Fintech71: Where Financial Leadership Meets Industry Innovation
Ohio is a catalyst to never before seen industry collaboration
The program received support from national, industry-leading financial institutions and insurance companies that got involved in the program through mentorship and other means. This includes leaders such as Huntington National Bank, KeyBank, Progressive Insurance, Grange Insurance, CardinalCommerce, Visa, Fifth Third Bank, Mastercard, PNC Bank, Nationwide Mutual Insurance Company, First Federal Lakewood and Safelite Group.
Eager to share expert insights and do business with fintech innovators, the industry leaders found the program just as rewarding as the cohort did. JobsOhio’s board of directors held its public meeting at Fintech71 on Dec. 18, 2017. The meeting included a presentation from Cheryl Lebens, Vice President, Chief Risk & Strategy Officer of Grange Insurance, and Adrian Becker, Director of Strategic Partnerships at Steady, about the power of collaboration between the traditional and startup companies.
Lebens emphasized that Grange Insurance’s involvement was one of the biggest shakers of the company’s year. Lebens also noted that Grange Insurance intends to innovate to help shape its future, choosing to disrupt itself rather than be disrupted.
Grange Insurance saw that Fintech71 was the right fit for a chance to evolve, strongly identifying with mutual interests in promoting Ohio and furthering financial services. The company hoped that its participation would grow jobs, build relationships and help gain insight around accelerators and startups. Lebens said the benefits of participating in Fintech71 exceeded expectations.
One of the Dayton region’s largest manufacturing companies is planning a massive expansion at one of its local facilities.
Cargill Inc., a Minnesota-based provider of food, agriculture, financial and industrial products and services, will invest $225 million to expand its integrated soybean crush and refined oils facility in Sidney.
The project will create new jobs and further enhance Cargill’s presence in the region.read more
The Montrose Group released A Rural Development White Paper: A Mandate for Transformation timed in conjunction with a forum held in Circleville, Ohio before 100 economic development, business and community leaders focused on rural economic development. A copy of the white paper can be found at https://montrosegroupllc.com/2019/10/rural-development-whitepaper-a-mandate-for-transformation/.read more
URBANA, Ohio – On November 1, students from Urbana High School were announced as the winners of the second annual Champaign County Design Challenge during the county-level competition at Urbana University. The winning team, consisting of Ron Ragland, Bryant McKenzie, Dale Mason, Bryant Chamberlain, and Johnny Moore, are part of Ohio Hi-Point’s Advanced Manufacturing satellite program at Urbana High School.read more