Flashstarts Announces Cleveland200 Fund

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Flashstarts Announces Cleveland200 Fund: Gateway to $100 million in Seed Stage Funding Flashstarts, Inc., a startup accelerator, is pleased to announce the launch of The Cleveland200, a $5 million micro-venture fund focused on high-growth startups. The Cleveland region has recently witnessed the launch a new group of seed stage funds totaling over $100 million. The focus of the Flashstarts accelerator program and the Cleveland200 fund is to equip startups for follow-on investment from this $100 million regional investment pool over the next 3 years.This $100 million in newly available funding is the result of the Ohio Third Frontier Program’s recent commitment to seven Cleveland-area funds focused on seed-stage investment.  This is the largest regional seed-stage investment pool in the world. The funds are to be deployed between 2017 and 2019.  With…
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StartMart gets grant; pitch competition set: Local Business Briefs

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An Article Featuring StartMart on The Plain Dealer News that StartMart was successful in reaching its initial $10,000 goal on Kickstarter and will receive $40,000 from the City of Cleveland has spread to The Plain Dealer. The article reports that Cleveland's first entrepreneurial hub was awarded a $40,000 grant from the City's Department of Economic Development. As the grant requires matching funds, StartMart is hoping to raise the match by setting a 'stretch' goal of $40,000 on Kickstarter. The entrepreneurial hub launched the Kickstarter campaign on Aug. 19 to raise funds for supplies, such as tables, chairs, whiteboards and paint, and provide scholarships for members. StartMart aims to connect people, ideas and resources in a 35,000 square-foot multi-functional facility located in the Terminal Tower. Read the full article.
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StartMart Meets $10K Funding Goal on Kickstarter

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Great news for StartMart! The entrepreneurial hub is announcing it successfully reached its initial goal of $10,000 on Kickstarter. Additionally, the City of Cleveland is awarding StartMart with a $40,000 grant that requires matching funds. To fulfill this match, StartMart is boosting its Kickstarter goal to $40,000. More details are in the press release below. StartMart Meets $10K Funding Goal on Kickstarter Cleveland Entrepreneurial Hub Increases Goal to $40K to Match Grant from the City Cleveland, Sept. 15, 2015 – StartMart, an entrepreneurial hub in Cleveland, announced today a $40,000 grant from the City of Cleveland that requires matching funds. As a result, StartMart, which successfully met its initial goal of raising $10,000 on Kickstarter on Friday, is setting a ‘stretch’ goal of $40,000 on Kickstarter to raise the match.…
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StartMart growing companies in the CLE

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A feature on StartMart by WKYC WKYC featured our CEO Charles Stack and our home, Cleveland entrepreneurial hub StartMart, last night. The segment focuses on festivities from the StartMart Grand Opening on September 8th, as well as StartMart's potential to bring jobs and startup companies back to our city. "This is the first time it's been done in Cleveland," said Stack. StartMart is where creative ideas are brainstormed for start-up companies to soar. Start-up means companies that are hiring, not firing. Start-up also means new jobs. (more…)
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Taking Cleveland’s Entrepreneurship to a Higher Level

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A Feature on StartMart in Fresh Water Cleveland Fresh Water Cleveland wrote a great article summarizing the vision and progress of our home, StartMart. The entrepreneurial hub offers flexible leases and resources to startups to help them scale, as well as a coworking space designed to inspire new startup ideas. As the article explains, StartMart has its first four official startup members: <remesh, We Can Code IT, Qwickly, and Handelabra Games. (StartMart has room to house about 25 more startups... So apply while you can!) The startup founders talked about why they chose to operate out of StartMart. Jeremy Handel, founder of Handelabra games, which makes digital board games across multiple platforms, also finds the location ideal.  “Downtown Cleveland is really on the upswing right now and we want to be surrounded by that,” he says.…
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Of Density and Diversity: A Feature on Jennifer Neundorfer

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Our CFO/COO Jennifer Neundorfer came to Cleveland with an impressive background working with YouTube, Google, Fox Networks Group and Monitor Group. She excels at championing young startups, strategic planning, and identifying opportunities and resources. We're thrilled that CBC Magazine recognized and featured her work here at Flashstarts and at StartMart in the cover story for its September/October issue. In the article, Jennifer explains her and co-founder Charles Stack's rationale for creating Flashstarts and StartMart. “People ask, ‘What does Cleveland need to do to become the next Silicon Valley?’” Neundorfer, the CFO/COO of Flashstarts, asks. “That’s the wrong question. We should ask, ‘How do we leverage the assets we have in Northeast Ohio to become our own entrepreneurial and technology hub?’” One of the key purposes for StartMart is to combine the volume of people and…
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This Startup Will Help You Become a More Informed and Better Citizen

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An article about <remesh on AlleyWatch Our 2014 portfolio company <remesh, which is currently in New York City participating in the Barclays Accelerator powered by Techstars, was featured on AlleyWatch. The NYC publication interviewed co-founder and CEO Andrew Konya about the inspiration to start <remesh and why they applied to Barclays. Konya also shared a bit about their product, which has pivoted from a chat app to a software-as-a-service (SaaS) for large organizations. "We knew our tech solved the fundamental problem of quickly understanding what a group of people was thinking, and had identified over a hundred monetizable use cases, but had not decided which to focus on.  Many of these use cases were in fintech and others were in large organizations.  So, we saw Barclays + Techstars as the…
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Women dominate Nichelle McCall’s former nonprofit life, but she’s a stand out in tech: Reinvention

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An article featuring Nichelle McCall on Cleveland.com Nichelle McCall, founder and CEO of Flashstarts' portfolio company BOLD Guidance, spoke with Cleveland.com about her experience reinventing her career and company. McCall described how she turned a period of unemployment into time spent building a successful consulting business and how she went from a consultant to the founder of a technology startup. "I realized that in order to help more people, I needed to leverage technology. I also started looking into how I could create a product, because I realized that investors want to invest in a tangible product and as a consultant, that's something that I didn't have," she said. McCall also introduces her newest startup. While developing BOLD Guidance, an app that guides students, parents and counselors along the college admissions…
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StartMart Launches Kickstarter Campaign to Raise $10K

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Last Wednesday, at our third annual Demo Day, our CEO Charles Stack announced the launch of a Kickstarter campaign to fund the furnishing of StartMart. The Cleveland entrepreneurial hub wants to raise $10,000 to buy chairs, tables and whiteboards and to provide membership scholarships to entrepreneurs. More details are in the press release below. StartMart Launches Kickstarter Campaign to Raise $10k Entrepreneurial Hub Hopes to Outfit Its Space and Provide Membership Scholarships CLEVELAND, Aug. 19, 2015 – StartMart, an entrepreneurial hub in Cleveland designed to connect people, ideas and resources, launched a Kickstarter campaign with an initial funding goal of $10,000. The campaign, which was announced at Flashstarts Demo Day 2015, began today and will run until Sept. 25, 2015. Funding from the campaign will finance scholarships for members and supplies…
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We Can Code IT Launches StartMart Location for Adult Coding Bootcamps

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Our 2015 startup team We Can Code IT, which was featured in Crain's Cleveland Business this past weekend, announced a formal partnership with Cleveland entrepreneurial hub StartMart. We Can Code IT, which provides IT education and job placement to women and minorities, will be launching a second location for its adult coding bootcamps in StartMart. The partnership will match graduates of the coding bootcamp with StartMart startups in need of development talent. More details of the partnership are in the press release below. We Can Code IT Launches StartMart Location for Adult Coding Bootcamps StartMart and We Can Code IT Partner to Connect Program Graduates with StartMart Members CLEVELAND, Aug. 18, 2015 – We Can Code IT announced today the opening of a second location for its adult coding bootcamps at StartMart, an entrepreneurship…
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