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19 Mar 2020
I’ll start off by stating the obvious…you’re reading this article because you understand the importance of selecting the optimal business location. I believe this to be true across the board, regardless of industry sector, company size, facility type (i.e. headquarters, distribution center, etc.) or other factors. But perhaps it is most important to entrepreneurs and high-growth startup companies (herein referred to collectively as entrepreneurial companies). While companies listed on the Fortune 500 list may initially come to mind when thinking about corporate site selection projects, entrepreneurial companies have increasingly begun to recognize the value of utilizing a systematic evaluation process for selecting the optimal location to expand their businesses.
From the perspective of an economic development organization, entrepreneurial companies are desirable targets for several reasons. While some projects shift existing jobs within a region, entrepreneurial companies result in net new job creation. Entrepreneurial companies are often innovative with a focus on new and emerging technologies. The skilled positions created by entrepreneurial companies are less prone to being displaced by technology or relocated internationally for labor cost reasons. Entrepreneurial companies are also attractive to young, educated job-seekers, who are a sought-after demographic group for many communities.
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The City of Jacksonville is located in west central Illinois, 35 miles west of Springfield, the state capital. It is the county seat of Morgan County and one of the oldest towns in the Land of Lincoln, founded in 1825. Jacksonville was established by Yankee settlers from New England, who laid out farms, constructed roads, erected government buildings, and established post routes. They were part of a wave of European/American farmers who headed west into what was then the wilds of the Northwest Territory, during the early 1800s. Download Here!