Written by Robert Leitch.
From the moment you walk through the doors, you are surrounded by creative geniuses working tirelessly to carve out their space in the competitive tech world. Welcome to The Brandery, Cincinnati, Ohio’s premier accelerator. It’s a hotbed for startups in the southwestern part of the state since 2010, and now in 2015, The Brandery is giving startups extra momentum by offering more grant funding than ever before.
Each year the program accepts a class of 10-12 startups and takes them through a rigorous four-month program to build their brand, leveraging mentorships with local creative agencies and some of the biggest companies in the world. In the past, The Brandery awarded each startup $20,000 for six percent equity. This year the grant will jump to $50,000, thanks to increased funding from Ohio Third Frontier. The startups often use these grants to cover cost of living and other business expenses.
“We are thrilled to be able to offer this increase in grant funding to our incoming 2015 class of startups,” said Emily Cooper, marketing and operations manager at The Brandery. “Our goal is to give these entrepreneurs everything they need to start their business, and this will definitely further that goal.”
Applications for The Brandery’s 2015 class are now open and can be found at brandery.org. To date, the accelerator has graduated five classes of startups that have raised over $65 million in funding. The program’s portfolio companies have created over 120 jobs in Cincinnati and over 200 nationwide. The Brandery has consistently ranked in the top 15 startup accelerators in the nation.
“Having an accelerator as strong as The Brandery in southwestern Ohio is such an asset to the region,” said Norm Chagnon, deputy chief of the Office of Technology Investments within the Ohio Development Services Agency. “I’m confident these new opportunities will attract even more entrepreneurs to pursue their dreams in Ohio.”