Partnering for Prosperity - An Economic Growth Action Agenda for Cook County was commissioned by Cook County President Toni Preckwinkle and prepared by the Council of Economic Advisors (CEA). It outlines an industry-cluster based strategic approach to economic development and job growth
View Plan: Partnering for Prosperity.pdf
Regional and Special Initiatives
The Chicago Regional Growth Corporation (CRGC) launched in 2018, drives collaboration across the seven county Chicago region, including the City of Chicago, to generate inclusive growth and prosperity . It has assisted 155 companies increase their export sales by $45.7 million and create 165 jobs since 2015. In 2019, we increased participation by firms in the South Suburbs by 75%.
South Suburban Economic Growth Initiative (SSEGI) provides an opportunity for the County to scale, amplify and leverage regional programs, resources and investments in the South Suburbs. In 2019 SSEGI catalyzed establishment of a new Small Business Development Center to serve the Southland, and targeted infrastructure investments to support business retention and expansion.
Underpinning all our work, SSEGI has a focus on inclusive growth — that is, growth that focuses on creating long-term value, and increasing the productivity and participation of all people — particularly those who have historically been left out — to own and drive the enormous wealth creation emerging in today’s economy. Key to the success of the South Suburban Economic Growth Initiative is establishing a Southland Development Authority. Southland political, business and civic leaders, recognizing the need to overcome historical fragmentation and local competition, are creating new institutional and financial capacity to collaboratively undertake coordinated, large-scale and long-term economic development. This quarterback institution will facilitate the strategic, large-scale investment that is necessary to propel the Southland forward again. Launch is anticipated in late-2019.
Sector Partnerships: Cook and Will Counties launched the industry driven Will/Cook Transportation, Distribution and Logistics Partnership to leverage the opportunities and challenges facing this growth sector. This effort represents follows the launch of the Calumet Manufacturing Industry Sector Partnership.
2020 Census - Cook County, in conjunction with the Complete Count Commission, will champion the importance of maximizing full participation in the census throughout the county. In 2019 Cook County issued an RFP to design and implement an aggressive outreach program (utilizing multi-channels of communication, media and technology) to improve the response rate in-hard-to-count communities. The County expects Board approval of a recommended consultant in September 2019 with work beginning in October 2019 and continuing through August 2020.