JUMPSTART INC

Programs

1. Entrepreneurial services (esp) and investing:as ohio prioritizes technology-driven growth within its broader economic development strategy, Jumpstart Inc. Plays a dual and essential role - preparing venture investable companies for capital and serving as a regional venture investor. By combining these functions, jumpstart helps tech companies secure and deploy early-stage capital more effectively, enabling them to scale, create jobs, and strengthen the region's long-term economic vitality. Jumpstart conducts investment activities to supplement state and local government economic and job development investment and other programs directed at encouraging the initiation of growth, maturation, and expansion of small businesses with a potential for providing enhanced employment opportunities and thereby contributing to an economic revitalization of northern ohio. Jumpstart often bundles guidance from experienced venture partners with its seed investment capital. Early-stage investment from jumpstart allows these innovative companies to complete product prototypes, conduct early marketing campaigns, and add key members. Similarly, the strategic and operational guidance from venture…

   $8,324,986 spent$4,028,057 earned by the program
   28% of program spending

2. Outreach and education:outreach and education are significant and critical segments of jumpstart's overall economic revitalization programs. The jumpstart outreach and education program's continuous presentation of networking events, seminars, and published articles both in traditional and electronic media combine to build a greater appreciation of the importance of entrepreneurship to the northern ohio regional economy.the activities of outreach and education are directed to supporting networks of investors, advisors, and professional service firms to encourage an increase in the number of successful high-potential entrepreneurial ventures in northern ohio and thereby enhance the economic revitalization of the region. Through these efforts, jumpstart seeks to build awareness of services to companies that need and qualify for support.jumpstart's media outreach and events continually inform and educate ohio's entrepreneurs, giving visibility to the success of entrepreneurial ventures and providing support to enable a thriving entrepreneurial community. From 7/1/24 through 06/30/25, jumpstart: 1) communicated with more than 41,759 email subscribers and more than 31,400 social media…

   $1,486,605 spent$1,952,300 earned by the program
   5% of program spending

3. Network advisors & economic development:components of the economic revitalization programs provide the initial contact and impetus to the development of seed ideas. These individuals provide education and information to individuals concerning the development and operation of small businesses in northern ohio to encourage the initiation, expansion, growth, and maturation of both new and existing small businesses, which can provide employment opportunities and thereby aid in alleviating unemployment, community deterioration and economic distress in northern ohio and enhancing the economic revitalization of the area. Network advisors comprise the program that concentrates on assisting technology-based nascent companies and small businesses with growth interest and potential. As a non-profit advising startups companies in many sectors on critical issues, the use of this network of subject matter experts enables jumpstart to provide high quality guidance to early-stage companies that would not be able to access this level of service. This advice enables the companies to increase their likelihood of success in the region.jumpstart's staff, mentors, and network of advisors guide northern…

   $19,920,502 spentof which $130,445 as grants
   67% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $29,732,093.