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BioOhio to host three summer socials

It's time again for BioOhio to host a few parties around the state, bringing Ohio's bioscience players together for networking, talking shop, and putting faces to names.

Dates include June 12, 18 and 26.

Register and get more information here.

Queen City Angels hosts two-day entrepreneur boot camp june 3-4

For more information, click here.

Middle-market companies from Ohio choose open innovation to achieve competitive advantage

NineSigma, Inc., of Cleveland, the leading innovation partner to organizations worldwide, today announced several new clients they will work with under the Ohio Third Frontier Open Innovation Incentive (OII) Program. As part of the program, NineSigma received a grant from the State of Ohio to help middle market companies, with revenues between $10 million and $1 billion, leverage Open Innovation strategies.

Read the full story here.


Ohio declares STEM education, entrepreneurship economic cornerstones

Johnathan M. Holifield, NorTech’s Vice President of Inclusive Competitiveness affirmed, “This potential game-changer for Ohio is an economic competitiveness imperative.  Ohio must cultivate a larger, more diverse and inclusive STEM pipeline to produce more job-creating entrepreneurs.  This program will accelerate those efforts.”

Read the full story here.


Cincinnati ranks among '10 most unexpected cities for high tech innovation'

Today's emerging high-tech hubs are not where you think they are, according to techie.com, a destination site for disruptive technology and emerging trends. The online publication today released its "Ten Most Unexpected Cities for High Tech Innovation" list, highlighting ten unexpected locales that are expected to replace Silicon Valley.

"Silicon Valley has rendered itself obsolete," says techie.com editor-in-chief Dan Blacharski. "With the emergence of cheap, reliable, and available cloud-based infrastructure and services, the tech industry is moving towards the industrial Midwest."

Read the full story here.

Ohio ranked second in auto parts jobs

Motor vehicle parts manufacturing is the largest source of manufacturing jobs in the United States, according to a study released Monday by the Motor & Equipment Manufacturers Association.

The industry directly employs more than 734,000 American workers and generates nearly $355 billion toward the gross domestic product, 2.3 percent of total U.S. GDP, the report said. The study was conducted with IHS Inc., a provider of analytics.

In Ohio, 89,423 workers are employed in making auto parts, making the state second to only Michigan, which has 102,624 workers directly employed in the industry, according to the association. Indiana was third with nearly 80,000 workers.

“With a presence in all 50 states, this industry is important to the health and success of American manufacturing and to the future of this country,” Bob McKenna, the association’s president and chief executive, said in a press release on the study.

In the Dayton area, companies like DMAX in Moraine, Tenneco in Kettering, Behr Thermal Products in Dayton, Ahresty in Wilmington and many others work for the auto industry, supplying General Motors nationwide or Honda in Ohio, among other original equipment manufacturers.

Read the story here.

 

Ohio science, tech groups target youth innovation

A new scholarship program is being launched to encourage Ohio students to become high-tech inventors and entrepreneurs.

Believe in Ohio will be a youth commercialization and entrepreneurship program offering incentives for achievements in science, technology, engineering and mathematics (STEM).

Read the full story here.

How SXSW enhanced Lisnr

Read the full story here.

Ernst & Young accepting nominations for 2013 Entrepreneur of the Year awards

The Ernst & Young Entrepreneur Of The Year awards recognize the men and women who put everything on the line in order to translate an idea into a viable, sustainable enterprise. A nominee can be the founder, president or chief executive officer of a private or public company who is primarily responsible for the recent performance of the company and an active member of top management. A nominee can't be a past Winner within the same company but can participate again as the leader of a new company - the recognition goes to the person, not the company. Finally, the nominee's company must be at least three years old.

The deadline for South Central Ohio is March 8th. Click here for more information and to nominate someone.


Number of new businesses filing with state hits record

A record number of companies and organizations filed to do business in the state of Ohio last year, Secretary of State Jon Husted’s office said.

In all, 88,068 new entities filed to do business last year.

Click here to read the full story.

Impulcity nightlife app goes live on iTunes as a Cincinnati startup

We told you about Impulcity lo’ these many months ago, way back in May 2012, under the unapologetically hyperbolic headline, “Impulcity the next Facebook?”

Today, the Louisville-born app went live on the iTunes app store about noon, Louisville time.

Read the full story here.

Batterii closes $2.5m seed round, led by CincyTech

Cincinnati-based enterprise social network startup Batterii, which describes itself as a co-creation software platform, has closed a $2.5 million seed round let by public-private seed stage investor CincyTech – which contributed $500,000 to the round. Other investors include Batterii CEO Kevin C. Cummins, Los Angeles-based investor Ken Salkin, and undisclosed individuals.

As well as offering enterprise collaboration tools such as real-time chat, activity tracking, tagging search and so on — it describes one of its software tools as “like Pinterest with a purpose”  – Batterii also offers in-person brainstorming sessions as a service to clients.

Read the full story here.


Cities' hearts beating strong in Ohio's 3 C's

Euclid Avenue was the spark in Cleveland, as a bus rapid-transit system ignited development along the important Downtown artery once lined with so many mansions it was known as Millionaires’ Row.

The rebirth of downtown Cincinnati started with Fountain Square and in Over-the-Rhine, a historic neighborhood filled with stately but crumbling homes.

In Columbus, the Arena District rose on the blighted site of a long-closed prison. This started a wave of development that has spread south, to the river and the land formerly occupied by the failed City Center mall.

Now, after many years and a combined investment of about $10 billion, Ohio’s three largest cities are enjoying downtown booms that have added residents, jobs, economic impact and vibrancy.

Read the full story here.

The crowdfunding crowd is anxious

To its advocates, crowdfunding is a way for capital-starved entrepreneurs to receive financing that neither big investors nor lenders are willing or able to provide. To others, it represents a potential minefield that could help bad businesses get off the ground before they eventually fail, and in some cases could even ensnare unsophisticated investors in outright fraud.

Those fears are partly why the Securities and Exchange Commission has delayed rules allowing crowdfunding that were supposed to take effect this month as part of the JOBS Act (Jump-Start Our Business Start-Ups), signed by President Obama last April. The S.E.C. is wary of loosening investor protections that have been in place since the 1930s.

Read the full story here.


Ohio advances on Forbes list of 'Best States for Business'

Ohio rose to 33rd from 38th and Michigan remained at No. 47 in Forbes’ new list of “Best States for Business.” The rankings, at forbes.com/best-states-for-business, compare the states in six categories.

Read the full story here.
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