Tech Sprout

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.

These micro grant awards provide resources to help startups validate their technology and develop their business model. Awards can be used for a variety of purposes, including prototyping, patents, testing, and hiring outside experts. Applicants work with mentors to develop or refine their business model before presenting at a funding event.

Tech Sprout uses competitive funding rounds to determine grantees. Companies located in the 21 counties of Northeast Ohio are eligible for up to $2000 in Tech Sprout grant money; Braintree tenant companies can receive up to $6000.

“We recognize this isn’t a lot of money, but we believe it can help a company build a prototype or test product. This could prepare a startup company for larger funding opportunities going forward.” –Bob Cohen, CEO, Braintree Business Development Center

For more information, call 419.525.1614