Economic development is the development of the economic wealth of countries or regions for the well-being of their inhabitants. The study of economic development is known as development economics.
Economic development is a sustainable increase in living standards that implies increased per capita income, better education and health as well as environmental protection.
Public policy generally aims at continuous and sustained economic growth and expansion of national economies so that 'developing countries' become 'developed countries'. The economic development process supposes that legal and institutional adjustments are made to give incentives for innovation and for investments so as to develop an efficient production and distribution system for goods and services.
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Economic Development :: Business and Economy

Industrial Council (NORBIC) - Membership offers businesses access to valuable information, grants, networking opportunities.
Meta Description: [ Norbic is a nonprofit economic development organization that promotes job growth and community advancement through the provision of technical and professional services to manufacturers in the greater Chicago area. ]
Better Cities Committee of Illinois - Seeks ways ways to improve the economic environment of urban areas through a fundamental fiscal reform that will lay the ground work for a more viable city. Features information on Henry George, views of and links to Georgist organizations.
Meta Description: [ The Better Cities Committee of Illinois seeks ways ways to improve the economic environment of urban areas through a fundamental fiscal reform that will lay the ground work for a more viable city. ]
Illinois Department of Commerce and Community Affairs - Provides a wide array of programs and services designed to help Illinois businesses thrive in the global economy.
Illinois Development Finance Authority - A self-supporting government agency that stimulates economic development throughout the state. Provides information on the agency's legal authority, request for proposals (RFPs), and financing products such as loans and bonds.
Illinois Empowerment Zone - Plans followed by government to alleviate poverty and seek ways to invigorate local economies of depressed areas.
Illinois Facilities Fund (IFF) - Nonprofit community development lender and consultant for nonprofits in Illinois. Offers below-market flexible real estate loans, project management, management education and research. Promotes public policies that support nonprofits.
Meta Description: [ The Illinois Facilities Fund is a nonprofit financial institution which assists Illinois nonprofits through loans, facilities planning and facilities development. The IFF will become the pre-eminent financial and development services provider for undercapitalized nonprofits in Illinois. The IFF w... ]
Illinois Institute for Rural Affairs - Agency intended to monitor conditions in rural Illinois, with the aim of improving community and economic development including education, health care, and transportation.
Illinois Rural Partners - Illinois Private Public Partnership for Rural Community Development.
Illinois Small Business Development Association - An integrated small business assistance system. Provides education, training, assistance and research to the state's small businesses. Form downloads, newsletters, membership information, and events calendar are featured.
Illinois State Chamber of Commerce - Promote the interests of business by educating and persuading policy-makers. Features issues, reports, local chapter and membership information.
Meta Description: [ the Chamber of Commerce of the State of Illinois ]
Illinois Tax Increment Association - Offers information on the organization, learn how tax increment finance (TIF) works, what communities are using TIF and for what purposes, get the latest news and statistics on the state's TIFs and the laws under which they operate.
IllinoisData.com: Northern Illinois Business and Industry Data Center - Serves businesses and individuals in the 24-county Northern Illinois region including the Chicago, Kankakee, Rockford, and Quad Cities metro areas. It is designed to meet the growing need by decision makers for current and historical demographic and economic statistics.
PRCCI - Puerto Rican Chamber of Commerce of Illinois - A not for profit corporation that develops, assists, and promotes Hispanic business interests, and other businesses within the state. Features business studies, networking opportunities, training and workshops and contacts.
Rural Economic Technical Assistance Center (RETAC) - Offers education, technical assistance and new ideas to help rural Illinois communities achieve their economic potential. Provides history, outreach programs, research, publications, and many various resources.
Western Illinois Small Business Development Center - Useful information for the area's prospective and established businesses.
Meta Description: [ The Small Business Development Center at Western Illinois University in Macomb provides confidential business counseling and group training programs to support prospective and established business owners, entrepreneurs and inventors in twelve counties of west-central Illinois. ]
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