Crain’s Chicago Business (March 9) -- Chicago has been getting a lot more venture capital investment in the past few years, and there’s no question the startup scene is getting a lot stronger. Thanks largely to the University of Illinois, Urbana-Champaign is churning out more startups, such as videoconferencing company Personify and Rithmio, which makes motion-recognition software.
Related article: The Hill (Washington, D.C., March 24) -- Sen. Mark Kirk (R-Ill.) has introduced legislation that would force federal agencies to review and fix outdated rules. "New innovations, like those coming out of Illinois and our tech start-ups, risk never seeing market if old regulations and rules aren't cleared out and replaced by the agencies that are supposed to be in place to help businesses thrive," Kirk said in a statement Tuesday.