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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.

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.

News Feed

Friday, April 11, 2025

Report: Strong Opportunity for Residential Development in Kankakee County

A recent housing study by Tracy Cross & Associates highlights a strong opportunity for new residential development across Kankakee County. With growing demand, limited current supply, and a solid foundation of existing households, the region is primed for new housing options—from rental apartments to for-sale homes.

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Friday, March 28, 2025

Gotion Illinois to Host Job Fair Series

Gotion Illinois, a global leader in clean energy storage solutions, is hosting a job fair series in April to support both graduating high school seniors and displaced workers.

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Tuesday, February 4, 2025

2025 Market Profile for Kankakee County

Kankakee County stands as a thriving hub of industrial growth, economic opportunity, and strategic development. We invite you to view the 2025 Kankakee County Market Profile to learn more.

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Thursday, January 9, 2025

Small Business Capital & Infrastructure Grants

The Small Business Capital and Infrastructure Grant Program will provide funding to small businesses that have fewer than 25 employees or owned by socially and economically disadvantaged individuals. Grant application is open now through April 7, 2025.

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Thursday, January 2, 2025

Applications Now Open for 2025 Competition

The 2025 Createur Conference will take place at Olivet Nazarene University April 3 and 4, 2025. The annual conference and pitch competition was created to inspire and encourage the young entrepreneurs to begin business ventures; build connections with faith-driven peers and professionals; identify best practices for start-up businesses; and explore untapped potential business opportunities.

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Monday, December 16, 2024

Funding Available to Learn Manufacturing Trades

New grants available at Kankakee Community College will fund a student’s tuition, fees, books and supplies, and assist with other expenses. It is available to students enrolled in manufacturing and information technology programs, industries where there are not enough local workers.

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Tuesday, November 26, 2024

Disaster Loans Available for Small Businesses Impacted by July Storms

The U.S. Small Business Administration has declared Kankakee County as a disaster area following storms which occurred July 13-16, 2024. The incidents included severe storms, tornadoes, straight-line winds and flooding. Businesses and residents affected by these storms may be eligible for the Economic Injury Disaster Loans (EIDL).

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Friday, November 15, 2024

ComEd Receives 2024 ReliabilityOne® Award

In recognition of ComEd’s successful efforts to achieve best-in-class reliability, PA Consulting, the global innovation and transformation consultancy, yesterday presented the electric company the 2024 ReliabilityOne® award for Outstanding Reliability Performance in the Midwest Metropolitan Service Area. ComEd also received the Climate Action Leader award for advancing the planning and operations to transition into a cleaner future grid.

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Friday, October 4, 2024

Thrive 2024-2025

Each year Thrive Magazine highlights Kankakee County’s strengths and potential for success.  The magazine covers topics such as infrastructure projects, capital improvements, and the county’s appeal to investors and employers. Check out the 2024-2025 Thrive.

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