Illinois surpasses competitors in state business rankings

Illinois’ extensive business leadership perseveres with top rankings highlighted by CNBC’s 2023 Top States for Business publication. Business and educational opportunities continue to increase as Illinois surpasses the rankings of their neighbors and its own previous ranks. Based on 10 categories of competitiveness, Illinois is reported at top 10 in the nation for four categories and top 20 in six categories. Overall, Illinois is named the 17th best state for business, which is ahead by two places in their 2022 ranking and up from 30th in 2019.

Highlights of Illinois’ rankings:

• #2 in the nation for infrastructure
• #2 in the nation for education
• #6 in the nation for access to capital
• #9 in the nation for cost of living

Through the $45 billion Rebuild Illinois initiative, Illinois stimulates economic movement across the state with the completion of more than 5,300 miles of highway and nearly 500 bridges, as well as over 750 accessibility and safety improvements. Additionally, the initiative invests into Illinois’ educational foundation by passing Smart Start Illinois and increasing funding through the MAP Grant and AIM High.

Improved infrastructure, state-wide access to affordable education, and economic growth, combine to create higher quality of life for Illinoisans. Among its positive rankings in infrastructure and education, Illinois is a part of the top 20 states for life, health, and inclusion, which includes healthcare, worker protection, and voting rights.

Read more …

Illinois counties ranked top places to live in the U.S.

Some of America’s best counties are right here in Illinois. According to the July 2023 issue of Site Selection Magazine, several Illinois counties are cited as the best areas to live based on the total number of economic development projects each made from January 2022 to March 2023. When it comes to building a county into one of America’s best, Pat Boeshart, president and owner of LiteForm Technologies, says you must reflect on how you can do business through its inevitable challenges.

The report names Cook, Kane, DuPage, and Will counties as top ranking areas for living and business investments.

Each county takes great pride in its individual strengths and collaborative environment that continues to make them a rich blend of urban and rural locations, diverse faculties, affordability, high quality of life, and connectivity amongst their neighboring regions. Below are the four Illinois counties and their rankings.

• Cook County: Ranked #2 with 231 projects
• DuPage County: Ranked #9 with 91 projects
• Kane County: Ranked #14 with 52 projects
• Will County: Ranked #16 with 48 projects

For more information on these counties and stats, please read the report here.

How did we not know brownies were invented in Illinois?

Did you know Illinois is responsible for the creation of the brownie? This very popular sweet treat traces back to 1893 in the heart of Chicago. Bertha Palmer, the wife of the owner of the historic hotel, the Palmer House Hotel, asked her kitchen crew to whip up a desert that could be portable and served at the World’s Columbian Exposition fair at the request of the Board of

Directors of the 1893 World’s Columbian Exposition. This iconic fudgy treat made its debut at the World Fair with crunchy walnut sprinkles and savory apricot glaze. The brownies were served near frozen at the fair, and, quickly, this new chocolatey indulgence became a huge hit! Restaurants and cafes all across the world began to sell Mrs. Palmer's Brownies the same way – ice cold! Now, over a century later, this same recipe created by Bertha Palmer in 1893 is the same recipe used to make the famous Palmer House Brownies at the historic hotel in Chicago.

Brownies are such an easy treat to make and can be modified in countless ways to to fit everyone’s taste buds. Over the years, brownie recipes have evolved to include all sorts of ingredients from caramel to cream cheese. However, there is only one Original Palmer House brownie. To experience what thousands of 1893 fairgoers experienced for the first time ever in any lifetime, follow the recipe linked below!

• The Famous Palmer House Fudge Brownie

Highlighting the University of Illinois Urbana-Champaign entrepreneurs

Innovators, cultivators, visionaries, and a talented student body represent the successes within the University of Illinois Urbana-Champaign’s entrepreneurial climate. Alumni, graduates, and undergraduates are not only a part of world-changing programs – these entrepreneurs are leaders in their academic and professional fields.

The University of Illinois is “ranked among the top public universities for producing the most successful entrepreneurs,” according to Forbes. UIUC garners a rich entrepreneurial history in which alumni have committed their ideas to the marketplace and gone on to found some of the most renowned companies to date. Large public companies like YouTube and PayPal find their roots in the halls of UIUC in which two of YouTube’s founders Jawed Karim and Steven Chen earned their bachelor’s degrees in computer science and two of PayPal’s founders Max Levchin and Luke Nosek earned their bachelor’s degrees in computer science and computer engineering respectively.

Other major globally recognized companies include the online anime streaming service Crunchyroll, founded by alumni James Lin, and Tesla that is co-founded by alumni Martin Eberhard who received the 2008 Distinguished Alumni Award and was inducted into the Hall of Fame by Engineering at Illinois.

Among such highly esteemed graduates, the university continues to advance their students beyond the classroom through the support of innovative programs such as Duality – America’s first accelerator dedicated to quantum startups, as well as Chicago Quantum, The University of Chicago, Polsky Center of Entrepreneurship, Argonne National Laboratory, and P33. During a student’s academic career, faculty are also committed to fleshing out students’ ideas into reality by training its scientists and engineers to set their focus beyond academia and recognize the benefits their visions can grant a vibrant ever-changing society.

Read more on the current list of companies founded by the university’s alumni: Illinois Startups | Illinois Entrepreneurship | U of I.

For more information on the University of Illinois Urbana-Champaign’s entrepreneurial background: Why The University Of Illinois Is A Top College For Entrepreneurs (forbes.com).