CSCI Wins Innovation Award for Economic Development

Categories: Mexico City News,News,Press Release

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Award Recognizes Global Cities Economic Partnership between Chicago and Mexico City

CHICAGO, June 18, 2015 – Chicago Sister Cities International (CSCI) has been awarded Sister Cities International’s 2015 Innovation Award for Economic Development for a city with a population greater than 500,000. The 2015 Sister Cities International Innovation Award for Economic Development recognizes the accomplishments of outstanding community and individual sister city programs that promote peace through mutual respect, understanding, and cooperation. The award will be presented during a special ceremony on Saturday, July 18, 2015 during Sister Cities International’s 59th Annual Conference in Minneapolis, Minnesota.

In May 2014, CSCI worked with Mayor Rahm Emanuel, World Business Chicago, the Chicagoland Chamber of Commerce, and Choose Chicago to welcome a group of nearly 50 business and government leaders from Mexico City, Mexico to share economic development best practices and showcase Chicago as a premier global business destination. This put into action the implementation phase of the “Global Cities Economic Partnership” Memorandum of Understanding (MOU) between Chicago and Mexico City, signed by Mayor Emanuel and Mayor Miguel Ángel Mancera in 2013.

The MOU was signed to foster trade, investment, innovation, and learning. It expands the economic ties between the two cities and outlines key areas of cooperation including: the promotion of foreign direct investment, trade, innovation, tourism, and education to increase employment, expand advanced industries, and strengthen global competitiveness.

The MOU was signed to take these sister city relationships to the next level, and further, provide a template on how Chicago can further increase economic cooperation with its sister cities. To this end, the MOU provides a roadmap to align with the joint mission of global engagement between CSCI, its parent organization World Business Chicago (WBC), and the Office of the Mayor of the City of Chicago.

The Global Cities Economic Partnership is a result of and was facilitated by the Global Cities Initiative, a joint project of the Brookings Institution and JPMorgan Chase. The Global Cities Initiative aims to catalyze a shift in economic development priorities and practices that result in more globally connected metropolitan areas and more sustainable economic growth.

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Chicago Sister Cities International
Chicago Sister Cities International (CSCI), a division of World Business Chicago, provides leadership to develop, manage and coordinate comprehensive programs and projects with Chicago’s 28 sister cities in the areas of economic development, education, tourism, immigration and cultural enrichment. CSCI expands Chicago’s global reach for the benefit of the City of Chicago, its residents and businesses.

For more information on Chicago Sister Cities International, visit www.ChicagoSisterCities.com, follow us on Twitter (@ChiSisterCities) or “Like” us on Facebook, Facebook.com/ChicagoSisterCities.

Chicago’s 28 sister cities include: Accra, Ghana (1989); Amman, Jordan (2004); Athens, Greece (1997); Belgrade, Serbia (2005); Birmingham, United Kingdom (1993); Bogota, Colombia (2009); Busan, Republic of Korea (2007); Casablanca, Morocco (1982); Delhi, India (2001); Durban, South Africa (1997); Galway, Ireland (1997); Gothenburg, Sweden (1987); Hamburg, Germany (1994); Kyiv, Ukraine (1991); Lahore, Pakistan (2007); Lucerne, Switzerland (1998); Mexico City, Mexico (1991); Milan, Italy (1973); Moscow, Russia (1997); Osaka, Japan (1973); Paris, France (1996); Petach Tikva, Israel (1994); Prague, Czech Republic (1990); Shanghai, China (1985); Shenyang, China (1985); Toronto, Canada (1991); Vilnius, Lithuania (1993); and Warsaw, Poland (1960).

World Business Chicago
Chaired by Mayor Rahm Emanuel, World Business Chicago drives Chicago’s economic growth. WBC collaborates to create jobs, cultivate talent, and put Chicago at the forefront of the global economy. A unique public-private partnership, WBC engages the region’s leaders to advance Chicago’s Plan for Economic Growth and Jobs.

Contact: Benjamin Kelner
Phone: 312.201.4535
bkelner@chicagosistercities.com