LaunchHouse partners with LightHouse Ohio for student business accelerator

Honors 14 local high school students for entrepreneurial endeavors

LaunchHouse has partnered with LightHouse, a non-profit organization that aims to invest in and foster the growth of Northeastern Ohio’s most promising student entrepreneurs. The LightHouse entrepreneurial accelerator program, LEAP, will give 10-15 students access to workspace, an entrepreneurial curriculum, a network of mentors, and even possible investment dollars in order for them to build their business ideas into fully-fledged startups.

To announce the official launch of the partnership, LaunchHouse and LightHouse hosted “A Night of Recognizing Student Entrepreneurs,” which was held at LaunchHouse, to honor 14 students for their entrepreneurial endeavors. These students represented seven Northeast Ohio high schools:

-          Beachwood High School

-          Shaker Heights High School

-          University School

-          Solon High School

-          Montessori High School

-          Chagrin Falls High School

-          Hawken School

Greg Malkin, Director of the Entrepreneurship Institute at University School, delivered the night’s keynote speech.

“LightHouse is, essentially, “LaunchHouse” for students. We aim to provide support, mentors, investment, and space for the entrepreneurial student community in Cleveland,” stated Zach Schwartz, managing partner of LightHouse. “Our program, LEAP, is one of the nation's first-ever true business accelerators for high school students. We are excited to launch the inaugural LEAP class in the summer of 2013 at LaunchHouse.”

With the LaunchHouse mission to create an entrepreneurial hub of innovation in the Northeast Ohio, as well as to keep entrepreneurs in the region, the LightHouse model of working with student entrepreneurs works in conjunction with that mission.  Ultimately, both organizations aim to build the region’s entrepreneurial ecosystem.

“Local high schools are just beginning to promote entrepreneurship in their curriculum,” said Todd Goldstein, CEO and managing partner of LaunchHouse. “However, it is not a well defined area for students to fully know what it means to build a company. If Northeast Ohio high school students start a business prior to entering college, chances are much higher for them to come back to the region following graduation.”

Previous to partnering with LightHouse, LaunchHouse has worked with and hosted students from University School, Hawken School and Montessori High School.

About LightHouse

LightHouse is an incubator/accelerator for Northeast Ohio high school student entrepreneurs. LightHouse, through a strong partnership with the Shaker LaunchHouse, offers its clients access to workspace, mentors, investors and a community of entrepreneurs all in order to help them grow and be successful. LightHouse’s flagship LEAP program is one of the nation’s first true business accelerators for high school students. It aims to take Northeast Ohio’s most promising high school student entrepreneurs, and develop their business ideas into reality over the course of a 6-week summer program. Visit www.lighthouseohio.com for more information.

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