Ohio Third Frontier Technology Validation and Start-up Fund (TVSF)
Ohio Department of Development — Third Frontier Program
Up to $200,000 (Phase 2)
Ohio funds tech-to-market spinouts
Ohio's TVSF funds startups commercializing technologies developed at Ohio research institutions. Phase 1 awards ($200K–$1M, 1:1 match required) go to Ohio universities/research institutions supporting new spinouts. Phase 2 awards of up to $200,000 per startup go directly to companies ready to move technology to market. Active multiple rounds per year across AI, biomedical, advanced manufacturing, energy, sensors, and software.
- Funding type
- Grant
- Level
- State
- Amount range
- $200,000 – $200,000
- Realistic amount
- Phase 2 startup recipients typically receive the full $200,000 award. Awards are project-based — no partial awards below…
- Deadline
- Multiple rounds per year. Most recent proposals due May 7, 2026 (Round 37); awards expected July 2026. Next round anticipated fall 2026 — monitor Development.Ohio.gov/TVSF.
- Status
- between-intakes
- States
- OH
- Payment model
- milestone
Who qualifies
- Phase 2 (startup-level): Ohio company ready to commercialize technology originally developed at an Ohio research institution (university, hospital, nonprofit research organization)
- Technology must have originated from an Ohio institution of higher education or other Ohio not-for-profit research institution
- Company must be an Ohio-incorporated or Ohio-operating entity
- Focus areas: advanced manufacturing, materials, biomedical/life sciences, energy, sensors, software/IT
- Phase 1 applicants: Ohio research institutions (universities, hospitals, nonprofit research orgs) submitting on behalf of portfolio spinouts
Hard requirements
- Must be incorporated
- Location restriction: Ohio
What it covers
Eligible expenses
- Technical development and validation of the commercializable technology
- Customer discovery and market validation activities
- Prototype and proof-of-concept development
- Personnel costs for technical staff directly engaged in the project
- Limited IP licensing or patent prosecution costs related to the project technology
- Equipment essential to the technology development (not general office equipment)
Ineligible expenses
- General operating expenses (rent, utilities, administrative overhead beyond allowed rates)
- Marketing, advertising, or sales expenses not tied directly to validation
- Capital equipment not directly required for the funded project
- Compensation for non-project personnel
- Technologies developed outside Ohio research institutions
How to apply
-
1
Download and review current RFP
Each round has a specific Request for Proposals (RFP) available at Development.Ohio.gov/TVSF. The RFP specifies the evaluation criteria, budget templates, required sections, and page limits for that round. RFPs are typically 10–20 pages with detailed technical and financial requirements.
-
2
Submit written questions during Q&A window
Each round includes a written question window (typically 1 week after RFP release). For the April 2026 round, written questions were accepted through April 30. Answers posted publicly — review all Q&A before finalizing your proposal.
-
3
Prepare and submit technical proposal
Complete the full proposal: executive summary, technology description, commercialization plan, market analysis, team qualifications, and detailed budget. Phase 2 proposals focus on how the $200K will accelerate market entry for the technology. Proposals due via online portal.
-
4
Third Frontier Commission review and award
Proposals are reviewed by expert evaluators against published criteria. The Ohio Third Frontier Commission approves awards — typically 60–90 days after proposal deadline. Awards announced publicly.
-
5
Execute grant agreement and begin work
Awarded companies execute a grant agreement with Ohio Department of Development specifying deliverables, milestones, and reporting requirements. Funds are typically disbursed in tranches tied to milestone completion.
Phase 2 awards go to companies ready to move to market — not to validate the science. If you're still in basic research mode, you need a Phase 1 institutional sponsor first. Frame your proposal around customer traction, not publications.
Deadline & timing
TVSF runs multiple competitive rounds per year. Application windows are typically 2–3 weeks long. Monitor Development.Ohio.gov/TVSF for new round announcements. January 2026 round awarded $1.8M to multiple companies.
Programs that stack well
Related programs
Last reviewed 2026. GrantCompass is an independent funding-discovery tool and is not affiliated with any government agency. Always confirm details on the official program page.