CardioInsight Will Move To Independence, Get Tax Credits
CardioInsight is moving to Independence. And the state wants to make sure it stays there for a while. The medical device company, which was bought by Medtronic for $93 million last year, received a state tax credit that requires it to remain in Independence for at least eight years. The state believes it’s an important
Argentum, OnShift Working To Meet Workforce Needs
The silver tsunami is causing ripple effects for long-term care (LTC) providers. The industry needs to recruit 1.2 million new employees by 2025 while continuing to create attractive working environments and career paths. Argentum and OnShift have announced a three-year corporate partnership to conduct research, compile innovative resources and create best practices to give LTC
JumpStart Thawing The Freeze On Cleveland Tech Investment
Not only is there a big chill in Northeast Ohio’s weather, but there’s also a freeze on tech investments. There have been notable declines in both public and private valuations for technology companies — being felt here and worldwide. According to Dow Jones VentureSource, the median pre-money valuation for tech firms raising venture capital in
You get $500K. But First You Have To Move To Ohio.
Ohio has a message for women- and minority-led startups: Move to the Buckeye State and you have a real shot at getting funding. Leading the charge is Cleveland-based JumpStart, a nonprofit that invests in young tech firms. “Part of our focus is to accelerate opportunity for women and minority entrepreneurs in Ohio,” said JumpStart CEO
CoverMyMeds Leaving Twinsburg For Highland Hills, Plans To Hire 25
CoverMyMeds is leaving Twinsburg for an office in Highland Hills that’s three times larger than its existing space. The larger space at 22901 Millcreek Blvd. will allow the fast-growing health care software company to hire another 25 people in Northeast Ohio over the next three to five months, most of whom will be software engineers.
JumpStart Is Bringing Back Its Original Investment Fund
JumpStart once again has money to invest in high-tech startup companies. With $12.5 million in fresh state funding, the nonprofit is bringing back its original investment fund, which has been out of cash for a few years now. It’s also ready to launch another fund that will target tech startups led by women and minorities
JumpStart May Receive Help From Cuyahoga County In Effort To Fund Young Tech Companies
Cuyahoga County may end up helping JumpStart revive its efforts to fund young tech companies. County Executive Armond Budish plans to ask county council to set aside $4.5 million for JumpStart, a nonprofit that works with local entrepreneurs. The money would come in the form of two loans: $2.5 million would go into the nonprofit
JumpStart Expected To Get $4.5 Million Loan From Cuyahoga County
Cuyahoga County has selected Venture Development Organization JumpStart Inc. as its partner to leverage county investments in innovation and entrepreneurship with a $4.5 million loan. JumpStart responded to a request for proposals in a competitive process aimed at launching county initiatives expected to attract venture capital and accelerate fast-growing businesses in Cuyahoga County. The county
Exclusive: Venture Capital To Make Diversity Pledge
Venture capitalists will pledge concrete measures to bring greater diversity to their predominantly white male profession during a high-profile event at the White House. Tuesday’s announcement from venture capital’s trade group will take place during the White House’s first Demo Day to showcase technologies from the nation’s diverse set of entrepreneurs and kick off a
Is Cleveland The Midwest’s Silicon Valley?
A city on the rise: a place where tech company entrepreneurs are planting and growing their businesses. Now, Forbes Magazine is asking if we could be the “Silicon Valley” of the Midwest. Boxcast, a Cleveland start-up tech company, has been growing here for two years. An example of why Forbes is saying the may be
Could Cleveland Be The ‘Valley’ of the Midwest? America’s New Hub For Entrepreneurs
Ray Leach is CEO of JumpStart, a Cleveland-based organization that wants to see a boom in entrepreneurship in the Midwest. He works with startups on finding them cash, human capital and resources. Leach has big goals for the once industrial and neglected city: he wants 10,000 new jobs in Cleveland in the next 10 years
Startup Scaleup Brings 1,200 Entrepreneurs To Gordon Square
Story excerpt provided by Freshwater Cleveland Written by Karin Connelly Twelve hundred people descended on the Gordon Square Arts District yesterday, Wednesday June 17 for Startup Scaleup, JumpStart’s inaugural event to celebrate and educate entrepreneurs, startups and small business owners. Sponsored by the Burton D. Morgan Foundation and Medical Mutual, the event offered resources, networking