Newsletter Articles

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, October 18, 2023 LEGISLATIVE LEADERS KEEP LID ON BUDGET Illinois lawmakers return to Springfield next week for the first of two weeks of Veto Session. Despite appeals from the Mayor of Chicago and elsewhere, legislative and the governor have decided against advancing a…

October 18, 2023 Artificial Intelligence (or AI) …. there is not a day that doesn’t go by in our modern life where either the topic comes up or the direct effect of the science occurs. Venture Capital and Private Equity have been the drivers for research and development of the science, but what are the…

October 10, 2023 The hottest cultural phenomenon post the millennium is undoubtably the podcast, and its YouTube-type video sibling the “vodcast.” For the price of internet access and a microphone, various voices can broadcast their stories and perspectives. The Venture Capital and Private Equity Industries are no exceptions, as a number of established and newer…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, October 4, 2023 VETO SESSION ON THE HORIZON On October 24-25-26 the Illinois General Assembly meets in the State Capitol for Veto Session. Democratic legislative leaders and Governor Pritzker generally make agreements on major legislation as it moves through the process in the…

October 3, 2023 Partnership to Support Innovative Food Manufacturer’s Long-Term Growth Through Continued Product Innovation, Customer Expansion and Strategic Acquisitions CHICAGO – October 3, 2023 – Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced it has acquired Sugar Foods Corporation (“Sugar Foods”), a food company serving prominent foodservice, grocery, retail and restaurant brands. PPC’s…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, September 20, 2023 CASH BAIL REFORM BEGINS Monday marked the first day of landmark changes to the cash bail system in Illinois which ranks among the most controversial public policy debates in recent memory. Named the “SAFE-T” act, Illinois becomes the first state…

September 20, 2023 One of the most successful accelerator and founder facilitation programs in Chicago is Techstars, an annual mentorship course that allows entrepreneurs, start-ups and companies to participate in a 13-week forum that teaches them how to improve and execute their business ideas. Techstars and Managing Director Neal Sáles-Griffin just announced their Fall Class…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, September 6, 2023 ILLINOIS TREASURER LAUNCHES INFRASTRUCTURE FUND IVCA members familiar with the Technology Development Account/Illinois Growth and Innovation Fund will recognize many of the features of the Illinois FIRST Fund: “The FIRST Fund is a first-of-its kind, $1.5 billion impact investment fund…

September 6, 2023 IVCA is now accepting nominations for the 2023 IVCA Awardees to be honored at the 2023 IVCA Awards Dinner presented by Kirkland & Ellis LLP, on December 4, 2023. YOU are our best source for these companies and individuals so we ask you to submit/recommend your candidate(s) by Friday, September 15, 2023.  Details and…

September 6, 2023 The combination of the pandemic period, coupled with the “Great Resignation” associated with it, has created a smaller labor pool and expertise gap in many industries that Venture Capital and Private Equity are invested in. As we head into the 4th Quarter and the future, what are the issues with labor and…