Peoria, Illinois, has long been recognized for its rich industrial heritage. Today, it is emerging as a vibrant hub for technology and innovation, with a growing ecosystem of startups and established tech firms contributing to the local economy and enhancing the daily lives of its residents.
Peoria NEXT Innovation Center: Nurturing Startups
Since 2007, the Peoria NEXT Innovation Center has served as a business incubator for startups aiming to make a global impact. The center offers private office spaces, large offices, and specialized wet labs—the only such facilities for supporting startups within a 90-mile radius. This collaborative environment allows entrepreneurs to share knowledge and resources, transforming new technologies into thriving enterprises. Notably, the center has supported over 60 tenants, leading to the creation of more than 1,200 jobs and securing over $439.5 million in total funding. Learn more about Peoria NEXT Innovation Center.
Established Tech Firms: Driving Innovation
Beyond startups, Peoria is home to established technology firms that provide a range of services to businesses and residents. For instance, Facet Technologies, founded in 1989, offers comprehensive managed IT services, cybersecurity solutions, and cloud services. Their commitment to securing customer data and providing exceptional service has made them a trusted partner for many local businesses. Discover more about Facet Technologies.
Similarly, PTC Select, with over 100 years in the technology business, provides hardware and software sales, managed IT services, and data security solutions. Their long-standing presence underscores Peoria’s enduring commitment to technological advancement. Explore PTC Select’s offerings.
HealthTech: A Growing Sector
Peoria is also emerging as a HealthTech hub, blending healthcare and technology to advance a data-driven healthcare system. The region is home to startups harnessing artificial intelligence, machine learning, and telemedicine to revolutionize medical services. With 16% of Greater Peoria’s workforce employed in healthcare-related fields—double the national average—the city provides a fertile ground for HealthTech innovation. Read more about Peoria’s HealthTech landscape.
Impact on Daily Life
The growth of Peoria’s tech sector has tangible benefits for residents. Enhanced IT services improve business operations, leading to better customer experiences. Innovations in HealthTech contribute to more efficient and accessible healthcare services. Moreover, the success of local startups and tech firms stimulates economic growth, creating job opportunities and fostering a culture of innovation.
As Peoria continues to invest in its technology ecosystem, the city is poised to become a leading center for innovation, demonstrating how a community can evolve and thrive in the digital age.