Regional Economy

'b.y.o.s.' groundbreaking invites towpath supporters to bring their own shovels
However momentous they might be, groundbreaking ceremonies typically are not very interactive affairs. Project leaders and public officials give speeches and take advantage of photo opportunities before they pose gripping the symbolic, all-too-clean shovels.

The groundbreaking ceremony for the first publicly funded leg of the Towpath Trail to be built in Cleveland promises to be different. Community members have been clamoring for this project to be completed for years, and trail backers want to give them a chance to participate in the grand occasion. So after the project leaders and public officials take their turn, it's a B.Y.O.S. (Bring Your Own Shovel) event, and everyone is invited to join in.

The event is scheduled for Monday, July 30th at 11 a.m. at 1871 Scranton Road.

"We wanted to figure out a way to involve the many people who have anxiously awaited the project," says Tim Donovan, Executive Director of Ohio Canal Corridor, the nonprofit spearheading the effort with the City of Cleveland, Cleveland Metroparks and Cuyahoga County. "I don't sit on a boatload of shovels, but if you bring your own, then we can capture it. If you can't be there, send us a photo of you with your shovel, and we'll print them up and have them on site."

So far, Donovan has received photos of supporters with shovels from as far away as New Mexico. Those bringing a shovel will be eligible to have their names entered into a raffle to win a $100 gift certificate from Lockkeepers restaurant.

The .6 mile trail will follow Scranton Road from Carter Road south to University Road along the Scranton Peninsula. A portion of the $9.1 million total price tag will be used to restore 11 acres of polluted industrial land. The project will also replace a portion of decrepit river bulkhead with a more natural stone and plant terrace.

The project was funded by the Clean Ohio Conservation Fund, Great Lakes Restoration Initiative and the State of Ohio, among other funding sources.


Source: Tim Donovan
Writer: Lee Chilcote
rta healthline drives growth in cleveland, says urbanland
"Euclid’s role as an essential link between the central business district downtown and University Circle -- a hub of world-class medical facilities and arts and culture amenities -- rendered the corridor impossible to ignore," writes Jason Hellendrung for UrbanLand.

The resulting $200 million, 6.8-mile Euclid Corridor Transportation Project catalyzed a powerful transformation along the avenue. Since the BRT line opened in 2008, the corridor has attracted $5.8 billion in investment -- $3.3 billion for new construction and $2.5 billion for building rehab, together totaling more than 110 projects. Disproving naysayers and exceeding the expectations of supporters, the project has generated the economic growth that many thought could only be achieved with rail -- and at a fraction of the cost."

"Ridership has increased steadily over the years and now totals about 15,100 people per day. "

Read the rest of the article here.
cle-based organizations commit $4.6m to help small businesses expand
Several Cleveland-based funding organizations have gotten together and pooled their money to help small businesses that otherwise would not have access to the capital they need to grow.

Under the Economic Community Development Institute (EDCI), which officially announced the launch of its Cleveland office on July 17, the City of Cleveland, Cuyahoga County, Huntington Bank, U.S. Small Business Administration, Commission on Economic Inclusion, The Business of Good Foundation, and the Cleveland Foundation have committed $4.6 million in resources.
 
Micro-loans will account for $4 million of the fund while the remaining $600,000 will provide training and technical assistance for Cleveland small businesses. A 2011 study by Friedman Associates, a national firm specializing in microfinance, estimated a need of $38 million for loans under $50,000 in Cuyahoga County, with the greatest gap among minority-owned businesses.
 
“Neighborhood businesses who would not otherwise have access to capital will benefit from these loans,” says Daniel P. Walsh, Huntington northeast Ohio president. “These loans really stabilize neighborhoods with the capital to achieve the American dream. It will reinvigorate those neighborhoods that need reinvestment.”
 
The average loan is between $15,000 and $20,000. Eight area businesses have already benefited from loans through the program, totaling $163,000. ECDI started a similar program in Columbus in 2004 and has made $11.4 million in loans to 700 small businesses, creating or retaining 1,955 jobs.
 
The majority of businesses who will benefit from the loans are five employees or fewer, explains Bob Eckardt, executive vice president of the Cleveland Foundation. “There’s a pretty significant gap in this community and this will support a wide range of businesses,” he says. “We’re trying to do a big-picture thing. It’s important to support the entrepreneurs by getting them the funding they need to grow big or hire employees.”

 
Source: Daniel P. Walsh, Bob Eckardt
Writer: Karin Connelly
cellar door launches cleveland only record store, performance space
The grassroots, pro-Cleveland music collective Cellar Door is launching a new performance space, Cleveland-only record store and office space in the Loftworks building at East 40th and Superior.

The creative space, which features antique wood floors, high ceilings and large windows, is intended to not only foster a "community among listeners" among local music fans, but also to reach people who are unaware of Cleveland's distinctive music scene.

"Local bands like Herzog are taking off nationally, but once you step outside of the in-the-know crowd, a lot of people have no idea," says founder Justin Markert, who has operated Cellar Door as a record label for years with his partner, Rick Fike. "We want to bring not-so-well-known artists to a bigger audience."

Markert says that Cellar Door will also be an eclectic, anything-goes art space featuring films, fiction readings, art shows and candid, behind-the-scenes conversations with emerging bands or artists. Cellar Door also manages a blog that curates the best of the local music scene.

A launch party featuring local bands is slated for Friday, July 27th at 7 p.m. at 1667 E. 40th Street, Suite 2G.


Source: Justin Markert
Writer: Lee Chilcote
cleveland 2.0: viewing our city as a startup
What if we viewed Cleveland as a startup? "The ingredients for a successful startup and a successful city are remarkably similar," argues tech blogger Jon Bischke. You need to build stuff that people want. You need to attract talent. And you need capital to get your fledgling ideas to a point of sustainability.
global cleveland to host online IT job fair to help meet demand
On the heels of two successful biomedical job fairs, Global Cleveland, in partnership with NEOSA, will host a week-long online IT job fair August 20 to 24.
 
The demand for tech people is high. In a recent survey of area technology companies, 82 percent have current job openings and 73 percent expect to hire additional staff this year. The job fair is designed attract qualified technology professionals from not only Cleveland, but across the country.
 
“We are targeting 30 to 35 employers to each post a few jobs openings,” says Global Cleveland president Larry Miller. “It’s great visibility in a short period of time.”
 
Officials at Global Cleveland have found the online jobs fairs to be an effective way to recruit. The biomedical jobs fairs in March and June attracted more than 9,000 people to the site, with nearly 1,800 applications filed.
 
The event is free for job seekers. Employers have two options: For $275 they can post up to three jobs and have unlimited internship postings on the Cleveland Recruiting Company, a private LinkedIn group of 1,200. For $525 employers receive additional access to Global Cleveland’s job search databases.
 
“In the world of recruiting, it’s a very inexpensive way to get the word out,” says Miller. “Every employer we have talked to has told us about the need for talented employees. It’s difficult to find the IT talent they need.”
 
If the IT job fair is successful, Miller says they probably will hold another one in a couple of months.

 
Source: Larry Miller
Writer: Karin Connelly
program puts former inmates to work renovating cleveland properties
The Cuyahoga Land Bank and Career Development and Placement Strategies, Inc. (CDPSI) have teamed up to create a pilot program to get formerly incarcerated fathers to work renovating houses. The pilot program, which began in November, puts participants through an intensive six-week program to teach them basic workmanship and professional skills. The participants then go into a six-month internship program with a supervisor in the field.
 
"The internships program is designed to assist men who are fathers trying to make a better way in their lives," explains Maurice Stevens, president of CDPSI. "They have displayed some interest in carpentry but have some barriers in transitioning to employments due to incarceration."
 
During the course of their internship the participants will earn $9 an hour and receive comprehensive training on the various aspects of home renovation. The interns will also receive entrepreneurship training focused on providing the basics necessary to start and run a renovation business as a sole proprietor. This training will introduce the interns to contract development, budgeting, mechanic’s liens, invoicing, insurance and bonding.
 
Once the interns have successfully completed the 560-hour training program, they will receive a Certificate of Completion, a recommendation from the general contractor that has been acting as their supervisor and will receive priority consideration from the Cuyahoga Land Bank for selected future renovation work.
 
“Our mission is to provide workforce and personal development training opportunities to our target population,” says Stevens. “Clearly, this partnership will create economic and job development for the Greater Cleveland area.”
 
Since November the program has hired four interns, two full-time supervisors and a general contractor. The goal is to renovate six houses and hire four interns a year through the program. One house on W. 157th Street has already been renovated and sold through the program, and two more are near completion.
 
Source: Maurice Stevens
Writer: Karin Connelly
growing efuneral branches out with new hospice partnership
Since its launch in February, eFuneral has steadily grown as a resource for families searching for the right funeral provider. Now founders Mike Belsito and Bryan Chaikin are taking the company, which came out of the Ohio State University Fisher College of Business' 10-Xelerator last summer, to another level.
 
eFuneral recently announced a partnership with Hospice of Dayton. "Ever since we launched, some of our biggest supporters have come from the hospice community," says Belsito. "When patients enter hospice and don't have a funeral home picked out, they rely on hospice professionals for advice, but hospice employees are not allowed to make recommendations."
 
While Belsito and Chaikin have primarily focused on tapping the Northeast Ohio market, eFuneral decided to approach Hospice of Dayton, which is the second largest hospice in Ohio and one of the largest in the country.
 
The company has thrived in the Cleveland area -- users can get seven to eight quotes from funeral homes within minutes -- and Belsito is confident they will have the same success down state. eFuneral has hired two additional employees this year, most recently a software engineer.

 
Source: Mike Belsito
Writer: Karin Connelly
Photo: Lisa DeJong, The Plain Dealer
moca cleveland hosts signing off ceremony, prepares for fall opening
The Museum of Contemporary Art Cleveland (MOCA) celebrated the completion of the stainless steel cladding being installed on its new home with a signing-off ceremony this week. The date when the glittering, gem-like new building opens its doors to the public is only months away, and that's when the true celebration will begin.

On a recent media tour of the building, the beautifully plotted details of the new museum were evident in raw form. A few of the finer points include the first floor lounge with coffee and free wi-fi that will function as an "urban living room;" the 1,000-square-foot store that will become a destination for visitors and residents alike; and an architectural emphasis on transparency that makes the museum a place where visitors can view the process whereby installations are created. 

Other prominent details include the first floor lecture and performance space, windows offering great views of the Uptown District and a breathtaking fourth floor main gallery space with a vaulted ceiling and uninterrupted floor plan.

MOCA's mission is to present the art and ideas of our time. The museum will open to the public Oct. 8.


Source: MOCA
Writer: Lee Chilcote
former medusa cement building will be converted into 120-person call center
With the aid of a $500,000 economic development loan from the city, a former cement company's headquarters in Cleveland Heights will soon be converted into a 120-person call center.

The Medusa Cement Company occupied the building on Monticello until the late 1990s. Founded 120 years ago, the company was originally called the Portland Sandusky Cement Company. It was later renamed after Medusa, the fearsome Greek gorgon whose gaze turned men to stone. Medusa thrived in the post-war building boom. It moved its headquarters to Houston in 1999 after a merger.

Medusa Holdings, LLC applied for a loan through the city's commercial revolving loan fund program. In exchange for receiving favorable, below market terms, the developer committed to creating 120 full-time jobs. At least 51 percent of those jobs must be made available to or held by low- to moderate-income individuals.

Two-thirds of the $500,000 loan will carry a 3.5% annual interest rate and a 10-year repayment term following a one-year deferral. Up to $200,000 of the loan may be forgiven at a rate of $50,000 per year for every year during which 100 full-time equivalent jobs are maintained at the call center prior to 2018.

"This is an exciting opportunity for the Medusa building to be rejuvenated into a call center," says Suzanna Niermann O'Neill, Acting City Manager for the City of Cleveland Heights. "The whole area between the community center and the Rockefeller building has been refreshed with new restaurants and new businesses."

Nierman-O'Neill noted that this kind of economic development will bring revenue to the city's coffers and that the call center will serve nonprofit organizations.


Source: Suzanna Nierman-O'Neill
Writer: Lee Chilcote
minority entrepreneurs experience barriers, succeed on their own terms, and offer advice
Despite support through entrepreneurial assistance programs, area minority business owners say they still experience barriers -- some subtle, others not -- in their goal to contribute to the local business community. Finding success, many explain, is ultimately up to them.
healthy lake erie fund will help reduce harmful algal bloom
Lake Erie is a whole lot cleaner than it was decades ago, yet in the past 10 years, toxic algae has sprouted up en masse here, forcing state officials to post warning signs at popular area beaches.

The Healthy Lake Erie Fund, which was recently passed by the Ohio State Legislature and signed into law by Governor John Kasich, aims to address this problem by directing three state agencies -- the Ohio Department of Natural Resources, the Ohio Department of Agriculture and the Ohio Environmental Protection Agency -- to work with farmers to help keep fertilizers and manures out of watersheds.

The $3 million fund could also help support projects such as enhanced education, soil testing, water quality monitoring and pilot efforts to reduce algae blooms.

"While we are all able to observe the harmful algal bloom problem, without effective research and monitoring programs, scientists and managers struggle to identify the causes and recommend, implement, and evaluate the most effective solutions," said Dr. Jeff Reutter of Ohio Sea Grant and Stone Lab in a news release.

"Our $1 million annual monitoring budget of the 1970s and early 1980s was eliminated in the mid-1980s when people felt our work was done and the Lake had recovered from the 'Dead Lake Years' of the 1960s," he added. "I hope we have all learned that Lake Erie is simply too valuable to ever neglect again."


Source: Ohio Environmental Council
Writer: Lee Chilcote
business booming for animation and visual effects design firm
Joddy Eric Matthews originally moved from Cleveland to Los Angeles to pursue his animation and filmmaking work. But after nearly eight years working for the likes of Sony, Pixar and DreamWorks, Matthews returned to Cleveland and created MadWerkz Studios in 2000, an animation and visual effects design firm.
 
Matthews and minority partners Rique D. Winston and Peter Li Cheung were glad to once again call Cleveland home.

“All of us had spent a good portion of time in L.A. and New York, but after a while the extreme workloads associated with working in Hollywood takes its toll," Matthews says. “We were all feeling a bit burnt out. It was time to come home to the people who love you.”  
 
And Matthews has found the area is rich with design talent. “Now I get a chance to work on some pretty good films,” he says. “And there’s a wealth of talent here a lot of people don’t see. There are small teams of people here working on really big films.”
 
Matthews and his team of six full time creators have built a solid reputation through their work on commercials for Chrysler, General Motors and other companies as well as two films. They are currently working with a visual effects company in London. “We’re becoming more global and we didn’t have to be in L.A.,” he says.
 
While business is good at MadWerkz Studios -- from post production work to feature films -- Matthews hopes to continue to build on their services and keep promoting Cleveland as the go-to place for the film industry.

“It’s a lot of long hours and lots of hard work, but it’s pretty fun,” he says.

 
Source: Joddy Eric Matthews
Writer: Karin Connelly
virginia marti college of art and design opens new couture fashion design studio
The Virginia Marti College of Art and Design recently opened its new Couture Fashion Design Studio, a modern, light-filled space that it hopes will inspire Cleveland's next generation of fashion designers.

With large windows, light bamboo flooring and an open floor plan, the new space is a vast improvement over the old one, which was housed in the building's lower level without any windows or natural light. The Couture Fashion Design Studio houses the computer-aided drafting classroom for fashion design students.

Virginia Marti is a two-year college located on Detroit Avenue just west of West 117th Street in the City of Lakewood. The school offers five art-as-business programs geared towards helping arts entrepreneurs in their fields: digital media, fashion design, fashion merchandising, graphic design and interior design.

An exhibit of couturier garments from well-known fashion designers such as Giorgio Armani and Coco Chanel will be on display for several weeks in the new space. The garments are part of Virginia Marti-Veith's private collection.


Source: Virginia Marti College of Art and Design
Writer: Lee Chilcote
fresh water video: a walking tour of collinwood
In this Fresh Water video, John Copic, a Collinwood native and publisher of the Collinwood Observer, takes viewers on a walking tour of his neighborhood. Stops along the way include Raddell's butcher shop, Chili Peppers Mexican Grill, Star Pop, Beachland Ballroom, Blue Arrow Records and Boutique, and the Slovenian Workmen's Home.
survey shows that cle is one of the best places to start, grow new business
An annual JumpStart survey indicates that tech startup companies that receive assistance from mentors, advisors and investors make a significant contribution to the region’s economy, even in the early stages. The Center for Economic Development at Cleveland State University’s Levin College of Urban Affairs surveyed 121 JumpStart and North Coast Angel Fund companies to measure their economic impact on the region.
 
The report showed these companies had a $220.5 million economic impact in 2011 in Northeast Ohio, creating 776 direct jobs within the companies and 864 indirect jobs, for a total of 1,640 regional jobs.

“This is great for an economic region -- showing small growing startups are contributing,” says Cathy Belk, chief relationship officer for JumpStart. Belk emphasizes that the surveyed companies are not even a comprehensive list of all small tech companies in the region. However, many of the companies receive support from multiple organizations in addition to JumpStart and the North Coast Angel Fund.
 
Sixty-three companies included in this 2011 impact analysis also were surveyed in 2010. In one year, those companies increased their aggregated Northeast Ohio employment by 111, payroll by $8.7 million and expenditures by $20.6 million.
 
“All of this shows that Cleveland is one of the best places in the country to start and grow your business,” says Belk.

 
Source: Cathy Belk
Writer: Karin Connelly
 
csu neomed partnership awarded $500k grant to support medical education
A partnership between Cleveland State University and the Northeast Ohio Medical University hopes to reach students as early as middle school and inspire them to consider a career in medicine.

Now, a recently awarded $500,000 grant from the Mt. Sinai Foundation will help to support a crucial piece of this program -- a mentoring program to ensure the success of students being trained as primary care physicians.

The three-year grant will focus on linking students with educators, clinicians and community champions in the neighborhoods where the students will be placed. The new urban-focused medical school, which will begin enrolling its first students in fall of 2013, aims to place students in neighborhoods throughout Cleveland.

Each year, up to 35 qualified NEOMED students will be eligible for full tuition scholarships if they agree to work in Cleveland for five years after receiving their medical degrees. One of the main purposes of the program is to train primary care physicians to serve in urban areas. Many city neighborhoods are currently underserved, and demand is expected to increase in coming years.


Source: Cleveland State University
Writer: Lee Chilcote
going native: local scribe takes rust belt migration expert on a tour through cleveland
Jim Russell, a geographer studying modern migration patterns, writes frequently on the topic of "Rust Belt Chic." The phrase, which refers to the increasing appeal of Rust Belt cities, has been popping up like mad in the national media. Recently, Russell put boots on the ground in C-Town.
cleveland foundation awards $19.9m in grants to area nonprofits
The Cleveland Foundation recently awarded $19.9 million in grants, the second highest amount the foundation has awarded in a single quarter, including $2.25 million to strengthen college readiness and graduation rates among Cleveland students.

“Only 11 percent of Cleveland residents 25 and older have a bachelor’s degree or higher,” said Robert Eckardt, executive vice president at the Cleveland Foundation, said in a news release. “Our team created a strategy last year to bolster secondary education success among local students. This quarter’s series of grants is a reflection of that commitment.”

The foundation's grants in this area include $1.01 million to College Now Greater Cleveland, $750,000 to Cuyahoga Community College for the College Success Program and $210,000 to support scholarships for nontraditional students.

The foundation also awarded $2.2 million to support economic development and $1.425 million to support the next phase of the Engaging the Future project, which is an initiative to attract a younger, more diverse audience to the arts.


Source: The Cleveland Foundation
Writer: Lee Chilcote
inaugural wind festival to feature exhibits on wind energy
With prominent wind turbines at Lincoln Electric and William Sopko and Sons, the City of Euclid has embraced alternative energy in recent years. This weekend, the lakefront city hosts the inaugural Euclid Wind Festival, which celebrates breezes by offering wind-themed crafts, food, live music, artwork and exhibits on wind energy.

Billed as "downtown Euclid's biggest party of the summer" according to a  press release from the Shore Cultural Centre, the event will feature artists creating wind-themed works on site, live woodwind music and a giant wind chime.

The Lake Erie Energy Development Corporation (LEEDCo), a nonprofit organization that advocates for wind energy development in Northeast Ohio, will educate visitors about wind energy and host an exhibit showcasing winning designs from the 2012 Northeast Ohio Science and Engineering Fair.

The Euclid Wind Festival will take place on Saturday, July 7th from 11 am until 7 pm on the grounds of the Shore Cultural Centre at 291 East 222nd St. The event is sponsored by Shore, the City of Euclid and the Euclid Chamber of Commerce.


Source: Shore Cultural Centre
Writer: Lee Chilcote