Third Frontier


Eight Ohio biomedical companies get $8M in Third Frontier grants

Eight Ohio biomedical companies have received a total of $8 million in grants from the state’s Third Frontier technology support program. The grants, which awarded about $1 million to each firm, are aimed at accelerating the growth and development of Ohio’s burgeoning biomedical industry, which saw its number of  jobs  grow by 20 percent during […]


Euclid Ventures: A fund that wasn’t (but someday might be)

Plans for a new, small, state-backed investment fund that would’ve been operated by Cleveland-based venture development group JumpStart were shot down earlier this year by the state’s Third Frontier program. But JumpStart and the lead investor in the fund, which would be called Euclid Ventures, haven’t given up on the fund and are exploring options […]


Ohio hopes to keep, import young entrepreneurs with ONE Fund

The state of Ohio has unveiled plans for an 11-week summer competition that’s designed to attract and retain young entrepreneurs and help them set up businesses in the state. The program, called Ohio’s New Entrepreneur (ONE) Fund, calls for grants of $20,000 to 10 teams of up to five young people. During the competition, aspiring […]

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Physician Targeting Using Real-time Data: How PurpleLab’s Alerts Can Help

By leveraging real-time data that offers unprecedented insights into physician behavior and patient outcomes, companies can gain a competitive advantage with prescribers. PurpleLab®, a healthcare analytics platform with one of the largest medical and pharmaceutical claims databases in the United States, recently announced the launch of Alerts which translates complex information into actionable insights, empowering companies to identify the right physicians to target, determine the most effective marketing strategies and ultimately improve patient care.


Third Frontier renewal tops Ohio biomedical highlights in 2010

Most people in Ohio's biomedical industry would've considered 2010 a good year if just one key thing happened -- voters renewed the state's $1.35 billion, 10-year Third Frontier program, which is designed to energize Ohio’s economy by investing in cutting-edge technology. It happened and heads up MedCity News' list of the biggest highlights of the year for Ohio's biomedical industry.


Chris Coburn: Captain of the Cleveland Clinic Innovations crew

Chris Coburn is the captain of Cleveland Clinic Innovations, the corporate venturing arm of the Cleveland Clinic. The 53-year-old fitness enthusiast and his crew have an important job: nurturing inventions that emerge from several thousand scientists and doctors at the nation's top heart hospital, and guiding them through a years-long process to commercial viability, according to the Cleveland Plain Dealer.