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Venture Capital : Featured Stories

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AOL founder Steve Case touts Ohio's innovation economy as an example of the 'rise of the rest'

Steve Case recently came to Cleveland to address entrepreneurial leaders from across the country who had gathered for the National Association of Seed and Venture Funds conference. After praising Ohio's innovation economy, he said that the key to creating more jobs in the U.S. is to support entrepreneurs and high-growth companies and argued policy leaders need to do more to spur innovation.

national conference will highlight investment opportunities in ohio

It's never been easier to validate an idea and launch a new company. Yet access to capital remains a critical issue for entrepreneurs. The upcoming National Association of Seed and Venture Funds Conference, to be held in Cleveland from October 15th-17th, will bring together a community of aspiring entrepeneurs and investors to explore ways to advance innovation capital.

make it here, there or anywhere: crowdfunding fuels startup companies in surprising places

Thanks to crowdfunding sites like Kickstarter, entrepreneurs often overlooked by traditional investment sources are securing much-needed capital to launch their startups. In addition to raising cash, these sites are proving invaluable for testing new ideas, developing a customer base, gaining exposure, and launching ideas into a larger marketplace.

appalachian innovation: ohio university's innovation center builds next-gen entrepreneurs

Southeast Ohio may be off the beaten track, but it is also home to some of the state's fastest growing companies. Many of these startups are propelled to success by the Ohio University Innovation Center, which offers flexible, ready-to-go office space, mentoring and proximity to a growing roster of creative companies.

success of venture capital firms shows that ohio is a leader in investment opportunities

If you're looking for evidence that venture capitalists are increasingly flocking to Ohio, look no further than the success of Athenian Venture Partners, whose 2003 AVP Ohio fund was recently ranked the top fund of its vintage by Preqin. That success is testament to the increasingly vibrant entrepreneurial ecosystem in Ohio, which is drawing venture capital.

great lakes venture fair will showcase ohio tech startups

On the heels of London's breathtaking Olympic Games comes the Elevator Pitch Olympics. Startup companies will soon have the chance to pitch their ideas to venture capitalists for about as long as it takes to ride an elevator to the 50th floor. That's just one of the events at the upcoming Great Lakes Venture Fair, which takes place October 15th-17th in Cleveland.

youngstown business incubator nourishes a vibrant tech sector

In the past decade, the Youngstown Business Incubator has created more than 400 software jobs in downtown Youngstown. Nearly all of these 32 companies are still in the heart of the Mahoning Valley. hiVelocity recently caught up with YBI Chief Evangelist Jim Cossler to talk about Youngstown's burgeoning tech scene and his unusual model of not graduating companies.

three toledo entrepreneurs worth watching

Toledo's tech entrepreneurs say that Northwest Ohio is nourishing startups by offering funding, business support and peer-to-peer collaboration. Can the growing entrepreneurial scene here bring new life to this traditional manufacturing town? Here's a look at three Toledo companies -- Classbag, Netronex and Seed Coworking -- shaking things up in The Glass City.

history of innovation: dayton mounts a comeback based on young professionals

Despite its rich, historic assets, the City of Dayton has for decades been outcompeted by larger cities when it comes to attracting young professionals. Now city leaders are launching a broad effort to change that by focusing on recruiting and retaining college graduates through internship programs and other opportunities.

physician inventors flock to ohio

In recent years, Ohio has become home to a bevy of physician inventors, thanks in part to the presence of leading health care institutions, a supportive web of entrepreneurial programs and critical early stage capital.  hiVelocity takes a peek at some of these docs' latest inventions, how they were created and how they'll benefit patient care.

inspired by ohio third frontier, national group relocates offices to lorain county community college

A not-so-quiet revolution is taking place at the Entrepreneurship Innovation Center at Lorain County Community College. The organizations and companies located here are helping to propel Ohio's innovation economy forward. Now its newest tenant, the National Association of Seed and Venture Funds, is launching educational programs and a national conference to build on the momentum.

immigrant entrepreneurs fuel revival of cincinnati's short vine district

Terry Chan arrived in Cincinnati by way of Hong Kong and Carnegie Mellon University. His bold, forward-thinking plans for the Short Vine Innovation District reflect an international perspective on successful urban development. With the help of both new and long-term investors, Chan is now helping to create a technological hub of vibrant, early-stage businesses that's built to last.

from wall street to main street: will equity-based crowdfunding help to grow ohio startups?

Equity-based crowdfunding will allow everyone the opportunity to become a venture capitalist. But is this a good thing? Remember the dot-com bubble that burst in the 1990s? Yet while crowdfunding brings a certain amount of risk, even skeptics say that it has the potential to bring an important source of new capital to Ohio. The emerging phenomenon could also empower a new class of investors.

Rich Langdale: entrepreneur, venture capitalist, mentor

Serial entrepreneurs can be found in every community and corner of Ohio. Finding a serial entrepreneur-turned venture capitalist is rarer. Rich Langdale is one of those.

Mike Figliuolo: Angel funder, entrepreneur, thought leader

Mike Figliuolo is a former Army officer, McKinsey and Company consultant, Capital One Financial strategist, and a VP for Scotts Lawn Service. Today, he runs a practitioner-led leadership training firm, is an angel investor for tech startups, heads several web-based businesses and is a principal at a Dublin business accelerator. Oh, and he's writing a book. It's an unwieldy job description, but Figliuolo makes it simple: "I'm a parallel entrepreneur."
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