JumpStart, Inc.

JumpStart, in collaboration with its partners, will generate dramatically improved and inclusive economic outcomes by supporting diverse entrepreneurs, optimizing entrepreneurial ecosystems, and accelerating innovation.

From FY21 to FY23, JumpStart’s performance commitments are as follows:
1. 2,000 jobs created, with 1,000 (50%) jobs created by client and portfolio companies led by women, Black, or Latinx entrepreneurs
2. 225 client and portfolio companies will raise at least $250K in investment capital, 50% led by women, Black or Latinx entrepreneurs. 60 small businesses will raise at least $25K in grants or loans, 80% led by Black or Latinx entrepreneurs
3. 70% of engaged JumpStart client and portfolio companies are using milestone-based performance management
4. Raise $150M+ for venture funds and deploy $30M+ in capital

1. Cultivate and accelerate the growth of diverse, highest potential entrepreneurs or attract them to Ohio via evolving, high impact services and access to capital.
2. Leverage our startup tech equity investing track record and the Cleveland Innovation Project (CIP) to raise $150M+ 150M+* to invest in startups in both current and new geographies desired by LPs; continue efforts to increase sources of grant/debt capital deployed in communities we serve.
3. Proactively seek and evolve long term partnerships with the State, corporations, institutions, and our economic development partners to build proprietary deal flow, raise and invest funds, accelerate venture development, and secure $1M+ annually (by 2023) in new, sustainable revenue for
4. Make progress towards racial and gender equity in entrepreneurship and related workforce efforts via our work as an intermediary and leader.
5. Play significant leadership role in Cleveland Innovation Project, Midtown Innovation Community, and other civic, entrepreneurship and/or innovation initiatives in markets we serve.