| Follow Us: Facebook Twitter Pinterest RSS Feed

Entrepreneurship : Cincinnati In The News

256 Entrepreneurship Articles | Page: | Show All

Lisnr developed a data-over-audio tech that has widespread applications


Founded in 2012, local startup Lisnr developed a data-over-audio technology in 2014 that could replace Bluetooth, NCR and QR code scanning.

Smart Tone doesn't need an internet connection to work, but the speakers that are "talking" to each other have to be in close proximity to one another. Lisnr's co-founder and CEO Rodney Williams says that his program has a lot of practical implications — Smart Tone was beta tested by ticketing companies, airlines, transportation companies, theaters, retailers, banks, mobile wallet providers, real estate companies and security firms.

Jaguar/Land Rover is now using it to personalize car settings by "talking" to the driver's smartphone. Lisnr also just landed the world's largest ticketing company as a customer, and Smart Tone has gone live in several locations around the globe. 

Lisnr isn't a one-trick pony: Locally, it has teamed up with the Contemporary Arts Center for an interactive museum experience that runs through June 18.

To read more about Smart Tone and Lisnr, click here.

Cincinnati ranks in the top 150 best large cities to start a business


Cincinnati is known for its startup scene and constant flow of new, small business openings. But how does it rank when stacked up against other large U.S. cities?

WalletHub recently conducted a study that looked at 18 key metrics, ranging from five-year business survival rates to office-space affordability in 150 of the country's largest cities.

Cincinnati came in at no. 105 overall, and no. 126 in Business Environment, no. 56 in Access to Resources and no. 53 in Business Cost.

And when comparing Best Cities vs. Worst Cities in the category Lowest Availability of Human Capital, Cincinnati came in at no. 148.

To read more about how WalletHub determined its findings, click here.

Cintrifuse serves as model to spur Pittsburgh business collaboration


Pittsburgh-based business professional Kit Needham relied on advice from Cintrifuse's Eric Weismann in creating an awards ceremony to encourage interaction between corporations and startups.

The ceremony took place last week and honored Giant Eagle grocers for its utilization of human resource and management apps created by Pittsburgh startups.

“Even though we may not want to admit it during football season, we’re fighting the same fight,” Weissman says of the burgeoning Cincinnati-Pittsburgh entrepreneurial connection.

Needham took a cue from a Cintrifuse model that has influenced at least $97.6 million in investment, all through the creation of a syndicate “fund of funds” containing approximately $57 million. This syndicate fund invests in other pools around the U.S., which then invest in Cincinnati startups. 

Click here to read the full Pittsburgh Gazette story.

Cincinnati is one of the world's most competitive cities


Cincinnati is growing at a rapid rate, and not just in the number of breweries that call the city home. Site Selection Magazine released its report on the World's Most Competitive Cities, and the Queen City finished in the top five of all North American cities in seven of the nine categories. 

Cincinnati ranked no. 3 in electronics and food and beverage; no. 4 in both automotive and chemicals and plastics; and no. 5 in aerospace, business and financial services, and machinery, equipment and construction.

These rankings mean that the Greater Cincinnati market is highly competitive when it comes to bringing new businesses and companies to town. 

To see where other world cities finished, click here.

 

Queen City is the third best city for young professionals


According to technology company Move Buddha, Cincinnati is the third best city for young professionals.

Move Buddha looked at several factors when evaluating cities, including the average cost of rent for a one-bedroom apartment, the number of bars per square mile, the percentage of the population between the ages of 20-30, the average age of residents and the unemployment rate.

Here are the statistics for Cincinnati:
  • Average rent: $630 (one-bedroom)
  • Bars per square mile: 12
  • Percent of population ages 20-30: 19%
  • Average age: 32.7
  • Unemployment rate: 4.1%
Are you a YP looking for a new city? Check out the full list here.

How can smart cities make money for the community?


Jon Salisbury, co-founder of Nexigen and creator of the smartLINK network, is one of the driving forces behind making Greater Cincinnati the first "smart" region in the country.

In this video from TechRepublic, Salisbury talks about how smart cities can create revenue and become self-sustaining based on looking for projects that add value, cut costs or create profit.

Salisbury gives examples like linkNYC, another kiosk company, that was able to sustain itself because of money being dumped into it but that he says is an ultimate failure because the city couldn't support it. However, linkNYC has been a learning experience for all involved.

On the other hand, Copenhagen has a smart city data exchange that works like the stock market, where data is put out there and customers can purchase that data. The companies selling the data receives a cut, and the city of Copenhagen gets a portion of that as well and has become self-sustaining.

 

Cladwell helps consumers buy less and work with what they already own

Cladwell, a locally designed clothing app, aims to help its users create a capsule wardrobe out of timeless pieces, rather than investing in fast-fashion. The app doesn't encourage users to go out and buy something new, but to make new outfits of pieces they already own.

To read more about other startups that are helping consumers buy less and utilize their closets in new ways, click here.

 

Eater teamed up with Polly Campbell to find the city's best new restaurants


Eater recently hooked up with Cincinnati Enquirer food writer Polly Campbell to get a snapshot of the hottest new restaurants and bars in town.

Her picks are: This is the first time Eater has explored Cincinnati's food and dining scene. 

To read more about Polly's Eater picks, click here.

 

Eleven Cincy bars named among the best in Ohio


Eleven Greater Cincinnati breweries, bars and family-friendly hotspots made Cleveland.com's list of the best bars in the state.

Cleveland.com staff looked at the best Yelp reviews to come up with its list of the 50 best watering holes in Ohio. Here are the Cincinnati places that made the list: To see the full list, click here.
 

Cincinnati among top cities of the future in the U.S.


fDi Intelligence recently released its list of cities of the future, and Cincinnati made it, mostly in part to the flurry of tech and startup activity here.

New York came out on top of the national list, followed by San Francisco, Houston, Toronto, Montreal, Vancouver, Boston, Atlanta, Sao Paulo and Sunnyvale, Cali.

Along with the national list, fDi also looks at subcategories, which is where Cincinnati was recognized multiple times. The Queen City placed:
  • Sixth overall in Large Cities of American Cities of the Future
  • Ninth in Large Cities for Economic Potential
  • Eighth in Large Cities for Business Friendliness
  • Fourth in Large Cities for FDI Strategy

Foreign direct investment, or FDI, is a strategy that the City of Cincinnati's Department of Community and Economic Development is focused on to generate innovative financing, helping to close the financial gap and bring catalytic developments to the area.

A strong FDI plan enables the City of Cincinnati to create jobs, fill real estate and infrastructure gaps and open trade opportunities.

The rankings further reinforce Cincinnati’s visibility as a city well-positioned for global connectivity. On March 31, the Department of Community and Economic Development partnered with REDI Cincinnati to host an FDI symposium featuring key local, regional, national and international executives who came together to discuss the many facets and implications of foreign capital flows into the region.

A regional resource manual based on best practices and insights from the event will be compiled and shared based on ideas shared at the symposium.

Check out the full list of Cities of the Future here.
 


Foodies agree: Taste of Cincinnati is a must-see this spring


Taste of Cincinnati joins the ranks of state food festivals as one of the top 10 best food festivals to visit this spring, as voted by Jetsetter.

In its 40th year, Taste is held Memorial Day weekend, and is completely free to attend. Unless you're eating or drinking, and you will definitely want to eat your way through over 100 dishes from local food trucks and restaurants. Local restaurant talent is showcased at a number of events throughout the weekend, and 60 bands will be playing on Taste's five stages around downtown.

Planning a trip soon and love food? Check out the other nine festivals that made the list.

Braxton dubbed best brewery in Kentucky by Foursquare users


Kentucky is home to the Kentucky Derby, the Louisville Slugger Museum and the Kentucky Bourbon Trail. But did you know its best brewery is in Covington?

Braxton Brewing, which recently celebrated its second anniversary and announced a second location, was named as the best brewery in the state of Kentucky. The voting was based on Foursquare check-ins and reviews, and published by Delish.

Use this guide to help plan your summer brewery road trip.

Beer, spirits and entrepreneurship breathing life back into OTR


Over-the-Rhine was founded over 150 years ago by German immigrants who loved their beer. Today, beer, spirits and an entrepreneurial spirit are redeveloping the neighborhood, one building at a time.

People like Molly Wellmann and Julia Petiprin, Stuart King and Ryan Rizzo are bringing their own flare to Japp's and Sundry and Vice, respectively. They're taking Cincinnati back to its pre-Prohibition roots and re-introducing residents to what built the city: beer and booze.

Along the way, these entrepreneurs are taking dilapidated buildings and renovating them into bars, breweries, restaurants and eclectic shops that are scattered throughout OTR.

There's a lot to still be done in the neighborhood, but check out how far it's come.

Butler County SBDC receives national award, celebrated on #SBDCDay


The Butler County Small Business Development Center recently received the 2017 National Small Business Development Center of the Year award. It celebrated its accomplishments on March 22, or #SBDCDay.

Over the past three years, the Butler County SBDC has generated over $20 million in loan funding to local small businesses. The Hamilton Mill-based organization helps build small businesses through a number of programs and activities — combined with strategic partnerships with other business-oriented groups — to provide a strong entrepreneurial assistance environment in Butler County.

The SBDC network was signed into law in 1980, and since then, the network has grown to over 1,000 centers. America’s SBDC network leverages a partnership that includes U.S. Congress, SBA, the private sector, and the colleges, universities and state governments that manage SBDCs across the nation. Each year, SBDCs provide management and technical assistance to about one million small business owners and aspiring entrepreneurs.

Read more about #SBDCDay here.

Miami Ohio business students advanced to finals round of VCIC competition and took home second


A group of business students from Miami University scored big in the first round and took home $1,000 at the regional Venture Capital Investment Competition, held in Chicago. Miami was the only school in Ohio and one of only seven schools in the Midwest to get an invite.


The VCIC is an invitation-only international competition that's carried out over two rounds: a preliminary round held in five different regions with 6-8 schools and a finals round with winners from each region competing for the international title. Student teams act as institutional investors representing a venture capital firm.

Teams are given business plans from three real-world startups, as well as information about the venture capital firm they're representing and a profile of the venture fund from which they're going to make their investments. Teams then have 36 hours to conduct research, analyze the market and prepare questions for a Q&A with the founders. On the final day of the competition, teams listen to and evaluate each startup’s pitch presentation and conduct a one-on-one interview with the founder of each company.

With the regional victory, the team competed in the finals round of the competition this past weekend in Chapel Hill. At the international competition, the Miami team took home second place. 

Read more about the competition here.

 

 


 
256 Entrepreneurship Articles | Page: | Show All
Signup for Email Alerts