Check out our 2015 Annual Report, “Go. Grow.” highlighting our achievements in fundraising for life sciences startups, education and job creation.
This annual report details our successes, our community’s growth metrics, other celebrated highlights and our plans for 2016. I wanted to share with you some of the highlights:
- PROPEL companies raised over $45 million in new funding during 2015: a new record
- PROPEL provided grants to 17 startups to attend international conventions and conferences
- Stellar Girl’s program provided afterschool STEM programming for 350 girls in grades 3-8
- Independent evaluators found girls participating in Stellar Girls achieved content gain of 20%
Community involvement and engagement with the iBIO Institute’s programs is critical to our mission. Without the investment, hard work and dedication of our community, the iBIO Institute’s programs would not be able to deliver the high-quality content to the startup and education communities.
Some of the success stories
“PROPEL plays a critical role in solidifying our region’s role as a major center of life sciences innovation and STEM education. This work is essential to the long-term strength of our regional economy and we are delighted to provide continued support because of the generosity of the Searle Funds at…...Funder of PROPEL via Searle Funds of The Chicago Community Trust
“We attended our first AdvaMed conference last year and are thrilled to really participate this year as part of the Innovation Showcase. We would not be in the position we are without the support of PROPEL and iBIO. They have provided opportunities to learn from experts and network with other…...Recipient of PROPEL Grant to Attend AdvaMed
“It is an honor to be selected as the winner from among all of the strong finalists. We have the potential to improve the detection and treatment of skin and other cancers, and PROPEL is helping us realize this goal. PROPEL is and has been a great asset to NovaScan…...Winner of 2016 PROPEL Business Plan Competition
“Through the shared vision of the state, PROPEL, private philanthropy and the private sector, local startups are getting the funding and expertise they need to turn their ideas into successful businesses.” Linda F. Friedman, senior vice president, general counsel and corporate secretary of Astellas US, and former chairperson of the…...PROPEL’s Impact on Startups
Taylor Fusinatto, Bessie Rhodes School of Global Studies “It is heartening to see the iBIO Institute acknowledge the importance of exposing young students to the real-world applications of scientific concepts. By enabling students to receive real-world experience with technology, we will inspire the next generation of innovators.”...Fusinatto