Q&A With JumpStart CEO Ray Leach: Cleveland Needs Culture Change

Since 2003, JumpStart has been working to grow an entrepreneurial ecosystem in Northeast Ohio. Its mission is to promote economic transformation by unlocking entrepreneurs’ full potential. Jeff St. Clair sits down with Ray Leach, CEO of JumpStart, to discuss entrepreneurism in Northeast Ohio. Jeff St. Clair: What does Jumpstart do? Ray Leach: Jumpstart’s mission is

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Local Medical Device Firm Sotera Medical Gets Investment From Plug And Play

Plug and Play, a Silicon Valley-based startup business accelerator with a branch in Cleveland, has invested in a local medical device company called Sotera Medical Corp. Sotera Medical is developing a device designed to protect the esophagus during high-energy catheter ablation procedures used to treat atrial fibrillation, an irregular heatbeat that can cause dangerous complications.

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SPR Therapeutics Awarded $10M From U.S. Department Of Defense

SPR Therapeutics, Inc., a leader in neurostimulation technology for pain management, has been awarded two new grants and one new contract from the U.S. Department of Defense totaling $10M to further develop its percutaneous Peripheral Nerve Stimulation (PNS) therapy, the company announced today. The SPRINT® PNS System offers a non-opioid pain relief therapy that is FDA-cleared

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Canton Officially Launches Downtown Innovation District, Announces Support From JumpStart

Cleveland Venture Development Organization Will Open an Office in the District to Serve Stark County Entrepreneurs and Small Business Owners The City of Canton is taking the final steps toward the launch of its innovation district, designed to attract and facilitate growth of technology-oriented businesses in Stark County. In regular session on October 1, Canton City Council approved legislation that

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Cleveland-Based JumpStart To Help Canton Pull In Tech-Based Startups In New Downtown Innovation District

Cleveland-based JumpStart will help Canton pull in new tech-based startups to its new “innovation district,” the organization announced Tuesday. JumpStart invests money in start-ups, provides them with advice and resources and works in the community to make cities more attractive to technology companies. The nonprofit will open an office in downtown Canton, hire a full-time

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And Then There Were Seven: Chain Reaction Winners Announced In Old Brooklyn

From 107 applicants to the lucky final seven, the second installment of Cleveland Chain Reaction has reached its exciting conclusion. This morning at Cleveland Metroparks Zoo, Fox 8’s Kenny Crumpton announced the seven winning businesses chosen to receive over $700,000 in investment (more than $200,000 over the initial commitment). The announcement also foreshadows the next

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Embrace Pet Insurance Announces Supporting Partnership With RedRover Through A Donation Campaign For Responder And Relief Efforts

Embrace Pet Insurance, a leading pet insurance provider, has donated $5,000 to RedRover, a national nonprofit animal welfare organization based in Sacramento, to assist with animal-related relief efforts. Embrace believes in the power of paying it forward and giving back to the pet community is a company core value. In this spirit, Embrace donates $2 to

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Put The Service Back In SaaS

As developers increasingly turn toward offering Software-as-a-Service, Talmetrix continues to deliver service with its software. Chris Powell’s professional existence is fraught with inherent friction. The career HR executive-turned-talent management software company CEO faces a daily struggle to codify the employee engagement, talent analysis, and retention nuance that’s so deeply entrenched in his brain. Jason Ruebel,

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12 Disruptive Health Tech Startups Selected To join Plug And Play Cleveland Innovation Platform

We’ve written frequently about Plug and Play over the past year. Back in March, the world’s largest startup accelerator Plug and Play accepted 111 Startups into six of its accelerator programs. Yesterday, Plug and Play Cleveland, the global innovation platform matching health tech startups and corporate partners to disrupt the healthcare system and improve patient

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Checkpoint Surgical Completes $8.8M Equity Financing To Fuel Growth And Add Key New Talent

Checkpoint Surgical, Inc., a privately held U.S. based medical device company with proprietary neurostimulation technology for nerve protection and repair, announced today the completion of an $8.8 million preferred series capital raise led by Mutual Capital Partners, a Cleveland based venture fund investing in rapidly growing, post-revenue technology businesses. Existing backers, First Analysis, a growth

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Health Technology Company GenomOncology Expands Its Board

Cleveland health care technology company GenomOncology LLC announced that it has added Jonathan Seaton, former senior vice president for corporate and business development at Illumina Inc. (Nasdaq: ILMN), to its board of directors. The addition of Seaton gives GenomOncology a total of six board members. In a news release, Brad Wertz, the executive chairman of

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JumpStart Commits Cash To Canton’s Innovation District

The Cleveland-based nonprofit JumpStart Inc. has committed funding and assistance to the city’s innovation district. It would be the first time JumpStart, which reports having invested millions in Northeast Ohio startups in the past 15 years, went beyond a “modest partnership” in Stark County, said CEO Ray Leach. “This is the first real significant partnership

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