MONEY SOURCES Taft's Third Frontier

The governor's project targets advanced materials, biomedicine, power and propulsion, information technology and instruments, controls and electronics. The $1.6 billion to make it happen would come from:
$100 million available immediately for the Innovative Ohio Loan Fund, a revolving fund that would sustain itself through repayments, said Chad Munitz, the state's assistant deputy director of economic development.
The remaining $1.5 billion will be disbursed equally over 10 years, Munitz said. That money will come from four sources, including $50 million a year in capital funds to create a Wright Brothers Center for Innovation; $20 million for a biomedical research and development center; and two other centers focusing on two of the governor's other targeted areas.
Another $50 million a year in capital funds would be used to operate the centers, if approved for that use by voters.
The final $50 million per year will come from current programs, with $15 million from the Technology Action Fund and $35 million from the Biomedical Research Technology Transfer Commission.
Source: Ohio Department of Development