Thursday, June 27, 2002

Ohio can't afford to ignore high tech, Taft says

By Cliff Peale,
The Cincinnati Enquirer

        Even with a budget crunch, Ohio has no alternative but to find the money for a $1.6 billion Third Frontier technology program, Gov. Bob Taft said Wednesday.

Gov. Taft
        “We can't afford not to fully exploit our high-tech strengths,” he said. “It's that simple.”

        Mr. Taft will be at Children's Hospital Medical Center today for the first in a series of “summits” to sell the Third Frontier program.

        That probably will include a ballot measure next year for a 10-year, $500 million commitment to attracting researchers, he said.

        That will help capitalize on some of the strengths provided by institutions such as Children's Hospital or Cincinnati's Convergys Corp., he said.

        For many entrepreneurs and researchers, that money that can help Ohio leverage the high-tech strengths it has to compete with Silicon Valley and Boston.


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