The Economic Alliance works diligently to report in a timely manner on things like local business expansion, new business development, new and enhanced development incentives, economic news and other items of interest to our community investors and investor prospects.
Sign up for our e-newsletter today to receive the Economic Alliance’s quarterly reports. For more regular updates, connect with us on Facebook, Twitter and LinkedIn and follow our news feed.
Click to access the Alliance’s COVID-19 Response & Recovery portal
Tuesday, February 13, 2024
The River Edge Redevelopment Zone Program (RERZ) helps revive and redevelop properties adjacent to rivers in Illinois. RERZ provides several incentives authorized by State law, including sales tax exemption and property tax abatement. Other incentives are claimed on your Illinois Income Tax filing forms.
Wednesday, February 7, 2024
The Kankakee Regional Land Bank Authority (KRLBA) completed their first acquisition and sale of a distressed property in Kankakee. The multi-unit property at 831 S. Washington Ave was acquired by the KRLBA through a deed in lieu of foreclosure. KRLBA abated taxes and released a request for proposal to find a qualified buyer to rehabilitate the property.
Monday, January 29, 2024
The Illinois Department of Commerce and Economic Opportunity (DCEO) is offering a FREE Pre-Apprenticeship program in Kankakee and Iroquois Counties designed to provide on the job training and essential trade skills.
Tuesday, January 23, 2024
Due to unforeseen circumstances – our Bettering Your Business: Deciding with Data Workshop scheduled for Thursday, January 25 has been postponed.
Monday, January 22, 2024
2nd Annual Createur Conference and Pitch Competition offers $15,000 in funds for college and high school start up businesses.
Friday, January 19, 2024
Our local business community partners with area schools to create project-based experiences for students by providing funding, expertise, meeting space, business tours, and one-on-one mentoring. Students earn high school credit upon successfully completing the two-semester course.
Wednesday, January 10, 2024
Gotion, Inc. will hold two local job fairs to recruit workers for the electric vehicle battery manufacturing plant to be located in Manteno.
Gotion has positions in all employment segments, not just manufacturing positions. They are looking for a variety of skill sets, said Annie Quach a member of the Gotion Recruiting Team.
Tuesday, December 5, 2023
The Illinois Manufacturers’ Association is proud to announce CSL Behring’s selection as the recipient of the 2023 Barry L. MacLean Manufacturer of the Year that will be awarded at the IMA’s 130th Annual Luncheon on December 8, 2023, at the Sheraton Grand Chicago.
Thursday, November 30, 2023
Cranky Mike’s is one of 48 Illinois businesses selected by the Illinois Office of Tourism. These businesses are chosen because they epitomize the hidden treasures, authentic experiences, and unique products that make Illinois an extraordinary destination for both residents and visitors.
Monday, November 20, 2023
Grant applications are open for businesses that launched during the pandemic. Up to $30,000 available through the B2B NewBiz program.
