Partnering for Prosperity - An Economic Growth Action Agenda for Cook County was commissioned by Cook County President Toni Preckwinkle when she first took office, and prepared by the Council of Economic Advisors (CEA). It outlines an industry-cluster based strategic approach to economic development and job growth. From this initial plan, we have grown our initiataives.
View Plan: Partnering for Prosperity.pdf
Regional and Special Initiatives
The Chicago Regional Growth Corporation (CRGC) 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 took place on November 13, 2019. For more information, please to to their website.
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 the launch of the Calumet Manufacturing Industry Sector Partnership. Two other regional initiatives are the Chicago Defense Resiliency Program and the Apprenticeship Expansion Program.