Press

Roger Announcement
Tuesday, November 7, 2017

Impact Engine Announces Roger Liew Will Join as Operating Partner

CHICAGO, NOVEMBER 7TH, 2017 — Impact Engine, one of the Midwest’s leading impact investors, is pleased to announce Roger Liew […]

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Wednesday, September 28, 2016

News :: Workit Health Raises $1.1M to Help People Overcome Addictive Behaviors

Seed Funding Led By Montage Ventures, Lux Capital and Impact Engine Will Support Continued Growth and Development of Innovative Digital Health […]

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News :: Impact Engine: On­Ramps to Impact Investing

By investing time and money in promising, for-­profit entrepreneurs, we can demonstrate the potential for addressing these challenges through business […]

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Tuesday, July 26, 2016

Luna Lights Raises $225,000 to Reduce Risk of Falls For Older Adults

Chicago, IL–July 26, 2016– Luna Lights, an automated lighting solution for night-time fall safety, raised $225,000 to ramp up manufacturing […]

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Wednesday, July 6, 2016

News :: Impact Engine Launches $10M Fund, Betting Capitalists Can Do Well While Doing Good

Some dismiss social impact entrepreneurship as a feel-good diversion. But a group of successful investors in Chicago are throwing $10 […]

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Thursday, June 30, 2016

News :: Impact Engine closes its accelerator and a $10 million impact fund

An accelerator that backed for-profit, for-good ventures, Impact Engine, is abandoning the bootcamp approach and shifting its focus to investing […]

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News :: Impact Engine Launches $10M Impact Investment Fund

Chicago, IL-based Impact Engine has launched a $10m impact investment fund.

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News :: Impact Engine Raises $10M Fund For Social Impact Startups, Drops Accelerator

Over the last three years, Impact Engine has invested $700,000 among 23 social impact companies through its accelerator program. Now it […]

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Wednesday, June 29, 2016

News :: Chicago’s Impact Engine Raises $10M Impact Investment Fund

Chicago’s Impact Engine is undergoing a change that could drastically impact the Chicago entrepreneurial community. Today, they announced the raise […]

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News :: Impact Engine raises $10 million fund, ends accelerator

Impact Engine has pivoted from startup accelerator to impact investment fund, announcing Wednesday that it had closed a $10 million seed […]

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News :: Impact Engine closes $10 million venture fund

It turns out there are a lot of people who want to do well by doing good. Impact Engine, which helps […]

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News :: Impact Engine announces $10M fund for social good startups

One of Chicago’s niche investment funds announced the close of a $10 million fund this morning designed to make the […]

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News:: Impact Engine Launches $10M Fund, Betting Capitalists Can Do Well While Doing Good

Some dismiss social impact entrepreneurship as a feel-good diversion. But a group of successful investors in Chicago are throwing $10 […]

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Impact Engine Raises $10 Million Fund to Improve Education, Health, Economic Empowerment and Resource Efficiency

Investors come together to provide critical financial and human capital to promising, for-profit impact companies.

CHICAGO, June 29, 2016 — Impact […]

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Monday, May 23, 2016

News :: Social Impact Insights from Chicago State of Innovation

Recently, I found myself invited to last week’s Chicago State of Innovation, a half-day conference put on by Chicago Inno. […]

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Monday, May 16, 2016

News :: Crain’s 20 In Their 20s: Daniel Yu of Sokowatch

The youngest person on the list, Yu quit the University of Chicago to build a startup that uses the ubiquitous […]

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Friday, May 13, 2016

News :: Two Computer Scientists Are Programming An End To Food Waste In Chicago

Every day, Zero Percent matches restaurants, cafeterias, and supermarkets to nonprofits, getting everyone the food they need just in time.

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Tuesday, May 10, 2016

Announcing Our Seed Investment in Regroup Therapy

We are pleased to announce that Impact Engine has invested in Regroup Therapy, a leading provider of on-demand, virtual mental […]

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News :: Telemedicine startup, Regroup Therapy, lands $1.3 million

Regroup Therapy, a telemedicine startup for mental health treatment, has raised another $1.3 million from backers that include former Walgreens […]

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Wednesday, April 20, 2016

News :: Video: Bill Gates Highlights ThinkCERCA as Innovative Literacy Tool at ASU GSV

At this year’s ASU GSV Summit, Bill Gates kicked off his keynote speech by discussing how the technology revolution can take […]

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Wednesday, April 13, 2016

News :: Chicago Startup Nominated For Award From American Diabetes Association

Diabetes is a growing problem. That’s why Thursday’s WorldHealth Day was dedicated to the disease. CBS 2’s Sandra Torres sat down […]

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Sunday, March 13, 2016

News :: Edovo, Maker Of Tablet-Based Education For Inmates, Aims To Reduce Recidivism And Continues To Grow

A lot has happened to Edovo since we wrote about them last year. The startup, which has a wireless, tablet-basededucation […]

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Tuesday, March 1, 2016

News :: Follett Now Offering ThinkCERCA Literacy Platform

Follett announced today it has begun selling ThinkCERCA, an award-winning online literacy platform that empowers teachers to personalize critical reading, […]

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Wednesday, February 24, 2016

News :: With new funding, Edovo brings tablet-based learning to correctional facilities

Few CEOs harbor ambitions about getting into jail. But Brian Hill isn’t like most CEOs. Founder of Edovo, the correctional […]

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News :: Zero Percent turns to crowdfunding to prevent food waste

Distributing food to the needy is often more problematic than supplying it in Chicago.

Good food goes to waste at downtown […]

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Tuesday, February 2, 2016

News :: Can A Study Group App Fix College Dropout Rates?

Studies estimate only about half of students enrolled in four year colleges complete their degree, while only a little over a third […]

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News :: Education, health targeted in Impact Engine Demo Day

A company that helps link doctors in developing countries and a tool that connects college students were among five companies pitching […]

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News :: Big Shoulders: Jessica Droste-Yagan, CEO of Impact Engine

Have a company that is geared toward solving problems in the social and environmental sphere?The Impact Engine can help. As an investment […]

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News :: Learnmetrics Aims To Be A Data Translator Between Edtech And Educators

During his time as a high school teacher in Connecticut, Julian Miller realized a simple Excel spreadsheet could solve a […]

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Monday, September 28, 2015

Impact Engine Welcomes New Accelerator Cohort

CHICAGO, September 28, 2015 — Impact Engine welcomed three new early stage companies to participate in its accelerator program today. […]

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Friday, April 10, 2015

News :: How Infiniteach uses technology to teach students with autism

Wen a trio of autism experts launched an education-technology startup for students with autism, none of them knew how to […]

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News :: Cloud Startup Keeps Critical Medical Supplies In Stock At Clinics In Developing Countries

Daniel Yu, a Chicago University undergrad student, went to a small town in Egypt to study Arabic. But a chance […]

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Wednesday, March 25, 2015

News :: Chicago startup wins SXSW student competition

Reliefwatch, a tech startup launched by a University of Chicago student, keeps racking up honors and cash. The Chicago-based company, which […]

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Friday, March 13, 2015

News :: ThinkCERCA raises $3.2 million, enters Follett partnership, will hire

ThinkCerca, a Chicago-based literacy and critical-thinking software platform, has raised a $3.2 million series A round to ramp up its […]

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Thursday, March 12, 2015

News :: ThinkCERCA and Follett Announce Partnership to Fuel Expansion of Literacy Opportunities for Students Everywhere

CHICAGO, March 12, 2015 /PRNewswire/ — Chicago-based ThinkCERCA and Follett Corporation today announced a strategic partnership to expand access to web-based […]

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Friday, March 6, 2015

Impact Engine Announces Two New Board Members

CHICAGO, March 5, 2015 – Impact Engine, Chicago’s leading impact investing fund and accelerator, announced two new additions to its […]

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Wednesday, February 25, 2015

Village Capital and Citi Kick Off Chicago Workshop for Early-Stage EdTech Ventures

Workshop hosted by Impact Engine; Companies in competition to win $50,000

February 25, 2015 (Chicago)—Today Village Capital, in collaboration with Citi, […]

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Tuesday, February 10, 2015

News :: U of C dropout wows Prince Charles

After finishing his pitch at Impact Engine’s Demo Day in mid-January, Daniel Yu had a plane to catch. The 21-year-old founder […]

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Monday, January 19, 2015

News :: Chicago’s rising impact investing community and 7 new companies you need to know

The Impact Engine just wrapped its third accelerator program and has now pumped out 23 impact-making, socially-conscious enterprises. Of those […]

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Thursday, January 15, 2015

News :: Demo Day: Ideas for children in poor schools, women in poor countries

A company recycling electric car batteries to power poor schools, a plan to give life-changing cash to extremely poor women […]

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Thursday, September 11, 2014

Impact Engine Announces Third Cohort

CHICAGO, September 11, 2014 — Accelerator Impact Engine invited seven early stage companies to participate in its third program […]

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Monday, April 14, 2014

Impact Engine Announces New CEO, Expands Leadership Team

CHICAGO, April 15, 2014 — Impact Engine, a 16-week business accelerator for mission-focused entrepreneurs, announced today that Jessica Droste Yagan […]

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Wednesday, January 22, 2014

News :: Mission + Profit = 8 of Chicago’s Freshest Startups

Last week eight startups gathered below ground at Untitled, the River North speakeasy, to present their world-changing business plans to […]

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Thursday, January 16, 2014

News :: After Misfires, Impact Engine Demo Day Roars to Liftoff

In the final dress rehearsals before yesterday’s Demo Day, the Impact Engine was sputtering.

Presentations fell flat, the heating and sound […]

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Wednesday, January 15, 2014

News :: 8 Impact Engine businesses Make Their Case to ‘Build a Better World’

Eight do-good-and-do-well startup companies, including one focused on moving surplus food to shelters and another focused on educating prisoners, made […]

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Monday, January 13, 2014

News :: Zero Percent Aims to Eliminate Food Waste Starting with Chicago, Reaching Worldwide

Mother always said to finish your food because there are starving kids in Africa. But there are also hungry people […]

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Friday, December 13, 2013

News :: Wabash Improvement Ideas, Silly and Serious, Begin Rolling In

Impact 2 company Civic ArtWorks was featured in Curbed Chicago for their innovative “Transforming Wabash Avenue” project.

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Monday, November 4, 2013

News :: Youtopia Reward-Badge System Looks for Answers

Call it a modern-day gold star: Using a technology called Youtopia, teachers can click a button and award a coveted […]

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Tuesday, October 22, 2013

News :: How to Get a Home-Cooked Meal Anywhere in the World

Jay Savsani describes his early success with MealSharing.com, a website that connects tourists with locals offering a free meal

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Thursday, September 5, 2013

Impact Engine Announces Second Class

CHICAGO, September 5, 2013 — Mission-focused accelerator Impact Engine invited eight early stage companies to participate in its […]

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Wednesday, August 7, 2013

News :: Doing Well – and Turning a Profit – by Doing Good

Our world faces some serious issues, from climate change to inadequate health care to a declining education system. And with […]

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Thursday, June 27, 2013

News :: 5 Reasons to Build a Business that Changes the World

In a world where corporate greed and corruption have become commonplace, companies that also improve society are portrayed as the […]

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Thursday, May 16, 2013

News :: Impact Engine Revving Up for Its Second Class

Impact Engine, the accelerator for socially conscious startups, is rebooting for its second year. The 16-week program, overseen day-to-day by Open […]

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Wednesday, May 15, 2013

Impact Engine Opens Applications for 2013 Class

CHICAGO, May 15, 2013 — Impact Engine, a 16-week accelerator program that supports for-profit businesses making the world a better […]

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Wednesday, March 27, 2013

Winners Of The Innovation Project’s “Best in Show” Announced

Impact 1 team Pangea wins “Best in Show” at Innovator’s Expo and $10,000 cash grant from PYMTS.com.

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Wednesday, March 6, 2013

News :: ‘Impact Entrepreneurship’ Places Importance on Social Consciousness

Impact 1 team Pangea is featured in the February 2013 issue of Entrepreneur. 

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Tuesday, February 5, 2013

News :: Social Enterprise: The Investor’s Final Frontier

More and more private sector investors are jumping into the social sector, supporting impact entrepreneurs and seeing returns on their investments. That’s […]

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Thursday, December 6, 2012

News :: Entrepreneurial Royalty Makes a Cameo Appearance at Demo Day

It’s not unusual for startups to pull out all the stops on demo day, when they make their pitches to […]

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Friday, August 10, 2012

News :: Chicago’s Accelerator for World-Changing Startups Welcomes its First Batch

OpenTable founder Chuck Templeton has launched ImpactEngine, a new Chicago-based accelerator to support for-profit businesses that aim to make a […]

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Wednesday, August 8, 2012

Impact Engine Announces Inaugural Class of 2012

CHICAGO, August 8, 2012 — Impact Engine, a new accelerator that supports for-profit businesses trying to make the world a better place, welcomes eight early stage companies into the program’s first-ever class. From empowering women in rural India to improving education in the United States to providing renewable energy to the people of Africa, the 2012 class includes a diverse group of entrepreneurs tackling both domestic and global challenges.

[…]

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Tuesday, August 7, 2012

News :: Impact Engine Accepts First Batch Of Startups For Social Enterprise

Impact Engine is a new Chicago accelerator that focuses on for-profit startups with a social or environmental focus.

The social entrepreneurship […]

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Friday, June 22, 2012

News :: Chicago’s Impact Engine Accelerator Is Looking For Environmentally & Socially Minded Startups

Impact Engine is a newly launched venture accelerator in Chicago designed to attract both environmentally and socially-minded businesses that want to […]

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Thursday, April 19, 2012

Impact Engine Announces Chuck Templeton As Managing Director

CHICAGO, April 19, 2012 — Impact Engine is pleased to announce Chuck Templeton has joined the team as managing director. Chuck is […]

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Thursday, April 5, 2012

News :: ‘Innovation Is the Easy Part’: Providing Fuel for the Social Impact Sector

Social entrepreneurs are notoriously creative—you have to be to concoct a venture that makes doing good profitable. But when they […]

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Thursday, November 3, 2011

News :: Impact Engine Looking to Drive Growth for Socially Minded Startups

New business accelerator to start next fall, offering seed funding, business development help and mentoring for up to 12 area […]

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Tuesday, October 11, 2011

Chicago’s First Social Venture Accelerator, Impact Engine, Opens Doors to Innovation and Investment

CHICAGO, October 11, 2011 — Second to none, Chicago takes the lead as a hub for impact investors in the Midwest. With […]

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