Investors put $149 million to work with new and developing companies in Ohio last year, but Ohio’s entrepreneurs still face a severe shortage of capital, according to the Ohio Venture Report 2013, the first statewide overview of venture investing in the state.
While job creation by new companies is “alive and well in Ohio,” the report shows that new companies face “a severe shortfall in capital to fuel growth,” Lisa Delp, chairwoman of VentureOhio's research committee, said in a statement.
