Industrial Council of Nearwest Chicago
320 North Damen
The ICNC or Industrial Council of Nearwest Chicago's mission is "to strengthen companies in the Kinzie Industrial Corridor and to facilitate economic and community development"
ICNC fulfills this mission through its two major functions:
1. As an Industrial Council, it provides services to strengthen the 2,000+ companies on Chicago's Nearwest side.
2. As the world's largest incubator, it provides space and business development services to 110+ tenants in its 410,000 SF facility
ICNC advocates for the interest of business on Chicago's Nearwest Side. ICNC strengthens both start-up & emerging companies by providing business development assistance as well as information and links to public and private resources and services. ICNC, an employer-driven organization develops programs and services in response to the needs of the companies it represents.
In addition to the $2.5 million a year in revenue from its incubator (operated by ICNC and its 501 (c)(3) affiliate, the Kinzie Industrial Development Corp or KIDC), ICNC receives over $700,000 a year in funding comes from government and foundation grants – positioning it to offer extensive no-cost services to local companies and tenants. Today, ICNC is comprised of over 400 member companies and represents the Nearwest Side's rapidly growing business community, comprised of over 2,000 small businesses.
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