Ohio Third Frontier Commission
Overview
The Ohio Third Frontier Commission is a state agency dedicated to promoting economic growth in Ohio by investing in technology-based companies. Its mission is to enhance the state's high technology research and development capabilities and to support product and process innovation and commercialization. The commission coordinates and administers science and technology programs aimed at maximizing economic growth through these initiatives. The commission's investment strategy focuses on various stages of company development, including seed, early stage, growth, and late stage. It primarily invests in sectors such as technology, healthcare, manufacturing, biotechnology, advanced materials, aerospace, energy, agriculture, defense, information technology, environmental services, robotics, nanotechnology, advanced manufacturing, and medical devices. By targeting these industries, the commission aims to foster innovation and support the growth of high-tech enterprises within Ohio. Through its investments, the Ohio Third Frontier Commission seeks to create an innovation ecosystem that facilitates the transition of ideas from the laboratory to the marketplace. This approach is intended to stimulate job creation, attract investment, and position Ohio as a leader in technology-driven economic development. The commission's efforts are guided by strategic goals that include increasing the quantity of high-quality research with commercial relevance and expanding access to investment capital for technology-based enterprises.
Investment Focus
- Technology-based companies
- Located in Ohio
- Focus on innovation and commercialization
Portfolio Companies
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Frequently asked questions about Ohio Third Frontier Commission
What sectors does Ohio Third Frontier Commission invest in?
Ohio Third Frontier Commission invests in Technology, Healthcare, Energy, Agriculture, Aerospace and Medical Devices, and is based in Ohio, United States. Ohio Third Frontier Commission is listed as a institutional investor in the ConnectSafely investor database.
What stage does Ohio Third Frontier Commission invest at?
Ohio Third Frontier Commission backs companies at Seed, Early Stage, Growth and Late Stage, writing cheques of 100K - 5M.
Which regions does Ohio Third Frontier Commission invest in?
Ohio Third Frontier Commission invests across United States.
What companies has Ohio Third Frontier Commission invested in?
Ohio Third Frontier Commission's portfolio includes Cincinnati Children's Hospital Medical Center, Cleveland Clinic, Battelle Memorial Institute, Elyria Foundry Company and Elyria Manufacturing Company.
Last updated · Source: ConnectSafely investor database