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Bizdom in Cleveland - Photo Bob Perkoski
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Biomedical : Featured Stories

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

Paul Batterson Thursday, February 14, 2013
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

Lee Chilcote Thursday, November 01, 2012
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

Douglas J. Guth Thursday, November 01, 2012
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

Joe Baur Thursday, November 01, 2012
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

Feoshia Davis Thursday, October 04, 2012
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

Lee Chilcote Thursday, September 06, 2012
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

Catherine Podojil Thursday, May 17, 2012
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

Lynne Meyer Thursday, October 06, 2011
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

Erin O'Brien Thursday, September 08, 2011
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

Feoshia Henderson Thursday, November 18, 2010
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

Colin McEwen Thursday, November 18, 2010
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

Gene Monteith Thursday, October 21, 2010
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.

Happy birthday to us!

Gene Monteith Thursday, September 23, 2010
A year ago tomorrow, hiVelocity hit the webstand. In this issue, we take a look back -- why we ventured forth, what our goals were and what our readers have found most appealing.

Q&A: Steve Arless brings global biomed reputation to Cleveland -- here's why

Colin McEwen Thursday, September 23, 2010
Steve Arless has more than 35 years of international experience in the development, marketing and sales of medical devices. Seventeen of those years were spent at London-based Smith & Nephew, where he served as president for five years. His fame, though, accrued while president of CryoCath, which sold in 2006 for $380 million. Now CEO of Cleveland-based CardioInsight, this Montreal native is bringing his talents south.

Ohio sensors surge on back of Wright-Patt, regional strengths

Gene Monteith Thursday, August 26, 2010
A camera that can read your fingerprints from six feet away. A system that can catch criminals in a 16-square-mile area. Tiny planes that can soar over an urban battlefield and tell friend from foe. All are signs that Ohio is emerging as a major force in 21st century sensor technology.
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