In a concerted effort to boost local economies, economic development corporations in west-central Illinois are aligning their initiatives with the state's recently unveiled five-year economic growth plan, released on August 12, 2024. This plan includes various incentives such as tax credits and job training programs aimed at improving business conditions across the region. Kristin Jamison, President of the Jacksonville Regional Economic Development Corporation (JREDC), emphasized the positive trajectory of the region's economy in 2023 and the ongoing efforts since 2018 to diversify the local economic landscape. Notably, JREDC has successfully attracted five professionals from larger metropolitan areas, enhancing the local talent pool.
Additionally, the Pike County Chamber & Economic Development Corporation is implementing workforce readiness programs targeted at high school students, preparing them for future employment opportunities. An upcoming employer workshop is scheduled for September 23, which aims to connect local businesses with potential employees and foster a collaborative environment for economic growth. Furthermore, plans are underway to introduce fiber optic internet in Pike County, which is expected to enhance connectivity and support local businesses in their operations.
These initiatives reflect a broader commitment to economic development in the region, as local organizations work to create a more favorable business climate and ensure that the community can thrive in alignment with state objectives. The focus on education, workforce development, and infrastructure improvements is seen as vital for sustaining growth and attracting new investments in west-central Illinois. [bdbe576d]