Team Illinois, a collaboration of economic development officials coordinated by INTERSECT Illinois, will exhibit at the 2019 SelectUSA Investment Summit, June 10-12, in Washington, D.C. The Investment Summit is an annual event connecting international companies with U.S. economic development organizations to facilitate job-creating business investment in the United States.

Past Investment Summit participants have announced more than $103.6 billion in new U.S. investment projects within five years of attending an Investment Summit, creating or retaining more than 167,000 U.S. jobs in the process. Illinois has announced $1,674.2M in investment, creating or retaining more than 5,064 new jobs within those five years.

Foreign direct investment in Illinois directly supports 340,500 jobs across several industries including software and IT services, business and financial services, and industrial equipment among many others. The United Kingdom, Germany, Japan, Canada, and France were the top sources of foreign direct investment in Illinois as of May 2019.

A livestream of the Investment Summit will be available at https://www.selectusa.gov/newsroom. For live updates, including tweets, photos, and videos, use #SelectUSASummit #TeamIllinois and follow @SelectUSA on Twitter. Learn more about the Investment Summit at https://www.selectusasummit.us/.

Team Illinois SelectUSA Press Release 6-10-19

Date posted: June 10, 2019 | Author: | Comments Off on Team Illinois Coordinated by INTERSECT Illinois to Exhibit at 2019 SelectUSA Investment Summit

Categories: DCEDC & Member Organizations Local Development News Regional Economic Updates

Located at the Creative Center, Suite F of DeKalb County Community Outreach Building, the DeKalb County Business Incubator aims to foster and support the initial development of new ideas by emerging entrepreneurs which can evolve into a successful business and add to permanent/long-term economic growth throughout DeKalb County.

Established in 2016, the DeKalb County Business Incubator features private furnished offices and conference rooms to meet different business needs. Contemporary common areas allow starting companies to collaborate with their teams or other tenants and provide a professional atmosphere for client interaction.

Learn more and apply

Date posted: June 7, 2019 | Author: | Comments Off on DeKalb County Incubator Space Available

Categories: DCEDC & Member Organizations Local Development News

Nonprofit Day is the DeKalb County Nonprofit Partnership (DCNP)’s annual conference, sponsored by First Midwest Bank. It’s a valuable professional development and networking opportunity for nonprofit staff, volunteers, and board members.

This year, it will be held on July 24 at Faranda’s Banquet Center, offering a keynote speaker, concurrent breakout sessions, mid-day plenary presentation, catered lunch, networking reception, and more! The conference is free for DCNP members and $30 for non-members. The registration will end on July 19.

Join this event and learn more about financial management, leadership, social media, PR strategies for nonprofits!

Learn more and register

Date posted: June 7, 2019 | Author: | Comments Off on Nonprofit Day Set on July 24

Categories: DCEDC & Member Organizations Local Development News

May 2nd of this year was the sixth ‘Give DeKalb County’ day to raise funds for 501(c)3 nonprofits located in and/or serving DeKalb County. Within this 24-hour fundraising event, donors of all ages and walks of life express their generosity and give back to their community through the nonprofit sector. Coordinated by the DeKalb County Nonprofit Partnership (DCNP), a program of the DeKalb County Community Foundation, Give DeKalb County has raised over $1.8 million since it began 5 years ago.

This year, the event had the most participating nonprofits, the most donations, the highest number of donors, and the largest amount raised. 4,352 donations were made to the 104 participating organizations and funds; 1,901 donors of all ages gave back from 43 different states and four countries; a total of $751,050 was raised.

Ben Bingle, director of DCNP, and Michelle Donahoe, executive director of the DeKalb County History Center and Give DeKalb County committee chair, appreciated all the donors and were excited by the results.

Give DeKalb County raises awareness about the community development, supports the nonprofit sector, encourages philanthropy and promotes collaboration. As a nonprofit organization, DCEDC is grateful for all the donors and partners who support us, and wishes Give DeKalb County more successes in helping build the community and direct efforts and services to people and tasks we care and value!

Date posted: June 7, 2019 | Author: | Comments Off on Give DeKalb County Reached New Heights for Nonprofit Community Support

Categories: DCEDC & Member Organizations Local Development News

In October 2015, five organizations with a stake in the economic vitality of DeKalb County launched a process to develop a countywide economic development vision and priority activities for the region. These partners included DeKalb County Government, the DeKalb County Economic Development Corporation (DCEDC), the DeKalb County Community Foundation (DCCF), the DeKalb County Farm Bureau, and Northern Illinois University (NIU).

Building on this initial community visioning phase, the partners convened business and community leaders from throughout DeKalb County to create and implement a comprehensive economic development strategy or CEDS plan.

The Talent Pipeline sub-committee is charged with implementing Goal #1 of CEDS Plan: Ensure that DeKalb County has a talent pipeline that meets the needs of workers and employers.

This year the sub-committee is working vigorously to identify workforce challenges and opportunities in our market to create a Talent Pipeline Management Initiative that puts employers in the role of “end customers” of education and workforce partnerships.
At the beginning of June, they have launched a countywide online survey for industry hiring needs. With emails of survey links sent to most companies of the county, the survey is expected to target the talent supply and demand for critical industry occupations and sectors.
Every firm’s input will be needed and valued to help DCEDC better address the local business hiring needs!

You can click the link to participate in the survey: DeKalb County Industry Hiring Needs Survey
Or contact us if you have comments or questions:
Yiwei Jin—DCEDC Graduate Research Assistant
Phone: 815-895-2711 Email:yjin@dcedc.org
Paul Borek—DCEDC Executive Director
Phone: 815-895-2711 or 815-508-2427 (cell) Email: borek@dcedc.org

We kindly ask for the survey to be completed on, or before June 28th, 2019. The information provided will be kept confidential.
As a token of appreciation for participating in this valuable survey, DCEDC will conduct a drawing after the survey window closes for one lucky person to receive a complimentary reservation to attend the 2019 DCEDC Annual Dinner & State of the County event in the fall. The value of the reservation is equal to $125.00.

Date posted: June 5, 2019 | Author: | Comments Off on DCEDC’s Industry Hiring Needs Online Survey is On the Way!

Categories: DCEDC & Member Organizations Local Development News

‘Preserve, then enhance’ is the guiding principle for the community development efforts in the City of Sycamore. It is also integrated in the City’s Five-Year Comprehensive Plan. Later this year, a new round of the plan updating process will take place. To represent the community’s vision, direct the decisions and guide future planning, the plan renewal seeks to answer questions about the land uses within the mile-and-a-half perimeters of the city, public policies to shape the development of these areas, enhancement to the quality of life, implementation regulation amendments and promotion of the city brand.

We look forward to the future blueprint in the new Five-Year Comprehensive Plan of Sycamore!
Sycamore Business Matters

Date posted: May 22, 2019 | Author: | Comments Off on Sycamore Business Matters

Categories: DCEDC & Member Organizations Local Development News

DCEDC’s pivotal partner ComEd enthusiastically stimulates economic growth and diversification by maintaining an industry-leading reliability performance, promoting access to 100% renewable energy options, securing a competitive energy market, building an extensive portfolio of energy efficiency programs, solidifying a future-forward electric infrastructure and reducing deposits for service extensions.
Since 2008 over 650 DeKalb County businesses have participated in the ComEd® Energy Efficiency Program earning over $7.5M in total business incentives. These businesses have saved over 61,030,000 kWh on their annual electric bill.
We are proud to have ComEd as our close partner and look forward to a fruitful cooperation in supporting DeKalb County’s economic development!
2019_Dekalb_Data_flyer

ComEd Economic Development Factsheet – April 2019

Date posted: May 20, 2019 | Author: | Comments Off on DeKalb County’s Energy Efficiency Success

Categories: DCEDC & Member Organizations Local Development News Regional Economic Updates

The DEKALB brand of hybrid seed corn, now owned by Bayer, one of the Fortune global 500 top companies, has rich history. Established as the DeKalb County Soil Improvement Association in 1912, it went through the transition, expansion and merger as the DeKalb County Agricultural Association (DeKalb Ag) in 1917, DeKalb AgResearch in 1968, DeKalb-Pfizer Genetics in 1982, DeKalb Plant Genetics in 1990, Monsanto in 1998 and Bayer in 2018. Now integrating with Bayer’s more than 350 R&D sites and over 175 breeding stations across the world, its legend continues with global innovation, exclusive genetics, superior performance and integrated solution to help farmers maximize yield potential.
The three Bayer Waterman facilities serve a key role in the development, quality and supply of Bayer seed products. They employ 112 people full time and another 300 contract workers seasonally to work at the Research Site, Production Site and Seed Technology Center in Waterman.
“Just as in the early days of DeKalb Ag, the DEKALB brand is still dedicated to making farming better and finding a way to improve yield results,” explained Camille Scott, Bayer Crop Science Research and Development (R & D) Communications. With the legacy passed on and the spirit honored, the story of the DEKALB brand is unfolding into an unpreceded future with Bayer!

Full Report-Bayer in our backyard

Date posted: May 1, 2019 | Author: | Comments Off on Bayer in Our Backyard

Categories: DCEDC & Member Organizations Local Development News Regional Economic Updates

Soon DCEDC will have a new address: 2179 Sycamore Road, Unit #102, DeKalb, IL. Paul Borek, the executive director, described the new location, in the Brookview Terrace building, as a prime spot for access to both DeKalb and Sycamore residents, with optimal distance from Interstate-88, as well as Route 23.
DCEDC has been extremely fortunate to reside in the current location at 421 North California Street, Building 1B, 2nd Floor, Sycamore, IL for more than 30 years, thanks to the generosity and support of our longtime board member, Bob Boey and his lovely wife, Doris Boey-owners of the Sycamore Industrial Park/SIPA. We hope to reach out to all our markets and key partners from a more prominent central location and adhere fervently to our goal of attracting investment, expanding the economy and creating jobs in DeKalb County.
We are grateful for any support from our partners to our relocation as our Plus 10% Fundraising Campaign is currently underway. We want to express our sincere appreciation to those who have already given, and encourage those who have not, to be as generous as they can. Tax deductible donations can be made at https://dcedc.org/members-area/ or mailed to our office. If you have any questions, please feel free to contact us at 815-895-2711.

More detailed report

Date posted: April 16, 2019 | Author: | Comments Off on New move: DCEDC relocation scheduled to be completed in May

Categories: DCEDC & Member Organizations Local Development News Regional Economic Updates

DCEDC Member, Southmoor Estates, manages affordable housing development on the south side of DeKalb and offers unique benefits to their customers through their smart approach. Made up entirely of manufactured homes, the development is recognizable for its well-maintained streets, neatly kept yards, and bright, solid built, one-story homes at 1032 S. Seventh Street. Incorporating some positive elements of retirement communities, Southmoor could integrate the economies of scale of manufactured homes and the concept of site renting to their move-in ready houses to maintain a good quality and a relative low price for homebuyers. In addition, they also boast for contracted yardwork and landscaping, neighborhood integrity, on-site management, in-house maintenance, a beautiful common room, family operation and close relationship among people built in community events.
Thanks to Southmoor for contributing to build a diversified and well-maintained community in DeKalb!
Southmoor Article

Date posted: April 16, 2019 | Author: | Comments Off on Solid Homes in a Great Neighborhood at a Great Price

Categories: DCEDC & Member Organizations Local Development News