New Technology Concept Fund aims to help Ohio State University-licensed technologies become marketable
The Ohio Third Frontier program and Ohio State University have pooled $1 million to create the Technology Concept Fund to help the university "turn technologies into commercial applications that in turn will spur economic growth and create jobs in the state," The Columbus Dispatch reports. The fund will be managed by TechColumbus and will focus on technologies related to advanced materials, alternative energy, information technology and life sciences. Selected companies will receive cash during their earliest stages, and those that become successful will then plow cash back into the fund, making it "evergreen," the article said. For more, read the full story.
