Controlling Board OKs $3M for Valley Growth Ventures

Story excerpt provided by The Business Journal.

With the Ohio Controlling Board releasing $3 million Monday, Valley Growth Ventures LLC could begin providing grants for technology-based startups by late summer.

In April, the Ohio Third Frontier Program’s Pre-Seed/Seed Plus fund Capitalization Program approved the $3 million for Valley Growth Ventures, a partnership of the Youngstown Business Incubator, the Tech Belt Energy Innovation Center, the Mahoning Valley Economic Development Corp. and Youngstown State University.

The venture capital fund will provide money for technology startups.

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Originally published June 7, 2016.

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