University Hospitals using $2 million gift from Feuer family to set up fund to fast-track innovative ideas
Michael Feuer learned the value of investing in good ideas during his 16 years as CEO of OfficeMax. That’s why he and his wife are giving $2 million to University Hospitals to spur similar innovations in health care. UH announced Wednesday that the donation from Michael and Ellen Feuer is being used to establish the […]
New Accelerator grants boost Ohio State research and innovation
A new effort by The Ohio State University to support team-driven research has awarded funding to 19 proposals to investigate topics ranging from brain and bone health to drug manufacturing, new devices and deep learning. The Accelerator grants were awarded through the President’s Research Excellence (PRE) program, an initiative launched this year to provide seed support for cross- and interdisciplinary […]
University Hospitals Ventures Receives Plug and Play Health’s Corporate Innovation Award
University Hospitals Ventures – the innovation and commercialization arm of University Hospitals Health System — was recognized June 15th with the Health Corporate Innovation Award from Plug and Play at its Summer Summit 2021. Plug and Play makes this distinct recognition to corporations that have demonstrated a commitment to expanding their innovation culture by developing […]
CincyTech wraps up raising $20 million seed capital fund
Cincinnati startup capital company CincyTech has finished raising its fifth fund, giving it nearly $20 million in new money to invest. Avondale-based CincyTech, based in the University of Cincinnati’s 1819 Innovation Hub in Avondale, raised $19.7 million for its fifth investment fund. It wrapped up fundraising at the end of April. CincyTech will use the […]
Alums gives thousands to local Miami U accelerator
A pair of Miami University alums are giving a financial boost to the school’s in-house accelerator program. Jeffrey and Sarah Kadlic have committed $50,000 to start the Sarah and Jeffrey Kadlic Entrepreneurial Growth Fund to benefit the RedHawk Launch Accelerator, the Oxford university announced Monday. The program, based in Over-the-Rhine’s Union Hall, is a seed stage startup accelerator for […]
Ohio Third Frontier Commission growing technology startups, talent
This month, the Ohio Third Frontier Commission approved $72.7 million in funding that will provide capital to innovative startup companies, advance medical technology and foster young talent through a new High School Tech Internship Pilot Program. “We are investing in technology that will attract private capital from across the state and beyond,” said Lydia Mihalik, […]
Rev1 Ventures Launches $10MM Pre-Seed Fund with The Ohio State University & Ohio Third Frontier
COLUMBUS, Ohio, March 10, 2021 /PRNewswire-PRWeb/ — Today, Rev1 Ventures, the startup studio that combines capital and strategic services to help startups scale and corporates innovate, is launching Future Value Fund I (FVF), a new $10MM for-profit investment fund focused on building the Central Ohio startup ecosystem. The Fund is the company’s most significant pre-seed fund to date and the largest […]
Here’s how Ohio State plans to support more startups
Ohio State University’s new research and innovation chief is bullish on increasing the number of startups supported by the university and formed under its wing. Grace Jinliu Wang joined the university Dec. 1 in the newly created role of senior vice president for research, innovation and knowledge enterprise, a position in which she’ll oversee a newly […]
Ohio State startup helps focus attention on government-sponsored research
A startup spun out of technology from The Ohio State University will be recognized next month in an event highlighting the role of federally funded research. IR Medtek is one of 22 university-affiliated startup companies from across the nation to participate in the University Innovation and Entrepreneurship Showcase sponsored by the Association of Public and […]
Ohio Third Frontier looking to award $60M in seed funding for tech companies
CLEVELAND, Ohio — The Ohio Third Frontier program is looking to award up to $60 million to organizations that will invest that money in Ohio technology companies in the early stages of commercializing their products or services. Cleveland entrepreneurial growth organization JumpStart Inc. is having conversations “with a handful of institutions, University Hospitals and others” […]