SMART Microsystems Ltd., which runs the center’s first floor, passed the break-even point last summer, according to Matt Apanius, president of the company, which is owned by the Lorain County Community College Innovation Foundation.
JuggerBot 3D plans to build two 3-D printer prototypes to further the company’s research. Enyx Studios will create a trailer to market its new virtual-reality game. This is what two local startups plan to do with the $25,000 they each received from Innovation Fund Northeast Ohio.
Two startup portfolio companies at the Youngstown Business Incubator have received $25,000 apiece from The Innovation Fund of Northeast Ohio to help offset costs associated with equipment, development, and project validation, the fund announced today.
A recent Forbes article posits Cleveland as the Midwest’s version of Silicon Valley. A growing hub for technology entrepreneurs, Northeast Ohio continues an upward trend. ... The Great Lakes Innovation and Development Enterprise, on the Lorain County Community College campus, is another of those resources. In addition to providing support services, GLIDE offers the Innovation Fund, a pre-seed funding program for startup technology companies, according to Dennis Cocco, co-director of GLIDE.
When conducting research, Dr. Brian Ilfeld tries his best to be dispassionate and logical. SPR Therapeutics has made that task difficult. The Highland Hills-based company's first product could have a huge impact on the world of pain management, according to Ilfeld, a professor of anesthesiology at the University of California, San Diego.
Using its carefully guarded trade secrets, one small business is pushing new methods into the world of whiskey to address higher demand for the spirits.