Entrepreneurs + Innovators
According to Gil Van Bokkelen, chairman and CEO of Athersys,
inflammatory bowel disease (IBD) continues to be a debilitating
condition for many people. Could Athersys' MultiStem cell therapy
product benefit the more than two million people worldwide who suffer
from some form of IBD, such as ulcerative colitis?
A new phase II clinical trial will search for the answer. Athersys, in collaboration with Pfizer Inc., is conducting a study involving about 126 people in clinical sites across North America and Europe. Participants will receive multiple doses of either MultiStem or a placebo over the course of several weeks. Baseline and eight-week evaluations will be conducted, and all patients will receive follow-up evaluations through 12 months.
MultiStem is produced from nonembryonic tissues such as adult bone marrow. The human stem cells in the product have the ability to reduce inflammation, protect damaged tissue or form new blood vessels in injured areas. In addition to ulcerative colitis and other forms of inflammatory bowel disease, MultiStem has shown promise in aiding with bone marrow transplants and in the treatment of damage from ischemic strokes, which is caused by a blockage in blood flow to the brain.
Athersys trades on the NASDAQ and has experienced steady growth during the last 12 months.
SOURCE: Athersys
WRITER: Diane DiPiero
A new phase II clinical trial will search for the answer. Athersys, in collaboration with Pfizer Inc., is conducting a study involving about 126 people in clinical sites across North America and Europe. Participants will receive multiple doses of either MultiStem or a placebo over the course of several weeks. Baseline and eight-week evaluations will be conducted, and all patients will receive follow-up evaluations through 12 months.
MultiStem is produced from nonembryonic tissues such as adult bone marrow. The human stem cells in the product have the ability to reduce inflammation, protect damaged tissue or form new blood vessels in injured areas. In addition to ulcerative colitis and other forms of inflammatory bowel disease, MultiStem has shown promise in aiding with bone marrow transplants and in the treatment of damage from ischemic strokes, which is caused by a blockage in blood flow to the brain.
Athersys trades on the NASDAQ and has experienced steady growth during the last 12 months.
SOURCE: Athersys
WRITER: Diane DiPiero
upscale barbershop adds polish to larchmere retail district
James Boyd has wanted to be a barber since he was 13 years old. "My dad cut our hair when we were kids, and I was the one who was fascinated by the clippers," recalls Boyd.
Boyd had a natural gift that soon grew into a flourishing business. "I started cutting hair in our house, giving haircuts to friends and Shaker High School athletes," says the 33-year-old.
Two years ago, Boyd and business partner Lathan Bennett transformed a former garage on Larchmere Boulevard into Polished Professionals (12511 Larchmere Blvd.), an elegant, upscale barbershop.
"We wanted to create a men's barbershop with a professional atmosphere," explains Boyd.
Polished Professionals, one of a dozen or so barbershops and hair salons on Larchmere, is now a community hub within this multicultural neighborhood. "Barbers are very community-oriented, and we want to be a pillar on Larchmere," says Boyd.
In the past several years, the number of barbershops and hair salons on Larchmere has grown steadily. The street, which has been an art and antiques district for decades, has in recent years added an eclectic, diverse group of services to its retail mix.
Boyd lived in Las Vegas from 2003 until 2005, when he moved home because he was homesick and missed having four seasons. "I lived the Vegas life for a while, but I wanted to raise my family here," he says.
For Boyd, owning his own business was about "starting a legacy and controlling my destiny," he says. "My grandfather was an entrepreneur, and everyone in my family looked up to him. It was also my mom's last wish that I start my business."
Source: James Boyd
Writer: Lee Chilcote
Boyd had a natural gift that soon grew into a flourishing business. "I started cutting hair in our house, giving haircuts to friends and Shaker High School athletes," says the 33-year-old.
Two years ago, Boyd and business partner Lathan Bennett transformed a former garage on Larchmere Boulevard into Polished Professionals (12511 Larchmere Blvd.), an elegant, upscale barbershop.
"We wanted to create a men's barbershop with a professional atmosphere," explains Boyd.
Polished Professionals, one of a dozen or so barbershops and hair salons on Larchmere, is now a community hub within this multicultural neighborhood. "Barbers are very community-oriented, and we want to be a pillar on Larchmere," says Boyd.
In the past several years, the number of barbershops and hair salons on Larchmere has grown steadily. The street, which has been an art and antiques district for decades, has in recent years added an eclectic, diverse group of services to its retail mix.
Boyd lived in Las Vegas from 2003 until 2005, when he moved home because he was homesick and missed having four seasons. "I lived the Vegas life for a while, but I wanted to raise my family here," he says.
For Boyd, owning his own business was about "starting a legacy and controlling my destiny," he says. "My grandfather was an entrepreneur, and everyone in my family looked up to him. It was also my mom's last wish that I start my business."
Source: James Boyd
Writer: Lee Chilcote
glbc scores more gold for its cold products
Great Lakes Brewing Company, Ohio's most celebrated microbrewery, has announced that three of its beers snagged gold medals at the 2011 World Beer Championships, a rigorous and respected beer evaluation conducted by the Beverage Testing Institute of Chicago.
Conway's Irish Ale, a seasonal offering, received 90 points and an "Exceptional" rating in the "Irish Style Ale" category. Commodore Perry, available year-round, earned 92 points and an "Exceptional" rating in the "India Pale Ale" category. Burning River, also available year-round, scored 91 points in the "American Style Pale Ale" category.
These three beers have collectively earned 17 gold medals at the World Beer Championships since GLBC's founding in 1988.
Drink up the rest of the good news here.
Conway's Irish Ale, a seasonal offering, received 90 points and an "Exceptional" rating in the "Irish Style Ale" category. Commodore Perry, available year-round, earned 92 points and an "Exceptional" rating in the "India Pale Ale" category. Burning River, also available year-round, scored 91 points in the "American Style Pale Ale" category.
These three beers have collectively earned 17 gold medals at the World Beer Championships since GLBC's founding in 1988.
Drink up the rest of the good news here.
Palookaville Chili, a new restaurant set to open next month in Ohio City, is seeking to reeducate your taste buds. Owner and budding chef Ian P.E., who says he makes "a mean pot of chili," offers a blunt description of what will set his place apart.
"This is gourmet chili, not the slop you'll find at most places," boasts P.E., who lived in San Francisco before returning to Cleveland in 2007. "Most chili is tomato-based and uses ground beef and cinnamon, whereas our beef is cubed, and we use cumin, dried chilis and poblano peppers. It's based off classic Southwestern cuisine and pretty spicy."
Most of the menu items at Palookaville, which will be open for lunch and dinner, are affordably priced in the $5 to $9 range. Some of the menu choices include chicken verde with fresh poblano and tomatillo, a spicy vegan chili with garbanzo beans, and a rotating special. Toppings include sour cream, onions, cheese and peppers. The menu will also include chili dogs, chili-cheese nachos, and tacos.
P.E. is an artist and entrepreneur who grew up in Cleveland's south suburbs. In 2008 he founded the arts publication Pink Eye Magazine with his girlfriend Leigh Ring to fill a void in local arts coverage, yet all the while he dreamed of opening his own restaurant. Frustrated by the lack of quality chili in his hometown, he decided to create his own brand. "There isn't another place in Cleveland to get authentic chili," he claims.
P.E. isn't worried that the vacant storefronts and slow pace of redevelopment along Lorain will deter patrons. He believes his restaurant will benefit from being close to Ohio City's Market District, which is fast becoming a hub for local food entrepreneurs.
"Cleveland is a great place for entrepreneurs, and Lorain is cheap," he says. "In the past, no one had the balls to put something here."
Source: Ian P.E.
Writer: Lee Chilcote
"This is gourmet chili, not the slop you'll find at most places," boasts P.E., who lived in San Francisco before returning to Cleveland in 2007. "Most chili is tomato-based and uses ground beef and cinnamon, whereas our beef is cubed, and we use cumin, dried chilis and poblano peppers. It's based off classic Southwestern cuisine and pretty spicy."
Most of the menu items at Palookaville, which will be open for lunch and dinner, are affordably priced in the $5 to $9 range. Some of the menu choices include chicken verde with fresh poblano and tomatillo, a spicy vegan chili with garbanzo beans, and a rotating special. Toppings include sour cream, onions, cheese and peppers. The menu will also include chili dogs, chili-cheese nachos, and tacos.
P.E. is an artist and entrepreneur who grew up in Cleveland's south suburbs. In 2008 he founded the arts publication Pink Eye Magazine with his girlfriend Leigh Ring to fill a void in local arts coverage, yet all the while he dreamed of opening his own restaurant. Frustrated by the lack of quality chili in his hometown, he decided to create his own brand. "There isn't another place in Cleveland to get authentic chili," he claims.
P.E. isn't worried that the vacant storefronts and slow pace of redevelopment along Lorain will deter patrons. He believes his restaurant will benefit from being close to Ohio City's Market District, which is fast becoming a hub for local food entrepreneurs.
"Cleveland is a great place for entrepreneurs, and Lorain is cheap," he says. "In the past, no one had the balls to put something here."
Source: Ian P.E.
Writer: Lee Chilcote
The idea behind Urban Infant came to Eric Eichhorn when his sister Kelly Friedl had her first child. "All of the baby gear had ducks, bunnies or bears on it," he recalls. "I wanted to get beyond pink and blue to something that had solid, hip colors and was edgy."
Eichhorn and Friedl, who lived in Chicago, dreamed of products that would be geared towards parents "making the conscious decision to raise kids in an urban environment," Eichhorn explains. Friedl's expertise in graphic design combined with Eichhorn's business background led to the formation, in 2001, of Urban Infant.
Today, the Urban Infant has taken on a life of its own and sales are growing. In January, the partners leased a workshop in the 78th Street Studios, a complex of creative-minded businesses in the Detroit-Shoreway neighborhood. "We used to work out of our homes and closets, but then we went to an L.A. trade show, got a rep and began to expand," explains Eichhorn, who moved to Cleveland in 2004.
The Urban Infant's biggest seller is the Tot Cot, an all-in-one pillow, blanket and bed sheet that makes naptime simple for toddlers attending daycare or preschool. The Tot Cot's bedding is made of recycled PET plastic bottles. "It's cool to give someone something that has a previous life," says Eichhorn, who has made sustainability a core aspect of the business.
The Urban Infant also recently created a line of washable bibs made from recycled plastic bags. The bibs, each of which is unique and handmade, feature slogans such as "Thank You" and "American Greetings" (where Eichhorn now works as a business consultant). Priced at $18, the bibs are available at boutiques and museum stores across the country, as well as online.
The bibs are created by fusing together layers of plastic bags using a heat press. Eichhorn regularly scours the recycling bin at Dave's Supermarket in Ohio City for bags, ignoring strange looks from passers-by. He has also enlisted his friends in foreign countries to help collect bags, especially unusual ones.
Although Eichhorn and Friedl have yet to quit their day jobs, Urban Infant has gained a following. In January, the company's products were featured in Parenting magazine and on the Today Show.
Eichhorn and his wife recently celebrated the birth of their daughter Essa. Despite not getting enough sleep, Eichhorn is already working on several new product lines. And now that he has a child of his own, he's even more dialed in to the needs of urban parents.
Source: Eric Eichhorn
Writer: Lee Chilcote
Eichhorn and Friedl, who lived in Chicago, dreamed of products that would be geared towards parents "making the conscious decision to raise kids in an urban environment," Eichhorn explains. Friedl's expertise in graphic design combined with Eichhorn's business background led to the formation, in 2001, of Urban Infant.
Today, the Urban Infant has taken on a life of its own and sales are growing. In January, the partners leased a workshop in the 78th Street Studios, a complex of creative-minded businesses in the Detroit-Shoreway neighborhood. "We used to work out of our homes and closets, but then we went to an L.A. trade show, got a rep and began to expand," explains Eichhorn, who moved to Cleveland in 2004.
The Urban Infant's biggest seller is the Tot Cot, an all-in-one pillow, blanket and bed sheet that makes naptime simple for toddlers attending daycare or preschool. The Tot Cot's bedding is made of recycled PET plastic bottles. "It's cool to give someone something that has a previous life," says Eichhorn, who has made sustainability a core aspect of the business.
The Urban Infant also recently created a line of washable bibs made from recycled plastic bags. The bibs, each of which is unique and handmade, feature slogans such as "Thank You" and "American Greetings" (where Eichhorn now works as a business consultant). Priced at $18, the bibs are available at boutiques and museum stores across the country, as well as online.
The bibs are created by fusing together layers of plastic bags using a heat press. Eichhorn regularly scours the recycling bin at Dave's Supermarket in Ohio City for bags, ignoring strange looks from passers-by. He has also enlisted his friends in foreign countries to help collect bags, especially unusual ones.
Although Eichhorn and Friedl have yet to quit their day jobs, Urban Infant has gained a following. In January, the company's products were featured in Parenting magazine and on the Today Show.
Eichhorn and his wife recently celebrated the birth of their daughter Essa. Despite not getting enough sleep, Eichhorn is already working on several new product lines. And now that he has a child of his own, he's even more dialed in to the needs of urban parents.
Source: Eric Eichhorn
Writer: Lee Chilcote
As founder, president and CEO of Quality Electrodynamics (QED) and founder of solar energy company eQED, Hiroyuki Fujita seems to have his finger on the pulse of emerging innovations. He believes in Cleveland's ability to be a major player, especially in bioscience.
At the recent Summit on Leadership at the Union Club, which this reporter attended, Fujita talked about what's still needed to make Cleveland the undisputed leader in healthcare-related industries.
"Cleveland is very strong in biomedicine," said Fujito, who came here from Japan in 1992 to attend Case Western Reserve University. Where Cleveland needs to develop is in the technical areas that support production. "There should be an education program like medical device assembly to train people so they're ready to go," he said.
"The technology is here -- it goes back to the steel industry in Cleveland," Fujita continued. "It's a matter of transforming that talent to help the biotechnology industry."
Fujita also noted that communication between biotech companies and local suppliers would help form important connections. "Local suppliers may not realize that they can help us," he said.
Fujita started QED five years ago. The company, which manufactures MRI coils, has 75 employees and has partnerships with Toshiba and Siemens. QED has been recognized by Forbes and Inc. magazines as one of the country's fastest growing companies.
SOURCE: Hiroyuki Fujita
WRITER: Diane DiPiero
At the recent Summit on Leadership at the Union Club, which this reporter attended, Fujita talked about what's still needed to make Cleveland the undisputed leader in healthcare-related industries.
"Cleveland is very strong in biomedicine," said Fujito, who came here from Japan in 1992 to attend Case Western Reserve University. Where Cleveland needs to develop is in the technical areas that support production. "There should be an education program like medical device assembly to train people so they're ready to go," he said.
"The technology is here -- it goes back to the steel industry in Cleveland," Fujita continued. "It's a matter of transforming that talent to help the biotechnology industry."
Fujita also noted that communication between biotech companies and local suppliers would help form important connections. "Local suppliers may not realize that they can help us," he said.
Fujita started QED five years ago. The company, which manufactures MRI coils, has 75 employees and has partnerships with Toshiba and Siemens. QED has been recognized by Forbes and Inc. magazines as one of the country's fastest growing companies.
SOURCE: Hiroyuki Fujita
WRITER: Diane DiPiero
Could Lakewood become a hotbed for entrepreneurial talent? If the new effort Startup Lakewood fulfills its mission, the city will in the near future be home to a fresh new crop of entrepreneurs with innovative business ideas.
Startup Lakewood is a new program formed collaboratively between the City of Lakewood, Lakewood's Chamber of Commerce, LakewoodAlive, and Pillars of Lakewood. The program consists of biweekly brainstorming meetings held in various cafes around Lakewood and led by Mike Belsito, a startup business developer. Startup Lakewood also invites entrepreneurial experts to share insights with would-be entrepreneurs.
The two-hour brainstorming sessions are free and open to all residents of Lakewood.
Startup Lakewood has initiated Startup U, a monthly program at Virginia Marti College of Art and Design to further enlighten Lakewood residents about the ins and outs of startups. The first session takes place April 5, from 6:30 to 8:30 p.m., and looks at resources in Lakewood and Cleveland that are available to newbie entrepreneurs.
SOURCE: Startup Lakewood
WRITER: Diane DiPiero
Startup Lakewood is a new program formed collaboratively between the City of Lakewood, Lakewood's Chamber of Commerce, LakewoodAlive, and Pillars of Lakewood. The program consists of biweekly brainstorming meetings held in various cafes around Lakewood and led by Mike Belsito, a startup business developer. Startup Lakewood also invites entrepreneurial experts to share insights with would-be entrepreneurs.
The two-hour brainstorming sessions are free and open to all residents of Lakewood.
Startup Lakewood has initiated Startup U, a monthly program at Virginia Marti College of Art and Design to further enlighten Lakewood residents about the ins and outs of startups. The first session takes place April 5, from 6:30 to 8:30 p.m., and looks at resources in Lakewood and Cleveland that are available to newbie entrepreneurs.
SOURCE: Startup Lakewood
WRITER: Diane DiPiero
glbc's conway's irish ale 'beer o' the week'
In honor of St. Patrick's Day, Chicagoist named Great Lakes Brewing Co.'s Conway's Irish Ale its "Beer of the Week." This is the second time Chicagoist has featured a GLBC beer, the first being the Edmund Fitzgerald Porter a few years ago.
"Conway's is a smooth-drinking 6.5% ABV ale that pours brownish-orange with a quickly dissipating off-white head. It's sweeter than you might expect, and lighter, too - this beer is almost too easy to drink as it warms up, which doesn't strike us as being a problem. Malty and toasty with hints of black tea and just a hint of coriander, the Conway's is far preferable to just about anything else you'll see people drinking at 10a.m. on the 17th."
The post suggests that Chicagoans skip the usual Guinness or cheap green beer and enjoy a few Conway's Irish Ales instead. "It ain't no Jameson's poured into a Shamrock Shake, but we think you'll be happy with it."
Slainte to that!
Drink up the whole pint here.
"Conway's is a smooth-drinking 6.5% ABV ale that pours brownish-orange with a quickly dissipating off-white head. It's sweeter than you might expect, and lighter, too - this beer is almost too easy to drink as it warms up, which doesn't strike us as being a problem. Malty and toasty with hints of black tea and just a hint of coriander, the Conway's is far preferable to just about anything else you'll see people drinking at 10a.m. on the 17th."
The post suggests that Chicagoans skip the usual Guinness or cheap green beer and enjoy a few Conway's Irish Ales instead. "It ain't no Jameson's poured into a Shamrock Shake, but we think you'll be happy with it."
Slainte to that!
Drink up the whole pint here.
These days, it seems that everyone is singing Pittsburgh's praises. Our Rust Belt neighbor to the east recently scored a Google corporate office. And last year, perennial Cleveland-basher Forbes Magazine named Pittsburgh the country's most livable city. Ouch. Clearly Pittsburgh is doing something right. Simply put: That city is light years ahead of Cleveland when it comes to bike-friendliness -- and bike-friendly cities are more attractive to young professionals, the creative-class folks who hold the keys to economic prosperity.
Brian Cook stands in the oval-shaped dining room of an apartment at Ludlow Castle, a signature Tudor-style building off Shaker Square. The distinctive room has hardwood floors and opens up to a sunken living room with wood-burning fireplace and a wall of windows overlooking the street.
"My wife would kill for an oval-shaped dining room like this," Cook says, "and for the closet space in these units."
The neighborhoods of Shaker Square have long been a popular draw for individuals and families that are seeking the conveniences and amenities of apartment living. Now, a Cleveland real estate developer is restoring and rejuvenating many of the apartment buildings on North and South Moreland, a densely populated apartment corridor.
Cook represents Crossroads Property Management, a real estate management and development firm owned by Paul Gabrail. CPM operates 14 buildings on North and South Moreland between Larchmere Boulevard and Buckeye Road -- a concentration of over 300 units, or nearly half of the total units on these two blocks. Over the past few years, the owner has steadily upgraded and improved these apartments.
"We want our buildings to set the tone for the street," says Cook.
Asked why he has chosen the Shaker Square area to focus on, Cook cites the fact that he and his wife are homeowners who are raising a family in nearby Shaker Heights. "I believe that Shaker Square and the surrounding neighborhoods have to stay strong," Cook says. "We have a great city neighborhood -- a dense, walkable community with affordable housing that's close to public transit."
The redevelopment of North and South Moreland apartment buildings is a sound investment, Cook and Gabrail argue, since the neighborhood continues to attract apartment dwellers and maintain relatively low vacancy rates. Tenants range from the "Meds and Eds" of University Circle to downtown-commuting professionals and long-time neighborhood residents seeking a low-maintenance lifestyle.
Cook is confident that his buildings will hold their value and prove successful over time. As the quality of the properties have been improved, he and Gabrail have been able to increase rents and improve resident-retention rates, thus garnering a more professional tenant base while maintaining the economic diversity of the neighborhood.
"These properties were built very well and the improvements we are doing will secure their place in the market for many years to come," Cook says.
Source: Brian Cook
Writer: Lee Chilcote
"My wife would kill for an oval-shaped dining room like this," Cook says, "and for the closet space in these units."
The neighborhoods of Shaker Square have long been a popular draw for individuals and families that are seeking the conveniences and amenities of apartment living. Now, a Cleveland real estate developer is restoring and rejuvenating many of the apartment buildings on North and South Moreland, a densely populated apartment corridor.
Cook represents Crossroads Property Management, a real estate management and development firm owned by Paul Gabrail. CPM operates 14 buildings on North and South Moreland between Larchmere Boulevard and Buckeye Road -- a concentration of over 300 units, or nearly half of the total units on these two blocks. Over the past few years, the owner has steadily upgraded and improved these apartments.
"We want our buildings to set the tone for the street," says Cook.
Asked why he has chosen the Shaker Square area to focus on, Cook cites the fact that he and his wife are homeowners who are raising a family in nearby Shaker Heights. "I believe that Shaker Square and the surrounding neighborhoods have to stay strong," Cook says. "We have a great city neighborhood -- a dense, walkable community with affordable housing that's close to public transit."
The redevelopment of North and South Moreland apartment buildings is a sound investment, Cook and Gabrail argue, since the neighborhood continues to attract apartment dwellers and maintain relatively low vacancy rates. Tenants range from the "Meds and Eds" of University Circle to downtown-commuting professionals and long-time neighborhood residents seeking a low-maintenance lifestyle.
Cook is confident that his buildings will hold their value and prove successful over time. As the quality of the properties have been improved, he and Gabrail have been able to increase rents and improve resident-retention rates, thus garnering a more professional tenant base while maintaining the economic diversity of the neighborhood.
"These properties were built very well and the improvements we are doing will secure their place in the market for many years to come," Cook says.
Source: Brian Cook
Writer: Lee Chilcote
"Bioscience is one of the driving forces in Cleveland," said Baiju Shah, president and CEO of BioEnterprise. In case you need hard numbers to back up that claim, Shah noted that more than 600 healthcare related companies exist in the region.
Shah served as moderator for the 4th Annual Summit on Leadership, which was presented on March 10 by the Cleveland Business Leaders Committee of the Union Club.
What does Cleveland have that innovators in biomedicine and healthcare seek? According to Hiroyuki Fujita, founder, president and CEO of Quality Electrodynamics (QED), it's the established presence of top-notch healthcare, research and educational institutions. "Cleveland is known throughout the world in the healthcare industry," he said. "With major players like Cleveland Clinic, University Hospitals and Case Western Reserve University, it's a one-stop shop."
Backed by this level of support, entrepreneurs, inventors and researchers feel confident developing technologies and creating start-ups in Cleveland. "The surgeons at the Clinic take time to work with medical companies," said Patrick McBrayer, president and CEO of AxioMed Spine Corporation. "I have never seen a more nurturing group."
Gil Van Bokkelen, chairman and CEO of Athersys, Inc., agreed. "Cleveland is a good place to establish a company and get things started. There's a lot more energy here than I anticipated."
And there's potential for much greater growth in the next 10 to 15 years, according to Geoffrey Thorpe, founder of NDI Medical. "People are leaving California for the first time, which means there's an opportunity for the Midwest to be competitive."
Sources: Baiju Shah, Hiroyuki Fujita, Patrick McBrayer, Gil Van Bokkelen
Writer: Diane DiPiero
Shah served as moderator for the 4th Annual Summit on Leadership, which was presented on March 10 by the Cleveland Business Leaders Committee of the Union Club.
What does Cleveland have that innovators in biomedicine and healthcare seek? According to Hiroyuki Fujita, founder, president and CEO of Quality Electrodynamics (QED), it's the established presence of top-notch healthcare, research and educational institutions. "Cleveland is known throughout the world in the healthcare industry," he said. "With major players like Cleveland Clinic, University Hospitals and Case Western Reserve University, it's a one-stop shop."
Backed by this level of support, entrepreneurs, inventors and researchers feel confident developing technologies and creating start-ups in Cleveland. "The surgeons at the Clinic take time to work with medical companies," said Patrick McBrayer, president and CEO of AxioMed Spine Corporation. "I have never seen a more nurturing group."
Gil Van Bokkelen, chairman and CEO of Athersys, Inc., agreed. "Cleveland is a good place to establish a company and get things started. There's a lot more energy here than I anticipated."
And there's potential for much greater growth in the next 10 to 15 years, according to Geoffrey Thorpe, founder of NDI Medical. "People are leaving California for the first time, which means there's an opportunity for the Midwest to be competitive."
Sources: Baiju Shah, Hiroyuki Fujita, Patrick McBrayer, Gil Van Bokkelen
Writer: Diane DiPiero
Ever wonder who is responsible for the elements of a restaurant that guests don't eat? This engaging video offers a behind-the-scenes look at the artistic players who had a hand in designing Michael Symon's B Spot restaurant. Like Symon, these characters are all "CIA grads." But rather than attending the Culinary Institute of America, Scott Richardson, Paul Sobota and Alexander Lombardo graduated from the Cleveland Institute of Art. Thanks to Jeff Mancinetti for providing the video.
James DeRosa purchased the old Marshall McCarron's bar at Randall and John Avenue in Ohio City with dreams of reviving it as a hip restaurant.
Then, in 2008, the economy did a spectacular nosedive. Unable to get a loan to make even basic repairs on the dilapidated property, DeRosa and his partners put their dreams on hold. A mounting list of code violations soon landed them in housing court.
"We were faced with the option of tearing the property down or fixing it up," says DeRosa. "The neighbors thought it was important that this corner building be saved, and we didn't want to create another vacant lot in the city of Cleveland."
Eventually DeRosa and his partners Beth Kalapos and Thomas Stickney were able to obtain rehabilitation financing through Cleveland Action to Support Housing (CASH), a nonprofit whose mission is to revitalize Cleveland neighborhoods through repair and rehabilitation lending.
"This project wouldn't have happened without the CASH program," says DeRosa. "They helped us get a reduced interest rate on our rehab loan so the project would have cash flow."
CASH uses Community Development Block Grant funds from the City of Cleveland to subsidize rates through a linked deposit program. The interest rate that CASH offers is 3% below the typical bank rate -- right now, the rate is 2.6%. The nonprofit also helps owners to hire a contractor, develop a list of repairs, and complete inspections.
Today, the old Marshall McCarron's has been renovated into two new market-rate apartments -- a two-story, townhouse-style unit on the street and a three-story apartment in the back. There's also a new, stamped concrete patio where the bar's patio once sat.
The tavern, which was built in the late 1800's, has an illustrious history. The original property had likely been two separate houses, DeRosa says. They were pulled together -- most likely by horses -- to create the tavern.
"When we renovated the property, we found the seam between the two original houses, and we put the dividing wall back in to create two apartments," he says.
In the end, the historic tavern was not only saved, but handsomely restored. "We made mistakes, but we learned a lot and are proud of the project," says DeRosa.
Source: Jamie DeRosa
Writer: Lee Chilcote
Then, in 2008, the economy did a spectacular nosedive. Unable to get a loan to make even basic repairs on the dilapidated property, DeRosa and his partners put their dreams on hold. A mounting list of code violations soon landed them in housing court.
"We were faced with the option of tearing the property down or fixing it up," says DeRosa. "The neighbors thought it was important that this corner building be saved, and we didn't want to create another vacant lot in the city of Cleveland."
Eventually DeRosa and his partners Beth Kalapos and Thomas Stickney were able to obtain rehabilitation financing through Cleveland Action to Support Housing (CASH), a nonprofit whose mission is to revitalize Cleveland neighborhoods through repair and rehabilitation lending.
"This project wouldn't have happened without the CASH program," says DeRosa. "They helped us get a reduced interest rate on our rehab loan so the project would have cash flow."
CASH uses Community Development Block Grant funds from the City of Cleveland to subsidize rates through a linked deposit program. The interest rate that CASH offers is 3% below the typical bank rate -- right now, the rate is 2.6%. The nonprofit also helps owners to hire a contractor, develop a list of repairs, and complete inspections.
Today, the old Marshall McCarron's has been renovated into two new market-rate apartments -- a two-story, townhouse-style unit on the street and a three-story apartment in the back. There's also a new, stamped concrete patio where the bar's patio once sat.
The tavern, which was built in the late 1800's, has an illustrious history. The original property had likely been two separate houses, DeRosa says. They were pulled together -- most likely by horses -- to create the tavern.
"When we renovated the property, we found the seam between the two original houses, and we put the dividing wall back in to create two apartments," he says.
In the end, the historic tavern was not only saved, but handsomely restored. "We made mistakes, but we learned a lot and are proud of the project," says DeRosa.
Source: Jamie DeRosa
Writer: Lee Chilcote
Two Cleveland organizations aimed at drawing area teens toward an interest in employment and business have joined forces. E CITY Cleveland (which stands for Entrepreneurship: Connecting, Inspiring and Teaching Youth) and Y.O.U. (Youth Opportunities Unlimited) united earlier this year to pool their resources and heighten their outreach.
E CITY's entrepreneurial programs were completed by more than 300 teens last year. Y.O.U.'s offerings, which include mentoring and job placement, made a difference for more than 4,600 teens in Cuyahoga County, many of whom were considered at-risk or in danger of not completing their high school studies.
The offerings of each organization are unique so that, when combined, they provide a full package of opportunities for young adults ages 14 to 19 to pursue their interests and develop life skills.
Y.O.U. and E CITY will focus on integrating volunteers and sharpening their combined offerings. Another goal of the merger is to develop additional programs for children in the City of Cleveland and elsewhere in the region.
SOURCE: Y.O.U.
WRITER: Diane DiPiero
E CITY's entrepreneurial programs were completed by more than 300 teens last year. Y.O.U.'s offerings, which include mentoring and job placement, made a difference for more than 4,600 teens in Cuyahoga County, many of whom were considered at-risk or in danger of not completing their high school studies.
The offerings of each organization are unique so that, when combined, they provide a full package of opportunities for young adults ages 14 to 19 to pursue their interests and develop life skills.
Y.O.U. and E CITY will focus on integrating volunteers and sharpening their combined offerings. Another goal of the merger is to develop additional programs for children in the City of Cleveland and elsewhere in the region.
SOURCE: Y.O.U.
WRITER: Diane DiPiero
news of american greetings' decision goes national
ABC News reported on American Greetings' recent announcement that its headquarters, which employs 2,000 people, will remain in Northeast Ohio.
American Greetings, the largest publicly traded greeting-card maker in the U.S., said last year that it was considering a move to Chicago due to increased city income taxes in its hometown of Brooklyn.
Ohio Governor John Kasich lobbied to keep the company in Ohio by signing legislation to create substantial tax incentives. "The company presented an oversized thank-you card to Kasich, who told employees the deal would help families."
American Greetings also announced that while it will remain in Northeast Ohio, it might move its headquarters to another Cleveland suburb, such as Beachwood, Brecksville, Independence, or Westlake.
Open the card here.
American Greetings, the largest publicly traded greeting-card maker in the U.S., said last year that it was considering a move to Chicago due to increased city income taxes in its hometown of Brooklyn.
Ohio Governor John Kasich lobbied to keep the company in Ohio by signing legislation to create substantial tax incentives. "The company presented an oversized thank-you card to Kasich, who told employees the deal would help families."
American Greetings also announced that while it will remain in Northeast Ohio, it might move its headquarters to another Cleveland suburb, such as Beachwood, Brecksville, Independence, or Westlake.
Open the card here.
Homeowners were taking out equity loans with alarming abandon just a few years ago, yet now many are reluctant to invest money in their homes. "With housing values falling, demand for home repair loans has also fallen," says Larry Slenczka, Vice President of Community Development for Dollar Bank.
Yet Dollar Bank continues to finance home rehabs through a partnership with Cleveland Action to Support Housing (CASH), a nonprofit whose mission is to revitalize Cleveland neighborhoods through home repair lending.
"CASH has been successful in identifying projects driven by investors," says Slenczka. "Their transactions tend to be very solid loans that have a very low default rate." CASH offers investors and owner-occupants a reduced interest rate. Currently, that interest rate is 2.6%.
Even as the average homeowner sits on the sidelines, some rehabbers are jumping in and finding deals. And the glut of vacant properties in Cleveland has presented an opportunity for savvy investors; while foreclosure rates nationwide reached their lowest level in four years last month, Cleveland still has a backlog of empty homes.
Yet while it seems anyone with a credit card can snap up a cheap foreclosure -- plumbing optional, of course -- that's just the beginning of the process. Getting a loan is no simple feat. Struggling with unsold inventories, many banks are cautious about lending to investors, while others aren't lending at all.
That's where CASH comes in. The nonprofit's partnerships with Dollar Bank and other lenders help owners get financing. In addition to offering a reduced rate, CASH helps owners to pick a contractor, develop a list of repairs, and inspect the work.
"Everybody wins," says Slenczka. "The neighborhood benefits from reinvestment, the benefits from private investment, and the bank benefits from a healthy market return."
Source: Larry Slenczka
Writer: Lee Chilcote
Yet Dollar Bank continues to finance home rehabs through a partnership with Cleveland Action to Support Housing (CASH), a nonprofit whose mission is to revitalize Cleveland neighborhoods through home repair lending.
"CASH has been successful in identifying projects driven by investors," says Slenczka. "Their transactions tend to be very solid loans that have a very low default rate." CASH offers investors and owner-occupants a reduced interest rate. Currently, that interest rate is 2.6%.
Even as the average homeowner sits on the sidelines, some rehabbers are jumping in and finding deals. And the glut of vacant properties in Cleveland has presented an opportunity for savvy investors; while foreclosure rates nationwide reached their lowest level in four years last month, Cleveland still has a backlog of empty homes.
Yet while it seems anyone with a credit card can snap up a cheap foreclosure -- plumbing optional, of course -- that's just the beginning of the process. Getting a loan is no simple feat. Struggling with unsold inventories, many banks are cautious about lending to investors, while others aren't lending at all.
That's where CASH comes in. The nonprofit's partnerships with Dollar Bank and other lenders help owners get financing. In addition to offering a reduced rate, CASH helps owners to pick a contractor, develop a list of repairs, and inspect the work.
"Everybody wins," says Slenczka. "The neighborhood benefits from reinvestment, the benefits from private investment, and the bank benefits from a healthy market return."
Source: Larry Slenczka
Writer: Lee Chilcote
When you grab a quick cat nap during the day, you run the risk of either sleeping too little so that you're yawning in front of your co-workers or sleeping so much that you snooze right through your 2 p.m. sales meeting.
Local inventor Jonathan Husni wants you to get the ideal 20 minutes of quality sleep so you can be your productive self. Husni's Power-Nap Machine is a pocket-sized media player that produces inaudible sound waves that induce REM sleep -- the short, deep rest that accounts for about 90 to 120 minutes of a good night's sleep. While the sound waves work their magic, the user hears only a pleasant waterfall. At the end of it, the Power-Nap brings "the user to a refreshed state of heightened wakefulness," Husni says.
The nap machine is part of the Power Nap group of sleep products that includes CDs filled with computer-generated sound waveforms. Power Nap line of products was created by Acendex, a Beachwood-based network technology firm. Husni is president and founder of Acendex.
SOURCE: Jonathan Husni
WRITER: Diane DiPiero
Local inventor Jonathan Husni wants you to get the ideal 20 minutes of quality sleep so you can be your productive self. Husni's Power-Nap Machine is a pocket-sized media player that produces inaudible sound waves that induce REM sleep -- the short, deep rest that accounts for about 90 to 120 minutes of a good night's sleep. While the sound waves work their magic, the user hears only a pleasant waterfall. At the end of it, the Power-Nap brings "the user to a refreshed state of heightened wakefulness," Husni says.
The nap machine is part of the Power Nap group of sleep products that includes CDs filled with computer-generated sound waveforms. Power Nap line of products was created by Acendex, a Beachwood-based network technology firm. Husni is president and founder of Acendex.
SOURCE: Jonathan Husni
WRITER: Diane DiPiero
antenna mag devours cle’s current crop of food trucks
Antenna Magazine visited Cleveland's current crop of food trucks as part of the series "Fast Food: Taste-testing the best of what the nation's roads have to offer." The series has also featured food trucks in New York City, Washington, D.C., New Orleans, Los Angeles, and Portland.
The reporters were pleasantly surprised by what Cleveland had to offer. "Sure, the weather was below freezing, but the people we met and the food we ate made us happy we'd made our way there. Maybe it was because their food was filled with pride and love for their city."
Their first stop was Asian-fusion truck Umami Moto, started by couple Jae Stulock and Sandy Madachik. "While a lot of Cleveland trucks shut down during winter, these two braved the weather with their hot Thai, Vietnamese, Korean and all-around Asian dishes."
Next up was Dim and Den Sum, serving "comfort food with an Asian twist." After working for major restaurants in New York and Arizona, Chris Hodgson returned to his native Cleveland to launch Dim and Den Sum. Hodgson gives back to the community by providing ex-convicts with culinary training and counseling so that they can be placed into jobs upon completion of the program.
The writers also were impressed by the fresh-faced Jibaro truck, which serves Caribbean food. "Fully aware of what we put in our bodies, they use only the leanest meats and whole grains, combining ingredients like seaweed and bison burgers that are shockingly delicious."
Seti's Polish Boys, in business since 2001, was another Antenna favorite. "You could say that Seti's Polish Boys is kind of the original gangsta of food trucks." The sausage sandwiches are topped with French fries, coleslaw and barbeque sauce.
"One bite and dribble down our sleeves, and we knew exactly why Seti is the Cleveland legend he is."
Digest the rest here.
The reporters were pleasantly surprised by what Cleveland had to offer. "Sure, the weather was below freezing, but the people we met and the food we ate made us happy we'd made our way there. Maybe it was because their food was filled with pride and love for their city."
Their first stop was Asian-fusion truck Umami Moto, started by couple Jae Stulock and Sandy Madachik. "While a lot of Cleveland trucks shut down during winter, these two braved the weather with their hot Thai, Vietnamese, Korean and all-around Asian dishes."
Next up was Dim and Den Sum, serving "comfort food with an Asian twist." After working for major restaurants in New York and Arizona, Chris Hodgson returned to his native Cleveland to launch Dim and Den Sum. Hodgson gives back to the community by providing ex-convicts with culinary training and counseling so that they can be placed into jobs upon completion of the program.
The writers also were impressed by the fresh-faced Jibaro truck, which serves Caribbean food. "Fully aware of what we put in our bodies, they use only the leanest meats and whole grains, combining ingredients like seaweed and bison burgers that are shockingly delicious."
Seti's Polish Boys, in business since 2001, was another Antenna favorite. "You could say that Seti's Polish Boys is kind of the original gangsta of food trucks." The sausage sandwiches are topped with French fries, coleslaw and barbeque sauce.
"One bite and dribble down our sleeves, and we knew exactly why Seti is the Cleveland legend he is."
Digest the rest here.
The Global Cardiovascular Innovation Center (GCIC) on the Cleveland Clinic campus has taken another step toward advancing cardiovascular technology with the addition of Irish medical device solutions provider Creganna-TactX. Specializing in the design of minimally invasive innovations, Creganna-TactX has opened its Cleveland office to support local medical device manufacturers while partnering with the Clinic to develop further advancements.
"Our key markets are in cardiovascular, periferovascular and neurovascular technologies," says Randall Sword, business development director for Creganna-TactX. "Our technologies are not readily available in the Cleveland area. Part of our mission is to support local businesses and hopefully grow a presence."
In addition to its headquarters in Galway, Ireland, Creganna-TactX has locations in Campbell, California; Marlborough, Massachusetts; Plymouth, Minnesota; and Singapore. The new Cleveland office "provides us access to the Clinic and their world-class physicians," Sword says. The Clinic's resources could offer input into development and manufacturing to benefit current customers while helping to evaluate new projects to meet future demands, according to Sword.
The Cleveland office will initially be staffed with one or two part-time employees. "We'd like to grow that as soon as possible," Sword says. "Our intention is to try to grow to a small lab that can work with the Clinic and their physicians and support local small businesses in development."
SOURCE: Randall Sword
WRITER: Diane DiPiero
"Our key markets are in cardiovascular, periferovascular and neurovascular technologies," says Randall Sword, business development director for Creganna-TactX. "Our technologies are not readily available in the Cleveland area. Part of our mission is to support local businesses and hopefully grow a presence."
In addition to its headquarters in Galway, Ireland, Creganna-TactX has locations in Campbell, California; Marlborough, Massachusetts; Plymouth, Minnesota; and Singapore. The new Cleveland office "provides us access to the Clinic and their world-class physicians," Sword says. The Clinic's resources could offer input into development and manufacturing to benefit current customers while helping to evaluate new projects to meet future demands, according to Sword.
The Cleveland office will initially be staffed with one or two part-time employees. "We'd like to grow that as soon as possible," Sword says. "Our intention is to try to grow to a small lab that can work with the Clinic and their physicians and support local small businesses in development."
SOURCE: Randall Sword
WRITER: Diane DiPiero
A packed house at Monday night's Local Food Cleveland meeting on raising backyard livestock demonstrated growing interest in raising chickens, bees and other animals in urban neighborhoods across Northeast Ohio.
When audience members at the Great Lakes Brewing Company's Tasting Room in Ohio City were asked by event organizer Peter McDermott if they currently were raising backyard livestock or were planning on it, approximately two-thirds raised their hands.
Two years ago, Cleveland City Council passed progressive "chicks and bees" legislation that allowed city residents to raise and keep certain farm animals and bees. Other municipalities in Northeast Ohio also allow residents to keep backyard livestock. Presenters urged audience members to consult their local zoning code and contact their local zoning officials with questions.
The majority of livestock owners in Cleveland tend chickens (not roosters) for eggs or bees for honey, said McDermott, a Network Weaver with Entrepreneurs for Sustainability (E4S). While raising goats, pigs and other animals is also permitted in some places, those animals typically require more land than is available on urban lots.
Despite the growing interest in urban farming and backyard livestock in U.S. cities, many municipalities lag behind. Some zoning codes prohibit or strictly limit keeping chickens, bees and other animals, while others do not address the issue. Presenters urged audience members to educate themselves -- in many Northeast Ohio communities, despite assumptions to the contrary, raising chickens and bees is permitted in some form.
McDermott cited a plethora of benefits to keeping backyard livestock, including saving money on groceries, providing healthy, locally produced foods to residents, and income generation for owners who sell eggs and other products to neighbors or through local markets.
As the local foods movement in Northeast Ohio continues to expand, McDermott challenged audience members to consciously support the infrastructure needed to sustain it, including educating wary public officials at the state and local level.
"Studies show that local food is potentially a $15 billion economy in Northeast Ohio, and in recent years, we've seen a fifteen- to twenty-percent increase per year in local farmers' markets," said McDermott. "The question is, can the market for local foods support continued expansion? Our group is interested in accelerating the progress."
Source: Peter McDermott
Writer: Lee Chilcote
When audience members at the Great Lakes Brewing Company's Tasting Room in Ohio City were asked by event organizer Peter McDermott if they currently were raising backyard livestock or were planning on it, approximately two-thirds raised their hands.
Two years ago, Cleveland City Council passed progressive "chicks and bees" legislation that allowed city residents to raise and keep certain farm animals and bees. Other municipalities in Northeast Ohio also allow residents to keep backyard livestock. Presenters urged audience members to consult their local zoning code and contact their local zoning officials with questions.
The majority of livestock owners in Cleveland tend chickens (not roosters) for eggs or bees for honey, said McDermott, a Network Weaver with Entrepreneurs for Sustainability (E4S). While raising goats, pigs and other animals is also permitted in some places, those animals typically require more land than is available on urban lots.
Despite the growing interest in urban farming and backyard livestock in U.S. cities, many municipalities lag behind. Some zoning codes prohibit or strictly limit keeping chickens, bees and other animals, while others do not address the issue. Presenters urged audience members to educate themselves -- in many Northeast Ohio communities, despite assumptions to the contrary, raising chickens and bees is permitted in some form.
McDermott cited a plethora of benefits to keeping backyard livestock, including saving money on groceries, providing healthy, locally produced foods to residents, and income generation for owners who sell eggs and other products to neighbors or through local markets.
As the local foods movement in Northeast Ohio continues to expand, McDermott challenged audience members to consciously support the infrastructure needed to sustain it, including educating wary public officials at the state and local level.
"Studies show that local food is potentially a $15 billion economy in Northeast Ohio, and in recent years, we've seen a fifteen- to twenty-percent increase per year in local farmers' markets," said McDermott. "The question is, can the market for local foods support continued expansion? Our group is interested in accelerating the progress."
Source: Peter McDermott
Writer: Lee Chilcote