Although VC funding for startups in the Great Lakes region of the U.S. is down to 183 deals, from 309 last year, Illinois still maintains the highest rate of investment, due in large part to the Chicago metro area. In fact, Chicago has accounted for more completed deals (290), than any of the states that trail Illinois, the closest being Ohio, with 282 deals completed in 2015. And a good portion of these deals could be attributed in no small part to 1871, a local Chicago digital startup incubator that has been a major reason for the increase in startups. Before they opened their doors in 2012, no one was really talking about the Chicago technology scene.

 

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