" />
Business

Ohio is Pumping Out Startups as if They Were Growing on Buckeyes

Ohio is Pumping Out Startups as if They Were Growing on Buckeyes

Ohio is a state bursting with startups, so much so that it seems a new accelerator is popping up almost monthly in the Buckeye State.

Google “Ohio accelerator” now and you’ll find at least two new accelerators to come out of Ohio in the past two months alone. That’s not even counting some of the more-legacy organizations that have already been firmly established in the startup ecosystem.

Last month, Columbus-based Fintech71 launched its 10-week program, and the Cincinnati-based Hillman Accelerator launched its Tech Accelerator Focused on Women and Ethnic Minorities in April.

Helping to fuel Ohio’s startup scene in the Cincinnati area, StartupCincy is a community-driven support system that provides “perspective over the region’s innovation landscape, uncovers professionals that can design a strategy for your company, and helps you connect with like-minded entrepreneurs.”

The StartupCincy website is a treasure-trove of resources for any aspiring entrepreneur with access to accelerators, incubators, co-working spaces, and more.

Community-based support in Ohio is not just limited to Cincinnati, although Cincinnati also enjoyed exceptional growth between 2015 and 2016, jumping from 35th place to 16th out of 40 metro areas in the Kauffman Index of Entrepreneurship.

In addition to Cincinnati; Akron, Dayton, Cleveland, and Columbus have all transformed themselves in “The Great Midwestern Tech Startup Surge.”

Ohio’s major cities have left behind their post-industrial Rust Belt days to re-emerge as national leaders on the startup scene, which led Forbes to consider Ohio “the best state in America to launch a startup.”

According to Falon Donohue of VentureOhio as reported by Forbes, “What makes Ohio a great incubator for early-state startups is its unmatched access to customers and talent.”

“Ohio is home to 59 Fortune 1000 companies who are beginning to build out their innovation strategies and lean in to support local startup communities. Ohio is also home to over 200 higher education institutions graduating talented engineers, finance professionals and entrepreneurs into the community each year,” added Donohue.

Ohio’s startup-friendly cities can boast a lower cost of living than those in California or New York, are home to seven major league sports teams, and carry an entrepreneurial spirit combined with great food and fashion.

It is with all these incentives and more that accelerators like Columbus’s 10X has been around since 2011 and has churned out successful startups like LEAPIN Digital Keys for security in the hospitality industry; Imagry, which uses image recognition to visually search online indexed images for similar items; and MoveEasy that is disrupting the moving industry and powering moving companies to increase their sales output.

ohio startups

Venkatesh Ganapathy, Founder & CEO at MoveEasy

 

MoveEasy CEO and Founder Venkatesh Ganapathy praised Ohio for its dedication to the startup ecosystem saying, “We love being part of the burgeoning Ohioan startup scene, which is now taking off in previously unseen ways.”

“We are excited to help lead the way for other would-be startup founders in this great state. Sure, it might not be as well known as Silicon Valley, or Austin, but the potential and talent is here, particularly in cities like Columbus, Cincinnati, and Cleveland. Ohio is a great state for entrepreneurism and it’s great to see that finally being recognized.”

Not to leave out another major contributor to Ohio’s startup success — Cleveland is also enjoying economic resurgences due to growth in its startup sector. Cleveland’s industrial past has paved the way for a comeback in tech, with accelerators like JumpStart taking startups and scale-ups to the next level, and plenty of other organizations in co-working spaces, incubators, and Venture Capital within the city.

I haven’t even touched upon some of the other successful accelerators doing great work in Ohio, such as The Brandery,  the Akron Global Business Accelerator, and Flashstarts — all of which have been long-established in their respective communities.

Ohio is pumping out startups like they were growing on Buckeye trees. This is due to all of the incentives that make Ohio a great place to not just to grow a company, but to live a comfortable yet fulfilling life where the entrepreneurial spirit has fully washed away its former Rust Belt status with a heavy dose of WD-40.

View Comments (13)

13 Comments

  1. Staci Lambright

    June 27, 2017 at 12:56 PM

    The Akron, Ohio community is supporting more and more startup businesses as well, and locations like Akron Office Space, LLC are providing flexible office space needs without a long-term commitment to assist with the success of these businesses. Check out our website or give us a call to see if we meet your needs at 330-958-7784.

  2. happy wheels

    June 29, 2017 at 3:41 AM

    The game is best known for its dark sense of humor and its graphic violence. Expect to see a lot of blood and guts. Your goal is to go far across each level without letting your character get hurt. The game is over even the smallest body part injuries. It takes much patience to finish the goal. Is this much challenging? Make your best efforts to survive in this glory and funny game. We can find a way to break through Even if we can’t find heaven, I’ll walk through hell with you.

  3. geometry dash

    June 29, 2017 at 3:47 AM

    A player can easily look at adding a 200 X return on the game. While it may not offer the class leading graphics, its gameplay can be quite addictive

  4. Pingback: StartupCincy Rundown – June 22-30 - Cintrifuse

  5. Pingback: Publicize PR Acquires Techli, Aims to Further Legacy as Top Publication on Midwest Innovation - The Sociable

  6. Pingback: Tech Isn’t Just Moving Out of Silicon Valley, It’s Moving Out of the US - The Sociable

  7. Pingback: Monthly Fintech News Roundup | July 2017 - Fintech71

  8. LG G7 Price

    September 2, 2017 at 5:58 AM

    I think this is what you’ve been waiting for Samsung Galaxy S9 release Check out the Price.

  9. Pingback: Microsoft Technical Communications Director Joins The Sociable Advisory Board - The Sociable

  10. Pingback: El Director de Comunicaciones Técnicas de Microsoft se une al Consejo Asesor de 'The Sociable'

  11. Pingback: The Sociable suma a su Consejo Asesor al Director de Comunicaciones Técnicas de Microsoft

  12. Pingback: Dan Behrendt de Microsoft se unirá al Consejo Asesor del medio ‘The Sociable’ – Microsoft Insider

  13. Pingback: Entrepreneurs are flocking to the Midwest where startups are flourishing – Techli

Leave a Reply

Your email address will not be published. Required fields are marked *

Business
@TimHinchliffe

Tim Hinchliffe is a veteran journalist whose passions include writing about how technology impacts society and Artificial Intelligence. He prefers writing in-depth, interesting features that people actually want to read. Previously, he worked as a reporter for the Ghanaian Chronicle in West Africa, and Colombia Reports in South America. tim@sociable.co

More in Business

blockchain cricket chicken

Chinese blockchain chickens and a cricket farm to feed the world

Sam Brake GuiaJanuary 15, 2018

A craft beer direct to consumer model for modern times

Kwinten WoutersJanuary 15, 2018
workplace collaboration communication

Making Workplace Communication and Collaboration Easy

Boris DzhingarovJanuary 11, 2018
handicap accessible disabled tech bluetooth blockchain gps

Passenger Assist offers dignified help for people with disabilities

Lisa ShipleyJanuary 8, 2018
tech, 2017, review, google, amazon, facebook, elon musk

Noble causes to no-man’s land: Tech’s 2017 month-by-month

Ben AllenDecember 29, 2017

Downtime Blues: What Unexpected Tech Interruptions Cost Businesses

Melissa ThompsonDecember 19, 2017

5 Mistakes That Young Entrepreneurs Should Avoid

Kavinesh ArumugamDecember 18, 2017
music tech

Music tech expanding: to weather and to the best seats in the house

Lisa ShipleyDecember 18, 2017
bitcoin users

Britain’s spy agency says it is monitoring Bitcoin to find out about risks

Mathew Di SalvoDecember 12, 2017