Grow Your Business Here
The Rockford Region’s success IS ours to influence. We embrace a bold vision for our community, to stake our claim on the national stage, that “We are and will be a Top 25 community” because we want the region to be competitive with the best in the U.S. – a shining example to others.
The momentum continues as leaders recommit themselves to the future, with the COURAGE to find the RIGHT path – not the path of least resistance, but the one that makes real impact. Our work will be with PASSION for excellence, UNIFIED in our commitment to one another and to our sustainability. Nothing less than our best will do.
Your Opportunity Region
Rockford’s industrial history begins with its rise to national prominence in furniture manufacturing. At one time no less than 25 firms were located in the region, making it the second largest cluster in the US. Rockford was also a center of excellence for farm implement manufacturing. The combination of these industries allowed Rockford to diversify into: machine tools, heavy machinery, automotive, aerospace, fasteners, cabinet hardware, packaging devices, and toys.
The Rockford Region is now considered an excellent location for aerospace, advanced manufacturing, automotive, logistics, healthcare, hydraulics and customer service call centers.
Rockford Area communities work enthusiastically with new and expanding companies to create a higher standard of living for the region’s residents. Incentives are an investment in the future economic well-being of a company and as such a return on investment of jobs, tax revenue, community cooperation, and capital investment is expected. Incentives and a location decision must make good fiscal sense to all parties involved.
The Rockford Region offers an array of incentive programs for new and expanding businesses as well as entrepreneurs. these programs are designed to assist a wide selection of qualifying companies in various stages of their economic growth.
- Incentive Zones
– Enterprise Zones
– TIF Districts
- Tax Credits and Exemptions
- Workforce Training
- Flexible Financing
- Energy Efficiency
Welcome to the Rockford Area Economic Development Council
The role of the Rockford Area Economic Development Council (RAEDC) is to collaborate with regional stakeholders to cultivate opportunities for primary job growth that increase the economic well-being of our region. The RAEDC markets the region to attract new capital investment, while assisting existing business with resources for sustainable growth. The RAEDC works closely with many partners to improve the competitiveness of the region by taking what it learns from the region’s employers and engaging the community in the daily work of economic development. As the economic development organization for the region, the RAEDC also serves as the area’s data collection agency on all new capital investment, retained and created quality jobs, and renovated commercial/industrial space.
The Rockford Area Economic Development Council (RAEDC) cultivates opportunities for primary job growth that increase the economic well-being of our region.
Rockforward20/20 Strategic Plan
A Bold Vision for the Future
Throughout the nation and communities like ours, focus is paramount in times of global competitiveness and economic uncertainty. RAEDC remains committed to continuous improvement, always evaluating our priorities to ensure we’re asking the right questions and pushing for the right solutions. We will be proactive in cultivating opportunities to increase the economic well-being of our region.