Industrial Council of Nearwest Chicago (ICNC)
2010 W. Fulton St., Suite 280,Chicago, IL 60612
312-421-3941 Fax: 312-421-1871
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ICNC Overview
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FCC Business Incubator
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Kinzie Corridor
Fulton-Carroll Center
Background
ICNC's mission is "to strengthen companies in the Kinzie Industrial Corridor and to facilitate economic and community development."
Since 1967, when a small group of business owners came together to address crime and inadequate garbage pick-up on the Near West side, ICNC has worked to connect hundreds of company owners and pave the way for a thriving business community in the Kinzie Industrial Corridor. Initiatives which have benefited the local business community include:
- Planned Manufacturing District - created in 1998 to ensure that industry in the Kinzie Corridor is never crowded out by residential development.
- Tax Increment Financing (TIF) - designated in 1998, the fund provides millions of dollars for infrastructure improvements and training to Kinzie Corridor companies and projects which benefit the community.
- Fulton-Carroll Center (FCC) - granted to ICNC in 1980 and to KIDC (partnering 501(c)(3) organization ) in 1984 from the Department of Commerce, ICNC's 410,000 square-foot small business incubator houses over 120 tenants and provides no-cost business development services and resources. In 2006, FCC was recognized internationally with the "Incubator of the Year" award (NBIA).
- Kinzie Industrial Development Corporation or KIDC - formed in 1984 as a nonprofit 501(c)(3) partner to ICNC, KIDC shares ICNC's mission of enhancing economic and community development focused on providing economic development assistance to the larger Near West side community.
Today, ICNC is comprised of over 400 member companies and represents the Kinzie Corridor's rapidly growing business community, comprised of over 2,000 small businesses. Increased funding and a growing membership base have allowed ICNC to continue to expand its services and impact.
No-Cost Programs & Services
Small Business Development
Placement Services
Computer Classes
Govt. Services & Grants Liaison
Business Advocacy
Energy Cost Savings
50% Training Reimbursement
EMT Classes
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Industrial Council of Nearwest Chicago (ICNC)
2010 W. Fulton St., Suite 280,Chicago, IL 60612
312-421-3941 Fax: 312-421-1871
Kinzie Corridor
Fulton-Carroll Center
ICNC OVERVIEW
ICNC's mission is "to strengthen companies in the Kinzie Industrial Corridor and to facilitate economic and community development."
ICNC was formed in 1967 by a small group of company owners who came together to address basic issues on the nearwest side - crime, garbage collection, fly-dumping. We've come a long way since that time! While our issues have become more complex and our corridor increasingly dense and diverse - our mission of strengthening companies remains the same. Select highlights include the following developments:
Planned Manufacturing District (PMD) - created in 1998 as a means of ensuring that businesses/jobs are not pushed out of the area by either residential or retail, both of which are prohibited in the PMD.
Tax Increment Financing (TIF) - designated in 1998 for the purpose of investing local tax money back into the area. TIF provides millions of dollars for infrastructure improvements and training to Kinzie Corridor companies and projects which benefit the community.
Kinzie Industrial Development Corporation (KIDC) - formed in 1984 as a nonprofit 501(c)(3) partner to ICNC, KIDC shares ICNC's mission of enhancing economic and community development focused on providing economic development assistance to the larger Near West side community.
Fulton-Carroll Center (FCC) - granted to ICNC in 1980 and to KIDC (see above) in 1984 from the US Department of Commerce, ICNC's 410,000 square-foot small business incubator houses over 120 tenants and provides no-cost business development services and resources. In 2006, FCC was awarded "Incubator of the Year" by the National Business Incubator Association.
Today, ICNC is comprised of over 400 member companies and represents the Kinzie Corridor's rapidly growing business community, comprised of over 2,000 small businesses. Increased funding and a growing membership base have allowed ICNC to continue to expand its services and impact.
Brief History of ICNC
A group of business owners came together in 1967 to address the deteriorating
economic and social conditions on the Near West Side, namely crime and garbage pick-up. ICNC was created out of this need to join together and protect the interests of business and continues that work today.
ICNC strengthened its role as an industrial and business advocate in the 1970’s and 1980’s. In 1980, ICNC received a grant to purchase a large industrial building which enabled it to start one of the first business incubators in the country. Soon thereafter, a new 501(c)(3) organization was formed, the Kinzie Industrial Development Corporation (KIDC), in an effort to expand and broaden the group’s economic development mission (KIDC operates under the same board, management and staff structure as ICNC).
In the 1990’s, ICNC supported various initiatives intended to encourage long-term business investment in the area including the following designations:
1) Chicago Industrial Corridor
2) Planned Manufacturing District (PMD)
3) Tax Increment Financing District (TIF).
Through increased funding and support, ICNC has been able to expand its services to companies. In addition to advocacy and education, we offer job placement, training subsidies, small business assistance and much more. With the increase in development and land values in the area, it is now more important than ever that we join together to ensure that the interests of business are protected.
Our Appreciation to our ICNC Board Chairs
Jim Ranoha
Ri-Del Manufacturing, Inc. 2008 - Present
John Hall
Goose Island Beer Company 2006-2008
Christy Webber
Christy Webber Landscapes 2001-2006
Tom Donlon
Standard Equipment 1998-2001
Wayne Wellman
Chicago Gear/D.O. James 1995-1998
Charles Murray
Mellish and Murray 1993-1995
Mike O'Hare
Production Metal Products Corp. 1992-1993
Ed Hoveke
Hudson Boiler and Tank Co. 1989-1992
Mason Rowell
Guardian Electric 1982-1989
John Stone
Du-all Finishing 1980-1982
Walter Kelly
Kelly Systems 1978-1980
Bill Hanan
Sullivan Chemical Company 1971-1978
Ben Beall
Limberg Engineering 1967-1971
No-Cost Programs & Services
