THE AKRON DEVELOPMENT CORPORATION WAS ORGANIZED TO SUPPORT ECONOMIC DEVELOPMENT INITIATIVES IN THE CITY OF AKRON, PARTICULARLY THROUGH THE FORMER AKRON GLOBAL BUSINESS ACCELERATOR AND TO SECURE STATE OF OHIO FUNDING FOR TECHNOLOGY-BASED BUSINESSES. (THE FORMER AKRON GLOBAL BUSINESS ACCELERATOR SPUN OFF FROM THE CITY OF AKRON AND IS NOW AN INDEPENDENT ENTITY KNOWN AS THE BOUNCE INNOVATION HUB, WHIC…