When construction finally wrapped up in 2008 on the Euclid Corridor, civic leaders felt triumphant. The $200 million project to redevelop crumbling Euclid Avenue -- once dubbed "Millionaire's Row" for its opulent, turn-of-the-century mansions -- would spur economic development and connect downtown with University Circle, they believed.
Then the global recession hit. Banks stopped lending, businesses halted expansion plans and the nation slid into a great recession. The o... Read more >
Recent CWRU mechanical engineering graduates Austin Schmidt and Solomon Alkhasov won the 2011 Idea Competition, sponsored by LaunchHouse and CSU's Accelerated MBA program at Nance College of Business. They created a company called Affinity Algorithms, which develops proprietary computer arbitrage software to facilitate transactions between buyers and sellers in various online marketplaces. The software provides greater liquidity and price transparency in the marketplaces. "We are... Read more >
Since Veronica Walton created an urban farm on Ansel Road several years ago, she's been asked countless times about her lush, bountiful plots: "I'm looking for a job," some would say. "Can I work here?"
When asked such questions, Walton, who is the Director of the nonprofit NEO Restoration Alliance, would extol the virtues of urban farming. She explained the difference between community gardens and urban farmers, who sell their crops to customers via local farmers markets... Read more >
By enrolling their employees in corporate wellness programs, companies are finding they can keep healthcare costs down, increase employee productivity, and reduce absenteeism, all by managing -- and in some cases reversing -- chronic illnesses. It's what folks like to call a win-win situation.
In an article titled "To get jobs, areas develop industry hubs in emerging fields," USA Today writer Paul Davidson singles out Northeast Ohio as a region combating the loss of traditional factory jobs by developing industry clusters.
Clusters are groupings of manufacturers, suppliers, training programs and researchers.
"Cluster theory holds that manufacturers and suppliers often want to be in proximity to collaborate on product design. Companies want to be near ... Read more >
New Life Community and Interfaith Hospitality Network of Greater Cleveland (IHN) have come together to form Family Promise of Greater Cleveland, the largest organization in Greater Cleveland focused exclusively on helping homeless families transform their lives and achieve long-term stability while helping families remain together. The two organizations officially merged on May 1. For the past two years, the organizations have worked to integrate staff, resources and programming... Read more >
In the 2011-2012 edition of U.S.News & World Report's "Best Children's Hospitals," Cleveland Clinic Children's Hospital was recognized as one of the top pediatric hospitals in the country.
The hospital's Neurology & Neurosurgery program earned the highest ranking in Ohio for the fourth consecutive year, and ranked 7th nationally. Overall, Cleveland Clinic Children's Hospital earned national rankings in all 10 specialties evaluated.
Cleveland rowers know the Cuyahoga River offers one of the most interesting and challenging race courses anywhere. Beneath the backdrop of the Terminal Tower, gritty piles of gravel, and lift bridges stained with a patina of rust, rowers navigate five major twists and turns, including an S-shaped curve, before reaching the finish line.
Soon, a national rowing audience will be exposed to these challenges too. At last week's ribbon-cutting ceremony for the $3 million Riverg... Read more >
For 26 years, Nanofilm has been creating formulas for cleaning products and optical coatings in Valley View. Similarly, SDG Inc. in the Cleveland Clinic's Innovation Center has spent the last 16 years developing nanotechnologies in the medical and healthcare fields. Until recently, the two were unaware of the each other's existence. Then, at a nanotechnologies networking meeting run by Polymer Ohio, Nanofilm's president and CEO Scott Rickert and SDG co-founder and senior vice pr... Read more >
Explorys has formed one of the largest healthcare databases in the world, helping medical professionals provide better patient care and diagnoses. Spun off from the Cleveland Clinic in 2009 by Charlie Lougheed and Stephen McHale, Explorys has become one of the world's largest data platforms with over three billion clinical events and partner agreements with major healthcare systems that span over 10 million patients nationwide.
In its short life, Explorys has gotten six m... Read more >
Earlier this year, construction began for the new Medical Mart and Convention Center, a project that has received a lukewarm response from skeptical taxpayers. Working hard to prove them wrong is Tony Prusak, who as Director of Convention Sales is tasked with booking events. As a lifelong Clevelander, Prusak is driven by a desire to improve Cleveland's economic future. How? By "selling more cheeseburgers."
The Austin American-Statesman covered the recent investment of $11.5 million by Austin Ventures and Austin-based Santé Ventures into Cleveland-based healthcare technology firm Explorys.
"Explorys was spun off from the Cleveland Clinic in 2009 to commercialize technology designed to help the hospital system analyze clinical data. Since then, a number of other major hospital systems have begun using Explorys' database of patient information."
Adheris, the largest provider of direct-to-patient medication adherence programs, has chosen Cleveland-based CellepathicRx as its mobile platform provider. The partnership expands Adheris' delivery of its adherence-focused programs beyond mail to all mobile technology platforms -- text, email, web, and more.
"Medical adherence is a $300 billion a year problem," says Greg Muffler, CEO of CellepathicRx. "Our technology is a mobile platform that creates an ongoing intimate ... Read more >
Last year, Judson at University Circle tried something radically different. The nonprofit senior living campus gave two apartments to Cleveland Institute of Music (CIM) students in exchange for their participation in Judson's intergenerational programs.
The students quickly found that any time they practiced their instruments in public, they attracted an appreciative audience. Over the course of a year, they developed friendships that spanned generations.
Since its launch in 2000, the Greater Cleveland Sports Commission has brought to Cleveland over 85 sporting events with an estimated economic impact of more than $300 million. Those events include the U.S. Figure Skating Championships, Senior PGA Championship, NCAA Women's Final Four, and the Gravity Games. This summer, the Commission's flagship event, the Continental Cup, will bring in 4,000 young athletes from 25 countries for four days of competition.
Cleveland-area SPR Therapeutics is tackling the chronic pain market with its Smartpatch technology. The Smartpatch external stimulator delivers an electrical signal to an electrode placed in the muscle. The electrical signals stimulate the target nerve within the muscle, thereby exercising the muscle to treat the pain. The Smartpatch system will serve the $150 billion pain market, in particular those suffering shoulder pain from strokes, as well as chronic lower back pain. Read more >
At a ceremonial groundbreaking last week, Neighborhood Progress (NPI) and Pennrose Properties celebrated a $15.1 million project to renovate the former St. Luke's Hospital into 72 units of affordable senior housing. The event highlighted the project's sustainability features, the rich history of Saint Luke's and a grassroots effort to involve youth in beautifying the building.
Ohio Housing Finance Agency Director Doug Garver told the audience that the Saint Luke's projec... Read more >
The North Union Farmers Market now operates eight different markets around the Greater Cleveland area. Three years ago, the nonprofit launched a new market at the Cleveland Clinic, bringing healthy, farm-fresh produce to a neighborhood that could use it most. Here is a video of the popular Cleveland Clinic market in action.
Neuros Medical, a Greater Cleveland based medical device company, has developed a neuro-stimulator that has proven to eliminate chronic pain in amputees. A feasibility study, the first test on humans, showed the company's high-frequency Electrical Nerve Block™ technology reduced pain to zero in four of the five patients studied.
The device, which looks like a pacemaker attached to a wire, uses a high-frequency signal to stop the pain. "It will literally block that ... Read more >