U.S. Bank joins UC’s 1819 Innovation Hub
One of seven Fortune 500 companies with a presence inside 1819
U.S. Bank, a global leader in banking and financial services, will join the 1819 Innovation Hub at the University of Cincinnati in January 2025, reported the Cincinnati Business Courier.
Mark Angel, senior vice president and information security program manager at U.S. Bank, led the effort to establish the U.S. Bank innovation space in the Cincinnati Innovation District after seeing the gateway connection between students and companies.
“Mark has been a strong advocate for the 1819 Innovation Hub, and we recognized it as a great opportunity to enhance our talent pipeline and develop our people,” said Tim Held, chief information security officer and executive vice president for U.S. Bank. “We look forward to collaborating with the University of Cincinnati and our Innovation Hub partners on innovative approaches for positive transformation in the community.”
U.S. Bank will be located on the third floor of the 1819 Innovation Hub. Photo/Diana Lara
Ryan Hays, executive vice president and chief innovation and strategy officer for UC, is eager to welcome U.S. Bank to 1819.
“U.S. Bank knows what it takes to build great teams focused on continuous innovation at every level of the organization," Hays said. "We’re beyond excited to work with them.”
U.S. Bank becomes the second Fortune 500 company headquartered outside of Ohio to establish a presence at the 1819 Innovation Hub.
“A total of seven Fortune 500 companies now call 1819 home," Hays said. "We’re building something really special here in the Cincinnati Innovation District.”
Hays noted that while the 1819 Innovation Hub is fully activated with partners, UC continues to explore creative ways to optimize the building's space. Two offices on the first floor near the UC Ground Floor Makerspace recently were adapted as startup suites for Venture Lab portfolio companies, Airtrek Robotics and Meteora3D. Both startups have thrived within the building's ecosystem, securing funding from corporate partners such as Main Street Ventures and Cintrifuse.
U.S. Bancorp, with more than 70,000 employees and $686 billion in assets as of Sept. 30, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, Minnesota, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses, including consumer banking, business banking, commercial banking, institutional banking, payments and wealth management. U.S. Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, and it has been named one of the 2024 World’s Most Ethical Companies and Fortune’s most admired superregional bank.
The 1819 Innovation Hub is the nerve center of the Cincinnati Innovation District. The first innovation district in Ohio, the CID launched in 2020 as a historic partnership among JobsOhio, UC and Cincinnati Children’s Hospital Medical Center. The CID seeks to accelerate the growth of talent, research, innovation, commercialization and entrepreneurship across the region.
See more from the Cincinnati Business Courier.
Featured image at the top: 1819 Innovation Hub building. Photo/Greg Glevicky
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