local organizations honored with prestigious economic development award

IEDCIEDC

JumpStart, NorTech and the Greater Cleveland Partnership (GCP) each were recognized by the International Economic Development Council for their work in economic development efforts in the region with gold excellence in economic development awards.

JumpStart received the award for entrepreneurship, NorTech received the award for technology-based economic development, and GCP received the award for its business retention and expansion program.

Although each organization won in different categories, JumpStart director of communications Samantha Fryberger says it shows the unified effort put behind Cleveland’s economic success. “I think it shows a collaborative regional approach to economic development,” she says. “It recognizes that the approach we’re taking is innovative. The framework is set for a community that comes together collectively as a model.”

JumpStart’s efforts to support and grow technology entrepreneurs earned the organization honors. NorTech was recognized in particular for its innovation cluster models, which identify and foster growing industry groups. In the first half of 2012, the GCP’s business retention and expansion team completed 17  projects that resulted in 2,010 jobs created and 3,492 jobs retained. Thirty-three projects are now in the works.

Fryberger is pleased that each organization’s efforts are being recognized on a national level. “There’s a collaborative spirit of regionalism and it’s starting to get noticed,” she says. “And that’s really a great thing.”


Source: Samantha Fryberger
Writer: Karin Connelly

Karin Connelly Rice
Karin Connelly Rice

About the Author: Karin Connelly Rice

Karin Connelly Rice enjoys telling people's stories, whether it's a promising startup or a life's passion. Over the past 20 years she has reported on the local business community for publications such as Inside Business and Cleveland Magazine. She was editor of the Rocky River/Lakewood edition of In the Neighborhood and was a reporter and photographer for the Amherst News-Times. At Fresh Water she enjoys telling the stories of Clevelanders who are shaping and embracing the business and research climate in Cleveland.