Ohio Sees Substantial Increase in Venture Capital Investment

This past year, despite a financial climate that has dried up venture capital nationwide, Ohio received an increase in capital funding to support entrepreneurship and business development. In fact, Ohio was the only state that did not experience a decline in venture capital investment in the past 12 months.

Details about Ohio’s increase in venture capital investment will be on display this Wednesday, October 14 and Thursday, October 15 at the Ohio Early Stage Summit V in Columbus, Ohio, an education and networking event for entrepreneurs and investors nationwide. Lieutenant Governor Lee Fisher, and past leader of the Ohio Department of Development, is the keynote speaker at the event.

State funding supporting early stage venture capital investment has been key to Ohio beating the odds in the current venture capital environment. For example, the Ohio Third Frontier has created or commercialized more than 500 companies and has created $6.6 billion in economic impact in Ohio, a 9:1 return on investment.

Click here for more information about the Ohio Early Stage Summit V and Ohio’s venture capital investments.