2025 Economic & Fiscal Impact Report

ECONOMIC

& FISCAL

IMPACT REPORT 2025

PREPARED BY

July 2026

TABLE OF CONTENTS ABOUT JUMPSTART....................................................................................................................................... 3 JumpStart Overview........................................................................................................................................3 2025 Programmatic Highlights Supporting Business Growth............................................................4 EXECUTIVE SUMMARY.................................................................................................................................. 6 About this Report.............................................................................................................................................6 JumpStart + Partners Supported Companies......................................................................................... 7 JumpStart Supported Companies.............................................................................................................. 7 JumpStart + Partners Supported Tech Startups ....................................................................................8 JumpStart Serviced Tech Companies........................................................................................................8 JumpStart Funded Tech Companies..........................................................................................................9 Network Serviced Tech Companies............................................................................................................9 JumpStart Supported Small Businesses.................................................................................................. 10 STUDY METHODOLOGY...............................................................................................................................11 What Is an Economic Impact Analysis?.................................................................................................... 11 Terminology......................................................................................................................................................12 How to Read the Impact Tables................................................................................................................ 13 Survey Data..................................................................................................................................................... 14 IMPLAN ............................................................................................................................................................ 14 Silverlode Consulting.................................................................................................................................... 14 AREAS OF ANALYSIS.....................................................................................................................................15 JUMPSTART + PARTNERS SUPPORTED COMPANIES ECONOMIC IMPACTS...................................16 JumpStart + Partners Supported Companies........................................................................................17 JUMPSTART SUPPORTED COMPANIES ECONOMIC IMPACTS.......................................................... 20 JumpStart Supported Companies.............................................................................................................21 JUMPSTART + PARTNERS SUPPORTED TECH STARTUPS ECONOMIC IMPACTS .......................... 24 JumpStart + Partners Supported Tech Startups....................................................................................25 JumpStart Serviced Tech Companies......................................................................................................28 JumpStart Funded Tech Companies....................................................................................................... 30 Network Serviced Tech Companies..........................................................................................................32 JUMPSTART SUPPORTED SMALL BUSINESSES ECONOMIC IMPACTS............................................ 34 JumpStart Supported Small Businesses..................................................................................................35

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ABOUT JUMPSTART JumpStart Overview JumpStart drives economic vitality by connecting entrepreneurs to the opportunities and resources they need to succeed.

Founded in 2004 to remove barriers in technology and innovation, JumpStart is a leader in entrepreneurial support. Backed by public, private and philanthropic partners, the nonprofit organization focuses on scaling high-growth tech startups and small businesses, helping them realize their potential and grow into durable, competitive companies that strengthen Ohio’s economy.

For over two decades, JumpStart has worked alongside entrepreneurs at defining moments of growth, when access to advisors, capital and connections can accelerate momentum. Through no-cost, handson advising and meaningful introductions, entrepreneurs can unlock new pathways to long-term success and build ventures shaped by their vision, persistence and drive to solve real problems.

JumpStart also coordinates a broader ecosystem of mission-aligned advisors and resources that meets tech founders where they are while fueling job creation, energizing local economies and strengthening the region over time.

This work is about more than growing businesses. It is about helping people with the determination to build something meaningful bring their vision to life and create lasting prosperity for the communities they call home.

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2025 Programmatic Highlights Supporting Business Growth In 2025, JumpStart continued to evolve its programs and services to meet the needs of high growth tech startups and small businesses across Ohio.

Two areas defined the year: launching new pathways for small businesses ready to scale and deepening the intensive wraparound support that gives high-potential tech startups their best chance to succeed.

Supporting Growth‑Stage Small Businesses Building on the learning and outcomes of its Small Business Impact Program, JumpStart launched two new programs in 2025 designed for established firms pursuing their next stage of growth. CapitalReady is a four-month accelerator for lower middle market businesses that provides up to $20,000 to support financial planning, growth strategy and exit readiness. ScaleReady supports founders by focusing on strengthening operating procedures, promoting knowledge transfer and team growth through targeted education, coaching and a $5,000 services stipend. Both programs graduated their first cohorts in 2025 and are included in the economic impacts modeled in this report.

Accelerating Technology Startup Development 2025 marked the first full year of Trailblazer Accelerator graduations—a milestone that reflects the program’s increasing importance in Ohio’s technology startup ecosystem. Focused on pre-seed and seed-stage software and health tech companies solving real problems, the highly competitive program is designed for founders at a critical growth stage who are ready to make the most of intensive support.

Along with providing hands-on advising, education and connections to investor and customer networks, companies have access to a baseline of $50,000 in non-dilutive funding. This project-based funding allows founders to engage professional service providers in areas such as product development, marketing, legal assistance and more, all to help meet critical milestones. Together, the Software and HealthTech Trailblazer programs have completed seven cohorts through 2025.

Across these efforts, JumpStart embedded practical AI tools, use cases and applied components aligned to how the technology is increasingly shaping their industries.

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The Power of Collaboration JumpStart does not work alone, and that is by design. We collaborate with a broad network of partners committed to helping talented founders with bold ideas succeed.

One of the clearest examples of this collaboration is JumpStart’s role as lead applicant for the Ohio Third Frontier’s Entrepreneurial Services Provider Program, or ESP program, a statewide initiative supporting high potential technology companies at every stage of growth. In this role, JumpStart secures and directs public funds to the region, aligning activity across ESP Partner organizations. Together, this ESP Network supports companies within its 39 counties and across Ohio, helping more technology businesses start and scale. Private and philanthropic partners match the state’s commitment one-to-one, extending the reach and long-term impact of every dollar deployed.

JumpStart and its ESP Partners support tech startups at every stage, from ideation to growth and exit. In 2025, services across this Network were organized under a Centers of Excellence framework to better connect founders with industry-specific programming, early-stage validation, prototyping and education.

Our ESP Partners in 2025 represent some of the region’s most respected institutions in innovation, research, healthcare and economic development: • Bounce Innovation Hub • Braintree Business Development Center • BRITE Energy Innovators • Case Western Reserve University (CWRU) • Cleveland Clinic

• The Manufacturing Advocacy & Growth Network (MAGNET) • Mercy Health • Northeast Ohio Medical University (NEOMED) • Ohio Aerospace Institute (OAI), wholly affiliated with Parallax Advanced Research

• Cleveland Water Alliance

• ProMedica

• Great Lakes Innovation and Development Enterprise (GLIDE)

• University of Akron Research Foundation (UARF) • University of Toledo (UT)

• Lakeland Community College (LCC)

• YBI

The collective effort to support tech startups is further propelled by the resources and expertise provided by strategic community partners including KeyBank, Cleveland Foundation, Burton D. Morgan Foundation, Cuyahoga County and Huntington Bank.

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EXECUTIVE SUMMARY About this Report The purpose of this study is to quantify how the support provided by JumpStart and its ESP Partners translates into measurable economic activity across Ohio.

JumpStart engaged Silverlode Consulting to estimate the economic and fiscal impacts of companies served by JumpStart and its Partners during 2025. The analysis was conducted using IMPLAN, a widely used and accepted methodology for estimating regional economic impacts.

These companies were surveyed using Qualtrics. JumpStart and its Partners administered surveys, and provided the resulting data to Silverlode Consulting. Survey respondents reported employment, payroll, revenue and other operational information necessary to complete the analysis.

The sections that follow present a detailed assessment of the impacts generated by companies served

by JumpStart and its Partners, represented through 32 distinct economic impact models (segments).

These segments analyze impacts by program type, business sector (technology startup or small business) and leadership classification (companies led by women, companies led by Black entrepreneurs and companies led by Latino/Hispanic entrepreneurs).1 The segments are not additive, as individual companies may be represented in more than one model.

This Executive Summary presents key findings from three perspectives: 1. Total Economic Impact — The economic impact of all companies assisted by JumpStart and its ESP Network Partners (JumpStart + Partners Supported Companies), as well as the economic impact of companies solely served by JumpStart (JumpStart Supported Companies).

2. Tech Startup Services Impact — The economic impact of tech startups supported by JumpStart and its ESP Partners (JumpStart + Partners Supported Tech Startups), analyzed across five categories: JumpStart + Partners Supported Tech Startups, JumpStart Serviced Tech Companies, JumpStart Funded Tech Companies and Network Serviced Tech Companies.

3. Small Business Services Impact — The economic impact of small businesses supported by JumpStart (JumpStart Supported Small Businesses).

1

For all companies, “led by” is defined as having a co-founder, CEO or president who self-identifies as a woman or as Black or Latino/Hispanic.

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TOTAL ECONOMIC IMPACT JumpStart + Partners Supported Companies Since 2010, startups and small businesses supported by JumpStart and its ESP Partners have directly and indirectly contributed an estimated $16.9 billion in cumulative economic activity.2

The illustration below summarizes the estimated economic impacts in 2025 of all JumpStart small business programs, companies receiving investment from JumpStart-affiliated funds and startup tech programs provided by JumpStart and its ESP Network Partners. These companies directly and indirectly supported an estimated $1.9 billion in economic activity and 10,702 jobs across Ohio.

ECONOMIC OUTPUT

JUMPSTART + PARTNERS SUPPORTED COMPANIES

HOUSEHOLDS SUPPORTED

$1.9B

7,109

JOBS CREATED & MAINTAINED

STATE & LOCAL TAXES

10,702

$76M

LABOR INCOME

FEDERAL TAXES

$868M

$189M

JumpStart Supported Companies The illustration below summarizes the estimated economic impacts in 2025 of startups and small businesses receiving JumpStart services and/or JumpStart-affiliated funding (excluding companies assisted solely by Partner organizations). These companies directly and indirectly supported an estimated $1.5 billion in economic activity and 8,409 jobs across Ohio.

ECONOMIC OUTPUT

JUMPSTART SUPPORTED COMPANIES

$1.5B

5,586

JOBS CREATED & MAINTAINED

STATE & LOCAL TAXES

8,409

$61M

LABOR INCOME

FEDERAL TAXES

$668M

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HOUSEHOLDS SUPPORTED

Economic impact estimates for 2010 through 2017 were provided by Cleveland State University.

$145M

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JUMPSTART + PARTNERS SUPPORTED TECH STARTUP SERVICES IMPACT This section analyzes the economic impact in 2025 of Ohio tech companies that JumpStart and its ESP Network Partners3 supported.

JumpStart + Partners Supported Tech Startups The illustration below summarizes the estimated economic impacts in 2025 of companies receiving tech startup services from JumpStart and its ESP Network Partners. This includes companies that received both business assistance and direct investment as well as those that received only business assistance. These companies directly and indirectly supported an estimated $1.8 billion in economic activity and 9,236 jobs across Ohio.

ECONOMIC OUTPUT

JUMPSTART + PARTNERS SUPPORTED TECH STARTUPS

HOUSEHOLDS SUPPORTED

$1.8B

6,135

JOBS CREATED & MAINTAINED

STATE & LOCAL TAXES

9,236

$70M

LABOR INCOME

FEDERAL TAXES

$817M

$177M

JumpStart Serviced Tech Companies The illustration below summarizes the estimated economic impacts in 2025 of tech startup companies receiving business advisory services directly from JumpStart. These companies directly and indirectly supported an estimated $1.4 billion in economic activity and 7,008 jobs across Ohio.

ECONOMIC OUTPUT

JUMPSTART SERVICED TECH COMPANIES

$1.4B

4,655

JOBS CREATED & MAINTAINED

STATE & LOCAL TAXES

7,008

$55M

LABOR INCOME

FEDERAL TAXES

$621M

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HOUSEHOLDS SUPPORTED

$135M

Northeast and Northwest Ohio ESP Network Partners in 2025 include Bounce Innovation Hub, Braintree Business Development Center, BRITE

Energy Innovators, Case Western Reserve University (CWRU), Cleveland Clinic, Cleveland Water Alliance, Great Lakes Innovation and Development Enterprise (GLIDE), Lakeland Community College, The Manufacturing Advocacy & Growth Network (MAGNET), Mercy Health, Northeast Ohio Medical University (NEOMED), Ohio Aerospace Institute (OAI), ProMedica, University of Akron Research Foundation (UARF), University of Toledo (UT) and YBI.

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JumpStart Funded Tech Companies The illustration below summarizes the estimated economic impacts in 2025 of technology companies funded directly by JumpStart-affiliated venture capital funds. These active portfolio companies directly and indirectly supported an estimated $1 billion in economic activity and 4,610 jobs across Ohio.

ECONOMIC OUTPUT

JUMPSTART FUNDED TECH COMPANIES

HOUSEHOLDS SUPPORTED

$1.0B

3,062

JOBS CREATED & MAINTAINED

STATE & LOCAL TAXES

4,610

$39M

LABOR INCOME

FEDERAL TAXES

$465M

$101M

Network Serviced Tech Companies The illustration below summarizes the estimated economic impacts in 2025 of companies receiving funding and/or business assistance from ESP Network Partners (excluding those companies assisted solely by JumpStart). These companies directly and indirectly supported an estimated $1.3 billion in economic activity and 7,156 jobs across Ohio.

ECONOMIC OUTPUT

NETWORK SERVICED TECH COMPANIES

$1.3B

4,753

JOBS CREATED & MAINTAINED

STATE & LOCAL TAXES

7,156

$54M

LABOR INCOME

FEDERAL TAXES

$630M

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HOUSEHOLDS SUPPORTED

$137M

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SMALL BUSINESS SERVICES IMPACT JumpStart Supported Small Businesses The illustration below summarizes the estimated economic impacts in 2025 of traditional small businesses that received services directly from JumpStart. These companies directly and indirectly supported an estimated $131 million in economic activity and 1,564 jobs across Ohio.

ECONOMIC OUTPUT

JUMPSTART SUPPORTED SMALL BUSINESSES

HOUSEHOLDS SUPPORTED

$131M

1,039

JOBS CREATED & MAINTAINED

STATE & LOCAL TAXES

1,564

$7M

LABOR INCOME

FEDERAL TAXES

$56M

$12M

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STUDY METHODOLOGY What Is an Economic Impact Analysis?

An economic impact analysis examines how an organization, industry or event affects a region’s economy. When economic activity takes place, it creates ripples of economic activity as spending moves through businesses and households. These effects are measured using a Regional Input-Output methodology.

Economic impacts are grouped into three components: direct impacts, indirect impacts and induced impacts. Direct impacts represent the initial economic activity being analyzed and serve as the starting point of the analysis. Indirect impacts capture the changes in the industries that provide goods and services to the economic activity being modeled (e.g., suppliers and service providers). Induced impacts are the impact of changes in household spending resulting from the direct and indirect effects. Total impact represents the combined effect of all direct, indirect, and induced activity. The image below illustrates these relationships.

Economic Impacts

Economic Activity JumpStart and its Partners provide funding and services to companies.

Direct

Indirect

Induced

The companies supported by JumpStart and its Partners employ people and generate revenue.

Business-to-Business Spending The companies buy goods and services which support jobs and revenue for the suppliers of goods and services.

Household Spending Employees of the supported companies and their suppliers buy household goods like groceries, which further support jobs and revenue.

Real-Life Example Consider an entrepreneur who owns a bakery. She participates in JumpStart’s Small Business Impact Program and works with JumpStart mentors to develop her business plan. The bakery subsequently experiences an increase in sales and hires new employees. The baker’s economic activity (e.g., jobs, payroll, and revenue) are direct impacts. If the bakery purchases new ovens, the jobs and revenue associated with producing, delivering, etc., the ovens are indirect impacts. When the bakery’s and oven manufacturer’s employees use their paychecks to buy everyday items like groceries, the jobs, payroll and revenues resulting from this household spending are the induced impacts. Together, these direct, indirect, and induced effects show how support for one small business can create broader economic benefits across the region.

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Terminology DIRECT

INDIRECT & INDUCED

Economic Output

The total value of goods and services produced by the activity being modeled.

Output is roughly equivalent to sales or revenue associated with the direct activity.

IMPLAN estimate of the total value of goods and services produced by indirect and induced economic activity.

Output often represents sales or revenue associated with this activity.

Jobs

Employees and contractors of companies served by JumpStart and its Partners.

IMPLAN estimate of the number of jobs supported by the purchase of goods and services by the activity being modeled (indirect) as well as by changes in household spending (induced).

Labor Income (Earnings)

Wages and benefits associated with direct jobs. Compensation for contractors was estimated based on the earnings of each company’s employees.

IMPLAN estimate of the total labor income (wages, benefits and proprietor income) associated with the indirect and induced economic activity.

Households Supported

IMPLAN estimate of the number of households supported by the economic activity being analyzed. Reflects the ratio of jobs per household in the geography per IMPLAN, multiplied by direct jobs.

IMPLAN estimate of the number of households supported by indirect and induced economic activity. Reflects the ratio of jobs per household in the geography per IMPLAN, multiplied by indirect and induced jobs.

State & Local Taxes

IMPLAN estimate of all taxes paid to state and local units of government as a direct result of the economic activity being analyzed.

IMPLAN estimate of all taxes paid to state and local units of government due to indirect and induced economic activity.

Federal Taxes

IMPLAN estimate of all taxes paid to the Federal government as a direct result of the economic activity being analyzed.

IMPLAN estimate of all taxes paid to the Federal government due to indirect and induced economic activity.

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How to Read the Impact Tables The illustration below explains how to read the economic impact tables in this report.

Left to Right The total impact figures shown in the far-right column of each table represent the combined effects of: direct impacts, which reflect the activity of companies served by JumpStart and its Partners; and indirect and induced impacts, which capture the additional economic activity generated as this spending flows to suppliers and local businesses and supports household spending.

Bottom to Top The top table shows the total impacts for the entire section (in this case, all companies served by JumpStart and its Partners). Lower tables below detail these impacts by company type (for example, companies led by women, Black entrepreneurs, and Latino/Hispanic entrepreneurs). Because individual companies may fall into more than one category, these subcategories cannot be added together. For example, a single company may be led by both a woman and a Black entrepreneur and therefore appear in multiple tables.

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Survey Data JumpStart administered surveys through Qualtrics to all companies receiving services and funding from JumpStart and its ESP Partners. Partner programs and services are defined as any funding and/or business assistance provided to companies through JumpStart’s ESP Partnership Network.

To be included in the modeling for this report, companies were required to have responded to the survey, have a valid industry code and have reported at least two of the following through the survey: one or more jobs (including contractor jobs), payroll or revenue.

In instances where a company included enough information to be included in the IMPLAN analysis (two out of the three criteria above), the missing data was estimated by IMPLAN using industry averages.

A minimum of two companies with modelable data was required to generate impact results for a specific program and demographic category.

Of the 920 companies which responded to the surveys, 503 (55%) provided sufficient information to be included in the economic impact modeling. The majority of companies without modelable data are earlystage businesses that do not yet have jobs, payroll or sales to report. JumpStart will continue to support and survey these companies to measure their growth over time.

For all companies, “led by” is defined as having a co-founder, CEO or president that self-identifies as a woman or as Black or Latino/Hispanic.

IMPLAN IMPLAN (IMpact analysis for PLANning)—one of the most well-respected and widely used methodologies for regional economic impacts analysis—was used to estimate the annual impact of the operating activities of companies served by JumpStart and its Partners. This study utilizes 2024 IMPLAN data, the most current data available at the time of analysis.

IMPLAN is an input-output model originally developed by the US Forest Service in the 1970s and is now used by over 1,000 universities, government agencies and consulting firms. IMPLAN estimates how economic activity in one industry supports activity in other industries through supply chain and household spending effects. IMPLAN’s underlying data are derived from sources including the US Bureau of Economic Analysis (BEA) and other federal datasets.

Silverlode Consulting Silverlode Consulting was founded in 2002 by former leaders of EY’s and PwC’s consulting practices. As a national leader in economic impact analysis, Silverlode has helped hundreds of organizations, ranging from nonprofit arts groups to multinational corporations, to measure their economic contributions and effectively communicate those impacts to stakeholders.

Through rigorous analysis and clear, credible reporting, Silverlode’s work has helped clients secure funding, gain project approvals, and inform public decision making. Additional information about the firm and its economic impact analysis work is available at silverlodeconsulting.com.

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AREAS OF ANALYSIS This report analyzes the economic impact of companies served by JumpStart and its collaborative ESP Partners. The analysis is organized into seven sections, corresponding to the far-left column of the table below.

The analysis includes impacts for all companies served (total companies), as well as subsets of companies—referred to as segments—that examine impacts for companies led by women, Black entrepreneurs and Latino or Hispanic entrepreneurs. Segments with fewer than two companies with sufficient data were excluded to ensure reliable results.

Where applicable, segments were included to reflect impacts of companies participating in specific JumpStart programs including Impact, Trailblazer Accelerators, CapitalReady and ScaleReady.

Together, this results in 32 distinct economic impact models, as represented in the table below, which indicates the segments that were included for each program.

Total Companies

JumpStart + Partners Supported Companies JumpStart Supported Companies JumpStart + Partners Supported Tech Startups JumpStart Serviced Tech Companies JumpStart Funded Tech Companies Network Serviced Tech Companies

JumpStart Supported Small Businesses

15

Companies Led by Women

Companies Led by Black Entrepreneurs

Companies Led by Latino/Hispanic Entrepreneurs

Impact Program Companies

Trailblazer Accelerator Companies

CapitalReady Companies

ScaleReady Companies

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JUMPSTART + PARTNERS SUPPORTED COMPANIES ECONOMIC IMPACTS This section summarizes the economic impact of all companies supported by JumpStart and its ESP Network Partners across Ohio. JumpStart + Partners Supported Companies includes all JumpStart small business programs, companies receiving investment from JumpStart-affiliated funds and startup tech programs provided by JumpStart and its ESP Partners. Impacts are also modeled separately for companies led by women and by Black and Latino/Hispanic entrepreneurs. The analysis area covered in this section is highlighted in orange in the matrix below.

Total Companies

Companies Led by Women

Companies Led by Black Entrepreneurs

Companies Led by Latino/Hispanic Entrepreneurs

Impact Program Companies

Trailblazer Accelerator Companies

CapitalReady Companies

ScaleReady Companies

JumpStart + Partners Supported Companies JumpStart Supported Companies JumpStart + Partners Supported Tech Startups JumpStart Serviced Tech Companies JumpStart Funded Tech Companies Network Serviced Tech Companies

JumpStart Supported Small Businesses Orange models are in this section of the report

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JumpStart + Partners Supported Companies4 In 2025, small businesses and tech startups supported with services and/or funding provided by JumpStart and/or its ESP Network Partners contributed an estimated $1.9 billion in economic activity across Ohio. This total includes an estimated $556 million of economic activity associated with companies led by women, $113 million associated with companies led by Black entrepreneurs and $55 million associated with companies led by Latino/Hispanic entrepreneurs.

These companies supported an estimated 10,702 total jobs5 in Ohio. Of these jobs, 2,995 were associated with the economic activity of companies led by women, 1,104 with companies led

by Black entrepreneurs and 510 with companies led by Latino/ Hispanic entrepreneurs.

The jobs supported by companies assisted by JumpStart + Partners had approximately $868 million of associated annual labor income, including benefits, and sustained an estimated 7,109 households across Ohio.

These companies generated an estimated $76 million in state and local tax revenue in Ohio and $189 million in federal tax revenue in 2025.

JUMPSTART + PARTNERS SUPPORTED COMPANIES

ECONOMIC OUTPUT

$1.9B

JOBS CREATED & MAINTAINED

10,702 LABOR INCOME

$868M HOUSEHOLDS SUPPORTED

7,109

STATE & LOCAL TAXES

$76M FEDERAL TAXES

$189M 4

920 companies supported by JumpStart + Partners’ work in Ohio responded to a survey in 2025. 503 (55%) companies overall, 224 out of 400 (56%)

companies led by women, 120 out of 213 (56%) companies led by Black entrepreneurs and 54 out of 80 (68%) companies led by Latino/Hispanic entrepreneurs responded to a survey AND provided adequate survey information for modeling.

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5

Direct, indirect and induced impacts are only calculable for modelable companies.

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JumpStart + Partners Supported Companies DIRECT

INDIRECT & INDUCED

TOTAL

$891,177,000

$980,432,000

$1,871,609,000

5,713

4,989

10,702

$552,764,000

$315,169,000

$867,933,000

3,795

3,314

7,109

State & Local Taxes

$29,220,000

$46,984,000

$76,204,000

Federal Taxes

$114,126,000

$74,467,000

$188,593,000

$305,735,000

$250,644,000

$556,379,000

1,712

1,283

2,995

$112,420,000

$80,313,000

$192,733,000

1,137

852

1,989

State & Local Taxes

$7,425,000

$11,472,000

$18,897,000

Federal Taxes

$22,944,000

$18,977,000

$41,921,000

$52,221,000

$61,143,000

$113,364,000

Total Companies Economic Output Jobs Labor Income Households Supported

Companies Led by Women Economic Output Jobs Labor Income Households Supported

Companies Led by Black Entrepreneurs Economic Output Jobs Labor Income

789

315

1,104

$37,006,000

$19,605,000

$56,611,000

524

209

733

Households Supported State & Local Taxes

$2,792,000

$2,987,000

$5,779,000

Federal Taxes

$7,772,000

$4,639,000

$12,411,000

$28,054,000

$26,901,000

$54,955,000

372

138

510

$13,226,000

$8,709,000

$21,935,000

247

92

339

Companies Led by Latino/Hispanic Entrepreneurs Economic Output Jobs Labor Income Households Supported State & Local Taxes

$859,000

$1,279,000

$2,138,000

Federal Taxes

$2,772,000

$2,050,000

$4,822,000

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The following map illustrates the geographic distribution by county of direct jobs created and maintained in Ohio by companies6 supported by JumpStart and its ESP Network Partners.

JumpStart + Partners Supported Companies – Direct Jobs Created and Maintained in Ohio

6

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Jobs represented in the map include jobs created by modelable companies only.

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JUMPSTART SUPPORTED COMPANIES ECONOMIC IMPACTS This section summarizes the impact across Ohio of startups and small businesses supported by JumpStart programs and services7.

Impacts are also modeled separately for companies led by women, Black entrepreneurs and Latino/ Hispanic entrepreneurs. The analysis area covered in this section is highlighted in orange in the matrix below.

Total Companies

Companies Led by Women

Companies Led by Black Entrepreneurs

Companies Led by Latino/Hispanic Entrepreneurs

Impact Program Companies

Trailblazer Accelerator Companies

CapitalReady Companies

ScaleReady Companies

JumpStart + Partners Supported Companies JumpStart Supported Companies JumpStart + Partners Supported Tech Startups JumpStart Serviced Tech Companies JumpStart Funded Tech Companies Network Serviced Tech Companies

JumpStart Supported Small Businesses Orange models are in this section of the report

7

In some, but not all cases, companies may have received services through ESP Network Partners or have received investment from JumpStart-affiliated

funds.

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JumpStart Supported Companies8 In 2025, companies supported with services provided by JumpStart9 contributed an estimated $1.5 billion in economic activity across Ohio. This total includes an estimated $539 million of economic activity associated with companies led by women, $111 million associated with companies led by Black entrepreneurs and $49 million associated with companies led by Latino/Hispanic entrepreneurs.

These companies supported an estimated 8,409 total jobs10 in Ohio. Of these jobs, 2,836 were associated with the economic activity of companies led by women, 1,055 with companies led

by Black entrepreneurs and 483 with the economic activity of companies led by Latino/Hispanic entrepreneurs.

Jobs supported by companies assisted by JumpStart had approximately $668 million of associated annual labor income, including benefits, and sustained an estimated 5,586 households in Ohio.

These companies generated an estimated $61 million in state and local tax revenue in Ohio and $145 million in federal tax revenue in 2025.

JUMPSTART SUPPORTED COMPANIES

ECONOMIC OUTPUT

$1.5B

JOBS CREATED & MAINTAINED

8,409

LABOR INCOME

$668M HOUSEHOLDS SUPPORTED

5,586

STATE & LOCAL TAXES

$61M FEDERAL TAXES

$145M 8

678 companies supported by JumpStart in Ohio responded to a survey in 2025. 425 (63%) companies overall, 210 out of 335 (63%) companies led by

women, 116 out of 194 (60%) companies led by Black entrepreneurs and 50 out of 73 (68%) companies led by Latino/Hispanic entrepreneurs responded to a survey AND provided adequate survey information for modeling.

9

21

In some, but not all cases, companies may have received services through ESP Network Partners or have received investment from JumpStart-affiliated

funds.

10

Direct, indirect and induced impacts are only calculable for modelable companies

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JumpStart Supported Companies DIRECT

INDIRECT & INDUCED

TOTAL

$751,468,000

$778,243,000

$1,529,711,000

4,439

3,970

8,409

$417,017,000

$250,815,000

$667,832,000

2,949

2,637

5,586

State & Local Taxes

$23,733,000

$36,827,000

$60,560,000

Federal Taxes

$86,035,000

$59,211,000

$145,246,000

$298,602,000

$240,627,000

$539,229,000

1,604

1,232

2,836

$106,187,000

$76,985,000

$183,172,000

1,065

819

1,884

$7,147,000

$10,977,000

$18,124,000

$21,652,000

$18,199,000

$39,851,000

$51,519,000

$59,523,000

$111,042,000

Total Companies Economic Output Jobs Labor Income Households Supported

Companies Led by Women Economic Output Jobs Labor Income Households Supported State & Local Taxes Federal Taxes

Companies Led by Black Entrepreneurs Economic Output Jobs

748

307

1,055

$35,675,000

$19,099,000

$54,774,000

497

204

701

State & Local Taxes

$2,741,000

$2,904,000

$5,645,000

Federal Taxes

$7,501,000

$4,517,000

$12,018,000

$25,127,000

$24,121,000

$49,248,000

358

125

483

$12,185,000

$7,740,000

$19,925,000

238

83

321

Labor Income Households Supported

Companies Led by Latino/Hispanic Entrepreneurs Economic Output Jobs Labor Income Households Supported State & Local Taxes

$803,000

$1,149,000

$1,952,000

Federal Taxes

$2,545,000

$1,827,000

$4,372,000

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The following map depicts the geographic distribution by county of direct jobs created and maintained in Ohio by companies11 supported by JumpStart.

JumpStart Supported Companies – Direct Jobs Created and Maintained in Ohio

11

23

Jobs represented in the map include jobs created by modelable companies only.

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JUMPSTART + PARTNERS SUPPORTED TECH STARTUPS ECONOMIC IMPACTS This section analyzes the 2025 economic impact of tech startup companies supported by JumpStart and its ESP Network Partners through funding and services.

These services are supported by Ohio’s Entrepreneurial Services Provider (ESP) Program, a part of the technologybased economic development initiative known as Ohio Third Frontier. JumpStart and 13 Partner organizations operate out of Northeast Ohio, and 3 Partner organizations12 operate out of Northwest Ohio. Together, this ESP Network provides entrepreneurial assistance to technology startups located across these regions and the state.

JumpStart + Partners Supported Tech Startups includes three segments, each modeled separately. Companies may be represented in more than one segment. These segments include: • JumpStart Serviced Tech Companies — Companies that received business advisory services directly from JumpStart in 2025 or earlier.

• JumpStart Funded Tech Companies — Companies that received equity investment from JumpStartaffiliated funds in 2025 or earlier.

• Network Serviced Tech Companies — Companies that received services from one or more ESP Partner organizations in 2025 or earlier.

Impacts are also modeled for tech companies led by women, Black entrepreneurs and Latino/Hispanic entrepreneurs in all instances where at least two modelable companies exist within a segment. In addition, JumpStart + Partners Supported Tech Startups impacts are estimated for companies that participated in the Trailblazer Accelerator Program, a three-month accelerator for pre-seed and seed-stage health tech and software startups that provides advising, access to mentors and experts, non-dilutive funding opportunities, and connections to investment resources. Trailblazer completed its first full year of programming in 2025.

The areas of analysis in this section are highlighted in orange in the matrix below.

Total Companies

Companies Led by Women

Companies Led by Black Entrepreneurs

Companies Led by Latino/Hispanic Entrepreneurs

Impact Program Companies

Trailblazer Accelerator Companies

CapitalReady Companies

ScaleReady Companies

JumpStart + Partners Supported Companies JumpStart Supported Companies JumpStart + Partners Supported Tech Startups JumpStart Serviced Tech Companies JumpStart Funded Tech Companies Network Serviced Tech Companies

JumpStart Supported Small Businesses Orange models are in this section of the report

12

Northeast and Northwest Ohio ESP Network Partners in 2025 include Bounce Innovation Hub, Braintree Business Development Center, BRITE Energy

Innovators, Case Western Reserve University (CWRU), Cleveland Clinic, Cleveland Water Alliance, Great Lakes Innovation and Development Enterprise (GLIDE), Lakeland Community College, The Manufacturing Advocacy & Growth Network (MAGNET), Mercy Health, Northeast Ohio Medical University (NEOMED), Ohio Aerospace Institute (OAI), ProMedica, University of Akron Research Foundation (UARF), University of Toledo (UT) and YBI.

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JumpStart + Partners Supported Tech Startups13 In 2025, tech companies supported with services and/or funding provided by JumpStart and/or its ESP Network Partners contributed an estimated $1.8 billion of economic activity across Ohio. This includes an estimated $480 million of economic activity associated with companies led by women, $67 million associated with companies led by Black entrepreneurs and $36 million associated with companies led by Latino/Hispanic entrepreneurs. An estimated $36M of economic activity was associated with JumpStart’s Trailblazer Accelerator Program (TAP) companies.14 These tech startup companies supported an estimated 9,236 total jobs15 in Ohio. Of these jobs, 1,980 were associated with the economic activity of companies led by women, 510 with companies led by Black entrepreneurs and 204 with companies led by Latino/Hispanic entrepreneurs. 370 jobs were associated with the economic activity of TAP companies.

Jobs supported by tech companies receiving services and/or funding had approximately $817 million of associated annual labor income, including benefits, and sustained an estimated 6,135 households in Ohio.

These companies generated an estimated $70 million in state and local tax revenue in Ohio and $177 million in federal tax revenue in 2025.

JUMPSTART + PARTNERS SUPPORTED TECH STARTUPS

ECONOMIC OUTPUT

$1.8B

JOBS CREATED & MAINTAINED

9,236

LABOR INCOME

$817M HOUSEHOLDS SUPPORTED

6,135

STATE & LOCAL TAXES

$70M FEDERAL TAXES

$177M 13

643 companies supported by JumpStart and its Partners’ Tech ESP services and funding in Ohio responded to a survey in 2025. 318 (49%) companies

overall, 88 out of 195 (45%) companies led by women, 36 out of 82 (44%) companies led by Black entrepreneurs, 16 out of 26 (62%) companies led by Latino/Hispanic entrepreneurs and 39 out of 64 (61%) Trailblazer Accelerator Program Companies responded to a survey AND provided adequate survey information for modeling.

25

14

2025 marked the first full year of Trailblazer Accelerator graduations. The program is designed for pre-seed and seed-stage software and health tech

startups.

15

Direct, indirect and induced impacts are only calculable for modelable companies

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JumpStart + Partners Supported Tech Startups DIRECT

INDIRECT & INDUCED

TOTAL

$833,255,000

$920,442,000

$1,753,697,000

4,550

4,686

9,236

$520,573,000

$296,844,000

$817,417,000

3,022

3,113

6,135

State & Local Taxes

$25,719,000

$44,162,000

$69,881,000

Federal Taxes

$107,315,000

$70,097,000

$177,412,000

$268,525,000

$211,964,000

$480,489,000

892

1,088

1,980

$92,764,000

$68,606,000

$161,370,000

592

723

1,315

State & Local Taxes

$5,592,000

$9,656,000

$15,248,000

Federal Taxes

$18,882,000

$16,174,000

$35,056,000

$29,483,000

$37,359,000

$66,842,000

Total Companies Economic Output Jobs Labor Income Households Supported

Companies Led by Women Economic Output Jobs Labor Income Households Supported

Companies Led by Black Entrepreneurs Economic Output Jobs Labor Income

316

194

510

$22,985,000

$12,311,000

$35,296,000

210

129

339

$970,000

$1,835,000

$2,805,000

$4,689,000

$2,890,000

$7,579,000

$18,453,000

$17,235,000

$35,688,000

114

90

204

$7,369,000

$5,767,000

$13,136,000

76

60

136

Households Supported State & Local Taxes Federal Taxes

Companies Led by Latino/Hispanic Entrepreneurs Economic Output Jobs Labor Income Households Supported State & Local Taxes

$468,000

$812,000

$1,280,000

Federal Taxes

$1,541,000

$1,344,000

$2,885,000

$16,708,000

$18,957,000

$35,665,000

278

92

370

$10,255,119

$6,060,881

$16,316,000

Trailblazer Accelerator Program Companies Economic Output Jobs Labor Income Households Supported

185

61

246

State & Local Taxes

$573,000

$904,000

$1,477,000

Federal Taxes

$2,148,000

$1,434,000

$3,582,000

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The following map depicts the geographic distribution by county of direct jobs created and maintained in Ohio by tech startups16 supported by JumpStart and its ESP Network partners.

JumpStart + Partners Supported Tech Startups – Direct Jobs Created and Maintained in Ohio

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27

Jobs represented in the map include jobs created by modelable companies only.

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JumpStart Serviced Tech Companies17 In 2025, companies supported through JumpStart services contributed an estimated $1.4 billion of economic activity in Ohio. This total includes an estimated $464 million of economic activity associated with companies led by women, $65 million associated with companies led by Black entrepreneurs and $30 million associated with companies led by Latino/Hispanic entrepreneurs.

These JumpStart Serviced Tech Companies supported an estimated 7,008 total jobs in Ohio18. Of these jobs, 1,827 were associated with the economic activity of companies led by women, 460 with the companies led by Black entrepreneurs and 177 with companies led by Latino/Hispanic entrepreneurs.

The jobs supported by the JumpStart Serviced Tech Companies had approximately $621 million of associated annual labor income, including benefits and sustained an estimated 4,655 households in Ohio. These companies generated an estimated $55 million in state and local tax revenue in Ohio and $135 million in federal tax revenue in 2025.

403 companies supported by JumpStart services in Ohio responded to a survey in 2025. 242 (60%) companies overall, 75 out of 130 (58%) companies led

17

by women, 32 out of 62 (52%) companies led by Black entrepreneurs and 12 out of 19 (63%) companies led by Latino/Hispanic entrepreneurs responded to a survey AND provided adequate survey information for modeling.

18

Direct, indirect and induced impacts are only calculable for modelable companies.

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JumpStart Serviced Tech Companies DIRECT

INDIRECT & INDUCED

TOTAL

$699,725,000

$723,995,000

$1,423,720,000

3,315

3,693

7,008

$386,477,000

$234,255,000

$620,732,000

2,202

2,453

4,655

State & Local Taxes

$20,392,000

$34,231,000

$54,623,000

Federal Taxes

$79,580,000

$55,246,000

$134,826,000

$261,571,000

$202,167,000

$463,738,000

788

1,039

1,827

$86,706,000

$65,347,000

$152,053,000

523

691

1,214

State & Local Taxes

$5,340,000

$9,173,000

$14,513,000

Federal Taxes

$17,628,000

$15,411,000

$33,039,000

$28,781,000

$35,739,000

$64,520,000

Total Companies Economic Output Jobs Labor Income Households Supported

Companies Led by Women Economic Output Jobs Labor Income Households Supported

Companies Led by Black Entrepreneurs Economic Output Jobs Labor Income

275

185

460

$21,653,000

$11,806,000

$33,459,000

183

123

306

Households Supported State & Local Taxes

$918,000

$1,752,000

$2,670,000

Federal Taxes

$4,417,000

$2,769,000

$7,186,000

$15,526,000

$14,455,000

$29,981,000

101

76

177

$6,329,000

$4,797,000

$11,126,000

67

51

118

Companies Led by Latino/Hispanic Entrepreneurs Economic Output Jobs Labor Income Households Supported

29

State & Local Taxes

$412,000

$682,000

$1,094,000

Federal Taxes

$1,314,000

$1,122,000

$2,436,000

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JumpStart Funded Tech Companies19 In 2025, companies with investment from JumpStart-affiliated funds contributed an estimated $1 billion of economic activity across Ohio. This total includes an estimated $365 million of economic activity associated with companies led by women, $40 million associated with companies led by Black entrepreneurs and $693,000 associated with companies led by Latino/Hispanic entrepreneurs.

These JumpStart Funded Tech Companies supported an estimated 4,610 total jobs20 in Ohio. Of these jobs, 1,190 were associated with the economic activity of companies led by women, 196 with companies led by Black entrepreneurs and 14 with companies led by Latino/Hispanic Entrepreneurs.

The jobs supported by the JumpStart Funded Tech Companies had approximately $465 million of associated annual labor income, including benefits, and sustained an estimated 3,062 households in Ohio.

These companies generated an estimated $39 million in state and local tax revenue in Ohio and $101 million in federal tax revenue in 2025.

JUMPSTART FUNDED TECH COMPANIES

ECONOMIC OUTPUT

$1.0B

JOBS CREATED & MAINTAINED

4,610

LABOR INCOME

$465M HOUSEHOLDS SUPPORTED

3,062

STATE & LOCAL TAXES

$39M FEDERAL TAXES

$101M 19

71 companies supported by JumpStart funding in Ohio responded to a survey in 2025. 67 (94%) companies overall, 14 out of 16 (88%) companies led

by women, eight out of nine (89%) companies led by Black entrepreneurs and two out of two (100%) companies led by Latino/Hispanic entrepreneurs responded to a survey AND provided adequate survey information for modeling.

20

Direct, indirect and induced impacts are only calculable for modelable companies.

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JumpStart Funded Tech Companies DIRECT

INDIRECT & INDUCED

TOTAL

$493,782,000

$524,516,000

$1,018,298,000

1,907

2,703

4,610

$296,296,000

$168,907,000

$465,203,000

1,267

1,795

3,062

State & Local Taxes

$13,931,000

$24,851,000

$38,782,000

Federal Taxes

$60,651,000

$39,917,000

$100,568,000

$211,817,000

$153,345,000

$365,162,000

390

800

1,190

$62,058,000

$49,798,000

$111,856,000

259

531

790

State & Local Taxes

$3,751,000

$6,850,000

$10,601,000

Federal Taxes

$12,294,000

$11,726,000

$24,020,000

$20,313,000

$19,568,000

$39,881,000

Total Companies Economic Output Jobs Labor Income Households Supported

Companies Led by Women Economic Output Jobs Labor Income Households Supported

Companies Led by Black Entrepreneurs Economic Output Jobs Labor Income

96

100

196

$9,407,000

$6,578,000

$15,985,000

64

66

130

Households Supported State & Local Taxes

$491,000

$908,000

$1,399,000

Federal Taxes

$1,913,000

$1,530,000

$3,443,000

$271,000

$422,000

$693,000

11

3

14

$338,000

$131,000

$469,000

7

2

9

Companies Led by Latino/Hispanic Entrepreneurs Economic Output Jobs Labor Income Households Supported

31

State & Local Taxes

$15,000

$21,000

$36,000

Federal Taxes

$72,000

$31,000

$103,000

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Network Serviced Tech Companies21 In 2025, companies supported through ESP Network services22 contributed an estimated $1.3 billion of economic activity across Ohio. This total includes an estimated $137 million of economic activity associated with companies led by women, $27 million associated with companies led by Black entrepreneurs and $16 million associated with companies led by Latino/Hispanic entrepreneurs.

These Network Serviced Tech Companies supported an estimated 7,156 total jobs23 in Ohio. Of these jobs, 861 were associated with the economic activity of companies led by women, 328 with companies led by Black entrepreneurs and 113 with companies led by Latino/Hispanic entrepreneurs.

The jobs supported by the Network Serviced Tech Companies had approximately $630 million of associated annual labor income, including benefits, and sustained an estimated 4,753 households in Ohio.

These companies generated an estimated $54 million in state and local tax revenue in Ohio and $137 million in federal tax revenue in 2025.

NETWORK SERVICED TECH COMPANIES

ECONOMIC OUTPUT

$1.3B

JOBS CREATED & MAINTAINED

7,156

LABOR INCOME

$630M HOUSEHOLDS SUPPORTED

4,753

STATE & LOCAL TAXES

$54M FEDERAL TAXES

$137M 21

576 companies supported by ESP Network services in Ohio responded to a survey in 2025. 269 (47%) companies overall, 72 out of 175 (41%) companies led

by women, 27 out of 69 (39%) companies led by Black entrepreneurs and 12 out of 21 (57%) companies led by Latino/Hispanic entrepreneurs responded to a survey AND provided adequate survey information for modeling.

22

JumpStart is part of the ESP Network and has provided services to some of these companies. In some cases, companies also received investment from

JumpStart-affiliated funds.

23

Direct, indirect and induced impacts are only calculable for modelable companies.

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Network Serviced Tech Companies DIRECT

INDIRECT & INDUCED

TOTAL

$571,940,000

$694,456,000

$1,266,396,000

3,656

3,500

7,156

$406,192,000

$223,498,000

$629,690,000

2,428

2,325

4,753

State & Local Taxes

$20,165,000

$33,607,000

$53,772,000

Federal Taxes

$84,303,000

$52,784,000

$137,087,000

$67,101,000

$70,023,000

$137,124,000

516

345

861

$37,089,000

$22,288,000

$59,377,000

343

229

572

State & Local Taxes

$2,130,000

$3,342,000

$5,472,000

Federal Taxes

$7,909,000

$5,279,000

$13,188,000

$9,597,000

$17,887,000

$27,484,000

Total Companies Economic Output Jobs Labor Income Households Supported

Companies Led by Women Economic Output Jobs Labor Income Households Supported

Companies Led by Black Entrepreneurs Economic Output Jobs Labor Income

233

95

328

$14,132,000

$5,707,000

$19,839,000

155

63

218

Households Supported State & Local Taxes

$508,000

$913,000

$1,421,000

Federal Taxes

$2,893,000

$1,360,000

$4,253,000

$8,109,000

$8,057,000

$16,166,000

73

40

113

$3,423,000

$2,753,000

$6,176,000

48

27

75

State & Local Taxes

$179,000

$375,000

$554,000

Federal Taxes

$722,000

$637,000

$1,359,000

Companies Led by Latino/Hispanic Entrepreneurs Economic Output Jobs Labor Income Households Supported

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JUMPSTART SUPPORTED SMALL BUSINESSES ECONOMIC IMPACTS This section examines the economic impact of small businesses that received technical assistance and educational programming from JumpStart. Services are provided at no cost through the generous support of KeyBank Foundation, Cleveland Foundation, Cleveland Browns, City of Cleveland, CliftonLarsonAllen (CLA), Cuyahoga County, Gessner Family Foundation, Huntington Bank, Local Initiatives Support Corporation (LISC), Nestlé, PNC Foundation, Stark Community Foundation, Stark Economic Development Board and Stark County Port Authority.

JumpStart provides a range of support for scaling small businesses, including free one-on-one business advising, accelerator programs, educational workshops and networking, resource connections and access to capital. Impacts are estimated for the following JumpStart small business offerings: • Impact Program – A 12-week intensive for revenue-generating small businesses that helped participants develop financial projections, collaborate with peers and refine capital pitches. Each cohort concluded with an Entrepreneur Showcase, where participants presented their businesses and competed for grant funding.

• ScaleReady Program – Designed for established small business owners preparing to move beyond the founder-led stage, ScaleReady helps entrepreneurs build the systems, processes and mindset needed for sustainable growth. Participants receive hands-on instruction, practical tools, expert coaching and a $5,000 services stipend.

• CapitalReady Program – A four-month accelerator for established lower middle market businesses focused on cash flow management, financial strategy, growth planning, leadership development and exit readiness. Graduates receive up to $20,000 to support implementation of their business plans.

The impacts for all small business programs are also modeled for companies led by women, Black entrepreneurs and Latino/Hispanic entrepreneurs. Companies may fall into more than one of these six segments. The analysis area in this section is highlighted in orange in the matrix below.

Total Companies

Companies Led by Women

Companies Led by Black Entrepreneurs

Companies Led by Latino/Hispanic Entrepreneurs

Impact Program Companies

Trailblazer Accelerator Companies

CapitalReady Companies

ScaleReady Companies

JumpStart + Partners Supported Companies JumpStart Supported Companies JumpStart + Partners Supported Tech Startups JumpStart Serviced Tech Companies JumpStart Funded Tech Companies Network Serviced Tech Companies

JumpStart Supported Small Businesses Orange models are in this section of the report

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JumpStart Supported Small Businesses24 In 2025, small businesses supported through JumpStart directly and indirectly contributed an estimated $131 million in economic activity across Ohio. This total includes an estimated $77 million of economic activity associated with companies led by women, $50 million with companies led by Black entrepreneurs and $19 million with companies led by Latino/Hispanic entrepreneurs.

This total economic activity also includes $60 million associated with Impact Program Participants, $20 million with CapitalReady Program Participants and $9 million with ScaleReady Program Participants. As newer offerings with only one graduating cohort each, CapitalReady and ScaleReady are expected to see their impact grow over time.

These small businesses supported an estimated 1,564 total jobs25 in Ohio. Of these jobs, 1,019 were associated with companies led by women, 617 with companies led by Black entrepreneurs and 306 with companies led by Latino/Hispanic entrepreneurs.

Further, 678 of the total jobs were associated with the economic activity of Impact Program participants, 122 with CapitalReady Program participants and 124 with ScaleReady Program participants.

Jobs supported by small businesses assisted by JumpStart had approximately $56 million of associated annual labor income, including benefits, and sustained an estimated 1,039 households across Ohio.

These companies generated an estimated $7 million in state and local tax revenue in Ohio and $12 million in federal tax revenue in 2025.

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JUMPSTART SUPPORTED SMALL BUSINESSES

ECONOMIC OUTPUT

$131M

JOBS CREATED & MAINTAINED

1,564

LABOR INCOME

$56M HOUSEHOLDS SUPPORTED

1,039

STATE & LOCAL TAXES

$7M

FEDERAL TAXES

$12M

295 companies supported by JumpStart’s small business work in Ohio responded to a survey in 2025. 194 (66%) companies overall, 137 out of 211 (65%)

companies led by women, 86 out of 137 (63%) companies led by Black entrepreneurs, 38 out of 54 (70%) companies led by Latino/Hispanic entrepreneurs, 81 out of 94 (86%) Impact Program Participants, 10 out of 10 (100%) ScaleReady Companies and five out of five (100%) CapitalReady Companies responded

35

to a survey AND provided adequate survey information for modeling.

25

Direct, indirect and induced impacts are only calculable for modelable companies.

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JumpStart Supported Small Businesses DIRECT

INDIRECT & INDUCED

TOTAL

$64,215,000

$66,827,000

$131,042,000

1,225

339

1,564

$35,438,000

$20,504,000

$55,942,000

814

225

1,039

State & Local Taxes

$3,739,000

$3,168,000

$6,907,000

Federal Taxes

$7,491,000

$4,885,000

$12,376,000

$37,827,000

$39,020,000

$76,847,000

Total Companies Economic Output Jobs Labor Income Households Supported

Companies Led by Women Economic Output Jobs

821

198

1,019

$19,738,000

$11,817,000

$31,555,000

545

132

677

State & Local Taxes

$1,840,000

$1,830,000

$3,670,000

Federal Taxes

$4,076,000

$2,830,000

$6,906,000

$24,653,000

$25,793,000

$50,446,000

485

132

617

$14,869,000

$7,973,000

$22,842,000

322

88

410

Labor Income Households Supported

Companies Led by Black Entrepreneurs Economic Output Jobs Labor Income Households Supported State & Local Taxes

$1,867,000

$1,265,000

$3,132,000

Federal Taxes

$3,257,000

$1,906,000

$5,163,000

$9,601,000

$9,666,000

$19,267,000

257

49

306

$5,857,000

$2,942,000

$8,799,000

Companies Led by Latino/Hispanic Entrepreneurs Economic Output Jobs Labor Income Households Supported

171

32

203

State & Local Taxes

$391,000

$467,000

$858,000

Federal Taxes

$1,231,000

$705,000

$1,936,000

36

J U M P STA RT S U P P O RT E D S M A L L B U S I N E S S E S E C O N O M I C I M PAC TS

•

J U M P STA RT 2 0 2 5 E C O N O M I C I M PAC T R E P O RT

JumpStart Supported Small Businesses (continued) DIRECT

INDIRECT & INDUCED

TOTAL

$27,985,000

$31,741,000

$59,726,000

Impact Program Companies Economic Output Jobs

517

161

678

$17,546,283

$9,699,717

$27,246,000

344

106

450

State & Local Taxes

$1,670,000

$1,526,000

$3,196,000

Federal Taxes

$3,596,000

$2,320,000

$5,916,000

$9,768,000

$9,983,000

$19,751,000

Labor Income Households Supported

CapitalReady Program Companies Economic Output Jobs Labor Income Households Supported

72

50

122

$3,855,676

$3,182,324

$7,038,000

48

33

81

State & Local Taxes

$320,000

$447,000

$767,000

Federal Taxes

$815,000

$738,000

$1,553,000

$4,160,000

$5,003,000

$9,163,000

98

26

124

$3,006,258

$1,523,742

$4,530,000

ScaleReady Program Companies Economic Output Jobs Labor Income Households Supported

37

65

17

82

State & Local Taxes

$263,000

$244,000

$507,000

Federal Taxes

$595,000

$365,000

$960,000

J U M P STA RT S U P P O RT E D S M A L L B U S I N E S S E S E C O N O M I C I M PAC TS

•

J U M P STA RT 2 0 2 5 E C O N O M I C I M PAC T R E P O RT

The following map depicts the geographic distribution by county of direct jobs created and maintained in Ohio by small businesses26 supported by JumpStart.

JumpStart Supported Small Businesses – Direct Jobs Created and Maintained in Ohio

26

Jobs represented in the map include jobs created by modelable companies only.

38

WE HELP ENTREPRENEURS

GROW.

1974 E. 66th St., Suite 200 • Cleveland, OH 44103

jumpstartinc.org JumpStart Inc. is a nonprofit, 501(c)(3) entrepreneurial support organization