Kimalon Dixon Joins JumpStart as Organization’s New Chief of Staff

JumpStart Inc. has hired Kimalon Dixon to fill its newly created Chief of Staff role. Dixon will be responsible for the strategic alignment of operations, programming and external partnerships to increase the organization’s ability to power initiatives driving economic development, entrepreneurship and innovation ecosystem building across Northern Ohio. Dixon recently served as the Senior Project

Read Story

Axuall names senior VP of commercial growth

Axuall Inc., an IT/software company in Cleveland that provides workforce intelligence and digital credentialing in the healthcare industry, has added a senior vice president of commercial growth. The company on Tuesday, Nov. 1, announced it has named veteran healthcare technology executive Mike Bechtel to the role. Bechtel’s background is in patient and member engagement, data

Read Story

Drive My Way™ Closes $4.4 Million Series A Financing Round

Investment will enable Drive My Way to accelerate the growth of its driver-centric platform to meet rapidly increasing market demand and support customer growth. Drive My Way™, a Software-as-a-Service provider with a next-generation personalized recruiting marketplace focused on the trucking industry, today announced it has closed a $4.4 million Series A financing round led by First

Read Story

JumpStart and the Cleveland Browns Announce Partnership to Support Cleveland-Area Small Business Owners

JumpStart and the Cleveland Browns are partnering to co-host four events focused on accelerating the growth of Cleveland-area Black and Hispanic/Latino-entrepreneurs. The events, powered by JumpStart in partnership with the Cleveland Browns, will be held at FirstEnergy Stadium; registration is free and open the public, as space remains available. Small Business Impact Program Showcase |

Read Story

VIDEO: Verizon And JumpStart Open Union-Miles Learning Center, Providing Free Tech Training And Skill Building To Cleveland Residents

On Friday, July 22, JumpStart and Verizon celebrated the official opening of the Verizon Community Forward Union-Miles Learning Center. Community leaders and residents gathered at the Earle B. Turner Recreation Center for a ribbon-cutting ceremony, center tour and technology demonstrations. Mayor Bibb, community residents, and JumpStart and Verizon leadership participated in the event. The center

Read Story

Online B2B steel marketplace & supply chain platform Felux raises $19M Series A to digitize outdated industrial commerce

Felux, the fastest growing online B2B marketplace and supply chain platform for steel and other metals, today announced it has raised a $19 million Series A to digitize commerce for the industrial supply chain. The round was led by EquipmentShare and joined by Signia Venture Partners, Suffolk Construction, Expa, Lightbank, 8VC, and JumpStart Ventures among

Read Story

Startups and Small Businesses Generated More Than $1.2B in Economic Output and Nearly 11,000 jobs Across Northern Ohio in 2021

Report Shows Economic Impact of Companies Supported by JumpStart and Partner Organizations JumpStart has released its yearly economic impact report, tracking the outcomes of the startups and small businesses assisted by the organization and its partners. The report, prepared by Silverlode Consulting, shows these startups and small businesses generated more than $1.2 billion in economic

Read Story

JumpStart Ventures Introduced to Elevate Regional Venture Capital Activity

Organization Aims to Deploy $70M+ into Early-stage Technology Startups by 2025 JumpStart Inc. is announcing a new division focused on the organization’s venture capital investment activity. JumpStart Ventures provides Pre-seed, Seed, and Series A funding to early-stage technology startups throughout Ohio. JumpStart Ventures has $140M under management across four funds — Evergreen, NEXT, Focus, and

Read Story

orthobrain® Receives $9 Million in Latest Fundraising Round

Investors back the company as it accelerates growth and continues technological advancements to improve orthodontic education and care globally. orthobrain®, an Ohio-based, orthodontic growth system that helps dentists and dental service organizations integrate orthodontics into their practices, today announced that it has completed a $9 million in Series A funding with a group of investors,

Read Story

KeyBank and JumpStart Announce $5M Commitment to Advance Entrepreneurship and Inclusive Economic Growth in Northeast Ohio

With funding from KeyBank Foundation, JumpStart will provide technical services and capital to Cleveland-area Black, Latino/Hispanic and women-owned small business owners and tech entrepreneurs KeyBank and JumpStart will continue to accelerate the growth of local entrepreneurship through a $5 million, 5-year grant, awarded by the KeyBank Foundation. Leveraging established programming developed under a previous four-year

Read Story

Collaboration drives entrepreneurial innovation and growth in Northwest Ohio

Economic transformation is on the horizon in the greater Toledo-area. Fueled by capital, technical services and connections, regional startups and small businesses are contributing to significant economic impact. In fact, JumpStart-supported companies contributed more than 10,000 jobs and $9 billion in economic impact throughout Ohio since the organization’s inception. JumpStart helps entrepreneurs grow, researchers commercialize

Read Story

JumpStart promotes Teleangé Thomas to chief operations and relationships officer

Nonprofit business development organization JumpStart Inc. of Cleveland has promoted Teleangé Thomas to the newly created position of chief operations and relationships officer. In the new post, Thomas will oversee JumpStart’s operational functions including advancement, human resources, marketing and data systems. Additionally, she will continue to cultivate partnerships and lead initiatives across Northern Ohio, advancing

Read Story