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Hamilton County, OH May 4, 2010 Election
Smart Voter

Third Frontier Makes Good Economic Sense

By Denise Driehaus

Candidate for State Representative; District 31; Democratic Party

This information is provided by the candidate
Ohio's future economic prosperity depends on our ability to shift from traditional manufacturing industries to the high-growth, technology-intensive industries of tomorrow.
The numbers are in, and the Third Frontier Program (3F) has proven to be a winning investment for the state.

Voters will have a chance to expand and renew funding for this excellent job-creating program on the May statewide ballot.

In its seventh year, 3F is living up to its commitment, delivering measurable results.

Ohio's future economic prosperity depends on our ability to shift from traditional manufacturing industries to the high-growth, technology-intensive industries of tomorrow. 3F not only accelerates our economic transition, it also creates good-paying jobs for Ohioans.

How does it work?

The program funds five key technological areas, including: Advanced and Alternative Energy, Biomedical, Advanced Materials, Instruments - Controls + Electronics, and Advanced Propulsion.

In these areas, 3F drives the growth of existing and emerging industry by:

  • Making funding more accessible and available to create, expand, and attract technology-based companies
  • Supporting small businesses in their earliest stages to develop new products

  • Creating high-paying jobs in technology

Promise Kept Despite the recession, 3F has given Ohio the ability to increase employment in technology industries by 4%, creating nearly 20,000 jobs since 2004 in this field alone. Amylin Ohio LLC, a subsidiary of San Diego-based Amylin Pharmaceuticals, has established a $70 million biomedical manufacturing facility locally to manufacture a long-acting release formulation of exenatide, a compound in development for type 2 diabetes. This project has created more than 50 jobs and an estimated payroll of more than $2.7 million.

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