Seven Local Businesses To Pitch For $10K Top Prize At Impact Program Showcase

JumpStart’s upcoming Small Business Showcase will highlight seven Cleveland-based entrepreneurs pitching for a chance to take home $10,000 to grow their business. The virtual showcase, taking place on Tuesday, Dec. 7, includes participants from JumpStart’s Fall Small Business Impact Program, a 12-week small business accelerator providing industry-specific mentoring and peer learning. Each small business owner

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Meet the Northwest Ohio Small Business Impact Program Fall Cohort

Four Toledo-based entrepreneurs will be participating in JumpStart’s upcoming Small Business Showcase for a chance to take home up to $10,000 to grow their companies. This pitch competition, taking place on Wed. Dec. 8, features participants from the fall cohort of the Impact Program, a 12-week small business accelerator providing industry-specific mentoring and peer learning.

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JumpStart and Verizon Announce Learning Centers to Provide Skill-based STEM Education to Cleveland Residents

The centers, scheduled to open in early 2022, will provide technology access and digital literacy to community members of all ages. JumpStart and Verizon will officially open two digital learning centers in early 2022, providing community members—from youth to adults—with digital skills and entrepreneurship training. The centers, managed by Jumpstart, will be located within existing

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New funding may boost local medical technology startups

Area startup health care businesses could be getting a boost from a recent round of investments by the state’s Third Frontier program. In March, Third Frontier awarded $30.5 million to four Cuyahoga County-based organizations. The money will be available to help fund pre-seed and seed rounds for technology startup companies, particularly in the health care

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Cleveland-based PROJiTECH raises $1.4 million in seed round

Cleveland-based PROJiTECH recently closed its $1.4 million seed round for its road construction productivity app OnStation. Indianapolis-based VisionTech Angels led the round, investing $575,000, a news release said. Other backers include HG Ventures of Indianapolis, JumpStart of Cleveland and Golden Angel Investors of Brookfield, Wisconsin. “Unlike a venture fund which writes one check, angel groups

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Health tech startup Axuall closes $10.4 million Series A financing

Axuall, a Cleveland company that has developed technology enabling health care providers to share authenticated credentials and qualifications in real time, announced Tuesday morning, July 13, that it has closed a $10.4 million Series A funding round. The financing was led by Boston-based Flare Capital Partners, Axuall said in a news release. Co-investors include Intermountain

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JumpStart Launches $50M NEXT II Fund

Cleveland-based JumpStart Inc. has launched its $50 million JumpStart Next II Fund, which targets software applications for businesses, as well as health care and medical tech ventures. According to its SEC filing, the minimum investment accepted in this fund is $100,000. Jumpstart, a venture development organization that combines the principles of private venture capital and

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Neuros Medical receives Breakthrough Device Designation from FDA

Neuros Medical Inc., a neuromodulation-focused medical device company in Willoughby Hills, said it has received Breakthrough Device Designation from the U.S. Food and Drug Administration for the use of its high-frequency nerve block technology for patients with intractable post-amputation pain. The FDA Breakthrough Device Program is important, Neuros said in a news release announcing the

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Third Frontier awards more than $9 million in funding for Northeast Ohio

Northeast Ohio’s JumpStart and three area technology companies received more than $9 million total in funding from Ohio Third Frontier programs, according to an announcement on Tuesday, June 22. The funding was part of more than $25 million approved by The Ohio Third Frontier Commission for six regional Entrepreneurial Services Providers created to help grow

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SPR Therapeutics hits 5,000th implant milestone, plans further growth

After rapid growth through 2020, Cleveland medical device company SPR Therapeutics Inc. plans to continue building on its momentum. SPR Therapeutics developed a neurostimulation platform for pain management, the SPRINT Peripheral Nerve Stimulation (PNS) System. It recently reached a milestone of its 5,000th implant, ahead of schedule as demand for alternative options for pain treatment

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Startup Thrivable raises $1.7 million from investors

Thrivable, a Cleveland-area startup that describes itself as a real-time platform for health care market research, announced it has closed $1.7 million in funding from local, regional and national investors. The company said in a news release on Wednesday, June 9, that investors in the funding round are Allos Ventures, JumpStart Inc., North Coast Ventures

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