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New Research Facility To House Start Up Businesses

The Illinois Institute of Technology unveiled a new research facility that's set to house more than 30 start-up businesses.  IIT Provost Alan Cramb says the "Incubator-south" facility will allow the university to develop strong leaders and entrepreneurs. 

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Governor Pat Quinn was on hand for the unveiling ceremony.  He says the state's long-term economic vitality depends on projects like this one, which provides an environment of innovation and growth.  The state dished out nearly 16-million dollars to support the IIT expansion. 

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