1. Third Frontier FY 06-07 Programs

2. Schedule of Third Frontier Programs Proposal Name Fuel Cell FY (06) Pre-Seed Fund FY (06) WCI in Bio FY (06) BRCP FY (06) Wright Projects FY (06) ORCGP FY (06) Non-Bio WCI FY (07) Non-Bio RCP FY (07) ESP FY (07) Federal Opportunity Industrial Attraction Industrial Grants Mega Center RFI Mega Center RFP Fuel Cell FY (07) ORCGP FY (07) Bio and Non-Bio WCI (FY08) Bio and Non-Bio RCP (FY08) ESP FY (08) 03/06 04/06 05/06 06/06 07/06 08/06 09/06 10/06 11/06 12/06 01/07 02/07 03/07 04/07 05/07 06/07 07/07 08/07 09/07 10/07 RFP Release Date RFP Release Date Bidder’s Conference Bidder’s Conference LOIs Due Date LOIs Due Date Proposal Due Date Proposal Due Date Commission Action Commission Action

3. Program Area Research and Commercialization Collaborations (1 of 4) Total Dollars Available $241,000,000 Project Areas Wright Centers of Innovation Research and Commercialization Programs Mega Centers Federal Matching Grants TechnologyBio Engineering and Physical Science Bio Engineering and Physical Science Bio Engineering and Physical Science All Individual Award Amounts $15-28 Million $5-8 Million $50-60 Million $1-2 Million Potential Number of Awards 1 to 2 5 to 7 115 to 10 Operating and Capital $10-20 Capital and $5-8 Operations $5-8 Operations $12-15 Capital $38-45 Operations $12-15 Capital $38-45 Operations Any Combination Cost Share Ratio 1:2 on capital 1:1 on operating 1:1 on operating 1:3 Not Applicable

4. Program Area Research and Commercialization Collaborations (2 of 4) Project Areas Wright Centers of Innovation Research and Commercialization Programs Mega Centers Federal Matching Grants TechnologyBio Engineering and Physical Science Bio Engineering and Physical Science Bio Engineering and Physical Science All Lead Eligibility University or Not-for-profit University or Not-for-profit Open University or Not-for- profit University or Not-for-profit Open Collaborators For-Profit Any Two Eligible Entities Broad-based Not Applicable Scope Eligibility Biomedical: Drugs, Devices, Diagnostics and Therapeutics IT: Power & Propulsion, I.C.E., Adv. Materials Biomedical: Drugs, Devices, Diagnostics and Therapeutics IT: Power & Propulsion, I.C.E., Adv. Materials Biomedical: Drugs, Devices, Diagnostics and Therapeutics IT: Power & Propulsion, I.C.E., Adv. Materials Biomedical: Drugs, Devices, Diagnostics and Therapeutics

5. Program Area Research and Commercialization Collaborations (3 of 4) Project Areas Wright Centers of Innovation Research and Commercialization Programs Mega Centers Federal Matching Grants TechnologyBio Engineering and Physical Science Bio Engineering and Physical Science Bio Engineering and Physical Science All RFP Release Date 9/20/053/20/069/20/053/20/06 RFI: 3/17/06 RFP: 7/1/06 RFI: 3/17/06 RFP: 7/1/06 3/29/06 Proposal Due Date 12/14/056/7/0612/14/056/7/06 RFI: 4/17/06 RFP: 7/1/06 RFI: 4/17/06 RFP: 7/1/06 Continuous Commission Action 6/1/0610/27/066/1/0610/27/06 RFP: 12/31/07 RFP: 12/31/07 Continuous

6. Program Area Research and Commercialization Collaborations (4 of 4) Project Areas Wright Centers of Innovation Research and Commercialization Programs Mega Centers Federal Matching Grants TechnologyBio Engineering and Physical Science Bio Bio All Special Factors -On-going procurement -Few highly rated proposals -No proposal limit per org. -Combines capital and operating for first time -Emphasis on platforms and commercial projects -Eminent Scholar -On-going procurement -Several highly rated proposals -Funding may be higher than planned -Two proposal limit per org -Unlimited proposals from existing WCI -Capital limited to 10% -Eminent Scholar -Emphasize commercial technology development -Initial request for interest (RFI) -State-wide meetings after RFI -Specific Commission decision to issue an RFP -Initial request for interest (RFI) -State-wide meetings after RFI -Specific Commission decision to issue an RFP Hurdles: -$10 M federal op -$2 M/yr spend rate -High visibility -3 rd Frontier technology -Not for renewals -Awards limited to 10% of federal award

7. Program Area Entrepreneurial Assistance Product Development Assistance Total Dollars Available $50,000,000$24,000,000 Project Areas Entrepreneurial Signature Program ORCGPFuel CellAdvanced Energy Technology All Power & Propulsion Individual Award Amounts Up to $15 MillionUp to $350,000$250 K to $1 Million Potential Number of Awards 4 to 66 to 1210 0 Operating and Capital 100% OperatingAny Combination Cost Share Ratio 2:1None2:1

8. Program Area Entrepreneurial Assistance Product Development Assistance Project Areas Entrepreneurial Signature Program ORCGPFuel CellAdvanced Energy Technology All Power & Propulsion Lead Eligibility OpenFor-profit Organization (for-profit, not-for-profit, university) based in Ohio or with principal place of business in Ohio, or a non-Ohio for- profit that pledges to establish an Ohio presence. For-profit in Ohio or a Non-Ohio for-profit that pledges to establish an Ohio presence. Collaborators -Broad-base of regional collaborators -Involve incubators, start up mentoring, and pre-seed funds None required Two or more organizations (University, not-for-profits, for-profit) with significant Ohio presence Scope Eligibility -Support for start-up and growth of new technology based companies -Pre-seed capital formation -Attraction and retention of entrepreneurial management -Market entry for firms with Phase II SBIR, STTR, or ATP grants that are complete -IP protection -Market analysis -Business development -Supply chain -Cost engineering -Develop and commercialize new products, processes, and cost reduction technologies -Adapting or modifying components -Preference for Federally supported technologies -No hydrogen infrastructure -Energy storage product development and commercialization

9. Program Area Entrepreneurial Assistance Product Development Assistance Project Areas Entrepreneurial Signature Program ORCGPFuel CellAdvanced Energy Technology All Power & Propulsion RFP Release Date 4/12/0610/2/069/1/06Not Scheduled Proposal Due Date 6/28/0612/11/0611/10/06Not Scheduled Commission Action 9/6/063/2/072/2/07Not Scheduled Special Factors -Up to $2 Million pre-seed funding per project year -Stand alone pre-seed funds may request amounts of $1-2 Million -Applicant must represent one of six state regions defined by legislation -Up to one proposal per region will be funded -Program is being positioned closer to commercialization -Applicants must have recently completed a Phase II SBIR, STTR, or ATP -Limit award of one grant to an organization -The RFP will be moved closer to commercialization -Expect greater clarity of business models and supply chains -Limit to two proposals per applicant -This project area was not recommended by the Third Frontier Advisory Board

10. Program Area Company Attraction Unallocated Total Dollars Available $16,000,000$50,000,000 Project Areas Targeted Industry Attraction Program Targeted Industry Attraction Grants To Be Determined (TBD) Technology Biosciences, Advanced Polymer, I.C.E. Biosciences, Advanced Polymer, I.C.E., Fuel Cells All Individual Award Amounts Up to $1,000,000$1,000,000TBD Potential Number of Awards 3Up to 15TBD Operating and Capital 100% Operating Any combination of capital and operating Cost Share Ratio OpenNot RequiredTBD Lead Eligibility Not-for-Profit New to Ohio for-profit company activity TBD Collaborators None Required TBD

11. Program Area Company Attraction Unallocated Project Areas Targeted Industry Attraction Program Targeted Industry GrantsTo Be Determined Technology Biosciences, Advanced Polymer, I.C.E. Biosciences, Advanced Polymer, I.C.E., Fuel Cells All Scope Eligibility -Develop value proposition -Identify and qualify attraction targets -Interface to close deals -Grants to secure location to Ohio of new-to-Ohio activity TBD RFP Release Date 3/29/06 TBD Proposal Due Date 6/21/06ContinuousTBD Commission Action 9/13/06ContinuousTBD Special Factors Two year grants to support attraction of companies based on technological assets of Ohio Continuous program that will be measured against a set of standards for funding Funds to be reserved for exceptional opportunities that arise during the Third Frontier Project period

12. FY 06-07 Third Frontier Budget Summary Research & Commercialization Collaborations Total$241,200,000* Entrepreneurial Support Total$50,000,000 Product Development Assistance Fuel Cell$20,000,000 ORCGP$ 4,000,000 Total$24,000,000 Company Attraction Total$16,000,000 Unallocated Total$50,000,000 Administrative/Outreach Minority/Rural Outreach$ 500,000 Administrative Expenses$ 8,490,000 Total$ 8,990,000 GRAND TOTAL$390,190,000 * $100 million from Wright Capital Fund