Partnership Brings $15 Million to State’s Innovation Economy

Written by Innovate New Albany@InnovateNA12 years ago

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A partnership between hospitals, universities, research institutions and state government has resulted in a $15.4 million investment in the continued growth of the region’s innovation economy. The Ohio Third Frontier Commission has recommended $7.7 million to fully fund the Central Ohio Entrepreneurial Signature Program for 2013 and 2014. Central Ohio partners, including Battelle, Nationwide Children’s Hospital, OhioHealth, The Ohio State University and others, will match the award.

The investment will support the Innovation Gateway, a program dedicated to launching high-growth startups based on Ohio State research and technology platforms. The $2.6 million program will formally link Ohio State’s Technology Commercialization Office and TechColumbus’ business development and entrepreneurial expertise.

Innovate New Albany, the city’s incubator for technology startups, entrepreneurs and small businesses, features 16,000 square feet of space within the New Albany Business Park’s Signature Office Building, 8000 Walton Parkway.