. Allegretti Michael Fassnacht Michael H. Moskow Karen Sauder Deloitte LLP FCB Chicago The Chicago Council on Global Affairs Google LLC Jeffrey S. Aronin Steve Fort Oscar Munoz Samuel C. Scott III Paragon Biosciences LLC Turner Construction Company United Airlines, Inc. Corn Products International, Inc. (Ret.) Rita Athas Alex Gourlay Pin Ni David Simas Former President & CEO, World Business Chicago Walgreens Boots Alliance and Walgreens Wanxiang America Corporation Obama Foundation John Atkinson Antonio Gracias Vicki Noonan James Skogsbergh Willis Towers Watson Valor Equity Partners Cushman and Wakefield Advocate Aurora Health Marc Baumann Raj Gupta Michael O’Brien Jud Snyder SP+ Corporation ESD JLT Specialty USA Ernst & Young LLP Dave Biegger Dean M. Harrison Michael Palumbo Vik Sohoni Conagra Brands Northwestern Memorial HealthCare MJP Capital McKinsey & Company Greg Brown Lori Healey Angelo Pantaleo J. Douglas Sparkman Motorola Solutions Metropolitan Pier and Exposition Authority Marmon Holdings, Inc. BP Products North America, Inc. John Buck Mellody Hobson Allyson Park Paula Steiner The John Buck Company Ariel Investments Mars Wrigley Health Care Service Corporation Martin Cabrera John M. Holmes Henry M. Paulson, Jr. Scott C. Swanson Cabrera Capital Markets, LLC AAR Corp. The Paulson Institute PNC Bank Debra A. Cafaro Mark S. Hoplamazian Jose Luis Prado Donald Thompson Ventas, Inc. Hyatt Hotels Corporation Evans Food Group, LTD Cleveland Avenue, LLC David J. Carlins Mark Hoppe Richard S. Price Peter Thompson Magellan Development Group, LLC Fifth Third Bank Mesirow Financial Lazard Frères & Co. Gregory C. Case Linda Imonti Paul C. Reilly Ed Tilly Aon plc KPMG LLP Bank of America N.A./U.S. Trust Cboe Global Markets David R. Casper Steve Kersten Michael Reinsdorf Glenn F. Tilton BMO Harris Bank WaterSaver Faucet Company Chicago Bulls, United Center United Continental Holdings, Inc. (Ret.) James B. Coleman James P. Kolar Jim Reynolds Vince Tomkinson Accenture PricewaterhouseCoopers LLP Loop Capital Grant Thornton Sean Connolly Eric Lefkofsky Larry Richman Glen Tullman Conagra Brands Tempus Labs, Inc. CIBC Bank USA Livongo Health Christopher Crane Nila R. Leiserowitz John C. Robak Timothy Walbert Exelon Corporation Gensler Greeley and Hansen Horizon

WORLD BUSINESS CHICAGO 33 ACKNOWLEDGEMENTS CONTINUED

Keith E. Williams Gensler Amman, Jordan Milan, Italy UL LLC Amy Skaggs Committee Chair: Philip Palmer Committee Chair: Joe Monastero Don Wilson JLL Americas Athens, Greece Moscow, Russia DRW Kathryn Ditmars Committee Co-Chair: Nick Black Committee Co-Chair: Aleksandra Efimova James P. Zallie McDonalds Committee Co-Chair: Demetrios Kozonis Committee Co-Chair: Laura Yergesheva Ingredion Incorporated Manish Yadav Belgrade, Serbia Osaka, Japan Nikki M. Zollar Loop Capital Committee Co-Chair: Louis Milicich Committee Chair: Kimiyo Naka Committee Co-Chair: Desko Nikitovic SafeSpeed, LLC Adrienne Pitts Paris, France Mesirow Financial Birmingham, United Kingdom Committee Co-Chair: Brett August Committee Co-Chair: Angela Shepherd Committee Co-Chair: David Reithoffer Jeffrey Levine LEGAL ADVISORY BOARD Committee Co-Chair: Rupert Ward Motorola Solutions Petach Tikva, Israel Bogotá, Colombia Committee Co-Chair: Michael Schmitt LAW FIRM MEMBERS A. Joshua Strickland Committee Chair: Marcelino Garcia Committee Co-Chair: Daniel Shure Baker & McKenzie ULTA Salon Busan, Republic of Korea Prague, Czech Republic Michael L. Morkin Jodi J. Caro Committee Chair: Susan Hollender Committee Co-Chair: Edward Dellin Chapman and Cutler LLP United Airlines Casablanca, Morocco Committee Co-Chair: Joseph Vosicky, Jr. Timothy P. Mohan Jennifer Kraft Committee Co-Chair: Lisa Roberts Shanghai & Shenyang, China Duane Morris Walgreens Committee Co-Chair: Julie Stagliano Committee Chair: Feng Xue John R. Weiss Elena Kraus Delhi, India Social Services Steering Committee Foley & Lardner William Blair Committee Chair: Smita Shah Committee Chair: Kathleen Borland Frank E. Pasquesi Arthur Simon Durban, South Africa Sydney, Australia Goldberg Kohn Committee Chair: Vacant Committee Chair: Vacant Kenneth S. Ulrich CHICAGO SISTER CITIES Galway, Ireland Toronto, Canada Greenberg Traurig Committee Co-Chair: Billy Lawless Committee Chair: Linda Loving John F. Gibbons INTERNATIONAL ADVISORY BOARD Committee Co-Chair: John Wrenn Vilnius, Lithuania Jose Luis Prado Jenner & Block Gothenburg, Sweden Committee Chair: Stanley Balzekas Craig C. Martin Chairman, Chicago Sister Cities International Committee Co-Chair: Don Ahlm Warsaw, Poland Rita Athas Committee Co-Chair: Annette Seaberg Katten Muchin Committee Co-Chair: Iwona Bochenska Former President & CEO, World Business Chicago Gil M. Soffer Hamburg, Germany Committee Co-Chair: Conrad Nowak Kirkland & Ellis Monique Austin Committee Co-Chair: Rolf Achilles Committee Co-Chair: Johann Christoph Lichtenfeld James H. M. Sprayregen Lucerne Committee Co-Chair CHICAGONEXT COUNCIL Mayer Brown Chris Clark Humanitarian Committee Mark Tebbe Marc F. Sperber Motorola Solutions, Inc. Committee Chair: Susan Leonis Chair, ChicagoNEXT Sidley & Austin Laura Ferris Anderson Kyiv, Ukraine Chris Abbinante Chris Abbinate JPMorgan Chase & Co. Committee Co-Chair: Vera Eliashevsky Sidley Austin LLP Committee Co-Chair: Yuriy Figel Winston & Strawn Daniel J. Lynch Godard Abel Brian M. Schafter United Airlines Lahore, Pakistan G2 Conrad Nowak Committee Co-Chair: Tariq Butt GENERAL COUNSEL MEMBERS Committee Co-Chair: Tariq Malhance Alya Adamany Woods Warsaw Committee Co-Chair Intersect Illinois Ariel Investments Lucerne, Switzerland Wendy Fox Committee Co-Chair: Monique Austin Ajay Aggarwal CHICAGO SISTER CITIES Committee Co-Chair: Marc Lacher Nutanix BP America Inc. INTERNATIONAL COUNCIL OF CHAIRS Stephen C. Lee Mexico City, Mexico Haven Allen Accra, Ghana Committee Co-Chair: Adriana Escarcega mHub Chicago Bulls Committee Chair: Beatrice Tayui Committee Co-Chair: Alejandro Silva Ram Padmanabhan Laura Ferris Anderson JPMorgan Chase & Co.

34 2019 ANNUAL REPORT Andrew Appel Sean Brown Don DeLoach Laura Frerichs IRI Worldwide yCharts Rocket Wagon Venture Studios University of Illinois at Urbana-Champaign Jeff Aronin George Burciaga Jeremy Docken Steven Galanis Marathon Pharmaceuticals IGNITE Cities Kalderos Cameo Roxanne Atienza Jeff Cantalupo Vahe Dombalagian Ezra Galston Illinois Science & Technology Coalition Listen Ventures Madison Dearborn Partners Starling Line TJ Augustine Stan Chia Jim Dugan Mike Gamson University of Illinois at Chicago Vivid Seats OCA Ventures Relativity Jeremie Bacon Sean Chou Kristi Dula Sonny Garg Illinois Technology Association Catalyti Illinois Department of Commerce & Economic Opportunity Uptake David Baker Lon Chow Glenn Eden Chris Gladwin America's Urban Campus Method Capital Choose Chicago Ocient Leandro Balbinot Serhat Cicekoglu Derek Eder Al Goldstein McDonald's Sente Foundry DataMade Avant Brian Barnes Andrew Cittadine Don Edwards Steve Gould M1 Finance Diagnostic Photonics Flexpoint Ford The Gould Consulting Group Tim Barry Catherine Clay Mathew Elenjickal Antonio Gracias VillageMD CBOE Global Markets FourKites Valor Equity Partners Matt Bell Ed Coleman Fabian Elliott Jim Gray Discovery Partners Institute West Side Forward Black Tech Mecca G-Bar Ed Bellis James B. Coleman Michael Fassnacht Neil Sales-Griffin Kenna Security Accenture FCB Chicago Techstars Chicago Brenna Berman Steven Collens Fermin Fernandez Gregory Grossman City Tech Collaborative MATTER Chicago Connectory DLA Piper Dave Biegger Caralynn Nowinski Collens Scott Fetters Dennis Grunt Conagra Brands Dimension Inx 2112 SVB Erik Birkerts Derrick Collins Aaron Filous Darren Guccione Clean Energy Trust Chicago State University Promotable Keeper Security Jason Blumberg Todd Connor David Fisher Ron Guerrier Energy Foundry Bunker Labs Enova State of Illinois Scott Bolick John Conrad Brian Fitzpatrick Eric Gunderson Uptake iBio Tock Hitachi Vantara Beth Bond Roniesha Copeland Declan Flanagan Erin Guthrie Bosch USA Stripe Lincoln Clean Energy Illinois Department of Commerce & Economic Opportunity George Bousis Brandon Cruz John Flavin Victor Gutwein Raise GoHealth Pyxis Oncology, Inc M25 Terri Brax Linda Darragh Amy Francetic Sarah Habansky Women Tech Founders Northwestern University Energize Ventures U.S. Department of Energy Office of Technology Transitions Chad Bronstein Shaniqua Davis Stuart Frankel Moira Hardek Fyllo Noirefy Narrative Science Galvanize Labs Chandra Brown Steve DeBretto Mike Franklin Alaina Harkness MxD Industrial Council of Nearwest Chicago University of Chicago Current Greg Brown Kyle DeGiulio Constance Freedman Sean Harper Motorola Solutions Amazon Moderne Ventures KIN Insurance

WORLD BUSINESS CHICAGO 35 ACKNOWLEDGEMENTS CONTINUED

Mark Harris Margaret Johnsson Eric Lefkofsky Bruce Montgomery Discovery Partners Institute Northeastern Illinois University Tempus Labs, Inc Technology Access Television Trey Hart Thomas K.R. Stovall Michael Liang Matt Moog 50 South Capital/Illinois Innovation & Growth Fund CANDID Baird Venture Partners PowerReviews Adam Hecktman Julia Kanouse Sean Lightner David E. Moore Microsoft Illinois Technology Association BMO Harris Bank EQ Office Jason Heltzer Kunal Kapoor Phyllis Lockett Rumi Morales Origin Ventures Morningstar LEAP Innovations Outlier Ventures Brad Henderson Mohit Kapoor Eric Lugo Sonia Nagar P33 TransUnion City Colleges of Chicago Pritzker Group Troy Henikoff Maria Christopoulos-Katris Eric Lunt Phil Nevels MATH Venture Partners Built In Signal ComEd Samara Mejia Hernandez Melissa Kaufman Dan Lyne Nikki Newsome Chingona Ventures Northwestern University CBRE Facebook Mellody Hobson Akira Kawachi Matt Maloney Carleton Nolan Ariel Investments Japan External Trade Organization Grubhub City of Chicago Fred Hoch Karen Kerr Jeff Markowitz Julie Novack TechNexus Venture Collaborative Agile Equities Microsoft Corpoation Party Slate Roger Hochschild Brad Keywell Talia Mashiach Geoff Nyheim Discover Financial Services Uptake Eved Amazon Web Services John Hoesley Steve Koch Galen Mason Jim O'Connor, Jr. CIBC Bowline Group Service Provider Capital William Blair Justin Holland Andy Kofoid Samir Mayekar Maura O'Hara HealthJoy Salesforce City of Chicago Illinois Venture Capital Association Betsy Hoover Adam Koopersmith Caitlin McAllister Dan O'Neil Higher Ground Labs Pritzker Group Venture Capital Workbox Company Civic Operator Justyn Howard Robert Kress Tom McGuinness Rohit Pasam Sprout Social Accenture GE Healthcare Xaptum Terry Howerton Ushma Kriplani Suzet McKinney Vic Pascucci TechNexus Venture Collaborative Argonne National Laboratory Illinois Medical District Energy Capital Ventures Craig Huffman Steve Kuemmerle Alex Meyer Kelly Pease Metro Edge Technologies Rosalind Frankin University of Medicine & Science Origin Ventures Catapult Chicago Israel Idonije Matt Kunkel Timothy Meyer Andrew Perlman Israel Idonije Foundation LogicGate Fermi National Accelerator Laboratory GreatPoint Energy Scott Issen Amanda Lannert Tiffany Mikell Peter Pfanner Future Founders Jellyvision ZaMLabs University of Illinois at Chicago Emmanuel Jackson Nathan Laurell David Miller Eero Pikat Evanston Technology Partners New Frontier Holdings DePaul University Barchart Amit Jhawar Mark Lawrence Patricia Miller Michael Polsky Venmo SpotHero MATRIX 4 Invenergy Erika Johnson Bruce Leech Ryan Miller Molly Poppe Black Women in Science & Engineering DePaul University Bank of America Chicago Transit Authority

36 2019 ANNUAL REPORT Diane Primo David Schonthal Kimberly Trautmann Jessica Droste Yagan IntraLink Global IDEO DRW Impact Engine James Rafferty Joe Scoby Floyd Tucker Sam Yagan Invenergy Magnetar TripAction ShopRunner Jeff Raimo Brad Serot Glen Tullman James "Jim" Zallie HERE Technologies CBRE Livongo Health Ingredion Incorporated Harper Reed Tracey Seward Howard Tullman Betsy Ziegler Harper Rules LLC Accenture Illinois Institute of Technology 1871 Chicago Olatinji Oboi Reed Mike Shannon Guy Turner Andrea L. Zopp Equiticity Ventures Packback Hyde Park Venture Partner World Business Chicago Randy Rivera Saurabh Sharma Ugur Uygur FinTEx Jump Capital Loyola University Chicago Jim Robinson Jai Shekhawat Laura Van Peenan Astellas Pharma SAP Fieldglass William Blair Benedict Rocchio Katy Shields Catherine Vorwald Baird Venture Partners VSCO Sterling Bay Reza Rooholamini Andrew Sieja George Vukotich CCC Information Services Relativity FinTank Nick Rosa Charles Smith Dan Wagner Sandbox Industries CS Insurance Strategies Civis Analytics Scott Rose Dujon Smith Timothy Walbert INTL FCStone Inc Accenture Ventures Horizon Pharma Kristi Ross Vik Sohoni Sona Wang tastytrade McKinsey & Company Ceres Venture Fund Dan Ryan J. Douglas Sparkman Alex Washington JLL BP Products North America, Inc. Wind Point Partners Pat Ryan Jr. Balaji (Bala) Srinivasan David Weinstein INCISENT Labs University of Chicago Freshwater Advisors Michael J. Sacks Tim Stojka Brad Weisberg GCM Grosvenor Agentis Energy Snapsheet Juan Salgado Nancy Sullivan David Whitaker City Colleges of Chicago Illinois Ventures Choose Chicago Rafael Salmi Matt Summy Peter Wilkins Richardson RFPD Comcast Hyde Park Angels Bill Sanders Donald Thompson Kevin Willer Discovery Partners Institute Cleveland Avenue Chicago Ventures Karen Sauder Ed Tilly Keith E. Williams Google LLC Cboe Global Markets UL LLC Dhruv Saxena Matthew Tirrell Don Wilson ShipBob University of Chicago DRW Phil Scharwz Stephen Tompos Bill Wolf Corazon Capital Cleveland Avenue Method Capital

WORLD BUSINESS CHICAGO 37 ACKNOWLEDGEMENTS CONTINUED

WORLD BUSINESS CHICAGO STAFF

Andrea L. Zopp Ella McCann President & CEO International Program Manager, Chicago Sister Cities International Veronica Aguilar Nicole McCarthy Program Manager, ChicagoNEXT International Program Manager, Chicago Sister Cities International Lauras Anagonou Anel Montes Marchan Data Analyst, CASE Deputy Director, Chicago Sister Cities International Tom Bartkoski Morgan Murphy Director of International Business Development International Program Manager, Chicago Sister Cities International Jess Blinn Ashley Pontes International Program Manager, Chicago Sister Cities International Administrative Assistant, Receptionist Britney Bouie Caroline Rainey Deputy Director, Communications Communications Associate Lisa Dziekan Maggie Rosado Director of Business Development Senior Administrative Assistant Chris Eagan Nathalie Rosado Ortiz Manager, Business Development Program Manager, CASE Myrna Farmer Phyllis A. Ross Executive Director, Board Relations Executive Assistant to President & CEO Robin Ficke Kyle Schulz Research Director Director of Global Strategic Initiatives Paula Galbraith Robye Scott Financial Accounting Consultant Manager of Workforce Development Jazmin Garcia Melanie Sillas Business Resource Manager Vice President of Development Terrance Hall Carrie Simmons Manager of Cluster Growth Director of Operations and Human Resources Ogechi Harry Alec Singer Executive Vice President of Strategy, Legal, and Operations Research Manager Andrew Arden Hayes Tanya Tan Director of Marketing and Communications Associate Director of International Business Development Sana Hussain Kendra Thomas Director of Business Development Business Resource Manager Bernita Johnson-Gabriel Adrienne Tongate Executive Vice President for Neighborhoods and Strategic Initiatives Executive Director, Chicago Sister Cities International Abin Kuriakose Dennis Vicchiarelli Director, ChicagoNEXT Executive Vice President, Business Development Yani Mason Development Manager

38 2019 ANNUAL REPORT

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