Press Releases

Award-Winning Entrepreneurs, Innovators and Community Leaders Join Leadership Team

Nonprofit venture development organization JumpStart Inc. welcomes six new members to its Board of Directors. The appointees, of which four are entrepreneurs, bring experience across a variety of industries within the fields of marketing, management, sales and consulting. These new members also distinguish themselves by their shared belief that entrepreneurship can promote and facilitate regional economic growth.

Braintree Business Development Center is pleased to announce three Tech Sprout grant awards. The awards range from $2,000 to $6,000, and are designed to help Northeast Ohio entrepreneurs develop prototypes or purchase inventory for market entry.

Company’s Unique Cerebral Cooling Collar Improves Patient Outcomes in Emergency Situations
Nonprofit venture development organization JumpStart Inc. has committed $250,000 to Life Core Technologies (www.lifecoretech.com), a Cleveland-based medical device company developing a patented disposable cerebral cooling system.

Prospects for Company with Thermal Dissipation Technology Heat Up: Anyone who has ever held a hardworking smartphone or laptop understands that electronics generate heat. Consumer demand for smaller, lighter, and more powerful devices necessitates higher performing materials to help dissipate the heat these instruments create. Akron, Ohio-based ADAP Nanotech, LLC has developed a highly conductive carbon nanotube (CNT)–based adhesive that is far more effective than current thermal interface material (TIM) or “gap fillers” The structure of the proprietary material was inspired by adhesives found in nature--and specifically by the microscopic hairs that make up the gecko’s sticky footpad.

Northeast Ohio Company Developing Breakthrough Therapy for Muscular Dystrophy: Milo Biotechnology will receive $250,000 from JumpStart Inc., a nonprofit investing intensive business assistance and some capital into early stage Northeast Ohio-based tech companies. A clinical stage startup developing a therapy to increase muscle strength and improve the quality of life of muscular dystrophy patients, Milo is the 61st company in JumpStart’s portfolio.