© 2022 WKSU
Public Radio News for Northeast Ohio
Play Live Radio
Next Up:
Available On Air Stations
Weather-related closings from WKYC

City of Akron to Invest $475,000 in Bounce Innovation Hub

a rendering of the reception area in the Generator at Bounce
The Bounce Innovation Hub includes co-working and office space the city plans to utilize

The City of Akron is investing $475,000 in the Bounce Innovation Hub to further its future success.

In return, the city will receive access to Bounce’s facility, including holding private meetings without a rental fee and having a desk in its co-working space.

Bounce’s Chief Marketing Officer Jeanine Black says the investment helps Bounce’s mission to be a more inclusive and accessible resource for women and minority entrepreneurs.

“Our numbers have really gone up, which is very encouraging, and these funds will only help us continue that work," Black says.

The city will pay Bounce in increments over three years.

Bounce also hopes to use the money to hold future professional networking and development events for the community.