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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…

Kiwi Creative | Full Article Day 3 of the sold-out conference kicked off with some big names: Cleveland Mayor Frank Jackson; Congressman Warren Davidson; blockchain superstar Nick Szabo; Beth MooneyChairman and CEO, KeyCorp; and John Donovan, CEO, AT&T Communications. Congressman Warren Davidson related blockchain to a balance sheet; unlike a balance sheet, however, blockchain and cryptocurrency don’t fit perfectly into a “debit” or “credit” column. It’s in a sense it’s own asset category—not quite a debt, not quite equity. Read More

Bitcoin Exchange Guide | Full Article Two companies of the state of Ohio, in the United States, have recently invested more than $100 million USD into blockchain companies. The two startup accelerators have their eye on the blockchain technology now and, according to the original reports, which were made by Cleveland.com. JumpStart, an Ohio-based nonprofit that is mainly focused on helping young startup companies, is together with other companies from Ohio donating the money to help these startups. Another business accelerator called FlashStarts, which is also from Ohio, will make $6 million USD available for companies that want pre-seed funding…

Cleveland.com | Full Article Technology funds in Ohio will make hundreds of millions of dollars available to blockchain startups, JumpStart CEO Ray Leach announced Sunday. JumpStart, along with six other funds from across Ohio, plan to invest $100 million in early-stage startups, and all of them are interested in startups that focus on using blockchain technology for business or government, like using the online ledger system to store government documents. FlashStarts, a local venture fund and business accelerator, also announced a $6 million pre-seed fund for blockchain startups. Read More

Norwalk Reflector | Full Article Last week, Ohio became the first state to allow businesses to use bitcoin to pay 23 different taxes at OhioCrypto.com, a website run by the Office of the Ohio Treasurer. “I believe if we’re going to make Ohio a place for the leaders in the technology economy we have to make Ohio a leader in technology first,” Ohio Treasurer Josh Mandel said. “I envision it as Ohio planting the flag to make us the leader in blockchain technology.” Blockchain technology is a growing list of records linked by cryptography — coded secure communications — to act…

Coin Desk | Full Article Two startup accelerators in the U.S. state of Ohio are reportedly to invest more than $100 million into blockchain firms. According to a report from Cleveland.com on Monday, JumpStart, an Ohio-based nonprofit that supports and funds startups, is to invest $100 million in early stage blockchain firms focused on business or government use cases alongside six other funds in the state. Another business accelerator FlashStarts, from Ohio’s Cleveland city, is reportedly also making $6 million available to enable startups to raise pre-seed funding rounds. Read More

ETHNews | Full Article Yesterday at the Blockland Solutions Conference in Cleveland, Ohio, it was announced that technology funds JumpStart, FlashStarts, and several others plan to financially support nascent blockchain startups. Ray Leach, CEO of JumpStart, said his organization and six other groups want to invest $100 million, while FlashStarts is offering a $6 million pre-seed fund, according to a December 2 Cleveland.com report. Investors are interested in startups that focus on blockchain's role in business or government solutions. Indeed, these two realms – business and government – are Cleveland's "niche," according to Bernie Moreno, one of the key organizers behind the conference. Read More

Coin Cryptorama | Full Article Technology funds in Ohio will make hundreds of millions of dollars available to blockchain startups, JumpStart CEO Ray Leach announced. JumpStart, along with six other funds from across Ohio, plans to invest $100 million in early-stage startups that focus on using blockchain technology for business or government, like using the online ledger system to store government documents. FlashStarts, a local venture fund and business accelerator, also announced a $6 million pre-seed fund for blockchain startups. Though nothing official has been announced, Leach also said additional investment teams plan to make $200 million over the next…

TNY | Full Article Ohio is set to make another play in the blockchain and cryptocurrency game as tech accelerator funds look to pump millions of dollars into blockchain startups in the state. One such fund, JumpStart, is looking to invest $100 million into early-stage startups that are developing blockchain-based technologies. A $6 million business accelerator fund, FlashStarts, has also been setup to provide seed funding to blockchain startups, local Cleveland news reports. Read More

Yahoo! Finance | Full Article Ohio funds will pour over $300 million into blockchain startups through 2021, Northeast Ohio daily news outlet Cleveland.com reported Dec. 3, quoting executives. Speaking at the ongoing Blockland Solutions conference, nonprofit JumpStart CEO Ray Leach announced that a total of seven funds were primed to invest $100 million in “early-stage startups that focus on using blockchain technology for business or government.” Another $200 million was being considered by “additional investment teams” for blockchain outfits working within Ohio’s social welfare projects, dubbed “Opportunity Zones.” Read More