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At StartupScaleup, JumpStart unveils investments from diversity-focused fund

from Crain's Cleveland Business

JumpStart just announced five new investments that align with its revised mission statement. The Cleveland nonprofit recently invested $350,000 in five startups via a new fund that focuses on female and minority entrepreneurs, CEO Ray Leach announced at JumpStart's StartupScaleup conference. He noted that a Rootstown company called BioMendics — which has developed a gel that heal wounds with the help of liquid crystal technology — received a $250,000 investment from the Focus Fund, which makes investments throughout Ohio. more

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