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Research &#038; Development Center Grant Program

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The JobsOhio Research & Development (R&D) Center Grant Program was created to facilitate new strategic corporate R&D centers in Ohio. Such R&D Centers will support the development and commercialization of emerging technologies and/or products that align with one or more of JobsOhio’s targeted industries.

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Investing in innovation and technology in Ohio

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R&D Center Grant funded activities are expected to create at least 5 new jobs, foster new technology-enabled products or services, and attract new technology-enabled companies to Ohio.
 
To the extent that new production facilities result from commercialized products and services from a new Ohio R&D center, JobsOhio will require (prior to a Grant recipient’s investment decision) notification of such planned facilities and the opportunity to present site alternatives to the Grant recipient.

Job Creation

Applicants can include any corporation with a minimum of 5 years’ operating history and annual revenue of greater than $10 million. The credit rating of each Applicant will be considered, along with other customary due diligence items.

Eligible Applicants

To be eligible to receive an R&D Center Grant, a center must represent at least $3 million in new cash investment by a corporation.
 
Examples of eligible projects could include additive manufacturing (3-D Printing), advanced materials, aeropropulsion, autonomous vehicles, biomedical, carbon fiber, cybersecurity, data analytics, financial technology (FinTech), energy storage/fuel cells, internet of things (IoT), sensors, and unmanned aerial systems.

Eligible R&D Center projects

Funds can be used for Qualified Research Expenses (QRE) and satisfy operational, equipment, or facility needs related to:
<ul>
<li>Industry-driven, value-added applied research</li>
<li>Software development</li>
<li>Developing technologies that can be commercialized by a corporation</li>
</ul>
 
Equipment purchased with JobsOhio funds, if any, must remain in Ohio throughout its useful life. Operational activity funded with JobsOhio funds, if any, must occur in Ohio.

Eligible Costs

The term of grant agreements will be up to five (5) years. Each year, the grant recipient is required to submit a status report detailing the overall progress of the R&D Center (including milestones, actual vs. budget) and the measurable economic impacts on Ohio.

Term

JobsOhio funds will be disbursed on a reimbursement basis, first with respect to fixed assets, and second with respect to non-fixed assets, in each case with supporting documentation required with respect to dollars invested. All awards under the R&D Center Grant program are subject to approval by the Chief Investment Officer (CIO).

Disbursement of Funds 

Learn More About the R&D Center Grant

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The JobsOhio Innovation Strategy is bold, ambitious—and effective.

Innovation

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Whether you are considering reshoring, relocation, or overall expansion, Ohio is one of the best places in the U.S.for business growth. As a private nonprofit corporation focused on economic development, JobsOhio is here to help.

Research & Development Center Grant Program