LaunchHouse Accelerator Fuels Ten Cleveland Tech Startups
November 26, 2012 – The LaunchHouse Accelerator program (LHX) presents 10 technology- based companies to the investment community at LHX Showcase Day on Wednesday, November 28, 4-9 pm. The event will be hosted at Shaker LaunchHouse, 3558 Lee Rd. in Shaker Heights.
The startups have worked day and caffeine-fuelled nights to prepare for Showcase Day and beyond. The companies provide a range of cutting-edge, broad-based technologies including smart phone apps, online marketplaces and adaptable platforms. LHX provided $25,000 in seed capital – provided by a $200,000 ONEFund grant and a $50,000 matching grant from Cleveland-based, Clarion Direct Investment – and a “structured chaos” environment where the companies were developed and given access to mentors. LaunchHouse is the first and only accelerator in Northeast Ohio chosen to receive the ONEFund grant from the Ohio Third Frontier Program.