Ohio’s Third Frontier technology acceleration program has awarded $25 million to several early stage investment funds in the state.
The grants come under two different Third Frontier programs, which are designed to funnel growth capital to young, promising technology companies through professionally managed investment funds. With state money flowing to the companies, the idea is that private investors will be more likely to throw their own money in alongside the public funding.
To read the full, original article click on this link: Ohio Third Frontier program hands out $25M to early stage investment funds