UpTech startup accelerator awarded $100K business development grant

UpTech, metro Cincinnati’s accelerator for informatics-driven startups, announced today that the Kentucky Cabinet for Economic Development has approved an operational grant of $100,000.

As UpTech looks to the future, the continued support from the Commonwealth is recognition of the program’s success over the last three years. This operational funding comes only months after receiving $800,000 in Kentucky state tax credits for UpTech’s second fund.

“The work of UpTech and the other accelerators in Greater Cincinnati is vital to economic development in our region, and we are pleased to have the Commonwealth’s strong support of that work,” said UpTech President and Board Chair, Thomas Prewitt. “It’s about creating companies, and we’re creating companies.”

Read the full River City News story here.