Thursday, August 6, 2015

Study: Illinois is 'powerhouse' for producing female founders

Illinois boasts three of the universities that produce the most female entrepreneurs.

Northwestern University, the University of Illinois at Urbana-Champaign and the University of Chicago are among the top 25, according to a report by CrunchBase on female founders.

Northwestern is tied for 12th, the University of Illinois is No. 18 and the University of Chicago is tied for 21st in the report. Analysts studied more than 3,600 female founders whose companies had raised money since 2009, CrunchBase said.

“Illinois is the powerhouse” of the Midwest, CrunchBase analysts wrote in a blog post announcing the results.

Ilesanmi Adesida, a provost at U. of I., said the university is proud of its graduates' accomplishments. "But it is even more exciting to us to see the impact these women are having in their industries and in their communities," he said in an email. Read more in the Chicago Tribune.