A slew of high-tech medical projects are getting a financial boost from the Ohio Third Frontier program. Eight of the 10 projects that received funding were related to medical technology. And eight of the 10 projects were based in Northeast Ohio, according to a news release from the Third Frontier, a technology-focused economic development program.
Edward Buchholz feels more confident than most entrepreneurs at the early stage of a startup, and no wonder. He's a freshly minted product of TechStars, perhaps the nation's most esteemed business accelerator, with the venture capital to prove it. Now he's looking for a place to launch.
Wednesday, the region’s nonprofit Innovation Fund said it has awarded $25,000 to Event 38, as well another Akron startup, BioMendics LLC, which is developing a gel to heal wounds. The fund is designed to help young companies at early stages of development.
An online app called Beegit, which is designed to make it easier for writers to work together on a project, won the top prize in the second annual Pitch Night business competition Thursday in Hudson. Beegit LLC, a startup headquartered in Cleveland, won $3,000 in the business idea competition akin to ABC TV’s Shark Tank.
Chris Wentz was just finishing up his stint at Case Western Reserve University in Cleveland, Ohio, when he found himself working on a group project for an entrepreneurship class. The assignment was pretty open ended: Come up with any business idea.