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
FY 2010 Funding Opportunities
• 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
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
FY 2010 Funding Opportunities Research Commercialization Programs
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
FY 2010 Funding Opportunities Research Commercialization Programs
R & D Center Attraction• Total Funds Available- $25 million (capital funds only)
RFP Open RFP Close Review Period Award Date
July Continuous Continuous Quarterly
Schedule
Eligibility Award Amount Cost Share
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
RFP Open RFP Close Review Period Award Date
October December January-March March
Schedule
Eligibility Award Amount Cost Share
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
FY 2010 Funding Opportunities
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
FY 2010 Funding Opportunities Cluster Development Programs
Fuel Cell Program• Total Funds Available- $10 million ($2 million capital)
RFP Open RFP Close Review Period Award Date
July October Oct - Dec December
Schedule
Eligibility Award Amount Cost Share
Collaborators
Ohio-based organization
Up to $1 million 1:1 At least one Ohio-based organization
FY 2010 Funding Opportunities Cluster Development Programs
RFP Open RFP Close Review Period Award Date
July October Oct - Dec December
Photovoltaics Program• Total Funds Available- $10 million ($2 million capital)
Schedule
Eligibility Award Amount Cost Share
Collaborators
Ohio-based organization
Up to $1 million 1:1 At least one Ohio-based organization
FY 2010 Funding Opportunities Cluster Development Programs
Advanced Energy Program• Total Funds Available- $7 million ($2 million capital)
• Focus open with preference for wind, biomass and energy storage
RFP Open RFP Close Review Period Award Date
July October Oct - Dec December
Schedule
Eligibility Award Amount Cost Share
Collaborators
Ohio-based organization
Up to $1 million 1:1 At least one Ohio-based organization
FY 2010 Funding Opportunities Cluster Development Programs
Medical Imaging Program• Total Funds Available- $10 million ($2 million capital)
RFP Open RFP Close Review Period Award Date
December March March-May May
Schedule
Eligibility Award Amount Cost Share
Collaborators
Ohio-based organization
Up to $1 million 1:1 At least one Ohio-based organization
FY 2010 Funding Opportunities Cluster Development Programs
Biomedical Program • Total Funds Available- $7 million ($2 million capital)
• Focus open with preference for cardiovascular, regenerative medicine and orthopedics
RFP Open RFP Close Review Period Award Date
December March March-May May
Schedule
Eligibility Award Amount Cost Share
Collaborators
Ohio-based organization
Up to $1 million 1:1 At least one Ohio-based organization
FY 2010 Funding Opportunities Cluster Development Programs
Advanced Materials • Total Funds Available- $10 million ($2 million capital)
• Focus open with preference for Polymer & Carbon Nano-materials, Liquid Crystals, Bio-based Materials
RFP Open RFP Close Review Period Award Date
October December Dec - March March
Schedule
Eligibility Award Amount Cost Share
Collaborators
Ohio-based organization
Up to $1 million 1:1 At least one Ohio-based organization
FY 2010 Funding Opportunities Cluster Development Programs
Sensors• Total Funds Available- $10 million ($2 million capital)
• Focus open with preference for applications within Ohio’s key industry verticals
RFP Open RFP Close Review Period Award Date
October December Dec - March March
Schedule
Eligibility Award Amount Cost Share
Collaborators
Ohio-based organization
Up to $1 million 1:1 At least one Ohio-based organization
FY 2010 Funding Opportunities Cluster Development Programs
Targeted Industry Attraction (TIA) Grants• Total Funds Available- $3 million
RFP Open RFP Close Review Period Award Date
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
FY 2010 Funding Opportunities
Q & A