Ohio Third Frontier commissioners made a slew of biomedical grants under two programs today.Recommended for more than $4.9 million under the Ohio Third Frontier Biomedical Program:– CardioX Corp., Dublin, in collaboration with Nottingham-Spirk Design Associates in Cleveland and QTest Labs in Columbus, was awarded $986,373 to finalize designs and clinical protocols for a new method [...]

Philips Healthcare is investing more than $33 million in the first phase of a medical imaging research and development center at University Hospitals Case Medical Center in Cleveland.The investment by the Dutch imaging technology company — which could double if a second phase follows — was announced at an afternoon press conference along with the [...]

The Ohio Third Frontier Commission on Wednesday approved $20 million in Wright Project grants, including more than $8 million for three biomedical projects.During their first meeting since voters approved an extension and expansion of the Ohio Third Frontier through fiscal 2015, commissioners also approved $11 million in entrepreneurial support and pre-seed investment fund grants, as [...]

Ohio Third Frontier leaders briefly patted themselves on the back Wednesday for a voter campaign that won an additional four years and $700 million for the state’s largest and most successful economic development program.It was the first meeting of the program’s advisers and commissioners since Ohio voters approved Issue 1 by a margin of 2-to-1 [...]

Ohio voters approved Issue 1 — an extension of the Ohio Third Frontier program — during Tuesday’s primary election by about two votes for every one vote against.Third Frontier is the $1.35 billion, 10-year program to energize Ohio’s economy by investing in technologies in five industry clusters, including biomedical. The current generation of the program [...]

Ohio Gov. Ted Strickland has called a victory for Issue 1 — the extension of the Ohio Third Frontier program, the state’s largest and arguably most successful, economic development program.With the votes of more than 85 percent of Ohio’s precincts counted, Issue 1 was being approved by 61 percent of voters, while 39 percent had [...]

The Ohio Secretary of State’s office has launched Election Night Reporting — a Web site that will give (unofficial) real-time vote tallies for issues and races in today’s primary election.You can use the site to track votes for Issue 1 — the constitutional amendment to extend the Ohio Third Frontier program for four years with [...]

By passing Issue 1 on May 4, Ohio voters would extend the Ohio Third Frontier program for four years with a $700 million bond issue. Without voter approval, the state’s largest, most aggressive, and arguably, most successful, economic development program ends in 2012.What would Ohio and its biomedical industry look like had it not [...]

Ohio Gov. Ted Strickland visited the Cleveland area Thursday morning to make an 11th-hour pitch for Issue 1 — the $700 million bond issue that would extend the Ohio Third Frontier program by four years if approved by voters on May 4.Third Frontier is the $1.35 billion, 10-year effort to rekindle Ohio’s economy by investing [...]

Fresh from passing a landmark angel investor tax credit, Minnesota lawmakers are advancing a bill that would, in time, radically alter high-tech economic development in the state by concentrating authority in a single public-private entity.The proposed Minnesota Science and Technology Authority, modeled after programs like Third Frontier in Ohio and The Ben Franklin Technology Partners [...]