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Boards and Commissions
Last Update: 8/6/2010
Venture Capital Authority, Ohio
Status
Current
Type of Board
Permanent
Authority
R.C. 150.02
150.06
150.10
Total Membership
9
Dates of Appointment
2 on 2/1/11 and the same date each 4th year thereafter
1 on 2/1/12 and the same date each 4th year thereafter
2 on 2/1/13 and the same date each 4th year thereafter
2 on 2/1/14 and the same date each 4th year thereafter
Term Length
4 years
Ending Date of Term
January 31
Report Requirements
On January 1, file annual report on the Ohio Venture Capital Program with Clerks of the House and Senate and the chairpersons of the House and Senate standing committees concerned with economic development
Chairperson
Designated by Governor from among Authority members
Subject To Sunset Review
No
Full-time
No
Restriction on Partisan Affiliation
No
Senate Confirmation Required
Yes
Expiration Date
Appointment Authority
Governor
Membership Composition
Members with other stated qualifications, Statewide elected officials/department heads
Compensation
Expenses Only
Staff Assistance
Executive agency staff
Additional Information
None
Qualifications
Governor appoints 7 members who must have experience in the field of banking, investments, commercial law, or industry relevant to the purpose of the Ohio Venture Capital Program. Director of Development and Tax Commissioner, or their designees, are nonvoting members.