Finding the next billion-dollar business

ENQUIRER EXCLUSIVE: Area's big companies hope to spark high-tech growth here

 

DOWNTOWN — Efforts of the region’s top business leaders have led to $384 million in new residences and historic restorations, restaurants and retail, offices and parks to revitalize Cincinnati’s urban core.

 

Now, the CEOs are putting tens of millions of dollars, hours of manpower and top Procter & Gamble leadership into a major initiative to help the region compete internationally for new high-tech jobs and business.

 

It’s called Cintrifuse, envisioned as the most ambitious corporate effort yet to reignite the local economy around innovation. Succeed and the region could see its next set of billion-dollar businesses with high-paying jobs. Fail and the Next Big Thing surely will sprout up elsewhere.

 

http://news.cincinnati.com/article/20120630/BIZ/306300058/Finding-next-billion-dollar-business

University of Cincinnati commits millions to Cintrifuse accelerator

Business Courier by Dan Monk, Senior Staff Reporter

Date: Friday, October 19, 2012, 9:03am EDT - Last Modified: Friday, October 19, 2012, 9:08am EDT

 

The University of Cincinnati will commit $5 million initially and up to $5 million more in the future to Cintrifuse, a corporate-backed startup accelerator that is raising up to $100 million to bolster the city’s venture capital offerings.

 

The investment will give UC an advisory-committee seat on a new fund of funds, which will invest in local startups and venture capital funds in other cities. The goal is to increase access to growth capital for Tri-State startups.

 

http://www.bizjournals.com/cincinnati/news/2012/10/19/university-of-cincinnati-commits-10m.html

Talk about Cintrifuse and Cincinnati's startups on national tv.

 

http://video.cnbc.com/gallery/?video=3000183924