Thu, 10 April 2014
On April 7 at the 2014 Northeast Ohio Entrepreneur Expo, four seasoned Midwest investors came together for a conversation about the challenges and opportunities companies in the middle of the country face when it comes to funding. The one-hour panel discussion, "Attracting Capital Between the Coasts," explored the changes in VC and angel investing in the U.S., and how these impact entrepreneurs in Ohio and in the Midwest. Topics the investors covered include the advantages of launching startups in the Midwest; where they see the funding landscape going in the future; and what stakeholders and legislators can do to encourage more investment in the coming years.
Moderated by Crain’s Cleveland Business publisher John Campanelli, the panel featured Drive Capital Co-Founder Mark Kvamme, Allos Ventures Co-Founder and Managing Director John C. McIlwraith, JumpStart Inc. CEO Ray Leach and Draper Triangle Ventures Managing Director Jay Katarincic.
Wed, 2 April 2014
A new trade association is bringing together the groups, organizations, investors and corporations that help Ohio entrepreneurs access the capital they need to grow.
VentureOhio plans to work on making Ohio’s increasingly robust entrepreneurial scene more self-sustaining by building a more cohesive network, advocating for entrepreneur- and investor-friendly policies, sharing the State’s story—and its successes—broadly, and helping to develop more sources of early-stage Ohio equity capital. “We’re at a point where [current efforts have] supported the creation of a lot of new companies that will need increasing levels of financing as the successful ones mature,” explains VentureOhio president Frank Samuel.
In this podcast, Samuel, board member Lisa Delp and secretary/treasurer Stephen Haynes talk to Samantha Fryberger about the group’s goals, Ohio’s challenges and opportunities when it comes to investment capital, and why this was the right time to launch this type of coordinated effort.