JumpStart, a leading venture development organization providing capital, services and connections to help entrepreneurs grow, announces new accelerators that will enhance its support for technology startups across the state.

New federal funding, tailored programming and an expanded network of subject matter experts build on JumpStart’s current offerings and leverage the organization’s established capabilities. For 20 years, JumpStart has been connecting promising startups to critical resources, including business and product development services, leading industry partners and VC investment networks.

With an enhanced focus on helping early-stage (pre-seed and seed stage) startups prepare for VC investment, JumpStart’s tech startup services deliver tailored support to health tech and software startups through accelerator programs, one-on-one advising and access to the Preferred Partner Program that subsidizes critical business services including product development, clinical/regulatory, legal, finance and marketing.

 

HealthTech Accelerator Fuels Innovative Startups with Targeted Support

JumpStart is launching two new accelerators, servicing software and health tech startups as part of its optimized startup services. The organization is currently accepting applications for the first cohort of the Trailblazer HealthTech Accelerator, a free 3-month intensive program helping healthcare innovators prepare for startup capital and commercialization by providing one-on-one advising, access to experts and up to $125K in non-dilutive funding for critical services.

“Ohio’s proximity to renowned hospital systems and research institutions helps position our state as a hub for healthcare innovation and commercialization,” said Kaleigh Gallagher, VP of Tech Services and Network Management at JumpStart. “We continue to develop new strategies to help early-stage healthcare startups access the expertise, funding, and technical services they need to scale right here in Ohio.”

Explicitly customized for health tech startups, the accelerator provides a deep dive into regulatory, clinical, reimbursement and commercialization strategies to demonstrate commercial value and prepare for VC investment. The accelerator is designed for pre-seed and seed-stage companies in Ohio or willing to relocate.

 

$2M EDA Grant Elevates Programmatic Support Through High-Impact Accelerators and Services

The new services are partially funded through a pivotal $2M grant JumpStart recently received from the US Economic Development Administration (EDA) under the “Build to Scale” program. This funding supports the Scaling Ohio HealthTech Innovation Offerings (Scaling OHIO) program and leverages JumpStart’s 20-year legacy in entrepreneurship to drive healthcare innovation and commercialization throughout the state.

In addition to fueling JumpStart’s new accelerators, the funding will support one-on-one advising and other initiatives. The $2M EDA grant requires a match, leveraging up to $4M in funding and has already been partially matched through partnerships with Case Western Reserve University, UH Ventures and others.

 

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About JumpStart Inc.

JumpStart is a nationally recognized venture development organization providing capital, services and connections to help entrepreneurs grow and corporations innovate. JumpStart’s experienced team of advisors offer personalized business services to help startups overcome challenges and prepare for capital investment. With 1:1 advising, workshops, and accelerator programs, JumpStart has helped thousands of entrepreneurs start and scale. Our mission is to unlock the full potential of entrepreneurship to unlock entire communities.