Regional Economy

local organizations come together to secure $1.8 million jobs grant
Team NEO, MAGNET, Wire-Net and Medina County Workforce Development came together as a group to secure a $1.8 million federal Make it in America grant, one of only 10 groups nationwide to receive such funding.
 
The money will be used to help local companies that show the potential to bring manufacturing jobs to the region.
 
“We will use the money to boost the growth of 25 medium-sized companies in Northeast Ohio in many areas, from product development to workforce development,” says Jay Foran, senior vice president of Team NEO. “We’re also hoping to attract new business to the region in support of those companies in biomedical, automotive and advanced engineering.”
 
The groups have been working together since March to apply for the grant. “So many partners saw opportunities for themselves that aligned with this grant,” says Laura Hudak, Team NEO’s vice president of finance and administration. “The opportunity to collaborate is equally important as the financial implications.”
 
Each group will have a different role in distributing the grant money. Team NEO will serve as administrator and work on attracting international business. WIRE-Net will work directly with the companies receiving the funds, building on its manufacturing experience. MAGNET will provide resources for job and business growth, while Medina County Workforce Development will coordinate services with area colleges and universities.
 
The Make it in America program is a $20.5 million Obama administration initiative designed around job creation and investment in U.S. businesses.

 
Source: Jay Foran, Laura Hudak
Writer: Karin Connelly
cle's start-up friendly landscape featured in atlantic cities piece
In an Atlantic Cities feature titled "The Passion of Young Cleveland," New York-based writer Nona Willis Aronowitz covers both the start-up friendly nature of Cleveland as well as its political importance.
 
"Cleveland is one of those Rust Belt cities that's too often held up as a symbol of the fall of American industry, but a critical mass of diehard young Clevelanders are either staying or coming back to turn the place around. While I was there, I heard two common reasons why Cleveland natives were staying loyal: It's an ideal place to start a business or a new project, given the low overhead and unusually strong, cohesive community support. But it's also in one of the most politically influential places in the country, in a bellwether, "real America" state that offers young people an opportunity to move the national needle."
 
In the feature, the writer chats with Ohio City developer Graham Veysey and his girlfriend, Marika Shiori-Clark, who says that it's “much easier to be an entrepreneur here. There’s a much lower threshold in terms of risk and price."
 
Read the rest right here.

 
san fran dining editor praises cleveland food scene
Michael Bauer, the influential restaurant critic for the San Francisco Chronicle, recently penned a feature titled "Cleveland is a city that rocks to food."
 
"Last week I spent a few days in Cleveland, looking at a half-dozen high-profile restaurants. I wish I could have done more," is how Bauer kicks off the lengthy travel piece.
 
During his visit, the food editor and restaurant critic hit Sokolowski's, Dante, Greenhouse Tavern and the Velvet Tango Room, where "I had the best whiskey sour I can remember."
 
Of course, he also visited the West Side Market: "I also fell in love with the West Side Market, a city-owned facility that has been in business for more than 100 years."
 
He concludes the piece with this nugget: "Cleveland has the energy of a food town on the rise. And, for anyone who loves music and rock and roll -- after all, it’s the home of the Rock and Roll Hall of Fame -- it’s a city worth checking out."
 
Read it all right here.

 
st. louis food writer eats his way through the north coast
Reporting for the St. Louis Post-Dispatch, food writer Ian Froeb shares details of his recent visit to Cleveland, where he enjoyed stops at Greenhouse Tavern, West Side Market, Cleveland Museum of Art, and the Rock and Roll Hall of Fame and Museum.
 
“Another Cleveland must is the West Side Market. This gorgeous (inside and out) building houses more than 100 vendors including more butcher shops than you ever thought could fit under a single roof. “
 
Read the full story here.

cleveland clinic innovations names gary fingerhut as executive director
Cleveland Clinic Innovations (CCI) has named seasoned Health Information Technology (HIT) veteran Gary Fingerhut as its new executive director. Fingerhut has more than 30 years of experience as an entrepreneur in IT, co-founding a global software company and as a senior executive of a software development and technology consulting firm.

CCI is the commercial arm of the Cleveland Clinic, responsible for company creation and business development of medical technology developed by its doctors and researchers.

For the past three years, Fingerhut has served as general manager of IT commercialization for CCI, a position he will continue to perform in addition to his new executive director duties.
 
HIT makes up 23 percent of Innovations’ business, up from six percent when Fingerhut started with the organization. “I take credit for being part of a team,” Fingerhut says of the growth. “We’re a very collaborative group here: very dedicated, very focused in bringing products to market that will change lives. You can’t ask for a better role than that as executive director.”
 
Fingerhut plans to continue that growth in his new position. “I’m really heavily focused on inventor satisfaction as a key goal,” he says. “And I would like to see our Innovation Alliance grow considerably.”
 
And, of course, Fingerhut wants to improve care through technology. “Everything we do is focused on better patient care,” he says. “But we’re also focused on growth in Ohio. Since we began in 2000, we’ve created 1,100 jobs in Northeast Ohio and 66 spinoff companies.”
 
Fingerhut is a Cleveland native and has raised five children here. “This is an incredible institution and I’m really honored to be a part of it,” he says. “We take innovation seriously here, and I look forward to really making a difference.”

 
Source: Gary Fingerhut
Writer: Karin Connelly
north coast tech fund helps high growth co.s thrive, create jobs
Since 2008, the Cuyahoga County North Coast Opportunities (NCO) Technology Fund has been helping high growth technology companies thrive and create jobs, and the deadline for the latest round of funding is November 18.
 
NCO provides deferred loans ranging from $25,000 to $125,000 at an interest rate of five percent. Repayment is deferred for five years or until the company receives $1.5 million in follow-on funding. NCO offers six rounds of funding per year, awarding money to one company each round.
 
“The program was created to accelerate tech-based entrepreneurs and create new jobs,” says Greg Zucca, senior development finance analyst for the Cuyahoga County Department of Development. Since it started, the fund has invested $2.6 million in 26 companies. Those companies have gone on to raise $19 million in follow-on funding, created 77 jobs and added $4.6 million in annual payroll.
 
While Cuyahoga County provides the loans, JumpStart provides the assistance to help the companies grow and thrive. “JumpStart assists through programs like its Entrepreneur in Residence and makes recommendations for places the companies can go to get follow-on funding,” says Zucca.
 
The hope is to develop early stage companies that have potential to boost the regional economy. “It’s good for Northeast Ohio because there are a lot of early stage companies here,” says Zucca. “We’re really trying to feed the system and create a continuum for these companies as they are maturing.”
 
Source: Greg Zucca
Writer: Karin Connelly
girls' club: women take charge in male dominated industries
Cleveland is home to a vibrant collection of women-owned businesses, many of which are in fields traditionally dominated by men. From manufacturing to moving, these heavy lifting ladies credit their success to hard work and a soft touch.
kai's kultured mushrooms launches local mushroom farm in buckeye-shaker
Shaker Heights entrepreneur Kai Wingo recently launched the Buckeye Mushroom Farm on a vacant lot on E. 127th Street off Buckeye Road. Wingo is growing oyster and garden giant mushrooms on beds and racks there. She also teaches classes and sells mushrooms under the moniker Kai's Kultured Mushrooms at the Coit Road Farmers Market.

"I'm a mushroom ambassador," she says. "I want people to know about benefits we get from mushrooms. I'm the only one I know of who's doing it at this scale."

Wingo began growing mushrooms four years ago, and launched her business when she got laid off from her job with the Cleveland Municipal School District. By then, she'd outgrown her home garden, so she applied for a vacant lot through the land bank. Recently, she also built a hoop house there to extend the growing season.

"Mushrooms are a powerhouse of nutrition," she explains. "The gardens also benefit because of the compost they provide. They're just a grand recycler."

Wingo says there is great untapped demand for local mushrooms, which are a high-value crop, and that her business and classes are taking off. "There's a long waiting list of farmers markets that would love to have mushrooms there, but there aren't any people to fill the niche, so that's why I'm teaching people."

Hough entrepreneur Mansfield Frazier also has tapped Wingo to grow 'shrooms at his new biocellar project. She can be reached via Facebook or by phone at 216-561-3200.


Source: Kai Wingo
Writer: Lee Chilcote
d.c. streets covers major policy shift at local planning agency
In a DC Streets Blog post titled "In Cleveland, An Old-School Planning Agency Sees the Light," writer Angie Schmitt writes of the dramatic turn around currently talking place at Northeast Ohio Areawide Coordinating Agency (NOACA), a topic Fresh Water recently covered in depth.
 
"NOACA was so notoriously averse to change and ineffectual that it acquired the nickname NO ACTION," Schmitt writes. "But as impossible as it seemed even a year ago, things are changing at NOACA. They’re changing fast, and for the better. Last year the agency hired a new director, Grace Gallucci, who had been the head of finance for the Chicago Transit Authority. Since the Cleveland native assumed her role at the head of the NOACA, the region agency has adopted a completely different tenor."

Read more about how the local planning agency is shifting gears here.

former pop-up cosmic bobbins grows into thriving brick-and-mortar shop for local artist wares
When Sharie Renee opened Cosmic Bobbins on Shaker Square last November, she originally intended for it to be a temporary pop-up shop for the holidays that showcased her handbags made from recycled magazines and other items from local artisans.

A year later, Cosmic Bobbins not only is still going strong as a permanent Shaker Square presence, the store's owner has expanded its offerings and the number of artists it features from 10 to 20 and again to more than 30.
 
“I have been such a lover and supporter of the arts that many of the artists I carry in my shop are people that I admire and have become my friends over the years,” she says. “Other artists have started out as our customers.” 
 
Renee carries a few fair trade, vintage and boutique items and has custom embroidery services. Business is going so well that Renee has hired two employees to help her run the shop. “We would love to hire more people,” says Renee.
 
Furthermore, Renee now offers private and semi-private sewing lessons, a fragrance blending class with Yates Apothecary owner Melissa Hale, and plans to offer classes on beauty care products when Renee launches her new spa line, Cosmic Bubbles. Renee is renovating the basement to have a larger workroom and classroom.
 
In the summer, Renee works with Youth Opportunities Unlimited to create mentorship and summer jobs for youth in the community. “This year, we worked with MyCom South Shaker to identify students in the area that had a particular interest in the creative arts and entrepreneurship,” explains Renee. "Some of the students wrote a community grant to further education in sewing and textile arts. We made it to the interview process, but have yet to hear about the grant.”

 
Source: Sharie Renee
Writer: Karin Connelly
 
as preview to own bus rapid transit, michigan paper covers rta healthline success
In the Macomb Daily, the paper of record for Michigan's Macomb County, an article titled "Cleveland's bus rapid transit offers glimpse into metro Detroit proposal" gives locals a taste of what they can expect based on Cleveland's success with the HealthLine.
 
Writer Ryan Felton states that, "the Greater Cleveland Regional Transit Authority has vastly improved public transportation in the region so dramatically that it commonly receives high marks from national groups and observers for making use of its system a breeze."
 
"At the core, the authority’s HealthLine, a 6.8-mile bus rapid transit route that spans bustling Euclid Avenue in this city’s downtown, offers a glimpse of an example that metro Detroit residents could expect from a similarly proposed system the Southeast Michigan Regional Transit Authority has floated in recent months."
 
Calling the BRT system "one of the biggest catalysts for new development" in the area, the RTA's Joseph A. Calabrese states, “In the midst of the worst recession we’ve ever seen, almost everything positive happening is happening on Euclid Avenue."
 
Check out the rest of story here.

come together: new collaboration seeks to amplify local music industry's $1B economic impact
Once ground zero for all things rock 'n' roll, Cleveland has steadily shed its reputation as King, and in the process squandered many of the economic benefits that go along with it. An effort by local advocates is attempting to change that by raising the industry’s profile and marketing it to a wider audience.
cleveland international piano competition tops in writer's book
In a Huffington Post article titled "Ranking Summer's Classical Music Competitions: Cleveland Comes Out on Top," writer Laurence Vittes says that among all of the summer classical music competitions he attended this year, the Cleveland International Piano Competition was the undisputed champion.
 
"Between the middle of June and the first week of August, I attended major classical music competitions in Montréal, Indianapolis, Fort Worth and Cleveland," writes Vittes. "In the end, it was two titanic performances in the concerto finals, with the participation of perhaps the country's greatest orchestra and hall combination, which separated the Cleveland International Piano Competition from the rest of the pack."
 
"Severance Hall, where George Szell once led another era's mighty Cleveland Orchestra, hosted the finals," he adds. "It's an awesome, iconic hall that during the Competition was like hearing the music being almost spontaneous combusted by a phalanx of young pianists who played Rachmaninoff, Tchaikovsky, Prokofiev, Chopin and Beethoven relentlessly, with the occasional Bach or Liszt to sweeten up the pot."
 
"Best of all, the connection between conductor Stefan Sanderling, the contestants and the Cleveland Orchestra itself was brilliant, and most brilliant when first prize winner Stanislav Khristenko played the winning Brahms D Minor, and second prize winner Arseny Tarasevich-Nikolaev played Rachmaninov."
 
Read the rest of the score here.

local printing co.'s record-setting blaze covered in new york daily news
In a New York Daily News feature titled "Cleveland’s burning: 21 set themselves on fire for Guinness World Record," writer Doyle Murphy covered Hotcards' sizzling attempt to raise awareness -- and funds -- by setting the most people ablaze simultaneously.
 
"Cleveland printing company Hotcards staged the spectacle as a fiery fundraiser on the banks of the Cuyahoga River, a waterway once so polluted it famously caught fire in 1969," Murphy writes.
 
“We take a lot of heat in Cleveland as the Burning River City," Hotcards’ CEO John Gadd is quoted as saying. "Yet, it became the catalyst for a lot Cleveland pride, including environmental movements, breweries, and a whole lot of 'Hot in Cleveland' fame. It’s a unique part of our legacy that we can embrace and give new meaning with such a magical spectacle.”

Read the rest of the hot news here.

port authority announces plans for cleveland-europe express ocean freight service
The Cleveland-Cuyahoga County Port Authority has announced plans to launch the first-ever Cleveland-Europe express ocean freight service, an effort that is currently being finalized and will be cemented next month if the agency's levy passes, officials say.

Port Authority business is already strong, Executive Director Will Friedman said at a recent press conference, with last month's port traffic having exceeded pre-recession levels. The new service will enhance those business fundamentals by offering "lower-cost, faster and greener" direct service.

"For freight, this is like the equivalent of a Cleveland Hopkins direct-to-Heathrow flight from our airport," said Friedman. "We feel that it will be well-subscribed by the maritime community in Northeast Ohio and beyond. There's a huge market -- fifty percent of the country's population is within an eight-hour drive of us."

"We believe this new service will be a game-changer for area companies, helping them become more competitive in the global economy," added board chair Marc Krantz, who stressed that it will help goods and products reach Northeast Ohio manufacturers and companies more quickly and result in more money spent locally.

Without this service, containers shipped from Europe are sent to East Coast ports, where they are then placed aboard a truck or freight line to be transported to Ohio. With the addition of this service, being chartered by the Port itself, both travel time and cost are reduced.

Friedman says the service would create 361 new direct and indirect jobs and generate $34.4 million of total personal income earned. The Port already generates $1.8 billion in annual economic activity.


Source: Will Friedman, Marc Krantz
Writer: Lee Chilcote
abeona therapeutics receives award for its work with sanfilippo disease
Abeona Therapeutics, a small biotech startup company that develops therapies for lysomal storage diseases, earned the Global Gene’s Champion of Hope award, along with its partners, for its work in developing therapies for children with Sanfilippo Syndrome, a rare genetic disorder.
 
Abeona, founded earlier this year in Cleveland as a spinoff of Columbus-based Nationwide Children’s Hospital, is developing two products that came out of research at Nationwide. ABX-A and ABX-B have the potential to cure Sanfilippo Syndrome.
 
Children with Sanfilippo are missing an essential enzyme for normal cellular function, causing toxins in their brains and bodies to cause severe disabilities. Symptoms often appear in the first year of life, causing progressive muscular and cognitive decline, and the disease is usually fatal by the early teens.
 
Current studies show that a single dose of Abeona’s treatments prompted cells to produce the missing enzymes and help repair the damage.
 
“What’s unique about this drug is that it’s a collaboration between Abeona, the hospital and eight international foundations to find a treatment for Sanfilippo Syndrome,” says Abeona president and CEO Tim Miller.
 
Abeona’s products are a result of 10 years of research done by Nationwide’s Haiyan Fu. Abeona is currently raising money to conduct phase I and II clinical trials in 2014. “One of the things that drew me to this company is the pre-clinical data for these drugs,” says Miller. “The life span is improved. If this transfers over to the kids I’ll be very excited.”
 
While there are no approved treatments for Sanfilippo Syndrome yet, Miller says a number of companies are working on therapies.

 
Source: Tim Miller
Writer: Karin Connelly
 
'this is downtown cleveland' video a viral hit
The latest video in the "Downtown is Moving" series by Downtown Cleveland Alliance is, as they say, blowing up on the web. The artfully directed and produced short film by Cleveland-based Fusion Filmworks already has been viewed approximately 40,000 times in under a week. That's more than previous DCA videos have been viewed in one or two years, given the film.
 
Give it a look-see right below.



planning organization charts new path to more sustainable transportation projects
“We’re shifting because the times are shifting,” says Grace Gallucci of NOACA, adding that the planning agency will shift its focus to multimodal transportation, developing a fix-it-first approach that prioritizes existing infrastructure over new road projects, and basing funding decisions on their regional economic development impact.
cleveland clinic celebrates 50 years of kidney transplants
The Cleveland Clinic marks its 50th year of successful kidney transplants this year. While the Clinic was not the first to successfully transplant a human kidney, the hospital was, and continues to be, a pioneer in the field.

“There were two earlier transplants,” explains Robert Heyka, interim chair of the department of nephrology and hypertension at the Clinic’s Glickman Urological and Kidney Institute. “One was in New Jersey, but it only lasted 10 months. The first successful transplant was in 1954, in Boston, which worked because the transplant occurred with identical twins.”
 
The Cleveland Clinic performed its first successful kidney transplant in 1963, in part due to the development of anti-rejection drugs, and in part because Willem Kolff, a doctor from the Netherlands, came to the Clinic in the 1950s with his dialysis machine.
 
Kolff’s original dialysis machines were made with a washing machine motor, a nose cone borrowed from NASA and peach cans. He perfected his machine at the Clinic. Dialysis made it possible to keep patients alive while they waited for a transplant. “A combination of medications and the Cleveland Clinic having dialysis machines made the program successful,” says Heyka.
 
In 1966, the Cleveland Clinic performed 126 kidney transplants. Additionally, Cleveland was one of the first cities to establish an independent organ procurement program in the late 1960s. The organization now is known as Lifebanc.
 
Today, the Clinic has transplanted more than 4,200 kidneys and is on track to perform 200 transplants this year. The Glickman Urological and Kidney Institute ranked second this year in U.S. News and World Report’s America’s Best Hospitals.
 
“All these things we take for granted now as standard and mass produced,” says Heyka. “When you get into it, it’s more inspiring when you hear about the people who did it first and the challenges they had to face.”

 
Writer: Karin Connelly
Source: Robert Heyka