Wednesday, May 19, 2010

GLIDE receives $75K to help budding companies

State Rep. Matt Lundy (D-Elyria) and State Sen. Sue Morano (D-Lorain) announced May 10 that the state will spend $75,000 to help a local program that encourages new high-tech companies to create jobs. The Great Lakes Innovation and Development Enterprise (GLIDE) will use the state funds to expand their services to more budding companies.

“To compete for high-tech jobs for Ohio the state must continue to invest in GLIDE. By helping the companies grow, we are able to grow new jobs for Ohio,” Lundy said.

GLIDE was founded in 2001 as a partnership between Lorain County Commissioners, Lorain County Community College and the Ohio Department of Development. Their mission is to promote job creation and economic growth in Lorain County and northern Ohio. GLIDE serves as a business incubator to support all facets of the start-up, development and growth of technology based companies. More here.

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