According to the 2017 BioEnterprise mid-year report, Cincinnati has had 90 percent growth in biotech startup investment since 2012. This includes more than $54 million in the first half of 2017 — more than any other city in the Midwest
There are other cities that are leading in biotech startups, including Silicon Valley, Boston and North Carolina's Research Triangle. But there are several things working to Cincinnati's advantage:
- It broke into the top 20 metro markets for overall startup activity in 2017
- Was named a leading startup market in the state of Ohio
- Established institutions that use medial science (think P&G, Johnson & Johnson, Cincinnati Children's)
- A strong startup pipeline in the form of CincyTech, startup accelerators and incubators
to read more about Cincinnati's growing biotech scene.