The State of Ohio is an Equal Opportunity Employer and Provider of ADA Services.

Performance Criteria As of 06/30/2011 As of 12/31/2011 Percent Change

State Funds Awarded $1,095,815,956 $1,138,599,560 3.9%

State Funds Expended $764,415,366 $847,122,246 14%

Cost Share Expended $1,260,438,871 $1,308,566,567 3.8%

Leverage Received $6,601,214,423 $7,312,753,309 10.7%

Leverage Ratio*(Goal 3.5:1)

8.6:1 8.6 : 1 -

Direct Jobs Created 13,390 14,568 8.8%

Total Direct and Indirect Jobs**

79,464 88,874 11%

Companies Created, Capitalized or Relocated

701 802 14%

Average Salary $62,969 $61,957 -1.6%

Cost Per Job*** $57,086 $58,150 1.9%

Ohio Third Frontier Performance Metrics

* Leveraged dollars to state funds expended (does not include any cost share).

** Metric based on multiplier from 2009 SRI Report, Making an Impact: Assessing the Benefits of Ohio’s Investment in Technology-Based Economic Development Programs.

*** State funds expended/ direct jobs created.

Ohio Third Frontier Awards

State funds awardedDec 11: $1.13B

Number of grantsDec 11: 421

Dec-0

5

Jun-

06

Dec-0

6

Jun-

07

Dec-0

7

Jun-

08

Dec-0

8

Jun-

09

Dec-0

9

Jun-

10

Dec-1

0

Jun-

11

Dec-1

1

Jun-

12

Dec-1

2 $-

$200,000,000

$400,000,000

$600,000,000

$800,000,000

$1,000,000,000

$1,200,000,000

$1,400,000,000

$301M$344M

$367M

$637M

$638M

$874M

$893M

$970M

$993M $1.045B

$1.056B

$1.096B

$1.13B

Ohio Third Frontier Leverage Ratio

3.5 : 1 equals Biomedical Research and Technology Transfer Commission, and Ohio Public Expenditures Council estimated leverage

Dollar value of leverage is $7.3B

12/1

/200

5

6/1/

2006

12/1

/200

6

6/1/

2007

12/1

/200

7

6/1/

2008

12/1

/200

8

6/1/

2009

12/1

/200

9

6/1/

2010

12/1

/201

0

6/1/

2011

12/1

/201

1

6/1/

2012

12/1

/201

20

1

2

3

4

5

6

7

8

9

10

6.6:1 6.6:1

7.9:1

8.9:1

8.3:1

8.9:1

8.7:1

8.8:1 8.7:1

8.4:1

8.5:18.6:1

8.6:1

Goal = 3.5 : 1

Ohio Third Frontier Funds Expended & Leverage

Expenditures:Dec 11: $847M

Leverage:Dec 11: $7.3B

Dec-0

5

Jun-

06

Dec-0

6

Jun-

07

Dec-0

7

Jun-

08

Dec-0

8

Jun-

09

Dec-0

9

Jun-

10

Dec-1

0

Jun-

11

Dec-1

1 $-

$1,000,000,000

$2,000,000,000

$3,000,000,000

$4,000,000,000

$5,000,000,000

$6,000,000,000

$7,000,000,000

$8,000,000,000

Ohio Third Frontier Direct & Indirect Jobs

Goal equals value estimated by Ohio Public Expenditures Council.

14,568 direct jobs.Types of direct jobs:Prod/Mfg: 23%R&D: 50%Admin/Other: 26%

Dec-0

5

Dec-0

6

Dec-0

7

Dec-0

8

Dec-0

9

Dec-1

0

Dec-1

1

Dec-1

2

Dec-1

3

Dec-1

40

20000

40000

60000

80000

100000

120000

14,568

88,874

Direct Jobs

Total Direct and Indirect Jobs

Job Creation Goal =

96,000

Ohio Third Frontier Leverage by Category

Dec-08 Jun-09 Dec-09 Jun-10 Dec-10 Jun-11 Dec-11 $-

$1,000,000,000.00

$2,000,000,000.00

$3,000,000,000.00

$4,000,000,000.00

$5,000,000,000.00

$6,000,000,000.00

$7,000,000,000.00

$8,000,000,000.00

Other Dollars

Licensing Revenue

Sales of Products

Follow-On Investments

Industry Contracts

State Grants

Federal Grants

36%

3% (S)9%

26%

18%

8%

33%

9%

27%

21%

1% (L)7%

31%

9%

28%

23%

6%

31%

8%

28%

24%

5%

31%

8%

26%

26%

5%

1% (L)

1% (L)

1% (L)

1% (L)

3% (S)3% (S)

3% (S)3% (S)

$3.43B

$4.1B

$4.7B

$5.3B

$5.9B

28%

7%

28%

26%

6%1% (L)

3% (S)

$6.6B

26%

7%

30%

28%

6%1% (L)

3% (S)

$7.3B

Ohio Third Frontier Company Creation/Capitalization/Attraction

Companies reported that have since ceased all operations in Ohio:

81

Dec-05 Jun-06 Dec-06 Jun-07 Dec-07 Jun-08 Dec-08 Jun-09 Dec-09 Jun-10 Dec-10 Jun-11 Dec-110

100

200

300

400

500

600

700

800

900

802

Companies Created

Ohio Third Frontier Average Salary & Cost Per Direct Job Created

Average salary of direct jobs created is well above state average salary $40,128

Average annual salary exceeds cost per direct job created

Dec-05 Jun-06 Dec-06 Jun-07 Dec-07 Jun-08 Dec-08 Jun-09 Dec-09 Jun-10 Dec-10 Jun-11 Dec-11 $-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

Average Salary Cost Per Job

Ohio Third Frontier Funds Awarded by Sector

Dec-05

Jun-06

Dec-06

Jun-07

Dec-07

Jun-08

Dec-08

Jun-09

Dec-09

Jun-10

Dec-10

Jun-11

Dec-11

Jun-12

$-

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

$300,000,000

$350,000,000

$400,000,000

$450,000,000

Biomedical ($402)

Advanced Energy ($192)

Instruments, Controls &

Electronics ($103)

Advanced Materials ($205)

Advanced Propulsion ($39.9)

Funds ($179)

IT awards by June 2010: $13.7M

Ohio Third Frontier Funds Awarded by Sector/Region

$87M

$62M

$68.8M

$244M

$29.5M

$46.5M

$16.5M

$12.8M

$1M $9.4M

$1.03M

$38.8M

$34.7M

$93.7M

$11.4M

$95.8M

$7.8M $1.2M (IT)

$12.3

$18M

$23.6M

$.35M

$61M

$12.6M (IT)

$3.1M

$14M

$7.97M

$2.9M

$34

$8.8m$27.5

$42M

$1.6M

Biomedical

Advanced Energy

Instruments, Controls & Electronics

Advanced Materials

Advanced Propulsion

Funds

Awards Per Region:Northeast: 189Central: 100West Central: 51Northwest: 35Southwest: 34Southeast: 8

Total State Funds Per Region:Northeast: $494MCentral: $282MWest Central: $130MSouthwest: $118MNorthwest: $87MSoutheast: $25M

$192M

$179M

$206M

$39.9M

$402M

$103M$13.8M (IT)

Grand Summary of Statistics

Program NameState Funds

AwardedState Funds Expended

Cost Share Expended Leverage Received

Jobs Created / Retained

Companies Created/Attracted

Leverage Ratio

Cost per Job Created

Average Salary

Biomedical Research Commercialization Program $151,769,922.96 $140,890,197.91 $247,305,014.47 $932,453,981.44 1669 41 6.6 $84,415.94 $70,636.62

Engineering Research Commercialization Program $81,677,370.00 $75,320,646.80 $91,131,369.24 $319,854,707.98 641.5 6 4.2 $117,413.32 $64,715.78

Wright Centers of Innovation (Biomedical) $87,302,967.00 $85,216,102.46 $183,401,014.55 $441,698,087.00 754.5 20 5.2 $112,943.81 $82,525.00

Wright Centers of Innovation (Engineering ) $148,094,300.00 $130,317,741.37 $272,542,056.54 $940,103,442.00 1297 55 7.2 $100,476.28 $44,497.91

Wright Mega-Center of Innovation $59,999,086.00 $31,669,227.99 $84,044,056.31 $260,939,546 199 41 8.2 $159,141.85 $68,000.00

Wright Projects $102,371,598.00 $58,408,778.95 $103,299,577.64 $176,043,208.64 530 25 3.0 $110,205.24 $52,550.35

Ohio Research Scholars Program $146,510,334.00 $59,937,902.53 $28,119,470.33 $40,859,061.71 141 5 0.7 $425,091.51 $69,107.85

Biomedical Cluster Program $12,968,360.00 $1,729,121.57 $2,390,986.71 $6,589,046.00 58 2 3.8 $29,812.44 $32,353.62

Medical Imaging Cluster Program $11,962,470.00 $1,666,268.05 $2,649,040.88 $2,779,520.25 56 0 1.7 $29,543.76 $48,011.00

Adv. Materials Cluster Program $14,579,672.00 $2,750,116.37 $3,765,537.07 $14,990,301.00 37 1 5.5 $74,650.28 $49,074.34

Sensors Cluster Program $8,977,738.00 $3,457,186.31 $3,916,389.56 $2,105,171.00 47.5 0 0.6 $72,782.87 $33,316.00

Adv. Energy Cluster Program $40,899,968.00 $22,971,252.68 $23,678,928.94 $107,217,306.15 236 5 4.7 $97,335.82 $40,380.34

Fuel Cell Cluster Program $51,286,139.00 $42,775,447.63 $32,930,177.57 $184,732,519.76 367.5 4 4.3 $116,395.78 $53,554.20

Photovoltaics Cluster Program $10,333,963.00 $4,046,663.64 $3,075,371.11 $1,528,712.02 27 0 0.4 $149,876.43 $29,176.67

Ohio Research Commercialization Grant Program $13,333,115.00 $12,733,273.29 $5,922,380.49 $207,208,792.23 305 14 16.3 $41,748.44 $59,806.23

Third Frontier Action Fund $18,582,863.00 $17,342,876.96 $32,335,323.42 $138,494,215.00 429 57 8.0 $40,426.29 $56,245.19

Pre-Seed and Seed Funds $64,286,032.00 $42,059,667.68 $186,359,044.86 $2,377,573,817.50 3997 342 56.5 $10,522.81 $55,007.36

Entrepreneurial Signature Program $115,486,477.00 $87,488,420.27 $54,208,969.05 $1,157,581,873.43 3775.5 486 13.2 $23,172.67 $33,690.43

Grand Total $1,140,422,375 $847,122,246 $1,361,074,708 $7,312,753,309 14,568 802** 8.6 $58,150 $61,957

*Expenditure for endowment is recorded once a research scholar has been hired.

**Adjusted to eliminate duplication of company data by collaborating programs