Excerpt of story provided by Crain's Cleveland Business
Written by Chuck Soder
JumpStart Inc. will receive the biggest grant that the Burton D. Morgan Foundation has ever given to a program that doesn’t involve construction.
The Hudson-based foundation this morning announced it would give the Cleveland business development organization a grant that could reach $3 million if JumpStart finds another $3 million to match it...
...The foundation, which invests in organizations that promote entrepreneurship, has given larger grants to capital projects in the past but has never given more money to a program, Ms. Hoover said. Previously, the largest program grant it had awarded was $1.5 million to support an endowed chair in entrepreneurial studies at Baldwin-Wallace College, she said...
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