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Lorain County Community College is Winning the Future for High-Growth Entrepreneurs

Tuesday, February 22, 2011

Northeast Ohio has staked its future on high-growth entrepreneurship.  That’s why today, President Obama is bringing five Cabinet secretaries and his top economic advisors to Cleveland for a White House Winning the Future Forum on Small Business.  In special sessions on high-growth entrepreneurship, access to capital, workforce development, boosting exports, and cleantech innovation, they’ll hear entrepreneurs from across the region address the real challenges and opportunities facing small and growing businesses every day...

...The growth of ABSMaterials did not happen in a vacuum.  Northeast Ohio has spent well over a decade growing the kind of entrepreneurial ecosystem that allows innovative startups to thrive.  Some of the growth capital for ABSMaterials came from JumpStart, a regional economic development network that’s been so successful, it recently announced that it will be scaling the model across the country—a major private-sector commitment to U.S. entrepreneurship in response to the President’s Startup America call to action...

...It’s a quadruple-win:  Donors can see their dollars go to work toward high-impact, high-growth local economic development; innovative startups get seed capital when they need it most; community college students get hands-on experience at an entrepreneurial high-tech company; and the region gets new jobs.  (It bears repeating that the overwhelming majority of net new jobs come from startups.)...


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