the Impact
JumpStart is just one member of the JumpStart Entrepreneurial Network and just one funding recipient
…of a Network and a State
of the Ohio Third Frontier. Both have achieved results greater than any single organization.
JumpStart Entrepreneurial Network
Ohio Third Frontier
The three-year-old JumpStart Entrepreneurial Network
Ohio Third Frontier is a technology-
(formerly known as TechLift) is a connected group of our region’s entrepreneurial support entities, all funded by Ohio Third Frontier. Members* of the JumpStart Entrepreneurial Network include:
based initiative of the State of Ohio that is successfully changing the trajectory of the economy in Ohio. It has contributed to Northeast Ohio’s success through the
## The region’s incubators including MAGNET, Great Lakes Innovation and Development Center (GLIDE), Braintree Development Center, Youngstown Business Incubator, and the Akron Global Business Accelerator ## BioEnterprise
programs it funds. But the impact of this program reaches beyond Northeast Ohio; Ohio is rapidly becoming a leader in the country, and the envy of many states, because of its vast system of
## Glengary, LLC
entrepreneurial support programs and
## JumpStart and its programs
the resulting transformation underway.
## JumpStart Higher Education Collaboration Council ## North Coast Angel Fund ## North Coast Opportunities Technology Fund of Cuyahoga County
Ohio Third Frontier Results
## NorTech
Created, attracted, and capitalized
## Innovation Fund founded by Lorain County Community College Foundation
637
companies
## Ohio Aerospace Institute
Created
JumpStart Entrepreneurial Network Results Approached by
7,640 entrepreneurs
Meaningfully engaged with
2,600
entrepreneurs Meaningfully worked with
1,000
client companies
Client companies have Raised
$319 million in follow-on capital
54,983 direct and indirect jobs with the average salary of $65,815 Generated
$6.6 billion in economic activity
Received
$69 million
(Results through December 30, 2009)
in federal and state grants Reached annualized revenues of
$100 million Created and supported
850
direct jobs at an average salary of $67,020 (Results through June 30, 2010) J U M P S TA R T 2 0 1 0 CO M M UNI T Y R E P O R T
*Members of the JumpStart Entrepreneurial Network are entities in Northeast Ohio that have received funding from Ohio Third Frontier’s Entrepreneurial Signature Program. 11