Let’s See If It Plays In Peoria
- Posted by Jeff Carter
- on March 18th, 2013
Marketers used to use Peoria, IL as the place to test market lots of consumer products. It has a really diverse population, and is a medium size city. Unlike the suburbs of Chicago, Peoria has its own ecosystem. It’s self reliant.
Peoria has a world headquarters, Caterpillar ($CAT), and many small businesses as well. Rich, poor, black, white, and it’s also a college town. Bradley is there.
Peoria is now home to one of the newest medical research centers in the US. The JUMP Center is a virtual care delivery setting, replicating all areas of patient care. Actual medical equipment is combined with the latest in simulation equipment to attract the finest minds in clinical education and provide the highest level of medical research, training and innovation.
This is another level of research in the midwest. The midwest is already home to five of the top 15 research hospitals in the US. Hopefully, the Jump Center becomes integral into that research.
There is great potential in medical technology. Many trends are converging to make it possible. Having people focused on goals and solving problems should be a jumpstarter to make cool things happen.
I love investing in startups that do neat things. I also love investing in startups that can save lives and change the world.
UPDATE
Made the drive and it was shorter than I thought. Lots of Illinois finest on I-55 around Coal City. The Jump Simulation center was really cool. They have some extremely innovative things built in and are thinking differently.
Look for good things to come out of there.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Jeffrey Carter is an angel investor and independent trader. He specializes in turning concepts into profits. He co-founded Hyde Park Angels one of the most active angel groups in the United States in April of 2007. He previously served on the Chicago Mercantile Exchange Board of Directors. He has done market commentary for (More...) -
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