Greater Cleveland Partnership backs Third Frontier changes

Wednesday, July 25, 2012

Cleveland, Ohio—The Greater Cleveland Partnership has issued the following statement on today’s Third Frontier Commission meeting from Dan Walsh, president of Huntington Bank of Northeast Ohio and GCP Board Member and Chair of the GCP’s Government Advocacy Council:

“The Greater Cleveland Partnership appreciates the reaffirmation today by Kasich Administration officials and Third Frontier Commissioners of the vital importance of the Third Frontier program to Ohio’s economic development efforts.

“State leadership has been prudent to take the last few months to review the Third Frontier program, which is now 10 years old, to make sure it continues to align with Ohio’s development needs. More importantly, the Commission made major grant awards today and has established a firm timetable for awarding remaining funds allocated to the Entrepreneurship Signature Program which has been so successful in Cleveland.

“The Commission also announced it will move to monthly rather than quarterly meetings. We commend this heightened involvement by Commissioners both in day-to-day award actions and in ensuring that Third Frontier funds are used to maximum advantage while maintaining proper metrics, monitoring and safeguards.

“The Greater Cleveland Partnership will continue to monitor the progress of the Commission and its work, as it is important to the economic health of Northeast Ohio.”

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About the Greater Cleveland Partnership
The GCP mobilizes private sector leadership, expertise and resources to create attractive business conditions that create jobs, grow investment and improve the economic prosperity of the region. www.gcpartnership.com.  

 

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