Ohio County Considers $5M Investment in Tech Startups
A Cuyahoga County, Ohio, Council committee on Monday approved a $5 million loan to JumpStart Inc. to invest in startup businesses primarily related to health care and information technology. by Courtney Astolfi, cleveland.com / April 20, 2021 Shutterstock
JumpStart Inc. to invest in start-up businesses primarily related to health care and information technology.
The loan, subject to approval by the full Council, would go to the entrepreneurial support and funding organization, which has offices in
Cleveland and
JumpStart NEXT II Fund.
JumpStart will use the fund expected to have at least $30 million to buy ownership in promising, early-stage companies, most of which are expected to be software-related, JumpStart CEO
As the only person in the Boston mayoral race who has previously run for the office, former Walsh Administration Economic Development Chief John Barros announced on March 4 that he intended to make a run for mayor this year.
Barros is described as a community development leader, small business owner, and Boston’s first Chief of Economic Development under Mayor Martin Walsh – a post he recently left to run for mayor full-time. A former community organizer and executive director of the Dudley Street Neighborhood Initiative (DSNI), Barros made the announcement at Restaurante Cesaria, the neighborhood restaurant in Dorchester he has owned and operated for the past two decades.