Welcome
The Illinois Innovation Accelerator Fund (i²A) is an innovative $10 million for-profit early-stage investment fund created in direct response to the decrease in seed-stage investing that's occurred since the turn of the new millennium. The fund's goal is to provide the first external professional capital raised by companies, allowing them to grow and allowing the fund members to capitalize on high-growth opportunities.
i²A's formation was driven by J.B. Pritzker, Founder and Partner of New World Ventures, himself an enthusiastic early-stage investor, the Illinois Department of Commerce and Economic Opportunity, and the Chicagoland Entrepreneurial Center (CEC), a nonprofit affiliate of the Chicagoland Chamber of Commerce, to address this growing but detrimental seed-stage “capital gap.”
Structured as an LLC with both individual and institutional investors as members, i²A is administered by the CEC.
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