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JumpStart Receives $1 Million Gift from Fairlawn's Fasenmyer Foundation

Tuesday, June 08, 2010

Excerpt of story provided by Plain Dealer
Written by Tom Breckenridge


A nonprofit group fostering growth of promising early-stage Northeast Ohio companies has received a $1 million gift from a Fairlawn foundation.

JumpStart Inc., with headquarters in Cleveland, said it will use the grant from the Richard J. Fasenmyer Foundation for continued investing in startup companies and for its core operations.

"Our annual budget is between $8 million and $10 million, so this is a significant part of that budget," said Cathy Belk, chief marketing officer for JumpStart...

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