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Do Akron, Youngstown and Other Parts of the Industrial Midwest Have What It Takes to Interest Silicon Valley?

5/8/2018
Youngstown and Akron are focal points of this MarketWatch story about the "Valley to Valley" group — a team of entrepreneurs, politicians and Silicon Valley investors who "are on a mission to restore those cities and industries with big venture capital money; new, cutting-edge technology; and local talent motivated to take risks and innovate."
 
Patrick McKenna, a serial entrepreneur and venture capitalist who is participating in the effort, tells MarketWatch "There's a crisis and an urgency" to bring more investment to the industrial Midwest. The modern technology economy needs to work for more people and more places."

Total Silicon Valley venture investment in Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin "has declined each of the past three years, now accounting for just 8% of the total in 2017, according to figures from PitchBook, a financial data company," MarketWatch reports. That led to this spring's "Comeback Cities Tour" that took a dozen Silicon Valley investors to cities including Youngstown and Akron.  Click here to read more.
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