The Ohio Third Frontier Commission announced recently that it has approved more than $21 million in grants through its Ohio Third Frontier Open Innovation Incentive and its Ohio Third Frontier Innovation Platform Program, according to a press release from the Ohio Department of Development. Two organizations received a combined $3.76 million as part of the incentive program, which aims to help Ohio middle market companies in-source “external innovations” that can help both the companies and the state thrive, the release said. Six organizations received anywhere from $2.4 to $3 million as part of the Ohio Third Frontier Innovation Platform Program, which aims to “support commercial relationships” between Ohio colleges, universities and other nonprofits whose research and innovations can be used to benefit Ohio for-profit companies, the article said. For more, including details on the award recipients, read the press release.
Ohio Third Frontier recommends more than $21 million in grants to spur innovation
