Third Frontier

News

GE Healthcare teams with Ohio institutions on pediatric MRI coils

An Aurora, Ohio subsidiary of GE Healthcare is teaming with clinicians and researchers at Cincinnati Children’s Hospital Medical Center and Ohio State University to find better ways to take magnetic resonance images of children. GEHC Coils Inc. in Aurora — the former USA Instruments Inc. — will use a $1 million Ohio Third Frontier grant […]

News

Third Frontier grants $3M to support startup tech companies

The Ohio Third Frontier Commission has awarded more than $3 million to entrepreneur-support organizations that provide services and investments to startup technology companies. The grant awards were made under the Third Frontier Pre-Seed Fund Initiative and Entrepreneurial Signature Program. — Cincinnati USA Regional Chamber was awarded $2 million for its Southwest Ohio Signature Program: The […]

News

Ohio Third Frontier Commission awards $14M in biomedical grants

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 […]

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News

Philips Healthcare investing $33M in Cleveland R&D center

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 […]

Hospitals

Ohio Third Frontier approves biomedical project, investing grants

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, […]

Policy

Ohio Third Frontier advisers take strategic look at future

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 […]

Policy

Ohioans vote for their futures, extend Third Frontier program

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 […]

Policy

Ohio governor calls victory for Issue 1, Ohio Third Frontier

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 […]

Policy

Track Ohio Third Frontier extension at Election Night Reporting

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 […]

News

Ohio biomedical industry would be a shadow but for Third Frontier

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 […]

Hospitals

Minnesota seeks its own “Third Frontier”

Fresh from passing a landmark angel investor tax credit, Minnesota lawmakers are advancing a bill that would, in time, radically alter high-tech economic developmentĀ  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 […]