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Panel of Entrepreneurs
Geneva History Center (113 S. Third Street)
Tuesday, January 20, 2009 (4-6 pm)

 
 
 
 

New group formed to protect, promote business in Tri-Cities

Kane County Chronicle
By Bethany Krajelis - bkrajelis@kcchronicle.com January 17, 2008

GENEVA – Ernie Mahaffey may have retired seven years ago, but he’s spent the past two working to form a group aimed at encouraging business development in the Tri-Cities.

The retired international trader from Geneva is one of nine area residents who recently founded The Center for Business Education, Innovation and Development. The center's mission of providing education through community events began in October and will continue Tuesday with a panel of entrepreneurs at Geneva's History Center.

“We want to build a network of people that can help come up with some innovative ideas to really promote small business growth,” Mahaffey said. “It’s all about education and if we can identify the assets available in our community, not only will it be stable but it will grow.”

With a downturn in the economy and an increase in global competition, Mahaffey said it’s important for communities like Geneva, Batavia and St. Charles to be educated on the issues.

“In this globalized world, so much is being outsourced,” Mahaffey said. “The industry is not as anchored to the area as it has been in the past. Factories used to be built where the owner lived ... These days, the factories go overseas.”

That idea was the topic of the group's first event in October, when author Richard Longworth discussed his book, "Caught in the Middle: America’s Heartland in the Age of Globalism.”

Mahaffey said Longworth’s presentation provided background for future events, including a special panel of entrepreneurs that will take place from 4 to 6 p.m. Tuesday at the Geneva History Center.

Harriet Parker, manager of the Illinois Small Business Development Center at Wabonsee Community College, organized the panel and will be the event’s emcee, Mahaffey said, noting that Parker's more than two decades of experience in managing successful start-up businesses.

The panel will include representatives of various small businesses, including a kick boxing studio in Yorkville, wool producers from Big Rock, office equipment sales in Downers Grove and a home furnishing and design showroom from here in Geneva.

And although Mahaffey said the Tri-Cities have managed to handle global competition relatively well, he wants this new organization to take a proactive role. The group plans on hosting more public events.

If you go ...

What: Panel of Entrepreneurs, hosted by new business organization

When: 4 to 6 p.m. Tuesday, Jan. 20

Where: Geneva History Center, 113 S. Third St., Geneva

For more information on the panel or The Center for Business Education, Innovation and Development, contact Ernie Mahaffey at 630-406-5321 or ernie@emahaffey.net

 

 
   
 
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