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Veloxity Labs is a new biotech startup founded right here in Peoria.
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A group of Peoria-area community and business leaders hope to develop the city into a major biomanufacturing center in the next several years. Among them is Jake Becraft, a Metamora High School graduate who is co-founder and CEO of a Massachusetts-based biomanufacturing start-up.
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Two Illinois lawmakers have proposed a plan to offer tax credits to biotechnology businesses in hopes of boosting agricultural jobs in central Illinois.…