The Hatchery
About
The Hatchery, part of the Industrial Council for Nearwest Chicago, is a nonprofit food and beverage incubator in East Garfield Park. We provide the tools, resources, guidance, and commercial kitchen space to launch in the culinary industry.
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 removes these barriers to growth and creates 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.
Services Provided
Develop ideas
- Establish goals
- Define products (Specialty)
- Price products
- Create business plan
- Create forecast
Formalize structures
- Register legally
- Secure licenses
- Buy insurance
- Buy or rent space (Specialty)
- Certify as MBE/WBE
Find financing
- Evaluate equity
Increase sales
- Update forecast
- Improve marketing
- Establish online
- Develop partners
- Update business plan
- Join accelerator
Optimize operations
- Measure operations
- Write handbook
- Prep for wholesale
Hire / retain staff
- Write job specs (Specialty)
- Draft staff manual
- Implement payroll
Capture wealth
- Update pitch deck (Specialty)
- Meet investors
- Seek legal counsel
- Plan for succession
- Sell your business
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