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Ohio vs. Minnesota
- Updated: October 5, 2011 - 7:53 AM
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OHIO THIRD FRONTIER
Formed: 2002
Funding to date: $2.3 billion
Programs: Mentors entrepreneurs, funds research and assists in commercialization, contributes money to early-stage investment funds, provides loans and funding for internships. Offers tax credit to Ohio taxpayers who invest in Ohio tech start-ups.
MINNESOTA SCIENCE AND TECHNOLOGY AUTHORITY
Formed: 2010
Funding to date: $350,000, after overhead and salaries
Programs: Provides technical assistance to companies for all aspects of accessing federal grants and matching funding for internships.
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