Ohio Third Frontier

Small Business and Entrepreneurship

Ohio Third Frontier is an internationally recognized, technology-based economic development initiative that is successfully changing the trajectory of Ohio’s economy.

The Ohio Third Frontier is the state's flagship initiative for investing in technology-based economic development, aiming to create new products, companies, and jobs in high-growth sectors. It is an internationally recognized, state-funded initiative dedicated to transforming Ohio into a global leader in technology and innovation. It is the state's foundational resource for technology entrepreneurs, researchers, and high-growth companies. The OTF invests in a powerful ecosystem by focusing on several key areas. First, it provides Capital and Commercialization support by offering grants and capital through programs like the Technology Validation and Start-up Fund (TVSF) to help research institutions and startups commercialize advanced technologies such as advanced manufacturing, biomedical, and software. Second, it provides Entrepreneurial Support by funding a statewide network of Entrepreneurial Services Providers (ESPs) who offer mentorship, expertise, and assistance to early-stage, technology-based companies. Finally, it supports Talent Development through programs like the Third Frontier Internship Program, which connects students with innovative high-tech companies to build the next generation of Ohio's skilled workforce. If your business involves technology development, R&D, or high-growth intellectual property, the Third Frontier is a critical source of support, funding, and talent connection.

Link: https://development.ohio.gov/business/third-frontier-and-technology

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