New Albany Resident Promotes Funding Literacy

Written by Innovate New Albany@InnovateNA12 years ago

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New Albany resident and angel investor, John Huston says startups have great ideas, but often lack the necessary skills to present them in a way that will help garner long-term venture capital.

In a recent interview with Business First, Huston, who founded Ohio TechAngels, one of the country’s largest angel investment firms, says while big ideas have never been more prolific among central Ohio’s growing contingent of startups, the lack of funding literacy can impede a company’s success and make it difficult to get beyond the initial seed funding.

Turning an idea into reality requires the ability to map out a realistic funding strategy to ensure the resources necessary at each stage of development to create a viable entity. Read more of the Q&A with Carrie Ghose at Business First. Learn more about Huston from a Q&A in our blog.

Innovate New Albany, the city’s incubator for technology startups, entrepreneurs and small businesses, features 16,000 square feet of space within the New Albany Business Park’s Signature Office Building, 8000 Walton Parkway.