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Illinois is a state located in the midwest region of the united states known for its rich history of entrepreneurship and innovation from the start of the 20th century illinois has been at the forefront of technological advancements from the worlds first skyscraper to the first successful heart transplant this spirit of innovation continues to drive the startup scene in illinois today the geography of illinois provides a central location in the country making it an ideal hub for business and commerce with a population of over 12 million people the state is home to a diverse and educated workforce major cities such as chicago springfield and peoria are centers of commerce and industry while rural areas offer a wealth of natural resources and agricultural opportunities in terms of the local economy illinois has a median household income of 71 595 with an unemployment rate of 51 as of december 2021 the state has a gross domestic product gdp of over 1 trillion making it one of the largest economies in the country in recent years the startup scene in illinois has been thriving with a growing number of new businesses being founded each year companies such as groupon grubhub and uptake technologies have made illinois their home taking advantage of the states favorable business climate and innovative spirit however some challenges remain including high taxes and the recent pension crisis which has placed a strain on the states finances overall the startup scene in illinois is thriving with a rich history of entrepreneurship a strong economy and a talented workforce the state offers a unique blend of urban and rural opportunities making it an attractive location for businesses of all sizes with a focus on innovation and a commitment to growth the future looks bright for the startup scene in illinois
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