The Blackstone LaunchPad is a national model for fostering entrepreneurship through higher education. It encourages entrepreneurial thinking and activity among undergraduate and graduate students, as well as faculty and alumni for the purpose of incubating a new generation of entrepreneurs. The first LaunchPad debuted at the University of Miami, and it has now spread to other campuses including Case Western Reserve University, Baldwin Wallace, Kent State University and Lorain County Community College.
An Office of Community Technology Transfer being piloted at Lorain County Community College in northeast Ohio was specifically created to fill the invention gap between research institutions and the greater community.
A group of students from Case Western Reserve University in Cleveland, Ohio won the $20,000 first place prize this weekend in the 10th annual Stu Clark Investment Competition at the Fort Garry Hotel. Their business pitch, Disease Diagnostics, was for a new way to diagnose malaria that is already receiving interest from health authorities in malaria-affected regions.
Akron, Ohio-based mobile health application service provider iRxReminder Llc has bagged $250,000 for its seed financing round, a statement about the funding said.
Seven local startup companies have received a total of $400,000 in grants from the Innovation Fund in Lorain County. Three companies received $100,000 and four received $25,000.
The Ohio Third Frontier Commission on Wednesday approved more than $15.8 million in grants and loans for cutting-edge technology companies and startups based in Northeast Ohio.