Ice Cream Collisions and Ecosystem Musings

Aug 28, 2019 | News, Newsletter

Antony Seppi
HCDC Business Center

 

 

Winter, Spring, and Summer have flown by at the HCDC Business Center. I am not new to the #StartupCincy ecosystem, but my first nine months at HCDC have been a whirlwind; it is amazing to see the clustering and organic partnering that takes place when you get a lot of really smart people (i.e. actual rocket scientists) working together in close confines. In my mind, the Business Center is a mini-microcosm of the overall Greater Cincinnati/Dayton economic ecosystem – we’ve got aerospace, medtech, biotech, military, and digital – but the one thing that sets HCDC and Cincinnati apart from other ecosystems (the valleys and the alleys) is the tremendous amount of innovation, clustering, and manufacturing specific startups that resonate up and down the supply chain.

I wrote about this clustering back in 2010 in an opaque, overly number reliant, mind-numbing thesis that was part of my University of Cincinnati DAAP graduation requirements. That exercise provided me with the quantitative fundamentals to truly understand how cluster economies work and offer up some recommendations. I appreciate that exercise now, but I really appreciate the practical side – to be part of this innovation and startup growth first hand.

Here are some of my initial observations:

Uday Parshionikar – Perceptive Devices – Encore Entrepreneur

  • Collisions – the density and the nature of the programs at HCDC lead to a number of natural collisions. For example, Nimble IOT (founders Ryan and Kevin Kast – Kevin is also an encore entrepreneur) has developed “IOT – internet of things” technology that is allowing one of our most successful manufacturing graduates to glean valuable efficiencies. Nimble is providing real-time sensors to their manufacturing process thus saving them significant time, money, and resources. There are numerous examples scattered throughout the HCDC program history. We’ve got drone companies working with design/think firms, valve companies working with nanoslic companies, and so on. We have topical roundtables, coaching sessions, pop-up happy hours, and ice cream socials that bring our members together to create magic.
  • Where We Fit – we are a business incubator. Incubators are a long play in the land of short plays. In this day and age of instant gratification we provide the fundamentals to grow, scale, and evolve into sustainable businesses. This takes time and whether that growth is through revenue or capital infusion we provide programming through coaching, customer connections, community connections, and access into other StartupCincy ecosystem resources. We come together with the local universities, BigCos, ecosystem partners, and other providers to make Cincinnati a better place to launch an innovative venture. It is a pretty successful model and we’ve been doing it for 30 years.

 

That’s it for now, but the HCDC Business Center team will continue to share musings from the HCDC Business Center on a regular basis featuring stories on our startups, partners, or just plain insightful banter.

Want to be part of the collisions at the Business Center? – Click here to contact us!

Expand Your Knowledge, Expand Your Network with OEDA in 2023

At OEDA, we are thankful for our members who are passionately committed to the success of their communities and advancing Ohio’s economy. Over the past year, we’ve appreciated having you as part of our community of economic development professionals and are grateful for the opportunity to be your partner again in 2023.

read more

Early Bird Registration Now Open for 2023 Basic Economic Development Course

As your partner for success at every step of your career, OEDA strives to provide high-impact training opportunities for our members each year. The foundation of that training is our Basic Economic Development Course (Ohio BEDC). This year’s course will be held from May 1-4 in Dublin, Ohio, and Early Bird Registration is open from now until March 1.

read more

Clinton County Workforce Collaborative Kicks Off the New Year

(Wilmington, Ohio) The Clinton County Workforce Collaborative hosted its first meeting of the year on Thursday, January 19. With almost 40 individuals present, representing schools, businesses, service providers, and community organizations, members reviewed accomplishments from 2022, established a new meeting structure for 2023, and discussed how their current efforts can continue to meet the needs of the local community.

read more