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The Venture Codex

Entrepreneurs' Center Angels

31 S Main Street, Dayton, OH, 45402, United States

Overview

The concept to build this incubator in Dayton, Ohio, was fostered in 1996. The intention was to provide proper care and nurturing of individuals willing to take the risk to foster economic development and invest in the region by starting up technology enterprises. In 1998, the Dayton/Miami Valley Entrepreneurs Center, Inc. (D/MVEC) was established as a 501 (c) (3) not-for-profit corporation. Construction on the new 35,000 s.f. facility was completed in 2000. The first tenants moved in on September 1, 2000 and the center has since been doing business under the name of The Entrepreneurs Center (TEC). The Entrepreneur’s Center’s (TEC) purpose is to “graduate” successful tenants who will continue to contribute to the economic health of the region through the creation of jobs. TEC researches, identifies, teaches and disseminates the critical skill and values that enable entrepreneurs to succeed. In order to foster economic development, TEC maintains a network of other successful technology-based entrepreneurs for self-help and peer support. By implementing best practices, TEC promotes the development of new and emerging technology-based businesses through: An infrastructure that allows the development of innovative, market-oriented, technology-based products and services. Examples of services available include: fiber optic connection up to 100 mbps; built-in enterprise firewall and a Vodavi XTS Communication System that includes voice mail, conference calling, call forward, caller ID and wireless capability. An end-to-end suite of services, beginning with a screening and evaluation process and moving on to the specifics each company requires in order to thrive.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
3

Sector focus

  • Business Development
  • Collaboration
  • Social Entrepreneurship
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Investment portfolio

  • Smart Response Technologies

    Participated · Seed · Mar 2024

    Smart Response Technologies (SRT) develops Delphini, a cloud-based AI SaaS platform that provides real-time voice-to-text transcriptions for emergency call takers and dispatchers. Delphini was developed in cooperation with the Air Force Research Lab and offers features like spatially separated audio, customizable keyword highlights, and predictor-word detection. The company says Delphini increases first-responder communications effectiveness by 55% and comprehension by 70% while helping reduce stress and burnout. Delphini is already used by police and fire departments and county 911 Emergency Communications Centers nationwide and supports command-and-control centers, corrections, event management, and campus and corporate security. SRT is veteran-owned, founded in 2022, and plans to use new capital to accelerate product development, expand R&D, and broaden its offerings. The company has emphasized its social impact and potential for collaborations with other firms in the public safety sector.

Team

  • Karen Posey

    Executive In Residence, Healthcare & MedTech Portfolio

    LinkedIn
  • Corey Myers

    Entrepreneur In Residence

    LinkedIn
  • Barbara Hayde

    President

    LinkedIn