We will engage a select cohort of 15-17 minority-owned and other businesses that hire a significant percentage of employees from Chicago's under-resourced neighborhoods. We seek firms with revenues of $1 million+ or 20+ employees, although smaller companies with high growth potential will be considered.
This partnership between Kellogg and JPMorgan Chase aligns management education, market access and capital access to grow businesses and jobs in low and moderate income (LMI) communities in Chicagoland, and develops a network that links business schools, market access organizations, Community Development Financial Institutions (CDFI) and Chase small business banking. The program facilitates growth of businesses and is especially focused on the south and west sides of Chicago. ASCEND will
The partnership with JHLA links the Kellogg School with diverse business and nonprofit communities; helps businesses scale, retain, and create jobs; stimulates innovative economic development; and expands student knowledge about how to address issues in LMI communities.
This collaboration — Kellogg, JHLA, CDFIs, JPMChase, and major enterprise will enhance economic development by increasing employment, which decreases violence and related societal ills in the targeted neighborhoods. Primary targets include communities such as Austin, Bronzeville, Englewood, Humboldt Park, South Lawndale, Washington Park and Woodlawn.
Kellogg ASCEND seeks to partner with minority business owners and others based in and/or hire from underserved areas that are interested in growth through management education, access to potential funders and access to potential new business. The ideal firms must meet the requirements listed below.
The curriculum will address business principles and examples that enhance successful company growth.
Kelly Richmond Pope
Each participant submits a $500 registration fee for this 4-day program. (JPMorgan Chase sponsorship allows this special discounted fee.)
Location & Accommodations:
The Kellogg Ascend Program is held at the James L. Allen Center on Northwestern University's Evanston Campus.
James L. Allen Center
2169 Campus Drive
Evanston, IL 60208
*A limited number of accommodations are available at the James L. Allen Center, and are included with registration.
The deadline for registration is 10:00 am Central Standard Time on January 25th, however applications are considered on a first-come first-served basis.
Participants must notify the Program Manager three business days in advance of the program start if they are unable to attend. Otherwise, participants forfeit the program fee.