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ChagnonTalk.TFPOpportunities091007.PPT

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  • 1. Third Frontier Project FY 2008 Funding Opportunities
  • 2.
    • Vision
      • 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.
  • 3.
    • Strategies
      • Guided by a focus on Ohio research and industrial strengths:
        • Increase the quantity of high quality research that has commercial relevance for Ohio.
        • Expand the availability of investment capital needed to form and grow new companies.
        • Grow and nurture an increasingly experienced pool of entrepreneurial management talent supported by organized systems of services and networking.
        • Expand the availability of capital and assistance to support product innovation in established companies.
        • Attract new-to-Ohio company activity that grows and strengthens the function of specific clusters of excellence.
  • 4. Focus Areas
    • Based on a 2002 study by Battelle, the Third Frontier Project adopted
    • five technology focus areas:
    • Advanced Materials
    • Biosciences
    • Information Technology
    • Instruments, Controls, Electronics
    • Power and Propulsion
  • 5. Screening Criteria
    • Impact on Ohio
    • State/Regional Priorities
    • Potential for Leverage
    • Potential for Products
    • Sustainable competitive
    • advantage (Fly wheels)
    • Size of opportunity
    • Vision for success
    • Roadmaps for success
    • Supporting workforce
    • Importance to key existing
    • and emerging OH industry
    • drivers
    • Anchor Companies
    • Research Capacity
    • Receptive Capital Markets
    +
      • Regional Focus Group Input
      • Barriers to entry by others
      • Global trends
      • Leadership assets
      • Timeliness of the opportunity
      • Stage of market development
      • Customer readiness for
      • product ideas
    +
    • Past Performance
    • Evidence of proposal
    • building on previous TFP
    • investments
  • 6.
      • To achieve the vision and strategies, the following program categories have been adopted:
        • Research and Commercialization Collaborations
        • Entrepreneurial Support
        • Product Development Assistance
        • Company Attraction
  • 7. FY 2008 Programs
    • Research and Commercialization Collaborations
          • Continue
            • New Research & Development Center Cost Share
            • Engineering & Physical Science RCP
            • Biomedical RCP
          • Restart
            • Wright Projects
          • New
            • Ohio Research Scholars Program
  • 8. FY 2008 Programs
    • New Research & Development Center Cost Share Program
      • Continue
      • Total Amount Available - $9 million
    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. FY 2008 Programs
    • Engineering & Physical Science RCP
      • Continue
      • Total Amount Available - $26 million
    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. FY 2008 Programs
    • Biomedical RCP
      • Continue
      • Total Amount Available - $26 million
    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. FY 2008 Programs
    • Wright Projects
      • Restart
      • Total Amount Available - $21 million
    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. FY 2008 Programs
    • Ohio Research Scholars Program
      • New
      • Total Amount Available - $122 to $150 million
    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. FY 2008 Programs
    • Early-stage capital
      • Continue
      • Total Amount Available - $7 million
    Entrepreneurial Support Schedule *** Specific Program type TBD *** TBD TBD TBD TBD Award Date Review Period RFP Close RFP Open
  • 14. FY 2008 Program Recommendations
        • Product Development Assistance
          • Continue
            • Ohio Research Commercialization Grant Program
            • Third Frontier Fuel Cell Program
          • New
            • Advanced Energy Program
  • 15. FY 2008 Programs
    • Ohio Research Commercialization Grant Program
      • Continue
      • Total Amount Available - $2 million
    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. FY 2008 Programs
    • Third Frontier Fuel Cell Program
      • Continue
      • Total Amount Available - $12 million
    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. FY 2008 Programs
    • Advanced Energy Program
      • New
      • Total Amount Available - $ 21 million
    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. FY 2008 Programs
        • Company Attraction
          • Continue
            • Targeted Industry Attraction Grants
  • 19. FY 2008 Programs
    • Targeted Industry Attraction Grant Program
      • Continue
      • Total Amount Available - $8 million
    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. FY 2008 Programs
    • Third Frontier Internship Program
      • Modified
      • Total Amount Available - $3 million
    Up to $3,000 per internship; STEM students up to doctoral level Brokered through regional affiliate organizations https://ohio3fip.com/ Other
  • 21. FY 2008 Programs
    • Commercialization Framework
    Research Scholars New R&D Center CS Wright Projects RCPs Early-stage Capital ORCGP Fuel Cell/ Adv Energy TIA Valley of Death
  • 22. Third Frontier Project: General Process
    • RFP materials released on web site: www.thirdfrontier.com
    • Letters of Intent required
    • Bidders conference held
    • Email submission of questions, online FAQ response
    • Independent External Evaluators
    • Third Frontier Commission approval
    • State Controlling Board final approval
  • 23.
    • Q&A