April is Financial Literacy Month! EDLI Celebrates with Our Partner, BMO!
"Amazing things happen when you give entrepreneurs the support they need."
– Don Thompson, CEO, Cleveland Avenue
EDLI is Helping Chicago’s Entrepreneurial Ecosystem to…Empower. Educate. Elevate.
New Community Member Highlight: Welcome Raven Hargest, Hub Manager, Women Employed.
The Entrepreneurial Development and Leadership Institute 
(EDLI), inspired by Frederick Douglass prepares Black, Latino and Women entrepreneurs to succeed and prepares their businesses for funding through a personalized business assessment and targeted network of resources and support.

Why EDLI?

Addressing the Persistent Funding Gap for Underrepresented Entrepreneurs.

Decorative 15%

The number of Women-owned businesses in the US is increasing steadily at 1,800 per day, but Women-owned businesses received only 15% of the $34 billion available in SBA loan funding in 2023.

Decorative 20%

Black-owned and Latino-owned SBA loan funding increased almost 15% between 2022 and 2023 but these businesses combined received less than 20% of the total available 
in 2023.

Decorative 80%

80% of the equity capital needs of Black and Latino entrepreneurs in Chicago go unmet compared to only 46% of White-Owned Businesses.

Ready to
Get Started?
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Interested in Joining Us on our mission to prepare Black, Latino and Women entrepreneurs to succeed and prepare their businesses for funding?
Business Serving Organizations

Entrepreneurial development organizations, Incubators, Accelerators, Community Business Development Programs

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Professional Services

Services Supporting Small Businesses

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Entrepreneurs

Black, Latino and Women Business Owners 
in the Chicago Area

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“We have the drive. We simply need connections. . . to resources, to capital, to information, to markets, to each other.”

– Entrepreneur Focus Group Participant