Wednesday April 28, 2010

Research That Pays Off

The University of Dayton is taking a leadership role in supporting the renewal of the Ohio Third Frontier Program. View "WHIO Reports."

The University of Dayton is throwing its support behind the renewal of the Ohio Third Frontier Program in a highly visible way.

Daniel J. Curran, president, is talking about the program's economic development potential in a Dayton Development Coalition television ad. Mickey McCabe, vice president for research, and John Leland, director of the Research Institute, tout the program's benefits in "WHIO Reports," a half-hour community affairs program. (Watch the interviews below or on the University's YouTube Channel)

"This is not Ivory Tower research. The Ohio Third Frontier Program focuses on how you take knowledge and apply it to new jobs, new technology in Ohio," said Mickey McCabe in the WHIO-TV segment, which features University of Dayton-developed sensors technology at TechTown.

Created in 2002 with bipartisan leadership and support, the Ohio Third Frontier Program makes targeted state investments in promising technologies, research and entrepreneurs that have a strong potential for creating jobs. In all, the University of Dayton has leveraged more than $70 million in Third Frontier grants during the past eight years to attract five companies and create 330 jobs in the Dayton region.

Issue 1, on the ballot May 4, authorizes $700 million in bonds to extend existing program funding through 2016. It will not raise taxes.

The program has received broad bipartisan statewide support, including more than 150 endorsements from diverse organizations. Both political parties back its renewal. Support in the Dayton region includes the Dayton Development Coalition, Dayton Area Chamber of Commerce, Dayton City Commission, the University of Dayton, Wright State University, Central State University and Sinclair Community College.

The University of Dayton Research Institute conducts nearly $100 million in sponsored research annually from a variety of sources, including the Third Frontier.

For more information, contact Mickey McCabe at 937-229-3515.