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 Ohio Agency Sets $158M of Taxables for Tech Firms CHICAGO, Illinois – May 18, 2010 – The Columbus Franklin County Finance Authority today will price $158 million of taxable research and development bonds as part of Ohio’s high-profile effort to invest venture capital in young, technology- based companies. Read the full press release.  Ohio Capital Fund Announces Assistance to Fortieth Company COLUMBUS, Ohio – February 19, 2010 – The Ohio Capital Fund today made public the funding of the fortieth Ohio company to benefit from the program. The company, Comet Solutions Inc. recently moved its executive offices from Albuquerque, New Mexico to Cincinnati. Read the full press release. Ohio 2010 Venture Capital Outlook: Need for Capital to Grow in 2010 and Beyond Ohio Third Frontier funding supports superior state business development and entrepreneur investment COLUMBUS, Ohio – January 26, 2010 – Early stage capital investments worldwide were hit hard by the financial crisis of 2009, but according to the Ohio Third Frontier, an unprecedented and bipartisan commitment to create new technology-based products, companies, industries and jobs, Ohio is bucking the international trend – increasing seed and early stage investments by 67 percent in 2008 while the nation declined 20 percent on average. Read the full article CardioInsight raises $5.7 million for heart-mapping technology CLEVELAND, Ohio – January 20, 2010 – CardioInsight Technologies Inc. has raised $5.7 million in an ongoing funding round to help commercialize its heart-mapping technology, according to a regulatory filing. The Cleveland company’s electrocardiographic mapping technology generates a detailed, three-dimensional image of a heart’s electrical activity with non-invasive sensors. Read the full article  Investment in Ohio Early-stage Companies up Significantly; Bucking National Trend COLUMBUS, Ohio – July 2, 2009 – Brighter days may be ahead for Ohio’s economy, especially if the results of a recent study conducted by Center for Entrepreneurship at The Ohio State University’s Fisher College of Business are any indication. The full study will be released by Ohio State later this year. Read the full article  The Ohio Capital Fund Closes Four New Investment Commitments COLUMBUS, Ohio – April 28, 2008 – The Ohio Capital Fund (TOCF) announces four new commitments, totaling $25 million in investments to develop life science and information technology companies. These new commitments bring the TOCF’s total investments to $93.5 million to date. TOCF has 16 established investment commitments; thirteen have a presence in Ohio and seven of these have a new fund or presence in Ohio established concurrent with the Ohio Capital Fund investment. Read the full article |
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