OU Entrepreneurs Open House TONIGHT

Have you thought about starting your own business? Do you have an idea but don’t know what to do next? Can you see yourself being a key part of a startup, even if you don’t have an idea yourself? Are you craving being around entrepreneurial-minded people?

Let Ohio University Entrepreneurs be the next piece to your puzzle!

OUE connects students to resources and educates members in efforts to launch student startups.

TONIGHT:

There will be an open house in BENTLY 021 AT 7:00PM where you can stop by to learn more about our organization (and chow on some pizza).

If you’re interested in being a part of OUE and can’t make it, contact Alex Harshaw at ah953811@ohio.edu.

We look forward to helping your thoughts become reality.

See you tonight!

LAST CALL: Student Invention Competition closes Jan. 30th!

The 2015 Lemelson-MIT National Collegiate Student Prize CompetitionLemelson ends on January 30th. Do you have an inventive solution for the following competition categories?

Your invention could win up to $15,000!

Contact Marlena Love (marlenam@mit.edu), the awards program officer, with any questions.

 

 

VentureWell: Apply for the E-Team Program!

VentureWell

Do you want to impact the world? Do you have an idea that could do just that?

The VentureWell E-Team may be the perfect opportunity for you. This program wants to empower college aged entrepreneurs through providing resources of up to $75,000 in funding and excellent coaching.

If you  have a university-based, student-led team that is developing an important technology, considering applying for the E-Team

The LaunchHouse Institute Bootstrap Bash

bootstrap bash

Help support the youth programs put on by the Shake LauchHouse Institute. This organization is a nonprofit program of the Shaker Heights Development Corporation. Fostering entrepreneurial creativity and critical thinking in students of all majors is the goal of the programs such as LEAP, the summer accelerator program for high school students, and practicums for college students and small business counseling. The tickets from this event will go to support these programs. Buy a ticket for this event here. RSVP is due by Friday, January 23, 2015.

TechGROWTH awarded $3.7 Million

TechGROWTH Ohio Wins $3.7 Million Third Frontier AwardTechGrowth log

Becomes $40 Million Program for Southeast Ohio Startups

Athens, Ohio – Ohio University’s Third Frontier initiative, TechGROWTH Ohio, has been awarded $3.7 million by the state in a competitive funding process for venture development services.  The grant will be matched dollar for dollar by Ohio University and private organizations, allowing TechGROWTH to continue and expand these services through 2016.

Founded in 2007 by Ohio University and Ohio’s nationally recognized Third Frontier program, TechGROWTH provides intensive professional services and seed-stage investment capital to technology companies and entrepreneurs in Southeast Ohio. It has assisted more than 450 technology companies and has invested more than $5 million in 12 startup companies.  These services and investments have helped companies in Southeast Ohio generate nearly $200 million in additional economic activity, including co-investments, loans, grants, increased sales and new jobs.

“This new award from the Ohio Third Frontier validates the quality of our significant and ongoing efforts to grow the innovation economy in Southeast Ohio,” said Roderick J. McDavis, president of Ohio University.

Earlier this year, TechGROWTH opened its third seed fund with nearly $6M of new capital under management.  In addition, two affiliated groups, East Central Ohio Tech Angel Fund (ECOTAF) and Impact Angels, recently opened new angel investment funds.  The cumulative services and investment funding provided by Third Frontier, Ohio University and other organizations now totals more than $40 million.

“With new funding in place for both services and investment capital, TechGROWTH and Southeast Ohio are well-positioned for increased startup activity and economic impact in the coming years,” said Lynn Gellermann, executive director of TechGROWTH and Ohio University’s Center for Entrepreneurship.

TechGROWTH, which is led and managed by Ohio University’s Voinovich School of Leadership and Public Affairs, has developed an expansive network of strategic partners to identify and assist aspiring new companies and entrepreneurs throughout the region. The TechGROWTH partner network includes the following organizations and service providers:  Bricker & Eckler, Crowe Horwath, EquiBrand, Kaser Enterprises, Ice Miller, NuGrowth and the Muskingum County Business Incubator (MCBI).  Additional mentoring and advisory services are provided by a number of professionals working with TechGROWTH as Entrepreneurs- and Executives-In-Residence.

“TechGROWTH’s increased capacity to support inventors and entrepreneurs through the early stages of company formation and capital attraction is a major milestone for our region,” said MCBI Executive Director and ECOTAF Member Larry Triplett.

At Ohio University, institutional collaborators include: Office of the Vice President for Research and Creativity, College of Business, Center for Entrepreneurship, Innovation Center, Technology Transfer Office and Edison Biotechnology Institute.

TechGrowth Ohio targets startup technology companies across several sectors including, but not limited to: advanced energy and environment, healthcare, information technology and advanced materials. Entrepreneurs in southeastern Ohio can visit www.techgrowthohio.com for more information about available investment and venture development resources.

Media contact: Lynn Gellermann, 740-597-1722, Gellermann, gellerml@ohio.edu