A new program from JobsOhio is designed with unique features to “extend the breadth and strength of Ohio research and development to help spur innovation and job creation,” according to a recent post on The JobsOhio Blog. The JobsOhio Board of Directors authorized $50 million in initial funding for the new Research & Development (R&D) Grant Program that will “allow JobsOhio to make strategic investments in new R&D Centers that support existing and emerging sectors,” according to the blog post. Among its unique features, the program “is specifically designed to be accessible to middle-market companies,” such as its first grant recipient, Quality Electrodynamics (QED) of Mayfield Village. The program is also designed for both for-profit companies and non-profit institutes, and is “focused on commercialization and future production facilities that create jobs at scale.”
JobsOhio launches R&D Grant Program with $50 million in initial funding
