Community Improvement & Capacity Building
Bounce Innovation Hub
AKRON, OH
Total revenue
$4.0M
Total expenses
$3.7M
Net assets
$1.7M
Grants received
$2.1M
27 grants
EIN
823351373
Tax year
2024
Mission
Provide services and programs to anyone with a mind for innovation to make their visions a reality.
Programs
3 programs
Place at bounce:bounce innovation hub is a community-facing destination that includes public coworking space, private offices, reserved desks, conference rooms, event and classroom space, business incubation space including labs, offices, and light manufacturing space, and the ground floor caf. In 2024, over 14,000 people visited the bounce facility for events, networking, programming, and meetings with resident companies. At the end of the year, 70% of the incubator space was occupied, housing 37 tenants. The coworking space housed 28 members, with nearly 400 day passes sold. Bounce's place strategy is designed to bring together entrepreneurs, small businesses, corporations, universities, and the broader community to foster collaboration and facilitate meaningful connections that catalyze economic development.
Other entrepreneurial programming & ecosystem work:in addition to the esp program, bounce provides a variety of other entpreneurial support programs including our beyond startup workshop series. Beyond startup offers bi-weekly accessible workshops that are open to the community. In 2024, bounce partnered with the city of akron, akron urban league, and western reserve community fund to launch the small business initiative (sbi). Under sbi, bounce provided free professional services to entrepreneurs located in qualified census tracts in the city of akron. Further, bounce leads the greater akron entrepreneurial ecosystem (spark akron) under the region's shared economic development strategy "elevate greater akron". Spark convenes two dozen entrepreneurial support organizations in greater akron who work together to strengthen the collective support infrastructure for the region's entrepreneurs.
Grow:bounce's grow program serves small businesses through cohort training classes, one-on-one business counseling, and networking opportunities. The grow program is focused on serving minority entrepreneurs and people of color, particularly those who are historically underrepresented as business owners.
Financials
FY 2024
Revenue
Expenses
People
11 listed
JESSICA SUBLETT
CEO
$240K
40 hrs/wk
SUSAN BERG HERMAN
CAO
$135K
40 hrs/wk
JENNIFER KELSCH
CFO
$84K
20 hrs/wk
RJ NEMER
BOARD MEMBER
—
3 hrs/wk
BILLY TAYLOR
BOARD MEMBER
—
3 hrs/wk
HANS DORFI
CHAIR
—
4 hrs/wk
VICKI TIFFT
BOARD MEMBER
—
3 hrs/wk
BRADLEY HELFMAN
ASSISTANT SECRETARY
—
3 hrs/wk
DOUG WEINTRAUB
BOARD MEMBER
—
3 hrs/wk
MARY TAYLOR
TREASURER
—
3 hrs/wk
LAURA BENNETT
BOARD MEMBER
—
3 hrs/wk
Independent contractors
WAVE STRATEGY
ESP PROGRAM
PROJECT MEDTECH CONSULTING
ESP PROGRAM
STAMBAUGH CONSULTING
ESP PROGRAM
Grants received
Showing 27 of 27
Funded by
$2.1M from 11 funders · 27 grants · 2018–2024
$1.5M · 7 grants · 2020–2024
$155K · 3 grants · 2022–2024
$105K · 5 grants · 2018–2024
$100K · 1 grant · 2023
$85K · 1 grant · 2020
$75K · 1 grant · 2020
$54K · 5 grants · 2021–2023
$15K · 1 grant · 2021