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Lorain County Community College, Austen BioInnovation Institute form partnership

Lorain County Community College and the Austen BioInnovation Institute in Akron have formed a partnership, which the two groups suggest will accelerate the commercialization of medical technologies.

Together, the organizations say they will expand access to capital to move medical discoveries to market by exploring the creation of a pre-seed fund, which would be built on the success of LCCC's Innovation Fund, which gives startups grants. The fund would provide money to qualifying technologies developed through the research and development work of the two organizations.