Ohio Third Frontier approves $15.8 million for 11 Northeast Ohio tech companies

Story excerpt provided by The Plain Dealer.

Written by Janet H. Cho.

The Ohio Third Frontier Commission on Wednesday approved more than $15.8 million in grants and loans for cutting-edge technology companies and startups based in Northeast Ohio.

“The investment in technology is an investment in Ohio’s future, bringing new ideas a jobs to the state,” said David Goodman, director of the Ohio Development Services Agency and chair of the Ohio Third Frontier Commission, in a written announcement.

Recipients of the 2014 Ohio Third Frontier Commercial Loan Acceleration Fund (CALF), aimed at helping Ohio companies develop high-tech products and processes that might otherwise not get funded, are:

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Originally Published Thursday, February 13, 2014.