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CincyTech helps grow startup businesses and well-paying jobs in high-tech industries in Southwest Ohio.

With substantial support from Ohio Third Frontier and corporations, foundations, civic organizations and individuals in the region, it is stimulating the growth of venture-worthy companies in information technology, bioscience and advanced manufacturing.

Between May 2007 and September 2011, CincyTech has:

• Invested $10 million in 28 companies that have created 207 jobs at an average salary of $63,000.
• Helped draw $100 million in additional co-investment, a 10:1 ratio of CincyTech funds to private funds.
• Created $200 million in direct economic impact from those companies through investment capital, revenue, foundation and government grants and loans and corporate partnerships.
• Drew a total of $17 million invested in its companies from 35 individual investors.
• Exited its first company, Blue Ash Therapeutics, at 10x ROI.
• Participated in an $11 million Series B round with AssureRx Health in Mason led by major Silicon Valley venture capital firms Claremont Creek and Sequoia.
• Led a $2 million round for NanoDetection Technology, a transplant from Tennessee in 2010, which oversubscribed by $300,000.