State Reps. Matt Lundy (D- Elyria) and Dan Ramos (D-Lorain) today announced $175,000 in state funding for The Great Lakes Innovation and Development Enterprise (GLIDE), located in the City of Elyria, to advance the Edison Incubator Program on the Lorain County Community College campus (LCCC).
The proposed project, known as Center for Advanced Systems Applications (CASA), would establish on LCCC’s campus an open source for university and industry partners to access state-of-the-market equipment and commercialization support in sensor packaging, testing-reliability and advanced life simulation. This project will enable GLIDE to continue its mission to provide support for existing technology companies while encouraging the creation and growth of early-stage technology companies.
“Technological advancements are critical to sustaining a prosperous economy. I am pleased to see that GLIDE will provide support to local companies that focus on technology,”Lundy said. “Thus far, GLIDE has done a fine job of fostering economic growth and helping to create high-wage jobs that promote long-term viability. I am eager to see the effects this project will have in Lorain County and the entire Northern Ohio region.”
GLIDE is the business incubator that supports all facets of the start-up development, and growth of jobs in the northeast region of Ohio. GLIDE was founded in 2001 as the result of a partnership between the Lorain County Commissioners, Lorain County Community College (LCCC), and Development.
“Lorain County Community College has repeatedly shown its ability to responsibly utilize state dollars to make the biggest impact possible. The GLIDE program has a major impact in helping to provide business and technical services to technology-based start-up businesses in our region,” said Rep. Ramos. Most importantly, it demonstrates that leaders in our region share a collective goal to attract high-skilled good paying jobs to the area and that we are willing to make the investments necessary in order to do so.”
The Ohio Development Services Agency established the Edison Incubator Program to assist technology-oriented start-ups during their concept definition and development stages. Incubators allow entrepreneurs to concentrate their limited resources on the development of their product/service by drawing upon the proven expertise and support of the incubator. GLIDE and its partners are currently in the process of applying for additional Third Frontier support for the proposed project.