The Department of Commerce and Economic Opportunity (DCEO) is charged with enhancing Illinois' economic competitiveness by providing technical and financial assistance to businesses, local governments, workers and families. As the state's lead economic development agency, DCEO works to capitalize on Illinois' strengths as a center of transportation, manufacturing and technology development. The agency actively promotes the state's business-friendly policies, highly productive workers, and entrepreneurial spirit -- attributes that helped Illinois win Site Selection magazine's Governor's Cup as the top state in the nation for business development.
DCEO administers a wide array of programs and services designed to help Illinois businesses thrive in the global economy. Whether it's offering expansion incentives, technology support services, access to capital, global marketing expertise, or job training and education for workers, DCEO is committed to forging partnerships with the private sector in an effort to build upon Illinois' reputation as a center for business and industry. This includes a strong emphasis on programs designed to provide small businesses -- particularly minority and female entrepreneurs -- with the resources they need to succeed.
Other ingredients needed for a vibrant Illinois economy include strong communities and families. To that end, DCEO assists local governments with their management and infrastructure needs and facilitates the use of innovative energy, recycling and waste reduction technologies. The agency also coordinates federal, state and local programs to ensure that low-income residents are not left behind, but helped to break the cycle of poverty.