Rep. Clyde Announces Continued State Funding For NEOMED's REDIzone
Investment in state-of-art research equipment will spur economic development
July 20, 2015
 
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State Rep. Kathleen Clyde (D-Kent) today announced $72,719 in state funding for the Northeast Ohio Medical University (NEOMED) REDIzone program, including investments in new state-of-the-art research technologies as well as research lab and office upgrades.


“NEOMED’s REDIzone program gives local entrepreneurs and early state biomedical companies support from some of the top researcher faculty in the state,” said Rep. Clyde. “The funds awarded will allow REDIzone to reach its potential as a hub of research, collaboration and economic development in our Northeast Ohio region.”


The Research, Entrepreneurship, Discovery, and Innovation Zone (REDIzone) is a public-private partnership that links university resources with local entrepreneurs and early stage biomedical companies. The program facilitates biomedical research and development, economic growth and the improvement of worldwide health initiatives.


“The approval of state funds to continue the buildout of the REDIzone biomedical incubator at NEOMED will allow the university to support commercialization of important scientific discoveries,” said Dr. Walter Horton, Vice President of Research at NEOMED. “That is not only good for the health of our region but also for the creation of jobs”


With the state funds, NEOMED will purchase new scientific research equipment, expand two campus laboratories and establish needed office spaces.


Rep. Clyde represents the 75th Ohio House District, serving Kent, Ravenna, Streetsboro, and central and southern Portage County.  

 
 
 
  
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