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Partnerships and Research Bring Ohio to the Forefront of Technology Innovation

January 23, 2019

COLUMBUS, Ohio--(BUSINESS WIRE)--Jan 23, 2019--Ohio has quickly become a leader in technology innovation, thanks to the state’s tech-savvy workforce, businesses, academia, and medical and health systems that are on the cutting edge of the digital shift. Both public and private entities take advantage of Ohio’s strong infrastructure and resources, which allow for collaborative partnerships and the formation of innovation hubs and labs to transform how they do business.

Many partnerships across the state bring together multiple stakeholders with the ability to think beyond company lines and introduce new breakthrough ideas. Coupled with significant statewide innovation investments, which amount to $10 billion annually, these collaborations are occurring at new spaces all around the state. And these often incorporate Ohio’s nationally recognized colleges and universities that yield over 11,000 engineering and engineering technologies graduates per year.

“Ohio has created a high-tech ecosystem unlike any other state where strategic partnerships are accelerating innovation and turning groundbreaking ideas into real-world solutions,” said Ted Griffith, managing director for technology at JobsOhio. “The many partnerships that have formed, and the resources the state has made available, are vital in continuing to push Ohio to the forefront of IT and digital transformation.”

Some notable public-private partnerships and innovation resources across Ohio include:

Substantial research and innovation investments across Ohio have also resulted in programs like the Entrepreneurial Service Provider Program (ESP), powered by $1.5 billion in investments from Ohio Third Frontier. The program has driven the formation of multiple ESPs like Rev1 Ventures in Columbus, CincyTech in Cincinnati, NextTech Ohio in Toledo, and JumpStart Inc. in Cleveland, which have helped to spark dozens of successful startups across the state.

These advantages, along with a robust network of incubators and major venture capital and angel funds, have also helped Ohio become recognized as a top destination for tech workers by Smart Asset and the only state with two cities on Forbes’ list of the top 10 rising cities for startups.

For more information on Ohio’s growing technology industry, visit: www.jobsohio.com/technology.

About JobsOhio

JobsOhio is a private, nonprofit corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion efforts. JobsOhio works with six regional partners across Ohio: Appalachian Partnership for Economic Growth, Columbus2020, Dayton Development Coalition, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190123005580/en/

Matt Englehart, JobsOhio, (614) 300-1152, englehart@jobsohio.com

KEYWORD: UNITED STATES NORTH AMERICA OHIO

INDUSTRY KEYWORD: EDUCATION UNIVERSITY TECHNOLOGY DATA MANAGEMENT ELECTRONIC DESIGN AUTOMATION HARDWARE INTERNET NETWORKS SOFTWARE OTHER TECHNOLOGY SECURITY MANUFACTURING ENGINEERING OTHER MANUFACTURING PROFESSIONAL SERVICES FINANCE HUMAN RESOURCES RESEARCH SCIENCE

SOURCE: JobsOhio

Copyright Business Wire 2019.

PUB: 01/23/2019 11:03 AM/DISC: 01/23/2019 11:03 AM

http://www.businesswire.com/news/home/20190123005580/en

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