Regional Economy
the atlantic visits sparkbase as part of 'startup nation' series
Alexis Madrigal, senior editor at The Atlantic, has been writing about "Rust Belt" startups as part of an ongoing series called "Startup Nation."
In a feature titled, "A Framed First Dollar for the Internet Age," he writes about SparkBase, a Cleveland-based loyalty, gift, and reward card processor.
"SparkBase is a nice success story," he writes. "They've been hiring like crazy in Cleveland, particularly in the last year and a half and are up to 50 people working out of their new offices. They're one of several middleware vendors in the retail space that are emerging to collect and analyze retail data."
The title, by the way, is a reference to SparkBase's conference table, which instead of displaying the company's first dollar earned features the mother boards from their first servers.
Read the rest of the story here.
In a feature titled, "A Framed First Dollar for the Internet Age," he writes about SparkBase, a Cleveland-based loyalty, gift, and reward card processor.
"SparkBase is a nice success story," he writes. "They've been hiring like crazy in Cleveland, particularly in the last year and a half and are up to 50 people working out of their new offices. They're one of several middleware vendors in the retail space that are emerging to collect and analyze retail data."
The title, by the way, is a reference to SparkBase's conference table, which instead of displaying the company's first dollar earned features the mother boards from their first servers.
Read the rest of the story here.
greater cle firms nabbed $1B in vc cash in 5 years
According to a report released by the Venture Capital Advisory Task Force based on data provided by investors and collected by tech-based development organizations BioEnterprise and JumpStart, Greater Cleveland companies attracted $961 million from venture capitalists and angel investors from 2007 to 2011.
That figure represents a 26-percent increase in dollars when compared to the previous five years.
“There is a dramatic change in the activity, the number of investable companies and the quality of the companies in the pipeline in Northeast Ohio from 10 years ago,” says Bill Trainor, co-founder and Managing Director of Mutual Capital Partners Funds I & II.
The bulk of the money went to companies in the fields of biopharmaceuticals, medical devices, healthcare service, IT, and software.
“We’re only beginning to see the results of the public, private and philanthropic initiatives begun almost 10 years ago to accelerate the successes of startups in the state,” says Doug Weintraub, JumpStart’s chair and an active investor in the region. “Given that Northeast Ohio started ramping up activity to assist and support the creation and growth of tech companies in 2005 and 2006 -- and that the National Venture Capital Association estimates the average time from initial investment to a company’s exit is about nine years -- we can expect even more success stories in the coming years.”
Read the rest of the news here.
That figure represents a 26-percent increase in dollars when compared to the previous five years.
“There is a dramatic change in the activity, the number of investable companies and the quality of the companies in the pipeline in Northeast Ohio from 10 years ago,” says Bill Trainor, co-founder and Managing Director of Mutual Capital Partners Funds I & II.
The bulk of the money went to companies in the fields of biopharmaceuticals, medical devices, healthcare service, IT, and software.
“We’re only beginning to see the results of the public, private and philanthropic initiatives begun almost 10 years ago to accelerate the successes of startups in the state,” says Doug Weintraub, JumpStart’s chair and an active investor in the region. “Given that Northeast Ohio started ramping up activity to assist and support the creation and growth of tech companies in 2005 and 2006 -- and that the National Venture Capital Association estimates the average time from initial investment to a company’s exit is about nine years -- we can expect even more success stories in the coming years.”
Read the rest of the news here.
Andy Halko has entrepreneurship in his genes. The characteristics that make an entrepreneur succeed -- vision, hard work, and a touch of daredevil -- prompted Halko in 2002 to create Insivia, a strategic marketing and sales agency focused on business-to-business.
“In high school and all through college I worked for a company doing website development and software solutions,” recalls Halko. After graduating from John Carroll University, Halko stayed with the company for a while before deciding to go into business for himself.
“My dad was an entrepreneur. I had nothing to lose and I thought, I can do this," he says. "It’s kind of in my blood and I’m not afraid of work.”
Insivia focuses on four areas: Generating leads through SEO and direct mail; converting those leads; closing sales through presentations, proposals and online sales; and retaining customers. “We consider ourselves a full gamut firm, from leads to retaining customers,” Halko says. “We really try to come up with new ideas for things to improve our clients’ business. We use technology to close sales and design to impress customers.”
An additional component of Halko’s vision is customer service. “The other piece is good work,” he says. “Our stratagem is don’t settle for good enough. We take ideas, plans and strategy to reach our clients business goals. We’re really looking at the end goal and our focus being proud of every single piece.”
The philosophy has worked: 10 years later, Insivia has 15 employees in “the coolest” space on the West Bank of the Flats. The company is looking to hire people in account management, customer relations and software development.
“We’re always looking for talented people,” Halko says. “People who can produce good work and come up with good ideas.”
Source: Andy Halko
Writer: Karin Connelly
“In high school and all through college I worked for a company doing website development and software solutions,” recalls Halko. After graduating from John Carroll University, Halko stayed with the company for a while before deciding to go into business for himself.
“My dad was an entrepreneur. I had nothing to lose and I thought, I can do this," he says. "It’s kind of in my blood and I’m not afraid of work.”
Insivia focuses on four areas: Generating leads through SEO and direct mail; converting those leads; closing sales through presentations, proposals and online sales; and retaining customers. “We consider ourselves a full gamut firm, from leads to retaining customers,” Halko says. “We really try to come up with new ideas for things to improve our clients’ business. We use technology to close sales and design to impress customers.”
An additional component of Halko’s vision is customer service. “The other piece is good work,” he says. “Our stratagem is don’t settle for good enough. We take ideas, plans and strategy to reach our clients business goals. We’re really looking at the end goal and our focus being proud of every single piece.”
The philosophy has worked: 10 years later, Insivia has 15 employees in “the coolest” space on the West Bank of the Flats. The company is looking to hire people in account management, customer relations and software development.
“We’re always looking for talented people,” Halko says. “People who can produce good work and come up with good ideas.”
Source: Andy Halko
Writer: Karin Connelly
The Blackstone LaunchPad program opened its doors on the Baldwin-Wallace College and Lorain County Community College campuses on Sept. 6 and 7 and will open at Kent State University later this month and CWRU in January.
The Burton D. Morgan Foundation in Hudson and the Blackstone Charitable Foundation announced last November that they had committed $3.2 million to open LaunchPad locations in Northeast Ohio to train area student entrepreneurs.
The LaunchPad is a venture coach program developed at the University of Miami, Florida in 2008. The program provides participants with advice and mentorship to take business ideas to fruition. Students are matched up with venture coaches to guide them through the development process.
“The real goal here is around education,” says Deborah D. Hoover, president and CEO of the Burton D. Morgan Foundation. “We’re providing a strong education, it’s experiential. Our key approach to the program is about networking – obviously in Northeast Ohio and venture coaches, but also in the larger community and through the national network of LaunchPad locations.”
Hoover reports that the potential is there for 150 new sustainable companies in the next five years, which could generate as many as 3,000 jobs.
Amy Stursberg, executive director of the Blackstone Charitable Foundation, says Northeast Ohio is an idea fit for LaunchPad. “We try to choose locations where we feel there is a robust entrepreneurial ecosystem and culture,” she says. “We’re leveraging those assets to jumpstart the region where it already exists.”
Kent State, which had a soft launch of LaunchPad this summer, already has 70 to 80 students involved in the program.
Sources: Deborah H. Hoover, Amy Stursberg
Writer: Karin Connelly
The Burton D. Morgan Foundation in Hudson and the Blackstone Charitable Foundation announced last November that they had committed $3.2 million to open LaunchPad locations in Northeast Ohio to train area student entrepreneurs.
The LaunchPad is a venture coach program developed at the University of Miami, Florida in 2008. The program provides participants with advice and mentorship to take business ideas to fruition. Students are matched up with venture coaches to guide them through the development process.
“The real goal here is around education,” says Deborah D. Hoover, president and CEO of the Burton D. Morgan Foundation. “We’re providing a strong education, it’s experiential. Our key approach to the program is about networking – obviously in Northeast Ohio and venture coaches, but also in the larger community and through the national network of LaunchPad locations.”
Hoover reports that the potential is there for 150 new sustainable companies in the next five years, which could generate as many as 3,000 jobs.
Amy Stursberg, executive director of the Blackstone Charitable Foundation, says Northeast Ohio is an idea fit for LaunchPad. “We try to choose locations where we feel there is a robust entrepreneurial ecosystem and culture,” she says. “We’re leveraging those assets to jumpstart the region where it already exists.”
Kent State, which had a soft launch of LaunchPad this summer, already has 70 to 80 students involved in the program.
Sources: Deborah H. Hoover, Amy Stursberg
Writer: Karin Connelly
Neighborhoods that experience revitalization often do so at the expense of their distinctiveness. As an area becomes more appealing, vacant spaces fill up, and higher rents crowd out all but the deepest pockets. Ohio City business owners, developers, and community development groups are fighting that with an unprecedented level of cooperation.
cleveland featured on two upcoming food network shows
Cleveland will get its close-up on the Food Network in two very visible ways this week.
On Sunday's airing of The Great Food Truck Race (9 p.m.), the popular show hosted by Tyler Florence rolls into Cleveland, with stops throughout town. The show was taped this past summer.
A new show called $24 in 24, hosted by Jeff Mauro, will premier on Monday, September 24, at 10:30 p.m. with multiple stops in Cleveland. The show originally was slated to air later in the season but was moved up to the premier, presumably because of its quality.
On the show, Jeff Mauro, winner of the seventh season of Food Network Star and host of Sandwich King, hits the road in search of budget-friendly eats across America.
While in Cleveland, Mauro made stops at Danny's Deli, Palookaville Chili, ABC the Tavern, and the West Side Market.
On Sunday's airing of The Great Food Truck Race (9 p.m.), the popular show hosted by Tyler Florence rolls into Cleveland, with stops throughout town. The show was taped this past summer.
A new show called $24 in 24, hosted by Jeff Mauro, will premier on Monday, September 24, at 10:30 p.m. with multiple stops in Cleveland. The show originally was slated to air later in the season but was moved up to the premier, presumably because of its quality.
On the show, Jeff Mauro, winner of the seventh season of Food Network Star and host of Sandwich King, hits the road in search of budget-friendly eats across America.
While in Cleveland, Mauro made stops at Danny's Deli, Palookaville Chili, ABC the Tavern, and the West Side Market.
new data reveals that travel and tourism is on the rise in cle
According to The Economic Impact of Tourism Study, organized by the research firm Tourism Economics and coordinated by the Ohio Tourism Division, Northeast Ohio tourism is up significantly
Visitor volume to Cuyahoga County has jumped to 14.9 million visitors in 2011, compared to 13 million in 2009. Those visitors generated $6.7 billion in related business activity, which constitutes a 12-percent jump in the same time period.
The travel and tourism industry is Cuyahoga County’s fourth largest employer, with tourism supporting 1 in every 11 salaried jobs. In 2011, tourism employment accounted for more than 60,946 individuals, generating $1.8 billion dollars in wages.
Tourism in Cuyahoga County contributed more than $886 million in taxes, with $265 million for state taxes and $194 million in local taxes in 2011.
“The tourism industry is a major contributor to the economic vitality of our region,” Positively Cleveland’s President/ CEO David Gilbert said. “Visitors to our region buy local products and services, support area amenities, generate tax revenues and sustain jobs.”
More on the way
With $2 billion in visitor-related development underway throughout Northeast Ohio, numbers are increasing in both business and leisure travel. Visitors to Downtown Cleveland are expected to double in 2013, equating to a projected six million visitors.
Read the rest of the report here.
Visitor volume to Cuyahoga County has jumped to 14.9 million visitors in 2011, compared to 13 million in 2009. Those visitors generated $6.7 billion in related business activity, which constitutes a 12-percent jump in the same time period.
The travel and tourism industry is Cuyahoga County’s fourth largest employer, with tourism supporting 1 in every 11 salaried jobs. In 2011, tourism employment accounted for more than 60,946 individuals, generating $1.8 billion dollars in wages.
Tourism in Cuyahoga County contributed more than $886 million in taxes, with $265 million for state taxes and $194 million in local taxes in 2011.
“The tourism industry is a major contributor to the economic vitality of our region,” Positively Cleveland’s President/ CEO David Gilbert said. “Visitors to our region buy local products and services, support area amenities, generate tax revenues and sustain jobs.”
More on the way
With $2 billion in visitor-related development underway throughout Northeast Ohio, numbers are increasing in both business and leisure travel. Visitors to Downtown Cleveland are expected to double in 2013, equating to a projected six million visitors.
Read the rest of the report here.
The LaunchHouse Accelerator kicked off its inaugural program on September 4 with 10 technology startup companies eager to move to the next level. The program is funded through a $200,000 ONEFund grant and a $50,000 grant from Clarion Direct Investment. Each company will receive a $25,000 investment from LaunchHouse to grow their business.
“We’re quite excited,” says LaunchHouse CEO Todd Goldstein. “It’s changing the way investments are made in Northeast Ohio. With a little bit of capital we work with them to go from idea to validation.”
Goldstein describes the accelerator program as “customer-centric,” emphasizing the identification and needs of potential customers to grow the business. The 12-week program will provide mentors and instruction to the startup owners, guiding them through set goals.
“We’re hitting the ground running,” says Goldstein. “We’re not starting from scratch. We’re looking at the best innovators and how the company has grown.”
More than 60 companies from around the world applied for the accelerator. Twenty were selected to make their pitches to a panel of experts. From there, 10 companies were chosen, nine of which are from Northeast Ohio. The hope is that these 10 businesses will remain in Northeast Ohio once they are better established.
“The goal is to keep these companies in the region,” says Goldstein. “We believe Northeast Ohio is prime for an explosion of entrepreneurs.”
Source: Todd Goldstein
Writer: Karin Connelly
“We’re quite excited,” says LaunchHouse CEO Todd Goldstein. “It’s changing the way investments are made in Northeast Ohio. With a little bit of capital we work with them to go from idea to validation.”
Goldstein describes the accelerator program as “customer-centric,” emphasizing the identification and needs of potential customers to grow the business. The 12-week program will provide mentors and instruction to the startup owners, guiding them through set goals.
“We’re hitting the ground running,” says Goldstein. “We’re not starting from scratch. We’re looking at the best innovators and how the company has grown.”
More than 60 companies from around the world applied for the accelerator. Twenty were selected to make their pitches to a panel of experts. From there, 10 companies were chosen, nine of which are from Northeast Ohio. The hope is that these 10 businesses will remain in Northeast Ohio once they are better established.
“The goal is to keep these companies in the region,” says Goldstein. “We believe Northeast Ohio is prime for an explosion of entrepreneurs.”
Source: Todd Goldstein
Writer: Karin Connelly
cleveland is best example of 'market city,' says smithsonian
In the Smithsonian blog, Sarah Rich describes "What Public Spaces Like Cleveland’s West Side Market Mean for Cities," a lead-up of sorts to the Public Markets Conference to be held in Cleveland next week.
Rich writes that, "Markets have long been an important organizing principle for infrastructure, traffic patterns, and human activity in a city, but in many places, the grand buildings that once housed central markets have gone neglected, and the businesses inside are long shuttered. Where public markets are still in operation or have been revived, however, it’s hard to find a stronger example of the power of placemaking."
These places are Market Cities, where public food sources “act as hubs for the region and function as great multi-use destinations, with many activities clustering nearby… Market Cities are, in essence, places where food is one of the fundamental building blocks of urban life -- not just fuel that you use to get through the day.”
"There are a number of good examples of market cities in the U.S., but one of the best is Cleveland, where the century-old West Side Market has become a key engine in the city’s revitalization. The market building itself is one of Cleveland’s finest architectural gems -- a vast, red-brick terminal with stunningly high vaulted ceilings, book-ended with massive, arched windows."
"The West Side Market is now just one (albeit sizeable) node in a buzzing network of food-related endeavors -- restaurants, farmers’ markets, urban farms -- which are assembling into a whole new identity for the Rust Belt city."
Read the rest of the report here.
Rich writes that, "Markets have long been an important organizing principle for infrastructure, traffic patterns, and human activity in a city, but in many places, the grand buildings that once housed central markets have gone neglected, and the businesses inside are long shuttered. Where public markets are still in operation or have been revived, however, it’s hard to find a stronger example of the power of placemaking."
These places are Market Cities, where public food sources “act as hubs for the region and function as great multi-use destinations, with many activities clustering nearby… Market Cities are, in essence, places where food is one of the fundamental building blocks of urban life -- not just fuel that you use to get through the day.”
"There are a number of good examples of market cities in the U.S., but one of the best is Cleveland, where the century-old West Side Market has become a key engine in the city’s revitalization. The market building itself is one of Cleveland’s finest architectural gems -- a vast, red-brick terminal with stunningly high vaulted ceilings, book-ended with massive, arched windows."
"The West Side Market is now just one (albeit sizeable) node in a buzzing network of food-related endeavors -- restaurants, farmers’ markets, urban farms -- which are assembling into a whole new identity for the Rust Belt city."
Read the rest of the report here.
planning for gay games, cleveland is 'ahead of schedule'
Metro Weekly, D.C.'s gay and lesbian news magazine, writes in an article titled "Planning for Gay Games in 2014 is ahead of schedule" that "Many people around the world were shocked when Cleveland beat Boston and Washington, D.C., in the battle to host the Gay Games in 2014. However, Ohio's second largest city is proving it is not just up for the task but ready to set the bar for future Gay Games."
Leading up to the Gay Games, which will take place in Cleveland Aug. 9 to 16, 2014, organizers are ahead of schedule when it comes to planning. Organizers announced that 26 hotels in Cleveland and Akron, which is co-hosting the games, have been officially contracted to provide than 20,000 rooms to accommodate more then 11,000 expected participants.
Approximately 35 sports and culture events will be a part of Gay Games. Events will run the gamut from softball, track & field, soccer and swimming to volleyball, bowling, marathon and rowing to band, orchestra and cheer.
"Cleveland has long been active in promoting the city as a welcoming destination for LGBT visitors. Positively Cleveland launched its gay travel marketing campaign in 2007 that included the creation of an LGBT section of its website."
Following the move to be the host city for the Gay Games, Cleveland created a domestic partnership registry and granted domestic partner benefits to city employees.
In 2011, The Advocate named Cleveland among its list of "Gayest Cities in America."
Read the rest here.
Leading up to the Gay Games, which will take place in Cleveland Aug. 9 to 16, 2014, organizers are ahead of schedule when it comes to planning. Organizers announced that 26 hotels in Cleveland and Akron, which is co-hosting the games, have been officially contracted to provide than 20,000 rooms to accommodate more then 11,000 expected participants.
Approximately 35 sports and culture events will be a part of Gay Games. Events will run the gamut from softball, track & field, soccer and swimming to volleyball, bowling, marathon and rowing to band, orchestra and cheer.
"Cleveland has long been active in promoting the city as a welcoming destination for LGBT visitors. Positively Cleveland launched its gay travel marketing campaign in 2007 that included the creation of an LGBT section of its website."
Following the move to be the host city for the Gay Games, Cleveland created a domestic partnership registry and granted domestic partner benefits to city employees.
In 2011, The Advocate named Cleveland among its list of "Gayest Cities in America."
Read the rest here.
cpt's ray bobgan in american theatre mag
In a long American Theatre feature and interview titled "The Cleveland Connection," former Plain Dealer theater critic Tony Brown writes about Raymond Bobgan, executive artistic director of Cleveland Public Theatre.
"Cleveland Public Theatre has long been a place of artistic collaboration that earns the right to use the word public in its name," writes Brown. "The cutting-edge theatre has led the metamorphosis of a rough inner-city neighborhood, where once crack dens and motorcycle bars set the tone, into a burgeoning and lively arts district populated with some of Cleveland’s best restaurants and nightclubs."
Of Bobgan, Brown writes, "He turned CPT’s fiscal and creative situation around, despite all the financial risks of doing theatre in a slow economy, not by pulling back but by programming even more theatre, and a riskier kind of theatre to boot. With a relatively modest $1.2 million annual operating budget, CPT does the kind of nontraditional, discipline-bridging theatre -- and has had the kind of success with it -- that even the city’s two far-larger LORT theatres have been obliged to marvel at."
Read the rest of the playbill here.
"Cleveland Public Theatre has long been a place of artistic collaboration that earns the right to use the word public in its name," writes Brown. "The cutting-edge theatre has led the metamorphosis of a rough inner-city neighborhood, where once crack dens and motorcycle bars set the tone, into a burgeoning and lively arts district populated with some of Cleveland’s best restaurants and nightclubs."
Of Bobgan, Brown writes, "He turned CPT’s fiscal and creative situation around, despite all the financial risks of doing theatre in a slow economy, not by pulling back but by programming even more theatre, and a riskier kind of theatre to boot. With a relatively modest $1.2 million annual operating budget, CPT does the kind of nontraditional, discipline-bridging theatre -- and has had the kind of success with it -- that even the city’s two far-larger LORT theatres have been obliged to marvel at."
Read the rest of the playbill here.
Bad Girl Ventures will host its third business education series that culminates with the chance for female participants to win a $25,000 loan. The nine-week session begins on September 19 at the Lakewood campus of University of Akron.
Classes cover everything from legal and accounting to business plans and marketing to improving credit scores to resources available for financing.
“We try to hit on everything on the mind of the small business owner,” explains Reka Barabas, director of BGV Cleveland. Emphasis is placed on access to capital, which is sometimes a challenge for female business owners. “Only a small segment of women-owned businesses -- about five percent -- are accessing the capital available to small business owners,” says Barabas.
Since its initial launch in Cincinnati, BGV has educated over 400 women, awarded over $190,000 in low-interest loans and helped secure over $1,000,000 in outside funding for female entrepreneurs throughout Ohio.
Past finalists have gone on to find success in their businesses. For instance, Paula Hershman, founder of Storehouse Tea Company, just got into a new store with her product and Kelley Hynds of Hyndsight Productions just finished a video for a client, which was screened in the White House.
The application deadline for the classes is Aug. 31.
Source: Reka Barabas
Writer: Karin Connelly
Classes cover everything from legal and accounting to business plans and marketing to improving credit scores to resources available for financing.
“We try to hit on everything on the mind of the small business owner,” explains Reka Barabas, director of BGV Cleveland. Emphasis is placed on access to capital, which is sometimes a challenge for female business owners. “Only a small segment of women-owned businesses -- about five percent -- are accessing the capital available to small business owners,” says Barabas.
Since its initial launch in Cincinnati, BGV has educated over 400 women, awarded over $190,000 in low-interest loans and helped secure over $1,000,000 in outside funding for female entrepreneurs throughout Ohio.
Past finalists have gone on to find success in their businesses. For instance, Paula Hershman, founder of Storehouse Tea Company, just got into a new store with her product and Kelley Hynds of Hyndsight Productions just finished a video for a client, which was screened in the White House.
The application deadline for the classes is Aug. 31.
Source: Reka Barabas
Writer: Karin Connelly
'what's hot in cleveland?' a lot, says lonely planet editor
Cleveland is getting some international attention as a hot travel destination, as noted in the travel section of Canada’s National Post.
"They may not be the first places that come to mind when planning a weekend getaway to the U.S., but the nation’s abundant off-the-beaten-path cities are increasingly turning up on must-see lists," writes Robert Reid, U.S. travel editor for Lonely Planet.
“I love Cleveland. It’s such a surprise. It’s got the Rock and Roll Hall of Fame for a reason. The term ‘rock ’n’ roll’ originated in this misunderstood, proud and plain-fun Rust Belt city. The museum is wonderful -- who knew Jimi Hendrix did drawings of college football players? A fun place for breakfast is the century-old West Side Market in Ohio City across the Cuyahoga River from downtown, which caught fire from its polluted waters in 1969. The river has changed too, as life has returned along with kayaks, which offer a unique view of downtown. Apparently Cleveland has more live music venues than Austin, Tex., and the best is Beachland, in east Cleveland, a transformed Croatian social hall that launched careers of bands such as the White Stripes.”
"They may not be the first places that come to mind when planning a weekend getaway to the U.S., but the nation’s abundant off-the-beaten-path cities are increasingly turning up on must-see lists," writes Robert Reid, U.S. travel editor for Lonely Planet.
“I love Cleveland. It’s such a surprise. It’s got the Rock and Roll Hall of Fame for a reason. The term ‘rock ’n’ roll’ originated in this misunderstood, proud and plain-fun Rust Belt city. The museum is wonderful -- who knew Jimi Hendrix did drawings of college football players? A fun place for breakfast is the century-old West Side Market in Ohio City across the Cuyahoga River from downtown, which caught fire from its polluted waters in 1969. The river has changed too, as life has returned along with kayaks, which offer a unique view of downtown. Apparently Cleveland has more live music venues than Austin, Tex., and the best is Beachland, in east Cleveland, a transformed Croatian social hall that launched careers of bands such as the White Stripes.”
Read the full “international” story here.
'the beginning of a rust belt rebound?' asks architect's newspaper
“Cleveland, Columbus, and Cincinnati are rebuilding their urban cores to lure and retain young professionals," writes Christopher Bentley of The Architect's Newspaper. "These cities are pursuing development strategies that reflect the distinct character of each place. Is it the beginning of a Rust Belt rebound?”
In the article titled "Can the Centers Hold? Cleveland, Columbus, and Cincinnati are rebuilding their urban cores in what could be a sign of a Rust Belt rebound," Bentley expresses concern that redevelopment of urban environments are costly and that steps are being taken to ensure scarce dollars are not being wasted. He notes a consensus among leadership that the last thing anyone wants is a repeat of the boom and bust of the recent past.
“Everyone kind of expected in the 1990s that if we build it they will come,” said Greg Ward, vice president of Wells Fargo’s Real Estate Group in Cleveland. “Now there are concerned people in the real estate community saying, ‘How do we make sure we don’t fumble this round of big development?’”
Cleveland is trying again this time with the Cleveland Medical Mart & Convention Center as well as the New Horseshoe Casino. Downtown rental housing demand is greater than supply fostering the building or redevelopment of new properties. Additional developments are on the way.
Read the full story highlighting Cleveland as well as Ohio’s two other major cities here.
In the article titled "Can the Centers Hold? Cleveland, Columbus, and Cincinnati are rebuilding their urban cores in what could be a sign of a Rust Belt rebound," Bentley expresses concern that redevelopment of urban environments are costly and that steps are being taken to ensure scarce dollars are not being wasted. He notes a consensus among leadership that the last thing anyone wants is a repeat of the boom and bust of the recent past.
“Everyone kind of expected in the 1990s that if we build it they will come,” said Greg Ward, vice president of Wells Fargo’s Real Estate Group in Cleveland. “Now there are concerned people in the real estate community saying, ‘How do we make sure we don’t fumble this round of big development?’”
Cleveland is trying again this time with the Cleveland Medical Mart & Convention Center as well as the New Horseshoe Casino. Downtown rental housing demand is greater than supply fostering the building or redevelopment of new properties. Additional developments are on the way.
Read the full story highlighting Cleveland as well as Ohio’s two other major cities here.
cle among 20 best for 20-somethings
“It’s hard to pinpoint what qualities 20-somethings go for in picking the perfect city," writes Nicole McDermott for the blog Greatist.com. "Sustainability, efficient transit systems, cleanliness, and affordability may make the top of the list.”
Coming in at No. 7, Cleveland 's stats are as follows:
Average Temp (High, Low): 59, 41
Median Income: $24,687
Average Rent for 1-Bedroom Apt.: $640
Population: 396,815
Median Age: 35.7
"Named one of the best places for new college grads, Cleveland has plenty of job ops (heavy in manufacturing and engineering), and fun for after work. The city, called Beertown, U.S.A. by Draft Magazine, has some favorite breweries like Great Lakes Brewing Company, Thirsty Dog, and Willoughby Brewing. And did we mention it’s the sixth best city for block parties? (We didn’t know there was such a rating, either.) Once you’re tuckered out from hitting all the pubs Cleveland’s got to offer, keep in mind the city came in as the second best to get a good night’s sleep."
Clevelanders can take pride in the fact our fair city ranked higher than popular young adult destinations such as Denver (No. 9), New York (No. 12), Portland (No. 14), and Seattle (No. 18)
Coming in at No. 7, Cleveland 's stats are as follows:
Average Temp (High, Low): 59, 41
Median Income: $24,687
Average Rent for 1-Bedroom Apt.: $640
Population: 396,815
Median Age: 35.7
"Named one of the best places for new college grads, Cleveland has plenty of job ops (heavy in manufacturing and engineering), and fun for after work. The city, called Beertown, U.S.A. by Draft Magazine, has some favorite breweries like Great Lakes Brewing Company, Thirsty Dog, and Willoughby Brewing. And did we mention it’s the sixth best city for block parties? (We didn’t know there was such a rating, either.) Once you’re tuckered out from hitting all the pubs Cleveland’s got to offer, keep in mind the city came in as the second best to get a good night’s sleep."
Clevelanders can take pride in the fact our fair city ranked higher than popular young adult destinations such as Denver (No. 9), New York (No. 12), Portland (No. 14), and Seattle (No. 18)
COSE is looking for a few good startups. The organization’s second annual business pitch competition will be held on Thursday, October 18 at Pickwick and Frolic. Competition finalists will outline their ideas to a panel of experts, including Jeff Hoffman, founder of Priceline.com.
“So many small business owners just starting out with a new idea need more than money and someone to talk to,” says Megan Kim, COSE director of education and programs. “We’re challenging the business owner to think about their business in a new way, think about why their business is so unique.”
To get in front of the panelists, entrants must put together an executive summary and a two-minute video pitch. Applicants must be in business less than two years and have less than $250,000 in gross annual revenue.
Twenty semi-finalists will be chosen to give a 15-minute presentation and answer questions from the panel. From there, four finalists will be chosen to present at Pickwick and Frolic. The winner will receive $20,000, while second place gets $10,000 and third and fourth places receive $5,000 each.
The competition is designed to both encourage and educate small business owners in the area.
“It’s so great to see so many people with the entrepreneurial bug,” says Kim. “People who start their own businesses don’t always know where to go or what questions to ask. This competition gives them someone to talk it through with, it gives them connection and the chance to find their roots.”
The deadline to submit the executive summary and video pitch is Tuesday, Sept. 4 by 5 p.m.
Source: Megan Kim
Writer: Karin Connelly
“So many small business owners just starting out with a new idea need more than money and someone to talk to,” says Megan Kim, COSE director of education and programs. “We’re challenging the business owner to think about their business in a new way, think about why their business is so unique.”
To get in front of the panelists, entrants must put together an executive summary and a two-minute video pitch. Applicants must be in business less than two years and have less than $250,000 in gross annual revenue.
Twenty semi-finalists will be chosen to give a 15-minute presentation and answer questions from the panel. From there, four finalists will be chosen to present at Pickwick and Frolic. The winner will receive $20,000, while second place gets $10,000 and third and fourth places receive $5,000 each.
The competition is designed to both encourage and educate small business owners in the area.
“It’s so great to see so many people with the entrepreneurial bug,” says Kim. “People who start their own businesses don’t always know where to go or what questions to ask. This competition gives them someone to talk it through with, it gives them connection and the chance to find their roots.”
The deadline to submit the executive summary and video pitch is Tuesday, Sept. 4 by 5 p.m.
Source: Megan Kim
Writer: Karin Connelly
High-profile projects like a wind turbine and solar panels combined with aggressive recycling and composting programs give the Tribe a green leg up on much of the competition. By using their standing in the community, the Indians are getting people to think about sustainability, alternative energy, and recycling.
leisure group travel pays tribute to 100-year-old west side market
“Whether you’re hankering for a hot dog or gyros, exotic cheeses, a hot donut or fresh-ground peanut butter, head for the West Side Market, a Cleveland institution celebrating its 100th year,” writes Randy Mink in an article published in Leisure Group Travel, a trade publication for group travel buyers.
While we Clevelanders take pride in the iconic market that has served us well for 100 years, it still is able to captivate those who walk the isles for the first time.
“With its Old World charm, the market makes a great lunch and shopping stop for groups. Reflecting Cleveland’s ethnic diversity, it offers a variety of tempting prepared foods, from Polish pierogis to Cambodian, Mexican and Middle Eastern specialties. At Frickaccio’s Pizza Market you can pick up all kinds of pizza supplies, including frozen dough, as well as hot pizza, toasted subs and pepperoni rolls.”
While we Clevelanders take pride in the iconic market that has served us well for 100 years, it still is able to captivate those who walk the isles for the first time.
“With its Old World charm, the market makes a great lunch and shopping stop for groups. Reflecting Cleveland’s ethnic diversity, it offers a variety of tempting prepared foods, from Polish pierogis to Cambodian, Mexican and Middle Eastern specialties. At Frickaccio’s Pizza Market you can pick up all kinds of pizza supplies, including frozen dough, as well as hot pizza, toasted subs and pepperoni rolls.”
Read the full lengthy feature here.
Northeast Ohio's 80-plus young professional organizations play a critical role in plugging new talent into Cleveland. Research shows that there’s a 90-day window from when people move to a city to influence them and give them reasons to stay. Once plugged in, these YPs are helping to reshape the city’s future.
cma defends methods of acquisitions in new york times
“Over the last five years, the Cleveland Museum of Art has been at work on one of the largest building programs of any art institution in the country, a $350 million project that has been unveiled in sleek new stages and will be completed by 2013, adding 35,000 more square feet of gallery space," writes Randy Kennedy of the New York Times.
"But the museum has also been building in less visible ways and is set to announce on Monday the acquisition of two high-profile ancient artifacts that seem certain to draw attention not only to the institution’s expansion but also to the complicated long-running debate about antiquities collecting by museums," he continues.
David Franklin, director of the Cleveland Museum since 2010, is described as having one of the more "staunchly pro-collecting stances among American museums."
In defense, Franklin states, “Museums should still be buying antiquities, and we shouldn’t shirk that responsibility, and I think it’s almost an ethical responsibility,” he said. “We don’t want to drive these kinds of objects into private collections forever. Or to see all of them end up abroad.”
Read the full New York Times story here.
"But the museum has also been building in less visible ways and is set to announce on Monday the acquisition of two high-profile ancient artifacts that seem certain to draw attention not only to the institution’s expansion but also to the complicated long-running debate about antiquities collecting by museums," he continues.
David Franklin, director of the Cleveland Museum since 2010, is described as having one of the more "staunchly pro-collecting stances among American museums."
In defense, Franklin states, “Museums should still be buying antiquities, and we shouldn’t shirk that responsibility, and I think it’s almost an ethical responsibility,” he said. “We don’t want to drive these kinds of objects into private collections forever. Or to see all of them end up abroad.”
Read the full New York Times story here.