Downtown

jumpstart report shows the economic value of small start-ups
Young, tech-based companies have a major impact on Northeast Ohio’s economy. In a report created by Cleveland State University and commissioned by JumpStart, 90 startup companies generated $155 million in revenue and created 1,000 jobs in 2010.
 
“Our objective with this report is to make sure people know why entrepreneurship is important to the community,” says Cathy Belk, chief relationship officer with JumpStart. “These are all early-stage companies. There were no mature companies or public companies included."
 
The study asked nearly 200 JumpStart client companies for feedback on revenue and jobs. The survey results are based on the 90 who responded. “This report is a real benefit to the community,” says Belk. “These numbers really make that quantitative and understandable.”
 
The companies surveyed increased state and local tax revenues by $7.5 million and federal tax revenues by $10.8 million, for an overall 2010 tax impact of $18.3 million. “The companies themselves are sometimes beneficiaries of state and federal monies, and that money is being returned to the government as the companies grow.”
 
Belk sees the report as an optimistic view of the future for the entrepreneurial climate in Northeast Ohio. “This offers a lot of promise,” she says. “A lot of these companies are going to continue to grow and continue to create jobs. Imagine what this will look like in five years.”

 
Source: Cathy Belk
Writer: Karin Connelly
small business conference expected to draw 2,000 entrepreneurs
The Council of Smaller Enterprises (COSE) is holding its seventh annual small business conference on October 19th and 20th at the I-X Center in Cleveland. The event is the only one of its kind designed specifically for small business owners looking for an opportunity to learn, network and work together with other small businesses.
 
“Basically we put this together because we saw a gap in the marketplace for this kind of conference,” says Steve Millard, COSE president and executive director. “There aren’t a whole lot of places you can go as a small business owner. This two day conference is a chance to come together and be with other small business owners who understand the pressures of what they go through.”
 
The conference will feature 55 workshops on sales, marketing, HR, money, social media, technology, as well as personal and professional development. There will also be a 75-booth trade show, networking opportunities, interactive learning labs, and peer-to-peer roundtables on topics pertinent to small businesses.
 
Keynote speakers will be Daymond John, creator of FUBU and panelist on the ABC reality show “Shark Tank” and Jeffrey Rapport, a digital marketing, sales and e-commerce expert and founder and chairman of Marketspace, LLC.
 
Additionally, a panel of four local successful business owners will share their stories and the ups and downs of becoming successful. “It’s an opportunity to learn from others,” says Millard. “It’s a lot of energy, a lot of fun.”
 
The conference has earned a national reputation, and attendees have come from as far as California and Canada, says Millard. Organizers expect 2,000 small business owners to attend this year.

 
Source: Steve Millard
Writer: Karin Connelly
what's working in cities: placemaking
As an approach to planning, designing and managing public spaces, “placemaking” is gaining momentum across the country. This strategy gives local residents a voice in shaping new development so that addresses their needs as opposed to those of the developers. Simply put, placemaking is likely the best path to improving a neighborhood, city or region.
local filmmaker johnny wu unveils superman fan film
It took local filmmaker Johnny Wu roughly nine months to produce &quot;S: A Superman Fan Film,&quot; an 18-minute tribute to the Cleveland-born Man of Steel.<br />
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&quot;We did it cause we wanted to pay tribute to our Cleveland born hero Superman,&quot; Wu says.<br />
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The lengthy process required about three to four months in preproduction, four and a half days of shooting, and about five months in post-production, explain Wu, who acted as director, producer, and editor on the movie.<br />
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Wu says that he will be submitting the live-action comic book film to several festivals that accept fan films.<br />
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short film is entered for 'changing your city for the better' contest
For the "Changing Your City for the Better" contest, Siemens asked people to create short videos that explore how improvements in sustainability, energy supply, urban infrastructure and mobility can change a city for the better.
 
Working under very tight deadlines, local filmmakers Joe Baur and Dave Kiss produced this extremely insightful short film.
 
"We found out about the contest pretty late and, long story short, had only 48 hours to put the project together," says Baur. "We're very grateful that Mary McCahon, Ken Prendergast and Will Tarter, Jr. were able to fit us in at the last minute. Not to mention grateful to the Healthline for showing up pretty much every time we needed it to!"
 
Winners will be selected in the next few weeks, with prizes ranging from $550 to $15,000.

cle to host 2011 individual world poetry slam
Held in Cleveland October 12 through 15, the Individual World Poetry Slam (iWPS) is a performance poetry tournament designed for individual competition. Poets from all over the world meet and compete in a multi-day performance poetry contest.
 
For more info, click here.
u.s. undersecretary of commerce, frank lavin to speak tonight at union club
The Cleveland Council on World Affairs (CCWA) will once again be hosting former U.S. Undersecretary of Commerce, Frank Lavin tonight in its speaker series at the Union Club of Cleveland. Lavin, who recently co-published the book "Export Now," will talk about strategies for success in exporting to a global market.
 
“He is a great speaker and a great resource for organizations in the area,” says Jana Krasney, director of speaker programs for CCWA. “What Frank Lavin says in his book is that small and mid-sized companies are hesitant to go global because they might not think they have the resources, but they do and it’s very important.”
 
As chairman of public affairs for Edelman Asia Pacific, Lavin has worked with over 2,000 US companies to formulate export strategies. His talk will center on five keys to going global, in particular in the Asian market. “Lavin points out that US exports to China have grown tremendously in the last decade,” says Krasney. Tonight he will share his knowledge and expertise with companies and individuals interested in tapping that market.
 
CCWA is expecting about 50 to 75 participants in tonight’s presentation. Krasney says intentionally keep the audience small for plenty of one-on-one participation. “Lavin always stays to make sure people who want to ask specific questions will have an opportunity to do so,” she says.
 
The cost is $20 for members, $30 for non-members and $10 for students. People can registers on CCWA’s website. Registration begins at 6 p.m., followed by the program at 6:15 p.m. and a reception.

 
Source: Jana Krasney
Writer: Karin Connelly
new deal with texas instruments leads linestream to 'double in size by next year'
LineStream Technologies is growing by leaps and bounds in the automated software control market. The company was created in 2008 as a spinoff out of research done by CSU’s Zhiqiang Gao, director of the Center for Advanced Control Technologies and focuses on commercializing and simplifying control software.
 
Basically, LineStream products increase efficiency, are easy to implement, and therefore improve the performance of automated systems.
 
“Any product using a motor, we look to improve energy efficiency and life of that motor,” explains David Neundorfer, LineStream president. “We simplify the design process and lop off weeks of [development].”
 
The company is getting attention from some of the major players in the automation industry. They just licensed their software to Texas Instruments. “We’re going to be putting software in a chip platform in motor and motion controls,” explains Neundorfer.
 
The deal adds to the company’s rapid growth. “It’s very exciting and a large deal for us,” says Neundorfer. “Some of the larger companies in the industrial space are interested in our technology.”
 
LineStream has grown to five employees this year, expects to be at eight to 10 by the end of the year, and double in size again next year. “We’re hiring and ramping up to establish a relationship with Texas Instruments.”

 
Source: David Neundorfer
Writer: Karin Connelly
cleveland public art and parkworks merge to form land studio
Two prominent local nonprofit organizations, Cleveland Public Art and Parkworks, have announced plans to merge and form LAND Studio. If the organization's new name sounds like that of an edgy architect's studio, that may be no coincidence. LAND Studio hopes to foster great public spaces in Cleveland by leading civic conversations about design and urban planning.

According to a press release, the mission of the new nonprofit organization will be "to create places and connect people through public art, sustainable building and design, collaborative planning and dynamic programming." LAND is actually an acronym that stands for landscape, arts, neighborhood and development.

The merger is the logical outgrowth of a decade-long history of the two groups working together, says Ann Zoller, the current Executive Director of Parkworks and the new Executive Director of LAND Studio. Ultimately, it will make the combined organization more impactful, thus benefiting Cleveland.

"There's huge potential for an organization that has a wider berth than just public art and public spaces," says Zoller. "This is an important time for Cleveland, and we can help leverage the investment being spent by helping the city and developers to look at placemaking from holistic, forward-thinking perspective."

Talk of a merger began several years ago when the two groups created Building Cleveland by Design, an effort to infuse sustainable, public-oriented design into large development projects in Cleveland. That project led Parkworks to become heavily involved in making the Flats East Bank project more sustainable. Parkworks also helped to acquire a former railway bed in the Flats that proved critical in creating a public trail leading to the Towpath Trail and Lake Erie.

Among the projects that Zoller plans to address with Land Studio are the reuse of vacant land in city neighborhoods, green infrastructure projects led by the Northeast Ohio Regional Sewer District (NEORSD) and Flats redevelopment.

Yet another opportunity is the work of the Group Plan Commission, says Zoller, an effort to help create more vibrant public spaces on the Malls downtown.

"This merger will allow us to take our agenda -- the importance of investing in connections, anchor public spaces and downtown as an attraction in and of itself -- and really lead," says Zoller.

The new offices of LAND Studio will be at 1939 West 25th Street in Ohio City.


Source: Ann Zoller
Writer: Lee Chilcote
yp nation unites young professionals, gives them a voice
Justin Bibb, special assistant for education and economic development for Cuyahoga County executive Ed FitzGerald, was looking for a way to make sure his generation is heard in the business world. That’s when he founded YP Nation, a group of young professionals who want to play an active role in the nation’s policies and views.
 
“There’s a movement as baby boomers retire to engage millennials,” Bibb says of his generation. “Rarely is our voice elevated.” Today he is regional director of YP Nation, encouraging other young professionals to get involved and make their voices heard.
 
Founded in 2009, YP Nation has 3,000 members nationwide and access to half a million people through networking groups. Membership gives access to resources, information and services to help advance the next generation.
 
“Our core goal is to give young professionals a voice," says Michael Eisenstadt, the organization’s president. “There’s a lot of structural imbalance out there and we think it’s important for young people to get together and voice their ideas. The more we can get involved, the better it is for everyone.”
 
YP Nation’s website is chock full of articles and blogs meant to empower its readers to take action and make a change.

“These are tough times,” says Eisenstadt. “We just want more opportunity. Our goal is to coalesce this voice from younger Americans.”
 
Additionally, for $99 a year, members can get a YP Rewards card, which gives holders more than $3,500 in discounts on things that serve the young professional lifestyle.
 

Source: Michael Eisenstadt and Justin Bibb
Writer: Karin Connelly
as imageiq finds niche in medical imaging field, staff jumps from 4 to 8
Although just barely eight months old, ImageIQ has found a niche in the medical imaging field. The company, which is a spinoff of the Cleveland Clinic Lerner Research Institute, takes a qualitative approach to diagnostic imaging.
 
“Anybody who acquires an image during a bio-science event, it’s a subjective process for anyone who looks at that image,” says ImageIQ CEO Tim Kulbago. “We build custom solutions to get quantitative scientific data.”
 
Kulbago likens ImageIQ’s capabilities to a police officer’s speed radar gun. Without it, people in the medical industry are just estimating their findings. The company has three areas of expertise: pharmaceutical, medical devices and research.
 
While the company still is in its infancy, the folks behind the research at Image IQ have years of experience.  “We feel like we’re on the leading edge of actual medical imaging,” says Kulbago. “Our team has been doing this for over 10 years.  Now we’re taking the idea of this service to market.”
 
ImageIQ has developed working relationships with NASA, MIT and, most recently, Anderson Orthopaedic Research Institute (AORI) to enhance the ongoing joint replacement research. ImageIQ and AORI will apply state-of-the-art 3D imaging analytics to improve the assessment of the structural integrity and performance of various biomaterials in orthopedic implant wear studies.
 
ImageIQ has grown from four people on staff to eight in just eight months. “Now were at a point where word is starting to get out,” says Kulbago. They are prepared to grow as the company grows. Kulbago plans to host a webinar in November, “60 in 60: Speed Dating for Imaging Analytics,” which has already produced significant interest.

 
Source: Tim Kulbago
Writer: Karin Connelly
pnc among best companies for working moms
For the 10th straight year, PNC has earned its way onto Working Mother's list of Best Companies.

"Working Mother readers want flexibility and they want it now," say the editors of the magazine. "In survey after survey, working moms rank flexible work arrangements as the most desired benefit they seek, even higher than compensation or paid days off."

The Working Mother 100 Best Companies are judged on answers to 650 questions, including data on the access and usage of flexible work arrangements, parental leave, childcare, health and wellness support and the advancement of women to all levels of management.

Jennifer Owens, Editorial Director of Working Mother said, "The reason flexibility is so important to working moms is that they want to do their best at home and in the office.  Flexible work arrangements allow moms both. The Working Mother Best Companies want to win the war for talent and productivity -- especially in a down economy -- and they have figured out how to make flex work.”

See the full list here.
cle-based r&d company says drug might reverse effects of peripheral artery disease
Theravasc, a Cleveland based research and development company that focuses on repurposing existing drugs for other uses, has just completed a phase I clinical trial on reversing the effects of peripheral artery disease (PAD) in diabetic patients.
 
Patients with PAD have in the past had little hope for treatment, let alone a cure – until Theravasc started researching the effect of a drug used to treat cyanide poisoning. The drug, called TV1001, showed promise in the trial, which included 12 diabetic patients.
 
“People with PAD can’t walk and are in pain, and there’s nothing doctors can do,” explains Tony Giordano, Theravasc president and CEO. “This drug causes new blood vessels to grow in that leg, and only that leg. In animal studies it was doing exactly what we wanted it to do.”
 
The next step is a IIA trial followed by a third trial, to test the effects of giving the drug chronically. Giordano says if all goes well, TV1001 would hit the market in 2015. He thinks about his father-in-law and a 84-year old Shreveport, LA woman who was ranked seven on the tennis circuit – both affected by PAD – when he thinks about the positive possibilities of the drug.
 
“I think there’s a high likelihood that we’re going to see success in humans,” Giordano says. “I think this is going to work, and I know this is not going to hurt them. It will give them an opportunity to lead a better life and start walking again. I’m excited about that.”
 
Source: Tony Giordano
Writer: Karin Connelly
3rd frontier funding helps company increase donor kidney odds, cleveland jobs
Quality Electrodynamics (QED) was one of the local recipients of Ohio Third Frontier funding for the development of an imaging system that will improve the way doctors evaluate whether a kidney is viable for donation.
 
The Cleveland-based company, working with the Cleveland Clinic’s Glickman Urological Institute, CWRU, Toshiba Medical Systems and Canon, received $1 million for the development of specialty MRI coils for imaging donor kidneys before transplant to determine viability.
 
Currently, potentially viable kidneys are sometimes rejected for transplant, or there are complications after transplant. This technology will improve the chances of success as well as reduce the number of kidneys that are thrown away.
 
“The program will result in a turnkey system of equipment, analysis software and clinical protocols which will be marketed to transplant centers on a worldwide basis,” says John L. Patrick, chief technical marketing officer for QED.

“Recipients of kidneys from deceased donors would benefit in several ways: Higher confidence level that the transplanted kidney can be viable and better knowledge of its condition; increase of transplanted kidneys by reducing the number of viable kidneys discarded will increase the number of patients able to benefit from transplantation.”
 
Patrick says the technology should be on the market in less than two years, depending on how clinical trials go. QED expects to begin hiring additional people for development of the technology in the next few months.

“In the proposal we stated that 38 jobs would be created at QED within 3 years,” says Patrick. “In fact, we believe that number to be quite conservative.”
 
 
Source: John L. Patrick
Writer: Karin Connelly
cleveland's chris hodgson classy to the very end, says usa today
Each week for the past two months, Cleveland food truck fans -- and even those who aren't -- ardently followed Chris Hodgson on the Food Network's "Great Food Truck Race." During the show, the local chef competed against other national food truck operators for the grand prize of $100,000.
 
Hodgson, as we all know by now, made it all the way to the final episode. His truck, Hodge Podge, as we also know by now, was bested by Lime Truck.
 
In this item on the USA Today blog Pop Candy, writer Whitney Matheson says that she was particularly moved by Hodgson's class up to and including the very end.

"I thought it was particularly moving when chef Chris Hodge (sic) noted that, because of the competition,'Me and my sister got closer, me and my girlfriend got closer -- (and that's) the greatest win of my life.'"

Read it all here.
rust belt edging out sun belt in recovery, says ny times
"Unemployment in the South is now higher than it is in the Northeast and the Midwest, which include Rust Belt states that were struggling even before the recession," announces a recent article in the New York Times.
 
While unemployment figures are high nationwide, the finding is surprising given the fact that the South entered the recession with the lowest unemployment rate in the nation. It now struggles with some of the highest rates according to the Bureau of Labor Statistics.
 
Highlighting the fact that regions are recovering at different speeds, the Rust Belt is outpacing the Sun Belt in reducing joblessness.
 
Whether or not the trend is going to continue is unknown, of course.  
 
“Because the recovery is so painfully slow, people may begin to think of the trends established during the recovery as normal,” Howard Wial, a Brookings fellow is quoted in the article. “Will people think of Florida, California, Nevada and Arizona as more or less permanently depressed? Think of the Great Lakes as being a renaissance region? I don’t know. It’s possible.”
 
Read the rest here.
'right place at right time' leads onshift to double-digit staff growth
OnShift has found its groove. The Cleveland company continues to build success as a software developer for the senior living market.

“We specialize in healthcare organizations who want to manage their staffing and labor costs,” says CEO Mark Woodka.
 
Tapping into the senior living market happened by accident for the company, which was founded in 2007.

“Our founder (Gene Groys) was building a communications platform and was hosting a dinner party when an administrator of the nursing home expressed an interest in it,” says Woodka.
 
OnShift launched their first product in 2009 and has been building momentum ever since. “Our business is growing,” says Woodka. “The market we sell to is under-served. Historically, our customers haven’t had the technology to manage their staffs. We were in the right place and the right time.”
 
OnShift had 175 customers by the end of 2010, and expects to grow to 600 by the end of this year. They just hired four people to their 32-person staff, still have six open positions in a range of fields, and expect to grow to 55 to 60 total by the end of 2012.
 
“We’re growing like gangbusters here,” says Woodka. “And we’re an incredibly fun place to work.”

 
Source: Mark Woodka
Writer: Karin Connelly
four neo organizations score $37m federal grant
Four Northeast Ohio organizations are one group of just 20 national winners of the Obama administration's $37 million Jobs and Innovation Accelerator Challenge, a multi-agency competition to support the advancement of high-growth industry clusters across the country.
 
NorTech, JumpStart, MAGNET and Lorain County Community College came together to cooperatively apply for the $2 million grant that will help create jobs in the region. The program, the Northeast Ohio Speed-To-Market Accelerator (STMA), is designed to accelerate the speed-to-market for near-production or pilot-production prototypes in the advanced energy and flexible electronics industry clusters in Northeast Ohio.
 
The fact that the groups collaborated on the project is no surprise.

“There’s a history of organization in this region -- we work together collaboratively all the time,” says Cathy Belk, chief relationship officer with JumpStart. “The fact that we already knew each other made it easy to identify the needs and work together on the proposal.”
 
Each organization will assist in its area of expertise, from company advising to workforce development. The STMA consists of three components, explains Byron Clayton, vice president of NorTech. “The first step is holding outreach workshops to let companies know the service areas we are targeting. The second step is one-on-one counseling and a path-to-market analysis. The third step is to deliver the services.”
 
Aside from offering expertise and guidance, the four groups plan to speed up the jobs creation process within new companies. “We are asking what can we do to help you to speed this process up,” says Clayton. “We’re working together as a region, as a network of nationally-recognized organizations.”

 
Sources: Cathy Belk, Byron Clayton
Writer: Karin Connelly
bizdom u: where graduates earn a degree in startups
Bizdom U, a business accelerator that trains, mentors and funds innovative, growth-oriented startup companies, kicks off its inaugural class in less than two weeks. Based on a similar program in Detroit that was launched three years ago by Quicken Loans owner Dan Gilbert, Bizdom U hopes to kindle a new wave of entrepreneurial spirit in Cleveland.