The mission of iBIO Institute’s PROPEL Center is to increase the number and success rates of life sciences start-ups in Illinois.
In 2016, PROPEL portfolio companies supported more than 1,280 jobs (both directly and indirectly), while raising a record-setting $80 million in new funding for the year. Since joining PROPEL, our active companies have raised more than $265 million.
Check out our 2015 Annual Report, "Go. Grow." highlighting our achievements in fundraising for life sciences startups, education and job creation. The 26-page 2015 Annual Report is available for download at: http://www.ibiobq.org/wp-content/uploads/2016/03/2015iBIOInstReport.pdf.