Ohio Innovates, Thanks to JobsOhio R&D Center Grants
Senior Director, JobsOhio
When our team here at JobsOhio determined that we wanted to serve as a catalyst for more corporate innovation, we introduced the JobsOhio Research & Development Center Grant Program in June 2016. This proactive grant program provides qualified companies with an incentive to establish new R&D centers in Ohio and positions the state favorably to win production facilities after R&D products and services are commercialized.
The R&D Center Grant Program allows JobsOhio to work with our local and regional economic development partners to strategically support a wide array of industries, from biomedical to autonomous vehicles, that can move the Ohio economy forward.
2017 R&D Center Grant Projects
Since its inception, four R&D centers representing an array of industries have been announced and/or launched:
- Midmark Corp., a leading provider of medical, dental and veterinary equipment solutions, announced plans to create at least 97 new jobs over five years at a new R&D Center in Versailles, Ohio. Scheduled for construction next year, the new R&D center will allow Midmark and its clients to identify and launch solutions to improve patient outcomes while reducing costs and enhancing the patient experience.
- Quality Electrodynamics (QED) officially opened its new research center in Mayfield Village, Ohio, in November. As the first recipient of the JobsOhio R&D Center Grant, the QED Research Center provides the research community and business leaders a platform to develop innovative imaging solutions to better diagnose, manage and treat common diseases across the health continuum.
- Franklin International Inc., one of the nation’s largest privately held adhesives and sealants manufacturers, announced plans to invest $4.4 million to construct a new 12,500-square-foot R&D facility at its corporate headquarters in Columbus. Franklin International plans to utilize the new center to formulate new polymers, produce next-generation adhesives and innovate manufacturing technologies to increase production efficiencies.
- In January 2017, the state of Ohio, The Ohio State University and JobsOhio together invested $45 million for the first phase of a state-of-the-art hub for automated and autonomous testing at the Transportation Research Center (TRC). Construction is underway on the all-new, 540-acre Smart Mobility Advanced Research and Test (SMART) Center, which is located within the 4,500 acres of TRC’s testing facility, the nation’s largest independent automotive proving grounds.
Corporate interest in the JobsOhio R&D Center Grant Program has been high, resulting in new senior-level conversations with leading domestic and international companies. Ultimately, our goal is to see current and future R&D centers successfully commercialize innovative products or services that lead to new significant investment and corporate job creation in Ohio.
At OEDA, we are thankful for our members who are passionately committed to the success of their communities and advancing Ohio’s economy. Over the past year, we’ve appreciated having you as part of our community of economic development professionals and are grateful for the opportunity to be your partner again in 2023.read more
As your partner for success at every step of your career, OEDA strives to provide high-impact training opportunities for our members each year. The foundation of that training is our Basic Economic Development Course (Ohio BEDC). This year’s course will be held from May 1-4 in Dublin, Ohio, and Early Bird Registration is open from now until March 1.read more
(Wilmington, Ohio) The Clinton County Workforce Collaborative hosted its first meeting of the year on Thursday, January 19. With almost 40 individuals present, representing schools, businesses, service providers, and community organizations, members reviewed accomplishments from 2022, established a new meeting structure for 2023, and discussed how their current efforts can continue to meet the needs of the local community.read more