Ohio communities can now apply for piece of $125 million Innovation Hubs program

The Ohio Department of Development is now accepting applications for its Ohio Innovation Hubs program.

Interested communities can apply for millions available under the program, which is meant to capitalize on existing industry and research strengths to build pipeline talent and commercialize new products and technologies.

Program details

• $125 million: Total program funding

• $35 million: Maximum one Innovation Hub can apply for

• The Ohio Department of Development will administer the program and funding process

• January 5, 2024: Applications period opened and proposals will be reviewed and awarded on a rolling basis

• The funding can be go towards capital expenses to establish an Innovation Hub, facilitate research and development activities, and attract and retain jobs for research staff.

Why this matters to Ohio

Formed to make Ohio a leader in innovation, the Ohio Innovation Hubs program is aimed at small and medium-sized Ohio cities. Innovation hubs, defined by the State of Ohio, are industry-focused ecosystems of researchers, entrepreneurs, and public and private partners that are creating innovative solutions and products. The hubs will create jobs, increase STEM talent, and attract research funding and outside capital investment, bolstering the area’s reputation for technological advancement.

Projects located within Cuyahoga, Franklin, and Hamilton counties are not eligible, as these counties are already designated as Innovation Districts. Collaborators may be located in these counties, but not the Innovation Hub and its lead applicant.

More information is available here, and eligible entities can submit indications of interest to InnovationHubs@development.ohio.gov. 

What they’re saying

"This is an opportunity for all regions to capitalize on the innovations in their communities and be part of the big-picture strategy for growing Ohio's economy. With this program, we're investing in Ohio's long-term future and enabling the success we've seen through our innovation districts in Columbus, Cincinnati, and Cleveland to be realized across the state."

- Ohio Governor Mike DeWine

"We currently have three thriving Innovation Districts in Cleveland, Columbus, and Cincinnati. This new round of funding for Innovation Hubs will empower other regions across Ohio to leverage their world-class assets, recruit and create STEM talent, and attract private investments. These Hubs establish a local ecosystem that serves as a magnet for both investments and talent, enabling more parts of Ohio to compete on a global scale for jobs and future prosperity, diversifying our economy and ensuring that our children and grandchildren will have plenty of opportunities right here at home."

- Ohio Lt. Governor Jon Husted