TechGROWTH Ohio: Public Venture Capital and Rural Entrepreneurship

G. Jason Jolley, Ikenna Uzuegbunam, J. Glazer · 2017 · AgEcon Search (University of Minnesota, USA)

Summary. TechGROWTH Ohio, a public venture capital organization, supported over 1,300 entrepreneurs and 1,100 startups across 20 Southeast Ohio counties from 2007 to 2016. The program invested in 14 portfolio companies, leveraged $350 million in follow-on funding, and created over 575 jobs with average salaries nearly 60% above the regional median. The organization achieved a $17.80 return for every dollar of state investment, demonstrating effective rural entrepreneurship support aligned with national best practices.

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Jolley, G. J., Uzuegbunam, I., & Glazer, J.. (2017). TechGROWTH Ohio: Public Venture Capital and Rural Entrepreneurship. AgEcon Search (University of Minnesota, USA). https://doi.org/10.22004/ag.econ.339906

@article{jolley-2017-techgrowth-ohio-public-venture-capital,
  title   = {TechGROWTH Ohio: Public Venture Capital and Rural Entrepreneurship},
  author  = {G. Jason Jolley and Ikenna Uzuegbunam and J. Glazer},
  journal = {AgEcon Search (University of Minnesota, USA)},
  year    = {2017},
  doi     = {10.22004/ag.econ.339906},
  url     = {https://doi.org/10.22004/ag.econ.339906}
}

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Details

DOI: 10.22004/ag.econ.339906
Countries: United States
Regions: North America
Categories: entrepreneurship, funding, regional-innovation-systems, general-innovation
Added: 2026-08-01