Future Bright Or Bleak For Cincinnati's Startup Market?
It was a good year in 2017 for startups in Ohio. According to VentureOhio, more than $470 million in venture capital was invested statewide. So how is the Cincinnati startup market looking in 2018? We've seen strong growth in recent years with an explosion of craft breweries, tech startups, and a dozen business accelerators to help incubate and launch new ventures. But has the market slowed?
Some promising startups have folded. Eyeglass maker Frameri gained notoriety on ABC's "SharkTank" before shutting its doors in Over-the-Rhine. Other successful startups have sold off, including biotech company Assurex Health. And celebrated online auction startup Everything But The House recently announced it is downsizing in a deliberate strategy to focus on the customer experience.
Joining "Cincinnati Edition" to discuss Cincinnati's startup scene are Everything But The House CEO Scott Griffith; The Brandery General Manager Tony Alexander; and WCPO.com Business Reporter Dan Monk (@DanMonk9).
Everything But The House partners with Cincinnati Public Radio on fundraising efforts for our stations.
Tune into "Cincinnati Edition" May 15 at 1 p.m. to hear this segment.