Ohio Third Frontier TVSF Phase 2 (Start-up)

Ohio Third Frontier TVSF Phase 2 (Start-up) sits under the same Ohio Department of Development initiative and moves validated Ohio research technology into startup hands. It is the follow-on phase for companies that are ready to license state research output and build a business around it. The program is narrower than Phase 1 and is meant for startup formation rather than institutional validation. Awards run from $50,000 to $200,000, with a median of $150,000, on an annual cycle. Eligible applicants are for-profit Ohio-based startups working at technology readiness levels 3 to 5, with no cash match required. The project must be tied to Ohio research technology, and the same project cannot stack this funding with another award. The best fit is a startup that already has a license path, a technical team, and a clear next milestone. Because the money is smaller than Phase 1, the program works best when the commercialization question is tight and the use of funds is specific. Founders who can show why the research asset belongs in a company now, rather than later, are the ones this phase is built for.

No upcoming rounds verified. Cadence: Annual.