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Cleveland accelerator debuts one of midwest’s first pre-seed blockchain-only funds

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Techli | Full Article Cleveland startup accelerator Flashstarts rolled out a $6 million blockchain fund on Monday that could be one of the first such funds in the region. According to details of the pre-seed fund’s deal, which was announced at Monday’s Cleveland’s Blockland Solutions Conference per Crain’s Cleveland Business, requires a minimum investment of $25,000 for individuals and $100,000 for organizations. “The combination of investment and access to beta customers will attract the best new blockchain companies to our portfolio,” said Flashstarts CEO Charles Stack in a statement. “Blockland is creating an extremely inviting ecosystem for new blockchain companies. Our new fund will be able to leverage those efforts to the benefit of our investors and our entire region.” Read More
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Six Ohio VC Firms Will Invest $100M in Blockchain Startups

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Crypto Globe | Full Article Announced yesterday, six Cleveland technology funds will be investing $100 million in blockchain startups. These accelerators aim to entice early-stage blockchain companies to come to Ohio to develop blockchain solutions for business, government, and more applications. Leading the way are JumpStart and FlashStarts, both venture capital accelerators based in Ohio. Informally announced on Cleveland.com, this $100 million investment also comes with $200 million in possible tax cuts for companies that partake in Ohio’s “Opportunity Zones” tax exemptions. There will also be $6 million available for blockchain companies by another local venture fund, FlashStarts. Read More
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Six Ohio VC Companies to Invest $100 Million in Blockchain firms

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The Crypto | Full Article According to a local news outlet report, Six Cleveland technology firms will make funds available to blockchain startups. These technology firms intend to attract early-stage blockchain firms to come to Ohio to build blockchain-based solutions for government, business, and many more applications. Ray Leach, the CEO of the JumpStart at the recent Blockland solutions conference in Cleveland, Ohio announced that JumpStart along with five other firms will be investing $100 Million in the blockchain Startups. The announcement was a part of the opening event at the conference. The four-day event is sold out and the organizers aim to position Ohio as a trendsetter in the blockchain world. The session started on Saturday with pre-conference training opportunities for all the developers. Read More
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Ohio Technology Funds To Invest $300 Million In Blockchain Startups

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XBT | Full Article According to the online news outlet, Cleveland.com, seven funds from Ohio are getting ready to invest $100 million into early-stage blockchain-based startups. The announcement came on Sunday, December 2, 2018, during the Blockland Solutions conference, from the CEO of the investment firm involved, JumpStart’s Ray Leach, who also revealed the plan to make $200 million more available for the same purpose over the following three years. It was also unveiled that the local venture fund and business accelerator, FlashStarts is planning to invest $6 million into the pre-seed fund for development of the blockchain technology. Read More
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FlashStarts And JumpStart, Two Ohio Accelerators, Set To Pump More Than $106 Million Into Blockchain Startups

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Smartereum | Full Article The blockchain industry is about to get a major boost in Ohio as two startup accelerators are making plans to pump some money in. First, JumpStart is making plans to channel over $100 million into new blockchain firms. The news was initially reported by Clevelan.com on the 3rd of December. The accelerators intend to invest in blockchain firms that are either focused on governments or businesses within the state. At the same time, FlashStarts, another accelerator, is planning to invest $6 million to blockchain startups to help them raise pre-seed funding. Both accelerators announced their plans during the Blockland Solutions Conference that took place in Cleveland recently. The CEO of JumpStart, Ray Leach was the one who announced the funding round. According to him, some other investment funds…
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Flashstarts forms $6 million, pre-seed fund for blockchain startups

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Crains | Full Article Business accelerator and micro-venture capital firm Flashstarts has announced what appears to be the region's first pre-seed investment fund exclusively aimed at blockchain-based startups. Flashstarts revealed its $6 million Blockchain+ Fund on Monday, Dec. 3, at Cleveland's Blockland Solutions Conference. The initiative was discussed as JumpStart's Ray Leach announced that at least seven Ohio investment funds, including JumpStart, plan to invest $100 million in startup companies that apply blockchain technology to business and government sectors. Read More
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Second Blockland Solutions conference planned for Nov.30 – Dec.3, 2019

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Cleveland.com | Full Article Organizers are already working on the the second year of the Blockland Solutions conference, with next year’s events planned for Nov. 30 to Dec. 3. This year’s inaugural Solutions conference was planned in about five months, an extremely short timeline for a conference of this size. Still, it drew more than 1,700 people to downtown Cleveland’s Huntington Convention Center to discuss how blockchain technology can be applied in government, business, medicine and more. Read More
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Ohio’s Technology Funds Pledge Millions of Dollars to Finance Blockchain Startups

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All Stocks | Full Article The last crypto-related news from the state of Ohio showed that the state is all set to become a leading member in the tech world as it became the first state to accept Bitcoin as payment for taxes for businesses. Now, a recent report from Northeast Ohio news outlet, Cleveland, stated that the state is not ready to play second fiddle to any state. It has embarked on a project worth hundreds of millions to ensure it sets the tech trail for others to follow. This project would see over eight fund ventures including JumpaStart and FlashStart pump hundreds of millions into blockchain-focused startups. JumpStart has pledged a sum of 100 million USD while the local venture fund and business accelerator, FlashStart, has planned to join in the project with…
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Ohio-Based Accelerators to Invest Over $100M into Blockchain Startups

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Coin Wire | Full Article Two Ohio startup accelerators are set to purportedly pour over $100 million in investment into Blockchain companies. In a December 3 report by Cleveland.com, Ohio-domiciled nonprofit company JumpStart, which helps and finances startups, is ready to invest $100 million in early-stage Blockchain companies that are focused on business or government use cases together with six other funds in the state. FlashStarts is the other business accelerator based in Cleveland, Ohio. FlashStarts is also reportedly providing an additional $6 million to allow startups to raise pre-seed funding rounds. Read More
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Ohio Venture Funds To Allocate $100 Million For Blockchain Startups

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Blockspoint | Full Article Ray Leach, the president of the venture business development company JumpStart, announced that his organization, jointly with six other funds in Ohio, intends to allocate more than $100 million to support blockchain startups, Cleveland.com reports. Leach added that all funds are interested in investing in projects based on distributed ledger, especially if they are applicable in the field of public administration or business development. For example, it could be a blockchain startup for storing government documents, Leach said. Moreover, another local venture fund and accelerator for business, FlashStarts, announced the pre-seed funding in the amount of $6 million for blockchain projects. Read More
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