FY 2009 Ohio Third Frontier  Funding Opportunities
<ul><li>Third Frontier Vision   </li></ul><ul><li>In targeted areas of technology, Ohio has established regional and state...
Third Frontier Creates A Virtuous Cycle For Cluster Emergence and Growth <ul><li>Promotion of Economic Conditions </li></u...
Focus Areas <ul><li>Biomedical </li></ul><ul><li>Advanced/Alternative Energy  </li></ul><ul><li>Instruments-Controls-Elect...
<ul><li>Ohio Third Frontier Strategic Goals   </li></ul><ul><ul><li>Guided by a focus on Ohio research and industrial stre...
Ohio Third Frontier: Strategy Commercialization Framework Programmatic Focus
Performance Metrics $51,657 Cost Per Job $67,277 Average Salary 383 Companies Created, Attracted, Capitalized 5,641 Direct...
<ul><ul><li>To achieve the vision and strategic goals, the following program categories have been adopted:   </li></ul></u...
<ul><li>RFP materials released on web site:  www.thirdfrontier.com * </li></ul><ul><li>Letters of Intent required </li></u...
FY 2009 Independent Evaluators <ul><li>National Academies </li></ul><ul><ul><li>Engineering & Physical Sciences RCP </li><...
FY 2009 Programs
FY 2009 Programs <ul><li>Research and Commercialization Collaborations </li></ul><ul><ul><ul><ul><li>Continue </li></ul></...
FY 2009 Programs <ul><li>Engineering & Physical Sciences Research and Commercialization Program </li></ul><ul><li>- $23 mi...
FY 2009 Programs <ul><li>Biomedical Research and Commercialization Program: $23 million  </li></ul>Research and Commercial...
FY 2009 Programs <ul><li>Wright Projects: $21 million  </li></ul>Research and Commercialization Collaborations Schedule Pu...
FY 2009 Programs <ul><li>Entrepreneurial Support </li></ul><ul><ul><ul><ul><li>Continue </li></ul></ul></ul></ul><ul><ul><...
FY 2009 Programs <ul><li>ESP Success Fund/ Pre-seed Fund Initiative: $8 million </li></ul>Entrepreneurial Support Schedule...
FY 2009 Programs <ul><ul><ul><li>Cluster Development </li></ul></ul></ul><ul><ul><ul><ul><li>Continue </li></ul></ul></ul>...
FY 2009 Programs <ul><li>Third Frontier Fuel Cell Program: $11 million </li></ul>Cluster Development Schedule Purpose:  Su...
FY 2009 Programs <ul><li>Third Frontier Advanced Energy Program: $13 million </li></ul>Cluster Development Schedule Purpos...
FY 2009 Programs <ul><li>Targeted Industry Attraction Grant Program: at least $3 million </li></ul>Cluster Development Sch...
FY 2009 Programs <ul><ul><ul><li>Product Innovation and Technology Insertion </li></ul></ul></ul><ul><ul><ul><ul><li>Conti...
FY 2009 Programs <ul><li>Ohio Research Commercialization Grant Program: $2 million </li></ul>Product Innovation & Technolo...
FY 2009 Programs <ul><ul><ul><li>Workforce </li></ul></ul></ul><ul><ul><ul><ul><li>Continue </li></ul></ul></ul></ul><ul><...
FY 2009 Programs <ul><li>Third Frontier Internship Program:  at least $ 2 million  </li></ul>Up to $3,000 per internship; ...
<ul><li>Q&A </li></ul>
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  1. 1. FY 2009 Ohio Third Frontier Funding Opportunities
  2. 2. <ul><li>Third Frontier Vision </li></ul><ul><li>In targeted areas of technology, Ohio has established regional and statewide clusters of innovation that sustain our global competitive advantage in company and product formation, job creation and economic growth </li></ul>
  3. 3. Third Frontier Creates A Virtuous Cycle For Cluster Emergence and Growth <ul><li>Promotion of Economic Conditions </li></ul><ul><li>Knowledge Creation </li></ul><ul><li>Entrepreneurial Support </li></ul><ul><li>Capital Formation </li></ul><ul><li>Product Innovation & Tech Insertion </li></ul><ul><li>Company Attraction </li></ul><ul><li>Workforce </li></ul>Cluster Emergence/Growth (market determined) Cluster Development: identification of cluster-specific needs
  4. 4. Focus Areas <ul><li>Biomedical </li></ul><ul><li>Advanced/Alternative Energy </li></ul><ul><li>Instruments-Controls-Electronics </li></ul><ul><li>Advanced Materials </li></ul><ul><li>Advanced Propulsion </li></ul><ul><li>Information Technology is being recognized as a critical enabling technology important to all focus areas above </li></ul>
  5. 5. <ul><li>Ohio Third Frontier Strategic Goals </li></ul><ul><ul><li>Guided by a focus on Ohio research and industrial strengths: </li></ul></ul><ul><ul><ul><li>I ncrease the quantity of high quality research that has commercial relevance for Ohio. </li></ul></ul></ul><ul><ul><ul><li>E xpand the availability of investment capital needed to form and grow new companies. </li></ul></ul></ul><ul><ul><ul><li>G row 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>E xpand the availability of capital and assistance to support product innovation in established companies. </li></ul></ul></ul><ul><ul><ul><li>A ttract new-to-Ohio company activity that grows and strengthens the function of specific clusters of innovation. </li></ul></ul></ul><ul><ul><ul><li>C ontribute to the expansion of a technically competent workforce that can support innovation and company growth in specific clusters of innovation. </li></ul></ul></ul>
  6. 6. Ohio Third Frontier: Strategy Commercialization Framework Programmatic Focus
  7. 7. Performance Metrics $51,657 Cost Per Job $67,277 Average Salary 383 Companies Created, Attracted, Capitalized 5,641 Direct Jobs Created and Retained 8.3 Leverage Ratio $2,406,888,869 Leveraged Dollars $759,436,761 Cost Share Reported $291,397,713 State Funds Expended $637,944,547 State Funds Awarded As of 12/31/07 Performance Criteria
  8. 8. <ul><ul><li>To achieve the vision and strategic goals, 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>Cluster Development </li></ul></ul></ul><ul><ul><ul><li>Product Innovation and Technology Insertion </li></ul></ul></ul><ul><ul><ul><li>Work Force </li></ul></ul></ul>Ohio Third Frontier: Programming
  9. 9. <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><ul><li>* An example of a successful proposal will be posted for each program </li></ul><ul><li>** Proposal writing workshops may be planned in conjunction with selected bidders conferences </li></ul>Ohio Third Frontier: Programming General Process:
  10. 10. FY 2009 Independent Evaluators <ul><li>National Academies </li></ul><ul><ul><li>Engineering & Physical Sciences RCP </li></ul></ul><ul><ul><li>Biomedical RCP </li></ul></ul><ul><li>Taratec Corporation </li></ul><ul><ul><li>Wright Projects </li></ul></ul><ul><ul><li>Third Frontier Advanced Energy Program </li></ul></ul><ul><ul><li>Third Frontier Fuel Cell Program </li></ul></ul><ul><ul><li>Ohio Research Commercialization Grant Program </li></ul></ul><ul><li>BizlogX </li></ul><ul><ul><li>ESP Success Fund/Pre-seed Fund Initiative </li></ul></ul>
  11. 11. FY 2009 Programs
  12. 12. FY 2009 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>Engineering & Physical Sciences 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><ul><li>Wright Projects </li></ul></ul></ul></ul></ul>
  13. 13. FY 2009 Programs <ul><li>Engineering & Physical Sciences Research and Commercialization Program </li></ul><ul><li>- $23 million </li></ul>Research and Commercialization Collaborations Schedule Program Purpose: advance scientifically unique applied research projects that can sustain the development of new innovative products RFP Open RFP Close Review Period Award Date September December Dec-Mar April 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
  14. 14. FY 2009 Programs <ul><li>Biomedical Research and Commercialization Program: $23 million </li></ul>Research and Commercialization Collaborations Schedule Program Purpose: advance scientifically unique applied research projects that can sustain the development of new innovative products RFP Open RFP Close Review Period Award Date September December Dec-Mar April 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
  15. 15. FY 2009 Programs <ul><li>Wright Projects: $21 million </li></ul>Research and Commercialization Collaborations Schedule Purpose: Support near term commercialization projects requiring major capital acquisitions and improvements at Ohio higher education institutions and non-profit research organizations; secondary benefit that capital acquisitions support technical workforce training RFP Open RFP Close Review Period Award Date Oct Jan Feb-Apr May 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
  16. 16. FY 2009 Programs <ul><li>Entrepreneurial Support </li></ul><ul><ul><ul><ul><li>Continue </li></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>ESP Success Fund/ Pre-seed Fund Initiative </li></ul></ul></ul></ul></ul>
  17. 17. FY 2009 Programs <ul><li>ESP Success Fund/ Pre-seed Fund Initiative: $8 million </li></ul>Entrepreneurial Support Schedule Purpose: Support new pre-seed fund formation and provide continued funding for high performing funds or service activities associated with the Entrepreneurial Signature Program RFP Open RFP Close Review Period Award Date Oct Jan Feb-Apr May None 1:1 Up to $2 million per project Existing ESP organization For profit or non-profit fund manager Collaborators Cost Share Award Amount Eligibility
  18. 18. FY 2009 Programs <ul><ul><ul><li>Cluster Development </li></ul></ul></ul><ul><ul><ul><ul><li>Continue </li></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><ul><li>Third Frontier Advanced Energy Program </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Targeted Industry Attraction </li></ul></ul></ul></ul></ul>
  19. 19. FY 2009 Programs <ul><li>Third Frontier Fuel Cell Program: $11 million </li></ul>Cluster Development Schedule Purpose: Support research and development that addresses technical and cost barriers to commercialization and adapting fuel cell components produced in Ohio for use in fuel cell systems RFP Open RFP Close Review Period Award Date July Sept Sept-Dec Dec At least one Ohio-based organization 1:2 $250,000 to $1 million Ohio-based organization Collaborators Cost Share Award Amount Eligibility
  20. 20. FY 2009 Programs <ul><li>Third Frontier Advanced Energy Program: $13 million </li></ul>Cluster Development Schedule Purpose: Support research and development that addresses technical and cost barriers to commercialization and adapting Advanced Energy components produced in Ohio for use in AE systems RFP Open RFP Close Review Period Award Date July Sept Sept-Dec Dec At least one Ohio-based organization 1:2 $250,000 to $1 million Ohio-based organization Collaborators Cost Share Award Amount Eligibility
  21. 21. FY 2009 Programs <ul><li>Targeted Industry Attraction Grant Program: at least $3 million </li></ul>Cluster Development Schedule *** Potential opportunities developed in consultation with ODOD *** RFP Open RFP Close Review Period Award Date Rolling N/A TBD TBD N/A N/A Up to $1 million New to Ohio for profit company activity related to OTF focus areas Collaborators Cost Share Award Amount Eligibility
  22. 22. FY 2009 Programs <ul><ul><ul><li>Product Innovation and Technology Insertion </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>
  23. 23. FY 2009 Programs <ul><li>Ohio Research Commercialization Grant Program: $2 million </li></ul>Product Innovation & Technology Insertion Schedule Purpose: Support activities of small companies that increase the commercial viability of R&D funded by selected federal programs RFP Open RFP Close Review Period Award Date Oct Dec Dec-Feb April None None Up to $350,000 For profit company receiving SBIR II, STTR II or ATP award Collaborators Cost Share Award Amount Eligibility
  24. 24. FY 2009 Programs <ul><ul><ul><li>Workforce </li></ul></ul></ul><ul><ul><ul><ul><li>Continue </li></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Third Frontier Internship Program </li></ul></ul></ul></ul></ul>
  25. 25. FY 2009 Programs <ul><li>Third Frontier Internship Program: at least $ 2 million </li></ul>Up to $3,000 per internship; STEM students up to doctoral level Brokered through regional affiliate organizations www.thirdfrontierintern.ohio.gov
  26. 26. <ul><li>Q&A </li></ul>
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