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The University of Cincinnati will commit $5 million at first to the Cintrifuse startup accelerator.

The University of Cincinnati will commit $5 million initially and up to $5 million more in the future to Cintrifuse, a corporate-backed startup accelerator that is raising up to $100 million to bolster the city’s venture capital offerings. The investment will give UC an advisory-committee seat on a new fund of funds, which will invest in venture capital funds in other cities. The goal is to increase access to growth capital for Tri-State startups.

To read the original article: University of Cincinnati commits millions to Cintrifuse accelerator - Business Courier