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"Pre-Seed Fund Initiative (PSFI) "

Program Description

[formerly Validation Fund & Seed Fund Initiative] Provides grants to pre-seed funds to increase the availability of professionally managed capital and associated services to accelerate the growth of early stage Ohio technology companies.

Program Administrator

Delp, Lisa ( lisa.delp@development.ohio.gov )

Summary

17 organizations have been awarded a total of $19,323,682.00 and 19 grants through this program.

Projects Funded

Grant Project	Grant Recipient	Grant Award	Date
2006 JumpStart Pre-Seed Fund [ Grant Details ]	JumpStart, Inc. [ www.jumpstartinc.org ]	$2,000,000.00	05-22-06
NCT Pre-Seed Initiative [ Grant Details ]	NCT Fund Management, LLC	$1,985,921.00	05-22-06
TechColumbus Regional Commercialization Fund [ Grant Details ]	TechColumbus [ www.techcolumbus.org ]	$1,500,000.00	05-22-06
Southern Ohio Creates Companies Pre-Seed Fund [ Grant Details ]	University of Cincinnati [ www.uc.edu ]	$1,100,000.00	05-22-06
The Ohio Capital Fund Grant [ Grant Details ]	The Ohio Capital Fund, LLC	$200,000.00	04-25-05
Ohio TechAngel Fund [ Grant Details ]	Ohio TechAngel Fund, LLC [ www.ohiotechangels.com ]	$1,000,000.00	01-24-05
Queen City Angels First Fund II [ Grant Details ]	Queen City Angels [ www.qca.com ]	$1,000,000.00	01-24-05
Tomorrow Fund [ Grant Details ]	Cincinnati Children's Hospital Medical Center [ www.cincinnatichildrens.org ]	$500,000.00	01-24-05
NEOpreneur Technology Validation Fund [ Grant Details ]	NorTech [ www.nortech.org ]	$1,162,111.00	12-15-03
Organizing BioEnterprise Seed Fund I [ Grant Details ]	BioEnterprise Corporation [ www.bioenterprise.com ]	$342,650.00	05-01-03
Case Technology Venture [ Grant Details ]	Case Western Reserve University [ www.cwru.edu ]	$979,000.00	05-01-03
QCA First Fund [ Grant Details ]	Queen City Angels [ www.qca.com ]	$979,000.00	05-01-03
NovaMedics Technology Validation Fund [ Grant Details ]	Cleveland Clinic Foundation [ www.clevelandclinic.org ]	$1,080,000.00	12-02-02
In4 Early Stage Investments Capital Fund [ Grant Details ]	Regional Growth Partnership [ www.rgp.org ]	$270,000.00	12-02-02
E-Fund Capitalization Project [ Grant Details ]	Entrepreneur's Fund LLC	$1,000,000.00	06-03-02
1st Fifty Validation Fund [ Grant Details ]	Science and Technology Campus Corporation [ www.stcc.org ]	$1,100,000.00	06-03-02
Reservoir Venture Partners II [ Grant Details ]	Reservoir Venture Partners II	$1,150,000.00	06-03-02
Technology Validation Fund [ Grant Details ]	Science and Technology Campus Corporation [ www.stcc.org ]	$350,000.00	04-23-01
Columbus Emerging Technology Fund [ Grant Details ]	Columbus Technology Leadership Council	$1,625,000.00	04-23-01