Ohio Moves Forward with Opioid Technology Challenge
Ohio Development Services Agency.
The Ohio Third Frontier Commission awarded NineSigma, Inc. (Cleveland, Cuyahoga County) $8 million to manage the Ohio Opioid Technology Challenge. The Challenge will focus on getting and advancing new ideas through competition, to find innovative solutions to address prevention, treatment and overdose response.
“The opioid crisis is touching everyone, and we all need to be part of the solution,” said David Goodman, director of the Ohio Development Services Agency and chair of the Ohio Third Frontier Commission. “Taking ideas and advancing technology is one more way to ensure we leave no stone unturned in the fight against addiction.”
NineSigma has managed similar competitions for Federal agencies including NASA and the Department of Homeland Security. Most of the funding will go to monetary prizes to support organizations, chosen through the Challenge, that will develop and advance new technologies to address the crisis.
At the request of Governor John R. Kasich, the Challenge is part of a two-pronged approach to advance new technology in the battle against drug abuse and addiction. The Ohio Opioid Abuse, Prevention and Treatment Technology Initiative aims to accelerate the development of existing, proven ideas that need an extra push to get them to market faster.
In other business, the Ohio Third Frontier commission awarded $1.6 million to Venture for America to support the Fellowship Grant Program. The program supports the placement of recent graduates into Ohio early-stage technology companies, with a focus on minority graduates. The fellowships aim to attract and retain talent in Ohio, and encourage entrepreneurship for the next generation. Venture for America is a national fellowship program that is expanding operations in Ohio.
Sign up for TechOhio to learn how Ohio Third Frontier is helping grow Ohio’s technology economy. It tells the stories of Ohio’s entrepreneurs, sharing the breakthrough technologies, cutting-edge research and innovative companies being developed across the state. And follow TechOhio on Facebook and Twitter @TechOhioGov.
Marketing helps but a fancy web site cannot replace a strong site development plan that illustrates an Opportunity Zone is prepared for development. Creating an Opportunity Zone site development plan involves five steps that includes the creation of site plans and infrastructure finance strategies, enacting land use entitlements and tax incentives, advocating for a state and local Opportunity Zone public policy agenda, marketing the Opportunity Zone and seeking professional guidance to operate an Opportunity Zone by seeking investors.read more
Maybe it is a silly question since the ink on the IRS regulations are not dry nor are the even written in ink but economic development, elected officials and real estate developers are asking the question—is our region already behind in attracting capital for Opportunity Zones? The answer to four questions determines if your region is behind in this critical economic development opportunity.read more
The Uptown Consortium enlisted Sasaki, a global planning and design firm, to complete the master plan for the Uptown Innovation Corridor in Cincinnati. Bringing a broad, comprehensive vision to the table, the firm is working to articulate a thoughtful implementation framework that balances land use, urban design, placemaking and real estate strategies. The result is an execution roadmap to create a world-class urban district.read more