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

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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

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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

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Bullhorn Acquires Able to Deliver an Incredible Talent Experience For the Modern Worker

Bullhorn®, the cloud computing company that helps staffing and recruiting organizations transform their businesses, today announced that it has acquired Able, a longstanding Bullhorn Marketplace partner and the provider of market-leading candidate engagement and onboarding solutions. This acquisition is the latest major investment by Bullhorn in helping staffing agencies around the world to transform their

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Banyan Technology Expands its Senior Leadership Team to Support Record Growth

Banyan Technology, the industry leader in live carrier and API connectivity for transportation management, announced the expansion of its senior leadership team with the following appointment and promotion to support its current accelerated growth trajectory. Alan Minton has joined Banyan as Chief Revenue Officer. Minton will be responsible for leading the sales aspect of revenue

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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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