TechColumbus, Central Ohio’s resource for technology startups, received the 2012 Excellence in Technology-Based Economic Development (TBED) award for Increasing Access to Capital from the national State Science and Technology Institute (SSTI) during its recent annual meeting.
“TechColumbus shows how effective an organization can be when tailored to the needs of the region,” said Dan Berglund, SSTI president and CEO. “It has leveraged a rich network of public and private partnerships into support for tech companies at every stage, and had a remarkable impact on Central Ohio’s economy.”
TechColumbus’ breadth and depth of services includes start-up mentoring and consulting, business plan development, a strong pathway to capital investment, marketing assistance, and affordable, high-end office, meeting and lab facilities for incubator firms. SSTI also cited TechColumbus’ ability to leverage funds. To date, the organization has directly invested $22.5 million in 139 ventures, which have attracted $308.2 million in follow-on funding.