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Ohio Academic Institutions Increase Research and Development Investments
Date:10/31/2007

in Ohio that are dedicated to reshaping the world with advanced materials. Ohio's strong industrial base in plastics and printing, and leading research in medical devices, liquid crystals, polymers and polymer engineering make the state a natural home for the emerging advanced materials industry.

"Ohio's strength goes beyond research and development, allowing both companies and entrepreneurs a chance to validate their technologies and get them out in the marketplace," said Mark Collar, chairman of the Third Frontier Project Advisory Board. "Ohio has world-class capabilities in advanced design, advanced materials, and advanced manufacturing, combined with outstanding clinical and validation capabilities, a growing venture capital base, and managerial talent with commercial experience. The state's culture of collaboration between academic institutions, entrepreneurs and companies in these business sectors really makes any ambition achievable."

"Businesses are realizing the opportunities and resources the state of Ohio offers for success in the advanced materials," continued Burghard. "In addition to world-class academic research facilities, business owners profit from the state's newly revamped tax code as well as the bottom-line benefits of better work:life balance for their employees. Ohio offers low-cost, low stress communities and a unique tapestry of micropolitan and metropolitan cities. This diversity provides executives and employees the resources and time to pursue their professional goals and personal aspirations without having to sacrifice one for the other. Ohio truly is the state of perfect balance."

About the Ohio Business Development Coalition

The Ohio Business Development Coalition is a nonprofit organization that provides marketing strategy and implementation to support Ohio's economic development efforts. For more information, visit http://www.ohiomeansbusiness.com.
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SOURCE Ohio Business Development Coalition
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