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23 Emerging Technologies Articles | Page: | Show All

uptown district one of five finalists for urban excellence award

"The vibrant redevelopment of a corridor linking art, educational and healthcare institutions with surrounding neighborhoods, creating lively outdoor gathering spaces, retail shops and restaurants, student and market-rate housing, and public transit connections," stated the Bruner Foundation its website.

Read the full list of winners here.

forbes says midwest can lead the wearable tech revolution

"One region that might benefit from the rise of wearables the most, interestingly, is the Midwest," writes NorTech's Rebecca Bagley in this insightful article.

"'The rise of wearable and embedded electronics is driven by advances in printed and flexible sensor technology,” says Rick Earles, director of cluster acceleration at Team NEO. “Midwest companies are at the forefront of sensor innovation and many already offer cutting-edge products and applications.'"

Read the full story here.

the midwest is on track for its strongest year in startup investing

"From Chicago’s city of big shoulders to the new businesses bolstering Detroit’s renaissance; in Cleveland and Cincinnati and Kansas City and St. Louis, startup economies are flourishing across the Midwest," writes Jonathan Shieber in TechCrunch.

"The proof is in events like Steve Case’s Rise of the Rest tour, a whistle-stop paean to entrepreneurship whose first leg wrapped up over the summer. Case just finished his second turn through the Midwest this month, writing $100,000 checks to winners of pitch competitions in cities like Madison, Wis., Minneapolis, Des Moines, St. Louis and Kansas City."

Read the full story here.

newsweek highlights lee road, the 'bitcoin boulevard' in cleveland heights

In a Newsweek article titled "Bitcoin Makes the Jump to Brick-and-Mortar in Cleveland," reporter Joe Kloc describes the details of a new digital currency, Bitcoin, and how numerous retailers on Lee Road in Cleveland Heights have adapted the system.

"Most of the customers at Mitchell’s Fine Chocolates in Cleveland Heights, Ohio, are locals who have been reared from birth on its chocolate-covered marshmallows, pecan turtles and half-dipped apricots," Kloc writes. "But lately, says Bill Mitchell, the shop’s 54-year-old proprietor, there have been some new faces."
Mitchell goes on to describe a fresh-faced couple who recently shopped at his store, and while the visit was unremarkable, the payment was anything but.
“I couldn’t even tell you what they bought,” the Mitchell confessed. But what he does remember is how the couple paid: "with about 0.12 bitcoins."

"Mitchell is one of a dozen shop owners on Lee Road in Cleveland Heights who have joined together to accept the controversial digital cryptocurrency in the hope of attracting new customers, and as a way to avoid credit card fees. Since May 1, bitcoiners have traveled to the tree-lined street in northeast Ohio from as far away as North Carolina. Here, they trade their bitcoins for ice cream cones, haircuts and handmade Colombian bracelets, and are sent off with a 'buh-bye now,' the local parlance on what bills itself as America’s first Bitcoin Boulevard."

“We don’t expect a windfall,” says Nikhil Chand, founder of the bitcoin consultancy CoinNEO, who conceived of Bitcoin Boulevard late last year. “This is about so much more -- about the hurt from the fees through traditional payment.”

Read the rest of the story here.


entrepreneur mag says 'think like cleveland' to boost biz growth

In an Entrepreneur feature titled "Think Like Cleveland: 6 Ingredients to Boosting Business Growth," Jane Porter writes how Cleveland went from being on the bottom of the list in terms of startup-friendly cities to being near the top.
"In an Entrepreneur ranking of startup-friendly cities in 2002, Cleveland came in 61 out of 61. At the time, entrepreneurs had little by way of funding options and the startup economy was suffering," writes Porter.
But thanks in large part to the formation of Jumpstart, a nonprofit organization focused on helping idea-stage tech companies gain access to funds and resources, things began to turn around -- quickly.
The feature goes on to enumerate the six key ingredients that helped propel Cleveland forward, including innovators, advocates and storytellers.
Read the entire feature here.

young companies and startups aid both local and state economies

In a Techli story titled “Greater Cleveland Startups Improve Ohio With Jobs, Tax Dollars and Impact,” writer Annie Zaleski explores how important startups and young companies are to the success of a region’s economy.
In a study from Cleveland State University, a report found that 127 young companies generated $270 million in economic benefits for Ohio in 2012 alone.
“The companies in the report -- a group comprised of businesses that successfully leveraged things such as business assistance or seed capital -- helped create and retain 1,100 in-state direct jobs (with a total Ohio employment impact of 2,140). In the last three years, these very young companies are already contributing significantly -- more than $688 million -- to Ohio’s economy.”
The story goes on to discuss that the figures only represent a small portion of development in the region and do not encompass all of Northeast Ohio. Taking that into account, the importance of startups and young companies on the economy becomes even more significant.
Enjoy the full piece here.

nytimes says all eyes on cma in the museum world

In a New York Times feature titled “Technology That Serves to Enhance, Not Distract,” Fred A. Bernstein explores the attention the Cleveland Museum of Art has been garnering for its groundbreaking Gallery One exhibit.
“In the museum world, everyone’s watching Cleveland right now,” said Erin Coburn, a museum consultant who has worked at both the J. Paul Getty Museum and the Metropolitan Museum of Art. Though other museums have experimented with interactive technology, the extent of Cleveland’s program is unprecedented, she said. “They’ve put a lot out there for other museums to learn from.”
The museum also treats iPads users to more and different information by giving an interactive feel to the displays, while still keeping focus on the artwork itself. If you do not have an iPad, one can be rented from the museum for just $5 per day.
Read the entire feature here.

fast co. praises cle art museum's gallery one

In a Fast Company story titled “5 Lessons IN UI Design From A Breakthrough Museum,” Cliff Kuang proclaims the Cleveland Museum of Art as a case study for blending physical and virtual worlds thanks to Gallery One.
The museum's goal was to utilize technology in a way where it was interactive and fun, but still let the artwork shine and remain the focal point.
"We didn’t want to create a tech ghetto," says David Franklin, the museum’s director. Adds Local Projects founder Jake Barton, "We wanted to make the tech predicated on the art itself."
From getting people to wiggle and smile, to shaping the content to the medium, to looking through the tech, not at it, Gallery One and the CMA had a challenge on their hands, and met it head on.
Enjoy the full feature here.

wired mag reviews tremont electric's n-power peg

Wired magazine gets its hands on Tremont Electric’s nPower PEG, and gives it the onec over.

Titled "Need to Gas Up Your Phone? Take a Lap," the feature tests the device and gives it good marks.

"Here’s a familiar scenario: You’re walking somewhere, and you realize you’re going to be late. You reach for your phone to call, but your battery is as dead as Osama. You need some juice, stat. But with no outlet or charger nearby, you’re up the ol’ creek again."

"I’ve just tested a device made for moments like these: Tremont Electric’s nPower PEG backup charger. It purports to capture the energy your body gives off just by just walking or cycling, funneling volts into your dead cellphone battery, and bringing the device back to life or extending talk-time into the great beyond."

And the final verdict:

"Recharges cellphones with low or dead batteries using the kinetic energy of your bodily movements. 14 ounces and not too bulky, so you can carry it anywhere. Great for emergencies."

Read the rest of the review here.

'nerd-friendly' shaker launchhouse featured in the altantic

Alexis Madrigal, senior editor at The Atlantic, has been writing about "Rust Belt" startups as part of an ongoing series called "Startup Nation."

In a feature titled, "A Space to Be an Entrepreneur and Not Feel Like You Have Leprosy Here in Cleveland," he writes about Shaker LaunchHouse, where an abandoned car dealership has been transformed into a "lively space for Cleveland's nerds and entrepreneurs alike."

"Run by native Clevelander Dar Caldwell, LaunchHouse takes a bunch of the weird and geeky things going on in the Bay and compresses them into one glorious space filled with entrepreneurs, developers, designers, and (I use this word lovingly) nerds," Madrigal writes.

Writing about some of the more eccentric "tenants," he notes, "I'm not sure I could explain to an economic development officer or even some venture capitalists why these guys are so important in the formation of new companies, why you need them drinking beer with the entrepreneurs, or why their love for the sheer thingness of things is so exhilarating. But I'll put it like this: these guys are the wizards, even if they aren't the kings or the knights. They're the soul of a tech scene, even if they may never sign a term sheet, trademark a name, or raise seed capital. And where they are, there is magic."

Read the rest of the news here.

greater cle firms nabbed $1B in vc cash in 5 years

According to a report released by the Venture Capital Advisory Task Force based on data provided by investors and collected by tech-based development organizations BioEnterprise and JumpStart, Greater Cleveland companies attracted $961 million from venture capitalists and angel investors from 2007 to 2011.

That figure represents a 26-percent increase in dollars when compared to the previous five years.

“There is a dramatic change in the activity, the number of investable companies and the quality of the companies in the pipeline in Northeast Ohio from 10 years ago,” says Bill Trainor, co-founder and Managing Director of Mutual Capital Partners Funds I & II.

The bulk of the money went to companies in the fields of biopharmaceuticals, medical devices, healthcare service, IT, and software.

“We’re only beginning to see the results of the public, private and philanthropic initiatives begun almost 10 years ago to accelerate the successes of startups in the state,” says Doug Weintraub, JumpStart’s chair and an active investor in the region. “Given that Northeast Ohio started ramping up activity to assist and support the creation and growth of tech companies in 2005 and 2006 -- and that the National Venture Capital Association estimates the average time from initial investment to a company’s exit is about nine years -- we can expect even more success stories in the coming years.”
Read the rest of the news here.

nasa + rta + h = h2o + go

A new partnership between NASA and the Greater Cleveland RTA has resulted in a space-age bus (oxymoron alert!).
Powered by a hydrogen fuel cell, which converts hydrogen gas into water and electricity, the bus can travel the streets of Cleve for up to 100 miles per "fill-up."
The plan is to install a hydrogen fueling station at the RTA garage in East Cleveland that will power the fuel cell bus.
"The purpose of the project is to demonstrate alternative energy technologies and build awareness for hydrogen fuel cells," reports WKSU's Jeff St. Clair. "Northeast Ohio is a center for fuel cell research. The state's Third Frontier Fuel Cell program, from 2003 to 2011, pumped $90 million into fuel cell research and manufacturing in Ohio."
For a great description on how fuel cells work, listen to this broadcast from WKSU.

green jobs surge ahead in recession, including cleveland

Triple Pundit, a publication that covers "people, planet, and profit," recently published an article that counters assumptions that the green economy is just a passing fad.
"To hear conservative commentators tell it, the green economy is a fad, with trumped up benefits, offering jobs that only come at the expense of conventional jobs. And now, they say, with a recession raging all around us, is not the time to be investing money in a more sustainable future," writes the reporter.
Rather, "global demand for renewables grew by 31 percent during 2011 to nearly $250 billion. Last month, renewable energy jobs in the European Union broke through to 1.14 million, finally exceeding through the milestone million. The report goes on to say that the EU is on track to meet their goal of 20% renewables by 2020."
Closer to home, clean energy jobs in the US, in the years 1998-2007, grew by 9.1% while overall jobs grew by only 3.7%.
Mark Muro, of the Brookings Institution, says the 100,000 green jobs were added between 2003-2010, with the highest levels of growth occurring in areas with green tech clusters, like Albany, NY and Cleveland, OH.
Read the rest of the good, green news here.

freshwater wind farm snags $500k grant from uncle sam

The push to plant the nation's first freshwater wind farm just offshore from Cleveland has just received some financial assistance from The Department of Energy. The grant is part of a $43 million package intended to speed technical innovations, lower costs, and shorten the timelines for wind energy deployment.
Freshwater Wind, a private Cleveland-based developer selected by Lake Erie Energy Development Corporation (LEEDCo) to build the initial 20-30 megawatt offshore wind project, is the recipient.
“This award from the DOE validates the work done thus far by LEEDCo and Freshwater Wind and confirms the Lake Erie project is the farthest advanced project in the Great Lakes. Our next step is to gain policy backing from Ohio that will ensure Ohio remains in a leadership position,” says Chris Wissemann, Managing Director at Freshwater Wind.
Read the rest of the good news here.

tech sector growth in cleveland tops businessweek list

"Tech jobs are one bright spot in the economy," Businessweek announces. "The hiring spree taking place in that sector isn't limited to Silicon Valley. Cities across the country are enjoying a boost in employment thanks to information technology jobs."

"The tech sector is fueling a job boom that stands in stark contrast to the malaise of the general job market. The nationwide unemployment rate ticked up to 9.2 percent in June, according to the Bureau of Labor Statistics. At the same time, the unemployment rate for tech professionals dropped to 3.3 percent, from 5.3 percent in January."

And nowhere, according to a recent ranking by the magazine, is that growth stronger than here in Cleveland.

Claiming the No. 1 spot thanks to 107-percent growth, Cleveland saw the biggest boost in tech sector jobs in July compared to a year ago. Technology career website Dice.com tracks the cities with the biggest year-over-year growth in job listings.

According to the article, the companies that are doing the most hiring in Cleveland are IBM and Deloitte & Touche. They are looking for employees with skills in systems integration, software engineering and project management.

Read the rest of the rankings here.
23 Emerging Technologies Articles | Page: | Show All
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