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December 2019 Edition

CONECT has been renamed as the Village “Economic Development Committee"

On November 7th, the Hanover Park Village Board passed an ordinance renaming the Hanover Park Business Committee on Networking, Education and Community Teamwork (CONECT) to the Hanover Park Economic Development Committee as well as amending the committee size and purpose. 

The new eleven regular member committee allows for three appointed auxiliary members whose purpose is to create an environment to attract and retain quality commercial and industrial business to the village in order to encourage economic development, increase local sales and real estate revenues, create new employment opportunities, diversify the local economy, enhance the community's image, all of which will benefit village residents.

Committee members serve as ambassadors to businesses and liaisons to the Village to support and provide feedback to the Village Board on the impact of economic development activities and regulations on businesses.

Questions? Interested in joining the Committee?  Contact Community & Economic Development Director Shubhra Govind at 630-823-5780 or sgovind@hpil.org.

Be Your BEST – Business Education Series on Technology offers free business training

The Village’s Economic Development Committee works with local businesses to provide feedback on business needs, helps businesses to connect and network, and creates business education opportunities.  

Is Your Business easy to find on-line? Google has launched a series of educational resources to help businesses optimize their on-line presence and grow their business.  On November 12, 2019, the EDC partnered with the Northwest Hispanic Chamber of Commerce and the Bartlett Area Chamber of Commerce to present first Business Education Series on Technology (BEST) session to help local business owners improve their on-line presence.  Attendees were able to list their business on-line with Google.  The session was taped and can be watched online here.  Contact the Community Development Department at (630) 823-5780 if you’d like a copy of the presentation.  A second session will be held in January. 

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Get Your Nomination in Today

Don’t be shy, we want you to brag. The SBA is accepting nominations for its 2020 National Small Business Week Awards, including the annual Small Business Person of the Year. Tell us your story for a chance to receive one of the nation’s highest honors for small business achievement.

Submit your nomination

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Protect Your Small Business from Cybercrime

Did you know that 43 percent of cybercrime around the world is targeted at small businesses? The Cybersecurity and Infrastructure Security Agency has created Cyber Essentials, a guide which includes cybersecurity best practices for small businesses.   

Learn more

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Employers: Take advantage of expanded Work Opportunity Tax Credit

The IRS urges employers to take advantage of a valuable tax credit designed to help those who hire long-term unemployment recipients and workers who face significant barriers to employment. The Work Opportunity Tax Credit  is available to employers for hiring individuals from certain targeted groups who have faced barriers to employment.

The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain targeted groups who have consistently faced significant barriers to employment.

WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers.
The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) retroactively allows eligible employers to claim the Work Opportunity Tax Credit (WOTC) for all targeted group employee categories that were in effect prior to the enactment of the PATH Act, if the individual began or begins work for the employer after December 31, 2014 and before January 1, 2020. For tax-exempt employers, the PATH Act retroactively allows them to claim the WOTC for qualified veterans who begin work for the employer after December 31, 2014 and before January 1, 2020. The PATH Act also added a new targeted group category to include qualified long-term unemployment recipients.

Pace Invest in a Green Future Flyer

Invest in a Green Future:  How C-Pace Funding Can Work for You

Learn how the newly approved C-PACE (Commercial Property Assessed Clean Energy) program can work with you at a free informative seminar.  Learn what C-PACE funding is and who can apply, program qualifications, and eligible projects.

When:  Thursday, January 9, 2020
Where: IBEW Local 701 Hall
                28600 Bella Vista Parkway
                Warrenville, IL 60555
Time:     7 am – 9 am
To Register:  https://tinyurl.com/PFDP-C-PACE.  Register by 12/20/19

Employees in the Workplace Flyer

Understanding Employee Rights in the Workplace

Attorney Ellen Yearwood will clearly address employee legal rights and employer responsibilities in the workplace. 

When:  Monday, December 09 2019
Where: Schaumburg Township District Library
                Central Library, Rasmussen North, (A) Classroom
                130 South Roselle Rd
                Schaumburg, IL 60193
Time:     7:00pm - 8:30pm
Register: Attendees may register online https://www.schaumburglibrary.org/ or contact Information Services at 847-923-3347

La Posada Gala

December 19, 2019, Doors open at 5:30 PM
The Seville Banquet, 700 S. Barrington Rd, Streamwood

Come celebrate with us the victories of 2019 and move into 2020 with a BANG!  Live music, hors d'oeuvre, dinner, dancing and open bar. Registration is REQUIRED - No Walk-ins 

DISCOUNT OFFER!!! Buy 10 ticket bundles at a discounted price.

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Google Tools You Should Be Using

Google Trends – Another free and powerful tool, Google Trends provides data based off of user searches in easy to navigate charts. Use it to compare keywords, check out similar trends and searches, and keep up with what’s happening in your industry. (Bonus tools: Check out Google Correlate and Google Public Data Explorer if you want to dive even further into data and industry research) 

Business Matters in Hanover Park 

The Community and Economic Development Department has initiated this Newsletter called "Business Matters" for our local business community.

The newsletter is electronic only and includes information to help your business stay connected to Village news, upcoming networking events, grant or funding opportunities, and other issues of interest for growth and development. The newsletter is also posted on the Village website.
Is there business news – such as new products, new services, or awards that you would like to share?  Please contact the Community and Economic Development Department at 630.823.5781 and we will be happy to include your information in the newsletter.

Questions? Please Contact the Community & Economic Development Department

Director of Community and Economic Development

Village Planner

If you would like your business news included in a Business Matters newsletter, please contact Village Planner Ellen Weber at (630) 823-5779, or eweber@hpil.org

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