The University of Cincinnati’s Technology Commercialization Accelerator
recently opened at its temporary space on Short Vine. The accelerator’s permanent home at 2630 Vine Street is undergoing renovations, and is expected to be ready next year.
The move is due to a partnership between the accelerator and SV ARX, LLC, a Short Vine development group. The collaboration began with the signing of a memorandum of understanding in early 2012 when the accelerator was launched.
The accelerator, which was founded to bridge the gap between early-stage technology and investment dollars, focuses on identifying promising, early-stage technologies; assessing technologies to determine viable startup company opportunities; developing commercialization strategies; and facilitating the work necessary to move technology toward commercialization. It offers a number of services, including a number of highly experienced entrepreneurs-in-residence, early-stage grant funding for commercialization, and now, a workshop for teams to meet and further develop concepts.
The accelerator has committed $160,000 in awards to four promising projects led by UC investigators. Funding for the accelerator comes from Ohio’s Third Frontier Entrepreneurial Signature Program
, UC’s partnership with CincyTech
, UC’s 2019 Entrepreneur Grant funds and other outside sources.
By Caitlin Koenig
Follow Caitlin on Twitter