Ohio’s 3rd Frontier Program (part 2) – entrepreneurs

If you read my last post, you know I advocate for supporting the May 4 vote of the Third Frontier program.  Proponents claim that “Ohio’s Third Frontier is changing the face of economic development in Ohio.”  They also claim, “Ohio’s economy is in the midst of a transformation that will fast-forward its future.”  Pretty lofty claims.

The following video by proponents describes out this program works and how it is helping entrepreneurs and their businesses access capital and supprot services.  Listen to their story.  I personally feel it’s pretty compelling.

About Ohio Third Frontier

From promotional material – “The Ohio Third Frontier is a visionary initiative created in 2002 within the Department of Development to firmly establish the state as an innovation leader. With a 10-year initial life and a bipartisan commitment of $1.6 billion, the Ohio Third Frontier expands the state’s high-tech research capabilities that are designed to accelerate the pace of commercialization within Ohio. The focused investments seek to sustain the development of new, innovative products by addressing technical and cost barriers hindering market adoption. As a result, the Ohio Third Frontier has a significant and sustained role in building on the state’s strengths in technology and innovation to create high-wage jobs, new growth companies, and globally competitive products.

The Ohio Third Frontier was founded on the commitment to shape the future economy of the state through a balanced portfolio of programs to support research and commercialization, entrepreneurial assistance, cluster development, and expansion of the talent pool. In its seventh year of operation, the Ohio Third Frontier is living up to its commitment, delivering measurable results through a clear and comprehensive strategy and a focus on Ohio’s research and industrial strengths.”

>> Ohio Third Frontier Web site

>> Cincinnati Enquirer article (pros and cons) – March 29, 2010

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