Cincinnati, OH, December 19, 2018 – The HCDC Board of Directors is excited to announce 22-year HCDC veteran and long-time Business Center Director Patrick Longo as the organization’s new President/CEO.
“The board met and realized that we didn’t know anyone who would be a better fit for the position than internal candidate Patrick Longo,” says HCDC Board Chair Tim Blankenhorn. “His more than two decades of service at HCDC, his experience of working with startup businesses and fellow startup ecosystem organizations in southwest Ohio, and his years of experience as Director of the HCDC Business Center made him the obvious choice.”
As Director of HCDC’s Business Center, a startup incubation program focused on the physical/applied sciences, engineering, and information technology, Longo aided in the development and growth of more than 300 entrepreneurial entities since 1997.
Longo has also been honored as Cincy Magazine’s 2017 Cool Tech Champion, the Small Business Administration’s (SBA) 2007 Ohio Financial Services Champion of the Year, was a member of the Cincinnati Business Courier’s 2003 Forty Under 40 class, and was featured in a Business Courier “One of 30 New Bosses to Watch in 2019” article. His professional areas of expertise include strategic planning, plan implementation, finance, marketing, business development, and access to capital.
Longo is community-focused. He is a CoMade board member, an advisory board member for the Urban League of Greater Cincinnati, a founding member/board member of the Cincinnati Minority Business Collaborative, and is on the advisory committee of the University of Cincinnati College of Engineering & Applied Sciences.
“Thank you to the HCDC Board for this great opportunity to lead HCDC. For the past 22 years, I’ve been a part of this great organization and I’ve seen first-hand the amazing accomplishments of HCDC’s incredibly talented team. HCDC’s team has assisted clients, communities, and stakeholders in the areas of access to capital, economic development, and business incubation. I’m excited about continuing our engagement and assistance with the businesses and communities we serve!”
Departing HCDC President/CEO Peg Moertl comments, “I couldn’t be happier with the board’s decision. We have incredibly talented people in the HCDC organization.”
About HCDC, Inc.
Established in 1983, HCDC, Inc.helps build businesses and promote job creation in three ways: Business Incubation, Business Lending, and Economic Development services. Born out of a need to create jobs to counter a shrinking manufacturing sector, HCDC has nurtured over 300 resident companies, financed over $1 Billion in projects, and has helped attract and create tens of thousands of local jobs in southwest Ohio. For more information, please visit www.hcdc.com.
Kacey King Redmond