Ohio Third Frontier leaders plan to increase the program’s flexibility
Following a two-day consensus-building retreat last month, leaders of the Ohio Third Frontier Commission determined that increases in the commission’s flexibility and nimbleness, as well as a greater focus on “entrepreneurship programs that produce jobs,” are key to its mission of “driving Ohio into the new economy,” the Cleveland Plain Dealer reports. The need to reevaluate the Third Frontier’s processes became evident when in the 2012 fiscal year, the commission spent only 20 percent of the $190 million it had available “to invest in promising ventures.” Third Frontier is just now funding entrepreneurship programs that were “budgeted nearly a year ago,” the article said. For more, read the full story.
