Northeast Ohio companies, angel and seed-stage funds, and education institutions were major beneficiaries of a statewide total of $16.35 million the Ohio Third Frontier Commission approved on Thursday, April 14, to, as the organization puts it, “get innovative ideas and products to market.”
In total, Northeast Ohio-based organizations received about $11.5 million. The statewide list of recipients is here.
In the “pre-seed and seed plus” awards category, Northeast Ohio recipients were as follows:
• North Coast Venture Fund L.P. in Mayfield Heights, $3.625 million
• Valley Growth Ventures LLC in Youngstown was awarded $3 million
• Mutual Capital Partners Fund III LP in Westlake, $2.079 million
• North Coast Angel Fund III LLC in Mayfield Heights, $1.65 million.
