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News

Our funding locations and their portfolio companies are making news across the U.S. and we’ve put it all right here. Read the latest headlines in your region.

SPR Therapeutics awarded $6 million U.S. Department of Defense grant

Northeast Ohio

SPR Therapeutics has secured a $6 million contract from the U.S. Department of Defense for its non-opioid pain management therapy. The four-year contract will help to advance SPR's SPRINT Peripheral Nerve Stimulation (PNS) System for non-opioid relief of acute and chronic pain. The contract complem... Read More

Massillon company makes metal coating that’s stronger than diamonds

Northeast Ohio

Tesla NanoCoatings set up shop in Massillon with confidence in its products and big dreams for success. It hasn’t taken long for that to happen. Tesla, which produces a corrosion-resistant coating for steel and other metals, has only been in business for a few years at its Massillon site — the ... Read More

Sixth-graders get a lesson in brain surgery using virtual reality headsets

Northeast Ohio

For the sixth-grade class at Davis Magnet School in Costa Mesa, the science lesson for the day means keeping textbooks and notebooks on the shelves while the students pull out virtual reality viewers by Google Cardboard and their smartphones preloaded with 3D videos found on YouTube. As they peer th... Read More

Fitness app, nutrition supplement win top GreenLight pitch competition prizes

Southeast Michigan

  A fitness app for swimmers and a wastewater treatment solution were among the winners of a total of $100,000 awarded at The Greenlight Business Model Competition on Wednesday. This year 22 young companies with big ideas competed at Michigan State University's Wharton Center for Performing Arts in... Read More

Innovation Fund awards $175,000 to 4 Northeast Ohio tech startups

Northeast Ohio

Aatru Medical Corp. claimed the top prize of $100,000 from the Innovation Fund. It was one of four Northeast Ohio startups that got funding to help take their products to the next level. Aatru is developing a wound dressing product that leverages technology by designing the industry's first and only... Read More

Innovation Fund Awards $175,000 to Four Northeast Ohio Tech Startups

Northeast Ohio

Region’s most active pre-seed fund has helped startups create nearly 1,000 jobs since 2007 Four local startups will receive a combined $175,000 from Innovation Fund Northeast Ohio, the region’s most active pre-seed fund for technology startups. The companies will use awards between $25,000 and $... Read More

Local company leading the way in cell research

Northeast Ohio

Cleveland 19 News Cleveland, OH The simplest explanation of the research being done at Cleveland based Trailhead Biosystems is that they are working to find a way to control the cells in our bodies to see if they can find a way to cure disease. But there is nothing simple about this dynamic research... Read More

New Feature Makes Re-Applying Easier

A new feature is making it easier for entrepreneurs to re-apply to the Innovation Fund. Now you can copy an old application into the current funding cycle, giving you a head start completing the form. We added this feature because we know that many entrepreneurs apply to the Innovation Fund a few ... Read More

GLIDE at LCCC helps entrepreneurs start businesses

Northeast Ohio

 Dr. Simon Melikian invented a way for robots to see and learn.  Basically taking the biology of the human eye and turning it into technology. "I knew I had something really, really good to sell," he said.  But he had no idea how to turn his creation into a business.  "I know how science works,... Read More

Segmint's use of big data adds up to large growth

Northeast Ohio

Big data is turning into a big business in downtown Akron, where the data-mining firm Segmint just moved into new offices in the city-owned Hamlin Building. The 9-year-old company, which moved Jan. 20-21 from One Cascade Plaza, provides data analytics, primarily to banks, savings and loans, and cred... Read More

Macomb Innovation Fund awards $225,000 to five Detroit-area technology startups

Southeast Michigan

Since 2015, 24 companies awarded total of $1.4 million; Nearly 340 students benefit from unique learning experiences Five early-stage companies from Macomb, Washtenaw and Wayne counties will receive $225,000 in funding from the Innovation Fund Macomb Community College, Powered by JPMorgan Chase &... Read More

Cleveland Whiskey founder raises a glass to the crowdfunding process

Northeast Ohio

Tom Lix, the founder and chairman of Cleveland Whiskey LLC, is part of a Forbes roundtable that looks at how the introduction of so-called "equity crowdfunding" has worked for small businesses. For Cleveland Whiskey, it seems, the changes that went into effect last year via Title III of the JOBS... Read More

Hedgehogs Hold the Secret to Preventing Concussions

Northeast Ohio

If you ever find yourself watching hedgehog go about its day, you’ll notice that they tend to fall out of trees — a lot. Wild hedgehogs climb trees as high as 30 feet, looking for insects and food to eat. Sometimes they fall by accident, other times they fall on purpose to evade a predator or be... Read More

Toledo firm eyeing entry into 3-D printing market

Northeast Ohio

A local company that specializes in developing moldable polymers derived from wood is working toward the launch of a product designed specifically for 3-D printers that could, in part, replace the two most common printing filaments on the market today. Robert Joyce, founder and co-owner of Toledo-ba... Read More

Innovation Fund Commits $200,000 to Local Tech Startups

Northeast Ohio

Four technology startups are using a combined $200,000 to get innovative new products closer to commercialization. The companies won between $25,000 and $100,000 from the Northeast Ohio pre-seed fund and will use the money to make prototypes, test the technologies, and hire employees. The founders a... Read More

What would nature do? Emerging field inspires local students

Northeast Ohio

What would nature do? Answering that question is leading to major developments in technology, household products and even in things that help keep our kids safe. Like the padding of a football helmet, for example.  Researchers think mimicking the shock-absorbing quills of a hedgehog could better pr... Read More

Look inside my brain

Northeast Ohio

Faced with a very dire health issue, Lucas Deines​ found himself on the edge of the medical technology frontier. In his emotional and poignant talk, Lucas shares how Virtual Reality, viewed by many as a source of entertainment, saved his life. ... Read More

How a Favor Helped Launch this Fast Growing Business

Northeast Ohio

It all began at a funeral home on Cleveland’s west side. The funeral director wanted to help families with the grieving process when not all members could travel to attend the service. He asked his tech-savvy friend Gordon Daily to help. Gordon, who was working at Rockwell Automation, had a backg... Read More

Pitching your startup to investors? Be ready to answer 3 questions

Northeast Ohio

Entrepreneurs: when pitching to investors, you need to stay focused on only a few key items. While most likely you will be asked about many different aspects of your business, there are three elements you need to understand and be able to discuss in depth and with clarity. Most entrepreneurs would p... Read More

Northeast Ohio’s Most Active Seed Fund Seeks Akron Entrepreneurs

Northeast Ohio

Innovation Fund Northeast Ohio will host a free event at the Akron Global Business Accelerator to encourage area startups to apply  The Innovation Fund Northeast Ohio, the region’s most active pre-seed fund for technology startups, is heading to Akron to encourage area entrepreneurs to apply for ... Read More

SPLT takes $500,000 top prize at Accelerate Michigan Innovation Competition - Mobility company aims to provide transportation for those in underserved neighborhoods

Southeast Michigan

~~The judges for the Accelerate Michigan Innovation Competition deliberated for more than an hour and a half late Thursday night at Cobo Center in Detroit before naming mobility company SPLT the $500,000 winner. "The candidates were so good and we had such a wide array of awards that trying to decid... Read More

Virtual reality? TEDxManhattanBeach speaker gets a life-saving dose

Northeast Ohio

Virtual reality isn't just for catching Pokémon; it can save your life. In December 2014, Lucas Deines’ life changed dramatically: He learned he had a brain tumor and sought the best medical advice. But, he didn't realize, his doctors would be using medical advancements beyond his imagination.  ... Read More

5 Mistakes Startups Make when Negotiating License Agreements

Northeast Ohio

Negotiating a license agreement is hard, especially when you’re the small, young company in the deal. Here are the top five mistakes startups make when negotiating. Skipping legal guidance. In almost every case the licensor will have a team of lawyers guiding them through the process. You should ... Read More

5 Tech Startups Plan for Growth with Innovation Fund Northeast Ohio Money

Northeast Ohio

Five technology startups in Northeast Ohio will keep growing thanks in part to the Innovation Fund. The companies won between $25,000 and $50,000 from the region’s pre-seed fund and their founders will use the money to test technologies, improve products, and hire employees. The founders met at Lo... Read More

BioMendics lines up $7M, tests wound-healing gel

Northeast Ohio

BioMendics lines up $7M, tests wound-healing gel - Crain's Cleveland Business //--> */ Karen McGuire described it as an “oh my goodness” moment. A few years ago, she received the results of an experiment designed to test whether the gel that she and her colleagues created might actuall... Read More

Micro Fantasy startup seeks a home run

Northeast Ohio

Joel Crites’ big business idea occurred when he took his then-16-year-old son to a Cleveland Indians game two years ago. Koby Crites was bored and wanted to leave early. Desperate, his dad brought in a pinch-hitter, so to speak. “I said, ‘Let’s play a game,’ ” Joel said. “You predict w... Read More

As LeBron James boosts Cleveland's profile, more entrepreneurs are moving in

Northeast Ohio

With a historic NBA Championship win on the shoulders of superstar Akron native LeBron James and a successful run hosting the recent Republican National Convention under its belt, the city of Cleveland has stepped into the spotlight in a major way this past summer. But beyond the hype, there's a tig... Read More

Dreaming of an Acquisition? Here’s How to Prepare

Northeast Ohio

You’ve made it as an entrepreneur. Your startup has positive cash flow, proven growth, and a strong management team. What’s next? No problem, you say. Just sell the company for big bucks. Easier said than done. Here are the things you need to think about before considering acquisition. Decide wh... Read More

What a Brain Surgeon’s VR Tool and Pokemon Go Have in Common

Northeast Ohio

Augmented reality may be grabbing headlines with the rise of the hit game Pokemon Go, but a New York surgeon is examining how this technology could be used to save lives during some of the most complex brain operations. Dr. Joshua Bederson, chairman of neurosurgery at Mount Sinai Health System, spen... Read More

The Most Common Reasons Startups Don’t Receive Funding

Northeast Ohio

Next month Innovation Fund Northeast Ohio will announce the latest group of companies to win funding awards. This money is usually the first market validation that a new business idea has the potential for success. But there are a number of reasons why a good idea might not be awarded funding—at ... Read More

FDA gives nod to first percutaneous peripheral nerve stimulation device

Northeast Ohio

On Wednesday, Boston Scientific announced that it’s acquiring a company that makes radio-frequency ablation devices, underscoring the need to offer medtech alternatives to treating chronic pain, which is overwhelmingly addressed by drugs. Another company that is offering up a device solution t... Read More

The Rules of Startup Financials

Northeast Ohio

Applying for funding when you're a cash strapped entrepreneur can be stressful. Developing the financials for your business can bring on additional stress, but it doesn't have to. As long as you have a well thought out business plan, doing the financials to go with it is just a matter of putting the... Read More

FDA Clears SPR Therapeutics Pain Management Device

Northeast Ohio

Minimally Invasive, Non-Opioid Alternative, Stimulates Peripheral Nerves to Provide Sustained Relief of Chronic and Acute Pain SPR® Therapeutics received clearance from the United States Food and Drug Administration to commercialize the SPRINT™ Peripheral Nerve Stimulation (PNS) System, the comp... Read More

Revenue Conduit gets $250,000 from recapitalized JumpStart fund

Northeast Ohio

JumpStart has chosen the first company that will receive an investment from its recently recapitalized Evergreen Fund: Revenue Conduit. JumpStart has committed $250,000 to the Akron-based e-commerce software company. Revenue Conduit will use the money to speed up the development of its product, whic... Read More

Turning $100,000 into Millions

Northeast Ohio

Every startup that’s raising money needs to start somewhere. For startups in greater Cleveland, that place is the Innovation Fund Northeast Ohio. That’s where Doug Carr brought his company. Doug founded medical device company Thermedx® in 2007 to transform surgical fluid management. During many... Read More

Cleveland Whiskey’s College Connection

Northeast Ohio

Cleveland Whiskey is one of Northeast Ohio’s most successful and well-known startups. The company has raised more than $2 million, perfected a disruptive technology that dramatically accelerates the maturation of distilled spirits, and sold more than 200,000 bottles of its whiskey around the world... Read More

A Cleveland Startup Blazing the Trail in VR Gaming

Northeast Ohio

“VR is not a trend. VR is the sandbox the future will be created in.” That statement is fixed on the website of the Virtual Reality Venture Capital Alliance, a newly launched fund of funds with $10 billion to invest in virtual reality projects. Don Hileman agrees. So much so, he started a busine... Read More

Under the Microscope: Why this Scientist Launched a Startup

Northeast Ohio

Todd Doehring spent years working as a scientist at the Cleveland Clinic and as a professor of Bioengineering at Drexel University. His projects centered on images and micro-testing systems. He wanted to make them work better for doctors and other scientists. Todd researched and taught biomechanics ... Read More

Improve Your Odds of Raising Money

Northeast Ohio

If you’re running a startup, chances are you’ll need to know how to raise capital.  You need to know how to find the right potential funding sources and once those sources are identified, how to increase your odds to get funding from those sources. Develop a networking strategy. Finding grants... Read More

How This Startup Captured 92% of Its Customers from Social Media

Northeast Ohio

Beth Potratz owns an eharmony.com of sorts for truckers. Not for love, but for matching truck drivers with jobs they will love. The human resource expert was working on driver recruitment solutions for a trucking industry client when she spotted a two-way challenge: employers couldn’t find the bes... Read More

Drone startup gets funds for weather-related project

Northeast Ohio

The Lorain County Community College-based Innovation Fund, which awards money to help technology-based startup companies, is lending a hand to a company that plans to get off the ground in coming years. One of the Innovation Fund’s latest award-winners is Amherst-based NEOEx, which received $25,00... Read More

Innovation Fund Commits $150,000 to Three Tech Startups

Northeast Ohio

The Innovation Fund, Northeast Ohio’s most active early-stage fund for technology-based startups, has committed a combined $150,000 to three companies. The fund awards startups up to $100,000 so they can validate their technologies and business concepts and often bridges the financial gap between ... Read More

Startups scoop up Venture for America fellows

Northeast Ohio

Boxcast has already hired five fresh college graduates through the Venture for America program. And CEO Gordon Daily says he may very well hire another from this year’s graduating class. He loves the Venture for America program. Loves it. After all, the national fellowship program has provided his... Read More

Top Ways Startups Can Make their Money Last

Northeast Ohio

If you’re running a startup I’ve got one important bit of advice: you will never have enough funding. You will (and should) always be looking for your next source of funds. Well, maybe never is a bit over the top, but never is a good benchmark during the first five years of any startup. Making y... Read More

Bringing Blood Tests Out of the Lab

Northeast Ohio

To perform most blood tests, a nurse draws a vial of blood from a patient and sends the sample to a lab, where it’s spun in a big machine and analyzed. Then the lab technician sends the patient’s results to the physician who ordered the test. The entire process takes up to two hours, but can be ... Read More

Anyone Can Back a Startup Now. But Good Luck Finding the Next Uber

Northeast Ohio

New crowdfunding rules taking effect Monday will let anyone—not just the wealthy— invest in startups. But don't bet on the "99 percent" finding the next Uber overnight.  The change overrides a longstanding Securities and Exchange Commission requirement that investors backing private compa... Read More

Everykey moves into University Circle office, starts shipping device

Northeast Ohio

Everykey now has a real office — and a real product. The company recently moved into a small office near its birthplace, Case Western Reserve University, and it has slowly begun shipping the Everykey fob: a device designed to automatically unlock the owner's smartphone and computer when it gets c... Read More

Here's $100,000. How Much of Your Company Do I Get?

Northeast Ohio

It's a valid question. Your innovation is going to require money in order to advance from development to commercial launch. Whether your total capital needs are $3 million or $30 million, the needed money can trickle in via smaller increments or in tranches of millions of dollars—depending on how ... Read More

A Cleveland Startup that's Quietly Winning

Northeast Ohio

Some growing startups are flashy, hit social media hard, and make headlines in Inc. or Entrepreneur. Others grow in a quieter, more conservative way. David Levine built Wireless Environment like that. He and his co-founder Mike Recker launched the Cleveland-based maker of wireless lighting in 200... Read More

Why Every Startup Needs a Task and Timeline

Northeast Ohio

An embryo seems to miraculously mature through layers of development. Cellular differentiation, a forming spinal column, organ development, and more, are all necessary for a healthy, vital birth. Just as the developing fetus goes through a myriad of maturation steps, your innovation and your company... Read More

How Virtual Reality Is Going To Play A Key Role In Healthcare

Northeast Ohio

If you were one of the people who dreamed of a future filled with flying cars and virtual reality, well your dreams weren’t too far off from where we are in 2016. While companies like Terrafugia are knee-deep in development of real-life flying cars, virtual reality is just beginning to take off, a... Read More

10 Startups Move to Final Round in Women Who Tech’s Women Startup Challenge

Northeast Ohio

Women Who Tech launched a massive startup challenge to bring much-needed awareness and support to women-led startups across the country. The Women Who Tech’s Women Startup Challenge 2016 has announced the ten finalists in the competition, who will “pitch and showcase their innovative and disrupt... Read More

Become Your Community's Economic Growth Hub

Southeast Michigan

As community colleges plan for their upcoming academic years and beyond, they are forming new partnerships, tapping existing or new advisory committees, and creating funding models for working with industry and other external partners. The roles that community colleges are forging now can make them ... Read More

An App that’s Changing the Way We Watch Sports

Northeast Ohio

This month, the Innovation Fund announced its latest funding round, injecting $250,000 into seven Northeast Ohio startups. This cycle was a first for us—it was our first venture into gaming technology. The GLIDE and Innovation Fund team got to know Joel A. Crites and his company, Micro Fantasy, r... Read More

Elyria startup company develops advanced 3-D printing system

Northeast Ohio

A local startup company working out of the Richard Desich Smart Center that has developed an advanced materials 3-D printing system recently completed ballistic testing with the Army Research Lab for possible use in ceramic body armor technology. HotEnd Works founder Ben Becker, of Wellington, said ... Read More

Two tech startups receive funding

Northeast Ohio

JuggerBot 3D plans to build two 3-D printer prototypes to further the company’s research. Enyx Studios will create a trailer to market its new virtual-reality game. This is what two local startups plan to do with the $25,000 they each received from Innovation Fund Northeast Ohio. “These funds al... Read More

Seven Startups Win $250,000 from Innovation Fund Northeast Ohio

Northeast Ohio

Seven local technology startups have won a combined $250,000 from Innovation Fund Northeast Ohio. One company won the $100,000 award, which is matched dollar for dollar enabling companies to complete $200,000 projects that should further their businesses. And six startups received $25,000 grants to ... Read More

2 YBI Startups Receive $25K Innovation Fund Grants

Northeast Ohio

Two startup portfolio companies at the Youngstown Business Incubator have received $25,000 apiece from The Innovation Fund of Northeast Ohio to help offset costs associated with equipment, development, and project validation, the fund announced today. Enyx Studios, a video game development studio th... Read More

Groupmatics is adding to its impressive collection of pro sports teams as clients

Northeast Ohio

Groupmatics is growing rapidly, though founder Matt Mastrangelo admits a 540% year-over-year revenue jump from 2014 to 2015 is easier to achieve when a company is only a few years removed from its launch. But the Westlake software company, which helps sports teams and entertainment venues manage gr... Read More

Hoag uses virtual reality to take surgery into a new dimension

Northeast Ohio

Marcus Barnes couldn’t have envisioned what he was about to see. One month after successful brain surgery, the Irvine resident sat in an operating room at Hoag Hospital Newport Beach and was handed a pair of virtual reality goggles. “There’s your long-gone nemesis,” said Dr. Christopher Duma... Read More

Cleveland's biotech industry attracted $200 million in 2015, report says

Northeast Ohio

Cleveland's health care industry attracted $201 million in funding from investors in 2015, with medical device makers and pharmaceutical companies leading the city's efforts to stand out as a major player in the biotechnology sector, according to a new report. The report by BioEnterprise, a business... Read More

Case Western graduates develop password storage device

Northeast Ohio

You go to type in a password only to realize you cannot remember it. How often does that happen to you?  A group of Case Western graduates say they took note of this problem and developed a solution. "This is Everykey,” said Everykey Inc. CEO Chris Wentz. “It replaces all my keys and password... Read More

VR in Healthcare – Surgical Theatre comes to Los Angeles

Northeast Ohio

As we have stayed focused on the news and coverage around the launch of the various virtual reality headsets, a quiet revolution has been transpiring around the use case of Virtual Reality in medicine. VR in healthcare is projected to be a big sector as evidenced in the new Goldman Sachs research re... Read More

Innovation Fund awards $350,000 to five startups

Northeast Ohio

The Innovation Fund has awarded a total of $350,000 to five local startup companies, according to a news release from the in Lorain County-based fund. Three of the companies — Yourefolio of Cleveland, Cormetrics of Cleveland and Revenue Conduit of Copley — received $100,000 loans that they’l... Read More

Five Technology Startups Win $350,000 from the Innovation Fund

Northeast Ohio

The Innovation Fund, Northeast Ohio’s early-stage fund for technology startups, has committed $350,000 to five local businesses. Three companies won $100,000 awards, which are matched dollar for dollar and help prove business models, while two received $25,000 grants meant to validate technologies... Read More

Banza Pasta Named One of the Top 25 Inventions of 2015 by TIME Magazine

Southeast Michigan

Detroit, MI. (November 19, 2015) — TIME dubbed Banza the "Power Pasta" and placed it on their annual "25 Best Inventions of 2015" list among a bevy of high-tech gadgets such as the ‘hoverboard’ scooter, drone ports, and Google Cardboard all-access virtual reality. Banza pasta, made from chickp... Read More

The 25 Best Inventions of 2015

Southeast Michigan

Welcome to TIME’s annual round-up of the best inventions making the world better, smarter and—in some cases—a little more fun. Power Pasta Banza Chickpea Pasta / $4+ per 8 oz. boxAvailable at EatBanza.com “When people think of pasta, they almost always think, I ate way too much and n... Read More

State of the art: Tech growth on the rise in Northeast Ohio

Northeast Ohio

A recent Forbes article posits Cleveland as the Midwest’s version of Silicon Valley. A growing hub for technology entrepreneurs, Northeast Ohio continues an upward trend. ... The Great Lakes Innovation and Development Enterprise, on the Lorain County Community College campus, is another of those r... Read More

SPR's pain patch is pleasing researchers

Northeast Ohio

When conducting research, Dr. Brian Ilfeld tries his best to be dispassionate and logical. SPR Therapeutics has made that task difficult. The Highland Hills-based company's first product could have a huge impact on the world of pain management, according to Ilfeld, a professor of anesthesiology at t... Read More

Content Marketing Institute, Boxcast leaders exemplify entrepreneurs who listen

Northeast Ohio

Boxcast is truly one of Cleveland's coolest tech companies, and is housed in a unique space -- the top floor of the old terminal building at Burke Lakefront Airport. Boxcast's technology is able to deliver live, HD video from anyone with a camera to almost anywhere in the world. Boxcast is a simple ... Read More

Tech that produces more whiskey faster

Northeast Ohio

Using its carefully guarded trade secrets, one small business is pushing new methods into the world of whiskey to address higher demand for the spirits. With more modern technology than what's used in the traditional whiskey-making process, Cleveland, Ohio-based distiller Cleveland Whiskey has refin... Read More

Website making ripples in water industry

Northeast Ohio

Recently, someone from a local water technology company told Bryan Stubbs that the business might join the Cleveland Water Alliance. The main reason? It wants a subscription to SplashLink.com. Since last fall, the Beachwood-based website has signed up hundreds of paid subscribers, all of whom are so... Read More

Surgical Theater: Using virtual reality as a surgical tool

Northeast Ohio

The concept smacks of that 1966 movie, Fantastic Voyage: Cleveland startup Surgical Theater has developed a virtual reality software system that allows surgeons to journey through a patient’s body to get acquainted with the surgical site in advance of a complicated operation. ... Read More

SPR Therapeutics to receive $1.45 million grant from National Institutes of Health

Northeast Ohio

SPR Therapeutics will receive a $1.45 million grant that it will use to develop an implantable version of its nerve stimulation system, which is used to treat post-amputation pain. The Highland Hills-based company is in the process of testing a non-implantable version of its technology in clinical t... Read More

Event 38’s Drones Give Farmers New Perspective

Northeast Ohio

It’s safe to say Garrett Nees’ grandfather, a farmer all his life, was skeptical when he heard the 18-year-old say he had found a new way to improve their crop yield. “My grandpa thought I was crazy,” he says, unable to hold back a laugh. The family-owned farm in Breeda, Iowa, is home to hog... Read More

Doctors Use New 3-D Tech to Prepare for Brain Surgery

Northeast Ohio

For the first time, brain surgeons at UCLA’s Neurosurgery Center can look inside the heads of their patients before they go under the knife. Using a breakthrough tool called the Surgical Theater, doctors can create ultra-realistic 3-D virtual replicas of a patient’s brain and look inside when pr... Read More

Fueled by TechStars, Cleveland startup ExpenseBot ready to launch--somewhere

Northeast Ohio

Edward Buchholz feels more confident than most entrepreneurs at the early stage of a startup, and no wonder. He's a freshly minted product of TechStars, perhaps the nation's most esteemed business accelerator, with the venture capital to prove it. Now he's looking for a place to launch. ... Read More

Application period nears for Innovation Fund program

Southeast Michigan

Story excerpt provided by Crain's Detroit Business Written by Kirk Pinho The application period for up to $100,000 in funding for startup and emerging businesses through the Innovation Fund, a partnership between Macomb Community College and J.P. Morgan Chase & Co., begins next month. MCC Presid... Read More

Akron drone maker and medical venture each nab $25,000 award

Northeast Ohio

Wednesday, the region’s nonprofit Innovation Fund said it has awarded $25,000 to Event 38, as well another Akron startup, BioMendics LLC, which is developing a gel to heal wounds. The fund is designed to help young companies at early stages of development. ... Read More

Motorcycles Made More Visible in the Most Amazing Way

Northeast Ohio

A company called Darkside Scientific has teamed up with Progressive Insurance to bring to light a better and amazing way to make motorcycles more visible to other drivers at night. Darkside has done the research and come up with a paint that will light up with just the flick of a switch, and the app... Read More

App for collaborating writers wins top prize at ‘Pitch Night’ in Hudson

Northeast Ohio

An online app called Beegit, which is designed to make it easier for writers to work together on a project, won the top prize in the second annual Pitch Night business competition Thursday in Hudson. Beegit LLC, a startup headquartered in Cleveland, won $3,000 in the business idea competition akin t... Read More

This Wristband Wants To Replace All Of Your Keys And Passwords

Northeast Ohio

Chris Wentz was just finishing up his stint at Case Western Reserve University in Cleveland, Ohio, when he found himself working on a group project for an entrepreneurship class. The assignment was pretty open ended: Come up with any business idea. Along with his teammates, Wentz came up with a crea... Read More

Local company creates high-tech dog toys that clean teeth

Northeast Ohio

Keeping your canine's chompers clean can be real struggle, but a Cleveland company has a high-tech solution. It looks like a normal chew toy, but there's a secret hidden inside. "The device is motion activated, so all your dog has to do it play with it," said Paul Ruflin, with Animal Oralectrics. Wh... Read More

Zumby: A teeth-cleaning dog toy

Northeast Ohio

We've all heard the phrase "dog breath." Dogs don't brush their teeth like humans do, and sometimes their breath gets pretty stinky. But now, a Cleveland-based company hopes to change that with a new toy, called "Zumby." Paul Ruflin of Animal Oralectrics and Kelly Gentile, as well as their dog, Hipp... Read More

JPMorgan Chase, Macomb Community College to aid start-ups

Southeast Michigan

Story excerpt provided by Detroit Free Press Written by John Gallagher JPMorgan Chase will announce today a $1-million grant to Macomb Community College to launch an Innovation Fund to help promising metro Detroit entrepreneurs and next-stage companies with high-growth potential. The grant is part o... Read More

Nikola laterally moving pedal

Northeast Ohio

Nikola is the brain child of Nick Stevovich from Rocky River, Ohio. Stevovich took his background in speed skating and applied that to the bicycle pedal and has developed a laterally moving pedal that he developed in an effort to increase power and speed.  ... Read More

BoxCast and 1450WXVW to Broadcast High School Football

Northeast Ohio

BoxCast, a Cleveland, OH-based technology company that delivers streaming high-definition video broadcasts, is partnering with 1450WXVW: The Sports Buzz, a radio station based in Jeffersonville, IN, to broadcast Kentuckiana high school football this fall. Together, the companies will offer sports fa... Read More

ExpenseBot accepted into Colorado-based TechStars business accelerator

Northeast Ohio

Calling it "a once-in-a-lifetime" opportunity doesn't quite do it justice. A local software company called ExpenseBot has been accepted into the TechStars business accelerator in Boulder, Colo. — a highly selective program that has made a name for itself in tech circles across the country. Getting... Read More

Plum Print booms, turning children's artwork into books

North Carolina

Story excerpt provided by Citizen-Times Written by Dale Neal Meg Ragland faced the kind of problem that confronts any proud parent. What to do with all those crayoned masterpieces your child brings home from school for display on the refrigerator — semester after semester, grade after grade?   Sh... Read More

$150K from LBCC's Inaugural 'Innovation Fund' Spread Amongst Three Businesses

Southern California

Story excerpt provided by Long Beach Post Written by Brian Addison Two Los Angeles and one West Hollywood company will receive generous financial awards from Long Beach City College’s inaugural Innovation Fund So Cal. The fund—announced and launched earlier this year—is a partnership with LBCC... Read More

Long Beach City College awards $150,000 to startup firms

Southern California

Story excerpt provided by Orange County Register Written by Pat Maio Long Beach City College, one of two colleges nationwide funding and mentoring high-growth startup companies, granted $150,000 in seed money to help three businesses grow their businesses in the Los Angeles area, the college announc... Read More

Long Beach City College announces Innovation Fund recipients

Southern California

Story excerpt provided by Long Beach Press Telegram Written by Andrew Edwards Long Beach City College officials on Tuesday revealed the first three companies to receive financial awards through Innovation Funds SoCal, a newly created program intended to foster Southern California startups. The compa... Read More

LBCC Awards $150,000 to Three Start-Ups through Innovation Fund SoCal

Southern California

Innovation Fund SoCal at Long Beach City College will announce its initial awards of funding to high-growth startup companies at a ceremony at its Liberal Arts Campus today at 11am. The awards will be made three months after the launch of Innovation Fund SoCal, which was created to stimulate regiona... Read More

IFNC Awards Five More NC Startups Grants

North Carolina

Innovation Fund North Carolina (IFNC), an organization created in the Fall of 2013 to help entrepreneurs statewide through pre-seed funding, enhanced networking and mentorship for high-growth, scalable technology startups, has announced the award winners for its second cycle of funding. A total of $... Read More

Investment group offers funding for North Carolina startups

North Carolina

Story excerpt provided by Time Warner Cable News Written by Amara Omeokwe Starting a company can come with challenges, and raising money is often one of the biggest. One group of investors visited Wilmington Tuesday to explain how they can help start-ups looking for funding. One man, Scott Kanyok, k... Read More

Startups Can Get Investment from LBCC's Innovation Fund So Cal

Southern California

Story excerpt provided by Gazettes.com Written by Jonathan Van Dyke Long Beach City College is looking to put money where the jobs are, and many officials said that means investing in new ventures. LBCC officials have announced the creation of the Innovation Fund SoCal initiative, which will launch ... Read More

LBCC Launches Inaugural Innovation Fund for Aspiring Entrepreneurs

Southern California

Story excerpt provided by Long Beach Post Written by Brian Addison  Long Beach City College (LBCC) announced at their inaugural innovation and entrepreneurship conference the launch of Innovation Fund SoCal (IFSC), a program which will provide funding and mentoring for up-and-coming entrepreneurs a... Read More

Long Beach City College announces fund to aid technology startups

Southern California

Story excerpt provided by Long Beach Press Telegram Written by Andrew Edwards Long Beach City College is promoting a new source of funding, called “Innovate Fund SoCal,” to help finance and educate entrepreneurs attempting to create new technology-focused companies. “It’s like an incubator,... Read More

Totally pumped: Wilmington firm GO2 makes new blood circulation device

North Carolina

Story excerpt provided by StarNewsWritten by Wayne Faulkner Circulation is the life blood of one young Wilmington company. GO2 LLC is producing and marketing a device that increases blood flow without changing the body's vital signs like heart rate, respiratory rate and blood pressure. The company's... Read More

Wilmington company beats statewide competition for innovation award

North Carolina

Story excerpt provided by Port City Daily Written by Ben Brown A late-stage startup in Wilmington has received a $75,000 award from Innovation Fund North Carolina in tandem with the Kauffman Foundation. The grant was announced this week, according to a news release. The grant process was competitive... Read More

GO2 medical device startup garners grant

North Carolina

Story excerpt provided by Greater Wilmington Business Journal Written by Jenny Callison A late-stage startup in Wilmington has received a $75,000 award from Innovation Fund North Carolina in tandem with the Kauffman Foundation. The grant was announced this week, according to a news release. The gran... Read More

Innovation Fund Doles Out Money to Several Tar Heel Startups

North Carolina

Story excerpt from Triangle Business Journal Written by Lauren K. Ohnesorge A wearable sensor that can detect crime as it happens (and call the police for you) is among local technologies tapped for early funding by Innovation Fund North Carolina. Clayton-based 10 for Humanity and Raleigh-based Accu... Read More

Innovation Fund North Carolina Awards $275,000 During First Cycle

North Carolina

Innovation Fund North Carolina (IFNC), an organization created to help entrepreneurs through pre-seed funding and mentorship for high-growth, scalable technology startups, has announced the award winners for its first cycle of funding. Awardees will be honored at a private reception Tuesday, Dec. 17... Read More

Innovation Fund Offers $1.2M for N.C. Startups

North Carolina

Story excerpt from the Charlotte Business Journal Written by Adam O'Daniel Innovation Fund North Carolina plans to award up to $1.2 million to startup technology companies in the Tar Heel State. An informational meeting will be held at Packard Place in Charlotte at 1 p.m. Sept. 17. All startups with... Read More

New $1.2 Million Fund Hopes to Help Startup Firms Blossom

North Carolina

Story excerpt provided by The Charlotte Observer Written by Caroline McMillan Early-stage startups in the Charlotte area now have a new potential source for funding: Innovation Fund North Carolina, a pilot program planning to award up to $1.2 million in grants and loans to high-tech startups around ... Read More

White House Endorses Launch of Innovation Fund America

Providing funding and talent for high-tech entrepreneurs when they need it most. Cleveland, Ohio and Washington, DC (February 22, 2011): Today, as part of President Barack Obama’s “Winning the Future Forum on Small Business” in Cleveland, Ohio, the White House endorsed the launch of: Innovatio... Read More

Title III Crowdfunding For Real, Part II

Northeast Ohio

Title III of the JOBS Act went into effect last year, and many entrepreneurs and small businesses are curious about if it works and how. I had the pleasure of interviewing several companies that have gone through “equity crowdfunding.” In the first installment of a three-part series showcasing t... Read More