| State Desires to Offset Job Loss by Investing in | | | | recipients. Comparable grants have gone to Ohio |
| Alternative Energy | | | | businesses involved in fuel cell research and |
| Ohio is investing heavily in renewable electrical power | | | | development with more than $4 million granted lately. |
| like wind and solar energy hoping to create jobs in a | | | | In 2008 the state legislature adopted the Ohio Job |
| state hard hit because of the country wide recession | | | | Stimulus Program, a 3 year program which includes |
| and higher than average unemployment. | | | | $150 million for grants and low interest rate loans |
| The state\'s Third Frontier Project was created in | | | | aimed towards energy development, including $66 |
| 2002 and is the largest commitment ever in Ohio to | | | | million for so-called clean coal technology and $84 |
| expand research, development and implementation of | | | | million for non-coal energy development including wind |
| high-tech manufacturing technological know-how, | | | | and solar. Grants for non-coal alternative energy |
| including alternative energy in Ohio. The $1.6 billion | | | | companies range from $50,000 to $250,000, while |
| initiative is directed at aiding new businesses while | | | | low interest state loans range from $1 million to $2 |
| bolstering current ones over the next 10 years. | | | | million. |
| Third Frontier and Job Stimulus Plan | | | | Hundreds of Companies in Green Tech |
| The state not too long ago awarded $9 million in | | | | According to Environment Ohio, a citizen-based |
| grants under Third Frontier to wind turbine and solar | | | | environmental advocacy organization, a new report |
| power companies, including solar power start-up | | | | entitled \"Growing Ohio\'s Green Energy Economy\" |
| Xunlight, in Toledo, and solar power component part | | | | shows more than 440 businesses and research |
| manufacturers Tremco, Inc., of Beachwood, and SCI | | | | institutions in the Buckeye State are involved in |
| Engineered Materials, Inc., of Columbus. Wind turbine | | | | high-tech, alternative energy development in the |
| component part manufacturers WebCore | | | | solar, wind, biomass, geothermal and fuel cell |
| Technologies, Inc., of Miamisburg, and Parker Hannifin | | | | industries. |
| Corp., in Cleveland, were also named as grant | | | | |