Ohio lags in venture cap investment: Clarion chief sees bleak business growth picture. (venture capital; Clarion Capital Corp.)

From: Crain's Cleveland Business | Date: November 16, 1992| Author: Wolf, Carol | Copyright information

Ohio isn't investing in the future.

That's the finding of a study by the Clarion Capital Corp. venture capital firm in Cleveland. The study shows the amount of venture capital invested here is paltry compared to other areas of the country.

Clarion Capital chairman Morton Cohen said he believes it's no coincidence that few of Fortune magazine's 100 fastest-growing companies are in Ohio.

"There is a definite correlation between the amount of venture capital ...