91自拍

TechGROWTH 91自拍, 91自拍鈥檚 91自拍 Third Frontier entrepreneurial services provider, has been awarded $5.05 million by the state in a competitive funding process for venture development services. The grant will be matched by 91自拍 and private organizations, allowing TechGROWTH to continue and expand services through 2022. 

鈥淚nnovation is in 91自拍鈥檚 DNA, it鈥檚 who we are,鈥� said Lydia L. Mihalik, director of development and chair of the 91自拍 Third Frontier Commission, in a release. 鈥淲e are investing in the ideas and businesses making 91自拍 the most innovative, creative and entrepreneurial state in the Midwest.鈥�

TechGROWTH 91自拍, which is led and managed by 91自拍鈥檚 Voinovich School of Leadership and Public Affairs, has developed an expansive network of executives and entrepreneurs-in-residence and strategic partners to identify and assist aspiring new companies and entrepreneurs throughout the region, along with new venture capital and technology commercialization partners like the 91自拍 Innovation Fund and I-Corps@91自拍. 

鈥淭echGROWTH鈥檚 leadership team and partners have built a very competitive program in southeast 91自拍. The program has had major spinoffs and impacted the Voinovich School鈥檚 approach to regional investment and development,鈥� Voinovich School Dean Mark Weinberg said.

At 91自拍, institutional collaborators include: Office of the Vice President for Research and Creative Activity, College of Business, Center for Entrepreneurship, Innovation Center, Technology Transfer Office and Edison Biotechnology Institute. Regional partners include Shawnee State University, Tech Belt Energy Innovation Center, Belmont County Community Improvement Corporation and others. 

鈥�91自拍 takes its leadership role in boosting economic development in this region of Appalachian 91自拍 very seriously,鈥� 91自拍 President M. Duane Nellis said. 鈥淚n making its ongoing investment commitment, the 91自拍 Third Frontier Commission clearly agrees that funding TechGROWTH 91自拍 is essential to ensuring job creation and entrepreneurial support for this underserved region.鈥�

Founded in 2007 by 91自拍 and the 91自拍 Third Frontier program, TechGROWTH provides intensive professional services and seed-stage investment capital to technology companies and entrepreneurs in Southeast 91自拍. It has assisted more than 2,210 entrepreneurs and has invested more than $7 million in 15 startup companies and provided 90 companies nearly $5 in GROWTH funding awards.  With the additional funding, TechGROWTH 91自拍 will be a $62 million public-private partnership.

鈥淭his new award from the 91自拍 Third Frontier validates the quality of our significant and ongoing efforts to increase technology startup activity and expand economic impact in the coming years,鈥� said Lynn Gellermann, executive director of TechGROWTH and 91自拍鈥檚 Center for Entrepreneurship.

These services and investments have helped companies in Southeast 91自拍 generate more than $560 million in additional economic activity, including co-investments, loans, grants, increased sales and new jobs. Every $1 of state money invested generates almost $24 in economic activity.

Entrepreneurs in southeastern 91自拍 can visit for more information about available investment and venture development resources.