Ohio HB292 establishes the Ohio Defense Commission to promote the state's defense industry.
Ohio HB292 creates the Ohio Defense Commission, which will administer a defense industry expansion program and the Ohio Defense Fund. The commission will make grants to support economic development related to the defense industry, develop strategies to promote the defense industry, and prepare the state for federal military base realignment and closure processes. The commission will also establish a defense business incubator to support startup and early-stage companies.
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