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Research & Innovation

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Innovation Districts Transforming Healthcare and Technology Thrive in Ohio

What is an Innovation District? As the Brookings Institution states, innovation districts are dense areas “that merge the innovation and employment potential of research-oriented anchor institutions, high-growth firms, and tech and creative start-ups in well-designed, amenity-rich residential and commercial environments.” An innovation district is a close-knit ecosystem with economic, physical, and networking assets that are …
Fri Jun 04 2021•5 min read
  1. Business Climate|
  2. Research & Innovation

With renowned universities, federal research institutes, leading companies across targeted sectors, and 14 top-ranked hospital systems, Ohio has historically been the “quiet giant” of life science, technology, and industrial innovation and R&D in the United States. Now innovation is at the forefront with one of the nation's most ambitious and comprehensive economic economic development initiatives.

Ohio's Innovation Strategy includes the creation of three world-class Innovation Districts in Cincinnati, Cleveland, and Columbus, R&D center grants, stimulation of discoveries, patents, and startups, provides growth capital, and supports workforce talent across the state. These initiatives boost Ohio's competitiveness in innovation and leverage the state's lifestyle desirability to make it the Midwest's magnet for entrepreneurs, inventors, and industries.

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