The Fund for Our Economic Future, a philanthropic collaboration, has approved $850,000 of grants to advance job creation in Northeast Ohio.

The recipients include:

• Team NEO, with a one-year operating grant of up to $650,000 to support the continued advancement of a shared, regional economic competitiveness strategy and improved business development. The Fund is a co-creator of Team NEO, along with the organized business community and JobsOhio.
• JumpStart, with a one-year grant of up to $150,000 to support the Northeast Ohio Entrepreneurial Signature Program (NEO ESP) Network.

“We’re pleased to offer ongoing support of our grantees Team NEO and JumpStart, both of which advance key job creation strategies of improving business development and promoting entrepreneurship,” said Deborah D. Hoover, president and CEO of Burton D. Morgan Foundation and a Fund representative to the Team NEO board.

“We’re heartened by Team NEO’s progress and by JumpStart’s track record of supporting job growth in our region, and are confident that our Fund can help bridge this growth to more opportunities for all people.”

Read the full story at Cleveland.com.