KyleA new start-up accelerator going by the name UpTech is hoping to fuel start-ups in “informatics” in the greater Cincinnati area.
UpTech is looking for up to 50 early stage start-ups in the northern Kentucky and Cincinnati area. They plan on investing up to $100,000 in each company. UpTech plans on having several rounds over the next three to five years and will have 10 winners overall.
UpTech already has investment experts and advisors lined up from CBS, Cisco, Dell and Proctor & Gamble. UpTech companies will also get support and advice from the new $60 million dollar College of Informatics at Northern Kentucky University.
More after the break
“We believe UpTech has the tools to be among the nation’s top-tier of tech-related business accelerators, attracting passionate and creative entrepreneurs whose ideas could spark tomorrow’s most dynamic enterprises,” said Scripps CEO Rich Boehne. “This initiative will take advantage of Greater Cincinnati’s fertile environment for business creation, which has created some of the world’s most entrepreneurial enterprises.”
If you’re involved in an early stage start-up in the Northern Kentucky/Cincinnati area you can apply to be part of UpTech here.
Source: Bizjournal
video: KentuckyPost
