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chicago.businessdistrict.com
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Description:Chicago Business District Menu Skip to content Home About Search for: Illinois Businesses and PPP December 12, 2020 Business News ChicagoAdmin 220,000 Illinois businesses received money under the Paym
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Chicago Business District Menu Skip to content Home About Search for: Illinois Businesses and PPP December 12, 2020 Business News ChicagoAdmin 220,000 Illinois businesses received money under the Payment Protection Program. Enhancing Quality of Life for Locals December 8, 2020 Infrastructure Assets , Chicago Department of Transportation (CDOT) , Gia Biagi , Information and Services (AIS) ChicagoAdmin In an effort to enhance the quality of life for Chicagoans, Mayor Lightfoot has gotten together with the Chicago Departments of Transportation (CDOT) and of Assets, Information and Services (AIS) and developed a Five-Year Capital Plan. With a commitment to invest in infrastructure and facilities throughout all of the region’s 77 communities, part of the plan’s goal is to get thousands of locals back to work too. When talking about infrastructure this refers to bridges, sidewalks streetlights, etc. The plans are to put in $1.4b in General Obligation bond proceeds. The Mayor explained : “Our Five-Year Capital Plan is our latest ambitious campaign to invest in Chicago’s residents and businesses, and lays the groundwork for our future as a premier global destination and the best city in the world to call home. By leading with equity, we are ensuring that this success is not only driven by our historically disinvested communities, but brings our whole city closer together by literally building bridges across neighborhoods and unlocking our full potential for decades to come.” Gia Biagi, CDOT Commissioner added: “This Five-Year Capital Plan provides CDOT with the resources to make vital infrastructure investments across the entire city of Chicago, including those prioritized in the Mayor’s Invest South/West Initiative. Through this plan, we will work with our partners to invest in our neighborhoods in a way that emphasizes equity, safety and mobility and lowers the economic and environmental burden of transportation for all of our residents.” Covid-Killing-Robots November 28, 2020 Environment Morris Miller , Xenex ChicagoAdmin Astronics Corporation aerospace firm has started the building process of its coronavirus-killing robots. Known as the Xenex LightStrike, the robots – at a cost of $125,000 per piece – are already being used in 700 US healthcare locations, including seven in Chicago. A statement from Astronics Corporation said : “In a peer-reviewed study, published in the journal, Infection Control and Hospital Epidemiology, researchers report that within two-minutes LightStrike’s pulsed xenon, full-spectrum, ultraviolet rays achieved a 99.99% level of disinfection against the coronavirus.” It works by using pulsed UV rays to penetrate the virus’ cell walls, eliminating its molecular structure, leading to the eradication of the virus.” Morris Miller, Xenex’s CEO said: ““This technology is important today because these are the most powerful UV robots that have ever been made. They’re 4,000 times more intense than any other UV robot that has ever been on the market. As a result of that, they’re extremely fast.” An initial manufacturing agreement of $20 million has been signed between Astronics and Xenex. Local Business Expansions November 16, 2020 Business News AtWork , Mark Lopez ChicagoAdmin Coronavirus aside – or even in spite of the pandemic that has wreaked our lives and our economy – there are business expansions in Chicago. AtWork is going to be opening a new office in Chicago. This recruitment and staffing company is looking into making its presence in the region. But more than that, the move shows confidence in the job market which is great news for locals. AtWork Chicago owner Mark Lopez explained : “Chicago is one of the busiest business hubs in the nation, and our immediate goal is to help Chicagoans get back to work and provide local companies with the support they need to bounce back from this difficult environment. In the long run, our ambition is to foster the economic growth of the region by providing the highest quality of recruiting services to both companies and candidates. With AtWork’s unparalleled focus on service and national track record, combined with my team’s experience, we have everything it takes to make a formidable impact and bolster the development of local communities.” The new office is located at 150 North Michigan Avenue, Suite 2800, Chicago, IL. Local Drivers Wanted November 5, 2020 Employment Cynthia Sosnowski , DCEO , Enterprise Zone , Erin B. Guthrie , Illinois Central School Bus LLC ChicagoAdmin While many are still grappling with unemployment, there is some good local news. The Illinois Central School Bus LLC is hiring! Now that kids are going back to school, they need bussing. According to the Contract Manager at the Illinois Central School Bus company, Cynthia Sosnowski, the firm is looking for between 40 and 50 drivers. The good news is, you do not even need a bus license to apply, just a driver’s license. The bus company will do the rest of the work by investing in you and paying for the necessary training and license. Of this commitment to the people, Sosnowski said : “I want to see people happy and making money. I mean, the holidays are coming. Let’s bring some joy to this crazy unprecedented time.” Salary is between $14-21 per hour. In related news, seven new enterprise zones (region which has gained special tax breaks/public assistance in order to strengthen economic development) have been designated by The Illinois Department of Commerce & Economic Opportunity (DCEO) effective Jan. 1, 2021. Such zones are also meant to bolster job growth and investment, in particular in communities that are “economically underserved.” Following the 2019 investment of $657m+, approximately 38,000 jobs were retained and 4,570 new jobs, created. As DCEO Director and Enterprise Zone Board Chairperson Erin B. Guthrie said : “Illinois remains open for business, and we are committed to supporting our economically depressed communities with tools proven to attract investment to all corners of our state. With the renewal of these seven enterprise zones, we look forward to continuing our work with local officials to support new investments and economic growth across our downstate communities.” Chicago’s Water October 28, 2020 Environment Kari K. Steele , Metropolitan Water Reclamantion District of Greater Chicago , Water Environment Federation , WEFTEC 2021 ChicagoAdmin In this video, Kari K Steele, President of the Metropolitan Water Reclamantion District of Greater Chicago (MWRDGC) Board of Commissioners, introduces the viewers to Chicago’s WEFTEC 2021. Steele thanks the Water Environment Federation and the Water Professionals of Chicago for its hard work especially during the pandemic. Help for Small Local Businesses October 18, 2020 Business News Business Interruption Grants ChicagoAdmin Thanks to the BIG Program (Business Interruption Grants), local small businesses are receiving financial assistance for losses caused by the coronavirus pandemic. More than $220m is in the BIG funds and will be earmarked for those businesses hardest hit by the pandemic, with a special focus on Illinois’ most economically-distressed communities. The State of Illinois has created the Business Interruption Grants (BIG) program for small businesses in Illinois suffering losses as a result of the ongoing COVID-19 pandemic as well as communities impacted by the recent civil unrest. Applications are open and will offer over $220 million in funds for small businesses hit hardest by the ongoing pandemic, with a focus on economically distressed communities across Illinois. Further, an announcement was made by Governor Pritzker regarding the $245m that will be available for small businesses either damaged from looting or from having to close up. He also referred to the reality that if federal funding does not come through, many businesses will have to shutter for good, resulting in thousands more being unemployed. Regarding the BIG Program, Pritzker ...
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