October 04, 2011 12:50 ET

TECHudson Appoints Fundraising Director

HUDSON, OH--(Marketwire - Oct 4, 2011) - The Technology Entrepreneurial Center of Hudson (TECHudson), a new business incubator, recently appointed Michael DeAloia, the former "Tech Czar" for the city of Cleveland, as its new Fundraising Development Director.

In this role, DeAloia will help give TECHudson and new businesses access to key funding services, including angel investor introductions, corporate and foundation grant opportunities, investor tax credits and low interest loan opportunities. He will also support TECHudson as it develops an investment fund.

"A part of any successful business plan is a strategic funding component," said TECHudson Executive Director Jim Phipps. "Michael has vast knowledge of the financial community in Northeast Ohio, and can provide sound funding direction to help new businesses grow."

During his tenure as the Tech Czar, DeAloia was able to recruit 37 tech companies into the city of Cleveland, which brought or created nearly 1,000 jobs. He is a co-founder and partner in, a Cleveland-based firm that specializes in creating distinctive events around emerging chefs, culinary trends and destination dining experiences.

He was the co-founder and CFO of BlueBridge Networks, a Cleveland-based provider of data center services. DeAloia also co-founded and is an investor in, which is a social media shopping network platform. He has also worked for LNE Group; FIT Technologies; Saltz, Shamis & Goldfarb; Ernst & Young; National City Venture Capital and National City Bank.

"I have extensive experience in creating new businesses and bringing jobs to Northeast Ohio," DeAloia said. "I look forward to helping business owners who are trying to do the same."

In order to help promote business and foster job growth, TECHudson encourages all entrepreneurs to contact Jim Phipps at or visit

About TECHudson
TECHudson, a business incubator located in Hudson, Ohio, was launched in the spring of 2011. The company's goal is to attract technology-based, start-up companies to the Hudson area to create industry and jobs in the community. TECHudson provides entrepreneurs with resources to successfully grow their businesses, including office space and advice in business, technology and marketing.

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