Technology News

CincyTech Awarded $3.8 Million In Matching Funds

Monday, April 02, 2007 8:30:00 AM PDT | VentureDeal Staff

CINCINNATI, OH -- CincyTechUSA announced the receipt of a $3.8 million grant from the state of Ohio, in addition to a matching grant of $7.5 million from local companies and organizations.

CincyTechUSA is a partnership between the University of Cincinnati, the Cincinnati Children's Hospital Medical Center and the Cincinnati USA Regional Chamber.  It's purpose is to help early stage technology firms incubate and accelerate their businesses.

The organization is also a beneficiary of funds from  the state of Ohio's Third Frontier technology acceleration initiative.

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