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JumpStart Nurtures Seeds With High-Growth Entrepreneurs

Monday, February 21, 2005

Excerpt of story provided by Crain's Cleveland Business
Written by Ann M. Gynn

Canadian Laura Bennett and Australian Alex Krooglik could have started Embrace Pet Insurance anywhere after earning their MBAs from the Wharton School of Business in Philadelphia. They chose Northeast Ohio...

...These start-ups and earlystage companies turned to JumpStart Inc. to help them thrive in Northeast Ohio. A nonprofit organization founded by Case Western Reserve University and NorTech, JumpStart spurs entrepreneurial development in the region by investing in early-stage companies that have solid prospects for high growth (projected revenues of $30 million to $50 million in five to seven years). JumpStart compliments its investment by providing substantial business assistance services to help the companies achieve their potential...

...The economic forest covered by JumpStart includes 15 counties Ashland, Ashtabula, Columbiana, Cuyahoga, Geauga, Holmes, Lake, Lorain, Mahoning, Medina, Portage, Stark, Summit, Trumbull and Wayne...

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