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4 Innovation Fund Winners Chosen as the Best Tech Startups in Cleveland for 2020

The Tech Tribune recently released a list of the best tech startups in Cleveland for 2020. Out of the ten companies chosen, 4 of them were Innovation Fund NEO award winners. These companies are Heureka Software, BoxCast, iRx Reminder, and FarmFare.

Heureka Software: The Heureka Intelligence Platform gives you real-time access to unstructured data on network file systems, servers, VM’s, laptops and desktops in order to respond to eDiscovery requests, comply with GDPR & privacy regulations and to automate information governance policies.

BoxCast: BoxCast is a complete, easy-to-use live streaming solution for organizations. They believe that every event that is watched live should be streamed live.

iRx Reminder: iRx Reminder is a complete tech solution and system for patient activation, medication management & adherence with robust real-time reporting and data capture capability.

FarmFare: Farm Fare is a delivery service, hub management software suite, and mobile shopping app that curates and connects the local food supply chain from source to destination. Founded in Cleveland, Ohio, in April 2016, Farm Fare serves the B2B market, such as restaurants, schools, grocery stores, and food artisans, to distribute the freshest products found within 100 miles of the business. They believe that local food is better food – for people, planet, and profit.

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Innovation Fund Awardee Hedgemon to Compete in NFL Helmet Challenge

The NFL kicked off its helmet challenge with a symposium in Youngstown Thursday.

The NFL Helmet Challenge is offering $3 million in grants and award money to the developer of a new, safer helmet that outperforms current helmets.

About 300 people from around the world, from helmet makers to innovators and experts, have gathered for a series of panels and presentations Thursday and Friday focused on helmet design and innovation, along with concussion prevention.

Emily Kennedy, co-founder and CEO of Cleveland-based Hedgemon, is among the innovators at the symposium vying for the top prize.

“There'll never be another opportunity to be in the same room as all these different sorts of people,” Kennedy said.

Hedgemon has developed a helmet liner inspired by hedgehog quills and Kennedy said the company is hoping to team up with a helmet manufacturer through the challenge to develop a full helmet prototype.

“We're hoping, over the course of these couple of days, we'll develop collaborations with people who can help us with development of the full system,” Kennedy said.

Helmet manufacturers Riddell, Xenith and Vicis were at the symposium.

Challenge participants must submit helmet prototypes for lab testing against impacts by May 2021.

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Innovation Fund Graduate MedCity News Acquired By Breaking Media

Breaking Media, the owner of b-to-b sites like Fashionista, has acquired MedCity News as an attempt to branch into the health-care market.

MedCity News is the leading online news source for the business of innovation in healthcare. It offers insight into what’s next and what matters with a mix of breaking news and analysis on startups, and established industry leaders, personalities, policies and the most important deals.

MedCity News is a recipient of both the Innovation Fund A and B awards, having received $25,000 in June 2009 and $100,000 in March 2010. 

MedCity CEO Chris Seper will join the company's board as the new vice president of healthcare. Along with the CEO, eight staff members from the Cleveland-based editorial will continue working for MedCity after the change of ownership.

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Innovation Fund NEO Recipient RoadPrintz Devises an Inexpensive Way to Paint Lines on Streets

Workers painting lines on resurfaced roads need to wait 40 minutes for the paint to dry before moving on. If they lift the stencils too soon, the paint will smear. RoadPrintz Founder Sam Bell knew there had to be an easier way.

So he decided to develop a special truck equipped with a robotic arm that won’t be scalded by using hot paint that dries in less than a minute. Instead of stencils, it uses GPS measurements guided by a computer.

It typically costs $15,000 per mile for crews to paint road markings. Bell estimates his system can do the same work for only $5,000 per mile, possibly less.

RoadPrintz was an Innovation Fund Northeast Ohio recipient in the 43rd cycle. The startup received the A Award, earning them a total of $25,000. This award allowed them to develop their software and build a robotic connection.

Bell hopes to increase the safety of all road users by making effective visual street markings more affordable and accessible. 

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Biotech Startup CollaMedix Secures Exclusive Licensing Agreement

CollaMedix Inc., a biotech startup based in Shaker Heights, has developed new technology in collaboration with Case Western Reserve University and University Hospitals Cleveland Medical Center. This technology offers a promising potential solution to women's pelvic disorders, such as stress urinary incontinence and pelvic organ prolapse.

CollaMedix has created a medical device known as CollaSling, which aims to treat stress urinary incontinence in women—urine leakage coinciding with laughing, coughing, sneezing, lifting and exercise—by using proprietary collagen-based materials to provide structural support to human tissue.

“This common condition affects both the young and elderly, yet current treatments are ineffective and unsafe,” said Subba Shankar, the company’s chief technology officer. “Our technology will allow more women to fully engage in all of life’s activities without hesitation, avoiding the withdrawal, isolation and depression that they presently endure.”

Collamedix has recently reached an exclusive licensing agreement with the Case Western Reserve Technology Transfer Office. This will allow the company the chance to secure additional funding. 

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LCCC holds open house for renovated Campana Center

Members of local businesses and community members gathered Oct. 3 at Lorain County Community College to see how the Patsie C. and Dolores Jenee Campana Center for Ideation and Invention has expanded to offer a myriad of tools that help bring ideas to life.

The open house also included a presentation by Luke Williams, author of “Disrupt: Think the Unthinkable to Spark Transformation in Your Business.”

The Roy and Bobbi Church Visionary Leadership Institute sponsored the event which took place in the Campana Center and the Spitzer Conference Center at LCCC, 1005 Abbe Road in Elyria.

The expansion of the Campana Center added 10,000 feet to the building along with lab and equipment upgrades.

Renovation was made possible through a private/public partnership that included nearly 20 federal, state and philanthropic sponsors of the project, according to a news release from LCCC.

The equipment and labs in the center are for students, business and industry and the community, so they have greater access to tools and resources designed to stimulate new ideas.

“As the community’s college, we focus on preparing individuals for in-demand jobs and filling the talent gaps of employers,” said LCCC President Marcia Ballinger. “In this era of rapid technological change, we need to also play a significant role in helping local companies stay competitive by adopting new technologies for greater productivity and to open up new market opportunities.”

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