1. Growing Northeast Ohio’s High Tech Economy February 17, 2010 1 Hudson Library & Historical Society 2010 Entrepreneurship and Small Business Series

2. About NorTech NorTech, the Northeast Ohio Technology Coalition, is the Champion for growing the high tech economy in Northeast Ohio. We are the only organization that focuses solely on our high tech economy, across all sectors. We have one, unwavering purpose: To champion success in Northeast Ohio’s high tech economy. How? We marshal resources and forge collaborations to drive growth. 2

3. % CHANGE IN EMPLOYMENT FROM 2004 NEO 2008 ANNUAL WAGES High Tech Industries Growing Steadily While Non-High Tech Industries Declining NEO EMPLOYMENT TREND 2004 - 2008 181k Jobs 1,802k Jobs NEO 2008: 1.98M JOBS 6,499 jobs -25,670 jobs Source: Quarterly Census of Employment and Wages (ES202) 3

4. Ohio Third Frontier A 10‐year, $1.6 billion program that has become the centerpiece of the State’s technology‐based economic development platform through a balanced portfolio of investments in: – research and commercialization – entrepreneurial assistance – cluster development o biomedical, medical imaging, fuel cells, photovoltaics, advanced energy, advanced materials, and sensors – expansion of the talent pool 4

5. Third Frontier Update and Bond Renewal Economic impact of $6.6 billion Created 41,300 jobs and a return on the state’s investment of 10-to-1 in its first seven years. $700 million, four year renewal of the Ohio Third Frontier Program set for May 2010 ballot. Ohio Third Frontier public campaign meeting on Feb. 23, 10:30 am at Holiday Inn in Independence. United for Jobs and Ohio’s Future. Register at www.nortech.org. 5

6. NorTech’s Strategy Accelerating technology development in its earliest stages to help move innovations from the lab into the marketplace. Driving growth in our region’s high tech industries with a current focus on Advanced Energy and Flexible Electronics. Expanding state and federal funding to support Early Stage Technology Commercialization and targeted Industry Cluster Building. EARLY STAGE COMMERCIALIZATION INDUSTRY BUILDING ADVANCED ENERGY FLEXIBLE ELECTRONICS GOVERNMENT ENGAGEMENT and PUBLIC POLICY Increasing awareness, monitoring progress, scanning for gaps, and seizing new opportunities to continue to grow our high tech economy. 6

7. Our Advanced Energy Journey Third Frontier Fuel Cell Program Wright Fuel Cell Group Ohio Fuel Cell Coalition Initial Offshore Wind Exploration Great Lakes Science Center Turbine Great Lakes Wind Network The Cleveland Foundation Energy Fellow Third Frontier Advanced Energy Program Great Lakes Energy Institute NorTech Focuses on Advanced Energy TechLift Advanced Energy EIR Warren Incubator Funding Appropriated Akron Biogas Plant Global Financial Crisis “The Stimulus Package” (ARRA) Obama Elected President NorTech and The Cleveland Foundation Partnership 7 Great Lakes Energy Development Task Force 2003200420052006200720082009 Bioscience Consortium OH Alternative Energy Portfolio Std.

8. Snapshot of the our Advanced Energy Industry Cluster 8 www.NorTech.org/OurStrengths/AdvEnergy

9. NorTech’s Advanced Energy Initiative 9

10. NorTech’s Advanced Energy Projects 10 Lake Erie Energy Development Corporation (LEEDCo) A regional non-profit organization to accelerate offshore wind deployment in Lake Erie. NorTech will work in partnership with the Great Lakes Energy Development Task Force to develop and launch LEEDCo. Warren Technology & Business Center for Energy Sustainability A cleantech incubator that will nurture smart-grid, energy storage and advanced building material companies. NorTech will develop a business strategy, operational plan, and governance structure to develop and launch the incubator.

11. Flexible Electronics Initiative Goal: To cultivate a flexible electronics cluster – Electronic devices that bend and fold such as displays, photovoltaics, batteries, and sensors. – Fabricated using a full range of flexible materials (organic, inorganic, hybrid) and processes (printing and vacuum; batch and roll-to-roll) – Enabling a broad range of possible end-use applications for consumer, industrial, healthcare, and military markets. 11

12. Flexible Electronics Initiative – Leveraging research strengths at Kent State University and University of Akron – Supply chain partners and established companies producing products, ie. Kent Displays, AlphaMicron – Industry Roadmap funded by GAR Foundation analysis of the industry sector address gaps and opportunities determine size and scope of emerging industry plot a course for future growth 12

13. Conclusion NorTech is committed to developing world class technology industry clusters in Northeast Ohio. – To create jobs and economic impact in our region. To learn more about NorTech go to nortech.org. You can also sign up to receive news and events info from NorTech by sending an email to info@nortech.org. 13