The Executive Committee members of AICUO have joined chambers of commerce, businesses, universities, and others across the State of Ohio by recently voting to support of the renewal of The Third Frontier initiative (Issue 1) scheduled to be on the May 4 ballot.
The State of Ohio’s Third Frontier initiative has created more than 48,000 jobs while investing $681 million since 2002 which has yielded $6.6 billion in economic activity.
The proposed state constitutional amendment appearing on the May 4 ballot authorizes the State of Ohio to issue up to $700 million in bonds for the Third Frontier initiative over a four year period in order to provide financial assistance and support for research, product innovation and industries such as manufacturing, agribusiness and alternative energy.
Issue 1 will continue to foster job creation through the advancement of new products and services based on science and technology research and development. This will, in turn, ensure Ohio’s ability to create and compete for jobs today and in the future.
The Association of Independent Colleges and Universities of Ohio urge citizens to consider the positive implications of this proposal and vote YES on State Issue 1, which will appear on the May 4th ballot.