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iBIO Institute’s PROPEL® Center Clients Exceed $100 Million Capital Raised


2/18/2014 9:43:49 AM

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CHICAGO--(BUSINESS WIRE)--The PROPEL® Center at the iBIO® Institute today announced that active PROPEL clients—all life sciences startups—have raised more than $100 million since PROPEL was launched in June of 2007. Recognizing the success of PROPEL’s work, the Searle Funds at the Chicago Community Trust has made a 2014 gift of $500,000, increasing its total donations to PROPEL to $1.5 million.

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