Area Economic Alliance
Address: 1001 Market Street Suite 205 Mt. Carmel, IL
The Mt. Carmel Area Economic Alliance was founded in 1964 as the Mt. Carmel Area Industrial Development Committee, to grow the local economy. Doing business now as the Mt. Carmel AEA, the group is a 501 (c) (3) not-for-profit organization in Illinois, governed by a board of directors and managed by an executive committee.
The day to day operations are managed by the President and COO, Craig Newman. The main purpose of the AEA is to create retention and expansion opportunities for local and new businesses in Mt. Carmel and Wabash County.
The Mt. Carmel AEA offers services including existing business retention and expansion, entrepreneurship, industrial recruitment, education, and quality of life. Existing business services include consultation to help businesses deal with new challenges, international trade promotion to help manufacturing companies to enter foreign markets, and consultation to provide new and expanding businesses with access to available state incentives.
The AEA also hosts the successful Creating Entrepreneurial Opportunities (CEO) Program, that provides a year-long entrepreneurship education experience to youth at Mt. Carmel, Grayville, and Edwards County High Schools. They encourage youth to apply through their high school guidance offices in the fall of the year.
Wabash County is fortunate to have this strong organization building success and ensuring future growth in the economy. We encourage those of you seeking professional services offered by the Mt. Carmel AEA to contact their office. Although our community is small we are mighty and “Opportunity is Here!”