Cincinnati Children’s pumps $6M into fund to launch startups

Story excerpt provided by Cincinnati Business Courier.

Written by Barrett J. Brunsman.

Cincinnati Children’s Hospital Medical Center announced today that it will invest $6 million to create startup companies based on technology developed by its researchers.

The hospital, based in Avondale, found out last week that it will receive $3 million in funding from Ohio’s Third Frontier economic development initiative, and Cincinnati Children’s intends to match that three-year grant with $3 million of its own to create the Tomorrow Fund III.

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Originally published June 18, 2014.

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