CincyTech
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Economic DevelopmentDescription
Cincinnati, OH 45206
CincyTech is a regional technology initiative supported by the State of Ohio's Third Frontier Project. CincyTech's mission is to accelerate the growth of start-up technology businesses into high growth companies in Southwest Ohio through management assistance, seed capital investments, and connections to partners who share their mission. Their work focuses on opportunities in information technology and bioscience. They provide the following services: connections to a network of resources for assistance; management assistance to help accelerate the growth of promising technology companies; seed stage investments through a $10.4 million seed fund; capital formation assistance provided by an investment development director who will work with clients to access follow-on rounds of capital from angel and private equity investors regionally and nationally; and imagining grants to prove the potential of technologies developed at regional research centers to be commercialized by startup companies. Grants will also be available to launch new companies based on orphaned technology at established regional companies.
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