Story excerpt provided by Crain’s Cleveland Business.
Written by Chuck Soder.
JumpStart just announced five new investments that align with its revised mission statement.
The Cleveland, Ohio, nonprofit recently invested $350,000 in five startups via a new fund that focuses on female and minority entrepreneurs, CEO Ray Leach announced at JumpStart’s StartupScaleup conference.
He noted that a Rootstown company called BioMendics — which has developed a gel that heal wounds with the help of liquid crystal technology — received a $250,000 investment from the Focus Fund, which makes investments throughout Ohio.
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Originally published June 28, 2016.