-
Feb 07
SBA Announces Funding Opportunity through the State Trade Expansion Program2020
Grant provides opportunities for small businesses to take their businesses global WASHINGTON – The U.S. Small Business Administration announces the opening of the submission period for a funding opportunity through the State Trade Expansion Program. The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in, and capable of providing assistance, guidance and tools to qualified small businesses looking to engage in export-related
Feb 03EAC's Business Review Newsletter for February 2020
EAC's Business Review Newsletter for February 2020
Jan 31What's in Store for the Local Economy in 2020?
The U.S. economy is in its 126th month of expansion that dates to July 2009, and Elgin businesses have been riding the wave. The question everyone has been asking themselves is how long can the longest expansion in U.S. history continue? Will the economy contract, continue expanding, fall or flatten is anyone’s guess? Here are a few quotes from Elgin’s business leaders on what 2020 has in store: “Ziegler’s Ace customers continue to invest in new Weber and Traeger grills, Ego mowers and snowblowers,
Jan 13Middleby Acquires RAM Fry Dispensers
Middleby Acquires RAM Fry Dispensers Elgin Ill. (January 13, 2020) – The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of RAM Fry Dispensers, a business unit of Automated Equipment LLC based in Red Wing, Minn. RAM is an industry leader in automated frozen fry dispensing equipment. “The addition of RAM enhances our restaurant automation portfolio. In the current market, operators are in need of solutions to address labor costs and availability. As an innovation leader, the RAM
Jan 06New Downloadable Assistant Helps Small Businesses WIthhold the Right Amount of Income Tax
New Downloadable Assistant Helps Small Businesses WIthhold the Right Amount of Income Tax The Internal Revenue Service has launched a new online assistant designed to help employers, especially small businesses, easily determine the right amount of federal income tax to withhold from their workers' pay. Known as the Income Tax Withholding Assistant for Employers, this new spreadsheet-based tool is designed to help employers easily transition to the redesigned withholding system (no longer based on
Jan 01Welcome New Chamber Members!
Welcome to these new Chamber members in January! Culver's of Elgin Ross Thomas 1175 N. McLean Boulevard Elgin IL 60123 OPENING SOON!!www.culvers.com Food & Beverages/Restaurants H.B. Fuller Lesandro Gonzalez 1575 Executive Drive Elgin IL 60123 (847) 841-7002www.hbfuller.com Industrial/Adhesive – Manufacturer Innerspire, Inc Nate Lindquist 164 Division Street, Suite 406 Elgin IL 60120 (904) 385-9017www.TheMinimalistCEO.com Business Services/Consulting Rosenfeld Injury Lawyers,
Dec 10Illinois Department of Financial and Professional Regulation Announces Creation of Office of Innovation
Illinois Department of Financial and Professional Regulation Announces Creation of Office of Innovation CHICAGO – The Illinois Department of Financial and Professional Regulation has created a new program designed to encourage innovation in financial product development in both the banking and fintech sectors. The Office of Innovation is tasked with monitoring and responding to emerging marketplace trends and to help make Illinois an ideal destination for innovation. The Office will serve as a point of
Dec 01December 2019 issue of the Business Connection newsletter
This is the monthly newsletter of the Elgin Area Chamber for December, 2019
Nov 15Equity Cure Provisions in Commercial Loan Agreements
Banking and Business Monthly – November 2019 By Steven A. Migala EQUITY CURE PROVISIONS IN COMMERCIAL LOAN AGREEMENTS Introduction Commercial loan agreements frequently contain various financial covenants requiring the borrower to achieve certain performance metrics, such as a leverage ratio or debt service coverage ratio. Since these covenants are based on past financial performance, breaches of financial covenants cannot be cured absent a cure provision. The use of an equity cure provision is one way
Oct 28New Law Prohibits Employers from Asking for Wage History
New Law Prohibits Employers from Asking for Wage History Pursuant to Public Act 101-0177 the Illinois Equal Pay Act now bans employers and employment agencies from asking about applicants’ past wage and compensation histories. This law took effect on September 29, 2019. Employers can be penalized for asking the applicant or the applicant’s current or former employers for wage or salary history. If they have not yet done so, employers should review their employment applications to make sure they do not ask
Oct 01EAC's Business Review Newsletter for October 2019
This is the October issue of the monthly newsletter.
Jul 02Welcome to our new Elgin Area Chamber members!
Welcome to our new Chamber members in July! Calpine Energy Solutions Kyle Warford 1901 Esplande Drive, Suite 660 Downers Grove IL 60515 (630) 797-0736 www.calpinesolutions.com Utilities & Service Providers/Electric Service El Taco Alegre Mexican Grill Cristina Leon 154 E Chicago Street Elgin IL 60120 (224) 434-7431 www.facebook.com/El-Taco-Alegre-Mexican-Grill-357267711666276 Food & Beverages/Restaurants HFRI, LLC Carly Guerra 2500 Westfield Drive, Suite 2-300 Elgin IL 60124 (847)
Jul 02Thank you to these members who are celebrating their anniversary with the Elgin Area Chamber:
Thanks you to these members for renewing their investments and congratulations on your anniversary! Celebrating 60-69 YearsBazos, Freeman, Schuster & Pope, LLCEasterseals DuPage & Fox ValleyHoffer Plastics Corporation Celebrating 40 - 49 yearsHuck Bouma PC Celebrating 30 - 39 yearsAssociation for Individual DevelopmentDundee Animal Hospital of ElginFox Valley Fire & Safety Co.Girl Scouts of Northern IllinoisSingles Roofing & Construction Co.Tom's Auto ClinicVNA Health Care Celebrating 20 - 29 yearsAmerican
Jul 01EAC's Business Review Newsletter for July 2019
This is the monthly newsletter of the Elgin Area Chamber for July, 2019
May 01EAC's Business Review Newsletter for May 2019
Here is the May monthly newsletter from the Elgin Area Chamber.
May 01Happy Anniversary to our Elgin Area Chamber members
Thank you to these Elgin Area Chamber members who are celebrating an anniversary with our organization: Celebrating 60 - 69 YearsCity of ElginElgin AcademyGolden Corridor Family YMCALaird Funeral HomeLundstrom Insurance Agency, Inc Celebrating 30 - 39 YearsBurnidge Properties, Ltd.Daily Herald Media GroupSenior Services AssociatesShales McNutt ConstructionThe Learning Tree Child Care CenterThe Literacy Connection Celebrating 20 - 29 YearsAmerican NTN Bearing Manufacturing Corp.Rotary Club of Elgin
May 01Welcome to our new Elgin Area Chamber members
Welcome to our new Elgin Area Chamber Members in May: Allstate Insurance - Chavez Insurance Group Inc Jose Chavez 48 S McLean Boulevard South Elgin IL 60177 (630) 908-5200 www.agents.allstate.com/jose-chavez-south-elgin-il Financial & Insurance Services/Insurance & Investments B & C Enterprises Inc Erik Bauer 2482 Technology Drive Elgin IL 60124 (847) 930-5859 www.bcentinc.com Business Services/General Contractors Caffé Mariani - Java and Gelato Randy & Lisa Mariani 3145 West, Highway
Apr 01Welcome to our New Members in April
Conor Commercial Real Estate 9500 W Bryn Mawr Suite 200 Rosemont IL 60018 (847) 692-8848 www.conorcommercial.com Real Estate/Real Estate Developers First American Bank 632 Randall Road South Elgin IL 60177 (847) 403-8185 www.firstambank.com Financial & Insurance Services/Banks Fruitful Yield 360 Randall Road South Elgin IL 60177 (847) 888-0100 www.fruitfulyield.com Natural Products/Shopping & E-Commerce FZ Sonick Inc 1730 Todd Farm Drive Elgin IL 60123 (636)
Apr 01Happy Chamber Member Anniversary to our Members!
Thank you to these Chamber members who are celebrating an anniversary with us! Celebrating 60 - 69 Years City of Elgin Elgin Academy Golden Corridor Family YMCA Laird Funeral Home Lundstrom Insurance Agency, Inc Celebrating 30 - 39 Years Burnidge Properties, Ltd. Daily Herald Media Group Senior Services Associates Shales McNutt Construction The Learning Tree Child Care Center The Literacy Connection Celebrating 20 - 29 Years American NTN Bearing Manufacturing Corp. Rotary Club of Elgin
Mar 04Happy Chamber Member Anniversary to our Members!
Thank you to these Chamber members who are celebrating an anniversary with us! Celebrating more than 60 yearsElgin Community CollegeMueller & Co LLP Celebrating 30 - 39 yearsBrittain’s Express Oil & Lube Inc. Celebrating 30 - 39 yearsCelebrating 20 to 29 yearsFASTSIGNSLauderdale Electric, Inc.PR Strategies & CommunicationsSynergy Inc.The Salvation Army Celebrating 10 - 19 yearsBlock AdvisorsComcast BusinessElgin Youth Symphony OrchestraFountain Square on the RiverFox River Horizon Pace Suburban
Feb 01Welcome to our new Elgin Area Chamber members in February!
Welcome to our new Elgin Area Chamber members in February! Alianza Hispana Income Tax - Elgin Elia Rodriguez 606 Dundee Avenue Elgin IL 60120 (630) 974-1450 www.alianzahispanainc.com Financial & Insurance Services/Tax Preparation DexYP Diette Barnett 2200 W Airfield Drive DFW Airport TX 75261 (972) 453-7790 www.dexyp.com Business Services/Marketing Heritage Woods of South Elgin Chakeya Jenkins 700 N McLean Boulevard South Elgin Illinois 60177 (847)
