Faculty Weighs in on New Push for Health Tech Startups to Make a Home in Cleveland

Faculty Weighs in on New Push for Health Tech Startups to Make a Home in Cleveland

Posted 10.26.17

The Cleveland Clinic and JumpStart, Inc. the Cleveland-based nonprofit that offers entrepreneurial support, just announced a three-year partnership with Plug and Play, a company that specializes in proving training and support to startups, based in Silicon Valley. The goal? Lure budding health technology entrepreneurs to Cleveland.

The program, called Cleveland HealthTech Accelerator, will invite 10 fledgling companies to occupy Cleveland’s Global Center for Health Innovation. Every six months the startups will rotate out, with the hope that many stay in the region.

Weatherhead School of Management’s Michael Goldberg, assistant professor in the Department of Design & Innovation, weighed in on the new partnership in an interview on Cleveland’s NPR affiliate, WCPN, remaining cautiously optimistic.

“We need to keep our eye on what companies Plug and Play is going to bring here,” he told WCPN, expressing some concerns that the program should focus on quality over quantity. “To some degree, there may be competition for some of the best health care companies. Companies may choose to go elsewhere.”

Goldberg is an experienced venture capitalist and international business leader whose teaching is focused on the fields of entrepreneurship and early stage finance.

 

Listen to the full story on wcpn.ideastream.org


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