The member companies have come together to reinforce that Chicago is a welcoming city for all.
(Bolingbrook, Illinois) January 30, 2023 – Mycocycle, Inc., a leader in using mycoremediation to process toxins out of waste, announced that it has joined Chicago H1-B Connect, a coalition of Chicagoland companies who are willing to sponsor the H1-B visas for technology workers who have been displaced in the nationwide technology industry layoffs.
According to the website Layoffs.fyi, over 157,000 tech workers lost their jobs in 2022, and the tech layoff rate isn’t slowing down. Over 50,000 workers at U.S.-based tech companies have been laid off this year alone. When an H1-B technology worker loses their job, they are left with 60 days to find a new one and the company must be willing to sponsor their visa.
“We are proud to be a member of this coalition and demonstrate our commitment to support and attract H-1B visa holders to the Chicago area,” stated Joanne Rodriguez, Mycocycle founder and CEO. “For foreign workers on H-1B status, losing their job jeopardizes their ability to stay in the U.S. Being part of this program is a win for all parties involved as companies benefit from the skills these workers bring to our businesses and the workers benefit by being able to continue living and working in this country.”
About Mycocycle
Mycocycle, Inc. was founded in October 2018. It is a woman-owned, early stage cleantech company using mycoremediation to process toxins out of waste. Mycocycle was one-of-seventeen companies worldwide selected to The Circulars Accelerator in 2022 through the World Economic Forum and Accenture, was the winner of the 2021 1871 Momentum Awards as an Industry Disrupter and Chicago Innovation “Up and Comer” Award, recognized as a Finalist in FastCompany’s “2021 World Changing Ideas” Awards issue, recognized as a Forbes “Next1000” Entrepreneur and Energy+Environment Top 100 Leader, selected as a Top 100 Global Deeptech Pioneer by Hello Tomorrow, and a 2020 Innovation selection in the EPA’s Innovation and America Recycle’s Fair. For more information visit www.mycocycle.com.
About Chicago H-1B ConnectLed by P33 and World Business Chicago, the coalition brings together the city’s leading civic organizations including the Commercial Club of Chicago, 1871, the Executives’ Club of Chicago, the Chicagoland Chamber of Commerce, the Corporate Coalition of Chicago, and MATTER, along with Fortune 500 corporations and rapidly scaling, well-funded startups to help support and to retain highly skilled and valuable international talent. For more information, visit gotechchicago.com/h1b/