Rep. Ashford: University Of Toledo Tech-share Program Receives $50,000 State Investment
Public-private partnership will assist local 3D printing development
August 03, 2015
[ Michael Ashford Home | Michael Ashford Press ]

State Rep. Michael Ashford (D-Toledo) today announced $50,000 in state funds for the University of Toledo (UT) Technology Validation and Start-Up Fund. The program partners UT with local business start-ups to develop technology for commercial use.

“Too many small business start-ups lack the resources they need to see their ideas come to fruition,” said Rep. Ashford. “UT’s Start-Up Fund bridges this gap and connects entrepreneurs with the technologies that can take their businesses to the next level. This public-private partnership allows locally-owned start-ups to grow and create good local jobs.”

The Technology Validation and Start-Up Fund was created by Ohio colleges, universities and other research institutions to introduce new technologies into the marketplace with the help of entrepreneurs and local small business start-ups. State funds released today will support the development of 3D printing technology used to create implants used in repairing bones.

UT will provide $50,000 to match state funds.

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