Ohio Innovates, Thanks to JobsOhio R&D Center Grants
December 13, 2017
Goal for grant is to create innovative products, services and jobs.
Innovation is a buzzword that is used a lot in the corporate world. But, what exactly is innovation? My preferred definition is, “creating value through the implementation of new ideas and technology.”
When our team here at JobsOhio determined that we wanted to serve as a catalyst for more corporate innovation, we introduced the JobsOhio Research & Development (R&D) Center Grant Program in June 2016. This proactive grant program provides qualified companies with an incentive to establish new R&D Centers in Ohio and position the state favorably to win production facilities after R&D products and services are commercialized.
The R&D Center Grant Program allows JobsOhio to make strategic investments in new R&D centers that support our targeted industries and the evolution of the Ohio economy. Examples of R&D centers include, among other areas of focus, additive manufacturing (3-D printing), advanced materials, aero propulsion, autonomous vehicles, biomedical, cybersecurity, data analytics, financial technology (fintech), energy storage/fuel cells, Internet of Things (IoT), sensors and unmanned aerial systems.