Technology / Research >> Technology

Other Services and Programs Provided Through Edison Centers & Affiliates

Technology Transfer

Two (2) Centers are funded to link emerging and established Ohio companies to the federal laboratory resources in Ohio, specifically Battelle's Great Lakes Technology Center (GLITeC) provides linkages to NASA Glenn Research Center in Cleveland, and EMTEC provides linkages to the Air Force Research Laboratories headquartered at Wright Site in Dayton.

Polymer Ohio

The mission of PolymerOhio is to enhance the growth and global competitiveness of Ohio's polymer, plastic, rubber and advanced materials industry, through the identification and fulfillment of its needs and by facilitating the awareness, utilization, and development of existing and future resources. Services include but are not limited to: assessment of individual company needs; facilitation of assistance by connecting to other companies, and state, academic and federal resources; identification of grant opportunities for Ohio companies; and workshops and seminars.

Ohio Venture Capital Authority

The purpose of the Ohio Venture Capital Authority (OVCA) is to increase the amount of private investment capital for Ohio companies in the seed or early stage of business development. The OVCA seeks to drive entrepreneurial growth, job creation and economic prosperity in Ohio by creating The Ohio Capital Fund, a "fund of funds that focuses on seed and early stage capital investments".

The Technology Investment Tax Credit

Ohio's Technology Investment Tax Credit (TITC) Program is designed to encourage investment in early-stage technology businesses that might otherwise encounter difficulty obtaining external capital. Ohio companies interested in receiving investments that qualify for tax credits may apply for certification by contacting any Edison Center in the state. Ohio investors may reduce their state taxes by 25% (or 30%, see Website) of the amount they invest in TITC-certified, technology-based Ohio companies.

Ohio's SBIR Program

Designed to help small technology-oriented firms successfully compete for and commercialize products developed through the federal Small Business Innovation Research (SBIR) Program. Ohio's SBIR Office assists businesses to identify research and development project topics, provides related educational services, workshops and conferences and links to other resources. For more on the federal SBIR Program, click here.

Ohio Research Commercialization Grant Program

The Ohio Research Commercialization Grant Program (ORCGP)supports commercializing new products and services derived from Small Business Innovation Research (SBIR), Small Business Technology Transfer (STTR) and Advanced Technology Program (ATP) research and development projects. This improves the ability of small technology companies to assess and realize the commercial potential of research projects and the competitiveness of these companies.

The Third Frontier

The Third Frontier Project was initiated in February 2002. This project is the state's largest-ever commitment to expanding Ohio's high-tech research capabilities and promoting innovation and company formation that will create high-paying jobs for generations to come. The 10-year, $1.1 billion initiative designed to:

• Build world-class research capacity
• Support early stage capital formation and the development of new products
• Finance advanced manufacturing technologies to help existing industries become more productive

Through the Third Frontier Project, additional federal and private sector support can boost the total investment to more than $ 4.5 billion.For information contact The Ohio Department of Development at (614) 466-3887.