Crain’s Cleveland Business
Gov. Ted Strickland and leaders of both houses of the Legislature have agreed to put a renewal, and perhaps an expansion, of bond financing for the state’s Third Frontier technology advancement program on the May 4, 2010, ballot. Passage of a bond issue would ensure the continuation of state financial support beyond 2012 for the group of programs under the Third Frontier umbrella. Those programs fund efforts by Ohio-based businesses and research institutions to commercialize high-tech products and processes, to attract research talent and venture capital, and to create jobs.