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Leading Lake County Forward
The Business News You Need to Know
 
 

Chicagoland Reigns in Biotech

Chicagoland continues to win accolades as a national life sciences hub. This time it is a climb up Genetic Engineering and Biotechnology News’ annual biopharma cluster rankings, with the area leapfrogging over Seattle to claim the 9th spot in the U.S. and demonstrating the region’s significant industry growth. Among the key factors contributing to the success are:

  1. Growth in wet lab developments
  2. Investment in the Chan Zuckerberg Initiative
  3. A deep bench of industry leaders
  4. Top-ranking schools which foster homegrown talent
  5. The immense power of the region's growing AI sector 

According to iBIO, the climb in rankings is particularly impressive given the strong competition from other established and emerging biopharma hubs. We analyzed the Lake County market, and broke down the top 10 reasons why life science companies should choose to grow in the community.

Top 10 Reasons Why Lake County is Strong in Biotech

GiveNKind

GiveNKind Expands To Accommodate Growth

Local nonprofit GiveNKind is shaking up reverse logistics to solve large-scale resource issues while providing essential resources to thousands. 2023 was the organization's biggest year on record, as it leveraged its Lake County location to expand 92% and enlist the support of 300+ volunteers who helped place $14.2 million in resources from 160 donating companies with 224 nonprofits.

As GiveNKind has ramped up to meet demand, it has expanded into a Van Vlissingen and Co. property in the Village of Buffalo Grove, and invited new partners to get involved. 

See What's Behind GiveNKind's Whopping 92% Growth

region

Illinois Named #1 Exporting State in Midwest

With record-breaking sales amounting to $78.7B in exports in 2023, Illinois continues to lead the Midwest as the top exporting state and is #5 in the nation. Coupled with its central location, Illinois’ world-class infrastructure allows companies to move their products quickly and efficiently across the globe - and businesses are taking note.

See Why Illinois Is Leading In International Sales

Meet a Partner

Ty Kovach
Executive Director
Lake County Forest Preserve District

 

How did you get involved in conservation? 

    Alex Ty Kovach_

    Growing up on a farm in north central Minnesota, I developed a deep appreciation for the outdoors and the natural world. I did a long stint with the Minnesota Department of Natural Resources where I learned the difference between managing natural resources and protecting land, maintaining biodiversity and building partnerships. Successful conservation requires active involvement from residents and businesses, not just government.


    While serving as chief operations officer for the Mustique Company in the West Indies, I discovered that effective conservation requires a 100-year vision and plan. 

    I then moved to Mozambique, Africa where I served as chief executive officer for Cabo Delgado Investment and worked on conservation and community integration.


    Fast forward to my current role as executive director for the Lake County Forest Preserves. Why here? Because it is the perfect place to foster partnerships for shared success in conservation. In a county of more than 700,000 residents, there’s an opportunity to connect with everyone and build a collective vision for preserving our natural resources.

     

    Why is protecting land important?

    Protected land, or high-quality open space, offsets the impact of developed areas by providing essential ecosystem services. These services include carbon sequestration, flood reduction, clean air and water, and groundwater recharge, all of which contribute to a healthy landscape and high quality of life.

    Additionally, open space offers recreational and educational benefits, attracting people to live and work in Lake County. Our efforts ensure access to nature and maintain biodiversity, which is invaluable for future generations.

    Why are partnerships so important for conservation?

    While non-profits do great work in conservation, government is the primary landowner and manager. Effective conservation depends on large, continuous tracts of undeveloped land. Government lacks the resources to manage all open spaces alone. With the growing impact of climate change, maintaining a healthy, sustainable landscape is crucial. We can't rely solely on government; everyone needs to understand, trust and get involved. Forming partnerships for conservation is crucial, as our future depends on it. Learn more about what we do in this video, and click here to see how businesses help support our mission and sustain local resources.

    Get Involved!

     

    Our work would not be possible without the leadership of our Board of Governors & the support of our investors. 

    Fuel Economic Development With Us
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    Lake County Partners, One Overlook Point, Suite 280, Lincolnshire, Illinois 60069, 847-597-1220

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