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VC Funds Still Flowing to Startups

Monday, November 08, 2010
Crain's Cleveland Business

Helped by that financing through recession, young companies blossoming at right time

Excerpt of story provided by Crain's Cleveland Business
Written by Chuck Soder


Northeast Ohio startups say it's still tough to find venture capital. Somehow, though, they're starting to find it...

...Now many of those startups are maturing just as the economy starts to improve, which helped boost the region's investment numbers, said Cathy Belk, JumpStart's chief marketing officer.

Nationwide, venture capital investing has fluctuated throughout 2010, according to statistics from the MoneyTree Report, compiled by PricewaterhouseCoopers and the National Venture Capital Association...

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