Local Government

Peoria Innovation Hub on Google map | Google maps

Peoria Innovation Hub, a tax-exempt nonprofit that receives significant public funding to perform services also offered by the state, was approved to receive a $3,500,000 grant in FY2024, according to passed legislation data extracted from the Illinois General Assembly ’s FY2024 budget (Public Act 103-0006).

This appropriation represents state-level funding authorized by lawmakers, reflecting what was approved in the budget, not necessarily disbursed. The funds cover only State of Illinois support and exclude federal, local, or other public sources.

Founded in 2019, Peoria Innovation Hub states that its mission is: “Connecting people, ideas and resources to launch and grow new businesses in the Greater Peoria communit

See Full Page