Economic Development

Shops of Monmouth Retail Business Competition
8:32 am
Mon June 2, 2014

Monmouth: Calling All Entrepreneurs

Downtown Monmouth
Credit ross6606 / Flickr Creative Commons

Monmouth is hosting a competition for anyone interested in opening their own retail business. That's any business that will collect sales tax.

Read more
Public-Private Partnership
11:15 am
Wed May 7, 2014

A New Plan for Galesburg Economic Development

Galesburg City Hall
Credit Rich Egger

Aldermen agreed to form a new partnership with the Galesburg Regional Economic Development Association (GREDA).

Read more
Regionalism to be Priority
3:44 pm
Wed March 13, 2013

GREDF Introduces New President

New GREDF President Marcel Wagner, Jr.

The new head of a Quincy-based economic development organization says working regionally is a key to future success.

Read more
Emphasis – November 2
10:02 am
Fri November 2, 2012

The Sustainable Business Center in Galesburg

Cesar Suarez, Ryan Lilly, and Eric Dilts (left to right)
Credit Rich Egger

Rich Egger’s guests on Emphasis are Cesar Suarez, Ryan Lilly, and Eric Dilts. They talk about the Sustainable Business Center in Galesburg.

Suarez is the city’s economic development director, Lilly is manager of the Entrepreneurship Center of West Central Illinois (which is located at the SBC), and Dilts is the sustainability director at the SBC.

Dilts said the SBC is a business incubator.

Read more
Some will expire in 2013
3:27 pm
Tue May 1, 2012

Enterprise Zones in Illinois Near End

The legislation that established Enterprise Zones in Illinois was passed in the mid-1980s. Many are nearly at the end of their 30 year lifespan.

Enterprise zones abate the property taxes on improvements for up to 10 years. The zones also offer a state sales tax exemption on building materials that are purchased in the state and are used in an enterprise zone.

Read more