Ohio Third Frontier Commission decides entrepreneurship is cool again

Story excerpt provided by The Plain Dealer.

Written by Robert L. Smith.

The Ohio Third Frontier Commission this week approved fully funding the entrepreneurial support network in Northeast Ohio and across the state, marking an abrupt change in attitude from two years ago.

Meeting in Columbus Wednesday, the commission charged with steering Ohio into the smart economy agreed to spend $43.5 million on its Entrepreneurial Signature Program, which supports economic development agencies that fund and mentor startups and entrepreneurs.

About $19 million of those dollars will come to Northeast Ohio to support the network lead by Cleveland-based JumpStart. The Northeast Ohio Entrepreneurial Signature program includes 15 non-profit agencies, ranging from bioscience-focused BioEnterprise to the award-winning Youngstown Business Incubator.

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Originally published November 15, 2014.

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