Hamilton County Office of Innovation & Creativity

Hamilton County Funds HCDC’s New Office of Innovation + Creativity

Hamilton County has funded a new Office of Innovation + Creativity under HCDC’s Economic Development Office.  The new office will primarily work with second stage companies, defined as companies with high growth potential employing 10 to 99 and generating over $1 million in revenue.  Second stage companies generate a disproportionately high number of jobs primarily due to their innovative character.  While these companies typically represent about 13% of the establishments in a community, they also represent about 35% of jobs and about 25% of positive job growth.

“HCDC is excited about this new initiative.  It fills a gap that exists locally within the current economic development landscape, “ stated Harry Blanton, Vice President, HCDC’s Economic Development Office.  “It’s an opportunity to leverage all three of HCDC’s program areas:  entrepreneurship, business financing, and economic development assistance while focusing on one of the highest growth sectors of the local economy.”

Assistance to second stage companies and other innovative businesses will include:  one-on-one expert consulting services; access to databases for selective marketing, demographic, and industry information; and professionally facilitated workshops, seminars, and related events in a peer group setting.

For more information on the Office of Innovation + Creativity, please contact Senior Director Catherine Fitzgerald.

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