The most recent annual report of Ohio's Third Frontier initiative announced $3.52 billion in non-state resources has been provided for affiliated projects and companies - a nine to one ratio of state dollars leveraged. Since the Third Frontier's creation in 2002, $893 million in state funds have been awarded, with $403 million of that amount expended to date.

SSTI is hosting an informal phone call on Wednesday, May 13 at 2:00 PM EDT to answer your questions about the 2009 Excellence in TBED Awards.

Who should join the call? 

Anyone considering submitting an application for the 2009 awards cycle or anyone who wants to learn more about the program will find the call useful.

The role of a technology incubator or accelerator for supporting nascent firms generally is regarded with the utmost importance by the tech-based economic development community. Tech incubators provide essential resources for startup companies to develop and commercialize new technologies, leading to the creation of high-quality jobs.

Make 2009 your organization's year to be recognized as a national leader in the TBED community!

In honor of Earth Day, SSTI has prepared a special edition of the SSTI Weekly Digest focused almost exclusively on green issues, ranging from a round-up of recent developments to encourage the creation and growth of alternative energy companies to a profile of Toledo's solar success story. Enjoy the news, and pass this issue along to others you think would be interested-but do it electronically, please.

Green stimulus investments have the potential to yield a greater number of jobs and greater long-term prosperity than traditional stimulus investments, according to a new study presented at the recent G20 summit. The report examines the stimulus packages passed in the G20 countries, particularly their relative emphasis on spending related to sustainability.

Last week, the Board of Trustees at the University of Toledo approved the creation of a School of Solar and Advanced Renewable Energy. The School will integrate faculty from multiple science, engineering, and business disciplines to offer its own degrees and perform collaborative research, often with industrial partners associated with the region's established solar energy and photovoltaics cluster.

The Ohio Department of Development invites bids for two Requests for Proposals (RFP) to provide evaluation services and other forms of technical assistance for the state's fiscal years 2010 and 2011.  Proposals for either opportunity are due by May 29. Specifically, Development is seeking contractors for the following:

Complete descriptions of these opportunities and others are available at: http://www.ssti.org/posting.htm.

Capturing national attention for initiating successful programs to sustain the nation’s position as a global leader for innovation and competitiveness, six organizations were named recipients of SSTI’s 2009 Excellence in TBED Award. The third annual awards follow a nationwide competition recognizing outstanding achievements in tech-based economic development (TBED) emphasizing impact, strategic value and replicability.

The Ohio Business Roundtable's independent assessment of the outcomes and impacts from the first $473 million invested from Ohio's Third Frontier (OTF) Program since its creation in 2003 shows the program providing an annualized return of 22 percent - and climbing. Presented to the Ohio Department of Development Dec. 8, the report reveals product sales of OTF-funded projects already equal $440 million alone, nearly matching the state's investment. An additional $3.2 billion of follow-on funding has been secured for OTF projects as well.

The third installment of SSTI’s Tech Talkin’ Govs’ series includes excerpts from speeches delivered in Delaware, Maine, Missouri, New Hampshire, Ohio, Rhode Island, South Dakota, Utah and Wisconsin. The first and second installments are available in the Jan 13 Digest and Jan. 20 Digest, respectively.

The National Institute of Standards and Technology is seeking qualified applicants for the director of the Technology Innovation Program (TIP). The director will serve as the executive responsible for managing and leading this critical program for NIST. The TIP was established as part of the America COMPETES Act (P.L.

Recognizing Ohio's metropolitan regions as key to the state's future prosperity, a new report outlines 39 policy recommendations aimed at growing Ohio's economy and transforming old strengths, such as manufacturing, into new products and opportunities aligned with federal goals. The report foresees Ohio as an export-oriented, lower carbon, innovation-led economy capable of building on assets of its metropolitan regions such as innovation, human capital, infrastructure, and quality places.

Karina Edmonds will join the Department of Energy as its new technology transfer coordinator starting in April. This is the first time that the Department has appointed a full-time person to fill this role.

Cathy McGonigle has been named executive vice president of the Flinn Foundation. Previously, she held management positions for the city of Chandler, Arizona Department of Revenue and Arizona Department of Administration.

Each year, SSTI recognizes initiatives that greatly impact state and regional economies through a national competition showcasing effective and innovative approaches to building tech-based economies.

The Excellence in TBED Awards are presented to organizations demonstrating successful local, state and regional efforts across six categories:

SSTI has an effective new learning tool for TBED policymakers and practitioners seeking guidance in approaches to building and sustaining tech-based economies. Through exclusive interviews with Excellence in TBED Award recipients, find out first-hand how these award winning initiatives successfully responded to a critical need by applying innovative approaches to generate substantial economic gains for their region.

The TechColumbus TechStart Program supports and develops viable entrepreneurial companies from their earliest phase through their launch as significant economic contributors. SSTI's exclusive interview with Will Indest of TechColumbus digs deeper into the mechanics of the program to find out how the organization's impressive pipeline for entrepreneurs has led to the creation of high-wage jobs throughout the region. Download the interview ...

On Tuesday, voters approved a four-year, $700 million bond to extend funding for the Ohio Third Frontier initiative through 2016. Established in 2002, the initiative offers programs for emerging and established high-tech companies, including grants for pre-seed funding, research initiatives, product development and commercialization.  Read more about the program ...