Who We Are
Growing Food Startups. Growing Community.
Food businesses create good jobs with relatively low corresponding educational requirements. A lack of affordable food grade spaces available for rent and the high upfront cost to build out a food grade space creates a significant barrier to growth for food entrepreneurs. The Hatchery will remove these barriers to growth and create good jobs in the City of Chicago.
The Hatchery Chicago enables local entrepreneurs to build and grow successful food and beverage businesses and provides job training and placement programs, which in turn create sustainable economic growth and new job opportunities.
Based on ICNC’s experience at their incubator over the last 30 years, the team projects that the small business owners who will rent the 56 private kitchens will create or maintain 900 jobs during the first five years. Those jobs will generate $25 million in pre-tax wages in its first five years of operation.
The new Hatchery facility will include a broad range of kitchen spaces and services to meet the needs of growing food and beverage businesses.
The 67,000 square foot facility will be one of the largest food incubation spaces in the U.S. with 56 private production-ready kitchens, a large shared kitchen, walk-in dry/cold/freezer storage, business planning services and a dynamic co-working space for meetings and events.