Groupon Gets $3.5 Million Deal of the Day

Job training funds, tax credits will allow Chicago-based company to add 250 jobs

Thursday, Oct 21, 2010  |  Updated 2:30 PM CDT
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Chicago-based Groupon is adding 250 jobs thanks to a multi-billion dollar investment from the state.

Gov. Pat Quinn on Tuesday announced the $3.5 million investment at the company's River West offices.  The investment includes job training funds and tax credits over the next 10 years.

"This company is on the cutting edge of making things happen, not only in terms of creating jobs, but saving consumers money," said Quinn.

Groupon was founded just two years ago and offers daily discounts for merchants and restaurants based on the number of people that sign up.

"It's allowing us to create what Forbes magazine recently called "the fastest growing company ever" right here in Chicago," said Groupon president Rob Solomon.

Groupon has said it has about 30,000 clients whose products and services it offers.

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