Cintrifuse is a huge regional initiative in Cincinnati, Ohio, designed to support high potential startups in the region. It’s backed by the Cincinnati Business Committee, with it’s initial venture capital investors including Proctor & Gamble, Cincinnati’s Children’s Hospital Medical Center, Duke Energy, University of Cincinnati, and Western Southern Financial Group.
In addition to a venture capital fund, Cintrifuse links entrepreneurs and startups with business partners, research institutions, mentors, and investors. They have partnerships with every startup-facing organization in Cincinnati including CincyTech and The Brandery, organizations we’ve written about here quite a bit.
On Friday the Cintrifuse and professional services giant Ernst & Young announced a partnership that will include capital, professional services, and annual operating support. The Cincinnati Business Courier reports that the parthership is slated to run for five years.
“Cintrifuse is just kind of a startup itself – it’s really just been starting its activities this last year,” Julia Poston, Managing Partner for Ernst & Young in Cincinnati told the Business Courier. “Tax considerations, organizational considerations, human capital, that’s what we are offering as part of our contribution to Cintrifuse.”
Ernst & Young’s Erica Patterson is on loan to Cintrifuse. She previously worked in Ernst & Young’s growth market in Chicago.
Find out more about Cintrifuse here.