Young professionals are full of ideas, but turning ideas into fruitful startups takes funding, which is not always easy to come by—especially for recent college graduates.
“We have a lot of talent in Cincinnati, and we don’t want that talent to leave this city," says Tangela Edwards, communications chair for
FUEL Cincinnati. "We want to keep it here."
FUEL Cincinnati, which is a division of
Give Back Cincinnati, is a local micro-grant funder that provides philanthropic entrepreneurs with the ways and means to kick-start an idea that will impact the city for the better.
The nonprofit funds projects year-round, but its second annual fundraising event,
Fuel the Fire, takes place tonight, June 27. That event enables five projects to not only have the opportunity to receive funding, but also to gain recognition and exposure so that other interested individuals become aware of their concepts.
“Major donors might not want to give initially—they want to see how well you do,” Edwards says. “And sometimes that takes a small amount of money to help a startup get off the ground. Our main focus is to give awareness to five groups—they’ll be able to fundraise outside of this—but this is one thing we’re able to do for them.” At the event, participants will present their ideas, and the public will vote on its favorite project.
This year’s entries span a wide range of concepts, and cover everything from indoor composting, bike sharing, leadership and training for adolescent males, edible landscaping, and even a series of pop-up biergartens in the intersections of five alleyways in Walnut Hills.
“Community building, education, environment, diversity—the idea is that if they can fit into any of those categories, we want to hear from them,” Edwards says. “If someone has a great idea that they feel will impact Cincinnati in a positive way but they don’t have the funding or need additional ideas and support, then that’s what we’re here for.”
Interested part.
Purchase a ticket for tonight's event
here.
By Brittany York