At a recent ribbon-cutting, the city of Covington and Northern Kentucky University marked the creation of the Collaborative for Economic Engagement, a hub for entrepreneurs and businesses aimed at spurring economic growth in the region.

The hub is located at Covington’s Innovation Alley, and its goal is to combine NKU’s expertise in areas like data analytics, logistics, and health with regional programs, which NKU president Ashish Vaidya said will help “catalyze a prosperous, equitable, and inclusive regional ecosystem through economic development and entrepreneurship.”

Innovation Alley already hosts medical testing firm Gravity diagnostics, Bexion Pharmaceuticals, Grainwell Market, and a cluster or early-stage startups. The Collaborative has found a good home.