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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, March 7, 2024

2024 Market Profile – Kankakee County

Kankakee County is moving full steam ahead in welcoming new industry and new opportunity to the region. The area, just 45 miles south of Chicago, showcases an economical cost of living, diverse industry base, significant transportation and infrastructure improvements, and strong education and workforce partners. Check out the 2024 Market Profile for Kankakee County.

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Wednesday, March 6, 2024

Vote Now: Coolest Thing Made in Illinois

Makers Madness is an online contest highlighting amazing manufacturers and their fantastic products made in our state. The contest is a partnership with Comcast Business, an innovation champion and technology provider to manufacturers across Illinois.

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Thursday, February 15, 2024

New Beverage Journey Launched in Kankakee County

The Kankakee County Craft Beverage Trail is a great way for visitors and locals to taste their way through the county and interact with local businesses. This trail is comprised of 13 (and counting!) local businesses all boasting their own craft. Some offer coffee, some offer craft beer or wine, some offer smoothies or wine, but all offer a great atmosphere for people to gather.

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Tuesday, February 13, 2024

Informational Session Planned

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.

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Wednesday, February 7, 2024

Land Bank Completes First Acquisition and Sale

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.

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Monday, January 29, 2024

Free Pre-Apprenticeship Program Beginning Soon

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.

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