Home » Archives by category » Innovation (Page 2)

Deal site drawbacks spawn new startups

By Ann Meyer Count Chicago entrepreneur Kris Petersen among those who have lost money on Groupon and LivingSocial vouchers by not redeeming them before they expired. The example that stands out, Petersen said, was his purchase of four Groupons for Segway tours that he planned to use with friends. “I threw $160 out the window by […]

Artists add creative twist to entrepreneurship

By Hallie Busta

Robin Monique Rios has been an artist since childhood, but only in recent years has her penchant for art become the basis of several profitable ventures.

From an 11,000-square-foot space at the Zhou B Art Center in Bridgeport, Rios runs 4Art Inc., a gallery featuring her work and that of nine other artists. But the location is also home to Rios’ other business ventures, including website and graphic design services and art framing. “I know this is where I’m supposed to be,” she said. “I know that with every fiber of my being.”

Tips for launching an arts business

Launching an arts-based venture requires planning, producing and selling. SmallBusinessChicago asked Joe Roberts, professor of arts entrepreneurship at Columbia College in Chicago, and Barrett Baebler, director of entrepreneurship and nonprofit management at Webster University in St. Louis, to provide tips for artists on running sustainable business ventures.

Tech startup adds brain to solar systems

One of the first startups to participate in the Illinois Smart Grid Cluster is preparing to field-test its method of reducing the cost of solar energy. By adding its proprietary software to battery-equipped solar energy systems, Chicago-based Intelligent Generation hopes to enable utilities and solar installers to reduce by half the cost of alternative energy […]

Chicago’s sweet tooth keeps cupcake retailers in business

By Hallie Busta — Consumers may have cut back on spending during the recession, but they weren’t necessarily skipping dessert. Out of that indulgence emerged a growing appetite for cupcakes in the Chicago area, experts said. Red velvet, key lime, chocolate mint, apple cobbler and tiramisu. The combinations seem as endless as the businesses serving […]