JumpStart Inc.

In 2012, there were nearly 1,300 incubators in the United States. The 2012 State of the Business Incubation Industry report revealed that around 93% of those incubators were nonprofit organizations focused on economic development and about 47% of them operated in urban areas. In Greater Cleveland, there are a number of incubators that, while working in their individual communities, are part of a connected Network of entrepreneurial resources—including seed funds, accelerators and mentors—across the region. JumpStart's Samantha Fryberger sat down with Jim Cossler, Chief Evangelist and Entrepreneurial Expert of the Youngstown Business Incubator, George Buzzy, Executive Director of TECHudson, Bob Cohen, CEO and Director Of Business Assistance of the Braintree Business Development Center, and Dave Crain, Director of Entrepreneurial Services for The Incubator at MAGNET, to learn more about their individual missions, benefits and collective impact when it comes to accelerating high potential companies.

Direct download: Incubator-Final.mp3
Category:general -- posted at: 2:53pm EST

In 2012, 108 Northeast Ohio companies raised $212 million in equity capital from angel and venture capitalists to grow their businesses. Still, the process of raising capital is a struggle for many, if not most, entrepreneurs. Imagine convincing potential investors—especially ones you don’t know—to put money into your company above other opportunities. It requires, among other things, technique, a strong business model and confidence.JumpStart's Samantha Fryberger sat down with a succesful fundraiser (Onshift CEO Mark Woodka) and an investor (Karen Spilizewski of Rivervest Venture Partners) to to find out what else it takes to get the money your company needs to grow.

Direct download: Funding-Pitching-Final.mp3
Category:general -- posted at: 4:17pm EST

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