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Venture Capital Investment in Northeast Ohio Rebounding from Worst Year in a Decade

Wednesday, August 18, 2010

Excerpt of story provided by Plain Dealer
Written by Tom Breckenridge


Venture investing in startup companies has picked up through the first half of the year, following a dismal 2009.

Venture capitalists and angel investors in the 21-county region have funneled $36 million into 39 deals through June, JumpStart Inc. reported Wednesday.

That's up from $30 million and 24 deals the first half of 2009. For all of last year, venture investments totaled only $99 million in the 21-county region, after averaging a robust $249 million each of the previous four years...

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