Area entrepreneurs can learn about grants available through the Innovation Fund at a free informational session from 1 to 3:30 p.m. Nov. 14 at Stark State College.
The five-year-old fund — designed to help startups at the earliest stages of development — is supported by a network of Northeast Ohio university, government and economic development partners. Each quarter, the fund awards grants up to $100,000 to about six companies in a Northeast Ohio region that includes Summit, Stark, Portage, Medina and Wayne counties.
The session will run from 1 to 3:30 p.m. at Stark State’s Business & Entrepreneurial Studies Center.
The session will be led by Cliff Reynolds, co-director of the Lorain County incubator, called GLIDE, that administers the Innovation Fund.
The informational session is about increasing grant applications in the Canton area.
“We believe there are more entrepreneurs leading high potential, technology-based startups in Canton and the surrounding areas than we are seeing in applications,” Reynolds said in a prepared remarks.
A Stark County company benefiting from the fund is Tesla NanoCoatings, which won $100,000 from the Innovation Fund in May of this year. The startup provides corrosion control coatings to the aerospace, military, petrochemical, transportation, marine, and industrial markets.
To register for the session, visit the www.innovationfundneohio.com.