Dayton Daily News

Techstars Startup Week Dayton begins June 11. As in previous years, the idea behind the week is simple: Network, find customers and get answers. Now in its third year, the week features five days of panels and networking at the newly remodeled Steam Plan

Techstars Startup Week begins June 11, to include panels and networking.

- By Thomas Gnau Staff Writer

New companies participat­e because the event offers something, Koorndyk.

But there are also new companies being created all the time, he said.

“Dayton is a community that is absolutely chock-full of talent,” he said.

“We’re a very bootstrap community,” Ferrell said.

Jeff Graley, co-founder and partner in Mile Two LLC, a Dayton-based software creator and human performanc­e engineerin­g company, said starting a business can be a lonely endeavor.

“It helps a lot with the loneliness of wondering, am I doing this right,” he said of the week’s events. “How are we doing compared to other folks? It takes the isolation away.”

While Dayton enjoys the presence of Ohio’s largest single-site employer, Wright-Patterson Air Force Base, it doesn’t necessaril­y have the same “big business engagement” that startups in larger cities like Cincinnati and Columbus enjoy, Graley said.

“One of the things you see in the larger cities, in even a place like Cincinnati — Kroger, P&G, some of those larger foundation­al companies, those anchor corporatio­ns, are feeding the startup scene,” he said.

Bigger civilian companies often acquire technology developed by smaller, newer companies or at least present problems startups can attempt to solve, he said.

“One of the things I think is the next tipping point for Dayton is when those large corporatio­ns start to engage with the startups, to throw problems at them and have them fix those,” Graley said.

Ferrell said it helps that the Entreprene­urs Center was able to land “ESP” — Entreprene­urial Services Provider — status last year.

The Ohio Third Frontier Commission picked the center as the Dayton area’s ESP in March 2017. This award granted the center up to $6.1 million to support local tech startups.

While there are no official numbers on how many tech-focused startups are out there, the Dayton Tech Guide (found at Daytontech­guide.com/) serves as a kind of roster of who’s who.

Today, about 100 companies are identified by the guide, well up from about 30 at the guide’s genesis in 2015.

“We’ve been able to keep a thumb on the pulse of the startup community,” Ferrell said.

For more informatio­n on the week, go to Dayton.startup week.co/

Newspapers in English

Newspapers from United States