Funding Dynamic, Chicago-Based Innovation with Brad Henderson

Innovation and the Digital Enterprise

Coupling a charitable mindset and a drive to solve some of the toughest intellectual and scientific problems has led to success for P33 Chicago and founding Chief Executive Officer Brad Henderson. Serving Chicago and embracing the city’s challenges and strengths, Brad envisions the city as a hub for new technologies built on collaborative and dynamic innovation, all while embracing inclusive growth.

In this episode, Brad shares the successes of P33 Chicago and TechRise’s efforts, including outlining how two million dollars invested into Black, Hispanic, and women founders led to ninety-three million in additional private financing. He discusses the lasting effects of starting a business under-capitalized and the realities of how most founders raise capital. Brad offers insight into connecting investors with opportunities where they might lack first-hand expertise or experience and the benefits of encountering and working with new people and ideas.

Brad dives into ongoing success stories in Chicago (EventNoire and more), the ripe environment for a Chicago-based battery boom, the new CZ Biohub, and the aims and recent triumphs of Innovate Illinois. He shares a key component to the city's success: the collaborative spirit of the top-caliber universities. Brad paints a picture of an innovative Chicago that utilizes the abundance of college graduates and embraces scientists and thinkers across institutions working together to create new technologies funded by bold Chicago investors and building on the city’s history of innovation.

• (04:26) – Introducing Brad Henderson and P33 Chicago
• (05:52) – TechRise
• (07:27) – The impact of an under-capitalized start
• (09:45) – Proof points and coaching founders
• (12:05) – Success story: EventNoire
• (14:21) – A battery boom
• (18:41) – Chicago-based investors
• (20:34) – The impact of exceptional, collaborative universities
• (25:25) – Where is Chicago headed?
• (26:17) – Leveraging a small staff
• (29:38) – Chicago-based innovation and collaboration

Brad Henderson is the Founding Chief Executive Officer at P33 Chicago, the forward-thinking nonprofit organization dedicated to elevating Chicago's status as a world premier hub of technological discovery and development. Brad's leadership extends to various roles on boards and advisory committees of Interfaith Youth Core (Board Chair), the College Visiting Committee at the University of Chicago, the President’s Advisory Council at the University of Illinois, the College of Computing Advisory Board at Illinois Tech, Rush University Medical Center, Rush University (Board of Governors), Chicago Council on Global Affairs, and the Chicago History Museum. Brad earned a bachelor’s degree in economics with honors and a master's in social science from the University of Chicago. A Rhodes Scholar, Brad also earned a master’s of science in economics and social history from the University of Oxford and an MBA from Saiid Business School at the University of Oxford.

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Podcast episode production by Dante32.