Five tech startups receive a total of $275,000 in support from Innovation Fund Northeast Ohio
Five startups have received a total of $275,000, in amounts ranging from $25,000 to $75,000, from Innovation Fund Northeast Ohio in Elyria. The Innovation Fund — an early-stage fund for startups in the technology space that was founded by the Lorain County Community College Foundation and launched in 2007 — said in a news release that the money will enable the […]
It takes an ecosystem to raise a successful start-up
The geography of entrepreneurship is “spiky“, meaning that from region to region there are significant variations in rates of start-ups and, in particular, “scale-ups“—new businesses that are evolving into larger enterprises. This can be explained by the fact that successful entrepreneurship occurs in “fertile soil”—economic and social environments conducive to entrepreneurial activity. And in some […]
EU Plans $3.9 Billion Fund for Startups in ‘Valley of Death’
The European Union is planning a 3.5 billion-euro ($3.9 billion) fund that will invest in early stage technology in an effort to increase the pipeline of innovations that might someday take on giants in the U.S. and China. Traditional venture capital firms tend to avoid the costly and risky research needed to turn a scientific breakthrough into […]
Delaware Valley University hosts Shark Tank-like event
In a Shark Tank-style event next week at Delaware Valley University, local entrepreneurs, startups and nonprofit organizations will make a pitch to a panel of judges and compete for cash prizes to help support their innovations and ideas. The inaugural Spark Bowl competition is open to the public and is scheduled for 5:30 p.m. Dec. […]