Chicago's Nonprofit Tech Hub Opens $20 Million Training Facility on South Side
The city of Chicago has officially launched its latest tech training initiative, Xchange Chicago, which is set to provide job training and placement services to residents on the South Side. The nonprofit organization has opened a new 28,000-square-foot facility in Greater Grand Crossing, where it will offer training programs in IT skills such as software development, cybersecurity, and infrastructure management.
According to Mayor Brandon Johnson, Xchange Chicago has already made significant strides in creating dynamic career pathways for over 50 South Side residents since its inception. "Training and support from our partners are helping to build a stronger Chicago and paving the way for thousands of life-changing technology jobs here on the South Side," he said during Monday's opening ceremony.
The hub's training program, which ranges in duration from 8 to 18 weeks, is designed specifically for residents of South Side neighborhoods. It focuses on equipping them with the skills needed to secure IT jobs, many of which currently pay upwards of $50,000 per year. This summer, Xchange won a $500,000 prize sponsored by the Walton Family Foundation and the Siegel Family Endowment, and in 2023, it received a $5 million grant from the city of Chicago to help build the new facility.
According to Hardik Bhatt, CEO of SDI Presence, which is headquartered in the Loop and serves as the hub's anchor tenant, artificial intelligence is not eliminating IT jobs. Instead, Xchange's training program helps people use AI in tech roles, highlighting the need for skilled professionals with hands-on experience.
Commercial tenants leasing space at the new facility include the United Way of Metro Chicago and CMB Catering, while philanthropies and private sector companies have stepped up to fill funding gaps left by federal grants. "We are opening up real, life-changing opportunities in technology fields from AI to cloud computing and cybersecurity for residents," said Brad Henderson, CEO of P33.
With over 400 people on its waitlist, there is indeed "huge demand" for Xchange's training program, according to Bhatt. The hub's trainees range in age from 18 to 55, and the organization aims to place at least 100 apprentices in jobs next year.
The city of Chicago has officially launched its latest tech training initiative, Xchange Chicago, which is set to provide job training and placement services to residents on the South Side. The nonprofit organization has opened a new 28,000-square-foot facility in Greater Grand Crossing, where it will offer training programs in IT skills such as software development, cybersecurity, and infrastructure management.
According to Mayor Brandon Johnson, Xchange Chicago has already made significant strides in creating dynamic career pathways for over 50 South Side residents since its inception. "Training and support from our partners are helping to build a stronger Chicago and paving the way for thousands of life-changing technology jobs here on the South Side," he said during Monday's opening ceremony.
The hub's training program, which ranges in duration from 8 to 18 weeks, is designed specifically for residents of South Side neighborhoods. It focuses on equipping them with the skills needed to secure IT jobs, many of which currently pay upwards of $50,000 per year. This summer, Xchange won a $500,000 prize sponsored by the Walton Family Foundation and the Siegel Family Endowment, and in 2023, it received a $5 million grant from the city of Chicago to help build the new facility.
According to Hardik Bhatt, CEO of SDI Presence, which is headquartered in the Loop and serves as the hub's anchor tenant, artificial intelligence is not eliminating IT jobs. Instead, Xchange's training program helps people use AI in tech roles, highlighting the need for skilled professionals with hands-on experience.
Commercial tenants leasing space at the new facility include the United Way of Metro Chicago and CMB Catering, while philanthropies and private sector companies have stepped up to fill funding gaps left by federal grants. "We are opening up real, life-changing opportunities in technology fields from AI to cloud computing and cybersecurity for residents," said Brad Henderson, CEO of P33.
With over 400 people on its waitlist, there is indeed "huge demand" for Xchange's training program, according to Bhatt. The hub's trainees range in age from 18 to 55, and the organization aims to place at least 100 apprentices in jobs next year.