Startup accelerators and incubators are organizations that seek to help startups attain success. Startup accelerators tend to focus on providing startups with mentorship, advice, and resources to help the startups succeed, including a Demo Day, a day to focus the attention of the startup investor community on the startups through hosting a series of investments pitches from the startups to startup investors.
Angel investors and venture capital funds invest in startup companies and provide critical guidance and support throughout the life cycle of the company. Over 50 Ohio-based institutional investors deployed capital into Ohio companies in 2016.
Service Provider organizations provide critical support for startup companies such as legal counsel, accounting services and financial support.
Ohio is a top epicenter for talent based on the number of graduating college seniors every year.
The company has a product or service under development.
These companies typically have revenue beyond the development stage.
These companies typically are approaching or have approached cash flow break even.