File #: 23-4095    Version: 1 Name: Bureau of Economic Development
Type: Amendment to a Previously Approved Item Status: Approved
File created: 7/14/2023 In control: Board of Commissioners
On agenda: 7/20/2023 Final action: 7/20/2023
Title: PROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT Department: Bureau of Economic Development Request: Change of title from "Grow the Talent Solution Ecosystem" to "The Innovation Nexus" and the addition of Forefront as the fiscal agent for the Chicagoland Workforce Funders Alliance. Item Number: 23-0876 Fiscal Impact: N/A Account(s): N/A Original Text of Item: PROPOSED RESOLUTION PROPOSED RESOLUTION TO GROW THE TALENT SOLUTION ECOSYSTEM THE INNOVATION NEXUS WHEREAS, Cook County Bureau of Economic Development seeks to advance talent driven economic development; and WHEREAS, the Cook County Policy Roadmap, includes a key objective under Vital Communities to "Grow economic clusters by launching and supporting industry-led partnerships"; and WHEREAS, the Policy Roadmap recommends meeting the above objective through the use of strategies to "Identify, prioritize and support new and emerging sectors that lead to living wage jobs" and to "Create a center for industry partn...
Indexes: XOCHITL FLORES, Chief, Bureau of Economic Development
title
PROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT

Department: Bureau of Economic Development

Request: Change of title from "Grow the Talent Solution Ecosystem" to "The Innovation Nexus" and the addition of Forefront as the fiscal agent for the Chicagoland Workforce Funders Alliance.

Item Number: 23-0876

Fiscal Impact: N/A

Account(s): N/A

Original Text of Item:
PROPOSED RESOLUTION

PROPOSED RESOLUTION TO GROW THE TALENT SOLUTION ECOSYSTEM THE INNOVATION NEXUS

WHEREAS, Cook County Bureau of Economic Development seeks to advance talent driven economic development; and

WHEREAS, the Cook County Policy Roadmap, includes a key objective under Vital Communities to "Grow economic clusters by launching and supporting industry-led partnerships"; and

WHEREAS, the Policy Roadmap recommends meeting the above objective through the use of strategies to "Identify, prioritize and support new and emerging sectors that lead to living wage jobs" and to "Create a center for industry partnerships to lead, coordinate and support key economic sectors' competitiveness, productivity, resiliency and adaptation to rapidly changing technology"; and

WHEREAS, the Cook County Equity Task Force Report includes a recommendation under Vital Communities to "Align Cook County's workforce investment intentionally and strategically to support high quality jobs that promote residents' economic mobility and equity"; and

WHEREAS, to advance the above objectives and strategy from the Policy Roadmap as well as those related to workforce investments outlined by the Equity Task Force, the Bureau of Economic Development has partnered and collaborated with the Chicagoland Workforce Funders Alliance (CWFA), an initiative of the Chicago Community Trust, since 2020 to establish the Network for Employer Driven Talent Solutions and the Talent Solution Connector; and

WHEREAS, Forefront, Illinois' statewide association representing both grantmakers and nonprofits, as well as their advisors a...

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