The rest of the 100 (in alphabetical order): Bill Baumel, managing director, Ohio Innovation Fund

Bill Baumel has brought his wealth of Silicon Valley experience to bear since co-founding the $40m Ohio Innovation Fund with Ohio State University and Ohio University in 2016.

Baumel, the fund’s managing director, had previously worked at venture capital firm RWI Ventures, helping to develop businesses in areas such as networking, semiconductor, software and life sciences.

This summer, Kent State University joined Ohio Innovation Fund as an anchor partner. In each of the past two years, one of the fund’s portfolio companies – advertising marketplace DoMedia and medical device maker Enable Injections respectively – has been named top early-stage company in the state by the Venture Ohio organisation.

In July this year, the fund led a series A round for drug compound manufacturer RXQ Compounding. This followed a $2m series B round in May for ConnXus, a supply-chain management business, led by Ohio Innovation Fund.