WORLD BUSINESS CHICAGO


Associated tags: City, Ecosystem, Transport, ISTC, News, World Business Chicago, Airline, Innovation, Economic development, Workforce

Locations: UNITED STATES, NORTH AMERICA, DUPAGE COUNTY, TILIA, CALIFORNIA, JACOBS, MCHENRY, ILLINOIS, CHICAGO, MCHENRY COUNTY, ROGERS PARK

CHICAGO NAMED TOP METRO FOR CORPORATE INVESTMENT, 11 YEARS IN A ROW BY SITE SELECTION MAGAZINE

Retrieved on: 
Friday, March 1, 2024

CHICAGO, March 1, 2024 /PRNewswire/ -- Mayor Brandon Johnson, alongside representatives from World Business Chicago and key figures from the Greater Chicagoland Economic Partnership, gathered at S&C Electric in Chicago's Rogers Park neighborhood to announce that, for the eleventh consecutive year, Chicago has secured the prestigious title of the top metro area in the United States for corporate investment, according to Site Selection magazine. This ranking underscores Chicago's sustained appeal as a prime destination for business growth and development.

Key Points: 
  • Chicago: #1 U.S. Metro for Corporate Relocation & Site Selection, 11 years running, by Site Selection Magazine
    "Access to diverse talent, global connectivity and the City's strong infrastructure are among the reasons why Chicago has been ranked a top metropolitan area for selection and corporate relocation for 11 years," said Mayor Brandon Johnson.
  • Congratulations to all those involved in making this happen and thank you to Site Selection magazine for this recognition."
  • Kane County Board Chairman Corinne Pierog: "The recognition from Site Selection magazine highlights the region's allure for new businesses and investments.
  • This continuous recognition by Site Selection magazine affirms that our city and metro area stand as beacons for business growth and innovation.

Mayor Johnson & World Business Chicago Announce 2024 Chicago Venture Summit Future-of-Food

Retrieved on: 
Tuesday, January 30, 2024

CHICAGO, Jan. 30, 2024 /PRNewswire/ -- Chicago Mayor Brandon Johnson, in partnership with World Business Chicago, announces the return of the Chicago Venture Summit Future-of-Food. As the leading hub for food production in the nation, Chicago boasts a thriving ecosystem encompassing traditional food giants, innovative startups, ingredient pioneers, and unparalleled talent. The event, scheduled for May 23, 2024, will be held at 167 Green Street, bringing together visionary entrepreneurs, savvy investors, and industry leaders at the forefront of technology-driven transformations shaping the food industry's future.

Key Points: 
  • Chicago Region's Flagship Venture Summit Returns to 167 N. Green Street on May 23
    CHICAGO, Jan. 30, 2024 /PRNewswire/ -- Chicago Mayor Brandon Johnson, in partnership with World Business Chicago, announces the return of the Chicago Venture Summit Future-of-Food.
  • "On behalf of the residents of our great city and its vibrant business community, I look forward to the 2024 convening of the Chicago Venture Summit, Future of Food," said Mayor Brandon Johnson.
  • Organized by World Business Chicago, the Chicago Venture Summit stands as one of the region's flagship innovation and venture programs.
  • "I'm immensely proud of the World Business Chicago team leading this effort," said Michael Fassnacht, President & CEO, World Business Chicago.

World Business Chicago Announces Appointment of Charles E. Smith as Vice Chair

Retrieved on: 
Monday, January 22, 2024

CHICAGO, Jan. 22, 2024 /PRNewswire/ -- World Business Chicago (WBC) announces the appointment of Charles E. Smith as its new Vice Chair, succeeding Mellody Hobson, who served with distinction since 2019. As the Chief Executive Officer of CS Insurance Strategies, a Marsh and McLennan Company specializing in comprehensive commercial insurance brokerage services, Smith brings a formidable business background to this role.

Key Points: 
  • CHICAGO, Jan. 22, 2024 /PRNewswire/ -- World Business Chicago (WBC) announces the appointment of Charles E. Smith as its new Vice Chair, succeeding Mellody Hobson, who served with distinction since 2019.
  • Mayor Johnson, who serves as chair of WBC, expressed his support for this appointment, stating, "Charles Smith is an outstanding business leader.
  • "Serving as Vice Chair of World Business Chicago has been an honor, and I am confident that Charles Smith will infuse fresh insights and vitality into this crucial role," Hobson said.
  • Michael Fassnacht, outgoing president and chief executive officer of World Business Chicago expressed his support for the selection, "I thank Mayor Johnson for choosing Charles as Vice Chair, and I look forward to continuing to serve with him on the World Business Chicago Board," he said.

National Community Investment Fund In Partnership with Innovate Illinois Submits $1 Billion "Rust Belts to Green Belts" EPA Funding Proposal

Retrieved on: 
Wednesday, November 22, 2023

CHICAGO, Nov. 21, 2023 /PRNewswire-PRWeb/ -- The National Community Investment Fund (NCIF), a Chicago-based non-profit, national community development financial institution and impact investor, in partnership with Innovate Illinois, a public-private partnership that secures federal funding for Illinois, today announced that it has submitted a $1 billion funding proposal to the Environmental Protection Agency's Clean Communities Investment Accelerator. Named "Rust Belts to Green Belts," (R2G) the NCIF proposal addresses the historical tension between industrial corridors and their surrounding neighborhoods by supporting clean technology adoption, job creation, wealth building, retrofitting of affordable housing and environmental improvements in low-income and disadvantaged communities (LIDACs).

Key Points: 
  • The National Community Investment Fund (NCIF), a Chicago-based non-profit, national community development financial institution and impact investor, in partnership with Innovate Illinois, a public-private partnership that secures federal funding for Illinois, today announced that it has submitted a $1 billion funding proposal to the Environmental Protection Agency's Clean Communities Investment Accelerator.
  • CHICAGO, Nov. 21, 2023 /PRNewswire-PRWeb/ -- The National Community Investment Fund (NCIF), a Chicago-based non-profit, national community development financial institution and impact investor, in partnership with Innovate Illinois , a public-private partnership that secures federal funding for Illinois, today announced that it has submitted a $1 billion funding proposal to the Environmental Protection Agency's Clean Communities Investment Accelerator .
  • Led by the NCIF with support from coalition members Appalachian Community Capital, the Chickasaw Nation, Accion Opportunity Fund, and the National Urban League, the Rust Belts to Green Belts proposal also includes coordination partners Innovate Illinois, P33 and World Business Chicago.
  • "In partnership with the National Community Investment and Innovate Illinois, we have established good jobs, clean technology, economic development, and environmental justice as core tenets of our clean energy future.

GOVERNOR PRITZKER, MAYOR BRANDON JOHNSON, WORLD BUSINESS CHICAGO & CHICAGOLAND BUSINESS LEADERS LAUNCH THE CHICAGOLAND CLIMATE INVESTMENT ALLIANCE TO DRIVE CLIMATE INNOVATION & ECONOMIC DEVELOPMENT

Retrieved on: 
Thursday, October 5, 2023

The Chicagoland Climate Investment Alliance (the "Alliance") represents a pivotal step forward in harnessing the strengths of the Chicagoland region and the broader Midwest, positioning it as a leading hub for climate innovation, economic development, and investment.

Key Points: 
  • The Chicagoland Climate Investment Alliance (the "Alliance") represents a pivotal step forward in harnessing the strengths of the Chicagoland region and the broader Midwest, positioning it as a leading hub for climate innovation, economic development, and investment.
  • The Alliance will support the commercialization of climate technologies and strengthen the region's innovation ecosystem to address climate challenges through technology and innovation.
  • "The landmark Chicagoland Climate Investment Alliance is another step forward that will propel our workforce, industries, and businesses toward an equitable, clean energy future.
  • The Chicagoland Climate Investment Alliance will:
    Forge an Interconnected Climate Innovation Ecosystem: Prioritizing cohesive and impactful programming across sectors, including agtech, clean energy, water, food, and recycling.

Chicago Mayor Johnson Opens Chicago's Inaugural Venture Summit Future of Climate Tech

Retrieved on: 
Thursday, October 5, 2023

CHICAGO, Oct. 5, 2023 /PRNewswire/ -- Today, Mayor Brandon Johnson launched the inaugural Chicago Venture Summit Future-of-Climate-Tech, underscoring a pivotal moment for the city's advancement in the climate tech space. The Chicago Venture Summit, originally founded by Illinois Governor J.B. Pritzker in 2014, and annually orchestrated by World Business Chicago, has consistently been a magnet for tech and innovation leaders throughout the Midwest. Today's summit, focused on climate tech, has garnered immense attention and sold-out weeks in advance. Over 800 climate tech enthusiasts, founders, investors, and business leaders are gathered at the iconic 167 Green Street in the Fulton Market District, a convening that epitomizes the strength of the Chicago region's dynamic and burgeoning climate tech landscape.

Key Points: 
  • CHICAGO, Oct. 5, 2023 /PRNewswire/ -- Today, Mayor Brandon Johnson launched the inaugural Chicago Venture Summit Future-of-Climate-Tech, underscoring a pivotal moment for the city's advancement in the climate tech space.
  • "I'm pleased to welcome the more than 800 startup founders, investors, and innovators to the Chicago Venture Summit Future-of-Climate-Tech, showcasing our city's commitment to climate technology, sustainability, and renewable energy," said Chicago Mayor Brandon Johnson.
  • "Crowe is proud to call Chicago our home and being able to support the Chicago Venture Summit and Climate Tech is an honor for us."
  • "We are proud to sponsor the Chicago Venture Summit Future-of-Climate-Tech event and to continue to build Chicago's profile as a hub for climate innovation by taking part in the inaugural Chicago Climate Week."

THE WORLD BUSINESS CHICAGO RESEARCH CENTER PUBLISHES THE FIRST-EVER GREATER CHICAGOLAND REGION ASSET REPORT

Retrieved on: 
Wednesday, September 27, 2023

CHICAGO, Sept. 27, 2023 /PRNewswire/ -- Today the World Business Chicago Research Center published an asset report detailing the economic viability of the  Greater Chicagoland Economic Partnership (GCEP), now available at https://infograph.venngage.com/pl/grYazVGvxis.

Key Points: 
  • This report is not just a reflection but a celebration of its stature as both an economic powerhouse and an evolving super region," commented Michael Fassnacht, President & CEO, World Business Chicago.
  • Economic Diversity & Resilience: Unlike metro areas dominated by a single industry, the Chicagoland region boasts the U.S.'s most diversified economy.
  • "The GCEP Asset Report is not merely informational—it's a declaration of our region's rich economic legacy and promising future," remarked Hannah Loftus, Director, Research, World Business Chicago.
  • Both World Business Chicago and the Greater Chicagoland Economic Partnership share a vision to guide the Chicagoland region towards embracing our varied economic strengths and cultivating an environment conducive for collaborative growth and shared economic prosperity.

UPSIDE Foods Selects Chicago Metropolitan Area for its First Commercial-Scale Cultivated Meat Production Plant

Retrieved on: 
Thursday, September 14, 2023

UPSIDE Foods' commercial plant, named "Rubicon", is designed to produce millions of pounds of cultivated meat products, starting with cultivated chicken.

Key Points: 
  • UPSIDE Foods' commercial plant, named "Rubicon", is designed to produce millions of pounds of cultivated meat products, starting with cultivated chicken.
  • BERKELEY, Calif., Sept. 14, 2023 /PRNewswire/ -- UPSIDE Foods , the leading cultivated meat, poultry and seafood company, announced today that it selected the greater Chicagoland region for its first large-scale cultivated meat production plant.
  • We also congratulate UPSIDE Foods on their recent milestone of being the inaugural company to commercially sell cultivated meat in the United States.
  • UPSIDE selected the name "Rubicon" for its first large-scale cultivated meat production plant with an appreciation for its historical significance as a point of no return.

Chicagoland's Quantum Science & Innovation Detailed in New Research Report

Retrieved on: 
Wednesday, August 23, 2023

CHICAGO, Aug. 23, 2023 /PRNewswire/ -- The Chicagoland region stands on the precipice of becoming a global center for quantum technologies, suggests a report released today by World Business Chicago. The transformative impact of quantum technology is expected to outpace current computational capabilities and revolutionize sectors like automotive, finance, life sciences, and beyond.

Key Points: 
  • Read more in World Business Chicago's Chicago Business Bulletin, " Chicagoland's Quantum Ecosystem " published in partnership with the Chicago Quantum Exchange and P33 Chicago.
  • "The motivation behind this report was understanding that quantum, often likened to science fiction, is very real," expressed Robin Ficke, SVP, Research, World Business Chicago. "
  • Today's quantum ecosystem report provides an unbiased glimpse into the region's quantum tech landscape and its broader implications in the U.S. and world.
  • Including nearby quantum centers in Urbana-Champaign and Madison, Wisconsin, the Midwest region is the nation's third-largest quantum education hub.

Chicago Mayor Brandon Johnson & World Business Chicago Announce Inaugural Chicago Venture Summit Future-of-Climate-Tech October 5, 2023

Retrieved on: 
Monday, August 7, 2023

CHICAGO, Aug. 7, 2023 /PRNewswire/ -- Mayor Brandon Johnson joins World Business Chicago in announcing that the Chicago Venture Summit series, one of the largest startup and growth capital conferences in the country, will expand to include its first-ever edition focused on climate tech. The Chicago Venture Summit Future-of-Climate-Tech will be held on October 5, 2023, at 167 Green Street by Shapack Partners in the city's Fulton Market District.

Key Points: 
  • CHICAGO, Aug. 7, 2023 /PRNewswire/ -- Mayor Brandon Johnson joins World Business Chicago in announcing that the Chicago Venture Summit series, one of the largest startup and growth capital conferences in the country, will expand to include its first-ever edition focused on climate tech.
  • "The Chicago Venture Summit has consistently proven to be a leading conference series centered around sectors where our city and region excel," said Mark Tebbe, Chair of the Innovation and Venture Council at World Business Chicago.
  • World Business Chicago is also proud to announce the Consulate General of Canada in Chicago as a presenting international partner.
  • To learn more about registration or sponsorship opportunities, please email World Business Chicago Venture Events Manager Lauren Backe: [email protected] .