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Illinois Business Developments Illinois is the most populous market of the Midwest and home to more than 22,000 corporate headquarters, a bustling entrepreneurial scene, and [[https://www.speedrun.com/user/Pressez|135c press release]] more than 1.2 million small businesses, is home to the infrastructure that companies require to thrive in the modern business. The world's best infrastructure connects businesses with their suppliers and customers to skilled workers in various fields and an advanced manufacturing base, Illinois excels in a variety of areas such as clean and advanced energy, agribusiness, IT life sciences, transportation logistics. Illinois has witnessed a significant increase in foreign investment over the last few years. Countries like Britain, Japan, Germany and China were among the countries that most invested in Illinois In 2023, this sum was greater than USD $13.2 billion in agricultural, manufacturing, and other sectors in Illinois alone. [[https://www.yahoo.com|(Image: [[https://dribbble.com/search/shots/popular/20src=|https://dribbble.com/search/shots/popular/20src=]])]] In 2014, over $1 billion in incentives were granted under Illinois Reimagining Energy and Vehicles program to businesses that offer electric vehicles and clean energy production. Last month, DCEO also granted PsiQuantum Manufacturing with an incentive package that was worth over 200 million dollars for their new high-tech facility in East Alton. Governor JB Pritzker was joined by representatives from The Chan Zuckerberg Initiative, Chan Zuckerberg Biohub Network and local officials today in Chicago to inaugurate CZ Biohub Chicago - a innovative research hub that is that is at the forefront of cutting-edge scientific research. The project will unite University of Chicago, Urbana-Champaign State University (UIUC) and Northwestern University researchers to study the development of human tissues as well and develop revolutionary therapies. Governor JB Pritzker and Flender Corporation recently announced they are expanding their current factory in Elgin that will result in 50 full-time positions while keeping the 140 full-time jobs they have currently. The Illinois Small Business Development Center at Southern Illinois University is funded in part through a cooperative agreement among U.S. Small Business Administration, Illinois Department of Commerce and Economic Opportunity and Southern Illinois University. The Center provides local entrepreneurs with assistance in beginning or expanding their business through programs such as free workshops on business planning and one-on-one sessions with expert Business Advisors and access financing options. State officials in Indiana are pushing employers to offer better wages and benefits as a way of keeping child care employees in the United States as they face a shortage of jobs. The move comes after the closure of a child care center located in Bronzeville where it was difficult to retain staff. Illinois Department of Labor also created an online tool to provide small-sized businesses with information on labor laws. Employers can search by keyword or browse categories on the website, as well as connect with state agencies and sources. Illinois Business Development Authority (IBDA) has taken steps to raise awareness of Illinois' tax incentives for expanding businesses by hosting an online webinar on the subject. The webinar was recorded and will later be archived on their website.
