JumpStart is bringing back its original investment fund
Story excerpt provided by Crain’s Cleveland Business.
Written by Chuck Soder.
JumpStart once again has money to invest in high-tech startup companies.
With $12.5 million in fresh state funding, the nonprofit is bringing back its original investment fund, which has been out of cash for a few years now. It’s also ready to launch another fund that will target tech startups led by women and minorities throughout Ohio – as well as those willing to move to the state.
Those funds both will receive $5 million through the Ohio Third Frontier economic development program.
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Originally published December 17, 2015.
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