Story excerpt provided by Ideastream.
Written by Anne Glausser.
Health care startups in Northeast Ohio raised more venture capital than any other Midwestern city, according to new figures from the first half of this year.
Cleveland-based BioEnterprise has been tracking investment dollars in the Midwest for over a decade, and this year the Northeast Ohio region leads the pack, attracting more than $100 million so far. Minneapolis came in a close second with over $99 million.
Over the last three or four years, we have consistently seen over 200 million dollars come into Northeast Ohio over a 12 month period, so the fact that we’re already a little over half way there, I take as a great sign,” said Bioenterprise President and CEO Aram Nerpouni.
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Originally published August 14, 2015.