CHICAGO SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION

Name

CHICAGO SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION

Legal name

Chicago Southland Economic Development Corporation

Website

https://csedcworks.org

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of Economic Programs (9261), Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

Keywords

• Economic development
• Workforce development
• Enterprise zone management
• Business attraction
• Industrial development

Headquarters

HQ city

Hazel Crest

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Marketing channels6 records

Core offering

Chicago Southland Economic Development Corporation (CSEDC) is a non-profit economic development organization serving the Chicago Southland subregion of northeastern Illinois. The organization drives regional growth by attracting and retaining businesses, supporting industrial and commercial development, administering enterprise zone incentives, and delivering workforce development programs in partnership with local municipalities, employers, and educational institutions.

Product overview

The Chicago Southland Economic Development Corporation (CSEDC) is an economic development organization, not a software product company. It operates as a coordination body offering a portfolio of economic development programs and services including Industrial Development Services (promoting the Chicago Southland Rail, Highway, and Air Industrial Cluster through digital marketing and trade shows), Workforce Development Programs (connecting businesses to workforce partners), Enterprise Zone Management (managing four Southland Enterprise Zones), Financial Assistance Programs (providing access to tax incentives, financing, and grants), and the ExporTech export assistance program. CSEDC also runs the Southworks Engineering and Robotics Competition to develop talent pipelines from youth. The organization does not offer a software product or technology platform.

Differentiator

Problem solved

Functional benefit

Brands

• Will Cook Enterprise Zone: A partnership between the Villages of Matteson, Monee, Park Forest, Richton Park, and University Park and Will and Cook Counties to promote development opportunities and incentives supporting business growth.

Products and services

• Industrial and Business Development Services Site selection assistance, business attraction, retention and expansion support for companies evaluating or operating in the Chicago Southland region of Illinois.
• Workforce Development Programs Job training, talent pipeline development, and workforce readiness programs connecting regional employers with qualified candidates across the Chicago Southland.
• Enterprise Zone Administration Management and administration of designated enterprise zone programs that provide tax incentives and regulatory benefits to businesses locating or expanding within the Chicago Southland enterprise zone.
• Regional Marketing and Promotion Marketing of the Chicago Southland region to prospective businesses, site selectors, and investors through outreach, events, and promotional materials.

Quantifiable outcome

• The I-294/I-57 Interchange opening has steered millions of square feet of new commercial development to Chicago Southland, generating thousands of new jobs
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Illinois Manufacturing Excellence Center (IMEC)coreStrategic or Co-development PartnerIMEC is a team of improvement specialists providing organizations in Illinois with tools and techniques for sustainable competitive futures. Works with clients on business improvements in Leadership, Strategy, Customer Engagement, Operations, and Workforce. As a NIST MEP approved Center, IMEC is the official representative of the MEP National Network in Illinois.
• Supply Chain Innovation Center and Business Incubator (SCICBI) at Governors State UniversitycoreStrategic or Co-development PartnerLed by Reggie Greenwood, SCICBI connects industry, research, and workforce development around emerging logistics and electrification technologies. Serves as Principal Investigator for NSF-supported Advancing Smart Logistics Cluster in Illinois initiative. Partners with advanced technology companies and supports demonstration of emerging systems.
• OAI, Inc.coreStrategic or Co-development PartnerManufacturing and logistics workforce development partner that collaborates with CSEDC on talent pipeline development. Works with manufacturing and logistics companies to connect them to workforce development resources.
• Southworks RoboticscoreStrategic or Co-development PartnerPart of integrated education and workforce strategy in partnership with OAI, Inc. Connects manufacturing and logistics companies with talent pool development through robotics competition engaging students with STEM fields.
• Cal-Sag Enterprise ZonecoreStrategic or Co-development PartnerOne of over 93 Enterprise Zones in Illinois, established in 1983. Covers properties in Alsip, Blue Island, Calumet Park, Country Club Hills, Dixmoor, East Hazel Crest, Harvey, Hazel Crest, Homewood, Markham, Merrionette Park, Midlothian, Oak Forest, Phoenix, Robbins, Worth and parts of Unincorporated Cook County. Provides business development tax incentives for new construction and expansion.
• Calumet Region Enterprise ZonecoreStrategic or Co-development PartnerEstablished in 2017, designed to stimulate economic growth and neighborhood revitalization in Calumet City, Dolton, Lansing, Riverdale, South Holland, Thornton, and unincorporated Cook County.
• Will Cook Enterprise ZonecoreStrategic or Co-development PartnerPartnership between Villages of Matteson, Monee, Park Forest, Richton Park, and University Park and Will and Cook Counties. Specializes in commercial and industrial project expansions and new construction, business development tax incentives, real estate, sales tax and construction cost savings, and utility tax exemptions.
• Lincoln 394 Enterprise ZonecoreStrategic or Co-development PartnerEstablished in 2017, designed to stimulate economic growth and neighborhood revitalization in Beecher, Chicago Heights, Crete, Ford Heights, Glenwood, Olympia Fields, Sauk Village, South Chicago Heights, Steger, unincorporated Cook County, and unincorporated Will County.
• Chicago Regional Growth Corporation (ExporTech)minorStrategic or Co-development PartnerExporTech program helps companies develop strategic export plans through group workshops, individual coaching, and customized market research, leading to executable export plans in 9 weeks. Limited to 6-8 companies per cohort.
• Calumet Manufacturing Industry Sector Partnership (CMISP)coreStrategic or Co-development PartnerRegional workforce partnership collaborating on manufacturing industry needs. Hosts events like Taste of Manufacturing Tour showcasing career opportunities for students.
• Cook County Bureau of Economic DevelopmentcoreStrategic or Co-development PartnerCounty-level economic development partner providing loan programs including BUILT in Cook, BUILT 50-40, and Emerging Business Development Loan (EBDL) programs. Also manages Special Assessment Properties (Class 6b, 7a, 7b, 7c, 8, C).
• Chicago Southland Convention & Visitors BureauminorGTM or Marketing PartnerDistributes up to $51,000 annually in Local Tourism Grants to Southland municipalities and organizations to promote events designed to draw visitors. Marketing partner for CSEDC events like the Reimagining Electric Vehicle Industry event.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• World Business Chicago: City of Chicago's public-private economic development corporation, focused on business attraction, retention, and workforce. Comparable non-profit EDC model targeting larger-scale investment deals and talent attraction in the same metro area as CSEDC.
• Indiana Economic Development Corporation (IEDC): State-level economic development agency that recruits logistics, EV, and battery manufacturing investment into Indiana. A direct competitor for advanced manufacturing and EV/battery capital near the Illinois border.

Regional players

• Will County Center for Economic Development: Regional EDC for Will County, which is part of CSEDC's Will Cook Enterprise Zone footprint. Operates as a comparable public-private EDC attracting logistics, manufacturing, and distribution investment in adjacent territory.
• Quad Cities Chamber (Econ Development): Regional chamber and economic development body along the Illinois-Iowa border competing for similar logistics and advanced manufacturing projects in the Midwest. Comparable mid-sized non-profit EDC model.

Direct peers

• Pittsburgh Regional Alliance: Regional economic development initiative run by the Allegheny Conference, focused on attracting next-generation manufacturing and energy investment in the Pittsburgh region. Comparable model of cluster-based economic development with public-private investors.
• St. Louis Regional Economic Development Alliance: Regional economic development organization in the St. Louis metro actively recruiting logistics, manufacturing, and advanced industry investment. Comparable mission of building regional industrial cluster competitiveness.
• Greater Cleveland Partnership: Regional chamber-of-commerce-style EDC running business attraction, workforce, and advocacy programs across Northeast Ohio. Comparable non-profit hybrid model with investor base and regional cluster development focus.
• Detroit Economic Growth Corporation: Non-profit economic development corporation for Detroit focused on business attraction, retention, and neighborhood revitalization. Comparable governance structure as a private non-profit EDC with public-private partnerships.
• Intersect Illinois: State-level public-private economic development organization that markets Illinois for inbound investment, including EV/battery and logistics projects. Directly comparable to CSEDC's mission of attracting enterprise investment to Illinois, but operating at state scale rather than subregion.
• Cook County Bureau of Economic Development: County-level economic development partner of CSEDC, administering BUILT in Cook, BUILT 50-40, and EBDL loan programs as well as Class 6b/7a/7b/7c/8/C special assessment programs. Operates at county scale with overlapping industrial retention and development objectives.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/chicago-southland-economic-development-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CHICAGO SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION