Regional Economy

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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... Read more >
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... Read more >
strategic marketing and sales firm invisia 'looking for talented people'
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 ... Read more >
goal of new blackstone launchpad locales is 150 sustainable companies
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 Laun... Read more >
the 25th street shuffle: will success kill ohio city?
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 l... Read more >
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 ind... Read more >
launchhouse accelerator aimed at helping tech startups go from idea to validation
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 ... Read more >
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 busi... Read more >
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 p... Read more >
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 neighborh... Read more >
bad girl ventures to hold its third business education series this fall
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,&rd... Read more >
'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... Read more >
'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 cou... Read more >
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,... Read more >
cose to encourage new business with its second annual business pitch competition
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. &l... Read more >
regardless the standings, the tribe is scoring big in the field of sustainability
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... Read more >
neo's 80-plus young professional groups plug new talent into cleveland
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 ... Read more >