Illinois Department of Commerce to partner with non-profit for business development

Illinois Governor Bruce Rauner signed an executive order Wednesday requiring the state’s commerce department to work with a new non-profit to attract business to the state.

The Governor said the Illinois Business and Economic Development Corporation (ILBEDC) will work with the Department of Commerce to jump-start economic development.

“ILBEDC will make us more competitive to put Illinois back in the game after years of sitting on the sidelines, idly watching neighboring states and others lure businesses and jobs away from Illinois,” Governor Rauner said in a statement.” This collaboration will field a highly competitive, proactive organization focused strictly on business development and job creation.”