Story excerpt provided by The Jackson County Times-Journal.
TechGROWTH Ohio was recently awarded the Council of Development Finance Agencies (CDFA) 2015 Ohio Financing Roundtable Excellence Award for Program.
The CDFA award recognized TechGROWTH Ohio’s work in connecting entrepreneurs with assistance and offering valuable tools for growth and sources of funding to early-stage, technologically-innovative companies.
“TechGROWTH is funded by an Ohio Third Frontier grant with support from Ohio University and private capital,” states the award recognition. “TechGROWTH’s impact shows a leverage ratio of over $9 of follow-on resources acquired for client companies for every $1 of state money invested, achieving more than $218 million flowing into the Southeast Ohio region over its first seven years.”
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Originally published September 10, 2015.