Regional Economy

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travel writer swoons over cleveland visit
In a Huffington Post travel feature titled "The American Grandeur of Cleveland," contributor Sally Fay was so smitten by our city that she writes, "There are many reasons to visit Cleveland, enough to swing the vote right into moving there!"
 
She writes that "Cleveland has a character that appreciates its past while embracing the renewal of the future. In 2013, the city has a different kind of American grandeur than it did in its industrial h... Read more >
insivia broadens its services, expands its staff
When Andy Halko founded Insivia right out of college in 2002, he was more of a freelancer, picking up projects piece by piece. Today, the company is a full-service marketing firm working out of the Agora in Midtown.
 
“We’ve really evolved into a strategic marketing firm for our clients,” says Rick Scheeser, Insivia's director of operations. “Nowadays we’re their entire marketing department. We have a more strategic partnership with o... Read more >
nine northeast ohio biomed companies named to inc. 5000
Nine local biomedical companies were named to this year’s Inc. 5000 list, a tally of the fastest growing companies in the country in terms of jobs and revenue. Inc. measured revenue growth from 2009 to 2012.
 
The list represents companies across every industry, but the number of area biomed companies named to the list is encouraging to the growing biomed industry in Cleveland.
 
“It’s a very exciting time right now in Northeast Ohio for... Read more >
cleveland among top metros for college grads
In a The Atlantic report titled “The Best U.S. Metros for Recent College Grads Looking For Work,” writer Richard Florida shares a lengthy report on which areas in the United States offer the best opportunities for the newly minted young and educated looking to start life in the “real world.”
 
While the standard San Francisco, Boston, Seattle, and Austin metros continue to receive high marks, others such as New York City, Chicago, and Los Angel... Read more >
a mighty wind: thousands pledge to buy wind-fueled power
As the nation's first freshwater offshore wind project cranks up off the coast of Cleveland, thousands of people are pledging to pay a little more for a power source that supporters say will improve the environment, create local jobs and advance the nation's energy security.
bgv earns outstanding non-profit honor, is kiva zip trustee
Bad Girl Ventures recently was honored by the SCORE Foundation as Outstanding Non-Profit Organization for its work with entrepreneurs in starting their businesses. BGV works with SCORE mentors in its business education classes.
 
“BGV has been using SCORE mentors and services since 2010,” says Reka Barabas, director of BGV Cleveland. “We tap into their expertise and we match up our finalists with SCORE mentors.”
 
Additionally, BGV... Read more >
i live here (now): len gray, legal entrepreneur
Len Gray, a young attorney and Memphis native, has relocated to Cleveland to launch his legal startup Inlaw.me, an online recruiting aid that connects legal employers with candidates. What attracted him was the local business community's spirit of collaboration and enthusiasm.
hello, cleveland: couple's dream music club taking shape in the flats
If all goes as planned, an ambitious new supper club with two stages for live music and outdoor dining will open on the west bank of the Flats next spring. Pursuing that dream are Mike and Colleen Miller, marketing and concert industry vets who lived in Chicago before moving back to Cleveland.
detroit transit draws more inspiration from rta health line
In a Detroit Free Press story titled “Metromode: From freeway to busway? The call for bus rapid transit,” writer Kim North Shine details Detroit’s M1 light-rail line, which is set to begin construction shortly.
 
Shine writes of the inspiration Detroit’s BRT drew from cities such as Denver, Las Vegas, Portland, and Cleveland.
 
“We were very impressed. We came away thinking if Cleveland can do it, so can we.” [Southeast... Read more >
katie holmes in cleveland garnering media buzz
In a RadioTimes item called "Katie Holmes shoots new movie in Cleveland," the media outlet writes that the actress has had a busy summer shooting multiple films.
 
"Katie Holmes has snuck into Cleveland to film low budget Hollywood indie movie Tootaloo. The Dawson’s Creek star has had a busy summer, filming Paul Dalio's Mania Days in New York, with co-star Luke Kirby, about two depressed lovers, who meet in a psychiatric hospital."
&n... Read more >
25k grant up for grabs at enterprise innovation awards
Enterprise Community Partners is hosting its second annual Leadership in Community Innovation Awards, providing the winner with a $25,000 unrestricted grant for non-profit organizations that are creating community development solutions in Cleveland.
 
Last year’s winner was the Ohio City Market District, which attracted 30 new businesses to the neighborhood through its grant program, creating 300 jobs.
 
This year, Enterprise is introducing the Nurt... Read more >
biomotiv announces $46m in capital raised in effort to speed medicines to market
BioMotiv, a pharmaceutical accelerator formed last year to speed early-stage medical developments to market, announced last week that the company has now raised $46 million in total capital, adding Nationwide Mutual Insurance and several individual investors to original investors University Hospitals and the Harrington Family Foundation.

Additionally, BioMotiv announced Monday that the company has formed a multi-million dollar, seven-year partnership with San Diego-based ... Read more >
usa today writer praises noodlecat
In a USA Today feature titled “Great American Bites: Top-notch Asian flavors sourced from Ohio,” writer Larry Olmsted praises Cleveland chef Jonathon Sawyer and the two-year-old Noodlecat, inspired by Tokyo and New York noodle houses.
 
Olmsted opens discussing the unique atmosphere and its popularity in the community, but like all food writers, focuses much of his attention on the important aspects: the food.
 
"A former downtown pizzeri... Read more >
lakewood's ideation challenge will award access to key resources
Lakewood is looking for a few entrepreneurs to join its business community through its third annual Ideation Challenge. Anyone with a business idea is welcome to submit a business plan for consideration. “We make it really simple,” says Mike Belsito, director of Ideation for Startup Lakewood and co-founder of e-Funeral. “All it takes is a simple two- to three-page summary. And if people qualify we invite them to give a quick elevator pitch.”

Applic... Read more >
right school right now launches bold campaign to inform families about school choice
There are now dozens of high-performing charter and public schools in the City of Cleveland. Yet a culture of school choice still is not the norm in many Cleveland neighborhoods, and as many as 60 percent of city families have not yet chosen a school to attend.

With the deadline looming on August 19th, those families that do not proactively choose a school will be enrolled in their neighborhood school, which may or may not be the best option depending on how the school is... Read more >
gay games wants $50m economic impact shared by small businesses
When the Gay Games come to Northeast Ohio next August, 30,000 athletes and spectators are expected to descend upon Cleveland, visiting the city’s attractions, staying in area hotels, eating in restaurants and using other services.
 
Organizers are making sure small businesses know the impact the games could have on them, as well as how they can get their names out there. A local staff of 10 organizers has hosted two events targeted at small business sponsorship.... Read more >
software entrepreneur has his eye on the sky with plans for lakefront skylift
If Jon Stahl of LeanDog fulfills his ambitious dream -- as he so often does -- Cleveland could see a string of elevated skylifts along the lake shore. With a planned 11-stop system, the tramway would move passengers between places like the Municipal Lot, Burke Lakefront Airport, the Convention Center, Wendy Park, Edgewater Park, and both banks of the Flats.
creative placemaking reframes how residents and visitors experience neighborhoods
Recent grants awarded to the Collinwood and St. Clair Superior neighborhoods are allowing them to proceed with arts- and culture-based projects each hopes will revitalize their communities and boost their economies. The efforts are part of a larger national movement known as creative placemaking.
west side market defying trend of waning markets
In a Salon article titled “Fight the farmers market backlash!” Henry Grabar outlines the fate of traditional central markets, which sadly are becoming a dying breed.
 
Long the heart, soul and larder for every great city on the planet, central marketplaces are vanishing from modern life.
 
"As wholesale markets were reimagined, a parallel shift occurred in retail food delivery, as one-stop-shops replaced butchers and bakers, and supermark... Read more >
new compass biomed will speed delivery of stem cells to needy patients
Arteriorcyte, a developer of stem cell products and medical devices, has launched Compass Biomedical to speed up the delivery to patients three Arteriocyte stem cells products. Created in December 2012, Compass officially got underway in June.
 
“The purpose of Compass is to help solve the issues in getting stem cells to patients,” says Kolby Day, Compass Biomedical vice president and general manager of research and development. “The challenges are h... Read more >