CLEVELAND, Ohio -- Ohio's success at entrepreneurship has created a venture capital gap that existing resources cannot fill, according to a first-of-its kind study of venture funding in the state.
Experts fear the shortfall imperils young companies poised to create a new generation of jobs.
OhioVenture Report 2013 echoes the fears of many economic development specialists in Northeast Ohio. The state's emerging startup scene, stoked by talented inventors and entrepreneurs, lacks the capital needed to take young companies to the next job-creating stage in their evolution.
Image: Potential investors visit with startup founders at the recent Demo Day at FlashStarts. Plenty of companies are getting started in Ohio, but they may not find the capital they need to grow. Lynn Ischay/The Plain Dealer
