An alternative to the incubator is coming to Chicago

SHARE An alternative to the incubator is coming to Chicago

Ensemble, a one-stop digital services suite that bills itself as an alternative to the startup incubator model, launches Wednesday.

The outfit comprises five area digital services companies that will aim to provide services to startups that have outgrown the incubator but aren’t yet standing on their own two feet: Red Rocket Ventures (raising capital and business consulting), Ora Interactive (tech development and design), Loud Interactive (SEO), SocialKaty (social media marketing) and Walker Sands (public relations).

Ensemble was formed to fill a void in the marketplace and improve upon other solutions startups have relied on, like incubators, accelerators and universities, says George Deeb, managing partner at Red Rocket Ventures. Deeb will serve as Ensemble’s day-to-day general manager.

Deeb explains that companies using Ensemble’s services receive a 20 percent cash discount if they buy services across the entire group of member companies, and up to 40 percent cash discounts if Ensemble agrees to take an equity position in their businesses.

“Chicago historically has not had service providers take deep discounts in exchange for equity, and we think that is critical for startups on tight budgets. We are willing to put our money where our mouths are,” Deeb says.

The Latest
David Moore of St. John’s, Indiana, faces multiple charges in the alleged cheating case in a Cal Sag Bass Anglers event on May 11.
Lockett has grown to a legit 6-4 and is a big playmaker with poise and an impressive all-around tool kit.
A look at how the locals performed at the EYBYL, Under Armour and Adidas competitions.
The suit, filed in federal court in Manhattan, was being brought with 30 state and district attorneys general and seeks to break up the monopoly they say is squeezing out smaller promoters and hurting artists.
About 5:20 a.m., Metra reported “extensive delays due to a pedestrian incident.” The person struck died due to their injuries, according to Bartlett police.