Story excerpt provided by Crain’s Cleveland Business.
The Cleveland Health-Tech Corridor said it has teamed up with JumpStart Inc. to launch a $2 million investment and attraction fund to provide financial capital for businesses willing to move to the corridor district that links downtown and University Circle.
The HTC Fund has investments from the city of Cleveland, the Cleveland Foundation, Ohio Third Frontier and several private investors, according to a news release from the Health-Tech Corridor. It’s available “to entrepreneurs seeking capital to get their businesses off the ground and restricted to businesses currently outside of the HTC who are willing to relocate their business within its boundaries,” according to the release.
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Originally published June 21, 2016.