Monthly Archives: February 2018

Business Collaboration and Growth

Last month saw the launch of a regional economic development initiative to bolster partnership within various public sectors. It is hoped that this endeavor – the Chicago Regional Growth Corporation (CRGC) – will create growth, be mutually beneficial to participating organizations and in general boost the work of northeastern Illinois businesses.

CRGC can be used by locals for creating and developing Chicago’s identity, bolstering economic development and centralize programming. ultimately it is hoped and expected that the endeavor will fortify the economy, develop networks and connections and provide greater economic opportunity. As founding executive director of CRGC Tom Hulsman said:

“The economic growth of cities, from neighborhoods to suburbs, is highly interdependent. We have a huge opportunity to capitalize on our resources and bring all of the players to the table to set an economic development agenda that works for the entire region, with a strong emphasis on inclusive economic growth throughout all of CRGC’s programs and initiatives.”

Over in Matteson, Mayor Sheila Chalmers-Currin, discussed with locals about her mission to “feed the economy” there. People are very excited for this and as the Mayor pointed out, it should be “a great opportunity to share what we have in our focus for the Village and the Southland region. I’ve lived here for 35 years and I’ve seen the village grow from 10,000 to over 20,000. We’ve had some positive events and we have had some challenges,”

Chicago: Tax Time!

Taxes are due pretty soon.  What does this mean for Chicagoans and how can they get assistance if needed?

There are various organizations and websites offering help.  Ladder Up representatives went to Olive Harvey College to offer free tax filing assistance a couple of weeks ago at the beginning of the Tax-A-Thon. As well as a tax problem-solving workshop, representatives from John Marshall Law School’s Fair Housing clinic were on hand to give tips too.

The aim of Ladder Up is to get the entitled tax deductions and refunds for everyone.  Anyone whose income is less than $30,000 (families $55,000) can get free tax preparation assistance.

There is also this article written in The Chicago Tribune that provides guidelines and tips as well as this one from NBC Chicago.

For pet owners in Chicago, there are various tax breaks you can get.  Examples include: guard dogs, cats used for pest control, pets used in hobbies (sometimes, such as dog shows in which they could be seen as a hobby income), foster animal care (with Schedule A in charitable deductions), moving expenses (if you have to transfer your pet to a different home).

Triumphant Women of Chicago

Women are Chicago are strong, authoritative and successful.  This has been the  message across the different industries in business recently.  First, there was The Women’s March on 20 January whereby 250,000 women “marchers [came] together in downtown Chicago at the intersection of Congress and Columbus to celebrate the spirit of the resistance efforts over the past year and unite to focus on the 2018 elections and beyond.”

But that was not just a stand-alone event.  Prior to the march, there was a rally that took place between 11 a.m and 12:30 p.m. between Congress Parkway and Columbus Drive, featuring local speakers who discussed:

  1. women’s rights,
  2. getting women in more powerful official/government positions,
  • DACA recipients and Dreamers – deportation issues
  1. the ongoing struggle need for equality and fair representation of all citizens in the electoral system.

Speaker Asha Binbek of the Council on American-Islamic Relations, denounced President’s Trump’s platform of ‘Mak[ing] America Great Again,’ arguing that

Our different backgrounds, should be celebrated. Our race, our gender, our sexual orientation, our religion, whether you were born on this soil or sought refuge here or a future being able to come here to celebrate each other and support each other’s causes. This, THIS, is what makes America great!” Our need to be civically engaged has never been more important than it is now!”

At the end of last year, EvolveHer was launched.  Two factors are of note here in terms of timing: a) the #metoo campaign and b) the Women’s March.  While the concept of a co-working space exclusively for women is not a new one, it has been welcomed in Chicago.  With 5,000 square feet in office space, there are standard office amenities (kitchen, lounge, phone booths, etc.) and also those specific to women (milk pumping rooms, make up areas etc.). Women-related workshops are also held on subjects such as “finding your purpose,” and it is hoped that in the future 7-14 year old girls will be offered basic business classes. As Alicia Driskill, company founder pointed out:

“We have such great women’s groups and female entrepreneur vibes in Chicago, but there’s really no place to centralize it and bring us all together. We really wanted to create community, and be community driven, so that women can get to know each other and really elevate each other and support each other on the business front.”

The space can hold approximately 100 people working at once and the networking potential for these already powerful women is amazing.