The announcement included a commitment from JobsOhio, the state’s economic development corporation, to invest up to $100 million to improve talent development and accelerate research and development initiatives at Cincinnati Children’s and UC.
“In partnering with the University of Cincinnati and Cincinnati Children’s to create this Innovation District, we are investing in opportunities for students and incumbent workers to build a successful career in Ohio, while unleashing the research and innovation happening on our university campuses and hospitals to help drive job creation,” DeWine says.
Combined, Cincinnati Children’s and UC devote more than $450 million a year to research. This work often results in discoveries that become the basis for innovative startups in the tech and healthcare sectors.