A YEAR IN REVIEW 2022 HIGHLIGHTS

Small Business Impact Program

JumpStart facilitated six cohorts of our Small Business Impact Program, the region’s leading business accelerator, graduating 35 entrepreneurs across Northern Ohio. Participants sharpened their business skills through group learning and personalized advising. In total, $125,500 was provided to the 2022 Impact Program graduates to grow their businesses.

Pitch Cypher Events

To improve tech equity in Cleveland, JumpStart spearheaded Pitch Cypher, a startup showcase series designed to enhance outcomes for BIPOC and historically underrepresented entrepreneurs. Over the course of four events, 15 founders pitched their early-stage tech platforms. Along with our partners, we distributed $58,000 in grant capital through Pitch Cypher.

JumpStart is dedicated to driving progress toward a more diverse, inclusive and sustainable future. Equitable economic growth in our region depends on the collaboration of likeminded public, private and philanthropic partners like you. Together, we can ensure that local entrepreneurs have access to the capital, services and connections they need to thrive.

The generosity of our donors, sponsors and supporters helps us provide tech startups and small businesses in Northern Ohio with non-dilutive capital, free programming and one-on-one advising helping them go further, faster. On behalf of the entire organization, thank you for your commitment to our mission.

MARY PAXTON Senior Director, Advancement

Cleveland Browns Partnership

JumpStart and the Cleveland Browns teamed up to deliver four high impact events for startups and small businesses at FirstEnergy Stadium. The collaboration helped elevate JumpStart’s educational offerings into immersive experiences and inspired entrepreneurs to take their businesses to new heights. In total, 765 guests attended the events and $67,500 was awarded to local business owners.

Promedica Ebid Pitch Competitions

In collaboration with our partners ProMedica EBEID and Assets Toledo, JumpStart produced four pitch competitions for very early-stage entrepreneurs and business owners in the Uptown and Junction neighborhoods of Toledo. These events enhanced accessibility, interest and engagement in the Northwest Ohio entrepreneurial ecosystem.

Verizon Learning Centers

Verizon and JumpStart opened two digital learning centers to offer Cleveland residents free STEM education, job development, entrepreneurship studies and career connections. Fully equipped with computers, 3D printers, recording studios and more, the Centers aim to engage 12,600 students and adults by December 2024.

Impacto AND the Hispanic Loan Fund

As part of our commitment to Cleveland’s Latino/Hispanic community, JumpStart launched Impacto, a Spanish-language small business education program. Through two cohorts, 12 entrepreneurs received assistance creating business plans and projections.

Additionally, JumpStart ramped up the Hispanic Loan Fund, which provides financing opportunities of up to $20K for those who qualify. To date, $240,000 has been provided to 12 Latino/Hispanic-led companies.

2022 BY THE NUMBERS:

1258 TOTAL COMPANIES ENGAGED $897k+ IN CAPITAL TO SMALL BUSINESSES 4.75k+ hours of 1:1 advising $581.1M in revenue generated by companies

Seeds for Growth

Sponsored by Huntington Bank

Huntington National Bank sponsored a half-day event to build trust and transparency within the Northwest Ohio entrepreneurial ecosystem. Over 100 attendees met the 12 member organizations of the Business Growth Collaborative and $6,000 was distributed to local business owners who participated in the vendor expo.

AT&T Community tech challenge

Together with AT&T, we held the Community Tech Challenge to convene civic leaders, tech innovators and concerned citizens of Toledo for a conversation around solving the digital divide. The panel discussion fostered a live brainstorming session, and two entrepreneurs were awarded $2,500 each for their ideas.

www.jumpstartinc.org/supporters/

JumpStart is a nationally recognized nonprofit venture development organization dedicated to providing capital, services and connections to help entrepreneurs grow and corporations innovate. Our mission is to unlock the full potential of entrepreneurship to transform entire communities.