Converge Ventures harnesses the power of public-private partnerships to develop and market cutting-edge products. We provide an environment in which innovative start-ups can grow and thrive, which encourages greater returns on investment.
Converge develops innovative products that are driven by customer demand. Our start-ups solve customer specific problems that are articulated to our team, so there is always a defined end-market customer.
Our pipeline of commercializable intellectual property utilizes R&D developed at multiple Ohio universities. These organizations spend over $10B annually on research resulting in innovation that remains mostly unused and under-commercialized.
Engineering and product development capabilities are leveraged across our portfolio of start-ups. Initial design, prototyping, redesign, product testing and small run manufacturing are more accessible due to Converge's in-house production and engineering capabilities.
Pre-identified and engaged customers mean the market
need is locked down before developing and investing in any
innovation projects that Converge undertakes.
Defense Capital Match Projects provide matched DOD funding and lead to next phase purchase contracts. Next phase product purchase is automatic with no additional approvals necessary.
Our customers are our product partners, providing essential feedback and R&D capital in order to secure early adopter/purchaser status.
Converge has cultivated relationships with thousands of industry partners, ranging in size from early-stage startups through Fortune 50 corporations.
Converge has developed a network of service providers providing support capability for every stage of the business cycle.
Converge has engaged numerous economic development agencies and funding sources.
Converge has relationships with many research institutions and and federal laboratories across Ohio.
Converge has successfully engaged an array of federal support programs, including SBDC, PTAC, and MEP.
Converge has solid relationships with local and national venture capital partners and commercial banks.
Converge Technologies is a commercial engineering and business advisory services firm created to support efficient commercialization of innovative technologies.
BX3 uses expertise to raise funds and provide the necessary tools and framework to turn ideas into successful businesses across a variety of sectors.
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