Economic Development Corporation of Decatur and Macon County

What Economic Development Corporation of Decatur and Macon County does

The Economic Development Corporation of Decatur and Macon County (EDC) is a non-profit, public-private partnership headquartered at 132 S Water St. Ste 646 in Decatur, Illinois, responsible for non-retail business attraction, expansion, and retention efforts across Decatur and Macon County. The organization operates with a small core team of 5 employees and is led by President Nicole Bateman, who also serves as Chief Strategy Officer of the iFAB Tech Hub consortium. Its targeted industry sectors are Advanced Manufacturing, Industrial Biotechnology and Medical/Pharmaceutical, Food Ingredients and Agriculture, with emerging emphasis on EV and Clean Energy.

The EDC does not develop proprietary technology products; its core capability is the orchestration of incentive programs (EDGE, REV Illinois), site readiness tools (Ameren Site Acceleration Program partnership), workforce development pipelines (Richland Community College, Heartland Community College, Caterpillar workforce initiative), and convening of state, academic, and industry partners. Strategic infrastructure includes the Midwest Inland Port logistics initiative, the Limitless Decatur & Macon County community brand, and the iFAB Tech Hub consortium backed by an approximately $51 million EDA Tech Hubs grant.

The EDC is funded through government grants, economic development programs, and private-sector partnership contributions rather than direct service revenue. Business attraction, expansion, and retention services are provided at no direct cost to companies. Its measurable outcomes are tied to third-party capital deployment rather than its own top line: announced and supported projects since 2024 collectively represent over $1 billion in capital investment, hundreds of jobs created or retained, and landmark deals including the Broadwing Energy 400+ MW carbon-capture power partnership with Google and ADM's $103 million Decatur modernization.

Name

Economic Development Corporation of Decatur and Macon County

Legal name

Economic Development Corporation of Decatur & Macon County

Website

https://decaturedc.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

The Economic Development Corporation of Decatur and Macon County is a non-profit, public-private partnership of 5 employees that drives non-retail business attraction, expansion, and retention in Central Illinois across advanced manufacturing, industrial biotechnology, food and agriculture, and EV/clean energy sectors.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of General Economic Programs (92611)

akta.pro industry

PRIMARYBPAIACAN

Economic Development & Business Licensing (Local)

Business & Public Services/Public Sector & Government Administration/Local/Municipal Government Administration

Keywords

• Economic development services
• Business attraction support
• Site selection assistance
• Workforce development programs
• Regional incentive programs

Headquarters

HQ city

Decatur, IL

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

Revenue model

1. Economic Development Services: As a non-profit public-private partnership, the EDC operates through funding from government grants, economic development programs, and private sector partnerships rather than generating direct revenue from product/service sales.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

The Economic Development Corporation of Decatur & Macon County (EDC) is a non-profit, public-private partnership that delivers business attraction, expansion, and retention services to companies considering or operating in Decatur and Macon County, Illinois. Its offering includes site selection assistance, property and building listings, workforce development support, access to Illinois state incentive programs (EDGE, REV Illinois), and connection to regional economic development networks and training partners such as Richland Community College and Heartland Community College.

Product overview

The Economic Development Corporation of Decatur and Macon County is a non-profit public-private partnership responsible for non-retail business attraction, expansion, and retention efforts. The organization does not offer software products or technology services for sale. Instead, it provides economic development programs and initiatives including site selection assistance, workforce development, incentives programs, and support for key industry sectors such as Advanced Manufacturing, Industrial Biotechnology, Medical/Pharmaceutical, Food Ingredients and Agriculture, EV & Clean Energy, and iFAB Tech Hub.

Differentiator

Problem solved

Functional benefit

Brands

• Midwest Inland Port: A logistics and transportation initiative associated with the EDC serving the Decatur and Macon County region.
• Limitless Decatur & Macon County

Products and services

• Business Attraction and Expansion Services

Quantifiable outcome

• ADM $103 million modernization creating 50 new jobs and retaining 1,000+ existing positions
• +5 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and flagship.

• Caterpillar Inc.coreStrategic or Co-development Partner · 29 July 2026Workforce development partnership through Caterpillar's Building the Future Workforce Initiative. Caterpillar allocated up to $10 million for Illinois workforce preparation. Collaboration includes Greater Peoria Leadership Council, Livingston Area Career Center, and Heartland Community College.
• Illinois Economic Development Corporation (Illinois EDC)coreStrategic or Co-development Partner · 17 December 2025Statewide economic development partnership supporting business attraction and job growth. Illinois EDC is the statewide economic development organization focused on bringing new businesses, jobs, and investment to Illinois. Partnership includes Ameren Site Acceleration Program (ASAP) to prepare development-ready sites in Decatur.
• I Squared Capital / Low Carbon InfrastructureflagshipStrategic or Co-development Partner · 23 October 2025Broadwing Energy project - landmark clean energy partnership with Google to develop 400+ MW natural gas-fired cogeneration power plant with carbon capture and sequestration on ADM site. First-ever corporate offtake agreement for CCS-enabled power plant. Project financing expected Q2 2026, commercial operations 2030.
• ADMflagshipStrategic or Co-development Partner · 14 October 2025ADM Central Milling Laboratory opening at ADM Specialty Manufacturing Facility. Supports 31 ADM facilities across North America with wheat quality testing and analysis capabilities.
• OCOchemcoreStrategic or Co-development Partner · 18 August 2025CO2 conversion facility partnership with ADM using OCOchem's Carbon FluX Electrolyzer technology. Plant will be co-located within ADM's corn processing complex, converting biogenic CO2 from ethanol production to formate molecules. Construction expected to commence 2025, completion by end of 2026.
• Tillamook County Creamery AssociationflagshipStrategic or Co-development Partner · 5 June 2025First owned-and-operated manufacturing facility outside Oregon. Production capacity of 15.5 million gallons of ice cream annually. Created 50 new jobs. Part of broader City of Decatur neighborhood revitalization effort transforming vacant manufacturing facility.
• TCCI ManufacturingflagshipStrategic or Co-development Partner · 23 April 2025TCCI Manufacturing's Clean Energy Innovation Hub - $45 million project including EV compressor production, Clean Energy Workforce Academy, and Climatic Center for Innovation & Research. First recipient of REV Illinois incentive program. Partnership with Richland Community College for workforce development.
• ADM (Archer Daniels Midland)flagshipStrategic or Co-development PartnerADM is the largest employer in Decatur with 4,000+ employees. EDC supports ADM's modernization initiatives including $103 million facility upgrades creating 50 new jobs and retaining 1,000+ positions. ADM operates one of the world's largest integrated agricultural processing hubs in Decatur since 1939.
• Ameren IllinoiscoreStrategic or Co-development PartnerASAP (Ameren Site Acceleration Program) partnership to prepare development-ready sites across Ameren's downstate service territory. Three high-potential sites in equity investment eligible communities including Decatur's Commerce Park.
• Champaign County Economic Development Corporation (CCEDC)coreStrategic or Co-development PartnerSBDC partnership providing additional support to the Illinois Small Business Development Center. EDC of Decatur and Macon County provides supplementary funding to the SBDC operating at Champaign County EDC.
• Richland Community CollegecoreStrategic or Co-development PartnerWorkforce development partnership for Clean Energy Workforce Academy with TCCI Manufacturing and FAME program. Collaborative initiative connecting higher education resources with industry needs for advanced manufacturing technician training.
• Midwest Inland PortcoreStrategic or Co-development PartnerPartnership supporting logistics and transportation infrastructure for the region. Joint newsletter and marketing efforts with Midwest Inland Port.
• iFAB Tech Hub ConsortiumflagshipStrategic or Co-development PartnerLed by EDC President Nicole Bateman as Chief Strategy Officer. Approximately $51 million EDA Tech Hubs grant to propel Central Illinois as biomanufacturing and precision fermentation leader. Includes academic and industry partners.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• JobsOhio: Private non-profit state EDO widely cited as the U.S. benchmark for results-driven economic development; comparable mission (job creation, capital investment, site readiness) executed through a lean central team backed by state resources.
• Michigan Economic Development Corporation (MEDC): Public-purpose state EDO operating with a similar incentive-and-attraction toolkit (grants, MEGA credits, site readiness) but at state scale; provides a comparable benchmark for how a public-private economic development vehicle is governed and funded.
• Illinois Economic Development Corporation (Illinois EDC): Statewide Illinois EDO and named strategic partner of the Decatur EDC (announced 2025-12-17); provides the broader program overlay (Ameren ASAP, EDGE) that the local Decatur EDC executes against.

Direct peers

• Greater Omaha Chamber Economic Development: Mid-sized Midwest EDO with an analogous mix of food processing, ag-tech and advanced-manufacturing targets; comparable in size, governance (chamber-based non-profit) and reliance on state/local incentives.
• Champaign County Economic Development Corporation (CCEDC): Direct peer and active partner of the Decatur/Macon EDC: a similarly structured Illinois non-profit EDO that co-operates the Illinois SBDC and shares small-business development resources, operating in an adjacent central-Illinois market with a comparable industry mix.
• St. Louis Economic Development Partnership: Midwestern regional EDO pursuing advanced manufacturing, ag-bio and logistics attraction across a multi-county footprint; operates a comparable public-private structure and runs overlapping clean-energy and biomanufacturing programs.
• Quad Cities Chamber: Bi-state regional chamber/EDO straddling the Iowa-Illinois border; comparable small-team EDO model focused on advanced manufacturing, logistics, and ag-tech attraction in a Midwest market with overlapping labor and incentive dynamics.
• Greater Peoria Economic Development Council: Central-Illinois regional EDO that collaborates with the Decatur EDC on the Caterpillar 'Building the Future Workforce' initiative; pursues the same advanced-manufacturing attraction and retention mandate in a neighboring labor shed.
• Indy Chamber (Develop Indy): Indianapolis metro EDO housed within a regional chamber; uses a similar public-private partnership structure and small core team to drive business attraction, workforce, and small-business support in a Midwest industrial market.
• Greater Springfield Inc. Central-Illinois chamber/EDO serving the Springfield region with a comparable small-team model focused on manufacturing retention, workforce pipelines, and state-incentive navigation — same geography and same incentive ecosystem as Decatur.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/DecaturEDC
• LinkedInlinkedin.com/company/economic-development-corporation-of-decatur-and-macon-county

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Economic Development Corporation of Decatur and Macon County