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HESS Industries Ltd. at the Braintree Business Development Center in Mansfield - Photo Bob Perkoski
HESS Industries Ltd. at the Braintree Business Development Center in Mansfield - Photo Bob Perkoski | Show Photo

Biomedical : Featured Stories

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Competitions, top talent, meetups and tours: fall events rock the Buckeye State

From a national cutting-edge fuel cell and energy convention to an Octoberfest-style meetup, Ohio will host an array of dazzling events this fall that will attract techies and entrepreneurs alike from across the state as well as the nation.

Ohio's neurostimulation industry: on the brink of a breakout

After decades of cutting-edge research in neurostimulation therapy, Ohio's biomed industry is welcoming a variety of new companies and innovative devices. Relief for patients isn't far behind.

Health care innovations: good therapy for Ohio and beyond

From healing nectars to the amazing new world of genetic engineering, health care innovations in Ohio will nurture the most fragile patients.

Planting for the future: Pre-seed funds help Ohio startups to grow

As the founders of Ecolibrium Solar, Coupsmart and other startups can attest, pre-seed funding is helping Ohio companies find their footing when their founders don’t have the financial resources to get started on their own.

cle-based startups are attracting venture capital in record amounts

Whether it is health care, information technology, clean tech or business and consumer products, Cleveland's increased level of startup activity is attracting funding from venture capital firms in Northeast Ohio and beyond. But experts say there's a ways to go before the Silicon Valley comparisons stick.

austen bioinnovation institute builds on akron's strengths in research and health care

The Austen Bioinnovation Institute in Akron harnesses some of the region's core strengths -- namely polymer science, orthopedics, wound healing processes and musculoskeletal studies -- to advance its status as a health care innovator.

encouraging growth: ohio sees boom in bioscience industry

Whether they are tackling the obesity epidemic, manufacturing new medical devices or growing microorganisms to save patients' lives, Ohio's bioscience companies are on the rise. Investment by Third Frontier along with medical commercialization and workforce development efforts have played a key role in developing the industry and creating good-paying jobs across the state.

national conference will highlight investment opportunities in ohio

It's never been easier to validate an idea and launch a new company. Yet access to capital remains a critical issue for entrepreneurs. The upcoming National Association of Seed and Venture Funds Conference, to be held in Cleveland from October 15th-17th, will bring together a community of aspiring entrepeneurs and investors to explore ways to advance innovation capital.

success of venture capital firms shows that ohio is a leader in investment opportunities

If you're looking for evidence that venture capitalists are increasingly flocking to Ohio, look no further than the success of Athenian Venture Partners, whose 2003 AVP Ohio fund was recently ranked the top fund of its vintage by Preqin. That success is testament to the increasingly vibrant entrepreneurial ecosystem in Ohio, which is drawing venture capital.

minority biomedical entrepreneurs teach and learn at first national conference in Cleveland

New biomedical companies are a source of growth in Ohio's high tech economy, yet currently, only a fraction of them are helmed by African-American and Latino entrepreneurs. The first ever Minority Biomedical Entrepreneurship Conference aims to connect minorities in Ohio to greater opportunities while also growing the state's biomedical workforce.

MedCity Media finds growth niche in biomedical reporting

MedCity Media was created in 2009 to highlight Ohio's burgeoning biomedical industry. Since then it has expanded into two other markets and has become a go-to resource for those tracking developments few others are reporting.

Q&A: Tony Prusak, director of convention sales for Medical Mart & Convention Center

Earlier this year, construction began for the new Medical Mart and Convention Center, a project that has received a lukewarm response from skeptical taxpayers. Working hard to prove them wrong is Tony Prusak, who as Director of Convention Sales is tasked with booking events. As a lifelong Clevelander, Prusak is driven by a desire to improve Cleveland's economic future. How? By "selling more cheeseburgers."

Biomedical economy grows behind collaboration, partnerships

In the past, the idea of a company turning to a competitor for outside expertise just wasn't done. Today both small and large companies realize they can't do everything in-house, and that holds true for the growing biomedical industry where innovation through collaboration has become the norm.

Q&A: Lester Lefton on Kent State's role in Ohio's new economy

Lester A. Lefton became Kent State University's 11th president in July 2006. Ranked by the Carnegie Foundation for the Advancement of Teaching among the nation's best public research universities and among the best colleges and universities in community engagement, Kent State has been at the forefront of high-tech innovation in Northeast Ohio. hiVelocity asked Lefton about Kent State's role in Ohio's new economy and his vision for the region.

ProjectOne to pump 10,000 jobs, $1.7 billion into Ohio economy

At a cost of $1 billion, ProjectOne is the largest construction project in Ohio State University's history. It's also expected to be one of the largest job-generators in central Ohio history, with as many as 10,000 new full-time positions by 2015.
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