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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Tuesday, August 1, 2023
HB 2531, signed by Illinois Governor JB Pritzker, requires the Illinois Department of Transportation to start the prequalification process for entering public-private agreements established in the South Suburban Airport Act.
Monday, May 25, 2020
Governor JB Pritzker today released industry-specific guidelines that allow for the safe re-opening of businesses as the state progresses into the next phase of the Restore Illinois plan. All four regions of the state are on track to advance to Phase 3 of the plan in the coming days, allowing thousands of residents to return to work, and the reopening of businesses in the following industries: retail, offices, manufacturing, barbershops and salons, summer programs, various outdoor recreation activities and bars and restaurants for outdoor dining.
Friday, March 27, 2020
To help hospitality businesses make ends meet in the midst of the COVID-19 pandemic, the Illinois Department of Commerce has launched the Hospitality Emergency Grant Program with $14 million drawn from funds originally budgeted for job training, tourism promotion, and other purposes. Grant funds are available to support working capital like payroll and rent, as well as job training, retraining, and technology to support shifts in operations, like increased pick-up and delivery. Deadline to apply is April 1.
