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Jumpstart Inc.

Location

Cleveland, OH

Project Name

The JumpStart MedTech Fund

Program

Seed Fund Support

Award Amount

Federal Share

Non-Federal Share

$300,000.00

$300,000.00

JumpStart will create a $30-$35M JS MedTech Fund focused on biomedical devices, diagnostics and healthcare IT startups in the Northeast Ohio region in an effort to fill an early-stage capital gap estimated to be as large as $392M in 2014. JumpStart anticipates making 20-25 seed stage investments ranging from $100K to $2M and estimates five-year impacts to include $125m in follow-on investment capital, 25 new business starts, and 210 direct jobs.

Office of Innovation and Entrepreneurship (OIE)

Build To Scale (B2S)
formerly Regional Innovation Strategies Program (RIS)

SPRINT Challenge

STEM Talent Challenge

Accelerate R2 Network Challenge

National Advisory Council on Innovation & Entrepreneurship (NACIE)

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