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OU Business Development Program Gets $200K
< < Back toA business development project housed at Ohio University is getting a $200,000 boost in state funding.
The Entrepreneurial Signatures Program, which operates under Tech Growth Ohio, received the money as part of the Ohio Third Frontier Project.
The project's overall goal is to create economic growth through start-up companies that commercialize technologies developed at Ohio's colleges.
"The continuation of the ESP program, through funding as part of Ohio’s Third Frontier will help further the goals of small business growth and entrepreneurship, which are vital to the growth and sustained success of Ohio’s economy," said State Representative Debbie Phillips (D-Athens). "Ohio University has been leading the way in job creation through technology transfer of research applications, and with the approval of these funds, the University and its local business partners can continue the important work of creating technology based economic development for our local community and the state of Ohio.”
The funding will enable the program to continue through six more months of operation.
OU is one of six regional ESP organizations.