Downtown
nbc news covers 30th anny of 'a christmas story'
In a light-hearted feature titled, "Oh fudge! Cleveland celebrates 30 years of ‘A Christmas Story,’ NBC News contributor Rob Lovitt outlines the story of the film's popularity and the events surrounding its 30th anniversary.
"If you want to experience true fandom, consider a trip to Cleveland this weekend, where several thousand people are expected to gather to celebrate the 30th anniversary of that kitschy classic of holiday cheer and childhood trauma: 'A Christmas Story,'" he writes.
Friday and Saturday's anniversary celebration will feature tours, theatrical performances and appearances by cast members, including Ian Petrella (Ralphie’s brother Randy), Scott Schwartz (Flick the flagpole-licker) and Zack Ward (aka, neighborhood bully Scut Farkus).
Attendees will also be able to buy signed copies of Tyler Schwartz’ new book, “A Christmas Story Treasury,” attend a charity luncheon and see if they can avoid shooting an eye out with a genuine Red Ryder BB gun and target.
All told, Jones expects 4,000 to 5,000 people to attend the weekend festivities, which is certainly a testament to the movie’s continued appeal for both kids and adults.
Read all about it here.
"If you want to experience true fandom, consider a trip to Cleveland this weekend, where several thousand people are expected to gather to celebrate the 30th anniversary of that kitschy classic of holiday cheer and childhood trauma: 'A Christmas Story,'" he writes.
Friday and Saturday's anniversary celebration will feature tours, theatrical performances and appearances by cast members, including Ian Petrella (Ralphie’s brother Randy), Scott Schwartz (Flick the flagpole-licker) and Zack Ward (aka, neighborhood bully Scut Farkus).
Attendees will also be able to buy signed copies of Tyler Schwartz’ new book, “A Christmas Story Treasury,” attend a charity luncheon and see if they can avoid shooting an eye out with a genuine Red Ryder BB gun and target.
All told, Jones expects 4,000 to 5,000 people to attend the weekend festivities, which is certainly a testament to the movie’s continued appeal for both kids and adults.
Read all about it here.
This week, Brauhaus Cleveland LLC broke ground on the new Hofbrauhaus Cleveland in PlayhouseSquare in the most apropos fashion -- with a German oom-pah band, sausages and huge steins of beer. Project developers aim to complete the new restaurant and brewery by the end of 2014.
"Everything started in 1589 when the Bavarian kings decided the beer wasn't good enough for them, so they created their own brewery," extolled Maximilian Erlmeier, a former Hofbrauhaus Munich executive and chairman of Cincinnati Restaurant Group. "Now, every year two million people come to the Hofbrauhaus to enjoy food and great beer, and six million come to Oktoberfest. We thought, 'We should export this.'"
Hofbrauhaus Cleveland will become the latest franchise in the growing empire, which includes locations in Cincinnati, Chicago and Las Vegas. The Cleveland site will incorporate the Hermit Club and feature 24,000 square feet of space, including nearly 600 indoor seats and more than 1,000 outdoor seats in the beer garden. The famous Hofbrau beer will be brewed on site, and Bavarian dishes will be served.
The project is a huge win for PlayhouseSquare, which has in recent years developed a vibrant restaurant scene. The Hofbrauhaus project is one of the first development deals to push PlayhouseSquare's growth north towards Chester Avenue.
"We're really excited because this is one more step in PlayhouseSquare's growth," said Art Falco, President of PlayhouseSquare. "This is an incredible destination, but we want to see more young people here. With an outdoor beer garden right by CSU and PlayhouseSquare, we think this is a home run."
Source: Art Falco, Maximilian Erlmeier
Writer: Lee Chilcote
"Everything started in 1589 when the Bavarian kings decided the beer wasn't good enough for them, so they created their own brewery," extolled Maximilian Erlmeier, a former Hofbrauhaus Munich executive and chairman of Cincinnati Restaurant Group. "Now, every year two million people come to the Hofbrauhaus to enjoy food and great beer, and six million come to Oktoberfest. We thought, 'We should export this.'"
Hofbrauhaus Cleveland will become the latest franchise in the growing empire, which includes locations in Cincinnati, Chicago and Las Vegas. The Cleveland site will incorporate the Hermit Club and feature 24,000 square feet of space, including nearly 600 indoor seats and more than 1,000 outdoor seats in the beer garden. The famous Hofbrau beer will be brewed on site, and Bavarian dishes will be served.
The project is a huge win for PlayhouseSquare, which has in recent years developed a vibrant restaurant scene. The Hofbrauhaus project is one of the first development deals to push PlayhouseSquare's growth north towards Chester Avenue.
"We're really excited because this is one more step in PlayhouseSquare's growth," said Art Falco, President of PlayhouseSquare. "This is an incredible destination, but we want to see more young people here. With an outdoor beer garden right by CSU and PlayhouseSquare, we think this is a home run."
Source: Art Falco, Maximilian Erlmeier
Writer: Lee Chilcote
It's a fact that $68 of every $100 spent locally returns to the community through taxes, payroll and other expenditures. We all know that shopping small is good for the local community, but what are the real and tangible benefits behind the movement? A closer look reveals how buying local feeds our region in ways both obvious and subtle.
Since the Great Recession, more and more folks have been living the "gigging life," working multiple jobs or hopping from one project to the next in hopes of cobbling together a living budget. While that might seem arduous, it also allows those living the lifestyle to follow their true passion.
What are the kids into these days? Learning to sew, if you can believe it.
The Lorain branch of the Cleveland Public Library recently purchased sewing machines and began offering classes, and apparently they're a hit with young adults, who are interested in crafting, learning to make and repair their own clothes, and upcycling older materials into something new.
"They absolutely loved it," says branch manager Olivia Hoge of the classes that debuted this fall. "It's something old that's coming back. The idea of 'making' is becoming very prevalent in libraries."
The Lorain branch is offering additional classes in December, and Hoge says that youth involved in the effort might also hold a fashion show as part of Cleveland Fashion Week.
Sewing classes are just the tip of the iceberg when it comes to how CPL is tapping into the maker movement, however. In January, a new high-tech Maker Space will open downtown, complementing the already-diverse offerings available there.
Housed in TechCentral, a technology and learning center in the lower level of the Stokes Wing, the MakerLab will feature the latest cutting-edge tech, including graphic design software, audiovisual recording equipment, vinyl cutter, laser cutter, 3D scanner, high-definition video camera and smartboard.
"It's pretty cool," says C.J. Lynce, manager of TechCentral. "We've invested in equipment, tools and software that are high-level and professional."
"TechCentral and the MakerLab fit into our strategic priority of 'Forming Communities of Learning,'" adds Cathy Poilpre, Assistant Marketing Director with CPL. "Collectively, all the services offered in the MakerLab make CPL the center of learning for our whole community. Most people have a place they live, a place they work, and this is like a third place -- to play, engage and learn."
The TechCentral MakerLab is slated to open January 11th in the main library.
Source: Olivia Hoge, C.J. Lynce
Writer: Lee Chilcote
The Lorain branch of the Cleveland Public Library recently purchased sewing machines and began offering classes, and apparently they're a hit with young adults, who are interested in crafting, learning to make and repair their own clothes, and upcycling older materials into something new.
"They absolutely loved it," says branch manager Olivia Hoge of the classes that debuted this fall. "It's something old that's coming back. The idea of 'making' is becoming very prevalent in libraries."
The Lorain branch is offering additional classes in December, and Hoge says that youth involved in the effort might also hold a fashion show as part of Cleveland Fashion Week.
Sewing classes are just the tip of the iceberg when it comes to how CPL is tapping into the maker movement, however. In January, a new high-tech Maker Space will open downtown, complementing the already-diverse offerings available there.
Housed in TechCentral, a technology and learning center in the lower level of the Stokes Wing, the MakerLab will feature the latest cutting-edge tech, including graphic design software, audiovisual recording equipment, vinyl cutter, laser cutter, 3D scanner, high-definition video camera and smartboard.
"It's pretty cool," says C.J. Lynce, manager of TechCentral. "We've invested in equipment, tools and software that are high-level and professional."
"TechCentral and the MakerLab fit into our strategic priority of 'Forming Communities of Learning,'" adds Cathy Poilpre, Assistant Marketing Director with CPL. "Collectively, all the services offered in the MakerLab make CPL the center of learning for our whole community. Most people have a place they live, a place they work, and this is like a third place -- to play, engage and learn."
The TechCentral MakerLab is slated to open January 11th in the main library.
Source: Olivia Hoge, C.J. Lynce
Writer: Lee Chilcote
For the past six months, Red, the Steakhouse has been coming to shape in the former Volk's Jewelry & Loans building on Prospect Avenue. Throughout it all, Fresh Water photographer Bob Perkoski has been documenting the process. This slideshow follows that progress from start to finish.
On October 28, the Refugee Services Collaborative (RSC) released its first-ever study of the economic impact Cleveland’s 4,500 refugees have made on the region since 2000. Refugees are legal U.S. residents who have come here to avoid persecution in their home countries.
"We felt there were a lot of negative misconceptions about refugees, so we commissioned the economic impact study to uncover the facts," says Luanne Bole-Becker, RSC’s special projects and data management coordinator.
The report, generated by Chmura Economics and Analytics and funded through a grant from the Cleveland Foundation, shows that refugees created and sustained 650 jobs in 2012 as a result of household spending, small business creation and through the agencies in place to help them. The total economic impact was $48 million in these three areas.
“Refugees bolster the population and their spending creates jobs in the economy,” explains Chmura’s Dan Meges, economist and business development manager. “Without refugee arrivals, this spending and economic activity would be occurring somewhere else in the United States. They also increase the demand for local housing by buying or renting homes, and they increase the socio-cultural diversity of the city, which has other positive spillovers.”
RSC was formed in 2011 and grew out of dialogue between the region’s many refugee service agencies. The report shows that while refugees typically find work in food service, housekeeping, sewing, factory production work and seasonal landscaping, they are also more likely to be entrepreneurs and start small businesses once they have settled in the area.
"Refugees are positive for Cleveland,” says Bole-Becker. “While they need some initial help, it's an investment in a group of people that don't take jobs; they make jobs. We hope to increase capacity so that more refugees can be resettled here, adding to Cleveland's growth."
Meges adds, “From an analytic viewpoint, what matters is their average family income, which is estimated to be about $31,000 annually in the Cleveland area in 2012.”
More than 17,000 refugees have settled in Cleveland since 1983.
Source: Dan Meges, Luanne Bole-Becker
Writer: Karin Connelly
"We felt there were a lot of negative misconceptions about refugees, so we commissioned the economic impact study to uncover the facts," says Luanne Bole-Becker, RSC’s special projects and data management coordinator.
The report, generated by Chmura Economics and Analytics and funded through a grant from the Cleveland Foundation, shows that refugees created and sustained 650 jobs in 2012 as a result of household spending, small business creation and through the agencies in place to help them. The total economic impact was $48 million in these three areas.
“Refugees bolster the population and their spending creates jobs in the economy,” explains Chmura’s Dan Meges, economist and business development manager. “Without refugee arrivals, this spending and economic activity would be occurring somewhere else in the United States. They also increase the demand for local housing by buying or renting homes, and they increase the socio-cultural diversity of the city, which has other positive spillovers.”
RSC was formed in 2011 and grew out of dialogue between the region’s many refugee service agencies. The report shows that while refugees typically find work in food service, housekeeping, sewing, factory production work and seasonal landscaping, they are also more likely to be entrepreneurs and start small businesses once they have settled in the area.
"Refugees are positive for Cleveland,” says Bole-Becker. “While they need some initial help, it's an investment in a group of people that don't take jobs; they make jobs. We hope to increase capacity so that more refugees can be resettled here, adding to Cleveland's growth."
Meges adds, “From an analytic viewpoint, what matters is their average family income, which is estimated to be about $31,000 annually in the Cleveland area in 2012.”
More than 17,000 refugees have settled in Cleveland since 1983.
Source: Dan Meges, Luanne Bole-Becker
Writer: Karin Connelly
More than 1,300 people attended the first annual Cleveland Entrepreneurship Week last week, participating in everything from pitch sessions to speaker sessions and after-hours networking events.
Big names in the entrepreneurial community from outside the region, such as MapQuest founder Chris Heivly and managing director of The Startup Factory, were among those in attendance who helped make the event a success.
“Overall, ClevelandEW was successfully able to showcase and celebrate the growth of entrepreneurship and the unique ecosystem being created here in Northeast Ohio,” says Todd Goldstein, founder of LaunchHouse, lead sponsor of the event.
Goldstein reports that all of the EW events were well attended. “More than 300 attended LHX2013 Demo Day and the ClevelandEW opening party at LaunchHouse,” he says. “Other popular events were Startups @ The City Club, a new entrepreneurial and community-driven speaker series with the mission to educate, inspire and provoke entrepreneurial thought throughout Northeast Ohio, and the speaker sessions at Ernst and Young.”
Several of the startups in the LHX2013 Demo Day were able to secure leads, convert attendees to customers and identify potential investors. Goldstein says all 11 companies that gave pitches at Demo Day felt good, although a bit overwhelmed, about the experience.
“Right now, they are all doing a lot of follow up to the leads they made during Demo Day and ClevelandEW,” he says. “They are all rock stars to us and we are looking forward to helping them toward the next stage in their companies.”
Source: Todd Goldstein
Writer: Karin Connelly
Big names in the entrepreneurial community from outside the region, such as MapQuest founder Chris Heivly and managing director of The Startup Factory, were among those in attendance who helped make the event a success.
“Overall, ClevelandEW was successfully able to showcase and celebrate the growth of entrepreneurship and the unique ecosystem being created here in Northeast Ohio,” says Todd Goldstein, founder of LaunchHouse, lead sponsor of the event.
Goldstein reports that all of the EW events were well attended. “More than 300 attended LHX2013 Demo Day and the ClevelandEW opening party at LaunchHouse,” he says. “Other popular events were Startups @ The City Club, a new entrepreneurial and community-driven speaker series with the mission to educate, inspire and provoke entrepreneurial thought throughout Northeast Ohio, and the speaker sessions at Ernst and Young.”
Several of the startups in the LHX2013 Demo Day were able to secure leads, convert attendees to customers and identify potential investors. Goldstein says all 11 companies that gave pitches at Demo Day felt good, although a bit overwhelmed, about the experience.
“Right now, they are all doing a lot of follow up to the leads they made during Demo Day and ClevelandEW,” he says. “They are all rock stars to us and we are looking forward to helping them toward the next stage in their companies.”
Source: Todd Goldstein
Writer: Karin Connelly
input wanted for design of new convention center hotel
County residents are being asked to share their opinions as they pertain to the new Convention Center Hotel. The 650-room hotel will replace the Cuyahoga County Administrative building at Lakeside Avenue and Ontario Street and serve as the main hotel for the nearby medical mart and convention center.
Representatives from the architecture firm Cooper Carry will be in town on Wednesday, November 20th, from 5:30 to 7:00 p.m. to share preliminary designs for the new Convention Center Hotel and solicit input from local residents.
The hotel is on a fast track, with County Executive Ed FitzGerald stating a goal of a 2016 opening.
The meeting is free and open to the public.
Cleveland Public Library
Louis Stokes Wing Auditorium
325 Superior Avenue East
Questions and registration (not required): info@LAND-studio.org
Representatives from the architecture firm Cooper Carry will be in town on Wednesday, November 20th, from 5:30 to 7:00 p.m. to share preliminary designs for the new Convention Center Hotel and solicit input from local residents.
The hotel is on a fast track, with County Executive Ed FitzGerald stating a goal of a 2016 opening.
The meeting is free and open to the public.
Cleveland Public Library
Louis Stokes Wing Auditorium
325 Superior Avenue East
Questions and registration (not required): info@LAND-studio.org
writer praises city's artist recruitment program
In an International Business Times story titled “Cleveland Is Ready To Rock: Are You?” writer Ellen Killoran shares details of her experience at a recent artist recruitment weekend, during which out-of-town creatives were invited to see a plethora of benefits the city has to offer for artists seeking to relocate.
“”Welcome to Cleveland Weekend," which took place in early August, was a self-described experiment spearheaded by the Community Partnership for Arts and Culture, or CPAC, a well-endowed nonprofit dedicated to strengthening Cleveland's artist community," Killoran writes. "The clear objective of the event, the first of its kind, was to persuade these artists from other, often bigger and more expensive cities, to make Cleveland their home base.”
Killoran goes on to detail some awe-inspiring features of both the city and the program that should make Cleveland an opportunity too good to pass up.
Enjoy the lengthy feature here.
“”Welcome to Cleveland Weekend," which took place in early August, was a self-described experiment spearheaded by the Community Partnership for Arts and Culture, or CPAC, a well-endowed nonprofit dedicated to strengthening Cleveland's artist community," Killoran writes. "The clear objective of the event, the first of its kind, was to persuade these artists from other, often bigger and more expensive cities, to make Cleveland their home base.”
Killoran goes on to detail some awe-inspiring features of both the city and the program that should make Cleveland an opportunity too good to pass up.
Enjoy the lengthy feature here.
Team NEO, MAGNET, Wire-Net and Medina County Workforce Development came together as a group to secure a $1.8 million federal Make it in America grant, one of only 10 groups nationwide to receive such funding.
The money will be used to help local companies that show the potential to bring manufacturing jobs to the region.
“We will use the money to boost the growth of 25 medium-sized companies in Northeast Ohio in many areas, from product development to workforce development,” says Jay Foran, senior vice president of Team NEO. “We’re also hoping to attract new business to the region in support of those companies in biomedical, automotive and advanced engineering.”
The groups have been working together since March to apply for the grant. “So many partners saw opportunities for themselves that aligned with this grant,” says Laura Hudak, Team NEO’s vice president of finance and administration. “The opportunity to collaborate is equally important as the financial implications.”
Each group will have a different role in distributing the grant money. Team NEO will serve as administrator and work on attracting international business. WIRE-Net will work directly with the companies receiving the funds, building on its manufacturing experience. MAGNET will provide resources for job and business growth, while Medina County Workforce Development will coordinate services with area colleges and universities.
The Make it in America program is a $20.5 million Obama administration initiative designed around job creation and investment in U.S. businesses.
Source: Jay Foran, Laura Hudak
Writer: Karin Connelly
The money will be used to help local companies that show the potential to bring manufacturing jobs to the region.
“We will use the money to boost the growth of 25 medium-sized companies in Northeast Ohio in many areas, from product development to workforce development,” says Jay Foran, senior vice president of Team NEO. “We’re also hoping to attract new business to the region in support of those companies in biomedical, automotive and advanced engineering.”
The groups have been working together since March to apply for the grant. “So many partners saw opportunities for themselves that aligned with this grant,” says Laura Hudak, Team NEO’s vice president of finance and administration. “The opportunity to collaborate is equally important as the financial implications.”
Each group will have a different role in distributing the grant money. Team NEO will serve as administrator and work on attracting international business. WIRE-Net will work directly with the companies receiving the funds, building on its manufacturing experience. MAGNET will provide resources for job and business growth, while Medina County Workforce Development will coordinate services with area colleges and universities.
The Make it in America program is a $20.5 million Obama administration initiative designed around job creation and investment in U.S. businesses.
Source: Jay Foran, Laura Hudak
Writer: Karin Connelly
cle's start-up friendly landscape featured in atlantic cities piece
In an Atlantic Cities feature titled "The Passion of Young Cleveland," New York-based writer Nona Willis Aronowitz covers both the start-up friendly nature of Cleveland as well as its political importance.
"Cleveland is one of those Rust Belt cities that's too often held up as a symbol of the fall of American industry, but a critical mass of diehard young Clevelanders are either staying or coming back to turn the place around. While I was there, I heard two common reasons why Cleveland natives were staying loyal: It's an ideal place to start a business or a new project, given the low overhead and unusually strong, cohesive community support. But it's also in one of the most politically influential places in the country, in a bellwether, "real America" state that offers young people an opportunity to move the national needle."
In the feature, the writer chats with Ohio City developer Graham Veysey and his girlfriend, Marika Shiori-Clark, who says that it's “much easier to be an entrepreneur here. There’s a much lower threshold in terms of risk and price."
Read the rest right here.
"Cleveland is one of those Rust Belt cities that's too often held up as a symbol of the fall of American industry, but a critical mass of diehard young Clevelanders are either staying or coming back to turn the place around. While I was there, I heard two common reasons why Cleveland natives were staying loyal: It's an ideal place to start a business or a new project, given the low overhead and unusually strong, cohesive community support. But it's also in one of the most politically influential places in the country, in a bellwether, "real America" state that offers young people an opportunity to move the national needle."
In the feature, the writer chats with Ohio City developer Graham Veysey and his girlfriend, Marika Shiori-Clark, who says that it's “much easier to be an entrepreneur here. There’s a much lower threshold in terms of risk and price."
Read the rest right here.
san fran dining editor praises cleveland food scene
Michael Bauer, the influential restaurant critic for the San Francisco Chronicle, recently penned a feature titled "Cleveland is a city that rocks to food."
"Last week I spent a few days in Cleveland, looking at a half-dozen high-profile restaurants. I wish I could have done more," is how Bauer kicks off the lengthy travel piece.
During his visit, the food editor and restaurant critic hit Sokolowski's, Dante, Greenhouse Tavern and the Velvet Tango Room, where "I had the best whiskey sour I can remember."
Of course, he also visited the West Side Market: "I also fell in love with the West Side Market, a city-owned facility that has been in business for more than 100 years."
He concludes the piece with this nugget: "Cleveland has the energy of a food town on the rise. And, for anyone who loves music and rock and roll -- after all, it’s the home of the Rock and Roll Hall of Fame -- it’s a city worth checking out."
Read it all right here.
"Last week I spent a few days in Cleveland, looking at a half-dozen high-profile restaurants. I wish I could have done more," is how Bauer kicks off the lengthy travel piece.
During his visit, the food editor and restaurant critic hit Sokolowski's, Dante, Greenhouse Tavern and the Velvet Tango Room, where "I had the best whiskey sour I can remember."
Of course, he also visited the West Side Market: "I also fell in love with the West Side Market, a city-owned facility that has been in business for more than 100 years."
He concludes the piece with this nugget: "Cleveland has the energy of a food town on the rise. And, for anyone who loves music and rock and roll -- after all, it’s the home of the Rock and Roll Hall of Fame -- it’s a city worth checking out."
Read it all right here.
st. louis food writer eats his way through the north coast
Reporting for the St. Louis Post-Dispatch, food writer Ian Froeb shares details of his recent visit to Cleveland, where he enjoyed stops at Greenhouse Tavern, West Side Market, Cleveland Museum of Art, and the Rock and Roll Hall of Fame and Museum.
“Another Cleveland must is the West Side Market. This gorgeous (inside and out) building houses more than 100 vendors including more butcher shops than you ever thought could fit under a single roof. “
Read the full story here.
“Another Cleveland must is the West Side Market. This gorgeous (inside and out) building houses more than 100 vendors including more butcher shops than you ever thought could fit under a single roof. “
Read the full story here.
as gay games approach, cleveland increasingly in lgbt spotlight
EDGE, the largest network of online gay publications, recently published a lengthy look at Cleveland as the city prepares for the Gay Games. The feature, titled "Cleveland Prepares for Its Gay Close-Up," covers a lot of ground, giving our city a welcome nod of approval in a myriad of topics.
"For years Cleveland has been known among visitors as the home of the Rock and Roll Hall of Fame and Museum. Next year, Cleveland will add another notable event to its history when it hosts Gay Games 9," writes Heather Cassell. "I was instantly charmed by Cleveland. The Midwestern city is endearing and modern at the same time that it celebrates its history."
"It’s not a plain vanilla city," David Gilbert of Positively Cleveland is quoted in the piece. "There’s a real sort of grittiness and a little bit of a quirkiness about Cleveland that makes it really a special place to visit."
"It’s a great thing for gay people and it’s an excellent thing for Cleveland," adds Jim Miner, who owns the Clifford House Bed and Breakfast. "I’m glad they picked the Midwest place. It’s going to rock a few people’s boats a little bit, but so what?"
Read the rest of the good news here.
"For years Cleveland has been known among visitors as the home of the Rock and Roll Hall of Fame and Museum. Next year, Cleveland will add another notable event to its history when it hosts Gay Games 9," writes Heather Cassell. "I was instantly charmed by Cleveland. The Midwestern city is endearing and modern at the same time that it celebrates its history."
"It’s not a plain vanilla city," David Gilbert of Positively Cleveland is quoted in the piece. "There’s a real sort of grittiness and a little bit of a quirkiness about Cleveland that makes it really a special place to visit."
"It’s a great thing for gay people and it’s an excellent thing for Cleveland," adds Jim Miner, who owns the Clifford House Bed and Breakfast. "I’m glad they picked the Midwest place. It’s going to rock a few people’s boats a little bit, but so what?"
Read the rest of the good news here.
Since 2008, the Cuyahoga County North Coast Opportunities (NCO) Technology Fund has been helping high growth technology companies thrive and create jobs, and the deadline for the latest round of funding is November 18.
NCO provides deferred loans ranging from $25,000 to $125,000 at an interest rate of five percent. Repayment is deferred for five years or until the company receives $1.5 million in follow-on funding. NCO offers six rounds of funding per year, awarding money to one company each round.
“The program was created to accelerate tech-based entrepreneurs and create new jobs,” says Greg Zucca, senior development finance analyst for the Cuyahoga County Department of Development. Since it started, the fund has invested $2.6 million in 26 companies. Those companies have gone on to raise $19 million in follow-on funding, created 77 jobs and added $4.6 million in annual payroll.
While Cuyahoga County provides the loans, JumpStart provides the assistance to help the companies grow and thrive. “JumpStart assists through programs like its Entrepreneur in Residence and makes recommendations for places the companies can go to get follow-on funding,” says Zucca.
The hope is to develop early stage companies that have potential to boost the regional economy. “It’s good for Northeast Ohio because there are a lot of early stage companies here,” says Zucca. “We’re really trying to feed the system and create a continuum for these companies as they are maturing.”
Source: Greg Zucca
Writer: Karin Connelly
NCO provides deferred loans ranging from $25,000 to $125,000 at an interest rate of five percent. Repayment is deferred for five years or until the company receives $1.5 million in follow-on funding. NCO offers six rounds of funding per year, awarding money to one company each round.
“The program was created to accelerate tech-based entrepreneurs and create new jobs,” says Greg Zucca, senior development finance analyst for the Cuyahoga County Department of Development. Since it started, the fund has invested $2.6 million in 26 companies. Those companies have gone on to raise $19 million in follow-on funding, created 77 jobs and added $4.6 million in annual payroll.
While Cuyahoga County provides the loans, JumpStart provides the assistance to help the companies grow and thrive. “JumpStart assists through programs like its Entrepreneur in Residence and makes recommendations for places the companies can go to get follow-on funding,” says Zucca.
The hope is to develop early stage companies that have potential to boost the regional economy. “It’s good for Northeast Ohio because there are a lot of early stage companies here,” says Zucca. “We’re really trying to feed the system and create a continuum for these companies as they are maturing.”
Source: Greg Zucca
Writer: Karin Connelly
Cleveland is home to a vibrant collection of women-owned businesses, many of which are in fields traditionally dominated by men. From manufacturing to moving, these heavy lifting ladies credit their success to hard work and a soft touch.
d.c. streets covers major policy shift at local planning agency
In a DC Streets Blog post titled "In Cleveland, An Old-School Planning Agency Sees the Light," writer Angie Schmitt writes of the dramatic turn around currently talking place at Northeast Ohio Areawide Coordinating Agency (NOACA), a topic Fresh Water recently covered in depth.
"NOACA was so notoriously averse to change and ineffectual that it acquired the nickname NO ACTION," Schmitt writes. "But as impossible as it seemed even a year ago, things are changing at NOACA. They’re changing fast, and for the better. Last year the agency hired a new director, Grace Gallucci, who had been the head of finance for the Chicago Transit Authority. Since the Cleveland native assumed her role at the head of the NOACA, the region agency has adopted a completely different tenor."
Read more about how the local planning agency is shifting gears here.
"NOACA was so notoriously averse to change and ineffectual that it acquired the nickname NO ACTION," Schmitt writes. "But as impossible as it seemed even a year ago, things are changing at NOACA. They’re changing fast, and for the better. Last year the agency hired a new director, Grace Gallucci, who had been the head of finance for the Chicago Transit Authority. Since the Cleveland native assumed her role at the head of the NOACA, the region agency has adopted a completely different tenor."
Read more about how the local planning agency is shifting gears here.
as preview to own bus rapid transit, michigan paper covers rta healthline success
In the Macomb Daily, the paper of record for Michigan's Macomb County, an article titled "Cleveland's bus rapid transit offers glimpse into metro Detroit proposal" gives locals a taste of what they can expect based on Cleveland's success with the HealthLine.
Writer Ryan Felton states that, "the Greater Cleveland Regional Transit Authority has vastly improved public transportation in the region so dramatically that it commonly receives high marks from national groups and observers for making use of its system a breeze."
"At the core, the authority’s HealthLine, a 6.8-mile bus rapid transit route that spans bustling Euclid Avenue in this city’s downtown, offers a glimpse of an example that metro Detroit residents could expect from a similarly proposed system the Southeast Michigan Regional Transit Authority has floated in recent months."
Calling the BRT system "one of the biggest catalysts for new development" in the area, the RTA's Joseph A. Calabrese states, “In the midst of the worst recession we’ve ever seen, almost everything positive happening is happening on Euclid Avenue."
Check out the rest of story here.
Writer Ryan Felton states that, "the Greater Cleveland Regional Transit Authority has vastly improved public transportation in the region so dramatically that it commonly receives high marks from national groups and observers for making use of its system a breeze."
"At the core, the authority’s HealthLine, a 6.8-mile bus rapid transit route that spans bustling Euclid Avenue in this city’s downtown, offers a glimpse of an example that metro Detroit residents could expect from a similarly proposed system the Southeast Michigan Regional Transit Authority has floated in recent months."
Calling the BRT system "one of the biggest catalysts for new development" in the area, the RTA's Joseph A. Calabrese states, “In the midst of the worst recession we’ve ever seen, almost everything positive happening is happening on Euclid Avenue."
Check out the rest of story here.