State funding now available to bring new tech to market
The Ohio Department of Development has announced a new round of grant funding to help entrepreneurs bring innovative technologies to the marketplace through the Ohio Third Frontier's Technology Validation and Start-up Fund. Awards of up to $200,000 will be given to companies ready to commercialize technologies from Ohio research institutions.
The Ohio Department of Development has opened a new round of grant funding to help entrepreneurs bring innovative technologies to the marketplace. The Ohio Third Frontier's Technology Validation and Start-up Fund will provide awards of up to $200,000 for Phase 2 projects. The program aims to boost the state's economy by commercializing technologies from higher education institutions, nonprofit research institutions, and federal labs. Proposals are due by May 7, with awards expected to be announced in July 2026. The Ohio Third Frontier has given 411 awards worth over $69 million since 2012. The funding focuses on technologies in advanced manufacturing, materials, biomedical and life sciences, energy, sensors, and software and information technology.
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