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JumpStart Leading the Way on Launch100 Initiative for Minority, Women-owned and Urban Businesses

Thursday, March 25, 2010

Excerpt of story provided by hiVelocity
Written by Gene Monteith


JumpStart will lead the way on a new Ohio program to give minority-owned, women-owned and inner city businesses the technical and financial assistance they need to create jobs.

The Cleveland-based not-for-profit venture development organization today will formally unveil Launch100, a five-year program in collaboration with the Ohio Department of Development and 15 state-funded business assistance organizations. Scheduled attendees at the kickoff include Gov.Ted Strickland and State Rep. Sandra Williams.

Darrin Redus, chief economic inclusion officer for JumpStart and president of JumpStart Inclusion Advisors, says his organization will lead a 12- to 18-month pilot aimed at proving the effectiveness of such a program in advance of a statewide roll-out. He says the program will extend JumpStart's reach beyond its traditional technology-based portfolio...

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