48th Edition

📍 This Week’s Lineup:

🚶 Moving to the Midwest

📊 Chart of the Week

🗺 5 Events Around the City

🔙 Previous Editions of the Driver’s Seat

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🚶 Moving to the Midwest

The Midwest innovation economy continues to experience population growth in key areas.

Let's analyze the data to learn more about the characteristics of the people who are moving to our ecosystem.

Generational Breakdown

• Gen Z makes up the largest % of people moving to the Midwest.

• Recent data shows that Chicago has become the second most popular destination for college graduates relocating within the United States.

• 55% of individuals either have a bachelors degree or are actively working towards one.

Origins of Migrating Populations

• A significant number of individuals relocating to the Midwest are arriving from California, Florida, and Texas.

• 97,000 individuals have moved from California to the Midwest in the last few years.

• The influx of new movers are in search of cheaper housing and a lower cost of living.

📊 Chart of the Week

My alma mater DePaul University ranks as the 5th top university for business founders.

The study pulled data from Crunchbase to show that 40.45% of DePaul graduates end up starting businesses in the city.

Columbia College Chicago also made the list, with 33.33% of its graduates choosing to set up companies in Chicago.

🗺️ 5 Events Around The City

The Next Evolution of of Arts, AV, & Communication

• Hosted by AWE Nite

• Wednesday

• RSVP

Visions of Tomorrow: AI Speaker Series

• Hosted by Northwestern University

• Thursday

• RSVP

Hardtech and Deeptech Innovator Co-Working Day

• Hosted by mHUB

• Thursday

• RSVP

Coffee, Capital, & Conversations

• Hosted by TriNet

• Thursday

• RSVP

Midwest House SXSW (in Austin)

• Hosted by Midwest House and World Business Chicago

• Starting Friday

• Learn More

👋 See you next week!

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🗞 Previous Editions of the Driver’s Seat

#47 - Chicago’s Quantum Proposal

#46 - Venture Growth in the Heartland

#45 - Inside Chicago Data Centers

#44 - Chicago’s Founder Diversity

#43 - Chicago’s 24 Unicorns