Monday, January 19, 2009

TechColumbus sends $1.6M to area startups

Source Business First Jan 16, 2008

TechColumbus has unleashed another round of money from a $20 million public-private initiative it launched last year to help fledgling Central Ohio companies.

The agency said it would make investments in excess of $1.6 million to nine area companies through its TechStart program. TechStart strives to connect startup technology companies in Franklin and 14 nearby counties with cash infusions through so-called TechGenesis grants and from a venture capital-backed regional commercialization fund.

TechColumbus is looking to invest $22.5 million in early-stage businesses; the agency has invested $3.6 million to date...

Click here for the rest of the story and to know who's received funding.


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