The Entrepreneurs Center lands $10.8M for Dayton startups

Scott Koorndyk, president of The Entrepreneurs Center
Scott Koorndyk, president of The Entrepreneurs Center

The Entrepreneurs Center was awarded $10.8 million to expand support for Dayton entrepreneurs, officials announced Thursday.

The technology accelerator and business incubator received the money from the Ohio Third Frontier Commission. The Entrepreneurs Center leads the region’s Entrepreneurial Services Provider network, which is an Ohio Third Frontier program that provides funding and assistance to technology-based startups, aimed at accelerating early growth.

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The Entrepreneurs Center said in a statement that this award will support its efforts to significantly expand programming and support for the region’s entrepreneurs as it moves operations into the Arcade. The Entrepreneurs Center is working with the University of Dayton on the The Hub, which is a 95,000-square foot center planned in the Arcade for startups and small businesses.

“This award is a testament to the progress The Entrepreneurs Center has made helping Dayton founders launch and scale their companies,” Scott Koorndyk, president of The Entrepreneurs Center, said in a statement. “This (Entrepreneurial Services Provider) grant represents funding at a level our region has never seen before and will allow us to not only continue, but to expand, our exciting work with Dayton’s most promising new ventures.”

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The Entrepreneurs Center, located at 14 E. Monument Ave., took over the region’s Entrepreneurial Services Provider network in 2017.