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Cincinnati is in the unique position of being able ==Session Details==---------------Request Hits Request Description 0 - DATABASE: Portfolio Companies (VIPC) 1 95893 Venture Related Deals: Select All Venture Related Deals 2 45423 Company Nation : US 3 189 Company MSA : 1640 4 133 Round Date: 1/1/2000 to determine the narrative that will shape its entrepreneurial ecosystem1/1/2017 (Custom) (Calendar) 5 Custom Report: CincinnatiRound (Columnar) - Save As: E:\McNair\Projects\Ecosystem\CincinnatiRound. The ten Fortune 500 companies that call Cincinnati home have the potential to ignite the tech startup ecosystem should they choosetxt� Billing Ref # : 2038623 Capture File : riceuniv.2038623 Session Name : CincinnatiRound. ssh

==List of Variables== Variables:{| class="wikitable sortable" style="border: 1px solid darkgray; bgcolor: #f9f9f9"| '''Variable''' || '''Table''' Company Name Company City Company Street AddressLine 1 Company State Company Founding Date Date Company Received Last Investment Total Known as one of the top branding, marketing and design hubs Amt Invested in Company 000 Date Company Received First Investment Round Dates Company Stage Level 3 at each Round Date Round AmtDisclosed 000 Round AmtEstimated 000 Round Numbers Number of the United States Investors eaRound

Startups The ten Fortune 500 companies that call Cincinnati provide a unique advantage for the emerging ecosystem. They have the potential to ignite the ecosystem, providing a unique narrative to a city known not for high tech development, but for branding, marketing and design. In 2015 Cincinnati jumped from 35th place to 16th out of 40 metropolitan areas for biggest positive shifts in rank across entrepreneurship in Silicon Valley or New York don’t receive the same support from large firms city, state, and national levels. Several areas of the ecosystem are on a good trajectory, but many lack sufficient capabilities and resources that early-stage companies in Cincinnati do are likely inhibiting Cincinnati’s ecosystem development.

Seed Stage Investors—CincyTechThe local and state governments have been the ignitors for the Cincinnati ecosystem. Grant programs have historically provided the Cincinnati Children’s Hospital Medical Center, University of Cincinnati, and the Cincinnati Regional Chamber with funding for high tech projects. Companies such as Kroger, Connetic Ventures (KY) P&G and Queen City Angels Macy’s have long called Cincinnati home but have been largely nonexistent in the ecosystem.

IVThe past few years have seen a remarkable increase in resources available for Cincinnati. Accelerators now span the tristate of Ohio, Kentucky, and Indiana. The Brandery, located in Cincinnati and founded in 2010, was inspired by the success of accelerators such as Capital Factory and TechStars. The Brandery offers a three-month program for seed stage companies that utilizes the already existing strengths of Cincinnati; branding, marketing, and design. Companies receive $50,000 in seed funding in return for 6% equity stake in the startup, office space, branding identity, legal support and more. The Brandery has been ranked a top ten accelerator in the nation. Centrifuse

Pairs startUpTech is a Greater-ups with potential customers Cincinnati tech accelerator program for data-driven startups created in 2012. Startups go through a six-month accelerator program and corporations receive up to start$50,000 during the program. The third and newest accelerator in Cincinnati is Ocean, a three-year-old accelerator with a five-upsmonth program that provides mentorship, monetary support in the form of a $50,000 note, branding, and legal advice.

Manages 
Seed stage investors such as CincyTech and Queen City Angels provide the ecosystem with capital. CincyTech’s mission is to strengthen the regional economy through the creation and expansion of technology companies in Southwest Ohio. CincyTech is investing out of its fourth and largest fund, a $55 30.75 million VC seed stage fund of bigger than its first three funds combined. Queen City Angels is the region’s longest running angel group and built a 38,000 square foot campus and co-working space in Cincinnati where The Brandery is located currently investing out of its largest fund of $10 million.

Invests CincyTech garnered considerable national attention after providing Lisnr, a company that has invented an ultrasonic technology for transmitting data through sound, with Stage A capital. Lisnr came to fruition aboard the 2012 StartupBus, a competition where participants launch a company in 72 hours on a bus headed to Austin, Texas for the South by Southwest Festival. Since Lisnr came to fruition, they have since received $10 million in Series B funding from Intel Capital and garnered accolades from CNBC’s Disruptor 50 list, Cannes Lions International Festival for Creativity, and Fast Company’s Innovation by Design Awards.

Not to be overlooked, Queen City Angels provided the initial stage funding for Assurex Health. Now ten years old, Assurex grew out of research at Cincinnati Children’s Hospital Medical Center and the Mayo Clinic. Its singular product is the GeneSight Test, which analyzes twelve genes that influence mental health and psychoactive drugs that treat a spectrum of mental-health disorders. Myriad Genetics purchased Assurex Health in Allos VenturesApril for $225 million with another $185 million to come when performance-met stipulations are met. 

StartupCincy, Sigma Prime Venturea public-private partnership that provides seed stage funding for Cincinnati startups, Upfront Venturesmaintains an exhaustive list of upcoming network, Mercury Fund education, accelerator and moredeveloper event in the city. It’s beloved by Cincinnati accelerators, seed stage investors, and entrepreneurs in the city. 


One of Cincinnati’s most unique elements of its ecosystem is Cintrifuse. Established in 2012 with a goal to create a sustainable technology driven economy for the Cincinnati metropolitan area, Centrifuse manages a fund of funds. This fund of funds gives corporate investors access to over four-hundred startups and creates a network of venture capital funds that invest in Cincinnati startups. Centrifuse pairs start-ups with potential customers and corporations to start-ups. Big companies invest in Centrifuse—Duke Energy, American Financial Group, W&S Financial Group Distributors, like Kroger, CastelliniUSBank, the Greater Cincinnati Foundationand Duke Energy invest in Centrifuse because they depend on Cintrifuse’s help to source innovation for their businesses and grow the region’s startup ecosystem. In turn, Cintrifuse invests in VC firms such as Allos Ventures, Mercury Fund, and Sigma Prime Ventures. Cintrifuse also provides co-working space and entrepreneur education. 
Over-the-Rhine, a neighborhood of Cincinnati Children’sis now home to Centrifuse, CincyTech, and the Brandery. Coordination of the ecosystem creates cohesiveness. The companies going through the Brandery are only feet away from CincyTech’s capital, which provides unique collaboration opportunities.

Goal No data—most recent VC data is to create from 2014 and has a sustainable techthree-based economy for year rolling average of $55 million. Falls far behind Austin, who is the Greater leader with a three-year rolling average of $1.33 billion. 

Untapped PotentialCompared to Austin’s average number of 29.3 patents per 10,000 employees, Cincinnati Region   Vhas an average of 5.8. Venture Capital Total US VC availability decreased by 9% However, Cincinnati only sits behind Austin, Raleigh, Minneapolis and Detroit in 2015average number of patents. According to _____, The University of Cincinnati has more invention disclosures per research dollar than MIT, but fewer patents due to the lack of resources According to ____, the University of Cincinnati has more invention disclosures per research dollar than MIT, but VC availability in Ohio increased 22% fewer patents due to lack of resources. 

It’s generally held that a stable ecosystem closes around thirty to $296 million  SDC VC data under Projectsthirty-->Ecosystem-->CincinnatiData1  VIfive deals a year. Cincinnati falls far below this. Barriers Ecosystem orchestration      {{BlogPost|Title=For an ecosystem that really only started in 2010 with the establishment of the Brandery, Cincinnati Ecosystem|Author=Eliza Martin|Series=Emerging Ecosystems|Content status=Draft}}is beginning to establish some of the resources it will need in order to emerge as an entrepreneurial ecosystem.