Peoria NEXT celebrates 15 years

Published: Aug. 3, 2022 at 9:00 PM CDT
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PEORIA (Heart of Illinois ABC) - Over the past 15 years around 52 companies have called Peoria NEXT home.

Peoria NEXT said they were launch pad for new businesses and they hoped to collaborate and help more businesses get off the ground over the next 15 years.

The building is on Main St, near Bradley University and is a hub for all innovative things.

They offer office space and the only leasable wet-lab space within a 90-mile radius.

“We have some that are doing solar development. We have others that are doing bioanalysis, some that are doing fermentation to identify rare sugars,” Director of Peoria NEXT innovation center Michael Stubbs said.

Companies partnering with Peoria NEXT have collectively raised more than $415 million in equity and grant funding.

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