Blog excerpt provided by Rev1 Ventures.
Written by Charles Hill.
Two Rev1 client companies, Kare Intellex and OYE! were each awarded $25,000 in validation investments from the nationally recognized non-profit Jumpstart Inc. The announcement was made at the Startup Scaleup Conference held in Cleveland in June.
In Crain’s Cleveland Business, JumpStart CEO Ray Leach noted that these awards are part of JumpStart’s efforts to broaden its focus to accelerate or advance ambitious and diverse entrepreneurs to transform entire communities.
These firms are two of the 28 percent of Rev1’s client portfolio that are women and/or minority led.
Four of us from Rev1 went to Startup Scaleup to celebrate Kare Intellex and OYE! as they presented their business plans and to learn more about what other regions are doing to accelerate diversity.
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Originally published July 7, 2016.