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Plan for Economic Growth & Jobs
A coordinated effort to assess and expand Chicago’s economy, the Plan provides a set of goals, a framework for research and analysis, and strategies which are currently being implemented to foster regional growth.
10 Transformative Strategies

Key Components

  • Accelerate industry growth
  • Improve business processes
  • Help legacy manufacturers adopt advanced technologies
  • Expand workforce training programs
  • Improve access to funding

Key Initiatives

  • Manufacturing Innovation Institute (NNMi)
  • Manufacturing Hub
  • U of I Manufacturing Institute

Key Components

  • Retain current businesses and encourage expansion
  • Attract US companies looking to relocate or expand
  • Attract global companies seeking to establish a North American headquarters
  • Develop services to support headquarters

Key Initiatives

  • Strategic outreach
  • Data Center Express
  • International initiatives

Key Components

  • Reduce congestion
  • Enhance aging infrastructure
  • Develop logistics parks
  • Support industry innovations
  • Advocate for growth-minded laws and policies

Key Initiatives

  • SINC: Supply Chain Innovation Network of Chicago
  • Congestion management initiatives

Key Components

  • Develop new products and programs
  • Upgrade existing attractions
  • Improve convention and business travel experience
  • Leverage relationships to attract global travelers

Key Initiatives

  • Elevate Chicago
  • ThinkChicago
  • Sporting & industry events

Key Components

  • Connect companies with global market opportunities
  • Improve export readiness
  • Leverage Sister City, federal, state, and local resources to support reciprocal trade activities (e.g. FDI)

Key Initiatives

  • Trade Accelerator

Key Components

  • Enhance communication between employers and workforce development programs
  • Connect corporations’ needs with workforce development programs’ objectives
  • Provide accessible information to help institutions and workers make better decisions
  • Produce, attract and retain more graduates in engineering and technical fields

Key Initiatives

  • Skills for Chicagoland’s Future
  • ThinkChicago
  • Labor market information strategy

Key Components

  • Expand entrepreneurial networks with customers, venture capital, and mentorship opportunities
  • Focus on promising clusters
    – clean tech
    – bio science
    – web & mobile
  • Deepen ties between academia, capital, and industry

Key Initiatives

  • ChicagoNEXT
  • Bio Hub
  • UI Labs

Key Components

  • Develop financing systems for transformative investments
  • Identify and prioritize investments
  • Develop sustainable maintenance and operations plans

Key Initiatives

  • Infrastructure Trust
  • Under-utilized assets project database
  • Bus Rapid Transit

Key Components

  • Help small and diverse businesses leverage their unique economic assets
  • Encourage local procurement
  • Simplify and connect funding channels for small businesses

Key Initiatives

  • Seed Chicago
  • Anchor Institutions
  • Broadband: Smart Neighborhoods

Key Components

  • Streamline government processes
  • Engage residents and businesses directly
  • Establish transparent performance metrics for government business processes

Key Initiatives

  • Site Selector
  • Streamlining Licensing
  • Collaboration initiatives