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Innovation Fund at Lorain County Community College grants $375,000

The Innovation Fund at Lorain County Community College Foundation is making $375,000 in grants to six Northeast Ohio companies — two of them in biosciences.

LORAIN, Ohio — The Innovation Fund of the Lorain County Community College Foundation is making $375,000 in grants to six Northeast Ohio companies — two of them in biosciences.

  • Akron Research Commercial Group, Akron, Ohio, will get $25,000. The research group is developing a new class of silver-based agents that fight bacteria in the lungs of cystic fibrosis patients.
  • Synostics of Cleveland, Ohio, will get $100,000. Synostics is developing a diagnostics system for osteoarthritis that is based on biomarkers.

Twenty-four companies have received grants of $1.8 million from the Innovation Fund, which aims at getting technology companies off the ground.