Assessing the Trump risk to Pritzker's plans: Illinois has a lot riding on economic programs that rely on federal funding.

Autor: Pletz, John (AUTHOR)
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Zdroj: Crain's Chicago Business. 11/18/2024, Vol. 47 Issue 45, p1-1. 1p.
Abstrakt: The article discusses Gov. JB Pritzker's economic development initiatives in Illinois, which heavily rely on federal funding for industries like biotech, clean energy, and quantum computing. While there are concerns about potential changes under a Trump administration, the bureaucratic nature of federal research funding may provide some protection. Key sectors like quantum computing, biotech, and clean energy are crucial to the Chicago and Illinois economy, with federal funding playing a significant role in their growth and development. Despite political uncertainties, Illinois remains a major recipient of federal grants and research funding, with bipartisan support for many projects that benefit the state. [Extracted from the article]
Databáze: Regional Business News
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