Berwyn Development Corporation
Berwyn Development Corporation is a nonprofit firm for the economic development of the community via training and digital marketing.
- Company typePrivate
- Founded1983
- HeadquartersBerwyn, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Berwyn Development Corporation does
Berwyn Development Corporation (BDC) is a 501(c)(3) nonprofit organization headquartered at 3322 South Oak Park Avenue, Berwyn, Illinois, operating under a formal public-private partnership with the City of Berwyn. Founded in 1983 and employing 11-50 staff (per recent hiring postings including a Chamber Manager role at $55,000-$65,000), BDC functions dually as Berwyn's chamber of commerce and as its designated municipal economic development agency, led by CEO Dave Hulseberg.
BDC's service portfolio spans four integrated lines: (1) tiered chamber membership (Tier 6 Trustees through Tier 1 Members) providing networking, advocacy, and promotional access for local SMBs; (2) economic development programming including small business lending, the Finish Line Grant, Tax Increment Financing (TIF) administration, vacancy tracking, available-properties listings, and the Berwyn Shops economic development initiative; (3) business advising and training, including one-on-one advising, custom business training, and free ServSafe Food Service Sanitation Manager Certification delivered in partnership with the Illinois Restaurant Association and Cook County Small Business Source; and (4) signature community events — most prominently WeatherTech Berwyn Cruise Nites, the 33rd Annual WeatherTech Berwyn Rt.66 Car Show (drawing 30,000+ visitors), the 8th Annual Berwyn Pride Walk (co-organized with Bungalo+), Taste of Cermak Road, and Fall Fest — supported by tiered event sponsorships (Presenting, Pro Stock, Fuel, Full Race, Stock).
Revenue mechanics combine recurring chamber membership dues, corporate event sponsorships led by WeatherTech as presenting sponsor, modest event registration fees ($5-$15 per attendee), and occasional professional services/certification revenue. Distribution is geographically constrained to Berwyn and surrounding Suburban Cook County, though BDC cites Berwyn as Illinois' densest township across 4 square miles, with a population of ~60,000 that is 63% Hispanic, 9% Black, 2% Asian, and home to the third-largest self-identified LGBTQ+ community outside Chicago. Marketing channels are predominantly in-person events, organic social (Facebook, Instagram, LinkedIn, YouTube), a Constant Contact newsletter, an online member directory at business.berwyn.net, and earned media including an NBC 5 News feature.
Berwyn Development Corporation firmographics
Firmographics- Name
- Berwyn Development Corporation
- Legal name
- Berwyn Development Corporation
- Website
- https://www.berwyn.net/
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Berwyn Development Corporation is a nonprofit firm for the economic development of the community via training and digital marketing.
- Ownership category
- akta.pro rank
Berwyn Development Corporation industry classification
Industry- Product category
- Economic Development and Chamber of Commerce Services
- NAICS
- Convention and Trade Show Organizers (561920)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Economic Development & Business Licensing (Local) (BPAIACAN)
- akta.pro secondary industry
- Corporate Foundations & CSR Grantmaking (BPAGAKAC)
Keywords
Where Berwyn Development Corporation is headquartered
LocationHeadquarters
- HQ city
- Berwyn
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Berwyn Development Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Chamber Membership Fees: Tiered membership structure with multiple investor levels (Tier 6 Trustees, Tier 5 Investors, Tier 1 Members). Local businesses and organizations pay membership fees to join the chamber and access networking, promotional, and business development resources.
- Event Sponsorships: Corporate sponsorships for community events including WeatherTech (Cruise Nites, Rt.66 Car Show presenting sponsor), and tiered event sponsorships (Pro Stock, Fuel, Full Race, Stock levels). Sponsors receive visibility and brand placement at high-traffic community events.
- Event Registration Fees: Fees for member and non-member event attendance. Examples: Business After Hours ($10 members, $15 non-members), Women in Business ($5 Tier 1 Members), some events offered free to encourage participation.
- Business Services and Training: Fees for professional development and certification programs, such as Food Service Sanitation Manager Certification. Some programs are free (supported by partners like Cook County Small Business Source) while others may have nominal fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Business After Hours networking event |
| Transaction based/ take rate | Pay-as-you-go | Women in Business monthly meeting |
| Unit Pricing | Pay-as-you-go | Food Service Sanitation Manager Certification Class |
| Unit Pricing | Pay-as-you-go | Grand Re-Opening of ATAX |
| Unit Pricing | Pay-as-you-go | WeatherTech Berwyn Rt.66 Car Show |
| Freemium | Pay-as-you-go | Way to Wealth Formula webinar |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels9 records
Berwyn Development Corporation product offering
Product offeringCore offering
Berwyn Development Corporation is a 501(c)(3) nonprofit operating as a public-private partnership with the City of Berwyn to provide chamber of commerce services and economic development support. It sells tiered chamber memberships to local businesses, organizes signature community events such as Cruise Nites and the Rt.66 Car Show, administers small business lending programs and the Finish Line Grant, and delivers business advising, training, and certification programs (such as ServSafe).
Product overview
Berwyn Development Corporation (BDC) is a 501(c)(3) nonprofit organization that serves as a public-private partnership with the City of Berwyn, providing chamber services and economic development support. The organization operates as a chamber of commerce offering membership services, business advising, and training programs, while simultaneously functioning as an economic development entity providing funding sources, small business lending, and property resources. BDC organizes and sponsors community events and festivals including Berwyn Cruise Nites, Pride Walk, Taste of Cermak Road, and the WeatherTech Rt.66 Car Show. The portfolio includes specialized programs such as the Finish Line Grant for small businesses, ServSafe certification training for hospitality workers, and the annual Berwyn Non-Profit of the Year Award.
Differentiator
Problem solved
Functional benefit
Products and services
- Chamber Membership Services Tiered chamber membership program (Tier 6 Trustees, Tier 5 Investors, Tier 1 Members) for local Berwyn businesses, providing networking opportunities, advocacy, promotional visibility, ribbon cuttings, grand openings, access to the membership directory, and member-to-member referrals.
- Business Advising and Training One-on-one business advising, custom business training, and educational workshops (e.g., Way to Wealth Formula, Cyber Risk webinars) for entrepreneurs and business owners in Berwyn.
- Economic Development Programs Economic development initiatives including business retention, recruitment, and expansion support, Tax Increment Financing (TIF), economic recovery and resilience programming, and access to funding sources for Berwyn businesses.
- Small Business Lending Small business lending program and Finish Line Grant providing capital access to local businesses and entrepreneurs in Berwyn.
- Finish Line Grant Grant program providing funding support to small businesses in Berwyn, delivered through the BDC's economic development programs.
- ServSafe Food Service Sanitation Manager Certification Free ServSafe certification class provided in partnership with the Illinois Restaurant Association for restaurants and hospitality employees in Berwyn and Suburban Cook County.
- Available Properties and Vacancy Tracking Commercial real estate resource providing information on available properties, vacancy tracking, maps, and city planning documents for businesses looking to locate in Berwyn.
- The Berwyn Shops (Project Homegrown) Economic development initiative supporting local businesses and commercial corridors, including resources for starting and growing businesses in Berwyn.
Companies that use Berwyn Development Corporation
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles3 records
Berwyn Development Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Berwyn Development Corporation partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered major, core, supporting and flagship.
- Morton CollegemajorJoint presentation of 'Awareness Before Action: Cyber Risk for Small Business Webinar' focusing on real-world cyber incidents affecting small businesses. Morton College provides educational expertise and resources.
- Paisans Pizzeria & BarmajorPro Stock sponsor for Rt.66 Car Show and Chevy Nite sponsor at Cruise Nites. Long-term community supporter and Tier 6 Trustee investor.
- Illinois Restaurant AssociationcorePartnership to provide FREE ServSafe Food Service Sanitation Manager Certification to Berwyn and Suburban Cook County food businesses. The Illinois Restaurant Association provides certification curriculum and testing while BDC facilitates local delivery.
- Cook County Small Business SourcecoreFunding and programmatic support for the Food Service Sanitation Manager Certification program. Provides resources to support restaurants and hospitality employees in Suburban Cook County.
- Berwyn Public LibrarycoreVenue partner for community events and workshops including Food Service Sanitation Manager Certification. Provides Community Room for programming.
- Associates in Behavioral SciencesupportingFuel-level sponsor for Rt.66 Car Show.
- WeatherTechflagshipPresenting sponsor for Berwyn Cruise Nites (summer series) and the 33rd Annual WeatherTech Berwyn Rt.66 Car Show. High-profile sponsorship providing significant event funding and national brand recognition.
- Chicago White SoxmajorOpening Night sponsor for WeatherTech Berwyn Cruise Nites, kicking off the summer car show series.
- Berwyn Firefighters Local 506supportingSponsor of Vintage Vroom event at Cruise Nites, demonstrating community support from first responders.
- Output Berwyn Sports BarsupportingSponsor of Modern Marvels event at Cruise Nites. Local business supporting community events.
- Buddy Bear Car Wash and Gas PlussupportingFuel-level sponsor for Rt.66 Car Show. Local Berwyn business supporting community events.
- City of BerwyncoreFormal public-private partnership where BDC serves as the City's designated economic development agency and chamber of commerce. BDC provides economic development support, chamber services, and business development programs on behalf of the City. Mayor Robert J. Lovero collaborates on community initiatives including Pride Walk and business development.
- Bungalo+coreBerwyn's oldest LGBTQ+ community organization, co-organizing the annual Pride Walk. Focused on community engagement and combatting social isolation within the LGBTQ+ community. BDC collaborates on event planning and LGBTQ+ advocacy initiatives.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Berwyn Development Corporation competitors and assessment
Company assessmentDirect peers
- Naperville Area Chamber of Commerce: Suburban Chicago chamber of commerce serving a single municipality with membership tiers, signature events, and economic development advocacy. Most directly comparable to BDC in scale and structure.
- Oak Park River Forest Chamber of Commerce: Neighboring inner-ring suburb chamber offering membership, networking, and community events. Comparable size, demographic focus, and public-private relationship with local government.
- Aurora Regional Chamber of Commerce: Larger suburban Chicago chamber with tiered membership, signature events, and economic development programming. Operates in a comparable model to BDC but at greater scale.
- Joliet Region Chamber of Commerce: Chamber serving Joliet and surrounding Will County communities, with membership, advocacy, and signature events. Comparable model targeting suburban Illinois businesses.
- Local Initiatives Support Corporation (LISC): National nonprofit community development financial institution supporting small businesses in underserved communities. Comparable economic development programming model with grants, lending, and technical assistance.
- Mainstreet America (National Main Street Center): National nonprofit focused on commercial district revitalization and economic development through local programs. Comparable small-business retention, attraction, and downtown programming.
Broad incumbents
- Chicagoland Chamber of Commerce: Regional chamber serving the broader Chicago metro area with a larger portfolio of policy advocacy and events. Operates at much greater scale but in the same chamber/economic development category.
- Illinois Chamber of Commerce: Statewide chamber of commerce providing advocacy, networking, and economic development services. Operates across multiple industries and geographies that BDC serves at the local level.
- Choose Chicago: City-level destination marketing organization running large signature events and sponsorship programs. Comparable event-driven GTM and corporate sponsorship structures, though at citywide scale.
Others
- International Economic Development Council (IEDC): Professional association for the economic development industry. Comparable in mission alignment but functions as a membership association serving economic development practitioners rather than operating programs directly.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Berwyn Development Corporation social profiles
Digital presenceBerwyn Development Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Berwyn Development Corporation leadership team
Management profileNumber of profiles
Profiles5 records
Berwyn Development Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Berwyn Development Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Berwyn Development Corporation
What does Berwyn Development Corporation do?
Berwyn Development Corporation is a 501(c)(3) nonprofit operating as a public-private partnership with the City of Berwyn to provide chamber of commerce services and economic development support. It sells tiered chamber memberships to local businesses, organizes signature community events such as Cruise Nites and the Rt.66 Car Show, administers small business lending programs and the Finish Line Grant, and delivers business advising, training, and certification programs (such as ServSafe).
Is Berwyn Development Corporation a public or private company?
Berwyn Development Corporation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Berwyn Development Corporation founded?
Berwyn Development Corporation was founded in 1983. It employs 11 to 50 people.
Where is Berwyn Development Corporation based?
Berwyn Development Corporation is headquartered in Berwyn, United States, in the North America region.
How does Berwyn Development Corporation make money?
Four revenue lines are on record. Chamber Membership Fees are the primary driver. The others are event Sponsorships, event Registration Fees and business Services and Training.
Who are Berwyn Development Corporation's main competitors?
Direct peers on record are Naperville Area Chamber of Commerce, Oak Park River Forest Chamber of Commerce, Aurora Regional Chamber of Commerce, Joliet Region Chamber of Commerce, Local Initiatives Support Corporation (LISC) and Mainstreet America (National Main Street Center). Broad incumbents are Chicagoland Chamber of Commerce, Illinois Chamber of Commerce and Choose Chicago. International Economic Development Council (IEDC) is listed as an others.
Does Berwyn Development Corporation have an API?
No public API is recorded for Berwyn Development Corporation.
What industry is Berwyn Development Corporation in?
Berwyn Development Corporation's product category is Economic Development and Chamber of Commerce Services. Its primary akta.pro industry code is BPAIACAN, Economic Development & Business Licensing (Local), with a secondary code of BPAGAKAC, Corporate Foundations & CSR Grantmaking. Its NAICS code is 561920 and its SIC code is 8600.