JumpStart has invested $250,000 in an Akron-based company that uses an adhesive pad to dissipate heat generated in computers and electronics. The adhesive was inspired by the properties of the footpads of geckos, the small lizards that are able to climb walls. JumpStart, in part funded by Knight Foundation, has invested $2.75 million in Akron-based companies.
The news was featured in the Saturday edition of the Akron Beacon Journal in an article "Gecko feet inspire startup business, attract money."
Last month, Knight Foundation announced a $1 million grant to JumpStart to support an effort to bring a new model for engaging residents in fostering entrepreneurship to 20 cities across the country.
The community-focused effort will work with regional public, private and philanthropic partnerships to spur the creation of new jobs by developing, identifying and supporting high-impact entrepreneurs.