Upcoming ICNC Events
Start Your Own Business Workshop  SBDClogo

Learn the essentials of starting your own business, including presentations by noted corporate, trademark and patent attorney Daliah Saper, from Banco Popular SBA  loan expert Catherine Magnuson and  input from ICNC's own Small Business Development Center team. Topics will includes choosing a corporate structure, preparing for a loan and developing a winning business plan. This event is a free but please RSVP to ICNC. Friday, May 9th, 1:30pm.

Kinzie Women-owned Business Luncheon
Kinzie Corridor women business owners will meet and share lunch as well as stories of success and challenge at ICNC.  Learn what resources are available to women owned businesses and enjoy connecting to our growing entrepreneurial community.  Wednesday, May 14, 12-1:30 p.m. at ICNC. $15.
Pat Ryan to Speak at ICNC June Luncheon

Join your fellow ICNC members for an informative and fun luncheon under the big white tent at Galleria Marchetti.  Pat Ryan, Founder of AON Corp and Head of 2016 Olympic Committee will address issues central to the Chicag business.  economy. Wednesday, June 18, 11:30 a.m. - 1:30 p.m. at Galleria Marchetti, 825 W. Erie. $75.

Free Placement & Background Checks

When its time to hire, let ICNC do the work.  ICNC willhiring advertise your position, screen candidates, arrange interviews,  conduct reference and background checks... and more.   Let us help you find your future star employees.  Click here to tell us what you need or call Priscilla at ICNC.   

Nominate your Neighbors for an ICNC award

Each year at its June luncheon ICNC recognizes local companies for success in a number of categories. If your company, or one that you know, has achieved success in sales, growth, or innovation, or if it has been a leader in areas such as sustainablility or employee development, let us know. We want to help you get the publicity you deserve. Contact Joyce or Steve at ICNC and let us know.  

Save up to 40% on Transit Costs
Employees can save up to 40% on transit costs by SBDClogoparticipating in a pre-tax program which allows payment of fares with pre-tax dollars.  Companies also save about 10%.  Visit www.chicago-card.com for more information or call (312) 681-3093.
Lake Street reconstruction underway

The Chicago Department of Transportation has begun reconstructing Lake Street between Damen and Western Avenues. The street will be lowered to provide minimum 14' clearance and new sidewalks, signals, and trees will be installed. Traffic is one-way eastbound until November of this year, with westbound traffic detoured to Washington Street. Depending on continued funding, reconstruction of Lake Street between Damen and Ashland is scheduled to begin in late 2009.

Learn how NOT to misclassify employees/contractors

Unless you are 100% sure of the definitions of Joan Eagle"independent contractor" under IRS and other agency rules, do not presume your hiring someone as an independent contractor, even with a written agreement.  Click here to learn more about the minefield of traps for the unwary on this subject from ICNC member and employment attorney Joan Eagle here.

New Tax Incentives for Small Manufacturers

The Economic Stimulus Act of 2008, contains two provisions that can be of immediate benefit to small
manufacturing companies:
    1. doubling the Section 179 small business expense tax deduction (from $125,000 to $250,000) and
     2. allowing a 50% "bonus" first-year depreciation for capital equipment purchased and placed in service during 2008.
     Make sure your accountants are aware of these benefits. Make better energy choices when you build or expand

Smart Energy Design 
Take advantage of the Smart Energy Design Assistance Center to get free expert advice on energy savings on your new or expanded building projects. From simple questions and answers over the phone to on-site energy audits and design assistance, these professionals from the University of Illinois can you make sure you're saving money and energy at your building.
SBIF Grants for another $2 Million to open soon
Qualifying companies in the Kinzie Industrial Corridor TIF district can apply for matching grants of up to $150,000 for capital improvements including new roofs, electrical upgrades, tuckpointing and parking lot paving and beautification. Come to the kick-off meeting at La Luce Restaurant, 1393 W. Lake St. on Wednesday, April 23rd at 11 a.m. For more information call ICNC and/or click here.
Industrial Council of Nearwest Chicago
2010 W. Fulton Street, Suite 280
Chicago, Illinois  60612
Phone: 312-421-3941
Fax: 312-421-1871