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JobsOhio Growth Capital Program

Investing in Ohio’s next generation of great employers and intellectual property creators

JobsOhio Growth Capital (JOGC) program is a syndicate (sidecar) fund that allocates investments to companies who are Ohio-based or planning to locate a significant presence in Ohio as early-stage venture-backed companies.

Complete Pre-qualification Questionnaire
Growth Capital Fund infographic
For Early-Stage High-Growth Companies

JobsOhio Growth Capital fuels innovation and measurable results.

Portfolio companies & 3 exits
non-Ohio co-investors & 18 Ohio-based venture funds
additional venture investment & 1:5 leverage on JOGC capital

Portfolio Companies

Aware logo
Prevedere logo
Cleveland Diagnostics logo
enosix logo
Prior Auth Now logo
scriptdrop logo
Standard Bariatrics logo
Full Portfolio


Clarametyx Bioscience logo
CARB-X Awards Clarametyx Biosciences $3.89 Million
ortho brain logo
Standard Bariatrics logo
Standard Bariatrics, Inc. Achieves Final Series B Funding
scriptdrop logo
Caduceus Capital Partners Adds ScriptDrop to Portfolio
Cleveland Diagnostics logo
Cleveland Diagnostics Announces Publication of Study
prevedere logo
Prevedere raises $25M from Norwest, Microsoft, Workday
PriorAuthNow logo
PriorAuthNow Raises $25 Million to Expedite Authorizations
Include Health logo
Google, ProMedica team up with IncludeHealth

Interested in Investment?

Complete the pre-qualification questionnaire and our team will contact you. Be prepared to upload non-confidential investor pitch deck and/or executive summary and capitalization history and plan.

“JobsOhio is an invaluable partner, playing a fundamental role in both attracting East Coast VC investment and catalyzing follow on investments when Goldman Sachs leaned into our pre-emptive C-round. That kind of leadership makes a HUGE difference for Midwest-based startups.”
Greg Moran
COO / Aware


Aware announced that it has raised a $60 million Series C round led by Goldman Sachs Asset Management, with participation from previous investors including Spring Mountain Capital, Blue Heron Capital, Allos Ventures, Ohio Innovation Fund, JobsOhio and Rev1 Ventures.

Aware logo

Growth Capital Program Details

Financing Instrument

  • The JobsOhio Growth Capital Program can participate via convertible debt and direct equity on terms that are materially the same as those of the lead investor.
  • JobsOhio Growth Capital Program investment amount is generally 1:1 aligned with the lead investor’s commitment and, as a side-car investment, can take up to 20% of the current investment round; JOGC will not own more than 20% of any individual investment.

Ideal Candidate

  • Ohio-based company or out-of-state candidate agreeing to locate a meaningful base of operations in Ohio as a condition of the JOGC investment
  • Aligned with JobsOhio target sectors
  • Raising a Series A round or later
  • Demonstrating significant growth (revenue and employment)

Investment Criteria

  • Candidate must have already received significant past financing.
  • Candidate must have secured a term sheet from a lead investor for the round JobsOhio Growth Capital Program is invited to participate in. The qualified lead investor must be willing to accompany the candidate company for JobsOhio Growth Capital investment consideration.
  • A qualified lead investor is an investment firm or institution, located in or outside of Ohio, that makes direct investments professionally and has a formal, rigorous due-diligence processes. Additionally, a qualified lead investor should have a track record of successful exits.

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