The Ohio Third Frontier Commission today approved $3.3 million to support the research and commercialization of transformational early-stage technologies developed by startup companies and supported by research institutes across the state.
There are seven organizations receiving grant funding to support further validation of early-stage technologies through the Technology Validation and Start-up Fund (TVSF), which provides grants to research institutions for validation of their unlicensed technologies and Ohio companies, aiming to license institution-owned technologies to accelerate commercialization through activities such as market research and further prototyping. This helps companies raise funds and get licensed technology to the marketplace faster.
Source: State Awards $3.3 Million to Support Commercialization of Early Stage Technologies | Development
