How are these organizations connected?
The JumpStart Entrepreneurial Network (formerly known as TechLift) is a group of entrepreneurial support entities that have either received some funding from Ohio Third Frontier or have some other formal relationship with JumpStart. Its members include pre-seed and seed funds, incubators, business accelerators, experienced advisors and specialized support organizations. We work together to help guide Northeast Ohio tech-based companies through the growth process.
How do I know I am eligible for assistance?
Requirements for participation vary from resource to resource, but all support entrepreneurs looking to grow their early stage high potential tech-based businesses in the 21 counties of Northeast Ohio.
How do I get started?
Entrepreneurs with early stage tech-based businesses looking to raise capital should complete the application form, which asks basic information about your company. A member of the JumpStart Entrepreneurial Network will review it and reach out to you, initially via an email.
Is there a fee?
There's no fee to apply. Most business assistance is free or subsidized significantly to come in well below market value.
What are my obligations?
While each Network resource establishes parameters of their relationships with their client,s one thing remains consistent across all organizations: companies that receive significant business assistance (15+ hours) and/or any funding will be required to report metrics in a bi-annual survey that should take prepared respondents no more than 20 minutes to complete. The results of this survey are crucial for reporting to our funders and continuing our services to entrepreneurs. No company’s individual information will be shared. Any results are reported in aggregate.
What if the Network can't help me?
If your company needs resources other than or in addition to the ones these partners provide, you could be referred to another small business support organization or service provider outside of the Network.
How many clients can the Network take on?
We haven't reached our maximum capacity yet, but we all believe that would be a wonderful problem to have. Collectively, the Network has worked with more than 600 clients to-date, who have gone on to raise $754 million in risk capital since 2007.
How can I learn more about the young companies that have worked with the Network?
Read more about the Network's client milestones, sign up for Network newsletters and join our discussions on LinkedIn or Facebook.