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PeoriaNEXT Innovation Center, the organization that brought you Firefly Energy, has incubated another start-up company that can’t start up without taxpayer-supplied venture capital. It’s called Intellihot, and fortunately for Peoria taxpayers, it’s getting its combined $1,015,000 in direct lending and commercial loan guarantees from the taxpayers of Galesburg. The Galesburg City Council unanimously approved [...] While I was on hiatus, there was an interesting editorial in the Galesburg Register-Mail suggesting a Galesburg-Peoria commuter train. John Pulliam is their business writer at the Galesburg paper (the equivalent of the Journal Star’s Paul Gordon), and he makes some good points: Ever since Maytag and Butler abandoned the Burg, many people have [...] |
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