Ohio Third Frontier Awards $9.1 Million to Southwest Ohio Entrepreneurial Ecosystem

Ohio’s Third Frontier Commission has awarded $9.1 million to the Cincinnati region’s efforts to attract and foster entrepreneurs and innovators, grow high potential startup companies and create new jobs. That total represents a $3 million increase over the previous award for the 2013- 2014 time period, and was the full amount requested.

The award will fund the Southwest Ohio Entrepreneurial Signature Program (ESP)—one of six in the state—through the end of 2016. The ESP is administered by the venture development organization CincyTech but provides funding for many organizations in the region’s startup ecosystem.

“These funds will enable us to continue to support and invest in high potential companies through 2016,” said CincyTech president and CEO Bob Coy. “We are thankful for this award and look forward to further growing local companies and our region’s reputation as a startup hub.”

The award also includes funding for:

–The Brandery accelerator. “With the state’s support The Brandery will be able to continue operating one of the nation’s top accelerators, attracting, supporting and retaining both local and global high-potential startups to Cincinnati,” said Brandery General Manager Mike Bott. “Few accelerators can point to their state government as an invaluable partner, but The Brandery certainly has an amazing strategic ally in the Ohio Third Frontier.”

–Cintrifuse, the regional non-profit that enables the building of high growth companies. “We are grateful for the award from the Ohio Third Frontier and view it as a vote of confidence in Southwest Ohio as an emerging and vital entrepreneurial ecosystem,” said Wendy Lea, Cintrifuse CEO. “This important source of funding allows Cintrifuse to stay on task and continue building on our existing programs designed to uplift entrepreneurs across the region.”

–The HCDC Business Center, the region’s longest running incubator. Said president and CEO David Main, “I am gratified that the Ohio Third Frontier selected to invest again in the HCDC Business Center. When taxpayer money is involved, you must produce results. I believe this grant recognizes and validates our track record of producing strong startup companies for over 25 years.”

–University of Cincinnati Technology Commercialization Accelerator.

Ohio Third Frontier is a technology-based economic development initiative that is successfully changing the trajectory of Ohio’s economy. The $2.1 billion initiative provides funding to Ohio technology-based companies, universities, nonprofit research institutions and other organizations to create new technology-based products, companies, industries and jobs.

Assurex Health a Finalist for USA Today Entrepreneur of the Year

Assurex Health is proving Midwestern states far from Silicon Valley can produce cutting-edge technology companies.”

So begins USA Today’s profile of Assurex Health that launches the national newspaper’s Entrepreneur of the Year series. The thriving personalized medicine company based in Mason, Ohio is one of ten finalists.

Read the full article here.

Enable Injections Signs Development Deal with CSL Behring

Enable Injections has signed a long term, strategic development deal with CSL Behring AG of Bern, Switzerland, to market Enable’s novel drug delivery device. The bolus injector is about the size of an Oreo cookie and adheres to the skin. Pending regulatory approval, it would allow some patients to self-administer treatments, moving care from a clinic setting to a patient’s home.

Read the full release here.

PUT IT ON YOUR CALENDAR: CincyTech 2014 Annual Big Breakfast + Startup Showcase

On November 5, kickstart your morning along with hundreds of local tech entrepreneurs, investors and other members and friends of Cincinnati’s vibrant startup community. Get to know up and coming tech companies in our startup showcase, and, as always, fuel up on good coffee, breakfast sandwiches and seasonal pastries!

Register here.

WorkFlex Introduces Intelligent Agent Self-Service Mobile Apps

WorkFlex Solutions LLC (“WorkFlex”), the industry leader in Intelligent Intraday Automation® solutions for contact centers announced today the release of new iPhone and Android apps for their Intelligent Agent-Self-Service product suite. WorkFlex empowers contact center agents with the flexibility to instantly change their schedules anywhere/anytime while ensuring that each change helps optimize staffing levels.

“The way WorkFlex has transformed the agent experience for self-service scheduling similar to how FedEx has transformed the customer experience for self-service tracking,” said Mitesh Desai, COO WorkFlex Solutions. “Our new WorkFlex mobile apps extend work-life balance empowerment literally into an agents hand.”

Read the full release here.

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