$5M state grant will allow OU-led venture-tech program to grow

TechGROWTH Ohio, Ohio University’s Ohio Third Frontier entrepreneurial services provider, has been awarded $5.05 million by the state of Ohio in a competitive funding process for venture development services, according to a news release.

The grant will be matched by OU and private organizations, allowing TechGROWTH to continue and expand services through 2022, the release said.

“Innovation is in Ohio’s DNA; it’s who we are,” Lydia L. Mihalik, director of development and chair of the Ohio Third Frontier Commission, said in the release. “We are investing in the ideas and businesses making Ohio the most innovative, creative and entrepreneurial state in the Midwest.”

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Story excerpt provided by The Athens News.

Originally published December 25, 2019.

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