The Ohio State University

05/16/2024 | Press release | Distributed by Public on 05/16/2024 13:34

Carmenton district to get new Commercialization and Entrepreneurship Center

16
May
2024
|
15:30 PM
America/New_York

Carmenton district to get new Commercialization and Entrepreneurship Center

Trustees also set tuition and fee rates for the 2024-25 academic year

The Ohio State University

The Ohio State University Board of Trustees on Thursday approved a plan to develop a Commercialization and Entrepreneurship Center in the Carmenton district.

The building will be located near the Pelotonia Research Center and Energy Advancement and Innovation Center. SciTech, an affiliated real estate entity of the university, will develop the five-story, approximately 120,000-square-foot multitenant building supporting research and technology uses.

The Center for Software Innovation, announced last year as part of a historic $110 million giftfrom entrepreneur and investor Ratmir Timashev, will occupy 38,000 square feet in the top two floors.

The Commercialization and Entrepreneurship Center "maintains momentum in the innovation district," Amanda Hoffsis, vice president of planning, architecture and real estate, told trustees of the Master Planning and Facilities committee on Thursday.

Carmenton is home to more than $900 million of public and private support and more than 350 acres of land re-imagined for development, which includes:

  • The Pelotonia Research Center, a state-of-the-art laboratory building where researchers collaborate across disciplines.
  • The James Outpatient Care, which houses Central Ohio's first proton therapy treatment, in partnership with Nationwide Children's Hospital.
  • The Energy Advancement and Innovation Center, dedicated to bringing smart and sustainable energy systems research and other innovations to market, in partnership with ENGIE.

Trustees also set rates for tuition and feesfor the 2024-2025 academic year. The proposal includes continuation of the Ohio State Tuition Guarantee, which provides cost certainty in tuition, housing and dining costs for new, in-state students for four years.

Ohio State offers a world-class education at a lower cost than the majority of peer institutions. For in-state students, the university is the second most affordable of any school with a selective admission process in Ohio. In the expanded Big Ten Conference, 10 of the 18 schools are more expensive than Ohio State.

The university expects to distribute more than $465 million in financial aid in fiscal year 2024. Since fiscal year 2015, $305 million in additional need-based financial aid has supported more than 45,000 low- and moderate-income Ohioans.

Board members in the Research, Innovation and Strategic Partnerships committee meeting also heard from a panel of Buckeye innovators - a member of an Ohio State-led accelerator, a recent alum and a professor - who are all making strides in entrepreneurial innovation:

  • Katie Garry is the founder of Seek, a company that created the first at-home lab test to measure how alcohol impacts women's health. The New York City native chose Techstars Columbus Powered by The Ohio State University, the university's accelerator program for entrepreneurslaunched last year, to boost her startup.
  • Adithya Ramaswami is a recent alum who helped launched ParaWave, a startup that uses drones for first responders to assist during emergencies by providing a birds-eye view to help triage patients. ParaWave was part of the first President's Buckeye Acceleratorcohort.
  • Emre Koksal is a professor of electrical and computer engineering at Ohio State and the university's 2024 Innovator of the Year. He holds 10 patents and is the founder and chief scientist of FenixPyre, an Ohio State startup company specializing in data security.

Trustees celebrated Hiroyuki Fujita, the board chairman and a trustee since 2016, for his service to the university. As his term on the board ends, John Zeiger, vice chair, will replace Fujita as chairman. Zeiger was appointed to the board in 2017 and his term ends in 2026.

The following actions were taken during the full board meeting:

Expressions of appreciation for Jay Kasey and Gene Smith
Trustees recognized two longtime administrators ahead of their retirement. Jay Kasey, senior vice president of Administration and Planning, is retiring in the summer after nearly 17 years at Ohio State. Gene Smith, senior vice president and Wolfe Foundation Endowed Athletic Director, will leave after leading the country's largest and one of its most successful athletic programs for 19 years.

Naming of the Monda Student Resource Center approved
The board approved the naming of the Buckeye Resource Center, which will work to serve students impacted by financial insecurity by providing resources from the Buckeye Food Alliance Food Pantry and Career Closet. It will also create opportunities for campus and community partners to provide additional support in a centralized program. The naming recognized Keith D. Monda, who has provided significant contributions to the Office of Student Life.

New professional master's degree established
The board approved the creation of a Professional Master of Applied Aeronautics in the College of Engineering, based on growing demand for skilled employees in this field.

Completion Plan approved
The board approved the 2024-26 Completion Plan, whereby the state requires each Ohio institution of higher education every two years to adopt a strategic completion plan designed to increase the number of degrees and certificates awarded to students.

University Foundation report approved
The board approved the report as of March 31, 2024, which includes the establishment of one endowed distinguished chair: the Jeri B. Block and Robert H. Schottenstein Distinguished Chair in Cancer; two endowed professorships: the Dr. Chris Lee Endowed Professorship in Korean and The Daniel Tanner Foundation Endowed Professorship in Curriculum Studies on Adolescence and Democracy; one endowed directorship: the Sarah Ross Soter Women's Health Research Program Directorship; one endowed fellowship: the Arthur Mirsky Geology Fellowship Endowment Fund; one designated professorship: the Designated Professorship in Women's, Gender and Sexuality Studies; nine scholarships as part of the Scarlet & Gray Advantage Endowed Matching Gift Program; 18 additional named endowed funds; and the revision of 26 named endowed funds.

Personnel actions approved
Trustees approved the following appointments and extensions:

  • The appointment of Jake Diebler as head coach of the men's basketball team for a term running through April 30, 2029.
  • The extensions of appointments for the following:
    • Eric Anderman, interim dean and director, Mansfield campus, through Aug. 14, 2024.
    • William MacDonald, dean and director, Newark campus, through July 31, 2024.
    • Gregory Rose, dean and director, Marion campus, through Aug. 31, 2024.
    • Karla Zadnik, interim dean, College of Public Health, through July 31, 2024.

Resolutions in Memoriam approved

  • Leonard L. Baird, faculty emeritus, professor of higher education and student affairs in the Department of Educational Studies, who died on Dec. 10, 2023, at age 83.
  • Eula "Bernice" Hall, assistant professor emerita in the College of Food, Agricultural, and Environmental Sciences, who died on Sept. 11, 2021.
  • Donald E. Kimmet, associate professor emeritus in the College of Food, Agricultural, and Environmental Sciences, who died on Oct. 20, 2021.
  • David R. Miskell, associate professor emeritus in the College of Food, Agricultural, and Environmental Sciences, who died on Jan. 4, 2024.
  • Byron H. Nolte, professor emeritus in what is now the Department of Food, Agricultural and Biological Engineering in the College of Food, Agricultural, and Environmental Sciences, who died on Feb. 12, 2023.
  • Herbert W. Ockerman, professor emeritus in the Department of Animal Sciences in the College of Food, Agricultural, and Environmental Sciences, who died on Jan. 11, 2024, at age 91.
  • William "Bill" Phillips, associate professor emeritus in College of Food, Agricultural, and Environmental Sciences, who died on April 20, 2023.
  • Charles J. Reutter, associate professor emeritus in the College of Food, Agricultural, and Environmental Sciences, who died on Jan. 19, 2022.
  • Glen H. Schmidt, professor emeritus in the Department of Animal Sciences in the College of Food, Agricultural, and Environmental Sciences, who died on Dec. 10, 2023, at age 92.
  • Edward Lee Smith, assistant professor emeritus in the College of Food, Agricultural, and Environmental Sciences, who died on Feb. 28, 2022.

Professional services and construction contracts approved
The board authorized the university to enter into or increase professional service and construction contracts for the following projects:

  • Waterman Farms infrastructure improvements
    Professional services totaling $1.4 million, to be paid for with university funds.
  • James Outpatient Care: Nuclear medicine expansion
    Professional services totaling $300,000, to be paid for with auxiliary funds.
  • Department of Economics relocation to Bricker Hall
    Professional services and construction totaling $10.3 million, to be paid for with university funds.
  • Microelectric Commons
    Professional services and construction totaling $4.3 million, to be paid for with partner funds.

Board committee appointments ratified
The board approved the ratification of committee appointments for fiscal year 2024-25 as follows:

Academic Affairs & Student Life

  • Jeff M.S. Kaplan, chair
  • Elizabeth A. Harsh, vice chair
  • Elizabeth P. Kessler
  • Reginald A. Wilkinson
  • Michael Kiggin
  • Pierre Bigby
  • Bradley R. Kastan
  • Joshua H.B. Kerner
  • Eric Bielefeld (faculty member)
  • Hiroyuki Fujita (ex officio)

Finance & Investment

  • Tomislav B. Mitevski, chair
  • James D. Klingbeil, vice chair
  • John W. Zeiger
  • Gary R. Heminger
  • Lewis Von Thaer
  • Michael Kiggin
  • Pierre Bigby
  • George A. Skestos
  • Taylor A. Schwein
  • Amy Chronis
  • Kent M. Stahl
  • Hiroyuki Fujita (ex officio)

Legal, Audit, Risk & Compliance

  • Elizabeth P. Kessler, chair
  • Michael Kiggin, vice chair
  • Alan A. Stockmeister
  • Jeff M.S. Kaplan
  • Elizabeth A. Harsh
  • Juan Jose Perez
  • Bradley R. Kastan
  • Joshua H.B. Kerner
  • Amy Chronis
  • Hiroyuki Fujita (ex officio)

Master Planning & Facilities

  • Alan A. Stockmeister, chair
  • Reginald A. Wilkinson, vice chair
  • Elizabeth A. Harsh
  • Pierre Bigby
  • George A. Skestos
  • Joshua H.B. Kerner
  • James D. Klingbeil
  • Robert H. Schottenstein
  • Hiroyuki Fujita (ex officio)

Research, Innovation & Strategic Partnerships

  • Lewis Von Thaer, chair
  • Reginald A. Wilkinson, vice chair
  • Juan Jose Perez
  • Bradley R. Kastan
  • George A. Skestos
  • Taylor A. Schwein
  • Phillip Popovich (faculty member)
  • Hiroyuki Fujita (ex officio)

Talent, Compensation & Governance

  • John W. Zeiger, chair
  • Elizabeth P. Kessler, vice chair
  • Alan A. Stockmeister
  • Gary R. Heminger
  • Lewis Von Thaer
  • Jeff M.S. Kaplan
  • Tomislav B. Mitevski
  • Hiroyuki Fujita (ex officio)

Wexner Medical Center

  • Leslie H. Wexner, chair
  • Alan A. Stockmeister
  • John W. Zeiger
  • Gary R. Heminger
  • Tomislav B. Mitevski
  • Juan Jose Perez
  • Taylor A. Schwein
  • Stephen D. Steinour
  • Robert H. Schottenstein
  • Cindy Hilsheimer
  • Amy Chronis
  • Hiroyuki Fujita (ex officio, voting)
  • Walter E. Carter (ex officio, voting)
  • Karla Zadnik (ex officio, voting)
  • Michael Papadakis (ex officio, voting)
  • John J. Warner (ex officio, voting)

Finance Committee, Wexner Medical Center

  • Stephen D. Steinour, chair
  • John W. Zeiger
  • Tomislav B. Mitevski
  • Juan Jose Perez
  • Amy Chronis
  • John J. Warner
  • Michael Papadakis

Fiscal year 2025 operating budget approved
The board approved the operating budget for the fiscal year ending June 30, 2025.

Personnel actions approved
The board approved the following faculty appointments:

  • Amit Agrawal has been appointed associate professor (John & Christine Olsen Professorship in Head and Neck Surgical Oncology) in the College of Medicine for a term running from May 1, 2024, through June 30, 2028.
  • Anish Arora has been appointed professor and chair (Distinguished Professor of Engineering) in the College of Engineering for a term running from Aug. 15, 2024, through June 30, 2029.
  • Scott Campbell has been appointed professor (Margaret Hall and Robert Randall Rinehart Chair) in the College of Arts and Sciences for a term running from July 1, 2024, through June 30, 2029.
  • Jared Gardner has been appointed professor (Secretary of the University Senate) in the Office of Academic Affairs for a term running from June 1, 2024, through June 30, 2027.
  • John Grecula has been appointed professor (John & Christine Olsen Professorship in Head and Neck Radiation Oncology) in the College of Medicine for a term running from May 1, 2024, through June 30, 2028.
  • Tamar Gur has been appointed associate professor (Sarah Ross Soter Women's Health Research Program Directorship) in the College of Medicine for a term running from May 1, 2024, through June 30, 2028.
  • Oscar Harari has been appointed associate professor (Helen C. Kurtz Chair in Neurology) in the College of Medicine for a term running from March 1, 2024, through June 30, 2028.
  • Aeriel Leonard has been appointed assistant professor (Distinguished Assistant Professor of Engineering Inclusive Excellence) in the College of Engineering for a term running from Aug. 15, 2024, through June 30, 2029.
  • Xuefeng Liu has been appointed professor (Professorship in Cellular and Molecular Biology) in the College of Medicine for a term running from March 1, 2024, through June 30, 2028.
  • Jun Liu has been appointed professor (Hazel C. Youngberg Trustees Distinguished Professorship) in the Office of Academic Affairs for a term running from July 1, 2024, through June 30, 2029.
  • Matthew Ohr has been appointed professor (Carl M. and Grace C. Baldwin Chair in Ophthalmology) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Kristine Orion has been appointed associate professor-clinical (Philip Barbour Hardymon Professorship in Surgery) in the College of Medicine for a term running from March 1, 2024, through June 30, 2028.
  • Kevin Singh has been appointed assistant professor (John W. Wilkins Endowed Professorship of Physics) in the College of Arts and Sciences for a term running from Jan. 1, 2025, through Dec. 31, 2029.
  • Mytheli Sreenivas has been appointed professor and chair (Designated Professorship in Women's, Gender and Sexuality Studies) in the College of Arts and Sciences for a term running from March 1, 2024, through March 31, 2025.

Reappointments

  • Jaideep Anand has been reappointed professor (William H. Davis Chair in the American Free Enterprise System) in the Fisher College of Business for a term running from Sept. 1, 2024, through Aug. 14, 2029.
  • Ralph Augostini has been reappointed professor-clinical (Bob and Corrine Frick Chair in Cardiac Electrophysiology) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Krystof Bankiewicz has been reappointed professor (Gilbert and Kathryn Mitchell Chair) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Annette Beatty has been reappointed professor (Deloitte and Touche Chair in Accounting) in the Fisher College of Business for a term running from Oct. 1, 2024, through Aug. 14, 2029.
  • Doug Berman has been reappointed professor (Newton D. Baker-Baker & Hostetler Chair in Law) in the Moritz College of Law for a term running from March 15, 2024, through March 15, 2029.
  • Gail Besner has been reappointed professor (H. William Clatworthy, Jr., Professorship in Pediatric Surgery) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • David Carbone has been reappointed professor (Barbara J. Bonner Chair in Lung Cancer Research) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Colleen Cebulla has been reappointed professor (Torrence A. Makley Research Professorship) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Jordan Cloyd has been reappointed associate professor (Ward Family Surgical Oncology Designated Professorship) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Emil Coccaro has been reappointed professor (George T. Harding III, MD, Endowed Chair in Psychiatry) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Ruth Colker has been reappointed professor (Heck-Faust Memorial Chair in Constitutional Law) in the Moritz College of Law for a term running from March 15, 2024, through March 15, 2029.
  • Maged Costantine has been reappointed professor (Frederick P. Zuspan, MD, Chair in Obstetrics and Gynecology) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Glenn Daehn has been reappointed professor (Dr. Mars G. Fontana Professorship in Metallurgical Engineering) in the College of Engineering for a term running from July 1, 2024, through June 30, 2029.
  • Lian Duan has been reappointed associate professor (Honda Chair for Transportation) in the College of Engineering for a term running from Sept. 1, 2024, through June 30, 2029.
  • Vadim Fedorov has been reappointed professor (Corrine Frick Research Chair in Heart Failure and Arrhythmia) in the College of Medicine for a term running from July 1, 2024, through June 30, 2025.
  • Andrew Hendershot has been reappointed professor-clinical (Thomas F. Mauger and L. Carol Laxson Professorship for Ophthalmology Research) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Ray Hershberger has been reappointed professor (The Charles Austin Doan Chair of Medicine Funded by the Charles Austin Doan Fund) in the College of Medicine for a term running from July 1, 2024, through June 30, 2025.
  • Steve Huefner has been reappointed professor (C. William O'Neill Professorship in Law and Judicial Administration) in the Moritz College of Law for a term running from March 15, 2024, through March 15, 2029.
  • Thomas Hund has been reappointed professor (William D. and Jacquelyn L. Wells Chair at the Dorothy M. Davis Heart and Lung Research Institute) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Joel Johnson has been reappointed professor (Burn Jeng Lin, PhD and Sue Huan Lin Endowed ElectroScience Laboratory Professorship) in the College of Engineering for a term running from June 1, 2024, through June 30, 2029.
  • Bodo Knudsen has been reappointed associate professor (Henry A. Wise II, MD, Endowed Chair in Urology) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Zihai Li has been reappointed professor (Klotz Chair in Cancer Research) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Robert Magnussen has been reappointed professor (Bruce and Susan Edwards Sports Medicine Endowed Professorship) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Ernest Mazzaferri has been reappointed professor-clinical (Charles A. Bush MD Professorship in Cardiovascular Medicine) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Laxmi Mehta has been reappointed professor-clinical (Sarah Ross Soter Endowed Chair for Women's Cardiovascular Health at OSU Heart Center) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Michael Mills has been reappointed professor (Taine G. McDougal Professorship in Engineering) in the College of Engineering for a term running from July 1, 2024, through June 30, 2029.
  • Bernadette Minton has been reappointed professor and chair (Arthur E. Shepard Endowed Professorship in Insurance) in the Fisher College of Business for a term running from Sept. 1, 2024, through Aug. 14, 2029.
  • Amy Moore has been reappointed professor and chair (Robert L. Ruberg MD Alumni Chair in Plastic and Reconstructive Surgery) in the College of Medicine for a term running from Nov. 15, 2023, through June 30, 2027.
  • Raymond Noe has been reappointed professor (Robert and Anne Hoyt Designated Professorship in Management) in the Fisher College of Business for a term running from Oct.1, 2024, through Aug. 14, 2029.
  • Electra Paskett has been reappointed professor (Marion N. Rowley Chair in Cancer Research) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Blake Peterson has been reappointed professor and chair (John W. Wolfe Chair in Cancer Research) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Steven Ringel has been reappointed professor (Neal A. Smith Chair in Electrical Engineering) in the College of Engineering for a term running from July 1, 2024, through June 30, 2029.
  • Cynthia Roberts has been reappointed professor (Martha G. and Milton Staub Chair for Research in Ophthalmology) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Oded Shenkar has been reappointed professor (Ford Motor Company Chair in Global Business Management) in the Fisher College of Business for a term running from May 1, 2024, through Aug. 14, 2029.
  • Rachel Skaggs has been reappointed assistant professor (Lawrence and Isabel Barnett Endowed Professorship of Arts Management) in the College of Arts and Sciences for a term running from Aug. 15, 2024, through Aug. 14, 2029.
  • Bryan Whitson has been reappointed professor (Jewel and Frank Benson Family Research Professorship) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.
  • Yiping Yang has been reappointed professor (Jeg Coughlin Chair in Cancer Research) in the College of Medicine for a term running from July 1, 2024, through June 30, 2028.

Trustees also approved the appointment and reappointment of chairpersons, faculty professional leaves and the awarding of emeritus titles.

Degrees and certificates approved
The board approved degrees and certificates for students who have completed the requirements, to be conferred on Aug. 4, 2024.

Awarding of honorary degrees approved
The board approved the awarding of a doctor of public service, honoris causa, to Pierre Agostini and David Grann.

Naming of atrium, internal spaces
Trustees approved the following namings:

  • The Brian and Mandi Yeager Atrium between the Woody Hayes Athletic Center and the Schumaker Complex, located at 535 Schottenstein Drive
  • The following spaces in Louella Hodges Reese Hall on the Newark campus, located at 1179 University Drive:
    • The Stuart N. Parsons Plaza (outdoor plaza)
    • The Newark Campus Development Fund Atrium (room 1021)
    • The Licking County Foundation Auditorium (room 1029)
    • The Michael D. Cantlin Agora (room 0065)
    • The Lindorf Family Foundation Lounge (room 2124)
    • The Hinderer Motor Company Lounge (rooms 1020 and 1026)
    • The LeFevre Foundation Lounge (room 0001
    • The Dr. Robert A. Barnes Executive Leadership Suite (rooms 2130-2144)
  • Room 228 in the Interdisciplinary Health Sciences Center at 1645 Neil Ave. as the Generous gift from Dr. Scott and Dianne Jewell - Department of Pathology

Interim capital investment plan for fiscal year 2025 approved
The board approved the interim capital investment plan, which will allow the university to begin or continue capital projects during the period of July 1, 2024, through Aug. 31, 2024.

Ohio State Energy Partners utility system interim capital improvements plan for fiscal year 2025 approved
The board approved the plan, which authorized Ohio State Energy Partners to make capital improvements.

Digital textbook fees approved
Trustees approved digital textbook pass-through fees at all campuses for the 2025 fiscal year.

Amendment to the lease and concession agreement for the parking system and approval of the change in control approved
The board approved a sixth amendment to the 2012 parking agreement and a change in control of the concessionaire.

Faculty rule amendments approved
Trustees approved amendments to the Rules of the University Faculty.

Joint use agreement approved
The board approved the entering of a joint use agreement with the Union County Community Improvement Corp.

Authorization for designated officials to buy, sell, assign and transfer, deposit or withdraw funds from bank and investment accounts approved
Trustees approved the annual resolution to authorize the university treasurer and/or the university senior vice president for the Office of Business and Finance to undertake a variety of financial transactions on behalf of Ohio State.

Revisions to the benchmarks for the university operating funds approved
Trustees approved revisions to the benchmarks utilized to measure the operating fund's portfolio performance.

Reappointment to the Self-Insurance Board
The board approved the reappointment to the Self-Insurance Board of the following members:

  • Douglas Robinette, term ending June 30, 2026
  • Demetries Neely, term ending June 30, 2026

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