Utilizing Early Stage Capital to Create New Companies

Starting New Ventures in Your Region

Your region has lost most of its base manufacturing jobs, unemployment is at historic highs,state and local deficits continue to rise, local elected officials talk more and more about raising taxes, and your local banks are not lending money. The public and private sectors, as well as the community, are looking to you as an economic development professional to lead them out of this downward economic spiral. This article focuses on a strategy in Northwest Ohio that

combines the traditional tools of economic development with the financial resources of an early-stage venture capital fund to create a unique economic model that creates new companies and more importantly new employment opportunities.

Full article below.