This week, Queen City Angels announced it closed a new $10MM fund. Started in 2000, this is QCA’s largest fund to date. Tony Shipley, QCA’s founder and chairman, noted that QCA invested their previous fund much faster than expected. A testament to the growing number of startup investment opportunities in Cincinnati.
In other news, Iron Yard announced it will open a coding school campus in Cincinnati. Iron Yard’s 12-week immersive code school format is designed to take people from beginner to job-ready for junior-level positions – helping people transition into careers that can offer more opportunity and ultimately, career satisfaction. The organization has a presence in other startup ecosystems around the country like Austin, TX, Las Vegas, NV and Atlanta, GA. Why Cincinnati? Because in the last 90 days , more than 1,200 jobs for developers were posted in the Greater Cincinnati region, 375 of which were for junior-level positions.
Venture For America also announced it will hold its selection day in Cincinnati this week – an event that, in the past, was almost exclusively held in New York City. Venture for America started with a straightforward idea – to channel talented young people to early-stage companies in Detroit, New Orleans, Providence and other U.S. cities to train as entrepreneurs. This helps the companies succeed and creates jobs in these communities. It also prepares our young people to go on to become the builders and entrepreneurs.
Plenty more happened this week so take a spin through the deck to see what you missed!