The Fund for Our Economic Future has awarded $5.3 million in grants to six regional economic development organizations collaborating to improve Northeast Ohio's economic competiveness. The Fund has been awarding these year-long grants since 2004.
"Part of what we do through grant making is develop a system in Northeast Ohio that we know hits on things that work," says Brad Whitehead, president of the Fund. "The purpose is to advance the economic agenda in Northeast Ohio."
The Fund for Our Economic Future is a collaboration of more than 100 foundations, organizations and philanthropists from across Northeast Ohio that strengthens the region's economic competitiveness through grant making, public engagement and research.
The grant recipients are: BioEnterprise, JumpStart, MAGNET, Minority Business Accelerator 2.5+, NorTech, and Team NEO. "Collectively, these six organizations have strengthened Northeast Ohio's economy contributing more than 2,000 new jobs, $47 million in payroll and attracting $371 million in capital," explains David Abbott, chairman of the Fund and executive director of the George Gund Foundation.
These six organizations best represent and support industries that have great growth potential -- namely manufacturing in emerging markets.
"Early on we identified the areas in which we need to work on, and we've tried to have constancy in these organizations," says Whitehead. "For a long time people thought that because we're a manufacturing economy that that was a bad thing. What we're learning is Northeast Ohio manufacturing is still an important part of our economy. We're turning old growth manufacturing into new growth products. Manufacturing is cool again."
More than 750 people turned out at the new home of Shaker LaunchHouse last week to welcome the business incubator and celebrate entrepreneurial business in the region.
Speakers included Senator Sherrod Brown, Shaker Heights Mayor Earl Leiken, author and entrepreneur Ratanjit Sondhe, Benoy Joseph and Dick Pogue. Brown is the author of the Business Incubator Promotion Act and has spearheaded efforts to reduce brain drain in Ohio. Sondhe, founder of Poly-Carb in Solon, spoke about the importance of entrepreneurial communities. He mentioned that he wished LaunchHouse was around when he was starting out.
Pogue announced that the first corporate gift from the Shaker Heights Development Corporation for the economic development work at Shaker LaunchHouse is $25,000 from New York Community Bank.
Thirty-five companies exhibited in the 23,000-square-foot renovated car dealership, including LaunchHouse's 12 portfolio companies as well as area entrepreneurs educating visitors on their endeavors. Companies included everything from Wow! Cookies!, a gourmet cookie delivery company, to Sunflower Solutions, which develops and manufactures renewable energy products.
"The huge turnout for this event goes to show that this region is ready to support entrepreneurial efforts," said Todd Goldstein, co-founder of LaunchHouse. "I saw a lot of introductions take place that night so the networking alone is going to produce some real opportunities going forward."
Guests were treated to a buffet of hors d'oevres during the event, and the Umami Moto food truck was also on site. SLH plans to host regular entrepreneurial events in addition to weekly educational meetings.
Source: Todd Goldstein
Writer: Karen Connelly
The Center for Public History and Digital Humanities at Cleveland State University has made Cleveland history easily accessible with the launch of Cleveland Historical 2.0. The free mobile app is a combination of archival footage of Cleveland neighborhoods in the 1930s and 1940s as well as a comprehensive oral history.
"Imagine Cleveland as a living museum and we're trying to curate it," says Mark Tebeau, associate professor of history and co-director of the Center for Public History. "We're finding ways in which our own stories help us understand Cleveland better."
The app includes more than 700 interviews as part of the Cleveland Regional Oral History Collection and is a result of the combined effort by teachers, students, historians and community members. The organization has also posted many of the video oral histories on You Tube.
"As far as we know, no one else is using video for oral histories in this way," says Tebeau. "These are really great expert interviews. If you don't record it, you lose their voices."
The project has been recognized by the National Council on Public History as one of the best in the world, and received an honorable mention in the 2011 Outstanding Public History Project awards.
Tebeau has received requests worldwide to create similar apps in other cities. He is helping Spokane with a similar project through Eastern Washington University in Cheney, Washington. Locally, he is currently working with the Detroit Shoreway and Gordon Square Arts District to build their walking tours into the app for Gordon Square Arts Day on June 11, as well as Cleveland Heights Historical Society and the Downtown Cleveland Alliance.
For 26 years, Nanofilm has been creating formulas for cleaning products and optical coatings in Valley View. Similarly, SDG Inc. in the Cleveland Clinic's Innovation Center has spent the last 16 years developing nanotechnologies in the medical and healthcare fields.
Until recently, the two were unaware of the each other's existence. Then, at a nanotechnologies networking meeting run by Polymer Ohio, Nanofilm's president and CEO Scott Rickert and SDG co-founder and senior vice president Robert Geho crossed paths. The meeting was the beginning of partnership in which each company brings their talents to the table to develop new products.
In early May Nanofilm and SDG Inc. signed a comprehensive joint development and licensing agreement to develop and commercialize nano-formulas that combine the two companies' technologies. Among the planned projects is development of technology to control the release and toxicity of bio-active agents at the nano-scale. Potential applications include longer lasting anti-bacterial surface treatments.
"I'm very excited about this," says Rickert. "Up until this point we have not had any way to do anything unique in the medicine and healthcare markets. We both have experience in the technology, but didn't know the other one's areas. This will allow us to take polymer films and make bioactive products that make our lives better and safer."
Rickert sees huge growth potential in the partnership. "It's going to be huge," he says. "Every time we come out with a new product announcement I see us hiring 20 more people." Rickert says they hope to announce their first new product development sometime this year.
Source: Scott Rickert
Writer: Karin Connelly
MedWorks in Shaker Heights was quick to come to the rescue of those ravaged by the tornado in Joplin, Missouri, this week. MedWorks, a non-profit organization that provides free healthcare clinics for the under insured and uninsured in Ohio, sent a truck full of medical supplies to Joplin just 24 hours after the disaster.
The MedWorks team was at WKYC Channel 3 on Tuesday for an unrelated meeting. While there, a Facebook friend of reporter Eric Mansfield volunteered to put them in touch with her brother-in-law, a doctor in Joplin who was working at a triage center.
With that, MedWorks founder Zac Ponsky and his team set to work compiling everything from disposable gloves and bandages to crutches and canes and other medical supplies. The supplies were put on a truck donated by Berman Moving and Storage in Cleveland along with numerous palettes of drinking water donated by Giant Eagle.
"It was just a matter of being in the right place at the right time," says MedWorks office manager Alyson Andrassy. "It was communication, the right resources and the right place. Our goal is to find a need and fill it. We're trying to be that liaison between Joplin and Ohio."
The truck left at 6:30 p.m. Monday, while Ponsky and director of operations Julie Namy were on a plane to Joplin Tuesday to further evaluate what is needed. "They will see who needs what and where," says Andrassy. "When the truck arrives the supplies will be distributed where it's needed most and they will assess what volunteers are needed and if they need other supplies."
New Life Community and Interfaith Hospitality Network of Greater Cleveland (IHN) have come together to form Family Promise of Greater Cleveland, the largest organization in Greater Cleveland focused exclusively on helping homeless families transform their lives and achieve long-term stability while helping families remain together.
The two organizations officially merged on May 1. For the past two years, the organizations have worked to integrate staff, resources and programming to serve more families with even better outcomes at a lower cost per household served. Since 1990, New Life Community has helped more than 700 families. IHN has served more than 450 families since its shelter program was formed in 1998.
Family Promise will serve more than 100 families a year. "The goal is to definitely help families become self-sufficient and find new housing as rapidly as possible, and then maintain their housing long-term," says associate director Sarah Cruise. "By merging we've been able to combine our programming and serve more families long-term."
Two facilities -- an emergency shelter in Tremont for up to six days and interim housing in Mount Pleasant for up to six months -- a job preparedness program and case management services will give families all the resources to get back on their feet. "We're developing a relationship," says Cruise. "We can access services in the community and help with crises, the spiraling down that happens.
The home-based case management aspect of Family Promise is helping to serve more families quickly. "There is such demand for family housing," says Cruise. "By moving families faster, and individualizing the services, we're really serving families in a way that promotes long-term stability."
This time last year, SparkBase had a handful of customers and seven full-time employees. Today, the company has grown to 20 employees.
"Lately we have grown exponentially," says Andrew Kraynak, vice president of marketing for SparkBase. "In the past six to nine months we have really seen things take off."
In fact, SparkBase is hiring 10 more people to keep up with current needs. The company is looking for everything from client service managers to Java developers. "We're staffing based on current needs," says Kraynak. "We'd like to be ahead of the curve and hire ahead of the curve."
Kraynak attributes SparkBase's success to hard work by the company's founders. "A small company takes time to get traction and for the message to resonate," he says. There was a lot of heavy lifting by the founders and we're beginning to see the fruits of that."
Kraynak also gives a nod to Cleveland's support of small business. "A lot of people believe in us," he says. "Clevelanders are working together and they are supportive of small business here. Many of our investors are from Northeast Ohio."
Source: Andrew Kraynak
Writer: Karin Connelly