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News & Events

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.

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News Feed

Thursday, May 5, 2022

Applications open for ComEd/Exelon Racial Equity Capital Fund

Exelon announced May 4, 2022 that RockCreek, one of the world’s largest diverse-owned global investment firms, has opened applications for the $36 million Exelon-funded Racial Equity Capital Fund to support minority-owned businesses in Exelon’s service areas in Delaware, the District of Columbia, Maryland, Illinois, New Jersey and Pennsylvania.  

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Friday, April 29, 2022

Extra Incentives for New and Ongoing Energy Efficiency Projects

ComEd offers extra incentives for new and ongoing energy efficiency projects including upgrading lighting, heating, ventilation and air conditioning (HVAC) equipment, energy management systems, refrigeration and more. Now, ComEd offers additional project incentives that can help your organization save even more on upgrades.

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Thursday, April 21, 2022

Pembroke Township Awarded $3M for Broadband

Pembroke Township receives $3 million to bring broadband and internet services to approximately 850 residences, businesses, and community anchor institutions thanks to Congresswoman Robin Kelly.

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Thursday, March 31, 2022

Kankakee County ARPA Funds Available

The American Rescue Plan Act (ARPA) was established to help speed up COVID-19 recovery efforts. Kankakee County received $21.3 million in ARPA funds. The Kankakee County Board introduced the Respond, Revitalize, and Reinvest initiative is help distribute this funding within the community. Local businesses and organizations are encouraged to apply.

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Thursday, March 31, 2022

Nugent to Speak to Human Resource Managers’ Association

Tim Nugent, President & CEO of the Economic Alliance of Kankakee County and Ladonna Russell, Executive Director of the Grundy Livingston Kankakee Workforce Board will speak to the growth and development of Kankakee County April 19 at the Kankakee Area Human Resource Managers’ Association.

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Tuesday, March 29, 2022

Highlighting the State’s Opportunities for Business Growth

The Be in Illinois. campaign shines a spotlight on sectors where Illinois has a competitive advantage, including agribusiness, life sciences, manufacturing, tech, transportation and logistics – as well its rapidly emerging electric vehicle (EV) sector. Illinois already boasts the fifth largest economy in the United States, 18th in the world, and is home to more Fortune 500 companies (38) than all but three states.

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