GNCDC is bringing you the latest community and 
business updates

From the Chairman of the Board
Valerie O'Donnell

More and more we're hearing about the resurgence of manufacturing in Chicago - it gives me pause and truly inspires us all.  
 
Consider how the Industrial Revolution of the 1700's planted businesses, inventions and sweeping changes in manufacturing. Ultimately - the resulting in our companies evolving here in the Industrial Corridors where we continue to flourish, manufacture and sustain growth supporting millions of families each day.
 
There is a serious lack of employment in some neighborhoods and all this growth of industry can be a catalyst to the employment growth of Chicago. According to the Chicago Tribune David Reifman, commissioner of the Chicago Department of Planning and Development States "We have good competitive advantages but it's sort of at a starting point," referring to city efforts to address the manufacturing segment's new needs.
 
Chicago's edge includes city neighborhoods sprinkling industrial and light manufacturing sites near expressways, airports, and rail lines - these transportation modalities and arteries are essential to getting products to customers. It's a logistics play essential to businesses' pressing need to meet today's real-time delivery demands.
 
There's a plethora of city support to help along this manufacturing revival, from The Neighborhood Opportunity Fund to The Industrial Growth Zone Initiative. However, public policy backing isn't enough. The private sector's involvement is integral and essential to getting the most out of the neighborhood manufacturing environment offerings and opportunities.
 
Established companies of all sizes should to be willing to take a calculated risks investing in the city's exciting and diverse industrial footprint. As important, banks need to step up to the plate with loans that will help get these manufacturing projects up and running. To that point - many small businesses will be able to take advantage of the SBIF funding program offerings that are again appearing - for small business improvements. What a fantastic insurgence of improvement funding now readily available to us.
 
This combination is the perfect platform incorporated into Chicago's high-tech manufacturing world - which has innovated and improved from the steamship and smokestack era to thundering technology and artisan productivity. These days, factories are improving, getting smaller, cleaner and leaner. ISO, EPA and others agencies encourage & enforce these trends. Let's keep manufacturing alive in our great city by supporting local companies and businesses. Chicago's manufacturing legacy must be embraced to keep it alive and sustainable.


 
Flankin Energy

 
Franklin Energy implements business and residential energy efficiency programs for thier utility clients.
With over two decades in the industry, Franklin Energy's end-to-end support teams work as a whole to achieve YOUR goals - delivering expertise every step of the way.
http://www.franklinenergy.com/  

Tuesday, July 25th 2017

Dean S. Santopoalo and Rodney States  
9AM-11AM
  1605 N Keeler Ave.  
    

Let GNCDC assist you in finding those "Good" employees from amongst a vastly  
over-looked workforce. Executive Director Dean S. Santopoalo explains how Positive  
Pathways of Chicago's manufacturing based Industrial Relationship Training works to  
redevelop the relationship and employability skills of veterans and formerly incarcerated adults to secure meaningful and career-based employment. IL Specialist Rodney States will inform members how the State of Illinois is showing appreciation for businesses that are willing to hire these veterans and returning citizens. 
    *    Who Positive Pathways works with and why 
    *    Learn how it's relationship and employability training affects your bottom-line  
    *    Getting the employees you need to level up your business 
    *    Learn the State tax incentives available for hiring veterans and returning citizens 
 
Looking ahead......mark your calendars
  • Northwest Industrial Corridor SBIF Roll-out- Wednesday, August 2nd @ 9:00am
  • Summer Golf Outing - Thursday, September 14th @ 10:00am
  • Fall Luncheon - Thursday, November 30th @ 11:00am
 
Notable Events 

HR Human Capital ROUNDTABLE
Moderator: Katharine Owens/Progressive Industries, Inc.
Tuesday 7/18/17 at 8:00am
4506 W. Fullerton Avenue
    
Calling all HR Generalists, managers and directors.  Human Capital is one of the most important investments any corporation makes.  Come learn from other professionals.  Share experiences and knowledge while supporting one another's challenges and successes.  Review the ever changing regulations and legislation that affect our staff at every level.  Set benchmarks for expectations and deliverables as well as enforcing accountability.  Review and update benefits packages, while mindful of the budget challenges we all face.  And of course, engage in the discussion about attracting and retaining the best talent possible. As an added Bonus we will have three special guests from DPD and JARC. Click on the link to register if you haven't already let us know your coming. 

 


How to Build and Strengthen Your Brand Recognition
Fri, July 14, 9:30am - 11:00am at BACP City Hall, 121 N. LaSalle Street 8th Floor - Room 805  
  Presented by Eleanor Sweet, CEO, Purple Giraffe Consulting In this workshop you will learn how to clarify "Who you are and why?", redefine your uniqueness and differences, work on your "Message", and cover Branding 101 (Tricks and Tools of the Trade). You can register for a workshop by emailing BACPoutreach@cityofchicago.org or by calling 312.744.2086. 

Cybersecurity for Small & Mid-size Businesses
Fri, July 21, 9:30am - 11:00am at BACP City Hall, 121 N. LaSalle Street 8th Floor - Room 805
Presented by the Better Business Bureau (BBB) Business Cybercrime has become a hot topic. American businesses are now considered the hottest targets for Cyber Criminals worldwide who often focus on smaller businesses because they are the most vulnerable and willing to pay a ransom. Ransomware is only one of many cyber threats. Small and mid-size businesses are often most at risk, and have the most to lose. Better Business Bureau teamed with National Cyber Security Alliance and National Institute for Science & Technology, and a team of local Cyber Security experts to help address your questions and to create a scalable program that any size company can use to create an individualized cybersecurity program. You can register for a workshop by emailing BACPoutreach@cityofchicago.org or by calling 312.744.2086.




GNCDC
Lends a Helping Hand  
 
GNCDC joins the National Manufacturing Energy Cooperative ("NMEC")
 
GNCDC has joined the National Manufacturing Energy Cooperative ("NMEC") for the benefit of its members.
The National Manufacturing Energy Cooperative is the largest independent manufacturing and industrial energy cooperative in the U.S. that has helped the largest manufacturing and industrial companies in Illinois alone save over $200 million on their electric and natural gas.
GNCDC members are exclusively able to bypass the minimum $2 million annual energy spend requirement to join.
As a professionally managed energy cooperative, NMEC eliminates the cost layers associated with the retail broker and supplier markets. GNCDC will host a free seminar that further explains the benefits of this program.  
 
 
Don't Forget About SBIF
Northwest Industrial Corridor SBIF Roll-Out
Wednesday, August 2nd, 9am

Freedman Seating 4545 W Augusta Blvd, Chicago, IL 60651
GNCDC, SomerCor and DPD will be helping you get SBIF money 
 
   
  
 




Real Estate on the MOVE

Here's the latest scoop on what's happening in the local Industrial Corridors - real estate is a great economic barometer - keep an eye on it!
 





 

 
4220 W. Armitage Ave, Chicago, IL 60639

About This Property
Price $480,000 Property Sub-type Garden/Low-Rise
No. Units 6 Property Use Type Investment
Building Size 4,800 SF Cap Rate 7%
Price/Unit $80,000 No. Stories 3
Property Type Multifamily APN / Parcel ID 13-34-228-037-0000
Despite updating units and mechanicals, management has kept rents exceptionally low for the long-term tenancy. The opportunity to add value exists without renovation by simply raising rents to market levels. While the apartments are in good rental condition, there is also an opportunity to drastically increase rents with light renovation. 
Recent capital improvements include a complete replacement of the face bricks and front windows, newer furnaces in the upstairs units, a newer hot water boiler that heats the first floor units and copper plumbing in the rear units.
 

Neighborhood Nibbles
The Logan Square Farmers Market
GNCDC wanted a little taste of farm fresh eats in the city and we found some at the Logan Square Farmer's Market. While there are many restaurants in Chicago that boast farm fresh food; sometimes it's good to mix things up and create your own deliciously fresh food. The Logan Square Farmers market offers a wide variety of fruits, veggies, flowers, other artisanal products and live entertainment. This farmers market is open year round.
10AM - 3PM at
2755 N Milwaukee Ave, Chicago, IL 60647 



What ward am I in???
Click on the link to find out what ward your business is in. 
 

                             
 
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Without your support GNCDC would not have grown to be the great organization that it is today. It is through hard work and support from all the GNCDC members that we aspire to grow to greater heights. Please keep in mind that membership dues help GNCDC organize and provide the events and programs that in turn help members grow their businesses. Please pay your membership dues in a timely fashion. You can submit a payment online at your earliest convenience.
GNCDC would kindly like to remind all of our members - that without your support we would not exist. 
 
 


GNCDC IS BRINGING
INFORMATION TO YOU!
 
4506 W Fullerton Ave, Chicago, IL 60639 *  773-637-2416
email - info@gncdc.org   *  www.gncdc.org 
 
Greater Northwest Chicago Development Corporation... is a delegate agency of the City of Chicago Department of Planning  & Development serving the Galewood/Armitage, Pulaski and Northwest Industrial Corridors.  A 501(c)(3) nonprofit, the  agency provides assistance and information about incentives and programs for building improvement and development, business retention and sustainability and workforce resources and training. 


Newsworthy July 2017