As part of its work to strengthen the economic competitiveness of Northeast Ohio, the Fund for Our Economic Future retained Scott Shane, the Mixon Professor of Entrepreneurial Studies at Case Western Reserve University, to prepare a report on potential steps that could be taken to spur entrepreneurial activity and generate job growth in Northeast Ohio.
Professor Shane’s report concludes that the Fund should focus on proposals that:
- Attract experienced, successful venture capital-appropriate entrepreneurs to the region.
- Augment the amount of pre-seed grant funding available to prove potentially commercializable technologies.
- Increase the number of angel groups and venture capital firms operating in the region and the magnitude of their investment activity.
Read Professor Shane’s full report by clicking on the link below. You must be registered with AdvanceNortheastOhio.org to access the report. Registration is free. Please register here.
Let us know what you think of his recommendations, and what you’d like to see the region do to accelerate entrepreneurship. The Fund for Our Economic Future will use your input to help shape its response to the recommendations made by Professor Shane.