A recent report by Forbes magazine ranks Illinois fifth nationwide this year in total startup funding applications. Illinois is neck-and-neck with Texas, with 3.4 percent of the nation’s funding applications and is followed by Washington, Georgia and Colorado.

The report sees a bright future for Illinois startups, with activity “centered on both Chicago and the University of Illinois tech ecosystem” as a sign of significant growth in the future.

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Need funding? 2015 Is A Strong Year For Startups