
There are almost 1,300 businesses in Mount Prospect that provide people with opportunities for employment or to “be their own boss.” These companies range in size from large corporations employing hundreds of people to home-based, one-person businesses. Bosch Tool is the largest employer in Mount Prospect. However, the growth of home-based businesses has accelerated. Median household incomes of those residing in the Village are well above average for the Chicago area (Mount Prospect had 57,165 residents in the 2000 census). Both manufacturing and service companies make up the business mosaic of the Village.
Some businesses (like Cummins Allison) are internationally recognized, while others are community focused – like award-winning Capannari's Ice Cream.
Some have done business here for decades (these include Keefers Pharmacy, Van Driels and Busse's Flowers), while other businesses (such as Bosch, Costco and Culver’s) have located here more recently.
The community has a business-friendly environment, with the Village and residents welcoming new enterprises. Many businesses are especially attracted to Mount Prospect because of its central location in the northwest suburbs and good transportation options to the entire Chicago area and O'Hare International Airport.
Equally important, businesses in the Village are supported by local organizations - notably the Mount Prospect Chamber of Commerce, Business Forum, Sales Network, Professional Women's Network, Executive Roundtable – that work to help them grow and realize greater success.
“Ribbon Cutting” events involving both the Chamber and Village officials are often held (especially for retail-oriented businesses) to give new businesses exposure and publicity and show them that they are a welcome part of the community.