The City of Cleveland and Cuyahoga County have invested millions of dollars in public money to help make urban development projects happen over the years. But do they provide the maximum benefit to the taxpayers paying for them?
Amanda Woodrum, a researcher at the liberal think tank Policy Matters, says that Northeast Ohio leaders have not always maximized the public benefits of development projects. Yet cities like Cleveland have a tool at their disposal called Community... Read more >
According to the Midwest Health Care Venture Investment Report, released by BioEnterprise, Cleveland area biotech firms raised $83 million in venture capital the first half of 2012.
Juventas Therapeutics, developer of a pipeline of regenerative therapies to treat life threatening diseases, secured $22 million alone. Pharmaceutical developer Athersys raised $9 million.
When late summer rolls around, my kids and I are desperate for adventure. From our house in the Heights, that usually means we’re heading down the hill to Cleveland, where over the years we’ve discovered countless family-friendly things to see and do. The options are many and growing, but here is our pick for Top 10.
One year ago, six interns from Dallas, Atlanta, Indianapolis, Boston, Baltimore and Jewett, Ohio came to Cleveland to participate in the inaugural year of Trinity Urban Service Corps, a project of Trinity Episcopal Cathedral in downtown Cleveland.
The goal of the program is to engage young people in nonprofit service work that improves the City of Cleveland. It also seeks to build community among members, stimulate faith development and help young people discern their car... Read more >
More than 300 volunteers rolled up their shirtsleeves and got their hands dirty during the recent "Summer of Service" event hosted by Business Volunteers Unlimited on Thursday, July 18th. The event engaged young professionals in maintaining urban farms and gardens to support the regional food economy.
Some of the projects included constructing hoop houses and helping to maintain a .4 acre forest garden at Community Greenhouse Partners; working as an "urban ... Read more >
"The Cleveland Clinic and Ohio State University agreed yesterday to join forces in fast-tracking the commercialization of health-care technology, signaling a desire to compete less and collaborate more," writes Ben Sutherly for The Columbus Dispatch.
"In addition to health care, cooperation between the two institutions will focus on venture capital, funding and Third Frontier activities," The Dispatch adds.
“By 2015, more people will access the web from their smartphone than from their desktops and laptops,” says EXP president Barb Cagely. In Cleveland, numerous app developers are ahead of the curve, dreaming up mobile apps that do everything from enrich your tourism experience to making sure workers in the field have all the resources they need.
"For investors looking to go off the beaten track to find quality deals, Ohio might be the answer," Mitchell Rosich, partner at Athenian Venture Partners, writes in VentureBeat.
"According to the most recent Ohio Venture Capital Report, venture capital activity in Ohio was up more than 80 percent in 2010, surpassing the national average, which was up only 20 percent."
An increase in pre- and seed-stage investments amounting to $183.8 million i... Read more >
"Euclid’s role as an essential link between the central business district downtown and University Circle -- a hub of world-class medical facilities and arts and culture amenities -- rendered the corridor impossible to ignore," writes Jason Hellendrung for UrbanLand.
The resulting $200 million, 6.8-mile Euclid Corridor Transportation Project catalyzed a powerful transformation along the avenue. Since the BRT line opened in 2008, the corridor has attracted $... Read more >
Louis Alloro isn't the first non native to touch down in Northeast Ohio and notice that Cleveland could use a collective mood lift, but he is pioneering a new effort to bring the science of happiness to Northeast Ohio.
The New York City native, who holds a Master's degree in Applied Positive Psychology from the University of Pennsylvania (he is one of the first 100 people in the world to hold this degree), discovered Cleveland's mild mood disorder when he visi... Read more >
Tracy Certo and Douglas TrattnerThursday, July 19, 2012
What if we viewed Cleveland as a startup? "The ingredients for a successful startup and a successful city are remarkably similar," argues tech blogger Jon Bischke. You need to build stuff that people want. You need to attract talent. And you need capital to get your fledgling ideas to a point of sustainability.
Once again, the Cleveland Clinic and University Hospitals performed well in the annual Best Hospitals survey published by U.S. News. Both had numerous nationally ranked programs.
The Clinic, however, snagged top honors in three specialties: cardiology and heart surgery, nephrology, and urology. Overall, the Clinic had 12 specialties in the top five nationally.
Meanwhile, University Hospitals had 12 nationally ranked programs.
The Cleveland Institute of Art received a $5 million gift from Peter B. Lewis to support construction of a 91,000-square-foot building as the final component of the College’s campus unification project. Lewis is the chairman of Cleveland-based Progressive Corporation.
“We are thrilled to receive this wonderful gift, not only because it represents a strong endorsement of our vision for a unified campus from this nationally known philanthropist ... Read more >
One third of children in the U.S. live at home without their biological fathers. In turn, these children are five times more likely to live in poverty than children whose dads are fully present in their lives.
A feature length film that is currently being filmed in Northeast Ohio will explore the crucial role that dads play in their children's lives. It is documenting the journey of fathers as they seek to become better dads by attending programs sponsored by the Cuya... Read more >
The Museum of Contemporary Art Cleveland (MOCA) celebrated the completion of the stainless steel cladding being installed on its new home with a signing-off ceremony this week. The date when the glittering, gem-like new building opens its doors to the public is only months away, and that's when the true celebration will begin.
On a recent media tour of the building, the beautifully plotted details of the new museum were evident in raw form. A few of the finer points i... Read more >
Despite support through entrepreneurial assistance programs, area minority business owners say they still experience barriers -- some subtle, others not -- in their goal to contribute to the local business community. Finding success, many explain, is ultimately up to them.
In this Next American City feature titled "Welcome to Your New Government," Detroit-based journalist Anna Clark examines the unique and increasingly powerful work being done by community development corporations.
This lengthy piece looks at the work of Detroit's Midtown, Inc. and Cleveland's University Circle, Inc. and asks what it means for cities when "local government relies on private organizations to turn around a neighborhood’s fat... Read more >
Michael Goldberg, a professor at the Weatherhead School of Management at Case Western Reserve University and a managing partner of a venture capital fund that invests in early stage medical device companies, certainly has a bevy of knowledge and experience to share with others. He is currently taking some time off teaching in Cleveland to focus his attention on a different part of the world.
In this article, published in Vietnam, he urges Vietnamese entrepreneurs to... Read more >
Jim Russell, a geographer studying modern migration patterns, writes frequently on the topic of "Rust Belt Chic." The phrase, which refers to the increasing appeal of Rust Belt cities, has been popping up like mad in the national media. Recently, Russell put boots on the ground in C-Town.
The Cleveland Foundation recently awarded $19.9 million in grants, the second highest amount the foundation has awarded in a single quarter, including $2.25 million to strengthen college readiness and graduation rates among Cleveland students.
“Only 11 percent of Cleveland residents 25 and older have a bachelor’s degree or higher,” said Robert Eckardt, executive vice president at the Cleveland Foundation, said in a news release. “Our team created a... Read more >