Innovation Fund Performance

  • 100 percent of every Third Frontier dollar raised has been awarded to Innovation Fund recipients – no administration cost have been paid out from the Third Frontier awards.
     
  • The match and administration support for the Third Frontier pre-seed awards comes from the IF partners: Youngstown Business Incubator, Youngstown State University, University of Akron Research Foundation, University of Akron, Cleveland State University, NEOUCOM, Stark State College, Great Lakes Innovation and Development Enterprise, Lorain County Community College and Lorain County Community College Foundation. 

Innovation Fund Activity Performance:
July 1, 2007 to June 30, 2011

 Inquiries

4,178

 Applications

506

 Number of Awards

80

 Number of Companies

71

 Value of Awards

$ 4,950,000


Applications Received from 17 of the 21 Counties
in Northeast Ohio

IF Impact by Geography

Map