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Welcome to the Chicago-Cook Business Center (CCBC) website. The CCBC is a public agency and is the principal economic development organization for the Chicago-Cook County region. It is a single source contact organization that works with prospect companies by providing market information, technical assistance, tax incentives, financing, building and land identification, strategic partner searches, and international expansion assistance. Business services are confidential and free of charge
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What is CCBC's Mission?
CCBC's mission is to stimulate the Chicago-Cook economy and enhance the region's quality of life, work, and play. In cooperation with its global network of economic development partners, it accomplishes this mission by assisting local companies grow and penetrate new markets and by attracting new companies to the Chicago-Cook region.
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What are its Objectives?
CCBC will assist domestic and international companies in locating to or expanding in the Chicago market. It will work to expand targeted business sectors as the primary means of sustaining a high quality of life while also maintaining a favorable tax environment. Where possible, it will target businesses that are able to pay their employees higher wages, while still maintaining a low cost of doing business. CCBC will lead in aggressively marketing the region's competitive advantages; assist in the retention and attraction of business to the Chicago region; maintain a comprehensive database and library; and, collaborate with the private, public, and not-for-profit sectors. |
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What Does it Do?
CCBC provides business development assistance to domestic and international companies. As the regional marketing organ, it coordinates and conducts promotion initiatives, including trade show participation. It administers the financing and tax incentive programs for business. It publishes (digital and print) economic information, research reports, and marketing materials. It conducts economic, market, and strategic research. It functions as an information clearinghouse and library. It develops strategic planning, policy and legislative and administrative recommendations for economic development. It is the protocol office for the government and handles intergovernmental relations and diplomatic relations with foreign governments and entities. It obtains federal and state grants for economic development and manages projects and consulting contracts. It forms and coordinates strategic alliances and partnerships with business, not-for-profit organizations, and government.|
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How is CCBC Funded?
The unique concept about CCBC is the way it leverages its resources through partnerships and technology. Primary funding is provided by Cook County government, and state and federal grants. CCBC also garners financial support and co-sponsorships for targeted projects from private business.
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How Does CCBC Measure its Success?
CCBC tracks several key performance measures, including but certainly not limited to: the number of direct full-time jobs created or retained; the number of companies and organizations assisted; the promotion and development of economic opportunity for the region; the success of companies involved in international trade; the number of successful economic development projects; and, the overall satisfaction rate of our customers.|
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How is CCBC Staffed?
The unique concept about CCBC is the way it leverages its resources through partnerships and technology. The CCBC has an in-house staff of six and a continuously updated set of sophisticated digital tools for large-scale communication, marketing, and business assistance. In addition, CCBC contracts with economic development professionals, including the World Trade Center Chicago, and receives collaboration and in-kind services from other economic development organizations for specific projects.|
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Where are its Offices?
Headquartered in downtown Chicago, CCBC also has satellite offices in the Partner Regions of Italy and Ireland as well as direct use of the State's foreign offices in 12 countries throughout the world.|
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Today's News
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chicagotribune.com - Business Fri, 7 Aug 2009 00:00:00 -0500 |
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Why McDonald's can't back Chicago's 2016 bid When long-time Olympic sponsor McDonald's Corp. hosted a high-glitz promotional event Thursday, a day ahead of the Summer Games, 200 journalists swarmed the competition.
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Dow falls 224 on job, spending worries NEW YORK (AP) _ Stocks declined Wednesday, a day after a big rally, as troubled mortgage financier Freddie Mac reported a larger-than-expected second-quarter loss and touched off fresh concerns about the financial sector.
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Merc's Melamed resigns from post at Singapore exchange The legendary former chairman of the Chicago Mercantile Exchange sidestepped controversy by resigning this week from a position with a new futures market based in Asia, according to a source familiar with the situation.
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Lexus alone atop dependability study for 14th year NEW YORK (AP) _ Lexus once again stands alone atop a closely watched ranking of vehicle dependability after Buick slipped from the No. 1 spot it shared with the Japanese luxury brand last year, J.D. Power and Associates said Thursday.
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Major Internet security flaw may also affect e-mail LAS VEGAS (AP) _ A newly discovered flaw in the Internet's core infrastructure not only permits hackers to force people to visit Web sites they didn't want to, it also allows them to intercept e-mail messages, the researcher who discovered the bug said Wednesday.
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Report: Chrysler, Nissan in talks on midsize cars Chrysler LLC and Nissan Motor Co. are in talks
over an agreement to jointly produce midsize cars, according to a
published report.
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Insurer won't pay hospitals when serious mistakes are made To boost quality and cut costs, insurer won't pay for medical errors called 'never events'
In health care, the customer isn't always right.
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Sara Lee swings to loss on charges, wheat costs Sara Lee Corp., which makes Jimmy Dean sausages and Hillshire Farm deli meats, posted a loss for its fiscal fourth quarter on Thursday as it reduced the value of some assets amid a softening economy and soaring wheat costs.
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Shoppers focus on necessities, shun apparel in July NEW YORK (AP) _ Americans faced with high gas and food prices focused even more on necessities and shunned clothing purchases in July, resulting in solid gains for discounters and sluggish sales for mall-based apparel stores.
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Jobless claims at highest point in 6 years WASHINGTON (AP) _ The government says the number of people signing up for jobless benefits climbed to its highest point in more than six years as companies cut back given the faltering economy.
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