Story excerpt provided by Columbus Business First.
Written by Carrie Ghose.
The Columbus Idea Foundry has received a seven-figure investment so it can finish renovations to house startups and corporate innovation centers.
Columbus digital marketing pioneer Nancy Kramer and advertising veteran and serial entrepreneur Christopher Celeste made the investment, which they confirmed exceeds the $1.25 million fundraising goal from a campaign announced last year that’s still in the planning stages. The exact amount was not disclosed.
The couple’s investment – a combination of a minority equity stake and a loan – also provides some working capital to bridge the business until it starts taking in rent, the two told me. It’s being made via their startup advisory and investing business, Hatch, or Help At The Critical Hour.
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Originally published August 25, 2015.