ED/I  Great Lakes Innovation and Development Enterprise

http://www.glideit.org





     Office Locations:

151 Innovation Drive, Suite 210
Elyria, OH 44035
Phone: 440-366-4310
Fax: 440-366-4320

 

Stages:

  • Seed


 

Industries:

  • Information Technology

  •  

    Description:

    The Great Lakes Innovation and Development Enterprise (GLIDE), founded in 2001, is a comprehensive regional innovation center, resource hub, and business incubator that supports all facets of the start-up, development, and growth of enterprises. Created by a partnership between the Lorain County Commissioners, Lorain County Community College, and the Ohio Department of Development, GLIDE's objective is to grow jobs and spearhead economic growth in both Lorain County and the Northern Ohio region. GLIDE has worked with more than 6,842 entrepreneurs since its inception in May 2001. Rather than reinvent services currently offered within Northern Ohio, GLIDE's role is to provide free linkage for entrepreneurs to existing service providers and to find ways to fill the gaps for services not currently offered. GLIDE has developed an extensive network of service providers in areas such as capital funding, sales and marketing, legal and financial assistance, human resource development, and IT support. In July 2006, GLIDE was designated an Edison Technology Incubator. This award allows GLIDE to support entrepreneurs, often with limited resources, to further develop their product or service. Its portfolio companies have grown revenue by $89 million.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Jim Walborn Director
    Russell Donda Entrepreneur-in-Residence

     

    Portfolio companies include:

     

    Recent News: