FOR IMMEDIATE RELEASE
Chicago, IL - August 21, 2023 - SourceHub, a trailblazer in end-to-end supply chain visibility solutions, proudly announces its involvement in 1871’s prestigious Supply Chain Innovation Lab. SourceHub has been selected to join the 2023 Cohort of the 1871’s Supply Chain Innovation Lab, led with their anchor partners Accenture and Microsoft, underscoring SourceHub's groundbreaking approach to supply chain operations and real-time data management.
"We are excited to welcome SourceHub to our 2023 Cohort," said Gabby Snedeker, Sr. Director of Innovation Labs at 1871. "Among an outstanding field of global applicants, SourceHub’s commitment to end-to-end supply chain visibility stood out. We have no doubt that their innovative approach will significantly contribute to this year's lab focus areas, including sustainability by design, compliance and risk management, and data-led innovation.”
SourceHub is committed to driving innovation in the supply chain industry, and is excited to align with 1871 in an impactful way with the program. The lab will allow SourceHub to leverage 1871’s resources, community, and a network of leading corporations, investors, and supply chain experts in doing this work.
SourceHub's founder, John Moran, commented on the recent development: "Our acceptance into the 2023 Cohort of the Supply Chain Innovation Lab is a significant milestone for SourceHub. As a Chicago-based firm, this strategic partnership with 1871 has a special resonance for us. It offers a tremendous opportunity to not only further refine our supply chain solutions but also contribute to an ecosystem deeply rooted in innovation. We are excited to engage with the challenges and opportunities in the supply chain industry, and look forward to the potential that lies ahead."
The Supply Chain Innovation Lab will provide SourceHub with a unique platform to share its technology and insights with a diverse group of stakeholders. The immersive four-week program, running from July 17 to October 6, includes virtual and in-person sessions culminating in the Supply Chain Innovation Summit in October.
For more information about SourceHub's innovative supply chain solutions, visit www.sourcehub.ai
SourceHub, based in Chicago, is a pioneering supply chain solutions provider, dedicated to providing real-time insights and full control over supply chain operations. Through their innovative platform, SourceHub enables businesses to have every step, every process, always in sight. For more information, visit www.sourcehub.ai
1871 is Chicago’s innovation hub and the #1 ranked private business incubator in the world. It exists to inspire, equip, and support early stage, growth stage, late stage and corporate innovators in building extraordinary businesses. 1871 is home to ~400 technology startups, ~200 growth stage companies, and ~1,500 members, and is supported by an entire ecosystem focused on accelerating their growth and creating jobs in the Chicagoland area. The member experience includes virtual and in-person access to workshops, events, mentorship, and more. The nonprofit organization has 350 mentors available to its members, alongside access to more than 200 partner corporations, universities, education programs, accelerators, venture funds and others. Since its inception in 2012, more than 850 alumni companies are currently still active, have created over 14,500 jobs, and have raised more than $3.5 billion in follow-on capital.
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