Early-stage - Smart Business Dealmakers
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November 21, 2019
Pitt Ohio spinoff Idelic iterates quickly, including during fundraising
Hayden Cardiff approaches raising capital the same way he approaches building a product — with a lean startup methodology of build, measure and learn. The Idelic CEO discusses the company's growth and how he's applying what he's learned....
By Jayne Gest
November 7, 2019
MedPilot Co-Founders Bring A Methodical Approach To Scaling Their Business
Matt Buder Shapiro and Nathan Spoden have taken a humble yet confident approach to building MedPilot....
By Mark Scott
October 24, 2019
Denise Devine’s tips and traps for capital-raising entrepreneurs
RTM Vital Signs' co-founder Denise Devine explores the stages of capital raising and what entrepreneurs should look for, and look out for, at each....
By Adam Burroughs
October 22, 2019
Fifth Season expands its vertical farming, stays focused on capital efficiency
Vertical farming is capital intensive, which is why Fifth Season co-founder and CEO Austin Webb relies on his financial analyst and investment banking background to help manage the funding for the startup, which has raised over $35 million to date....
By Jayne Gest
October 10, 2019
These sisters roll up their sleeves for the nitty gritty hard work of growing The W Nail Bar
Manda Mason and Lauren Hunter share the story behind their rapidly growing nail salon business, which includes a unique store-within-a-store partnership deal with DSW....
By Jayne Gest
October 2, 2019
Angel Investing: The Power Of Group Intelligence
Former American Eagle President Don Morrison, who now mentors entrepreneurs as chairman of deal flow for BlueTree Allied Angels, talks about angel investing, scaling startups and what entrepreneurs should be looking for when it comes to investors....
By Jayne Gest
September 27, 2019
Studio B’s Bonnie Smith: Think Before You Bootstrap
Brand agency founder Bonnie Smith talks about the key questions you need to ask before you try to bootstrap your business and her role as a pioneer for other African-American female entrepreneurs....
By Mark Scott
September 19, 2019
As Gus Gear grows, Sarah Palya eyes taking on investors
Sarah Palya had limited business experience when she started Gus Gear. She’s had to learn as she goes, and now she feels her medical device startup is ready to jump to the next level, including possibly taking on investors....
By Jayne Gest
September 13, 2019
Ikove Takes High Risks For Big Returns In Tech Commercialization
Ikove Capital Partners keeps a low profile, investing at the founder level in companies that commercialize technologies in partnership with Midwest research institutions like Ohio State. By the end of next year, it expects to have 20-plus companies in a portfolio that already includes Nikola Labs, ParaGen Technologies and Cognovi Labs....
By Jayne Gest
September 12, 2019
TPA Stream's Jacob Sheridan: Find A Problem, Then Start A Business
Don’t try to start a business, advises TPA Stream CEO Jacob Sheridan. Try to find a big problem and come up with a creative way to solve it. That's your business....
By Mark Scott
August 21, 2019
Pitt's Big Idea Center guides first-time entrepreneurs
Babs Carryer, director of Pitt's Big Idea Center talks about Pittsburgh’s startup ecosystem, raising capital and the Big Idea Center....
By Jayne Gest
August 16, 2019
VentureOhio’s Tabs Top 50 Startups To Watch
Columbus’ startup culture is bustling, with 24 Central Ohio companies called out by VentureOhio in its 2019 list of Ohio’s top 50 most promising startups. Northeast Ohio has 10 startups on the list....
By Jayne Gest
August 16, 2019
Investors Seek Startup CEOs Who Are Willing To Take Risks
Early-stage entrepreneurs who are willing to put it all on the line to build a business are held in high regard by investors — even if they ultimately fail, says StartInCLE founder Ed Buchholz....
By Mark Scott
August 15, 2019
GhostWave's Dean Zody pinpoints route to commercialization
GhostWave founder Dean Zody discusses his company, which grew out of research at The Ohio State University, and its progress toward scale and commercialization....
By Jayne Gest
August 7, 2019
Mobility Startups Ride Wave Of Momentum
Ann Arbor SPARK’s Komal Doshi is working to create more mobility deal opportunities for companies like May Mobility, which has raised more than $33 million for its autonomous shuttles....
By Mark Scott
August 1, 2019
COHatch's Matt Davis Seeks To Connect Startups To Investors
The founder of COhatch discusses how it fits — or doesn’t — into the coworking space, and how he hopes to leverage the business to strengthen startup communities....
By Jayne Gest
July 26, 2019
Collaboration Drives Momentum In Cleveland’s Startup Community
JumpStart CEO Ray Leach has been focused on urgency of late in his assessment of Northeast Ohio’s startup community....
By Mark Scott
July 23, 2019
Mark DeSantis steers RoadBotics through rapid growth
RoadBotics CEO Mark DeSantis shares his experience building RoadBotics from the ground up, including rapid two-year growth since it got its first customers....
By Jayne Gest
July 8, 2019
Find Investors Who Fit Your Startup's Business Model
It often takes some time for early-stage entrepreneurs to learn the value of authenticity in their pitches to investors. That has certainly been the case for Laura Adiletta and Cullen Naumoff, co-founders of Farm Fare....
By Mark Scott
July 2, 2019
Fairmount's Charles Robins: The algorithm and alchemy of tech startups
Tech company valuations are based on wholly different ideas, a collection of measurements and assessments that are as much alchemy as they are algorithm....
By Adam Burroughs
June 21, 2019
Marc Kramer: What early-stage CEOs need from their angels
Marc Kramer, whose Angel Venture Fair has helped 2,000 companies around the world connect to U.S. angel investors, discusses a few issues that can cause partnerships to get lost in translation....
By Michael Marzec
June 20, 2019
UPMC Enterprises invests in its own disruption
Officially created five years ago to create health care innovations that improve the lives of patients in meaningful ways, UPMC Enterprises encompasses the $130 million a year that UPMC lays out for corporate venture investments and R&D....
By Jayne Gest
June 18, 2019
PLSG invests in four regional life sciences startups
In the first half of 2019, the Pittsburgh Life Sciences Greenhouse has invested $155,000 in four startups — Health IT companies RIMSYS and Clinical Platform, therapeutic company CytoAgents and medical device company Neuro Kinetics....
By Jayne Gest
June 13, 2019
WESCO and Plug and Play launch accelerator
The Silicon Valley organization's newest accelerator, B2B Sales and Distribution, will focus on industry-specific startups and their technologies....
By Jayne Gest
June 13, 2019
Woodward Angels Ready To Spark Entrepreneurial Growth
Lauren Hoffman of Woodward Angels and Tim Parker of Grand Angels talk about their effort to make connections and spark more early-stage entrepreneurial growth in Southeast Michigan....
By Mark Scott
June 7, 2019
Drips Ponders Best Path To Continued Growth, Liquidity
Co-founder and CEO A.C. Evans talks about lessons learned building a business without outside investors, and why it may be time to change that approach....
By Mark Scott
June 6, 2019
Braxton Miller learns the Xs and Os of investing
Braxton Miller isn’t just putting time in on a football field these days. He’s turned to business — investing in and endorsing several brands....
By Jayne Gest
May 29, 2019
Ryan and Hoa McManus go full throttle with microtransit startup SHARE
After quietly raising $5 million, the microtransit business is expanding into Cleveland, Cincinnati, Detroit, Indianapolis and Dallas, with more cities on the way....
By Jayne Gest
May 22, 2019
Hilliard manufacturing incubator slated for former Rahal Racing facility
Converge Technologies, a commercial engineering firm, has committed to building a technology innovation and development capability in Hilliard. The founders of Converge recently purchased the former Rahal Racing research and development facility....
By Jayne Gest
May 21, 2019
Diamond Kinetics swings for the fences with sensor technology
CEO C.J. Handron talks about how he brought Diamond Kinetics from the lab to the ball diamond with the help of Pittsburgh’s early-stage community....
By Jayne Gest
May 14, 2019
Pipeline Angels: Driving change in Detroit’s angel investor community
Kerry Ann Rockquemore and Pipeline Angels bring needed guidance to help young entrepreneurs shape their vision and target markets that offer a better chance for success....
By Mark Scott
May 10, 2019
Wisr's Kate Volzer: Networking Makes Anything Possible For Your Startup
Kate Volzer, co-founder and CEO at Wisr, talks about her entrepreneurial journey that began as a student at the University of Chicago....
By Mark Scott
May 3, 2019
Steven Santamaria: Getting To 'No' And Other Startup Secrets
The serial entrepreneur and CEO of Folio Photonics shares lessons learned from the business deals he’s made and explains why starting a business is a lot like going on vacation....
By Mark Scott
May 1, 2019
Jim Grote opens EDGE Innovation Hub
The EDGE Innovation Hub, founded by Donatos founder Jim Grote, hosted its grand opening, the Columbus Dispatch reports....
By Jayne Gest
May 1, 2019
Joe DeLoss nearly got burned before making Hot Chicken Takeover a success
From nearly missing payroll to expanding too quick, the founder survived missteps on the way to building one of the area's hottest fast-casual restaurant chains....
By Jayne Gest
April 25, 2019
JumpStart's Cathy Belk: Plan Your Exit Before You Start Your Business
You can’t start a business these days without planning your way out.For early-stage entrepreneurs, thinking about a potential exit from the business starts before the company is even launched.“Many of...
By Mark Scott
April 23, 2019
Honeycomb Credit expands crowd financing model beyond Pittsburgh
How CEO George Cook is blending crowd funding and community banking to change the way small businesses get loans....
By Jayne Gest
April 19, 2019
Chris Rizik: Honesty Is The Best Policy When Pitching VCs
Chris Rizik shares his insight on how to make a better pitch to investors, as well as the growth opportunities that exist in Detroit’s VC community....
By Mark Scott
April 18, 2019
Female founders on rise, as women-focused angel group disbands
Although X-Squared Angels disbanded at the end of last year as membership fizzled, early-stage and startup female founders appear to be on the rise. We talk to Cindi Englefield and Mary McCarthy of the Women’s Small Business Accelerator....
By Jayne Gest
April 9, 2019
Corporates join VCs to fill pipeline for Pittsburgh tech investment
Pittsburgh’s tech startups attract the lion’s share of funding and attention, says Innovation Works’ Gary Glausser. We spoke with him about trends in tech investing, including highlights from Investment in Pittsburgh’s technology sector report, and the upcoming the AI & Robotics Venture Fair....
By Jayne Gest
April 5, 2019
Rev1 Ventures hits $2B in economic impact in 6 years
In 2018 alone, Rev1 clients generated more than $123 million in revenue and attracted more than $157 million in capital to the region....
By Jayne Gest
April 3, 2019
MentorcliQ’s Phil George
CEO Phil George shares MentorcliQ’s growth story – which includes raising $5 million in capital — and offers his advice for other founders....
By Jayne Gest
March 15, 2019
Venture for America taps Cleveland for accelerator
Venture for America has selected Cleveland to host its national business accelerator targeting entrepreneurs that are recent college graduates, netting out competing proposals from Columbus and...
By Michael Marzec
March 8, 2019
UH Ventures seeks every opportunity for innovation
Through UH Ventures, University Hospitals Health System hopes it can become a powerful force to enable the next generation of health care....
By Mark Scott
March 6, 2019
Startup future is bright — and diverse
Tom Walker talks about the startup climate and how Rev1 is encouraging startup diversity....
By Jayne Gest
March 6, 2019
Gilbert part of Detroit's first angel investor group
Membership in Woodward Angels requires a minimum investment of $25,000 per calendar year in Detroit-area startups....
By Adam Burroughs
February 6, 2019
The rise of corporate venture funding
Pittsburgh’s old industrial companies are paying attention to startups and Idea Foundry CEO Mike Matesic thinks the surge in corporate venture funding bodes well for local M&A activity. We spoke with Matesic about how corporations and startups are working together to grow Pittsburgh’s economy....
By Jayne Gest
February 5, 2019
You can’t fake passion
Passion is an authentic emotion. That’s why it’s the first trait Pete Martin looks for in Votem Corp. employees. Martin talks about building on market opportunities, the role of resilience and going all in on your vision....
By Mark Scott
January 17, 2019
JumpStart’s Jerry Frantz
JumpStart’s Jerry Frantz knows he’s in a risky business. “Any way you cut it, deploying capital into young companies is an inherently risky proposition,” he says. Frantz talks about the role of early-stage capital in economic health and managing risk as a startup investor....
By Mark Scott
January 3, 2019
StartInCLE’s Ed Buchholz
Ed Buchholz about some of the challenges faced by Cleveland’s startup community and how the region can attract and empower quality startups....
By Mark Scott
