State Representative Marlene Anielski (R-Walton Hills) has announced that the State Controlling Board recently approved the release of $825,000 from the Innovation Ohio Loan Fund to MOVband, LLC to further develop their wellness software platform in Brecksville.


MOVband designs, develops and markets a wearable activity tracking device along with a cloud-based computing platform offered as a software product to inspire people to lead more active, healthy lives. The platform is highly scalable and allows the company to easily expand its school and corporate offerings and grow revenues.


“Job creation is crucial in this economic climate,” Rep Anielski said. “It is always refreshing to have positive news and have another business prosper in assisting more Ohioans get back to full-time employment.”


According to documents from the Office of Budget and Management, MOVband’s project involves capitalizable software development for its next generation activity tracking device and to develop more integrations. As a result of the project and state assistance provided, MOVband has committed to create 31 full-time jobs and retain nine existing full-time jobs at the project site.


This funding assistance represents 75 percent of the total investment of $1.1 million in software development costs at the project site.

 
 
 
  
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