From the Dispatch...
State Issue 1: Extend Third Frontier program
By Mark Niquette
Five years after Ohioans approved a bond issue designed to help attract high-tech jobs, voters are being asked to renew funding for the program.





From the Dispatch...
State Issue 1: Extend Third Frontier program
By Mark Niquette
Five years after Ohioans approved a bond issue designed to help attract high-tech jobs, voters are being asked to renew funding for the program.
From the Dispatch...
Dispatch endorsement: For State Issue 1
Third Frontier program deserves continued push for good of Ohio
Ohio voters should seize the opportunity to keep the state's successful Third Frontier program humming, expanding high-tech industries and creating jobs, by voting yes on State Issue 1.
Issue 1, a proposed amendment to the Ohio Constitution, would authorize the state to issue $700 million in general-obligation bonds over three or more years for research-and-development projects.
All for this program. it's a lot of money from bonds, but the return on investment is well worth it for the state.
You would think I would be for this issue, but I have issues with how the program is administered (Ohio Department of Development), in addition to how we are measuring the return on investment.
yeah, DOD doesnt have the greatest track record...
I'm for it; it does good things for clean energy too.
Mercurius, is there anywhere online where I can see some of those details?
http://www.ustream.tv/recorded/6542314
The first person speaking is talking about the return of the investment Ohio is seeing currently from the Frontier Program. For every dollar Ohio is spending to get these ideas going, private firms have been matching by close to 9 to 1. He also stated that since the program’s inception around 49000 jobs have been created by the process. ( I cannot for the life of me remember his name or who he was representing)
After attending this meeting tonight I think this a great program to help retain Ohio talent and attract out of state interests to Ohio. If Columbus or Ohio in general can gradually be known as the place to go for innovative people to have easier access to funds enabling them to get their ideas going, then I am all for that reputation. Most of all, it’s a program that’s working and not losing money for Ohio, they even mentioned tonight about being called from other surrounding states legislatures about implementing similar programs. Hopefully Ohio decides to keep funding for this to maintain the advantage to whoever else tries to copy the program.
It was a good informational session run by Rep. Ted Celeste in his “District Dialogue†series; if you have the time to watch it really should answer most of your questions about Issue 1.
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