FY 2010 Ohio Third Frontier Funding Opportunities.

FY 2010 Ohio Third Frontier

Funding Opportunities

FY 2010 Funding Opportunities Background

• Ohio Third Frontier impacted by State budget conditions• FY2010 Program Plan focus is on maintaining

consistency and significance of program– Seek shorter term impacts given economic conditions– Take advantage of lessons learned from previous investments– Recognize emerging technology clusters– Build longer “runways” for technology start-up companies

FY 2010 Funding Opportunities

Overall Funds Available

$133,500,000


• RFP materials released on web site: www.thirdfrontier.com• Letters of Intent required• Bidders conference held• Email submission of questions, online FAQ response• Independent external evaluators • Third Frontier Commission approval • State Controlling Board final approval

General Process*

* All information and guidance required to submit a successful proposal can be obtained directly from the Ohio Department of Development

http://www.thirdfrontier.com/

FY 2010 Technology/Industry Focus Areas

• Advanced/Alternative Energy

• Biomedical

• Advanced Materials

• Instruments-Controls-Electronics

• Advanced Propulsion

FY 2010 Funding OpportunitiesResearch & Commercialization Programs

• Wright Projects• R & D Center Attraction (New)

FY 2010 Funding OpportunitiesResearch Commercialization Programs

Wright Projects • Total Funds Available- $21 million ($18 million capital)

RFP Open RFP Close Review Period Award Date

September December January-April May

Schedule

Eligibility Award Amount Cost Share

Collaborators

State Supported University or

Non-profit

$1- 3 million

Up to 25% project award in operating funds ($500 K max)

1:1 At least 1 Ohio-based

for profit

FY 2010 Funding Opportunities Research Commercialization Programs

R & D Center AttractionNon-profit R&D Center Award

• State supported university, or other non-profit research organization having a joint use agreement with a state supported university, seeking a competitive R&D center award with a minimum value to Ohio of $5 million

• Award must come with a research “center” designation by the funder• Center must be in one of the targeted OTF technology focus areas• Center must have applied research as a part of its mission• The source of the center award may be public or private• OTF funding must influence the competitive process of the sponsor• Center must be new to Ohio, not a renewal or recompetition of an existing Center


R & D Center AttractionIndustry R&D Center

• Private company looking to locate new-to-Ohio R&D center activity in partnership with a state supported university, or other non-profit research organization having a joint use agreement with a state supported university

• Center must represent a significant company investment to capitalize and operate the facility

• Center must be in one of the targeted OTF technology focus areas

• Company must demonstrate that OTF funds would be influential in its location decision

• An R&D Center Attraction grant may be packaged with other business incentives


R & D Center Attraction• Total Funds Available- $25 million (capital funds only)


July Continuous Continuous Quarterly

Schedule


Collaborators

State Supported University or

Non-profit

Typical - 15% of award or investment up to

$5 million

N/A Center Sponsor

FY 2010 Funding Opportunities Entrepreneurial Programs

• ESP Success / Pre-Seed Follow-on Funds (Modified)

FY 2010 Funding Opportunities Entrepreneurial Programs

ESP Success/Pre-seed Follow-on Funds• Total Funds Available- $11 million


October December January-March March

Schedule


Collaborators

ESP organizations and pre-seed funds that have received

OTF funds previously

Up to $2 million 1:1 N/A

FY 2010 Funding Opportunities Cluster Development Programs

• Fuel Cell Program• Photovoltaic Program (New)• Advanced Energy Program

• Medical Imaging Program (New)• Biomedical Program (New)

• Advanced Materials Program (New)

• Sensors Program (New)

• Targeted Industry Attraction Grants


Cluster-specific Programs:• Focused investment in areas of identified strength

• Promote the growth of the supply chain in defined cluster

• Funds for projects to overcome technical hurdles and reduce cost of components and systems for near to market opportunities

• 1:1 cost share

• While a typical award will be up to $1 million (non-capital), consideration of larger awards will be given for exceptional opportunities

• Projects that have a need for facilities and equipment located at a state supported university or non-profit having a joint use agreement with a state supported university may request capital funds for that purpose above the $1 million (non-capital)

• Out-of state companies committing to establish a principal place of business in Ohio may apply


Fuel Cell Program• Total Funds Available- $10 million ($2 million capital)


July October Oct - Dec December

Schedule


Collaborators

Ohio-based organization

Up to $1 million 1:1 At least one Ohio-based organization




Photovoltaics Program• Total Funds Available- $10 million ($2 million capital)

Schedule


Collaborators




Advanced Energy Program• Total Funds Available- $7 million ($2 million capital)

• Focus open with preference for wind, biomass and energy storage



Schedule


Collaborators




Medical Imaging Program• Total Funds Available- $10 million ($2 million capital)


December March March-May May

Schedule


Collaborators




Biomedical Program • Total Funds Available- $7 million ($2 million capital)

• Focus open with preference for cardiovascular, regenerative medicine and orthopedics


December March March-May May

Schedule


Collaborators




Advanced Materials • Total Funds Available- $10 million ($2 million capital)

• Focus open with preference for Polymer & Carbon Nano-materials, Liquid Crystals, Bio-based Materials


October December Dec - March March

Schedule


Collaborators




Sensors• Total Funds Available- $10 million ($2 million capital)

• Focus open with preference for applications within Ohio’s key industry verticals


October December Dec - March March

Schedule


Collaborators




Targeted Industry Attraction (TIA) Grants• Total Funds Available- $3 million


July Continuous Continuous Quarterly

Schedule

Funds allow Ohio Department of Development to pursue attraction opportunitiesin priority technology/industry clusters. TIA funds provided along with otherbusiness incentives

FY 2010 Funding Opportunities Human Capital Programs

• Third Frontier Internship

FY 2010 Funding Opportunities Human Capital Programs

Third Frontier Internship• Total Funds Available- $1.5 million

Up to $3,000 awarded directly to companies Support for STEM students at undergraduate and graduate level Application for businesses and students at www.thirdfrontierintern.ohio.gov


Q & A

FY 2010 Ohio Third Frontier Funding Opportunities.

Documents

Transcript of FY 2010 Ohio Third Frontier Funding Opportunities.