Raj Fernando Explains Why Chicago Is A Startup Hub

In his blog article, posted on July 20, 2016, Raj Fernando discussed the reasons that make Chicago Town home to most of the successful American Startups. He said that the town was beyond its traditional transportation signature as the central connection of the West to the East Coast and California to Connecticut. Besides, Chicago Town hosted 104 private firms (38 of which are IT companies) on the Inc. 5000, improving from 95 firms in 2014. The metropolitan was ranked second among the leading cities with fastest developing companies. It is a convenient location for startups in America while San Francisco is wealthy with tech talent. New York City is regarded as the capital of finance. Los Angeles is the home of Hollywood.

Companies flourish in Chicago due to the unique and diverse co-existence of businesses. Entrepreneurs, big or small, support each other. Bigger companies invest in smaller firm’s creative thinking, agility and potential to help them succeed in their operations. While other towns are characterized by one line business, Chicago Town brings together companies from different sectors. The town’s sheer diversity attracts more businesses. Some of the Fortune 500 companies that are headquartered in Chicago are McDonald’s, Motorola, Sears, Kraft Foods, Walgreens, Allstate Insurance, and Airlines. The unique city connects individuals, professionals and companies from all over, making it a convenient place to live and work. This information was originally mentioned Raj Fernando’s website as outlined in this link http://www.rajfernando.com/

Raj Fernando is the chairman and CEO of Scoutahead, an internet startup. The American businessman is also a political fundraiser and donor. He was the CEO of his former company, Chopper Trading. Raj holds a bachelor’s degree in Economics and History from the prestigious Beloit College. He is also an alumnus of the University of London. His interest in entrepreneurship saw him volunteer at the Chicago Mercantile Exchange. He undertook different roles, including trading positions. In 2002, Raj started Chopper Trading, a propriety trading company that specialized in equities and fixed income. He sold the company in 2015 and launched Scoutahead.com in 2016. Raj sits on Board of the foreign policy leadership committee, American Security Project and the Chicago Council on Global Affairs. Over the years, he has been actively involved in various philanthropic activities. Raj is a committed board member of PAWS Chicago.