Member Profile: Sica Ventures
Company Name: Sica Ventures
Location: Columbus
Industry: Venture Capital
What We Do: Provide funding to seed stage high-growth tech startups.
What’s a Trend You’re Seeing/Prediction for the Future: Decentralization of top tier tech talent. Prior to 2020 it was starting however it has recently been accelerated significantly. Merit and quality of startup/tech companies now play a bigger role in attracting talent than geographic location.
A Problem/Challenge We Are Working To Solve: Providing more private capital and resources to the Midwest and specifically Ohio. Encouraging a "founders first" mantra towards startup funding.
Company Slogan: Fueling a better future.
Why is Ohio a great place to do business?: The cost of living drives down the price of doing business. Salaries and margins are more manageable and create a more stable environment to implement growth. The difference in overhead/burn between Columbus and SF is measured in multiples.