TOA, a developer and provider of field service and mobile management applications, was named to the Forbes Most Promising Companies in America list, ranking 81 out of 100 and the only Ohio company on the list of privately-held, high-growth companies. TOA went through a rigorous application process to be chosen from thousands of applicants.

“It’s a big honor for us,” says John Opdycke, TOA’s vice president of worldwide marketing. Opdycke and others ... Read more >

Shaker LaunchHouse raised $15,000 at its second annual gala, held last week at Crawford Galleries of Western Reserve Historical Society. The money will help support Cleveland’s budding entrepreneurs. More than 260 attended the event, which was sponsored by the Shaker Heights Development Corporation.
 
“It was huge,” says LaunchHouse co-founder Todd Goldstein. “There were entrepreneurs, business leaders, successful CEOs of companies and people f... Read more >

4 Walls, a Cleveland designer and manufacturer of digital wall coverings for residential and commercial markets, has partnered with Sherwin-Williams in a new program, SurroundDecor.

The program caters primarily to the health care, hospitality, retail and corporate markets, and features new original digital designs printed on premium recycled PVC-free material. Customers choose their designs, colors and sizes and SurroundDesign creates custom murals for their spaces.
&... Read more >

SafeCare, which provides continuous monitoring and background checks of employees in the healthcare industry, received a $25,000 grant in November from the Innovation Fund. The money will help SafeCare expand and refocus the company, which was formed out of Bizdom Cleveland’s inaugural class in April 2012.

The grant will allow SafeCare to concentrate more on the B2B market, rather than the consumer market. The company monitors employees on a monthly basis against na... Read more >

Salaries for technology professionals working in Cleveland rose by double percentage points over last year, according to the 2013-2012 Dice Salary Survey from Dice, a career site for technology and engineer professionals.

Salaries for tech and engineering jobs rose 11 percent in the city, compared to the national average of just 5.3 percent. The average salary in 2012 was $75,773, compared to $68,519 in 2011 and $65,045 in 2007, according to the report.
 
&ld... Read more >

In 2012, Northeast Ohio was a popular place for venture capitalists and angel investors to back startup companies. Investments nationally decreased by 10 percent last year, and decreased in the rest of Ohio by 33 percent, according to a study in The MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association.
 
But in Northeast Ohio, according to the Northeast Ohio Venture Capital Advisory Task Force, 105 tech-based companies in Greater Cle... Read more >

Jenni Baker and three of her friends were talking one day and realized they all had some degree of background in event planning. The realization sparked an idea. “We decided to come together and form this company,” says Baker.
 
So, in January 2012, Baker, Holly Lauch, Timi Kormos and Jane Diemer started Cardigan Events. Baker and Lauch work on the development and business side of the company, while Diemer and Kormos apply their talents on the creative and... Read more >

Great Lakes NeuroTechnologies (GLNT), which creates biomedical technologies for the treatment of movement disorders, announced last week that they will be leading a study to improve algorithms for deep brain stimulation in treating Parkinson’s disease.

The study will use GLNT’s Kinesia technology and is funded by a $283,828 phase I Small Business Innovative Research grant from the National Institutes of Health's National Institute of Neurological Diso... Read more >

What began as a game and website development company in 1996 has blossomed into a thriving developer of software products.

After creating internal software that allowed UrbanCode to track the progress of its own software development projects, the company began developing similar products for its customers. UrbanCode products help their customers get their software to production faster -- decreasing time to market and ultimately getting their technology to the end users qu... Read more >

Phil Alexander and Mohit Ahluwalia realized something when they were earning their MBAs at CWRU: that people in all segments of businesses are charged with creating presentations at some point in their careers. However, not everyone has the talent -- or budget to hire an agency -- to create an eye-catching presentation.

“Thirty million PowerPoint presentations are made every day across America,” says Alexander.
 
So Alexander and Ahluwalia thought... Read more >

JumpStart recently invested $250,000 in Guided Interventions, a startup company that has developed technology to assess coronary artery blockages. The company was formed two years ago and has been mainly focused on developing its intellectual property and proof of concepts, says Guided Interventions CEO Matthew Pollman.

“The concept is revolutionary,” Pollman says. “It uses a pressurized guideline to measure fractional flow reserve (FFR). It facilitates ... Read more >

Five student entrepreneurial teams will compete in the semifinals at the Ohio Clean Energy Challenge in Columbus on January 29, presenting their business plans and technologies to a panel of judges for the chance to win $10,000 and an opportunity to go on to the Midwest regional competition in Chicago.

The event is hosted by the University Clean Energy Alliance of Ohio (UCEAO) and NorTech as part of the Department of Energy’s National Clean Energy Business Plan Comp... Read more >

Great Lakes NeuroTechnologies (GLNT), which creates biomedical technologies, received Therapeutic Goods Administration (TGA) approval to market its Kinesia technology in Australia. The technology is used to assess and find treatments for Parkinson’s disease.
 
“The Kinesia system is used for quantitative assessment of Parkinson’s motor systems, which include tremors, bradykinesia, or slow motor movements, and rigidity,” explains Joe Giuffrida, ... Read more >

When Dave Lazor founded Lazorpoint nearly 16 years ago, he had a vision of building a full-service IT firm that would allow clients to focus on what they do best and not worry about whether their information services capabilities were the right match.

“We think, build and run informational systems that instill confidence,” explains Lazor. “Entrepreneurs or mid-market CEOs are focused on running their businesses and servicing their customers. They kn... Read more >

Genna Petrolla is working in Cleveland’s economic development department, improving the city’s website and blog, as well as helping to increase exposure to the city’s loan and grant program. She is one of three people at city hall in a two-year fellowship through the Strong Cities, Strong Communities (SC2) fellowship program.

Launched in September by the German Marshall Fund of the United States, Cleveland State University and Virginia Polytechnic Instit... Read more >

About 15 years ago Nick Stevovich was experiencing the familiar burn in his legs from bike racing. He thought to himself, there has to be a better way to pedal a bicycle.

“I thought how do I overcome leg fatigue and still get the same performance,” he says. “About the same time I was rollerblading.” With that the idea for Motion Resolution was born.

Stevovich is developing an improved bike pedal that uses some of the concepts of rollerblad... Read more >

Jonathan Yale has always been socially conscious. As an athlete, he is also concerned about what foods he puts into his body. Those two principles came together when Yale and Phillip Williams founded HooftyMatch last August, an online marketplace for buying and selling locally produced meats.

“It started from a nutritional aspect,” says Yale. “I actually went to farms and bought some whole animals. I started educating myself on all the different factors ... Read more >

Milo Biotechnology, a BioEnterprise startup created to find therapies for neuromuscular diseases, received FDA orphan drug designation for its AAV1-FS344, a drug that increases muscle strength.
 
The drug is a myostatin inhibitor that produces the protein follistatin, which increases muscle strength. Milo is focused on using the drug for treatment of Becker and Duchenne muscular dystrophy. In both types of the disease, patients have progressive muscle weakness and car... Read more >