Story excerpt provided by The Plain Dealer.
Written by Teresa Dixon Murray.
KeyBank hopes to help create more than 4,500 jobs in Ohio with a new partnership between its foundation and JumpStart Inc., which invests in startup and young businesses.
KeyBank Foundation today announced a $24 million commitment to JumpStart over four years. The vast majority of the focus will be in Ohio while some will be in upstate New York.
The grant to JumpStart is aimed at stimulating economic growth and workforce development by bolstering new and fledgling small businesses.
Overall, officials estimate the grant will help create 5,350 jobs in Ohio and New York, with about 800 of those in New York, where Key also has a large presence.
Originally published July 31, 2017.