Impressive: Startup Numbers that Matter
Recently, TechColumbus conducted its mid-year survey of our engaged clients and companies that have received funds administered by TechColumbus. These startup numbers matter.
We validate, analyze, and interpret this data to measure our effectiveness and our progress toward our goals of helping the entrepreneurs successfully start companies that add jobs and wealth to the Central Ohio economy.
Here’s why this $11.7 million is something to celebrate. Individual angels invest for two reasons. They have an affinity for the concept, and/or they have a strong belief in the founding team.
The $11.7 million is an indicator that confidence is high.
In my experience, when individuals, especially individual angels weigh in, that’s the strongest indicator that the Central Ohio technology startup ecosystem is building steam.
Data suggests that Columbus is rapidly becoming a vibrant technology start up ecosystem. Onward and upward!
Greg Pugh is TechColumbus’ Senior Vice President of Venture Acceleration.