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Investment

These funds—whether community, angel, seed, pre-seed or venture—provide financial assistance to businesses in various stages of their development.


Akron BioInvestments Funds support the attraction and establishment of biomedical companies in Akron. Created by the City of Akron through its Akron Development Corporation, The Akron BioInvestments Funds is comprised of two parts: the Product Development Fund and the Rapid Commercialization Loan Fund.


Appleseed Microfinance, which is based at the Braintree Business Development Center in Mansfield, provides small capital for small businesses in the 21 counties of Northeast Ohio. Eligible businesses with annual revenues of less than $1 million can receive loans between $1,000 and $35,000, which can be used for equipment, inventory, business debt restructuring, working capital and short-term projects.


Barberton Growth Fund was established by the Barberton Community Development Corporation (BCDC) thanks to a significant investment from the Barberton Community Foundation. The fund’s goal is to invest in entrepreneurs interested in growing their businesses in the city of Barberton.


Canton Entrepreneur Launch provides grants to entrepreneurs who plan to locate new, high-potential business ventures in the city of Canton. This program is designed to create organic business growth by funding startups with the potential to attract additional investment, create substantial economic impact and develop job opportunities within the Canton community.


Concept Capital, a for-profit venture capital company associated with holding company Crossroads Group, helps young people with long-term, viable business models get their start. It is not looking for restaurant or bar ideas, but for innovative product or service businesses that can be deployed on a larger scale.


Glengary is a Beachwood-based venture catalyst enterprise investing equity capital in promising early stage companies specializing in healthcare products and services, information technologies, applied technologies and business services.


The Innovation Fund, founded by the Lorain County Community College Foundation, is a regional fund focused on supporting technology-based entrepreneurial endeavors and emerging technology-based businesses.


JumpStart is a nonprofit venture development organization providing intensive business assistance, sometimes coupled with investment, to early stage tech-based Northeast Ohio companies in the sectors of healthcare, IT, cleantech, and business and consumer products.


North Coast Angel Fund (NCAF) is a contributed capital and "sidecar" pre-seed investment fund with a focus on early stage technology investments. The fund targets industries such as biosciences, advanced materials, electronics and controls, information technology, and energy and power/propulsion.


North Coast Opportunities (NCO) Technology Fund was developed by the Cuyahoga County Department of Development in connection with the Cuyahoga Next Advisor Task Force and in association with JumpStart Entrepreneurial Network. Its goal is to encourage and develop very early stage Cuyahoga County technology companies, with a special focus on high-growth technology companies that are excellent candidates for future capital investment.


Tech Sprout provides small amounts of funding to help early stage entrepreneurs turn their high-tech ideas into viable businesses. The regionally focused fund, administered by Mansfield’s Braintree Business Development Center, is designed to help move ideas toward commercialization.


Wooster Opportunity Loan Fund supports early-stage, high-potential technology companies located in or willing to move to Wayne County. The fund awards loans of up to $35,000 to companies with high potential to raise venture capital money and create new jobs.