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GWDC's Lake County Tech Hub to help start-up businesses

Published: Thursday, Feb. 20, 2014 5:22 p.m. CDT • Updated: Thursday, Feb. 20, 2014 5:23 p.m. CDT

WAUKEGAN – The Greater Waukegan Development Coalition has a new Lake County Tech Hub and incubator that is designed to support the successful development of entrepreneurial companies through an array of resources and services. Lake County Tech Hub will help emerging growth companies survive and develop during the start-up period, when they are most vulnerable, and also help existing businesses expand their operations.

U.S. Congressman Brad Schneider visited the Greater Waukegan Development Coalition, Feb. 18 in recognition of its new tech hub.

Schneider's visit was in support of his initiative to assist small and medium businesses that create jobs, according to a news release from GWDC. Schneider recently introduced the Accelerate Our Startups Act (HR 4059), which expands public-private efforts to help startup companies get off the ground and achieve success. The bill allows incubators such as Lake County Tech Hub to grow and thrive – essential in their early and most vulnerable stages.

As part of introduction of HR 4059, Schneider hosted a roundtable discussion with area entrepreneurs. Michael Edgar, president of GWDC, was invited by the Congressman to serve as panelist at the roundtable where he relayed the mission and goals of the Lake County Tech Hub and Small Business Incubator and the importance of legislation to support technology accelerator and incubator efforts. Edgar is also owner of Waukegan-based Design Studio C Ltd., an architectural firm.

The Lake County Tech Hub started a test launch in February and will be officially launched next month. It will be administered by Eddie Soto, CEO of E.S. Online Enterprises, Inc. Soto had a successful corporate career with Abbott Labs before transitioning to his current business.

Lake County Tech Hub is one of many programs being administered by GWDC that aid and support area businesses.

The GWDC is an independent nonprofit organization whose mission is to foster and support existing and potential businesses for the purpose of facilitating growth of the local economy and enhancing quality of life for the community.

The GWDC and Lake County Tech Hub are located at 130 N. Genesee St. in Waukegan,. Its website is www.greaterwaukegan.org

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