COLUMBUS, Ohio – Battelle Memorial Institute will once again be the team that examines the opportunities for fields to expand in for the Ohio Third Frontier Program, thanks to state Controlling Board approval of $139,012 on Monday for that purpose, state Rep. Michael Stinziano says.
Without comment, the State Controlling Board approved waiving competitive selection to release the funds to Battelle to create a strategy for targeting industrial growth opportunities for the Third Frontier.
“Battelle, which is based in Columbus, has long been synonymous with quality,” said Stinziano, a Columbus Democrat. “I’m pleased to see a homegrown company with a worldwide reputation involved in growing such a critical state program.”
Third Frontier is an internationally recognized technology-based economic development initiative. The $2.3 billion initiative supports existing industries that are transforming themselves with new globally competitive products and fostering the formation and attraction of new companies in emerging industry sectors.
According to state records, Battelle was previously selected in 2002 and 2006 via an open competitive process to do similar work. In 2010, based on the body of work, Battelle was engaged to extend their analysis from the previous years to define technologies and markets that represent the best opportunities over the next three to five years. This new arrangement would update that work, according to the state.
Made up of six state lawmakers and a representative of the governor’s office, the State Controlling Board has the final say on some of the state’s larger spending projects.