Kent State University and an Akron healthcare company are among the institutions and businesses in the state sharing in $10 million in grants from Ohio’s Third Frontier Commission.
The grants are aimed at helping innovators create new products, advance technology and build new startup businesses, the state said Wednesday.
Kent State University and Cleveland State University were jointly awarded $400,000 from the Third Frontier Technology Validation and Start-up Fund to form what is called the TeCK Fund.
Akron-based OncoSolutions LLC was awarded $150,000 from the same fund to scale up a robotic system to better evaluate the effectiveness of possible anti-cancer drugs.
The money is to be used to demonstrate that a technology is commercially viable, with the ultimate goal is to license the technologies to companies, the state said.
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Kent State, Akron healthcare company get Third Frontier grants
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