Does JumpStart focus on any particular types of businesses?
Yes and no. First and foremost, JumpStart funds companies that fit into its target investing criteria, regardless of what industry they are in. However, JumpStart expects to see a significant number of businesses that are in areas particularly strong in Northeast Ohio: the IT, advanced materials, and biosciences industries. Because investing in the bioscience industry requires a unique set of skills and knowledge, JumpStart expects to work closely with BioEnterprise on these particular opportunities.
Yes and no. JumpStart Ventures funds companies that fit into its target investing criteria, regardless of what industry they are in. JumpStart Inclusion Advisors work with companies and entrepreneurs that are at least 51% owned bya woman or are 51% owned by an entrepreneur who is African-American, Hispanic- American, or Asian-American. JumpStart TechLift Advisors works with entrepreneurs and ventures which are in the 5 Signature industries that TechLift supports. All the companies with which these three businesses work should have high potential for significant growth and impact in the community.