Less than two weeks after J. B. Pritzker was inaugurated as Illinois’ 43rd governor, he guided a review to be conducted by the Department of Commerce and Economic Opportunity (DCEO) on the enhanced efficiency of the use of state funds for workforce training. The DCEO has 90 days for this project. Pritzker said:
“It is critical that state resources are being used to meet
the demands of the 21st Century,”
The idea is to offer new businesses capital, technical support and
mentorship. To date, 1871 – the nonprofit
Business Incubator that Pritzker helped establish in 2012 – has already generated
approximately 7,000 jobs as well as 400+ digital startups which are now in
place in Chicago’s Merchandise Mart.
And then there is the
Illinois solar revolution that is taking place throughout various parts of
the state’s open land. Various communities
are getting on board to use solar power in an effort to meet renewable energy
goals. One example of this is Aurora
which is seeking to turn half of all energy to renewable within the next
decade. Will County’s Energy and
Conservation Specialist, Sam Bluemer has described what is happening as “an
The initiator for this was the 2017 Future Energy Jobs Act
which was established – and has successfully – set up new solar programs and
incentives. One of these is the lottery
whereby developers can apply in January for renewable energy credits often
needed for viability of the projects and can be used for:
large, utility-scale solar arrays
small-scale solar projects known as
Keep posted for more exciting developments in 2019 in Illinois.
If you’re in Chicago looking to network, connect and join
others in business-related summits, where should you go next month? One place for those with green fingers is the
meeting Adding Value: Back to our
Roots. Hosted by the National Floriculture Forum on 16-17 February, click here for
On February 14 to 17th, the United States Hispanic Leadership Institute
(USHLI) is hosting its 37th annual national conference. This year’s theme is “Defend Democracy: Aquí
y Ahora” and will take place at 301 E. North Water Street, at the Sheraton
Grand Chicago Hotel. Congressman Joaquin
Castro will be one of the keynote speakers and Luis V. Gutierrez, a former
congressman, will be a speaker for the Latino Leaders Recognition and
USHLI. For registration, click here.
On March 28, there
is the Family Office Deal Flow Summit organized by ResearchandMarket.com. This is an amalgamation of family investors,
dealmakers, private businesses and more.
At the one day summit they can all work on getting a mutually beneficial
deal completed. Discussions and presentations that will take place will be on
the following subjects:
It’s amazing how much of real estate, environment and
infrastructure changes over time…and yet stays very much the same. At the moment one example of this is what has
evolved over the years at West Oakdale Avenue.
In 2005, a new landmark was designated in Chicago
within the Lakeview neighborhood. the
area between Seminary and Sheffield Streets for locals and tourists alike to check
out historical buildings. Many years ago
these were home to the Northwestern Terra Cotta Company officers founded in
1878 by John True and others which became the name in terra cotta
one of those houses – completed in 1887 – was given
the name the Henry Rokham House. that
became known as The
Queen of Terra Cotta Row and in
2012 had a market value of nearly $2.5million.
Featuring stained glass windows, brick etchings of a woman on a spinning
wheel, unique tile work, original coach house and more, it was designed by
now, for the first time in six decades one of these
properties is for sale!!! The two floor building with four bedrooms, three and
a half bathrooms, and two kitchens has a 1970s vintage feel to it. back in its day it
was known as “the absolute crème de la crème.” now
it can be yours for $699,000 to enjoy leopard print carpeting, condo sports and
more. It may be somewhat outdated and in
need of some modernization but the location and the story it tells brings it
more than charm.
can find it challenging to get back into the workforce after they have had
children. It was found that 34 percent choose
not to return to their jobs. An endeavor
in Chicago is now aiming to fix that issue.
The Mom Project – a Chicago-based
startup – is trying to reduce that figure by bringing moms to employers looking
to hire who understand and appreciate the value a mom can bring to their firm and
who will work with them to alleviate mom-based pressures.
startup is currently working with 75,000 women in this position. To date, they
have gotten 1,000 companies internationally to see if they can make a fit with
moms returning to the workforce. The mission
of the project is: “helping women remain active in the workforce in every
stage in their journey.”
of the companies the project works with include: JLL, Sapient Razorfish,
Georgia-Pacific, Miller-Coors and more.
At a recent meeting held by members of the West Garfield
Park Youth Council, a discussion took place on how to give people from impoverished
community a second chance; a subject that has traditionally been swept under
the carpet. The need to empower formerly incarcerated individuals from the
community was the focal point of the discussion.