Friends of the Innovation Center
Help the Innovation Center (OUIC) sustain its staff and services and provide vital economic impact.
In 2018, companies supported by the OUIC created 297 jobs, resulting in $12.9 million in employee compensation and $2.1 million in state and local taxes. In a five-year period, tax revenue increased by 220 percent, labor income increased by 111 percent, and job creation increased by 112 percent. These success stories represent the type of “catalyst for economic and quality of life change for Appalachia” envisioned in Ohio University’s Strategic Pathways.
The Innovation Center was created in 1983 to benefit the economic vitality of the region that Ohio University calls home. In its history, the OUIC has assisted approximately 300 companies that have created over 3,000 high-paying jobs.
The OUIC is more than just a building. It provides the necessary connections, executive coaching, and other critical resources necessary to enable entrepreneurs and their startups to overcome the hurdles that impede launch and growth. It also is a home for Ohio University student experiential learning by providing real-world opportunities for internships and employment with tech startups right here in Athens.
The OUIC earned several accolades in the last five years – including, but not limited to:
- Three awards – including the association’s highest honor, the Randall M. Whaley 2019 Incubator of the Year, from InBIA, the leading international professional association for entrepreneurial support providers
- A ranking as the 3rd best university-based incubator in the United States by the leading benchmarking institute – UBI Global – of Sweden
Although the OUIC boasts a proud past, we must continue to provide the transformational facility and expert services that enable technological advances, commercialization, and business growth. We ask for your help to keep this momentum going. Please join us as we continue to build upon the OUIC’s legacy together.