Illinois has announced a $3.5 million investment package for Chicago company Groupon. The package will fund the creation of 250 jobs at the company's headquarters. Groupon is a leading social shopping website.
"Groupon is happy to be able to continue attracting world-class talent in Chicago," said Rob Solomon, president and chief operating officer at Groupon. "We thank Governor Quinn and the state of Illinois for putting together an incentive package that allows us to further expand our work force."
The Illinois Department of Commerce and Economic Opportunity (DCEO) will administer the $3.5 million package. It includes Economic Development for a Growing Economy (EDGE) corporate tax income credits over the next 10 years and Employer Training Investment Program (ETIP) job training funds.
Groupon is one of the fastest-growing companies in Illinois.