CincyTech is a trusted partner in transforming ideas into high potential technology companies in Southwest Ohio.
We are focused on two key outcomes: creating jobs and providing a return for our investors. We are supported by more than two dozen foundations, corporations, municipalities and individuals as well as the Cincinnati USA Regional Chamber, the University of Cincinnati, Cincinnati Children’s Hospital Medical Center and Ohio Third Frontier.
Our goals are to:
1. Maintain an entrepreneurial assistance climate that supports the creation, retention and attraction of investable technology companies in Southwest Ohio;
2. Build a pipeline of technology company deal flow that increasingly attracts the resources of venture capital firms both within and outside Southwest Ohio; and,
3. Build a network of universal support for technology companies in Southwest Ohio.
Southwest Ohio Technology Focus:
Using the Third Frontier’s technology targets as a guide, CincyTech’s services and investments are focused on existing and emerging regional clusters of talent, deal flow and growth/return potential in four technology areas, as summarized below.
- Enterprise software, business software applications and technology-enabled services.
- Digital marketing technologies and consumer digital companies.
- Bioscience products
(These companies emerge from the significant research pipelines at Cincinnati Children’s Hospital and UC, with some also emerging from the concentration of medical device expertise in the region; are based on strong intellectual property developed by world-class researchers; and include therapeutics, medical devices and molecular diagnostics.)
- Digital health care/informatics.
CincyTech provides core entrepreneurial support services to opportunities in our technology focus areas and that meet the following additional criteria:
Opportunities must be at the seed stage, meaning they have not generated significant material revenue in market (less than $1 million).
- Addressable Market
Opportunities should have an annual domestic addressable market of $250 million.
- Business Model
Opportunities should offer high-gross-margin business models that are most attractive to seed- and venture-stage investors.
Opportunities should have a rapid path to market, less than one year for digital companies and less than three years for most bioscience companies.
- Capital Efficiency
Opportunities should be able to reach concept validation for less than $1 million and reach sustainability or venture readiness with no more than $2.5 million.
Core Entrepreneurial Assistance Services
Because most technology companies are not investment ready when we first work with them, CincyTech entrepreneurial services span the Evaluation/Improvement, Investment Readiness and Post-Investment stages of development.
CincyTech Services by Stage
|Evaluation & Improvement||
Other Community Services
Public Relations and Communication Assistance for CT and Portfolio Companies
Networking Events for Entrepreneurs and Investors