Ohio Third Frontier | Performance Metrics
Performance Metrics
Performance Criteria |
As of 12/31/10 |
As of 06/30/11 |
Percentage Change |
State Funds Awarded |
$1,056,612,577 |
$1,095,815,956 |
3.7% |
State Funds Expended |
$684,539,650 |
$764,415,366 |
11.6% |
Cost Share Reported |
$1,237,136,435 |
$1,260,438,871 |
5.7% |
Leveraged Dollars |
$5,986,979,237 |
$6,601,214,423 |
10.2%
|
Leverage Ratio* (Goal 3.5:1) |
8.5:1 |
8.6:1 |
1% |
Direct Jobs Created |
11,402 |
13,390 |
17% |
Total Direct and Indirect Jobs ** |
68,855 |
79,464 |
15% |
| Companies Created, Attracted, Capitalized |
657 |
701 |
6.7% |
Average Salary |
$64,834 |
$62,969 |
-3% |
Cost Per Job *** |
$60,036 |
$57,086 |
-5% |
* Leveraged dollars to state funds expended (does not include any cost share).
** Metric based on multiplier from 2009 SRI Report, Making an Impact: Assessing the Benefits of Ohio’s Investment in Technology-Based Economic Development Programs.
*** State funds expended/ direct jobs created.
Direct & Indirect Jobs
Company Creation / Capitalization / Attraction
Funds Leveraged by Category
Asset-Based Company Attraction Program (ABCAP) Biomedical Research and Commercialization Program (BRCP) Engineering and Physical Science Research Commercialization Program (EPSRCP) Entrepreneurial Signature Program (ESP) Innovation Ohio Loan Fund (IOF) Ohio Research Commercialization Grant Program (ORCGP) Pre-Seed Fund Initiative (PSFI) Product Development Pilot Program (PDPP) Research Commercialization Program (RCP) Success and Pre-Seed Fund Initiative (SPSFI) The Ohio Research Scholars Program (ORSP) Third Frontier Advanced Energy Program (TFAEP) Third Frontier Fuel Cell Program (TFFCP) Third Frontier Internship Program (TFIP) Wright Centers of Innovation in Biosciences (WCIB) Wright Centers of Innovation in Engineering and Physical Sciences (WCIEPS) Wright Mega-Centers of Innovation (WMCI) Wright Projects (WP)