“This is a strategic value-add partnership that we are providing to clients of The Hamilton Mill – connectivity with one of the top angel organizations in the United States.
Hamilton, Ohio (PRWEB) December 15, 2014
The Hamilton Mill and Queen City Angels are announcing a strategic partnership to provide complimentary services to the regional startup community. The relationship will provide a pipeline into the Queen City Angels investor network and will potentially offer Hamilton Mill clients expanded funding opportunities. With the fresh approach that The Hamilton Mill is taking regarding an untapped market opportunity (advanced manufacturing, clean-technology, and water-based solutions), the partnership is a logical fit as it will provide a diversified portfolio of potential investment opportunities for Queen City Angels. In return, The Hamilton Mill will have access to Queen City Angels mentor members and other resources within the regional startup community in which Queen City is entrenched. Queen City Angels was recently recognized by CB Insights as one of the top two private seed-stage venture capital investors in the country.
This partnership adds to the growing list of organizations that The Hamilton Mill is collaborating with to develop its award winning program. “This is a strategic value-add partnership that we are providing to clients of The Hamilton Mill – connectivity with one of the top angel organizations in the United States. In addition, it is another piece in the puzzle for moving our clients through the regional entrepreneurial ecosystem to better ensure their success,” says Rahul Bawa, Board Chair of The Hamilton Mill. “We are extremely excited about cultivating this partnership for our clients and potential prospects considering The Hamilton Mill.”
The Cincinnati-based Queen City Angels (QCA) is a group of more than 50 experienced and accredited investors who provide funding, support, and guidance to early-stage growth companies. Including current and former entrepreneurs and business executives, QCA members draw on their operating and management experience to evaluate opportunities and provide on-going mentoring to young ventures with exceptional growth potential. Since 2000, QCA members have directly invested more than $42 million in more than 70 companies.
Scott Jacobs, Director at Queen City Angels, adds “Our partnership with The Hamilton Mill will further diversify our portfolio of investable companies, especially addressing the advanced manufacturing and clean-technology sector – a sector that has typically been underrepresented at venture firms throughout the region. We are excited to begin our work with The Hamilton Mill and some of their cutting-edge clients.This collaboration is one more way that we can help educate, develop, grow and support the region’s young, innovative companies and contribute to the overall success of the Southwestern Ohio entrepreneurial ecosystem.”
The Hamilton Mill relaunched in July of this year with a renewed focus on advanced manufacturing, clean-technology, and water-based solutions. Since the relaunch, the program has been recognized and awarded for its innovative approach by the Ohio Economic Development Association (Winner, Excellence in Economic Development Innovation) and the International Economic Development Council (Bronze, Excellence in Economic Development Award in the category of Sustainable and Green Development category for communities with a population between 25,000 to 200,000 from the IEDC). The organization was also recognized by the American Society for Public Administration (ASPA) for its collaborative approach with the City of Hamilton.
To learn more about the Queen City Angels, please visit http://www.qca.com
For more information about The Hamilton Mill, please visit http://www.hamiltonmill.org.