Palo Alto-based Technology Crossover Ventures (TCV) recently invested $66 million in Beachwood-based TOA Technologies, the largest ever venture-backed investment in an Ohio software company and the fourth largest of its kind in the nation last year.

TOA, which provides on-demand mobile workforce management solutions, began looking for investors about a year ago as part of its long-term growth plan. “We were looking at our ability to meet the opportunity ahead o... Read more >

OnShift, which produces staff scheduling software for the healthcare and senior living industries, recently made new additions to its software to comply with Affordable Care Act (ACA) requirements. The ACA, which goes into effect in 2014, puts penalties on companies that mismanage employee’s part-time and full-time hours. OnShift’s new predictive analytics helps employers keep better track of employees’ hours.
 
“Labor is the number-one operati... Read more >

Researchers at CWRU School of Medicine and the Cleveland Clinic Lerner Research Institute have discovered a way to restore bladder function in rats with severe spinal cord injuries. Jerry Silver, professor of neurosciences at CWRU School of Medicine, and Yu-Shang Lee, assistant staff scientist in the Cleveland Clinic’s Lerner Research Institute, paired a traditional nerve bridge graft with scar degrading and growth factor treatments to grow new nerve cells. 

Th... Read more >

The fourth annual Cleveland Give Camp will be held this weekend on the LeanDog boat by Burke Lakefront Airport. Organizers are expecting 200 volunteers to turn out from Friday, July 19 to Sunday, July 21 to help 18 chosen non-profits with their software and web-based application projects.
 
In addition to the developers, project managers, designers, creative professionals and other techies, volunteers do everything from making sure everyone is well fed to cleaning up.... Read more >

WorkAdvance, a national program that provides low-income and low-skilled individuals with employment training, in conjunction with Towards Employment, a Cuyahoga County-based employment readiness agency, and seven other collaborators, has enrolled 465 local participants in its training program.

Enrollment began in June. The participants are receiving skills training and career services in manufacturing and healthcare. Rebecca Kusner, director of WorkAdvance, says two-thir... Read more >

Knowta recently raised more than $300,000 in angel investments, exceeding its goal of $250,000 to roll out the next phase of its software solution. The LaunchHouse company offers free or discounted printing at libraries in exchange for accepting advertising on the bottom of the printed pages. A percentage of the revenue generated from the full-color ads is then returned to the libraries to offset their costs.
 
Initially, founder Ryan Clark and his four... Read more >

BlueBridge Networks isn’t trying to be the biggest cloud-based data storage and recovery company; the Cleveland-based company simply wants to be the best for its customers. To ensure that it is, BlueBridge recently announced a $6 million investment in technology to build the best network and facilities possible.

“We are controlling our own destiny,” explains managing director and partner Kevin Goodman. “We’re building our network to be cheape... Read more >

Lynde Vespoli has a background in the tourism industry. When she started hearing about projects like the Global Center for Health Innovation, the Cleveland Convention Center and the Horseshoe Casino, as well as plans to host the National Senior Games this summer and the Gay Games next, Vespoli decided to put her talents in destination management to work.
 
Last November Vespoli started Discover My Cleveland, a Destination Management Company. “Think of it as a on... Read more >

Zuga Medical, a medical device company, recently received a $250,000 investment from JumpStart to launch its dental implant system. In April Zuga received FDA approval for its system, which allows a general dentist to perform implants using a screw, a procedure previously done only by oral surgeons.
 
“Our patent-pending technology makes it simpler, easier and more cost-effective for both the dentist and the patient,” says Zuga CEO Steve Cornelius, who met... Read more >

As an entrepreneurship/business management senior at Ohio University, and the president of the school’s Entrepreneurship Club, Richard Rodman has started two successful companies during his studies. Most recently, he noticed the need for some guidance in the crowdfunding trend.

So Rodman first started 530Funds in November 2012, a search engine and news site for the crowdfunding industry. “It was really hard to sift through Google to find the right platform,&rd... Read more >

Both Bizdom and LaunchHouse received hundreds of entrepreneurs applying for their respective accelerator programs this year. LaunchHouse received a record 115 applications for 10 spots in its 2013 LHX accelerator program, while Bizdom already has seen more than 100 applications this year from all over the country.

Both organizations each received $200,000 from Ohio’s New Entrepreneurs (ONE) Fund earlier this year. So, Bizdom and LaunchHouse decided to collaborate in... Read more >

Fifteen early stage business owners will have a chance to pitch their companies on the Cavs’ practice court tonight, Thursday, June 13, at Open Pitch Night. The free event, sponsored by Bizdom, The Incubator at MAGNET, Herman Miller and APG Office Furnishings, is designed to let owners of young companies perfect their pitches in front of a live audience.
 
“It’s an opportunity for them to get up in front of a group and practice their pitches, get som... Read more >

Jillian Davis’ Toast wine bar opened in the Gordon Square Arts District April 15 and her unique take on food, wine and cocktails fits right into the neighborhood. The restaurant/wine bar specializes in doing things a little differently.

“We serve revitalized farm fare, and most of what we serve is locally sourced,” says Davis. “We have wines that are off the beaten path and craft cocktails.” In fact, Toast makes their own tonics for their coc... Read more >

During the past school year, Youth Opportunities Unlimited (Y.O.U.) brought entrepreneurship education to five area high schools. Certified entrepreneur teachers helped more than 200 students come up with business ideas, create the businesses and execute the plans.
 
On May 23, 11 semi-finalists gathered at Ernst and Young’s education center in Cleveland to present their final business pitches in hopes of winning the E City (Entrepreneurship: Connecting, Inspiri... Read more >

Elisabeth Sapell admits that she has a sweet tooth. But she also grew up in her family’s grocery store, Sapell’s Bi-Rite in Lakewood. So she paired her love for candy with her knowledge of the grocery store industry and will soon open the supermarket of candy stores, Candytropolis on Richmond Road across from Richmond Mall.

“It’s a large candy superstore,” Sapell explains. “It’s 6,000 square feet of pretty much every candy you can... Read more >

The Cuyahoga County Next Generation Council (NGC) will host Spark Plug, an event to celebrate small business growth and the region’s many opportunities for funding and growth, June 6 at Negative Space Gallery. The event kicks off Small Business Incubator Month.
 
“Spark Plug is focused on small business accelerators and incubators,” says Tammy Oliver, program organizer and a member of NGC. “It brings together all of the amazing resources we hav... Read more >

Kelli Hanley sees the big picture in cooking -- and she wants to teach people the whole concept of it, from sourcing the produce, to understanding what’s in your pantry, to putting a meal on the table. So she started The Agrarian Collective, a mobile cooking school that does just that.

“When I started The Agrarian Collective, I envisioned an Earth-to-table lifestyle school,” she explains. “My approach is around understanding the relationships ... Read more >

Bizdom Cleveland has invested in 16 young companies since it set up shop in January 2012, and the organization is targeting 18 more companies this year. While many of the companies are local startups, Bizdom also scours the country in search of promising businesses to recruit to Cleveland.

So far Bizdom has brought four companies to Cleveland: Queryly from New York, MascotSecret from San Francisco, Firmly Planted from Los Angeles and CourseBuffet from Seattle.
 <... Read more >

The Cleveland Culinary Launch and Kitchen and the Economic and Community Development Institute (ECDI) will be hosting a business incubator for food and beverage entrepreneurs this summer. The nine-week program will focus on the specifics of opening a food-related business -- from food safety and nutrition to marketing and product development.

“We’ll really touch on everything to get a business off the ground,” says Emily Sullivan, ECDI Cleveland operatio... Read more >