CHICAGO (WLS) -- A new way to help entrepreneurs break into the food and beverage business is coming to Chicago's West Side.
The Hatchery, a business incubator, will be located in the city's Garfield Park neighborhood. The $30 million facility will provide support and kitchen space for start-ups.
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The Hatchery is a joint venture between Accion Chicago and the Industrial Council of Near West Chicago.
"We constantly see smart entrepreneurs with very good products who are ready and able to rent a location and grow their business. But they can't afford the tens of thousands of dollars that it costs to turn a small industrial space into a kitchen. Well, now they don't have to," said Steve DeBretto, executive director of the Industrial Council of Near West Chicago.
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The business incubator is scheduled to open in 2018 and is expected to create up to 900 jobs in five years.