Venture fund seeks to diversify tech startups
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A non-profit based in Ohio, JumpStart Inc provides entrepreneurs with business support that includes access to capital and contacts for future growth. After several recent reports highlighted the gender and race homogeneity of both tech and venture capital industries, JumpStart Inc launched its Focus Fund specifically for women and ethnic minority entrepreneurs. Several investors in the fund actively champion diversity in gender and ethnicity, as well as location and experiences, which is reflected in one of the key criteria for the funding. Organizations receiving investment must be based in Ohio or willing to relocate to the state. With 78 percent…
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