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Local leaders pushing to make Peoria global hub for biotech


Peoria, IL, USA 104.9 The Wolf
Courtesy: PeoriaBioMade.org
PEORIA, Ill. Local leaders held an informational meeting Tuesday for Peoria Bio-Made, a push to make the city a global hub in the biotech industry.
Jacob Becraft, co-founder and CEO of Strand Therapeutics, said Peoria is in a unique position to become a central location for the booming industry.
“The community support has truly been humbling since we publicly announced this initiative,” said Becraft.
Becraft went on to say any business should be attracted to Peoria because of the strong sense of “oneness” and community that exists.
Becraft said he wants to see more diverse and STEM opportunities in the Peoria area, which would be created by bringing the biotech business to the area. ....

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Mayor Ardis: Peoria Making Progress, Still Faces Challenges


Peoria Area Chamber of Commerce / YouTube
Heading into the final weeks of his tenure, outgoing Peoria Mayor Jim Ardis said Wednesday the city is showing signs of emerging from the COVID-19 pandemic, but challenges remain.
Giving his final State of the City address virtually, Ardis said Peoria had a bright outlook at this time a year ago, with thriving businesses and a budget that allowed the city to put more than $1 million into reserves. Then the global health crisis struck.
“We were facing huge shortfalls in nearly every category, especially hotel restaurant and amusement taxes, property taxes and corporate income taxes. This is how municipalities pay our bills,” said Ardis. ....

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