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Ohio Venture Community Announces Creation of VentureOhio

2/20/2014

 Columbus, Ohio – February 20, 2014 – VentureOhio, a newly formed trade association representing
organizations that finance and support entrepreneurs based in Ohio, announced today it will pursue
several key policy initiatives and programs for 2014. These policies will increase early stage capital
availability and promote entrepreneurial growth and job creation in Ohio.

“VentureOhio will be a unified voice for the venture investors, incubators, accelerators, universities, and
other organizations that are launching and growing high potential businesses in Ohio,” said John
McIlwraith, VentureOhio Chairman and Allos Ventures Managing Director.

“Venture investment is a long term investment in both time and money,” said Steve Haynes, founding
member of VentureOhio and Chairman of Glengary LLC. “Venture investors are actively engaged with
the companies in which they invest and take a significant role in scaling a small business of two to five
employees to a national or international competitor with hundreds or thousands of employees. When
done well, everyone benefits including customers, employees, shareholders and communities.

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