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City of Akron to Invest $475,000 in Bounce Innovation Hub

Ideastream Public Media | By Tanisha Thomas
Published March 4, 2020 at 7:06 PM EST
Bounce Innovation Hub houses a number of startups and will open a new first floor generator space next month that will offer co-working, meeting rooms, and makerspace as well as a cafe.
HAZEL TREE DESIGN STUDIO
Bounce Innovation Hub houses a number of startups and will open a new first floor generator space next month that will offer co-working, meeting rooms, and makerspace as well as a cafe.

The City of Akron is investing $475,000 in the Bounce Innovation Hub to further its future success.

In return, the city will receive access to Bounce’s facility, including holding private meetings without a rental fee and having a desk in its co-working space.

Bounce’s Chief Marketing Officer Jeanine Black says the investment helps Bounce’s mission to be a more inclusive and accessible resource for women and minority entrepreneurs.

“Our numbers have really gone up, which is very encouraging, and these funds will only help us continue that work," Black says.

The city will pay Bounce in increments over three years.

Bounce also hopes to use the money to hold future professional networking and development events for the community.

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Tanisha Thomas
Tanisha Thomas is majoring in journalism at Kent State University where she will be graduating this year in May. During her time at Kent State, she has written for The Burr Magazine and Uhuru Magazine, and produced and anchored for TV2. She is currently the Editor-in-Chief of Uhuru Magazine. In her down time, she enjoys playing Sims, discussing pop culture or curling up with her dog Lucky.
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