Entrepreneurs + Innovators

hotcards to match fiery growth with flaming guinness world record-setting attempt
Earlier this year, Hotcards CEO John Gadd moved the local printing and marketing company's headquarters to the former Futon Factory at 2400 Superior Ave., expanding from 14,000 to 22,000 square feet and giving the company the opportunity to do a ground-up renovation of new offices.

"We were able to do it from scratch, the way that we wanted, in order to reflect the culture we're trying to build," says Gadd, who has injected new life into Hotcards since he bought the company a few years ago.

The new space features 15-foot ceilings, expansive windows and walls adorned with tons of Cleveland artwork. Eleven people work in the Cleveland office. The company also has offices in other parts of Ohio as well as a Columbus manufacturing facility.

Gadd says the company's growth can be attributed to its "customer-obsessed" culture, which "takes care of people we serve" with utmost attention to detail.

Now Gadd aims to make the company burn even hotter -- and seek some thrills and raise money for worthwhile charities in the process -- by setting 20 people ablaze along the banks of the Cuyahoga River in a Guinness World Records-setting attempt.

"It's a magical spectacle to watch -- people lit on fire look like an art display," he says. "Because we’re Cleveland, we'll turn a negative [burning river thing] into a positive. We'll also raise a bunch of money for charity and make some news."

Gadd has brought in stunt expert Ted Batchelor of Chagrin Falls to manage the event. He says it's so safe it almost takes the excitement out of it. The current record is 17 people set on fire at one time, a feat that Batchelor himself pulled off in 2009.

The event will take place at 7:30 p.m. on Saturday, October 19, at the mouth of the Cuyahoga River, with spectators invited to watch from Shooters (tickets start at $15). The fire department and Coast Guard will be on hand in case of emergency. Local YouTube superstar Madi Lee will sing the national anthem before the big burn.

Gadd isn't sure how much money he'll raise for charity, since the event costs about $50,000 to produce. But any additional proceeds will go to the Cleveland Foodbank and Brick by Brick, a nonprofit group that builds schoolhouses in South Africa.


Source: John Gadd
Writer: Lee Chilcote
music lovers turn their skill, passion into boutique studio
Michael Seifert and Jake Fader have had a lifelong love of music. Seifert grew up in his father’s recording studio on E. 61st Street. “It was all I wanted to do growing up,” Seifert says of hanging out in the studio. “Jake is the opposite," Seifert says. "He had more formal training.” Fader has studied guitar since he was 14 and has performed around the world in various bands.
 
Both have experience in commercial production work on local and national levels. So, as friends and musicians working in Cleveland, Fader and Seifert decided to go into business together. They launched Bite Sized Creative, a full-service creative firm that operates out of Seifert’s 11-year-old recording studio, Ante Up Audio, on E. 38th Street in Tyler Village.
 
“Jake and I have a good dynamic and a lot of respect for each other’s work,” says Seifert.
 
Bite Sized Creative opened in April, and already the startup has landed some impressive gigs. Locally, they've worked on accounts for Wade Oval Wednesdays and St. Vincent Charity Medical Center. Other clients include Target, Samsung and Microsoft.
 
They’ve also worked on soundtracks for movies. They produced more than 40 music cues for the documentary Running America. They produced more than a dozen original music pieces for the re-release of the classic movie The Outsiders.
 
Seifert describes Bite Sized Creative as taking a boutique approach to production work, providing custom music for soundtracks and other audio. “We have a very high quality product, not only locally but regionally, nationally and internationally,” Seifert says.
 
While Seifert and Fader are the only full-time employees at Bite Sized Creative, they do hire freelancers for bigger projects. “We’ve really been able to hire a lot of talent,” says Seifert. “We try to hire locally as much as possible. We both really love Cleveland and there’s a huge talent pool here.”

 
Source: Michael Seifert
Writer: Karin Connelly
recipe for success: food-based startups face unique challenges
Starting a successful food-based business takes more than a great idea and the ability to cook. Like any entrepreneurial venture, food startups require planning, money and a willingness to be flexible. But those who do dive in have found there's plenty of guidance, support and collaboration in the local food startup community.
city repair cleveland takes urban placemaking to the streets
A grassroots urban placemaking movement that started in Portland has made its way to Cleveland, and a few weeks ago, residents from three Cleveland neighborhoods came together to remove blight with community-led art.

City Repair, which started in Portland as a guerilla movement to add splashes of color to city streets, is so new here that the City of Cleveland denied a permit request at the last minute, forcing organizers to scramble to adapt their project. The original idea was to paint city intersections, and Cleveland officials now acknowledge that they need a new policy to deal with these requests.

In the end, City Repair Cleveland created three successful projects and built a greater sense of community in the process, says Adele DiMarco-Kious, consultant to the effort.

"This is about neighbors getting to know one another and taking shared action about things important to them in their neighborhood," she adds. "You get people to come together, take ownership of the public realm and start taking action and it has a multiplier effect. People build trust, take action and build a sense of power."

In Buckeye-Shaker Square, residents created a vision for a mural that they hope will be painted on a bridge over the RTA tracks that historically has divided their two neighborhoods; Clark-Fulton residents beautified the long-neglected Newark Court alley by painting a mural of the river that once ran through the community; and Stockyard residents covered up a blighted retaining wall with colorful designs.

DiMarco-Kious says the impact goes far beyond the physical projects themselves, as neighbors work shoulder-to-shoulder and families come out of their houses to help paint.

City Repair Cleveland was supported by Neighborhood Connections, a small grants and community building program affiliated with the Cleveland Foundation.


Source: Adele DiMarco-Kious
Writer: Lee Chilcote
local designer's grey cardigan named finalist in martha stewart competition
As a graphic designer, Brian Andrew Jasinski wanted a creative outlet to express himself outside of his work at Epstein Design Partners. So he started Grey Cardigan, which features a whimsical collection of Jasinski’s fine art prints and stationery.
 
Grey Cardigan debuted in summer 2009 at the annual Made in the 216 event. “Grey Cardigan was my need to return to my roots as a fine artist and illustrator,” says Jasinski, who earned his BFA at the Cleveland Institute of Art. ”It’s been growing and evolving ever since.”
 
Jasinski chose the name Grey Cardigan because of the symbolism. “It’s classic and iconic,” he says. “You can adapt it to your style -- very much like my work.” Jasinski’s work is sold at shops around town like the Banyan Tree in Tremont, as well as other boutiques around the country.
 
At the end of August, Jasinski nominated himself for Martha Stewart’s American Made competition, in which companies competed in six categories: technology, design, garden, food, style and audience choice. The winner receives $10,000, a trip for two to New York City to attend the American Made workshop, and a spread on Marthastewart.com. Jasinski entered in the design category.
 
The winner was decided on voting through social media. “I had a very aggressive social media campaign -- Facebook, Instagram, Twitter -- and I had an incredible amount of support,” Jasinski says.
 
Grey Cardigan was named a finalist in the design category. While he did not win the grand prize, Jasinski is pleased with the outcome. “Just being recognized in the top six is an honor,” he says. “And the tech finalist and I are talking about a collaboration; that’s a nice unexpected connection to make.”

 
Source: Brian Andrew Jasinski
Writer: Karin Connelly
music-themed bar in ohio city aims to create 'jukebox for the city'
It's no easy feat to win unanimous approval from the City of Cleveland's Board of Zoning Appeals (BOZA) for a variance to open a new bar in Ohio City. With parking scarce in the densely built neighborhood, such a prized variance typically is required for opening any kind of new establishment.

Yet Jukebox, a new bar set to open in the Hingetown area of that neighborhood early next year, earned that approval from BOZA this week, and owner Alex Budin is set to begin the build-out process.

"I want people in Ohio City and Cleveland to embrace this as their jukebox for the city," says Budin, a 29-year-old who is in the process of relocating to Cleveland from Chicago.

Budin has purchased a 100-CD jukebox that he will fill with a mixture of rock and roll classics, music by artists who are coming through town, local artists, obscure picks and even crowd-sourced suggestions from social media and other sources.

The music selection will change frequently and the jukebox will be free or "pay what you like," akin to how Radiohead has released recent albums.

To ensure that tipsy patrons don't program six Michael Jackson songs in a row, Budin is planning to establish some tongue-in-cheek jukebox rules. He also will create a "juke-book" that will help familiarize patrons with less familiar artists, albums, and tracks.

"You're not going to see Katy Perry in the jukebox, but you'll see familiar artists," he says.

Aside from the music, the cozy 1,300-square-foot tavern will feature six to 10 draft beers (many of them local), cocktails, wine and a limited food menu that includes flatbread pizzas. Just don't say the phrase "sports bar." There will be TVs, he allows, but that's not going to be the focus.

"Ohio City has become such a vibrant place -- it's really a destination," Budin says. "As Hingetown evolves, my hope is this becomes more of a neighborhood spot for local residents. There are 200-plus new apartments set to open here. I'm hoping it's a walkable place, and that people can get their coffee at Rising Star in the morning, then grab a beer and light food at Jukebox in the evening."

Jukebox will be located in the Striebinger Block at the corner of W. 29th and Detroit.


Source: Alex Budin
Writer: Lee Chilcote
frickaccio's, a growing local company that all started with a pizza bagel
When Terry Frick opened Frickaccio’s at the West Side Market in 2004, she began with the widely popular pizza bagels, a market staple for countless fans. The snacks even made an appearance on the Food Network when Jeff Mauro, aka The Sandwich King, stopped by Frickaccio’s last year to sample them.
 
Business went well, and soon Frick expanded into pizza dough balls. Frick offers more than 10 different flavors. She caters to the dietary needs of her customers, offering gluten free and even oil free varieties. The dough balls are such hot sellers that Frick now offers a variety of artisan breads, from pepperoni loaves to sourdough.
 
“I’ve always thought that bread is the staple of life,” explains Frick. “One misunderstanding about bread is that it’s quick and easy to make. But really good bread takes time to make.” In the past year Frick expanded her staff from three people to nine, including a professional breadsmith and a chef.
 
Last year, Frick opened a production shop in Fairview Park to keep up with increased volumes. “We offer a little bit of everything,” Frick says of the production center. Her selection includes the dough balls, the pizza bagels, breads and assorted pastas.
 
Frickaccio’s dough balls are now in four local grocery stores. Frick ships the pizza bagels nationwide and is considering launching a line of frozen products.
 
And Frick keeps it local. “I try to use all local stuff,” she says. “I have found that the best thing for supporting each other and networking is to use each other.”
 
Business continues to boom. Frick is in the process of expanding her stand at the West Side Market. Her latest endeavor includes launching a line of certified organic dough balls. She currently offers three varieties, using either their homemade organic yeast or organic yeast imported from Germany. Frickaccio’s has launched a Kickstarter campaign to expand the organic line, buy additional equipment and expand the staff.

 
Source: Terry Frick
Writer: Karin Connelly
developer breaks ground on custom home project in the flats
A veteran urban developer has broken ground on a three-unit, single-family development on Columbus Road in the Flats. Phase I of the project is sold out, and the owner is planning three additional high-end, custom-built homes on an adjacent parcel.

David Sharkey of Progressive Urban Real Estate, who is both the sales agent and a developer of the Columbus Hill project, says the development is unlike anything else currently on the market. The homes mesh with the topography of the Columbus Road hillside to offer outstanding views of downtown, the Cuyahoga River and the Flats.

"It's a very unique spot down there," says Sharkey. "It's in the middle of nowhere and the middle of everything at the same time. The amount of development will be limited because there isn't much land, but you can walk to West 25th Street."

The homes, just up the hill from Hoopples bar and the Columbus Road bridge, feature living rooms with 12-foot ceilings, 3 or 4 bedrooms, attached garages and massive roof decks. They are selling in the upper $300,000s. Tremont-based developer Civic Builders is spearheading Columbus Hill.

Asked if Cleveland's high-end new construction market is on the rise, Sharkey says, "Absolutely. The biggest thing holding it back right now is appraisals. We had a hard time getting the first unit appraised... I hear that other developers are holding back because of that. Right now, the market's topping out at 400."

The buyers primarily are empty-nesters from out of town who wish to customize their finishes and are willing to wait 9 to 12 months for the new homes to be built.
 
 
Source: David Sharkey
Writer: Lee Chilcote
beaumont breaks ground on $9.5m STEM building to prepare girls for cutting-edge careers
Beaumont School recently broke ground on a $9.5 million addition that will include a STEM education building, student commons, administrative offices and new school entrance that fronts North Park Boulevard.

The 25,000-square-foot building will house eight science, technology, engineering and math (STEM) classrooms that replace a dated science wing. The expanded labs will allow for more hands-on learning that can be integrated into the entire curriculum.

“An education at Beaumont provides our young women with excellent opportunities for academic achievement, but also inspires them to give back to the community to make a difference in society," says Sister Gretchen Rodenfels, OSU, president of Beaumont School, in a release. “With an improved campus and dynamic STEM presence, Beaumont students will be given a strong foundation to solve the problems affecting society now and in the future.”

With the U.S. falling behind other countries in math and science education, many schools have been renewing their focus on STEM education. Beaumont's new STEM building will help young women advance in cutting-edge careers.


Source: Sister Gretchen Rodenfels
Writer: Lee Chilcote
one person's trash = another person's treasure: creative reuse centers are on the rise
Creative reuse centers are popping up all across the nation, including Cleveland. These craft-astic places are filled with useful materials that otherwise would end up in a landfill. Adored by artists, teachers and other crafty folks, they also create green jobs, reduce waste and offer affordable supplies for projects.
bad girl ventures readies launch of fall business plan competition
Micro-lending organization Bad Girl Ventures (BGV) wants Cleveland to connect with the next generation of entrepreneurs and small business owners. That hopefully beautiful friendship will begin on Thursday, October 3, when BGV Cleveland hosts its kickoff event introducing the 10 finalists of its fall business plan competition.

The 10 women will present themselves at Battery Park Wine Bar, pitching their ideas to an audience before embarking on BGV's nine-week course to help tweak their fledgling enterprises. The final class will be in mid-November, with the winner of BGV's $25,000 low-interest loan announced during a "graduation ceremony" the following month.

Financing and mentorship are just two of the benefits for program participants, says Reka Barabas, director of BGV Cleveland.

"Networking is a huge motivating factor for them," she says. "These women are not just sitting in a stuffy classroom, but extending their professional network."

This autumn's class represents a wide range of industries and specialty areas. There's a children's party bus, granola bar company, match-making business, and more.

BGV Cleveland offers business education courses and financing twice per year to help women-owned startups launch, manage and market their businesses. In May, custom cake baker Sugar Plum Cake Company earned the business group's $25,000 loan. Two other ventures -- Journey Art Gallery  and The Agrarian Collective  -- each received $5,000 loans from a private giving circle. 

"We're exposing these businesses to as many resources as possible," says Barabas. "There's a huge value in that."

 
SOURCE: Reka Barabas
WRITER: Douglas J. Guth
hildebrandt artist collective to open studios, art gallery in historic warehouse
The Hildebrandt Artist Collective is set to open studio and gallery space in the historic Hildebrandt building, a gigantic warehouse located on Walton Avenue on Cleveland's near west side, sometime next month.

The group joins existing tenants Rust Belt Welding, Soulcraft Woodshop and Wake Robin Fermented Foods in the sprawling complex, which was built a century ago as a meat packing company but has evolved into a hub for local food and art.

Fiber artist Katie Simmons says that she launched the space with about 10 other artists to provide affordable, collaborative workspace for young, emerging artists.

"A lot of these artists have just graduated from college, and they don't have a lot of extra funds, yet being an artist is difficult if you don't have space," she says. "By having a shared space, everybody brings something to the table and we can collaborate with one another, and yet we each have our own space, too."

The group also plans to open a gallery called The Lunchroom, and the entire building will be open for a First Friday art walk beginning in December.

"The building is always evolving," says Simmons, who also works at Great Lakes Brewing Company. "There are more artists moving in here."


Source: Katie Simmons
Writer: Lee Chilcote
local designer has shot to take it all in martha stewart maker awards
If you've shopped at Banyan Tree, CLE Clothing Co., Bizaare Bazaar or Native Cleveland -- and you have an eye for design -- than you doubtless have spotted the work of Brian Andrew Jasinski. His design-minded line of prints and social stationery, which are sold under the brand Grey Cardigan, feature an instantly recognizable aesthetic that is clean, modern and timeless.
 
For the past couple weeks, Jasinski has been on a social media blitz to drum up support for his participation in the American Made Audience Choice Awards, where Martha Stewart and the editors of Martha Stewart Living are spotlighting the next generation of great American makers.
 
Well, it's worked, as the designer has made it to the finalist round, where he is one of just six, whittled down from a beginning pool of more than 2,000 nominees. His category, Design, joins Food, Style, Craft, Garden and Technology.
 
"To make it as one of six finalists in a competition with 2,000-plus nominees is an honor and an accomplishment," says Jasinski , a graduate of Cleveland Institute of Art. "Friends and fans truly stepped up to the plate daily in their voting and promoting."
 
The final round of voting, which runs now through September 29, pits Jasinski up against the other five finalists. The grand prize winner will receive $10,000 for their business, a feature spread in Martha Stewart Living, a feature on her popular radio show, and an audience with the Domestic Goddess herself.
 
"To win this competition would bring my work to an incredible spotlight that its connection with Martha Stewart would offer," says Jasinski.
 
To support Jasinski and his quest, vote up to six times a day right here.

launchhouse driving force behind upcoming cleveland entrepreneur week
Cleveland's economic leaders have worked hard to parade the city as a hub for innovation. A chance to further show off Northeast Ohio's entrepreneurial acumen is a driving force behind Shaker Heights accelerator LaunchHouse's sponsorship of Cleveland Entrepreneurship Week (Cleveland EW), an upcoming four­-day celebration of business success.

The event, scheduled for November 4-­8, was created to give entrepreneurs and investors the knowledge and resources to grow the Northeast Ohio business community, says LaunchHouse co-founder Todd Goldstein.

LaunchHouse will kick off Cleveland EW at its Shaker Heights headquarters by presenting the 11 technology startups participating in its Accelerator Program. The rest of the week will feature speakers and other events that give entrepreneurs from all over the country an opportunity to connect with potential financial backers as well as fellow businesspeople.

"We're giving them exposure to people they normally wouldn't meet," says Goldstein. "Meeting the right person can help turn a small business into a large business."

LaunchHouse pushing for the entrepreneurship event aligns with its mission of local job creation through seed capital, education and innovation, notes Goldstein. With Cleveland striving to be on the forefront of the new economy, an event like Cleveland EW can put the area in a positive national spotlight.

"We've worked to change how Northeast Ohio is viewed in terms of entrepreneurship," Goldstein says. "This [event] is about showcasing the region as a place of innovation and capital formation."

 
SOURCE: Todd Goldstein
WRITER: Douglas J. Guth
 
techpint event touches on lessons learned from business failures
"Failure" is a tough word, particularly for entrepreneurial types throwing so much of their lives into a venture that might go belly up within a few months. However, Paul McAvinchey, creator of TechPint, believes valuable lessons can be learned from disappointment.

Such is the theme of this fall's TechPint conference, a casual gathering for entrepreneurs and investors in Internet technology. Coordinator McAvinchey expects more than 250 of the region's most innovative tech pacesetters to attend the quarterly-held event taking place tonight (September 26) at Sterle’s Slovenian Country House. Speakers John Gadd of Hotcards.com, Kendall Wouters of Reach Ventures and Phil Brennan of Echogen Power Systems will touch on how businesses can bounce back from seemingly crushing setbacks.

"It's a fact that you must fail many times before you see success," says McAvinchey, who moved to Cleveland from County Tipperary, Ireland, in April 2012 to lead product innovation for MedCity Media. "If you're failing, that means you're trying. That's a good thing."

Even stories of tremendous achievement, like the billion-dollar acquisition of Instagram, began on a rocky road of risk and false starts, McAvinchey points out.

"Failure will work for you if you learn from it," he says.

The informal get-together is designed to connect the region's tech thinkers over a couple pints of beers, says McAvinchey. TechPint's moniker this month is "Techtoberfest," in appreciation of this suds-filled season of the year.

Autumn also is a time for scary stories, and attendees will hear a few frightening business-related tales at TechPint. "It's important to celebrate failure," McAvinchey says. "This is a way to bring positive attention to it."

 
SOURCE: Paul McAvinchey 
WRITER: Douglas J. Guth
thriving startup community means jobs aplenty... for the right candidates
The large number of open jobs in the startup community indicates these companies are doing well and growing. But working for a young startup has unique challenges. Recruiters and employers discuss some of the critical qualities required for those looking for a good fit with a startup.
cleveland cyclewerks to open first exclusive dealership in gordon square warehouse
Cleveland Cyclewerks (CCW), a startup that manufactures and sells its own motorcycles, is set to open the first Cyclewerks-exclusive dealership at its warehouse in the Gordon Square Arts District. The owners will host a party on Saturday, October 5th with food trucks, kegs of free beer and tours of the shop, which sells accessories and also repairs bikes.

"A year ago, this place was a mess," says general manager Jon Dale. "We cleaned it out, pressure washed everything and built a new plywood floor. We wanted to keep the old building feel, though, with the brick walls and the concrete floors."

The shop at Herman and W. 65th Street will be open Monday through Friday from 9 to 5, and will soon be open on Saturdays, as well. The repair shop specializes in vintage British and Japanese bikes, and the staff can custom-build CCW bikes based on a customer's preferences. All of the company's models, including the soon-to-be-released ACE, will be on display in the store.

Owners Scott Colosimo and Jered Streng created CCW after getting laid off from their industrial design jobs in 2009. The lightweight bikes have 250cc engines, are inexpensive to maintain, and get 100 miles to the gallon. They've been described as having a "retro-futuristic" look and are priced at only $3,295.

Dale says that Colosimo and local architect Robert Maschke purchased the vacant, 70,000-square-foot warehouse, which was last home to a rubber stamping plant but built as a meat packing plant, for a small sum. They are slowly refurbishing portions of it and leasing it out to small companies or using it for CCW's operations.

CCW has grown tremendously over the past few years, and now sells bikes at 40 dealerships in the U.S. and 15 countries throughout the world. Dale, a Cleveland native, says that the company has allowed him to stay in the city and do what he loves.

"Not only is my passion my job, but I get to help revive the city," he says.


Source: Jon Dale
Writer: Lee Chilcote
piccadilly artisan yogurt to open design-focused shop in ohio city, clifton up next
The entrepreneurs behind Piccadilly Artisan Yogurt, who opened their first location in the old Grog Shop space on Coventry Road less than a year ago, will open their second location in Ohio City this fall.

Adrian and Cosmin Bota, Romanian-born brothers who grew up in Parma, have also signed a letter of intent on a retail space at West 117th and Clifton.

The Ohio City location is a slender, 1,100-square-foot storefront that's sandwiched between Crop and Bonbon Cafe in the 2500 block of Lorain Avenue. Adrian Bota says the location, which will offer the same organic, locally-sourced frozen yogurt that's available in the Coventry store, is perfect for the urban-oriented company.

"Our whole focus was not to be in the suburbs, and to focus on urban areas we’re both interested in and want to promote," says Bota. "We were looking for areas in Cleveland that had same vibe [as Coventry Village] and that we could be a part of. Ohio City was our top choice for expansion. It's a great place because people are moving back and they're really interested in reviving that neighborhood."

Bota says the new store will feature unique, creative design with an urban flair. Ariel and Otelia Vergez of design firm Vergez Inc. helped design the interior, which will feature refinished plywood design accents, tables made from reclaimed wood, and a lounge area that might feature a porch swing (the Botas haven't made up their minds yet). Local architect John Williams developed the interior plans.

Bota says the Coventry location has been successful enough that they were able to use some of their profits to launch additional stores. Construction is underway on a third location next to Melt in the Short North district of Columbus. He is talking with representatives of Downtown Cleveland Alliance about a downtown shop.

The Bota brothers, who worked at the West Side Market as teenagers, intend to source as many ingredients as possible from the market and other local vendors.


Source: Adrian Bota
Writer: Lee Chilcote
150k-sq-ft victory center nears completion in health-tech corridor
Core and shell renovations of the 150,000-square-foot Victory Center, a $26 million project located along the Health-Tech Corridor, are almost complete. Tenant build-outs will follow, and although none have signed leases yet, developer Scott Garson says that will change as his team finishes the common spaces and shows the property to more prospective tenants.

"Everybody thinks it's wonderful, great… The trick is getting the first one in," he says. "I have enough letters of intent out there that I'm confident it's only a matter of time."

Garson says the demand is there for flexible, ready-to-grow office space geared towards biomedical, research and technology companies, which is why he decided to undertake the project. He points out that nearby buildings owned by Geis Companies and Cumberland Development are almost completely full.

So far, Garson has completed the project without a bank loan, using partner equity and a $720,000 loan from the city, $2.5 million in tax increment financing, federal and state historic tax credits, and a $1 million State of Ohio job ready sites grant. Garson expects to secure bank financing in the near future for tenant build-outs.

The building's unique features include a new interior with a historic waffle slab ceiling, window wells that allow plenty of natural light, copious backup power, fiber-optic connectivity, and the right mechanicals in place for laboratory space. The building will be certified LEED Silver, saving tenants 20 percent on utility costs. Finally, it has views of downtown, free parking and HealthLine access.

"We went through a recycling program with the materials and our landscaping uses stormwater management strategies," says Michael Augoustidis of Domukur Architects, the firm that designed the project. "It's very energy-efficient."

Although he's not ready to declare victory yet, Gardon says the historic building, which was built in 1917 as the Arts Center, is nearing the goal line and ready to score.


Source: Scott Garson
Writer: Lee Chilcote
jumpstart's mentoring program gives young companies insight, business advice
JumpStart’s Burton D. Morgan Foundation Mentoring Program offers young companies a little additional insight into running a successful business. Each participating startup is assigned between one and four mentors.

“It really depends on the stage the company is at and what their needs are,” says Anthony Hughes, director of the program. “No one mentor is going to have all the skill sets needed as these companies take their ideas to fruition.”
 
Companies do have to be involved with JumpStart to enroll. Currently, 38 mentors are involved in the program and they have assisted 33 companies since it was launched in March of 2012. The program currently has 21 companies active.
 
“The companies have generated or raised $2.9 million in capital," says Hughes. "Startups with access to mentors and advisers are seven times more likely to raise capita and three and a half times as likely to gain customers. We are responsible for creating serial entrepreneurs and polishing the diamonds in this ecosystem. They’re really flying blind without access to people who have been there, done that.”
 
The mentors come from virtually every industry and background -- from Fortune 500 companies to venture capitalists, to leaders of nationally-know startups. “We’ll entertain anyone, but through a stringent evaluation process. We use mentors who are experienced and knowledgeable,” says Hughes. “Mentors are invitation-only. We’re not trying to be elitists or exclusive.”

 
Source: Anthony Hughes
Writer: Karin Connelly