Illinois Department of Commerce and Economic Opportunity

America’s Hero: The Entrepreneur

09/29/2011
by Emily Dietrich In page after page of Atlas Shrugged, Ayn Rand depicts her real life hero – the entrepreneur. After a Library of Congress survey revealed that readers of Atlas Shrugged rate the novel only second to the Bible as the most influential book in their lives, it’s no surprise that this way of thinking has taken root. Entrepreneurs...

Stop Picking Winners and Losers

08/23/2011
by Emily Dietrich This year Illinois lawmakers spiked taxes on employees and employers alike. But when big businesses threatened to move to other states in response to the higher taxes, Illinois politicians rushed in and offered tax cuts and other incentives. Companies like Motorola and Caterpillar were saved. But what’s the real story behind the tax increases?...

Quinn’s Corporate Handouts Hold No Promises

06/24/2011
by Alex Miller Representative Jack Franks, D-Woodstock, took the House floor on Wednesday, fervently criticizing the lofty tax exemptions that Governor Quinn has granted to large corporations who have threatened to leave the state due to Illinois’s poor economic outlook.  Franks insisted that he could not, in good conscience, watch so many millions fly into the hands of...

A Tale of Two Speeches

02/28/2011
Madison and Springfield less than 300 miles apart, yet they couldn't be more different in their approaches to governing.

Work on Industrial Arts Glass Studio Costs Illinois Taxpayers $71k

By Chris Andriesen
11/26/2010
by Wesley Fox According to the Department of Commerce and Economic OpportunityGrant Tracker website, the Little Black Pearl Workshop received a $71,000 grant to help complete the industrial arts glass studio, located at 1060 East 47th Street in Chicago.  Specifically the funds were to be “used to complete the installation of a hood and exhaust system...

Illinois Pays $100k to Host a Football Game Between Two Out-of-State Universities

By Chris Andriesen
11/01/2010
by Wesley Fox The Chicago Football Classic Inc. received a $100,000 grant to assist in hosting the Chicago Football Classic. According to the DCEO website the game “will feature Mississippi Valley State versus Southern University.” Southern University is located in Baton Rouge, Louisiana and Mississippi Valley State is located in Itta Bena, Mississippi. The grant was part of...

Grant for Costumed Actors Costs Taxpayers $79K

10/26/2010
by Wesley Fox In 2009, the Department of Commerce and Economic Opportunity awarded a $79,000 to the Looking for Lincoln Heritage Coalition (search “Looking for Lincoln” – Grant #09337008).  The Grant was awarded to “cover costs associated with hosting a Living History Program” that would include “costumed interpreters” to lead daily tours of historical locations around Springfield. According...

Chicago Horticultural Society receives $250k for its Conservation Center

10/22/2010
by Wesley Fox In 2009 the Chicago Horticultural Society received a $250,000 grant from the Department of Commerce and Economic Opportunity “to assist in the development of the visitor interpretive features in the Daniel F. and Ada L. Rice Plant Conservation Science Center.”  The Center is located at the Chicago Botanical Gardens. According to the DCEO Grant Tracker website (search Chicago...