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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

Monday, May 1, 2023

B2B Webinar Wednesday, May 3

The Back to Business program’s new round of grants has $175 million available to provide to qualifying restaurants, hotels, and creative arts organizations. All applicants will receive a grant as long as they meet eligibility requirements and submit proper documentation and attestations required by the program.

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Wednesday, April 12, 2023

Riverside named 2023 Innovator in Healthcare for New ER

The two-phased, $14 million project to upgrade Riverside Medical Center’s emergency room was the first major overhaul of the emergency department in more than 30 years. The space was fully redesigned over the course of 18 months.

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Wednesday, April 12, 2023

CSL Behring Named 2023 Large Business of the Year

The Kankakee County location of CSL Behring is one of the largest biotech sites in the world – encompassing 140 acres and 40 buildings on site. CSL Plasma set to open Spring 2023. With 1,500+ employees, the company makes up 20% of the manufacturing base of Kankakee County.

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Thursday, April 6, 2023

APPLY NOW: New B2B Grant Application Open

The Back to Business (B2B) grant program provides recovery grants for businesses in the hardest-hit industries.  Through the state’s B2B and Business Interruption Grant (BIG) Programs, DCEO has provided more than $535 million to more than 15,000 businesses since the start of the pandemic.

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Wednesday, March 22, 2023

View Now: Kankakee River Watershed Conference

The Kankakee River Watershed Conference held in March, 2023 discussed how local communities and statewide efforts are working to ensure the area’s greatest asset is protected. Key topics including water quantity and quality, biodiversity, nutrients and agriculture, river recreation, watershed initiatives, and sand and sediment were discussed.

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Tuesday, March 21, 2023

New Grants Available for Restaurants, Hotels and Creative Arts Businesses

$175 million in available grant funding through the Back to Business (B2B) program. Following state recovery for businesses totaling nearly $1.5 billion, the latest American Rescue Plan Act (ARPA) -funded opportunity is designed to provide additional support for the hardest-hit sectors, including restaurants (B2B Restaurants), hotels (B2B Hotels), and businesses or organizations in the creative arts sector (B2B Arts). To provide hands-on support and raise awareness about the program, the State has mobilized a network of more than 100 community navigators across Illinois. 

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Thursday, March 9, 2023

REGISTER: Bettering Your Business Manufacturing Series

One of the biggest challenges manufacturers are facing today is attracting skilled workers. With an aging workforce and new generation of workers entering the industry, manufacturers are forced to take a multifaceted approach to build their talent pipeline, but the question is where do you begin?

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