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Fund Details

Our seed funding for startups is designed for early-stage companies throughout Northeast Ohio that have already passed the family and friends capital-raising stage but have not yet received investment from outside firms. We provide two awards based on where a business stands with its technology offering.

Funding Option A

  • Awards funding up to $50,000
  • Designed for proof-of-concept
  • Helps validate new technologies
  • For prototyping, trials, and more
  • Must be matched dollar-for-dollar

Funding Option B

  • Awards funding up to $150,000
  • For testing business model around tech
  • Assists in new customer acquisition
  • Helps with new hires and market testing
  • Must be matched dollar-for-dollar

About

The Innovation Fund is a nonprofit that helps technology startups accelerate their growth through early-stage funding and education. We have helped hundreds of startups achieve their goals, and we can do the same for you.

companies-funded

+289

Companies Funded
jobs-created

+1,250

Jobs Created
students-engaged

+445

Students Engaged
amount-funded

$19.275Mil

Total Amount Funded

Recent Award Winners

NeoIndicate

NeoIndicate

Advanced tools for improved tumor detection.

Food Stretcher Plus

Electronic couponing system for people who are low income and/or receiving government assistance.

Corrolytics

Corrolytics developed an innovative test kit for the oil and gas industry to monitor microbial and internal corrosion of assets. This kit also is capable of determining biocide efficacy for microbial corrosion.

ZCath

The patented ZCATH catheter is a revolutionary intermittent urinary catheter with a molded open tip and single entrance opening, which eliminates eyelets.

BlendEd

BlendEd provides community college instructors with a library of digital learning materials and course authoring solution that helps them save time, earn more and teach better.

Strife AI

Strife AI is developing a software platform to allow video game developers to leverage the latest machine learning techniques.

ZOLIO

ZOLIO

Online resume platform.

ZETHUS SOFTWARE

ZETHUS SOFTWARE

Secure document management approach for unstructured data.

News

Innovation Fund is active in the Northeast Ohio region, helping technology startups pursue their dreams and get closer to commercialization. Along the way, we’re making a meaningful impact for students and the community. Learn more about what we’ve been up to below.

Contact

Have questions about our funding awards? Want to discuss a partnership? Interested in mentoring our entrepreneurs? We’d enjoy hearing from you! Reach out to us here to connect with our team.

Innovation Fund America
151 Innovation Drive
Elyria, OH 44035

Phone: 440-366-4121