Regional Economy

7 craft food startups that are making it in the 216
Using the local food scene as a launch pad, craft food startups are growing quickly. We caught up with a fresh batch to learn the recipes behind their success.
four companies compete as finalists in cose's business pitch competition
The Shark Tank style competition, now in its second year, is designed to give new businesses financial assistance and expert advice to get off the ground.
everykey the winner of magnet's product-focused pitch competition
EveryKey, creator of a high-tech wristband that wirelessly syncs with various electronic devices, was the winner of the Incubator at MAGNET's first product-focused pitch contest.

EveryKey was pitted against five other hardware-creating entrepreneurs during the ProtoTech competition held Oct. 21 at the Ariel International Center in Cleveland. The nascent Case Western Reserve University-based company took home $12,000, funds that will be sunk into an invention that holds all of the wearer's online passwords and is designed to lock and unlock doors.

Chris Wentz, CEO of EveryKey, was thankful for the opportunity to put his product before a panel of investors, development specialists and peers interested in supporting physical technology. Now that the contest is over, the startup will concentrate on its Kickstarter campaign, set to launch Oct. 29.

"This competition meant so much to us," says Wentz, 23. "There were a lot of great companies here with some great ideas."
The ProtoTech pitch contest, co-sponsored by NASA Glenn Research Center, concentrated on tech-driven wares and the startups aiming to bring those products to market. The competition was introduced in July by MAGNET executive director Dave Crain with the intention of highlighting manufactured creations rather than IT or service-based ventures.

ProtoTech's second-place winner was RoboNail, designer of an app-operated robotic roofing installation machine.

The other ProtoTech finalists were:

* Advanced BioSensors-Ohio, creator of a "Continuous Glucose Monitor" for diabetic patients.

* Axenic, maker of non-toxic liquid-based solutions that clean organic waste.

* FGC Plasma Solutions, creator of a fuel nozzle designed to save money and reduce emissions.
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* Real Time Imaging Technologies, designer of a low-dose dental x-ray imaging system.
 
cwru's think[box] breaks ground on new $30m innovation center
With fireworks and smoke machines, and science experiments galore, CWRU officials on Thursday officially broke ground on the new home to thinkbox, a collaboration and innovation center housed in the former Lincoln Storage Building, now known as the Richey-Mixon Building.
 
The CWRU board of trustees voted unanimously last Sunday, October 12 to approve the renovations with the $25 million out of a $30 million goal. Phase I is due to be completed in August 2015.
 
Phase I includes renovations to the first four floors. A glass skyway will connect the athletic center to the thinkbox entrance. The first floor will be a community floor with a bike station. “It will be a younger-feeling creative space that suits our students’ lifestyle,” explains thinkbox manager Ian Charnas. “The second floor will be the ideation floor with amenities such as whiteboards and meeting rooms modeled after Stanford d. School in California.”
 
Floors three and four are dedicated to some real hands-on innovation. Three will house a prototyping floor and a small metal shop, will offer tools for nearly every metal project conceivable. “We’re sending an email out, saying 'come enjoy several thousand square feel to do your projects and get messy.'”
 
Charnas expects thinkbox to both attract and retain innovative thinkers to Cleveland. “This is helping to build industry in the region,” he says. “Most of our students are recruited from outside of Cleveland, and even Ohio. This is a big golden carrot to keep these folks in the area.”
 
The announcement was made during Case’s homecoming celebration. Case president Barbara Snyder was accompanied by the major donors to make the announcement amid smoke machines and fireworks displays on monitors. Instead of a ribbon-cutting, the group flipped a giant old-fashioned power switch.
 
Students dressed in white lab coats embroidered with thinkbox and blue hard hats made commemorative chocolate coins using liquid nitrogen, with the help of Sweet Designs Chocolatier and Piccadilly Creamery. A laminar flow fountain – the kind where the liquid leaps about – dispensed punch that shot from a white display case into guests’ glasses.
 
Charnas says they hope to raise the remaining funds in the next year and shoot straight into phase II renovations, which will include the remaining top three floors.
 
 
want to get people back to work? fill the basic skills gap
Low-income workers often lack the basic skills needed to find a good job. To bridge the gap, experts says it's essential to invest in training. Yet despite millions of people out of work, programs are hard to find.
the flats are back: five big and small projects reshaping the city's oldest neighborhood
After a decade of standing still, the Flats are on the move. Check out some of the newest developments changing this mixed-use neighborhood, from the Lake Link Trail to plans for a new boathouse on the Cuyahoga River.
northeast ohio automotive sector expected to outpace U.S., report says
In a report released Sunday by Team NEO, the automotive industry in Northeast Ohio is expected to hold a lot of promise in the upcoming decade. According to the report, the area has the second-largest Tier I auto production markets in the country, meaning the suppliers here make the parts the go directly on the vehicles, second only to Detroit.

Team NEO predicts the Gross Regional Product (GRP) in automotive to grow by 79 percent to become a $4.5 billion industry by 2024. Employment is also expected to grow by 19 percent. Jacob Duritsky, managing director of research for Team NEO, attribute the predicted growth to the area’s diverse mix of auto manufacturing.
 
“No one has a crystal ball, but based on our industry mix, the trend is pretty steady,” Duritsky says.  Add to the mix the jobs brought back to the Avon Lake Ford plant and the scheduled manufacture of Ford’s medium trucks, the F650 and F750, as well as tremendous investment in Ford’s Brookpark and Lordstown plants and Honda’s presence in the state, automotive has a strong hold in an industry that is expected to decline elsewhere in the country.
 
Automotive is one of only two manufacturing industries in Northeast Ohio to grow in the next 10 years. The other is food manufacturing. “We’re experiencing manufacturing employment, essentially, to remain flat,” says Jenny Febbo, Team NEO vice president of marketing and communications. “Automotive is one of only two expected to grow.
q&a: ronn richard, president of the cleveland foundation
In this candid, wide-ranging interview, the leader of the Cleveland Foundation discusses its centennial gifts, the Greater University Circle Initiative, the Transformation Plan and more.
keycorp report answers the question, how green is my banking?
KeyCorp's business practices are becoming as green as the currency handled by its nearly 1,000 branches nationwide, according to a recently released 2013 Corporate Responsibility (CR) Report.

In earning its eighth consecutive "Outstanding" rating on the Community Reinvestment Act exam, the financial institution has emphasized its conscientious approach to banking, citizenship and operations. That responsibly includes establishing operational policies that protect the environment, notes KeyCorp head of sustainability Andrew Watterson.

Last year, the corporation invested more than $6 million in energy efficiency improvement projects in KeyCorp buildings nationally. This includes lighting retrofits and HVAC improvements, diversion of waste from landfills, and nearly 5,000 tons of recycled office paper.

In addition, over 900 KeyCorp facilities are engaged in the U.S. Environmental Protection Agency's Energy Star program, an effort promoting power saving products and buildings in order to reduce pollution and energy consumption. On the local front, the bank's Tiedaman Road offices are platinum-certified by the Leadership in Energy and Environmental Design rating system.

Meanwhile, the institution has invested upwards of $1.2 billion in its renewable energy portfolio. This funding has gone largely to utility-scale wind and solar farms that carry the capability of producing massive megawatts.

An environmental focus aligns nicely with KeyCorp's overriding mission of helping the community thrive, says Watterson.
"Sustainability is in perfect alignment with that purpose," he says. "It's an important component of being a responsible corporate citizen." 
cleveland beer week gets hopping this weekend
A sudsy week of beer-fueled excitement is set to cure what "ales" fun-seeking Clevelanders.

The sixth annual Cleveland Beer Week has hundreds of events scheduled at an equal number of venues from Oct. 10, through Oct. 19. The usual concerts, parties, special tappings and educational programs will be held, capped off by the massive Brewzilla celebration featuring 80 beer makers pouring your favorite barley sodas.

Brewers directly involved with the beery proceedings are arriving with their own efforts. Platform Beer Company has collaborated with the New Albion Brewing Company on a re-release of New Albion Ale. The flagship pale ale will be on tap Oct. 17 at the Platform Brewhouse on Lorain Avenue. Partnering with the first U.S. post-Prohibition microbrewery was an opportunity to get the original recipe back in the hands of its fans, notes Platform co-owner Justin Carson.

"It was very innovative in its day," Carson says.

On Oct. 14, Platform is hosting "Same Brew, Different Takes," where a batch of beer will be infused with unusual ingredients to create new tastes. The following evening is the brewery's "Choose Your Own Adventure" release, featuring a customer-voted beer created by in-house brewmaster Shaun Yasaki.

 "We're planning on having a different beer each year," says Platform's Paul Benner.  

Collaborations are a big part of CBW, and this year is no different. Joint efforts will match Great Lakes Brewing Co.Thirsty Dog Brewing Co. and other establishments with out-of-state brewers. Resulting mixtures will be  made available at various watering holes throughout the city.

Meanwhile, a dozen local breweries have concocted six new beers for the Oct. 8 Gambrinus Brewery Crawl, set to raise money for restoration of the King Gambrinus statue that previously stood at Leisy Brewing. Pouring locations for the event are Platform,  Butcher & The BrewerMarket Garden Brewery, and Nano Brew Cleveland.   
 
engage! cleveland launches weeklong series of yp-friendly events
Talent attraction/retention nonprofit Engage! Cleveland has officially kicked off a series of Cleveland-friendly social activities and professional development opportunities through its first annual Cleveland Young Professionals Week.

The weeklong succession of cost-free events aimed at the youthful and talented began Monday and will continue through Oct. 11, says Engage! Cleveland executive director Ashley Basile Oeken. Each day will feature a variety of around-the-clock happenings on both the East and West Side, including fitness classes at local studios, speaker-centric "lunch-and-learn" programs, and nightly networking get-togethers. That's 25 events over six days, if you're counting.

"You hear about other cities and how they've engaged young professionals," says Basile Oeken. "We wanted a signature event to put our name on."

Programming is generally aimed at people age 21 to 40, although the nonprofit is inclusive of anyone who considers themselves a YP. Events are filling up, notes Basile Oeken, so if you're interested in a spinning class at Harness Cycle or listening to a talk by PlayhouseSquare president Art Falco, it's best to act fast.

Basile Oeken views Engage! Cleveland's first-ever CLE YP Week as a chance to show off everything the city has to offer, whether to a lifelong resident or someone who moved here a month ago. Attracting and retaining young talent means linking it to influential leaders and local organizations, she believes.

"It's acclimating people to how much is going on in Cleveland," says Basile Oeken. "There's an opportunity to get everyone living in this community to support it collectively."

While programming will end with a closing party at Cleveland Metroparks Zoo, the nonprofit director expects the energy generated by a week's worth of events to resonate throughout the year.

"If you're involved, Cleveland can sell itself," Basile Oeken says. "People are more likely to stay when they're engaged."
magnet announces finalists for competition championing tech-based products
The Incubator at MAGNET has announced six finalists for its first product-focused pitch contest.

The ProtoTech competition, co-sponsored by NASA Glenn Research Center,  concentrates on technology-driven wares and the companies aiming to bring those products to market. A MAGNET press release listed the finalists:

* Advanced BioSensors-Ohio, creator of a "Continuous Glucose Monitor" for diabetic patients.

* Axenic, maker of non-toxic liquid-based solutions that clean organic waste.

* EveryKey, a Case Western Reserve University-based company that makes a high-tech wristband that syncs with keys and passwords.

* FGC Plasma Solutions, creator of a fuel nozzle designed to save money and reduce emissions.

* Real Time Imaging Technologies, designer of a low-dose dental x-ray imaging system.

* RoboNail, maker of robotic tools that enable contractors to install roofing with more efficiency.

The final pitch teams will present their work before a panel of judges at an Oct. 21 event at the Ariel International Center in Cleveland. Would-be inventors are encouraged to create fundraising sites highlighting their efforts, with the money they raise going back into product creation.

The pitch contest was introduced in July with the intention of highlighting physical technology rather than IT or service-based ventures. Incubator executive director Dave Crain believes the competition did well to represent the diversity of product-centric innovation in Northeast Ohio.  
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“Interest from the community and event partners has been very strong," Crain says. "Everyone is excited for the event and the opportunity to support a showcase of our rich product startup landscape."