Thursday, April 23, 2009

Good news indeed - JumpStart helps grow local economy

A new report out of Cleveland State University's Center for Economic Development proves that the money invested in local nonprofits to assist start up and early stage companies is paying off.

The article in the Akron Beacon Journal indicates that because of the investments by JumpStart Inc. the regional economy grew $75.7 million in 2008. Specifically the following achievements were highlighted:

• Helping to generate $8.3 million in taxes.

• Creating or retaining 502 jobs.

• Producing $20.9 million in household income.

Kudos to JumpStart! Read the full article

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