AND SOUTHWEST OHIO MANUFACTURING ANNOUNCED AT WHITE HOUSE DEMO DAY
CINCINNATI, OHIO – $50,000 Small Business Administration Growth Accelerator Fund Competition awards that included Cincinnati Made (www.cincinnatimade.org) for its First Batch business accelerator were announced at the White House Demo Day today. First Batch supports physical product startups and regional manufacturing. Its award was one of just two to Ohio entities.
Applications were judged by more than 40 experts with entrepreneurial, investment, startup, economic development, capital formation and academic backgrounds from both the public and private sector. A first panel of judges reviewed over 400 applications and presentations. A second panel of judges evaluated finalists’ presentations and pitch videos and selected the winners.
Cincinnati Made helps to promote and grow Cincinnati’s physical products eco-system including design, engineering, manufacturing, and marketing resources. Its First Batch accelerator helps entrepreneurs get new products from prototype to first run production, learn to create and run businesses, and promotes Southwest Ohio and Northern Kentucky manufacturing. It was co-founded in 2013 by Matthew Anthony, who holds Bachelor’s and Master’s degrees from the nation’s #1 ranked Industrial Design program at the University of Cincinnati’s College of Design, Art, Architecture and Planning. Anthony also received the 2015 Young Urbanist Award from UC’s Community Design Center.
One of a small number of U.S. business accelerators exclusively dedicated to physical products, First Batch has had an exceptional summer. In June, after announcing the winners of its annual design and manufacturing competition, it received $75,000 from the Carol Ann and Ralph V. Haile, Jr./U.S. Bank Foundation, the non- profit’s original funder.
In July, it received a $50,000 matching grant from TechSolve, Southwest Ohio’s Manufacturing Center of Excellence, which is dedicated to enhancing the competitiveness and capabilities of Southwest Ohio’s manufacturers via the Ohio Manufacturing Extension Partnership. The Ohio MEP program works with specialized nonprofits to provide low-cost business and technical assistance to small- and medium-sized manufacturers. West Chester based manufacturer TSS Technologies is also a First Batch sponsor.
Cincinnati Made President Matt Anthony said, “We are grateful to the Department of Commerce, and Small Business Administration for this important award. Ohio ranks third in the nation in manufacturing and the Cincinnati metro area leads the state. Small firms create the majority of new jobs and innovative ideas. We are pleased to be recognized among the nation’s leaders in supporting creation and manufacture of physical products. As manufacturing and related jobs return to America, we want to help ensure that they come to Southwest Ohio. This grant will allow us to help more new businesses succeed.”
Cincinnati Made’s Advisory Board is chaired by Richard Kiley, former P&G marketing, IT and finance executive, who co-founded Ohio’s Third Frontier Program, CincyTechUSA, and the Ohio Venture Capital Fund. Its Advisory Board also includes former P&G head of Research and Development, Bruce Brown; TechSolve President, Gary Conley; LPK founder, Jerry Kathman; former P&G manufacturing executive and EnovaPremier CEO, Ed Rigaud; and UC/DAAP Associate Dean, Craig Vogel, an internationally known industrial design authority and author.
Cincinnati Made is located at 111 West McMicken Street in Cincinnati’s Over the Rhine district. For additional information, please contact John Spencer at 513-324-9444 or firstname.lastname@example.org.