FDI Directory · SelectUSA snapshot, February 2025

Illinois

Office of Trade and Investment within the Illinois Department of Commerce and Economic Opportunity

Priority sectors
5
Incentive programmes
1
Shovel-ready sites
1
Incubators
1
Countries courted
10

Sectors it is courting

Investment it is seeking from

Site-selection services it offers

a. Site selection assistance b. Coordination of site visits. c. Project-specific data analyses d. Market and competitive analyses e. Distribution and management of state-wide or geography-specific RFPs f. Workforce, labor, and wage analyses g. Connection to key government, community, education, and business leadership. h. Liaison with Illinois Department of Commerce & Economic Opportunity and other governmental agencies i. Key regulation and policy insight.

Incentive programmes

  • Grant

    For state incentives information, please contact Margo Markopoulos at Margo.Markopoulos@Illinois.gov.

Shovel-ready sites

Incubators and accelerators

  • Illinois Department of Commerce & Economic Opportunity

    For detailed information about incentives and programs please contact Margo Markopoulos at Margo.Markopoulos@Illinois.gov. The Illinois Angel Investment Tax Credit Program encourages investment in innovative, early-state companies to help companies obtain working capital needed to grow in Illinois.

Investor account, as submitted

a. EVBox (charging stations, Libertyville) “Having a factory in Illinois means that we will be closer to our North American customers and will strengthen local production and employment. Illinois boasts deep infrastructure, a strong workforce, and most importantly – an interest in green technology.” Megha Lakchaura, Director of Policy and Utility Programs EVBox. b. Hyzon (hydrogen fuel cells heavy vehicles, Bolingbrook) George Gu, Chairman, and Co-Founder of Hyzon, said, “The new Hyzon Innovation Center is essential to our strategy to expand the US hydrogen supply chain, reduce fuel cell costs for commercialization, and create local jobs. We chose the greater Chicago area due to its top-tier universities, national labs, equipment companies and manufacturers, and a large pool of talent for recruiting a highly-skilled workforce. We are looking forward to empowering this unique ecosystem so that we can further accelerate the energy transition and decarbonize heavy road transport.” c. Lion Electric (in a statement on Illinois expansion) "This significant expansion into the U.S. market will not only allow us to drastically increase our overall manufacturing capacity of electric trucks and buses but to also better serve our customers while adding critical clean manufacturing jobs that will form the backbone of the green economy," Marc Bedard, CEO and Founder of Lion.

Submitted by the economic development organisation, not independently verified.

Who to contact

  • Margo MarkopoulosDirectorMargo.Markopoulos@illinois.gov

100 W. Randolph Street, Suite 3-400, Chicago, Illinois 60601

What Illinois did not submit

These headings exist in the federal questionnaire and this jurisdiction left them blank. Blank means unanswered, not zero — it is not evidence that there is nothing there.

  • University programmes
  • Regional partner organisations
  • Technology startup programmes
  • Clean-energy programmes
  • Supply-chain projects sought

Source: SelectUSA FDI Database — U.S. Department of Commerce, International Trade Administration. All profile text above is Office of Trade and Investment within the Illinois Department of Commerce and Economic Opportunity's own submission, carried verbatim. Snapshot: February 2025. Programmes close, budgets change and people move on; confirm with the organisation before acting on anything here.

Illinois: what it offers foreign investors — Applied America