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.