JumpStart, 12 Other NE Ohio Entrepreneurial Organizations Get $28 Million From State Program
The Ohio Third Frontier Commission late last week awarded up to $28.2 million to JumpStart Inc. and 12 others in the Northeast Ohio ESP Network, a group of entrepreneurial support organizations. The awards cover three years and require matching dollars from non-state public, private and philanthropic supporters in order to access the state resources, according
State Awards Up To $28M To 13 Northeast Ohio Startup Support Organizations
JumpStart-Managed Collaborative Now Focuses on Raising Matching Dollars Required to Unlock State Funds On October 27, The Ohio Third Frontier (OTF) Commission awarded up to $28.2 million to JumpStart Inc. and the 12 other members of the Northeast Ohio ESP Network—a collaborative group of entrepreneurial support organizations located throughout the 21 counties of Northeast Ohio. The awards cover three years and
Third Frontier Awards Up To $28.2M To JumpStart-Led Group As Part Of More Than $67M In Commitments Statewide
The Ohio Third Frontier Commission has awarded up to $28.2 million to a coalition led by JumpStart Inc. of Cleveland under a program that helps entrepreneurs develop products and grow their companies. Other Northeast Ohio recipients of Third Frontier money, through separate programs, are Kent State University, Case Western Reserve University, the Cleveland Clinic Foundation,
StreamLink Software Adds $2.6M From JumpStart Inc. And Silicon Valley Bank To $10M Round
Cleveland SaaS Company Secures Combination of Equity Investment and Venture Debt StreamLink Software has added two new firms to its growing list of financial backers, receiving a $500,000 investment from Cleveland-based venture development organization JumpStart Inc., and $2.1 million in venture debt from Silicon Valley Bank in Santa Clara, CA. This $2.6 million raise is
Launch League Hopes Flight Will Secure Akron’s Place On Startup Map
Launch League is hoping to put Akron in the national spotlight as host of a regional startup conference. This December, the nonprofit group will launch Flight, “a conference for those who build, fund and support scalable startups.” Flight has set its sites on great heights, according to Launch League interim director Courtney Gras. Launch League
CoverMyMeds: On the House
The four judges listen to pitches as individual as the people presenting them. One contestant wants to run the Boston Marathon. Another hopes to build a sustainable playground in Clintonville. A third dreams of a knitting cruise to Alaska. Some presentations are funny and low-tech, others gut-wrenchingly personal. The marathon guy? He GoPros a run
New Riverside Fund Gets JumpStart’s Attention
When JumpStart Inc. CEO Ray Leach learned about Riverside Co.’s new non-control, venture debt fund, he immediately connected with Jim Toth. Toth is the fund manager of Riverside Acceleration Capital, a new, nationally focused growth-investment fund for the firm that targets fast-growing enterprise software companies. The fund itself is some new territory for the nearly
JumpStart Invests $250,000 In ExpenseBot
JumpStart Inc. of Cleveland announced it has made a $250,000 investment in a local FinTech startup, ExpenseBot, which produces software that automates and simplifies expense management for businesses. The investment, part of a larger seed round led by Cleveland’s Drummond Road Capital and Techstars Ventures, comes from JumpStart’s Evergreen Fund. Ed Buchholz, CEO of ExpenseBot,
Planting The Seed Of Democratizing Entrepreneurship On The White House Lawn
It’s become commonplace in America to accept the idea that the most promising entrepreneurs are generally young, white, elite males from Silicon Valley. All too often this is the face of ingenuity in our country, dominating magazine covers and TV and movie screens. But the truth is that great entrepreneurs come in all shapes, sizes, genders
JumpStart Announces Investment In ExpenseBot
Growing Company Uses Artificial Intelligence and Helpful Team to Simplify Expense Management for Companies JumpStart Inc. has announced a $250k investment in Cleveland FinTech business ExpenseBot as part of a large seed round led by Cleveland’s Drummond Road Capital and Techstars Ventures. This investment is one of the most recent from the JumpStart Evergreen Fund.
Banyan Technology Names New CEO
Banyan Technology, a freight management software company in Elyria, has named as its CEO a former top executive of promotional products firm Proforma. Banyan announced it has hired Brian Smith as CEO. Lance Healy, co-founder and chief innovation officer at Banyan, said in a news release that Smith brings more than two decades of executive
Milo Biotechnology Announces FDA Orphan Drug Designation For Treatment Of Inclusion Body Myositis
Milo Biotechnology today announced its AAV1-FS344 has been granted Orphan Drug designation from the FDA’s Office of Orphan Products Development for treatment of inclusion body myositis. AAV1-FS344 is a gene therapy-delivered follistatin protein that increases muscle strength and function. The program is currently in a Phase I/II trial at Nationwide Children’s Hospital in adult patients