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Youngstown, OH -- Valley Growth Ventures, a $6 million micro-venture capital investment fund focused on investment in Ohio-based companies, with a heavy interest in the the Mahoning Valley, has made 3 investments since the fund closed in early March of 2018.
The 3 Investments have been made in:
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The Mahoning Valley Economic Development Corporation (MVEDC) has been a partner with Valley Growth Ventures since the firm’s founding. MVEDC helped lead the grant submissions that formed the fund and with the initial set-up of VGV. Currently all back office operations, from accounting to financial transaction management, are performed through the partnership with MVEDC.
We had the opportunity to speak with MVEDC’s lending team leader and go-to woman, Teresa Miller, who also works with VGV as financial manager, about what’s going on at MVEDC currently. Eugene Calabria is the CEO and President of GBS Corp, a leading information solutions provider that improves processes for their clients by enhancing their productivity. Eugene also serves on VGV’s Advisory Board and GBS helps the firm with due diligence on companies, particularly on technology evaluations. We spoke with him about GBS and its role in the region.
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