Dissatisfied with data from the six regional organizations applying for Entrepreneurial Signature Program (ESP) funding, the Third Frontier Commission voted in its last meeting to maintain the commission’s existing funding levels through the end of the year in order to gather more data for final funding decisions, The Columbus Dispatch reports. According to Christiane Schmenk, director of the Ohio Department of Development and chairwoman of the Third Frontier Commission, the commission is aiming “to be thorough before using public funds for programs that are good, but we need to be able to show results,” the article said. Invantage Group, an analyst hired to review the ESP, concluded that four of the six regional organizations should be approved for funding. Based on a variety of concerns, requests from the Dayton and Toledo regions were not recommended for funding, the article said. For more, read the full story.
Ohio Third Frontier delays ESP funding
