According to an article in Crain's Cleveland Business, Ohio is making a name for itself in venture capital investments. A new study from Ohio State University's Fisher College of Business shows a 4-to-1 margin between Ohio and competing states.
The report, entitled "Developing a Strong Foundation for Growth," found that Ohio businesses have received increases in investments annually since 2005, with a 70% increase in 2010. Additionally, Ohio's late-stage companies reached a record $295 million in funding, and related financings tripled to 66.
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