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President Joe Biden’s executive order opening some federal lands could provide more locations to build data centers geared around artificial intelligence, among the nation’s most active commercial development categories.

Hampton, Lenzini, and Renwick, Inc. (HLR) is proud to announce that the City of Elgin's Airport Road Detention Basin Retrofit project has been recognized with a 2025 Public Works Project of the Year Award by the American Public Works Association (APWA) Fox Valley Branch. This award celebrates excellence in the management, administration, and implementation of public works projects by recognizing the alliance between the managing agency, the engineer, and the contractor who work together to complete public works projects

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For the second straight year, technology topped all industries for U.S. job reductions in 2024 as multiple industries responded to slowed consumer and business demand, according to the latest tracking by Challenger, Gray & Christmas.

1/13/2025

Here is the weekly update on funding opportunities per the request of the Latinx Business Colectivo – Funding Opportunities working group.

January 6, 2025

The Illinois Grocery Initiative Equipment Upgrades Program will provide grants for new energy-efficient equipment upgrades for existing independently owned for-profit grocery stores, cooperative grocery stores, or not-for-profit grocery stores.

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Global job cuts in the technology sector declined in 2024 from the prior year in a sign that the industry may have endured the worst of the reductions that led companies such as Microsoft, Amazon, Google and Facebook parent Meta to shed millions of square feet of office space and other property.

ECC is currently offering two no-cost programs—Safety Audits and Safety Culture Assessments—designed to help companies enhance workplace safety. Both programs are funded by a state grant and must be completed by March 31, 2025.

Safety Audits & Safety Culture Assessments

Quantum Real Estate Advisors Inc. has brokered the sale

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U.S. consumer price inflation reached 2.7% on an annual basis in November, up from 2.6% in October as shelter expenses including rents remained a significant factor in elevated costs despite overall easing of inflation.

December 11, 2024

In an exclusive event for the business community, Mayor David Kaptain celebrated Elgin's achievements while planting seeds for the future.

Following a successful launch of the BRIDGES Committee for Black and Brown entrepreneurs and a first Black Expo earlier this year, the Elgin Area Chamber of Commerce group announces it will hold a virtual Black Business Expo from 5:30pm to 7:00pm on Friday, October 25, 2024.

Fox Valley SCORE is pleased to recognize Wendy Medina as one of this year's Client Excellence Award winners.

Wendy Medina began developing her plan for a retail bakery/gourmet cupcake shop in March of 2023. After opening its doors eleven months later, Sunshine’s Cupcakery has grown to four employees. Offering cupcakes, smoothies, ice cream, coffee and espresso drinks, the Elgin-based business has routinely exceeded initial sales goals. Sunshine’s Cupcakery was recently recognized for its early success by the Elgin Chamber of Commerce.

The City of Elgin is proud to announce the groundbreaking ceremony for the expansion of the Elgin Sports Complex.

The Elgin Sports Complex, already a hub for activities such as soccer, softball, volleyball, golf, and BMX racing, will now benefit from improved accessibility with a new roadway connecting Illinois Route 31 to the complex. This second access point has been a longstanding request from users, offering a convenient route to Elgin’s downtown and further supporting tourism and local businesses.

Rebuild Downtowns & Main Streets (RDMS) & Research in Illinois to Spur Economic (RISE) Recovery Implementation Grants – application deadline July 22 The Rebuild Illinois Downtowns and Main Streets Capital program (RDMS) will provide grants for construction, repair and modernization of public infrastructure and amenities to boost jobs, improve quality of life and stimulate economic activity for communities that have experienced disinvestment.

Law Requires Posting No Later Than July 15th

SPRINGFIELD – The Illinois Department of Labor (IDOL) posted updated prevailing wage rates, by construction trade, for each county on Monday this week. By requiring that local prevailing wages are paid on public works construction and infrastructure projects, the Illinois Prevailing Wage Act helps ensure that Illinois’ tax dollars are re-invested back into Illinois’ workforce and spent in Illinois’ economy.

Team RED Monthly Webinar Updates to DCEO Business Development Programs

Northeast Region Weekly Update July 15, 2024 Team RED Monthly Webinar Updates to DCEO Business Development Programs Join Team RED for a high-level overview of HB5005, the new omnibus bill to incentivize corporate development and increase Illinois’ competitive edge for attracting new businesses and capital investments. This legislation was signed on June 26th, 2024.

Rebuild Downtowns & Main Streets (RDMS) & Research in Illinois to Spur Economic (RISE) Recovery Implementation Grants