Riverside Receives No State Grant to Fund Train Station Repair

Last Jan. 30, Riverside officials learned that their grant application for nearly $1 million had been rejected by the Illinois Department of Transportation.


Riverside had asked for funding assistance through the Illinois Transportation Enhancement Program (ITEP), which secures grant funding for transportation-related projects. Village Manager Peter Scalera addresses that train station roof repairs are crucial, which are estimated at least $1 million. The problem is where to get that amount of funding.

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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.






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