Chamber Represents JobsOhio R&D Program
YOUNGSTOWN, Ohio – Mahoning Valley businesses are invited to apply for the new JobsOhio Research & Development Grant for projects that support the development and commercialization of emerging technologies and products that align with one or more of JobsOhio’s targeted industries.
The Regional Chamber, as the designated TeamNEO partner, is facilitating the program in Mahoning and Trumbull counties.
The goal of the grant program is to facilitate new research and development activity in the areas of advanced manufacturing, aerospace and aviation, automotive, biohealth, financial services, food processing, information technology, logistics and distribution and shale energy and petrochemicals
“While our Valley has already experienced success in most of these industries, we’re targeting opportunities in others, so potential access to R&D grant funds would not only have a significant impact locally but across the state, as well,” said Sarah Boyarko, senior vice president of economic development at the Youngstown Warren Regional Chamber.
Grants can be used to fund a portion of the costs related to qualified research expenses and satisfy operational, equipment or facility needs such as industry-driven, value-added applied research; software development; and developing technologies that can be commercialized. Factors in grant decisions will include job creation, new payroll, fixed-asset investment commitments and project location.
To learn more about the program and qualifications, contact Boyarko at 330 744 2131, ext. 1108, or via email at Sarah@regionalchamber.com.
Copyright 2024 The Business Journal, Youngstown, Ohio.