CINCINNATI (April 17, 2009) – Peak 10, Inc., the leading independent data center operator and managed services provider, announced today the creation of the Greater Cincinnati and Dayton Technology Assistance Program (TAP) in conjunction with key local technology and business associations, to cultivate business incubation in the region. The TAP program will provide essential technology support and expertise to promising regional start-up companies.
The first 30 companies accepted into the TAP program will receive cabinet space within Peak 10’s enterprise-class Cincinnati data center, enhanced power for client hardware, highly redundant internet access, and IP addresses to run their equipment in the data center. Peak 10 will waive any one-time or monthly recurring costs for a 12-month period, a value of up to $5,000.
“We are thrilled to work closely with business and technology leaders in the local community to offer start-up and early stage companies an opportunity to get off the ground and grow,” said Ernest Leffler, vice president and general manager of Peak 10 Cincinnati and founder of the Technology Assistance Program. “This is a challenging economic climate for entering any industry, and we want to offer all the support we can to help the Greater Cincinnati and Dayton business economy continue to grow.”
Collaborating partners for the program include the Hamilton County Business Center, the Greater Cincinnati Venture Association, BIOSTART, Northern Kentucky ezone, C-Cap and The Entrepreneurs Center in Dayton Ohio. These supporting organizations will engage eligible businesses through their member networks as well as assist in the program’s qualification process.
“We are very excited that Peak 10 has organized the TAP program in an effort to bolster our innovative businesses by aiding their competitiveness,” said Patrick N. Longo, director of the Hamilton County Business Center. “This program’s impact will be felt by local entrepreneurs and individuals seeking employment from these start-ups who now have the option to take advantage of a technology program fueled by Peak 10’s enterprise-class facility, support and technology services.”
“Our region is a great area to launch a business, however the current economy makes the undertaking challenging and requires even greater management of costs.” said Joshua Johnson, founder and chief executive officer of Mindbox Studios, a Hamilton County Business Center client and early adopter of the program “Peak 10’s TAP program has afforded us the ability to leverage enterprise-class computing facilities and services to help us build our client base, and focus our efforts on growing our company and employee base in the area.”
Peak 10 Cincinnati helps local businesses improve reliability, increase revenue growth, lower costs and maximize internal resources for customers while keeping their valuable information technology assets close to the business. The company combines its secure network, high-tech data centers and portfolio of managed services with localized engineering and support to serve market-leading companies nationwide. Peak 10 owns and operates data centers in nine key markets that include Cincinnati, Ohio; Atlanta, Ga.; Raleigh and Charlotte, N.C.; Tampa and Jacksonville, Fla.; Nashville, Tenn.; Louisville, Ky.; and Richmond, Va.
About Hamilton County Business Center
Hamilton County Business Center, Inc. (HCBC) is a nationally recognized business incubation program that helps Greater Cincinnati entrepreneurs launch and build successful companies. HCBC is a mixed use, technology focused incubation program that caters to those entrepreneurs who are starting up an innovative and growing business. Both traditional and technology businesses are welcome at HCBC. To learn more, visit www.hcdc.com.
About Greater Cincinnati Venture Association
Founded in 1985 to connect entrepreneurs and investors through monthly meetings, today the GCVA has grown to over 150 members while still maintaining a focus on entrepreneurship, startup opportunities, and sustaining the entrepreneurial culture in the region. To learn more, visit www.newgcva.com.
As a catalyst, BIOSTART empowers young life science companies with a proven mix of business and scientific know-how, effective services, and cutting edge laboratory facilities. As a community, BIOSTART engages clients and partners in a stimulating, supportive entrepreneurial culture. This enables vital connections for successful commercialization. To learn more, visit www.biostart.org.
About Northern Kentucky ezone
The Northern Kentucky ezone, a division of Northern Kentucky Tri-County Economic Development Corporation, provides a support program for businesses ranging from start-up entrepreneurs to established companies commercializing a new product, technology or process. Support includes early stage capital in the form of grants, loans, forgivable loans and equity investments through the Kentucky Enterprise Funds and the Kentucky Department of Commercialization and Innovation. To learn more, visit www.northernkentuckyezone.com.
About The Entrepreneurs Center
TEC, an Edison Technology Incubator, provides value to its clients by assisting entrepreneurs to establish a functional structure around his/her business. Through our Know-How Network, team of advisors, mentoring, annual reviews and other services, TEC can help businesses to sharpen a plan that will maximize the probability of success. TEC is prepared to assist entrepreneurs at all stages of development. For more information, please visitwww.tecdayton.com.
C-Cap is a resource hub designed to link entrepreneurs with angel investors and the other resources they need to create successful growth companies. C-Cap is backed by an existing group of active angels, and by the resources of the Circuit and of Ohio’s IT Alliance, Ohio’s state-wide information technology association. To learn more about C-Cap, visit www.c-cap.net.
About Peak 10, Inc.
Peak 10 is the leading independent data center operator and managed services provider, delivering scalable, economical and reliable solutions for hosting and managing complex information technology infrastructure. The company combines multiple data centers and its portfolio of managed services with localized engineering and support to serve market-leading companies including LendingTree, Rivals.com, Global Knowledge, Pergo, Healthways, Churchill Downs and The Fresh Market. Peak 10 is SAS70 Type II compliant and helps companies meet the requirements of various regulatory compliance acts such as Sarbanes-Oxley (SOX), HIPAA, PCI and Gramm-Leach-Bliley (GLBA). For more information on data center solutions from Peak 10, visit www.peak10.com.