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 FACC-Chicago                                                                                            April 2014
Read this publication on www.facc-chicago.com.

Welcome to our

New Members!

 

Fine Vines LLC
George Molitor

Chez Moi
Dominique Tougne

Tilbury Corp.
Matthieu Geze

Serta Group
Thibault Lallement

To learn more about FACC-Chicago membership, visit our Membership Page. 

FACC-Chicago Upcoming Events

  Tuesday, May 13th  

 

Monthly Members Luncheon

Friday, May 16th 

Annual Gala,
La Nuit des Etoiles
 
 

Professionals Networking with GACC Midwest, 
BABC, IACC,DAC & SACC 
 

MERCI
to our Benefactor Members: 
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1.Editorial







The FACC Team will be delighted to welcome you to the events of the first 
French Innovation Week as we will launch it with our partner organizations at the Chicago French March� on May 9th inside the Ogilvie Transportation Station Concourse adjacent to the Chicago French Market. 

We are also counting on your support around the commemoration of the 70th Anniversary of D-DAY in the exceptionnal presence of several U.S. Veterans and their families.
The Event deserves the local mobilisation of the French and American community.

The Normandy gastronomy will also be celebrated thanks to Chef Greg Biggers along with two Michelin Star Chefs: Chef Carrie Nahabedian from Brindille (Chicago) and Chef Fr�d�ric Vardon from le 39V (Paris).

We hope to see you on May 16th. 
And we thank you in advance for your support of the many events between May 9th-16th.
Our French local restaurants await you for the first edition of the Chicago French Innovation Restaurant Week with dinner Menus at $33 or $44.

Bien amicalement 
 
Emmanu�le van Houdenhoven
Barbara Hennessy
B�atrice Bourgogne 

 

FACC2.FACC Activity

Save
FACC Gala

"La Nuit des Etoiles"
May 16, 2014



Normandy-Chicago
1944-2014

At the

20 East Chestnut St
Downtown 60611 CHICAGO,
United States
Tel: (+1)3123244000

Professionals
FACC PROFESSIONALS NETWORKING EVENT



May 21th,2014

5.30pm-7.30pm
at the


140 East Walton Place 
Chicago,IL 60611 

French

A French Week "March�" during the NEW Chicago French Week ,May 9th-16th  

 

 

Photos from the Concourse at Ogilvie-Metra Station during Christmas

 

 

 

As you know, Chicago FACC will organize its first "French Week", from May 9th to May 16th. The concept is to showcase French Innovation. Many events will be held all week long, dedicated to Sciences, Technologies, Business, and Culture of France.

 

Among these events, we will be opening a "French Week March�" in the concourse of the Ogilvie-Metra Station in the Loop (about 50,000 commuters every day during the week) to show France, its products and its innovation capabilities to a wider public. About 15 stands are available to French brands and French products.

For more information, please feel free to contact us at 312-578-0444 or at [email protected]or [email protected] 

 

  

 
Innovation

 
3.IllinoisIllinois Economic Breaking News

DCEO

THE CHICAGO TRI-STATE METROPOLITAN AREA OECD TERRITORIAL REVIEW SYNOPSIS

 

 

 

The Chicago Tri-State Metropolitan Area OECD Review Synopsis was coordinated and drafted by Kelly O'Brien, Senior Vice President for Economic Development at the Chicagoland Chamber of Commerce; Leigh Morris, Senior Vice President, Northwest Region Development, Indiana Economic Development Corporation and Chairman of the Northwest Indiana Regional Development Authority, and Dr. Carmel Ruffolo, Director, Joint University Program, University of Wisconsin-Milwaukee and University of Wisconsin-Parkside.

  

The Synopsis also draws on key contributions from Richard Longworth, Senior Fellow, Chicago Council on Global Affairs, and Tim Schellhardt, Senior Vice President, Corporate Editorial Services Director, Edelman



Venture

Universities - A Nucleus for Illinois Innovation Clusters: Aerospace Cluster Development and Support in Rockford, Illinois

 


 

By Lesley Rigg, Interim Vice President for Research and Innovation Partnerships, Northern Illinois University

  

Innovation clusters are a strong way to drive economic development. Centered on a key industry, clusters bring together companies, technologies, and workforce organizations to create a supply chain of both products and talent.  Universities, like Northern Illinois University, play a vital role in building innovation clusters by training students with industry-driven skills and tapping their research capacity to develop new ideas and improve quality and efficiency.

 

Rockford, Illinois, is positioning itself as a leading region for aerospace companies seeded by a 2008 NIU Center for Government Studies report. The federal Jobs and Innovation Accelerator Challenge (JIAC) award has helped the Rockford Area Economic Development Council (RAEDC) and NIU galvanize the Rockford aerospace community into the Rockford Area Aerospace Network (RAAN) cluster - now with over 200 suppliers - through workforce development, product innovation, high-tech entrepreneurship and branding initiatives.  Cluster development efforts through JIAC have created or retained over 3,300 jobs and driven more than $400 million in private sector expansion.

Learn More  


RD
R&D expenditures by Illinois universities hold steady

 

March 31, 201

 

by Illinois Innovation Index

 

In 2012, the academic institutions in the Chicago MSA invested $1.67 billion in R&D, just below the $1.69 billion from the previous year.

 

This level of spending placed Chicago universities eighth among the nation's MSAs-unchanged from 2011 rankings. Nearly two-thirds of Chicago's spending was concentrated in life sciences, though several areas-physical sciences, psychology, and other sciences-also reflected significant emphasis. (For more information on expenditure categories, see sidebar "Know your sciences.") This spending helps Chicago academic institutions conduct cutting-edge research as well as attract top talent in science fields. For instance, according to a World Business Chicago (WBC) analysis, the Chicago MSA has the second-highest number of graduates with master's and doctorate degrees in math and computer science (1,785) among the top 100 MSAs on an annual basis.1 Chicago-area institutions' R&D spending in non-science and engineering fields, which includes business management and communications, was fifth among the top MSAs.

Learn More 


Diverse
Diverse Economy
 by World Business Chicago
   

Chicago has one of the world's largest and most diversified economies, with more than four million employees and generating an annual gross regional product (GRP) of over $500 billion. It is an efficient economic powerhouse that is home to more than 400 major corporate headquarters, including 30 Fortune 500 headquarters. Among the most diverse economies in the nation, Chicago is a key player in every sector from risk management innovation to manufacturing to information technology to health services.

 

Trading Post  

 

The most distinctive aspect of Chicago's financial services community is also among its oldest. The city's derivatives exchange community, which started with commodity futures trading at the Chicago Board of Trade in 1848, established the city as a global financial center. To this day, even though the trading of derivatives is conducted on an ever-expanding international scale, Chicago arguably remains the geographic center of global derivatives trading - in terms of markets, scale and talent.  

Learn More 


EMPLOYMENT

clean
Clean-energy jobs in Illinois nearing 100,000: study

March 20th

By Crains
 

Nearly 97,000 Illinoisans work in the burgeoning clean-energy sector, putting the industry among the largest job generators in the state, according to a report being issued today.

The Clean Energy Trust, which promotes and assists the development of environmentally friendly energy, commissioned the survey, which is its first attempt to catalog the Illinois jobs being created in the effort. The survey takers made more than 27,000 phone calls and sent more than 9,000 emails, collecting information from 1,599 firms and full surveys from 415 companies.

 

The survey found that companies in 2013 employed some 96,875 workers engaged in substantial clean-energy duties. That was more than the real estate and accounting industries combined, as tabulated by the Illinois Department of Employment Security.

 

 Learn More  


POLITICS

tax
Illinois graduated income tax vote next week

April 25th

Chicago Tribune

A key Democratic state senator said Thursday he will seek a vote Tuesday on his controversial plan to ask voters to amend the state constitution to replace Illinois' flat-rate income tax with a graduated tax based on the amount of income earned.

"We understand it is a difficult choice, but we're simply asking that the voters be allowed to weigh in and make a decision about tax policy and how Illinois should tax income," Sen. Don Harmon of Oak Park said during an appearance between proponents and opponents of the plan before the Tribune editorial board.

But Republican state Sen. Matt Murphy of Palatine said Harmon's proposal was just another variation of a plan endorsed by Democratic Gov. Pat Quinn and top Democratic lawmakers to make permanent the 67 percent personal income tax rate increase enacted in 2011 that was supposed to be significantly rolled back starting in January 2015.

 

Learn More 


quinn
Quinn now backs term limits for statewide elected officials

April 24th

Chicago Tribune

Democratic Gov. Pat Quinn said today he supports a Republican-backed proposal to limit how long statewide elected officials can serve and defended his term-limit credentials against criticism from GOP governor candidate Bruce Rauner.

"I support this proposed constitutional amendment and have supported term limits since 1994," Quinn said in a statement issued through his governor's office. "Constitutional amendments have long allowed the power of the people to translate into positive reform for Illinois government."

Learn More

SOCIETY

Hyatt
EPA: $1M in grants for Lake Michigan water quality projects on North Side

April 26th

Chicago Tribune


Federal officials today announced $1 million in grants to fund two green infrastructure projects on the North Side with the aim of improving water quality in Lake Michigan.

Officials with the U.S. Environmental Protection Agency announced the two Great Lakes Restoration Initiative grants today at a press conference attended by Mayor Rahm Emanuel, Sen. Dick Durbin, U.S. Rep. Mike Quigley and U.S. Rep. Jan Schakowsky.

"Green infrastructure also helps prevent flooding, which is occurring more often as a result of the increasingly frequent extreme precipitation events that have hit the Midwest in recent years - a pattern that may intensify as the result of climate change," said Susan Hedman, EPA Region 5 Administrator/ Great Lakes National Program Manager, in an e-mailed press release from the agency.

Learn More 

parking
Free Sunday parking could soon go away in parts of Chicago

April 23th

Chicago tribune 

 
Free Sunday parking in a host of North Side and Northwest Side shopping districts soon would vanish under changes the City Council Transportation Committee endorsed today.

The switch is being delivered by Mayor Rahm Emanuel in response to requests from four aldermen who called for the restoration of paid parking in areas where merchants have said free parking on Sundays makes it tougher for customers to find a space when visiting their stores and restaurants.

"We need that turnover for our businesses because most of them don't have off-street parking," said Ald. Tom Tunney, 44th, who represents Lakeview, which includes Wrigley Field and its environs.

4.EventsEvents and Ads
Rad
 
Sofitel
Market

 

Pfeiffer

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French-American Chamber of Commerce Chicago Chapter
Phone: 312-578-0444 Fax: 312-578-0445
 [email protected] www.facc-chicago.com