What Can the GLCEDC do for your Business in 2018?
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In 2017, the GLCEDC and its partners worked with eight companies and three area school districts disbursing over $325,000 in grants. Collectively, these projects have resulted in approximately 1,325 jobs created and/or retained, the addition of nearly 30,000 square feet of building improvements, approximately $2.2M in capital investment, and impacted the education of over 2,100 Livingston County students.
View below to see how the GLCEDC may help your business in 2018.
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The GLCEDC, with the assistance of Livingston County, provides Economic Incentive Grants to employers who create at least 10 jobs with a wage and benefit package of at least $29,201 per year and retain the positions for at least one year after creation. The following businesses have received an Economic Incentive Grant:
- Advanced Technology Recycling, Pontiac, created 26 new jobs
- Anthony Liftgates, Pontiac, created 13 new jobs
- Caterpillar, Pontiac, created 513 new jobs
- Slagel Meats, Forrest, created 10 new jobs
- Technical Metals, Fairbury, created 10 new jobs
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The Property Tax Abatement program provides up to 10 years of property tax abatements provided the applicants meet requirements pertaining to: new building improvements, capital investment, employment creation/retention, and wage standards. The following GLCEDC members have received a Property Tax Abatement:
- Anthony Liftgates, Pontiac
- BMCH Properties, Fairbury
- Caterpillar, Pontiac
- RKO Saw & Tool, Cullom
- Selig Group, Forrest
To view the Livingston County Property Tax Abatement Plan
click here.
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Watch the video above to see the signing of the Property Tax Abatement agreement.
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Building Improvement Grant
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Building Improvement Grants are intended for small businesses which rehab vacant space or improve existing structures.
A reimbursement, not exceeding $11,250 is provided for qualifying expenditures. The following businesses have received a Building Improvement Grant:
- Captain's Concrete, Dwight
- DeLong Ford, Dwight
- Hustedt Jewelers, Pontiac
- Pontiac Family Eye Care, Pontiac
- P.K. Unkorked, Pontiac
- Sealtite, Fairbury
- Total E Clips, Pontiac
- Unity Cosmetology, Pontiac
Building Improvement Grant application.
Click here
to view a brochure with before and after photos from businesses who have received a Building
Improvement Grant.
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P
ontiac Family Eye Care was awarded a $11,250 Building Improvement Grant to expand their building by 1,855 square feet, and make a complete interior renovation.
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Educational Enhancement Stimulus Grant
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The Educational Enhancement Stimulus Grant is dedicated to Livingston County schools which provide S.T.E.M. (Science, Technology, Engineering, and Math) programming. Over 2,100 students in 3 school districts have been impacted by the Educational Enhancement Stimulus Grant including:
- Livingston Area Career Center, Pontiac
- District #429, Pontiac
- Woodland CUSD #5, Streator
The photos below are just a few of the projects created by recipients of the Educational Enhancement Stimulus Grant.
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LACC Technology students
assembled and programed a
remote control robot.
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Woodland CUSD #5 students measure the temperature of a self made greenhouse.
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Pontiac District #429 students graphed local weather data.
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Click here
to read the Pontiac Daily Leader article
"Woodland Getting Ahead of the Game".
"S.T.E.M. Comes to Life in Woodland Classrooms".
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Community Enhancement and Economic
Stimulus Grant
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The Community Enhancement and Economic Stimulus Grant was established to make long-term investments through grants to not-for-profit organizations exclusively from GLCEDC funds which provide business and economic development opportunities in the Greater Livingston County area. The following businesses have received a Community Enhancement and Economic Stimulus Grant:
- District #429, Pontiac
- Futures Unlimited, Pontiac
- Livingston Area Career Center, Pontiac
- Livingston County Commission on Children & Youth, Pontiac
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The GLCEDC and recipients of our grants recognize and greatly appreciate the sustained, generous support of Livingston County.
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