One Voice 2010

One Voice, under the leadership of the EDC, is a pro-community campaign that has brought together leaders from the City of Bloomington, the Town of Normal, McLean County, labor, local educational institutions and local private businesses. These groups have formed the One Voice Task Force. The goal of the campaign is to make McLean County a stronger economic force and a better place to live. Each year, the One Voice Task Force chooses local projects to support in their quests for federal funding. Each spring, the One Voice Task Force travels to Washington, D.C. to meet with our congressional delegation and show them our community stands united ...

New Leadership Board

The New Leadership Board (NLB) is an advisory group of people ages 17-39 who work with the EDC leadership to establish an additional set of priorities for the economic future of the Bloomington-Normal area. The goal is to create a generational dialogue and provide ongoing input to our business, economic and political leadership regarding these emerging generations' concerns, bringing a voice to this untapped resource. The NLB recently finished the development of a final whitepaper based on four topics of discussion over the past year: The Future of the Workplace, Who's the Boss?, Quality of Life and the Value of Technology. ...

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Community Development Corporation

The Community Development Corporation of Bloomington-Normal (CDC) is a sister organization to the EDC that houses all of the EDC's financing programs for businesses. Businesses of any size in need of financing options for growth can participate in one of the CDC's four main financing programs. The CDC has three financing programs: Microloans that range from $1,000 to $8,000 Revolving Loan Fund I, which ranges from $50,000 to $250,000 Angel Capital, which can reach upwards of $3 million Participation in any of these loan programs is contingent upon each project's potential for success. CDC financing is not a replacement for traditional borrowing. The EDC recommends that in every ...