Ohio Third Frontier creates fund to invest in woman- and minority-owned startups

Story excerpt provided by Columbus Business First.

Written by Carrie Ghose.

Women and minority founders of technology companies should find more open doors in Ohio: The Ohio Third Frontier Commission on Thursday approved a loan to back half of a $10 million fund focused on investing in historically excluded groups.

The JumpStart Inclusion and Diversity Tech Fund will look for companies throughout the state and try to attract entrepreneurs to Ohio. It’s being managed out of Cleveland by JumpStart Inc., the nonprofit that invests in and advises northeast Ohio startups analogous to Columbus’ Rev1 Ventures.

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Originally published December 18, 2015.

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