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CLEVELAND, Sept. 7, 2016 /PRNewswire/ -- Cleveland-based venture development organization, JumpStart Inc. has announced the first eight investments from its recently closed NEXT Fund. Collectively, these Ohio companies received $5 million from the $20 million fund through a combination of equity and convertible debt.

"This roster of portfolio companies represents some of the most exciting high-potential startups in Ohio," said JumpStart CEO Ray Leach. "The companies also range across a variety of sectors, from software and healthcare IT to medical device manufacturing and business services."