Columbus—State Senator Edna Brown (D-Toledo) announced today that the state Controlling Board has released $450,000 in funding for the University of Toledo (UT) Third Frontier Incubation Program, called ‘Launch Pad.’  The program covers over 18 counties in Northwest Ohio and provides a variety of business development resources for local startup companies.
The resources provided by the Launch Pad program include physical facilities to work from, access to capital, expert advising, and coaching systems to help address specific gaps within companies. The Launch Pad program will be hosting its second annual "Pitch & Pour" business pitch competition on Thursday, January 30, 2014 from 5:30 p.m. to 8:30 p.m. at the Tom and Elizabeth Brady Innovation Center, located inside the Nitschke Technology Commercialization Complex at the University of Toledo. The competition is an open application event that helps participants network with students, business leaders, potential investors, and world-class judges.
“I am pleased to see this investment in the Launch Pad program as they continue their important work assisting entrepreneurs in Northwest Ohio,” said Senator Brown. “In addition to creating innovative events like the Pitch & Pour business competition, the program benefits the entire region by providing resources to increase the number of successful business startups which leads to accelerated local economic activity and job opportunities.”

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