Third Frontier Project FY 2008 Funding Opportunities
<ul><li>Vision </li></ul><ul><ul><li>In targeted areas of technology, Ohio has established regional and statewide clusters...
<ul><li>Strategies </li></ul><ul><ul><li>Guided by a focus on Ohio research and industrial strengths:  </li></ul></ul><ul>...
Focus Areas <ul><li>Based on a 2002 study by Battelle, the Third Frontier Project adopted  </li></ul><ul><li>five technolo...
Screening Criteria <ul><li>Impact on Ohio </li></ul><ul><li>State/Regional Priorities </li></ul><ul><li>Potential for Leve...
<ul><ul><li>To achieve the vision and strategies, the following program categories have been adopted:   </li></ul></ul><ul...
FY 2008 Programs <ul><li>Research and Commercialization Collaborations </li></ul><ul><ul><ul><ul><li>Continue </li></ul></...
FY 2008 Programs <ul><li>New Research & Development Center Cost Share Program </li></ul><ul><ul><li>Continue  </li></ul></...
FY 2008 Programs <ul><li>Engineering & Physical Science RCP </li></ul><ul><ul><li>Continue  </li></ul></ul><ul><ul><li>Tot...
FY 2008 Programs <ul><li>Biomedical RCP </li></ul><ul><ul><li>Continue  </li></ul></ul><ul><ul><li>Total Amount Available ...
FY 2008 Programs <ul><li>Wright Projects </li></ul><ul><ul><li>Restart  </li></ul></ul><ul><ul><li>Total Amount Available ...
FY 2008 Programs <ul><li>Ohio Research Scholars Program </li></ul><ul><ul><li>New  </li></ul></ul><ul><ul><li>Total Amount...
FY 2008 Programs <ul><li>Early-stage capital </li></ul><ul><ul><li>Continue  </li></ul></ul><ul><ul><li>Total Amount Avail...
FY 2008 Program Recommendations <ul><ul><ul><li>Product Development Assistance </li></ul></ul></ul><ul><ul><ul><ul><li>Con...
FY 2008 Programs <ul><li>Ohio Research Commercialization Grant Program </li></ul><ul><ul><li>Continue  </li></ul></ul><ul>...
FY 2008 Programs <ul><li>Third Frontier Fuel Cell Program </li></ul><ul><ul><li>Continue  </li></ul></ul><ul><ul><li>Total...
FY 2008 Programs <ul><li>Advanced Energy Program </li></ul><ul><ul><li>New  </li></ul></ul><ul><ul><li>Total Amount Availa...
FY 2008 Programs <ul><ul><ul><li>Company Attraction </li></ul></ul></ul><ul><ul><ul><ul><li>Continue </li></ul></ul></ul><...
FY 2008 Programs <ul><li>Targeted Industry Attraction Grant Program </li></ul><ul><ul><li>Continue  </li></ul></ul><ul><ul...
FY 2008 Programs <ul><li>Third Frontier Internship Program  </li></ul><ul><ul><li>Modified  </li></ul></ul><ul><ul><li>Tot...
FY 2008 Programs <ul><li>Commercialization Framework  </li></ul>Research Scholars New R&D Center CS Wright Projects RCPs E...
Third Frontier Project: General Process <ul><li>RFP materials released on web site:  www.thirdfrontier.com </li></ul><ul><...
<ul><li>Q&A </li></ul>
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ChagnonTalk.TFPOpportunities091007.PPT

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ChagnonTalk.TFPOpportunities091007.PPT

  1. 1. Third Frontier Project FY 2008 Funding Opportunities
  2. 2. <ul><li>Vision </li></ul><ul><ul><li>In targeted areas of technology, Ohio has established regional and statewide clusters of excellence that sustain our global competitive advantage in company and product formation, job creation and economic growth. </li></ul></ul>
  3. 3. <ul><li>Strategies </li></ul><ul><ul><li>Guided by a focus on Ohio research and industrial strengths: </li></ul></ul><ul><ul><ul><li>Increase the quantity of high quality research that has commercial relevance for Ohio. </li></ul></ul></ul><ul><ul><ul><li>Expand the availability of investment capital needed to form and grow new companies. </li></ul></ul></ul><ul><ul><ul><li>Grow and nurture an increasingly experienced pool of entrepreneurial management talent supported by organized systems of services and networking. </li></ul></ul></ul><ul><ul><ul><li>Expand the availability of capital and assistance to support product innovation in established companies. </li></ul></ul></ul><ul><ul><ul><li>Attract new-to-Ohio company activity that grows and strengthens the function of specific clusters of excellence. </li></ul></ul></ul>
  4. 4. Focus Areas <ul><li>Based on a 2002 study by Battelle, the Third Frontier Project adopted </li></ul><ul><li>five technology focus areas: </li></ul><ul><li>Advanced Materials </li></ul><ul><li>Biosciences </li></ul><ul><li>Information Technology </li></ul><ul><li>Instruments, Controls, Electronics </li></ul><ul><li>Power and Propulsion </li></ul>
  5. 5. Screening Criteria <ul><li>Impact on Ohio </li></ul><ul><li>State/Regional Priorities </li></ul><ul><li>Potential for Leverage </li></ul><ul><li>Potential for Products </li></ul><ul><li>Sustainable competitive </li></ul><ul><li>advantage (Fly wheels) </li></ul><ul><li>Size of opportunity </li></ul><ul><li>Vision for success </li></ul><ul><li>Roadmaps for success </li></ul><ul><li>Supporting workforce </li></ul><ul><li>Importance to key existing </li></ul><ul><li>and emerging OH industry </li></ul><ul><li>drivers </li></ul><ul><li>Anchor Companies </li></ul><ul><li>Research Capacity </li></ul><ul><li>Receptive Capital Markets </li></ul>+ <ul><ul><li>Regional Focus Group Input </li></ul></ul><ul><ul><li>Barriers to entry by others </li></ul></ul><ul><ul><li>Global trends </li></ul></ul><ul><ul><li>Leadership assets </li></ul></ul><ul><ul><li>Timeliness of the opportunity </li></ul></ul><ul><ul><li>Stage of market development </li></ul></ul><ul><ul><li>Customer readiness for </li></ul></ul><ul><ul><li>product ideas </li></ul></ul>+ <ul><li>Past Performance </li></ul><ul><li>Evidence of proposal </li></ul><ul><li>building on previous TFP </li></ul><ul><li>investments </li></ul>
  6. 6. <ul><ul><li>To achieve the vision and strategies, the following program categories have been adopted: </li></ul></ul><ul><ul><ul><li>Research and Commercialization Collaborations </li></ul></ul></ul><ul><ul><ul><li>Entrepreneurial Support </li></ul></ul></ul><ul><ul><ul><li>Product Development Assistance </li></ul></ul></ul><ul><ul><ul><li>Company Attraction </li></ul></ul></ul>
  7. 7. FY 2008 Programs <ul><li>Research and Commercialization Collaborations </li></ul><ul><ul><ul><ul><li>Continue </li></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>New Research & Development Center Cost Share </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Engineering & Physical Science RCP </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Biomedical RCP </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><li>Restart </li></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Wright Projects </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><li>New </li></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Ohio Research Scholars Program </li></ul></ul></ul></ul></ul>
  8. 8. FY 2008 Programs <ul><li>New Research & Development Center Cost Share Program </li></ul><ul><ul><li>Continue </li></ul></ul><ul><ul><li>Total Amount Available - $9 million </li></ul></ul>Research and Commercialization Collaborations Schedule TBD TBD N/A Rolling Award Date Review Period RFP Close RFP Open At least 1 Ohio-based organization (for profit if not lead) N/A 15% of prime award up to $5 million Ohio-based organization Collaborators Cost Share Award Amount Eligibility
  9. 9. FY 2008 Programs <ul><li>Engineering & Physical Science RCP </li></ul><ul><ul><li>Continue </li></ul></ul><ul><ul><li>Total Amount Available - $26 million </li></ul></ul>Research and Commercialization Collaborations Schedule June Feb-June January October Award Date Review Period RFP Close RFP Open At least 1 Ohio-based organization (for profit if not lead) 1:1 $2 - 5 million Ohio-based organization Collaborators Cost Share Award Amount Eligibility
  10. 10. FY 2008 Programs <ul><li>Biomedical RCP </li></ul><ul><ul><li>Continue </li></ul></ul><ul><ul><li>Total Amount Available - $26 million </li></ul></ul>Research and Commercialization Collaborations Schedule June Feb-Jun January October Award Date Review Period RFP Close RFP Open At least 1 Ohio-based organization (for profit if not lead) 1:1 $2 - 5 million Ohio-based organization Collaborators Cost Share Award Amount Eligibility
  11. 11. FY 2008 Programs <ul><li>Wright Projects </li></ul><ul><ul><li>Restart </li></ul></ul><ul><ul><li>Total Amount Available - $21 million </li></ul></ul>Research and Commercialization Collaborations Schedule June Apr-Jun March December Award Date Review Period RFP Close RFP Open At least 1 Ohio-based for profit 1:1 $1- 3 million Up to 25% project award in operating funds ($500 K max) State Supported/Assisted College/University or Non-profit Collaborators Cost Share Award Amount Eligibility
  12. 12. FY 2008 Programs <ul><li>Ohio Research Scholars Program </li></ul><ul><ul><li>New </li></ul></ul><ul><ul><li>Total Amount Available - $122 to $150 million </li></ul></ul>Research and Commercialization Collaborations Schedule May Feb-May February October Award Date Review Period RFP Close RFP Open At least 1 Ohio Public College/University 1:1 $2.5 - 50 million Ohio College/University Collaborators Cost Share Award Amount Eligibility
  13. 13. FY 2008 Programs <ul><li>Early-stage capital </li></ul><ul><ul><li>Continue </li></ul></ul><ul><ul><li>Total Amount Available - $7 million </li></ul></ul>Entrepreneurial Support Schedule *** Specific Program type TBD *** TBD TBD TBD TBD Award Date Review Period RFP Close RFP Open
  14. 14. FY 2008 Program Recommendations <ul><ul><ul><li>Product Development Assistance </li></ul></ul></ul><ul><ul><ul><ul><li>Continue </li></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Ohio Research Commercialization Grant Program </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Third Frontier Fuel Cell Program </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><li>New </li></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Advanced Energy Program </li></ul></ul></ul></ul></ul>
  15. 15. FY 2008 Programs <ul><li>Ohio Research Commercialization Grant Program </li></ul><ul><ul><li>Continue </li></ul></ul><ul><ul><li>Total Amount Available - $2 million </li></ul></ul>Product Development Assistance Schedule March Jan-Feb January November Award Date Review Period RFP Close RFP Open None None Up to $350,000 For profit company receiving SBIR II, STTR II or ATP award Collaborators Cost Share Award Amount Eligibility
  16. 16. FY 2008 Programs <ul><li>Third Frontier Fuel Cell Program </li></ul><ul><ul><li>Continue </li></ul></ul><ul><ul><li>Total Amount Available - $12 million </li></ul></ul>Product Development Assistance Schedule March Jan-Mar December October Award Date Review Period RFP Close RFP Open At least one Ohio-based organization 1:2 $250,000 to $1 million Ohio-based organization Collaborators Cost Share Award Amount Eligibility
  17. 17. FY 2008 Programs <ul><li>Advanced Energy Program </li></ul><ul><ul><li>New </li></ul></ul><ul><ul><li>Total Amount Available - $ 21 million </li></ul></ul>Product Development Assistance Schedule March Jan-Mar December October Award Date Review Period RFP Close RFP Open At least one Ohio-based organization 1:2 $250,000 to $1 million Ohio-based organization Collaborators Cost Share Award Amount Eligibility
  18. 18. FY 2008 Programs <ul><ul><ul><li>Company Attraction </li></ul></ul></ul><ul><ul><ul><ul><li>Continue </li></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Targeted Industry Attraction Grants </li></ul></ul></ul></ul></ul>
  19. 19. FY 2008 Programs <ul><li>Targeted Industry Attraction Grant Program </li></ul><ul><ul><li>Continue </li></ul></ul><ul><ul><li>Total Amount Available - $8 million </li></ul></ul>Company Attraction Schedule *** Potential opportunities developed in consultation with ODOD *** TBD TBD N/A Rolling Award Date Review Period RFP Close RFP Open N/A N/A Up to $1 million New to Ohio for profit company activity Biosciences, Fuel Cells, Advanced Polymers Collaborators Cost Share Award Amount Eligibility
  20. 20. FY 2008 Programs <ul><li>Third Frontier Internship Program </li></ul><ul><ul><li>Modified </li></ul></ul><ul><ul><li>Total Amount Available - $3 million </li></ul></ul>Up to $3,000 per internship; STEM students up to doctoral level Brokered through regional affiliate organizations https://ohio3fip.com/ Other
  21. 21. FY 2008 Programs <ul><li>Commercialization Framework </li></ul>Research Scholars New R&D Center CS Wright Projects RCPs Early-stage Capital ORCGP Fuel Cell/ Adv Energy TIA Valley of Death
  22. 22. Third Frontier Project: General Process <ul><li>RFP materials released on web site: www.thirdfrontier.com </li></ul><ul><li>Letters of Intent required </li></ul><ul><li>Bidders conference held </li></ul><ul><li>Email submission of questions, online FAQ response </li></ul><ul><li>Independent External Evaluators </li></ul><ul><li>Third Frontier Commission approval </li></ul><ul><li>State Controlling Board final approval </li></ul>
  23. 23. <ul><li>Q&A </li></ul>
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