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Microlending Success

BGV Fall 2016 Launch program participantsBGV Fall 2016 Launch program participants
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Five Chain Reaction winners will set up shop in Slavic Village
After spending the summer pitching their businesses to investors in the Cleveland Chain Reaction project, Fox 8's morning show, Kickin’ It With Kenny announced this morning the six winning companies that will set up shop in the Slavic Village neighborhood.

Find out who the winner are here.
Sparking a 'Chain Reaction' between business and community
Inspired by CNBC's Cleveland Hustles, Cleveland Chain Reaction aims to keep the economic development wave going with up to $1 million invested in five new businesses — all in one neighborhood.
From minding the ledgers to urban farming: The Dealership is where businesses go to grow
Fresh Water pulled into the funky co-working space on Lee Road and met up with four of the resident businesses to get their stories and hear about what motivates and excites them.
A busy week for new biz loans and programs
While most Clevelanders were finally finishing off the Thanksgiving leftovers, these organizations were busy announcing loans and programs aimed at helping area small businesses, entrepreneurs and employees with good ideas.
 
-A unique collaborative of organizations and institutions has launched a small business lending program to help African American and minority businesses create and maintain jobs for residents and build community wealth. With a focus on bringing c... Read more >
Bakery with Latin flair set to open in Brooklyn Centre
"If you don't try anything, you never know what will happen."
 
Such is the mindset of Lyz Otero, owner of Half Moon Bakery, a soon-to-be-opened seller of traditional Latin pastries and empanadas. Otero took the leap with a little help from the Economic and Community Development Institute (ECDI), an organization that in August announced more than $530,000 in loans to 21 Cleveland-area businesses.
 
Nineteen of those loans were to new mi... Read more >
Sabor Miami tops Cleveland Hot List
Fresh Water editor Erin O'Brien has extolled the virtues of Sabor Miami's rich, creamy and downright decadent Cafe con Leche (Cuban latte) as "the best cup of coffee she's ever had" both publicly and privately. It seems she's not alone.

The shop at 4848 Broadview Road, which we reported on in back in April, has been named the "Best Coffee Shop in Cleveland," by Cleveland Hot List.

Click here to see the list of venerable cafes S... Read more >
From bones to 'buch: Culinary Kitchen launches local success
In just three years, the Cleveland Culinary Launch and Kitchen has produced a wealth of successful food businesses, some of which have outgrown the incubator and moved on to their own locations.
Forward Cities convenes in Cleveland
Last week in Cleveland, some 200 Forward Cities attendees from across the nation explored strategies that foster entrepreneurship and social innovation in minority communities.
The sweetest startup - with frosting
New Cleveland eats, international flair
Handmade sausage returns to Slavic Village, a success story from Guanajuato to Cleveland and the rebirth of the Cleveland Grill's Mediterranean soul round out this plate of local culinary delights.
 
Bloom Bakery raising 'dough' to help others
"Creating jobs is our secret ingredient."
 
Such is the slogan of Bloom Bakery, a downtown entity that offers premium pastries and breads as well as opportunities for Clevelanders facing employment barriers. Now the social venture is asking for a little extra "dough" to continue its mission.
 
Last week, Bloom Bakery launched a $25,000 Indiegogo crowdfunding campaign to provide capital for its Campus District location at 1938 Euclid Av... Read more >
Bloom Bakery opens on Public Square