Cleveland, Ohio: May 1, 2020 – Octet Scientific has won a “B” Award from the Innovation Fund America to commercialize its proprietary chemical additives for rechargeable Zinc-based batteries.

Innovation Fund Northeast Ohio was founded by the Lorain County Community College Foundation in 2007 to fill the capital needs of Northeast Ohio startups at the earliest stage of development. It is the most active pre-seed fund for technology startups in the region and uses Ohio Third Frontier proceeds as its source of funding. To learn more about Octet’s work, contact us at: info@octetsci.com

To learn more about the Innovation Fund and its program, visit: www.innovationfundamerica.org.

Innovation Fund America is a nonprofit partnering with community colleges to accelerate the growth of technology startups through early-stage funding and education. Community colleges are ideal environments for innovation and entrepreneurship. We help colleges leverage their mission, partnerships, and capacity to launch Innovation Funds. These funds provide entrepreneurs the capital, mentoring and education they need to launch and grow new companies, all while inspiring the next generation of innovators. We don’t take any equity, so our money is entrepreneur friendly. And we’re based at community colleges, so our approach is all about entrepreneur education. We fund technology startups led by entrepreneurs who want to create jobs in their communities and inspire the next generation of entrepreneurs. We only have one goal: to help startups succeed. That’s why we work the way we do.