The GLCEDC provided a Community Development and Infrastructure Grant to the Village of Forrest to assist in the funding of a water main extension and Route 47 improvements for the new business. More information about H & H Installation can be found on their website.
Friday, May 18, 2012
Village of Forrest Attracts New Business
The GLCEDC provided a Community Development and Infrastructure Grant to the Village of Forrest to assist in the funding of a water main extension and Route 47 improvements for the new business. More information about H & H Installation can be found on their website.
Wednesday, April 18, 2012
Lost in Time, Inc. Receives Grant from GLCEDC
Sally Goembel, owner of Lost in Time, Inc. receives a check from Larry Vaupel, CEO of the GLCEDC.
Monday, February 20, 2012
Executive Committee Elects Officers
Other Executive Committee members now include: John Ward, Caterpillar, Inc., Mayor Bob Bradford, Village of Saunemin, Roger Corrigan, 1st Financial Bank, Scott Bauknecht, State Bank of Graymont, Mike McCoy, McCoy Construction, Glen Ludwig, Creative Ag Solutions, Mike Cohlman, Champion Fitness, Mayor Jim Gulliford, Village of Forrest, and Chairman Bill Fairfield, Livingston County Board.
The Officers and the Executive Committee look forward to leading the GLCEDC in 2012 in order to bring economic development opportunities to Livingston County and assist local businesses grow and expand their operations.
Thursday, December 15, 2011
Walmart Provides $5,000 Grant to the GLCEDC
"We are excited to have local support for our efforts from Walmart. Walmart understands that economic development is a team effort and that it takes financial support from all of the various industries and employers to be successful", said Larry Vaupel, CEO of the GLCEDC.
Steve Lawson, General Manager of the Pontiac Walmart stated, "We are pleased to be able to support local organizations like the GLCEDC that are making a positive impact on the local economy and in the lives of area residents."
The GLCEDC is funded by annual member investments from local businesses, the Livingston County Board, and area municipalities. Their mission includes efforts to recruit and retain businesses, train and assist entrepreneurs starting new businesses, and facilitate economic development activity in the region. More information about the GLCEDC can be found at their website: www.youropportunityawaits.org. To learn more about the Walmart Foundation, access their website at: http://walmartstores.com/CommunityGiving/.
Thursday, August 25, 2011
LC Unemployment Rate is Below National and State Averages
Thursday, May 19, 2011
May 18 Executive Committee Meeting Summary
Tuesday, May 17, 2011
Dwight Area Projects Moving Ahead
Friday, May 13, 2011
New GLCEDC Fan Page on Facebook
Tuesday, April 26, 2011
New Businesses and Member Investment Hi-light April Board Meeting
Wednesday, March 30, 2011
Free Business Counseling
The GLCEDC has partnered with the Small Business Administration's SCORE program to offer free business planning and counseling to local entrepreneurs. Currently, our area is being served by the McLean County Office. A counselor works out of our office in Pontiac every 3rd Wednesday of the month from 9:00 a.m. to noon. Feel free to stop in or call 815-842-2900 to schedule an appointment. You can find more information about SCORE by visiting their website.
Eventually, we would like to have our own SCORE program for Livingston County. If you have an interest in assisting local entrepreneurs succeed, please consider volunteering with SCORE. SCORE needs individuals to assist in all facets of business including accounting, human resources, planning, sales, and marketing. Please contact us if you would like to discuss this opportunity further.
Thursday, September 30, 2010
Livingston County and the US Dept of Energy
On September 23, the US Department of Energy published an article about recent economic development in Livingston County. Read an excerpt of the article below:
A car dealership in Dwight, Ill., shut down this year, but recently reopened its doors and 29 people kept their jobs.
Over in Collum, a grocery store that sat silent for three years recently awoke, creating six jobs. And a new coffee shop is now open in downtown Pontiac, bustling with customers sipping lattes and eating muffins.
So what breathed new life into these Livingston County businesses?
Surprisingly, it was the opening of the Streator Cayuga Ridge South Wind Farm, a 300 MW wind farm made possible with the help of $170 million through the U.S. Department of Energy's 1603 grants-in-lieu-of-tax-credits program to the developer.
Read the rest of the article here.
"We believe in economic gardening," says Larry Vaupel, director of the GLCEDC. "We try to grow our economy from within by nurturing businesses and providing financial assistance for start-ups and expansions."Tuesday, May 4, 2010
Welcome and Cullom Community Market Opening
Members of the GLCEDC staff and executive committee recently joined the Village of Cullom to celebrate the grand opening of the Cullom Community Market. A large group of Cullom residents worked together for 2 years to open a grocery store in their small town. They formed a legal corporation, sold shares in the market, purchased a building, and spent many hours volunteering to get the building in shape for opening day.
The Cullom Community Market is a great example of the determination of small town residents and the GLCEDC is proud to assist in the purchase of the Cullom Community Market building. Through the GLCEDC Community Development Infrastructure Grant (CDIG) program, the GLCEDC contributed roughly $13,000 to the project. By supporting this project, and others like it, we are able to promote and provide meaningful economic development to the residents of rural Livingston county. Congratulations to the residents of Cullom for all their success!
For more information on GLCEDC grants please visit the GLCEDC website.
*Picture provided by The Paper
Monday, April 26, 2010
Biz Ed Workshop Reminder
Please RSVP to office@glcedc.org.
In case you need convincing, the business website Small Business Trends reports that 90% of Internet users search online for business in their area and 97% observe online media. There are several easy (and cheap!) ways to create more of an online presence. Many of these topics will be covered at our online marketing workshop. In the mean time, here are links to articles that you may find helpful:
Thinking of Starting a Blog? Tips to Help You Start, Maintain & Grow a Small Business Blog
Start an Online Business
Tips for Taking Your Business Online - Build It, Optimize It, Spread the Word
How Can Small Business Owners Learn Social Media?
Please feel free to leave comments about how you create more of an online presence for your business.
Monday, March 29, 2010
GLCEDC CEO Interview
“We are geared up to operate for the economy to improve slowly,” Larry Vaupel said. “We are assuming a slow recovery and are targeting industries that are growth industries. “
Friday, February 12, 2010
GLCEDC in the News
You can read the full text of the article online on The Daily Leader's E-Edition page.
"We have thus far invested $500,000 in the Greater Livingston County Economic Development Corporation (GLCEDC),”Fairfield said. “Of this amount the GLCEDC has given $13,000to the Cullom grocery store which has helped that community to once again have a grocery store."
Wednesday, February 3, 2010
Updates to the GLCEDC Business Assistance Page
- A handbook for starting your business in Illinois
- Links to management guides from the Illinois Entrepreneurship Network and Small Business Development Centers
- Business Planning Assistance
- Information and templates from SCORE
- Links to free Google programs for small businesses
Information regarding financing, training, and additional resources are available on the For Entrepreneurs page of the GLCEDC website.
Friday, January 29, 2010
GLCEDC in Futures and Commodity Market News
The recovery zone bonds are a financing opportunity through the American Recovery and Reinvestment Act 2009. This bond program makes funding available for both public bodies and private businesses.
Follow the link for the full article.
Friday, December 11, 2009
GLCEDC Grant Recipient: The Comity Buzz, Pontiac IL
Friday, November 20, 2009
GLCEDC Awards Grants
The Comity Buzz, LLC will use their grant money for interior improvements to their coffee shop and the Cullom Community Market will put their funds towards the purchase of their building. The GLCEDC Executive Committee believes that providing matching funds to improve building infrastructure and complete community development projects will enhance the economic environment and attractiveness of Livingston County.
For more information on GLCEDC Grants, click here.
The Comity Buzz pictures coming soon.
Cullom Community Market Under Construction
Thursday, November 5, 2009
Grants aim to spur Livingston Co. economic development
One grant is for property owners to refurbish existing space to encourage new businesses to move in. The other grant would help municipalities with general infrastructure improvements and property acquisitions.
The second grant requires the municipality to pay half the cost.
'These types of grants came out of discussions with local businesses, the county board and others who said that it basically came down to planting the seeds for economic development,' said Larry Vaupel, CEO of the Greater Livingston County Economic Development Council.
So far, the council has given $2,800 to a coffee shop in Pontiac and $13,500 to Cullom for a grocery store.* Vaupel said the council will use $200,000 for grants and another $300,000 for a revolving loan fund.
The $500,000 came from the Livingston County Board, which received $1 million from Iberdrola Renewables to put a wind farm into the county enterprise zone.
The Spanish developer is building a 150-turbine project. In an enterprise zone, developers can abate some taxes.
County Board Chairman Bill Fairfield said there are no immediate plans for the remaining $500,000.
(Source: The Pantagraph 11/5/09)
* Please note that the GLCEDC Executive Committee has not yet approved any grant applications, but has approved the grant programs.