JumpStart, Inc.
Providing capital, services and connections to help entrepreneurs grow and corporations innovate.
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Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Access to Business-Friendly Capital
JumpStart helps entrepreneurs secure available funding opportunities based on their business, industry and stage; venture capital investments for early-stage technology startups and access to non-dilutive grants and loans for small businesses.
We invest in and support businesses that are playing an important role in economic growth and community revitalization. These investments support regional sustainability by converting capital into localized commercial activity.
Disparities in access to capital disproportionately impact Black, Latino/Hispanic and female entrepreneurs. JumpStart is committed to bridging these gaps by offering historically underrepresented startup founders and small business owners inclusive lending opportunities without the obstacles imposed by traditional banking institutions.
Jumpstart has deployed more than $2M in grants and non-dilutive loans since 2018.
Targeted Business Support Services
JumpStart offers personalized business assistance, educational programming and preferred partner networks to help entrepreneurs identify gaps in their business plans, establish appropriate milestones and prepare for new opportunities.
We offer tech startups and small businesses a comprehensive suite of free resources, including: 1:1 business advising, mentoring, educational workshops and webinars, accelerator programs, pitch competitions, networking events, community conversations and more.
These services are part of the wrap-around support that JumpStart provides to help entrepreneurs and corporate partners overcome challenges and find innovative solutions to real-word problems.
As part of a diverse region, our services place emphasis on the unique needs of local businesses. We offer bilingual advising and programming, and we partner with aligned organizations to make sure entrepreneurship is accessible to everyone.
Business Connections & Referrals
JumpStart gives engaged entrepreneurs access to an advanced network of business connections and referral opportunities including mission-aligned organizations, technical-service providers, peer mentors and potential customers. These business connections help entrepreneurs socialize their strategies, build social capital and create professional networks.
Through our Preferred Partners Program, entrepreneurs can access a roster of vetted business service providers, often at discounted rates.
JumpStart also provides connections to subject matter experts and experienced entrepreneurs through the Burton D. Morgan Mentoring Program and Encore Mentoring Program
Additionally, JumpStart leads Northern Ohio's Entrepreneur Services Provider (ESP) program and manages the ecosystem of support organizations that deliver resources to startups that drive the state's technology economy. In this role, we are responsible for grant management of 14 organizations that serve 39 counties across Ohio.
Where we work
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Our results
How does this organization measure their results? It's a hard question but an important one.
Evaluation documents
Download evaluation reportsTotal dollars loaned to businesses
This metric is no longer tracked.Totals By Year
Population(s) Served
Adults, Self-employed people, Women, People of African descent, People of Latin American descent
Related Program
Targeted Business Support Services
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
To date, JumpStart has invested more than $61M into 125 Ohio tech startups. 44% of our total investment capital has been deployed into companies led by women and people of color.
Number of companies who have engaged in JumpStart business assistance programs
This metric is no longer tracked.Totals By Year
Population(s) Served
Women, Self-employed people, Adults, People of African descent, People of Latin American descent
Related Program
Access to Business-Friendly Capital
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Context Notes
Since our inception, JumpStart has engaged more than 6,500+ companies. In 2019 alone, JumpStart engaged 1,150 companies. 51% were led by women and 42% were led by people of color.
Total dollar amount of grants awarded
This metric is no longer tracked.Totals By Year
Population(s) Served
Adults, Women, Self-employed people, People of African descent, People of Latin American descent
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Context Notes
JumpStart grants funding to partners in the Northeast Ohio Startup Network on behalf of the Ohio Third Frontier.
Number of jobs created and maintained
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Reports and documents
Download strategic planHow we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive
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What challenges does the organization face when collecting feedback?
It is difficult to get the people we serve to respond to requests for feedback, The people we serve tell us they find data collection burdensome
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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- Analyze a variety of pre-calculated financial metrics
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Connect with nonprofit leaders
SubscribeBuild relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.
- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.
JumpStart, Inc.
Board of directorsas of 06/18/2024
Ms. Jeanne Coughlin
The Coughlin Group, Inc.
Term: 2021 - 2024
Kate Asbeck
The Cleveland Foundation
Karim Botros
Echo Health Ventures
Anthony Campana
Campana Capital
Carol Caruso
Caruso Public Affairs, LLC
Jeanne Coughlin
The Coughlin Group, Inc.
Barbara Paynter
Paynter Communications
William R. Seelbach
The Riverside Company
Cindy Torres Essell
Heinen's, Inc.
Sharon Toerek
Toerek Law
Jose Vasquez
Quéz Media Marketing
Mark Samolczyk
Stark Community Foundation
Ann Hamilton
The Cleveland Clinic
Larry Fulton
LEFCO Worthington
Odell Coleman
ColemanWick
Brian Hall
JIT Services, LLC
Cheryl Perez
Cheryl C Perez Brands
C. Todd Green
ONPOINT Interiors
Deborah Yue
Law Office of Deborah Yue
Drew Purcell
Progressive
Gerrick Doss
Jean-Claude Kihn
J. Michael Oakes, PhD
CWRU
Kipum Lee
University Hospitals
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
No data
Disability
No data