ITA Partners with Hyde Park Angels to Drive Collaborative Ecosystems

CHICAGO, IL--(Marketwired - July 20, 2015) - The Illinois Technology Association (ITA) and Hyde Park Angels are excited to announce a new collaborative partnership that will provide additional resources for local technology startups. Drawing on its nearly 500 growth-stage and late-stage members, the ITA will provide access and exposure to successful entrepreneurs and executives who have built and grown their own ventures.

As the ITA continues to grow and expand its role as the leading voice for the local technology community, it is committed to driving innovation and building relationships with the entrepreneurial community.

"Our partnership with Hyde Park Angels is the first step in building a value chain of 'support-based organizations' for Chicago technology companies," said ITA CEO Fred Hoch. "It is important for early-stage companies to know there are organizations working together to support each phase of their existence."

Hyde Park Angels has recently built a powerful network of venture capital firms, business accelerators, academic institutions, professional advisory firms, leading corporations, and other angel groups to maximize investment opportunities and develop sustainable business-building programs.

"We've been able to successfully leverage our relationships to increase our effectiveness in providing investment capital and support resources to qualifying startup companies", said Hyde Park Angel Managing Director Peter Wilkins. "Partnering with the Illinois Technology Association is a great way to extend our reach and provide additional insight from executives who have 'been there; done that'."

About the Illinois Technology Association
The Illinois Technology Association (ITA) is a business services organization dedicated to growing technology companies. ITA provides strategic programming, consulting and resources, enabling its members to grow, build and elevate their business. For more information, visit illinoistech.org, follow @ITAbuzz on Twitter or find us on LinkedIn.

About Hyde Park Angels
Hyde Park Angels is the largest and most active angel group in the Midwest. With a membership of over 100 successful entrepreneurs, executives, and venture capitalists, the organization prides itself on providing critical strategic expertise to entrepreneurs and the entrepreneurial community. By leveraging the members' deep and broad knowledge of multiple industries and financial capital, Hyde Park Angels has driven multiple exits and invested millions of dollars in over 30 portfolio companies that have created over 500 jobs in the Midwest since 2006.