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agnes gund professes love for cle museum of art
In a Huffington Post piece titled “About a Museum,” Agnes Gund, President Emerita and Chairman, International Council of The Museum of Modern Art, writes of her childhood growing up learning to appreciate the arts at the Cleveland Museum of Art.

“That museum -- inspired by a band of prominent citizens, designed by local architects on donated land -- opened in 1916 as an achievement and adornment of its city. It was Cleveland through and through, not least in the motto it proclaimed for itself: "For the benefit of all people, forever."

The post continues into warm tribute to a place that has become a part of Gund herself.  It is a very intimate account of the importance the museum has played throughout her life.

Enjoy her full account here.
expedient and fast switch bring tech networking event to northeast ohio
Expedient and Fast Switch are bringing their Tech Strategy event to Northeast Ohio. Started in 2007 in Columbus by Fast Switch, the Tech Strategy events are relaxed invitation-only networking events between senior level IT executives and promising technology startup companies.

Expedient got on board as a co-sponsor soon after the group’s inception, and now the two companies brought the concept to 70 attendees at Lockkeepers in Independence on Tuesday, Feb. 26 for its inaugural Tech Strategy NEO. “I think it’s a great, unique concept for this area,” says Michael DeAloia, Expedient’s regional vice president. “It’s invitation-only to senior IT executives so they can meet with their peers while at the same time meeting with a select group of startups.”
 
The goal is to help the startups generate local customers, find advisory board candidates, access capital, gather employee referrals and receive business plan and strategy critiques. While the structure is casual, startup founders are given a short time to give their elevator pitches to the executives.

Eight startups pitched their companies, including WiddleDragonID and J-Lynn Entertainment. Additionally, Fast Switch New Ventures and North Coast Angel Fund pitched to the group. “When was the last time a venture group pitched a room full of entrepreneurs,” asked DeAloia.
 
“It was a fascinating mix of people, creeds and generations in the room and I am always jazzed to be in the company of entrepreneurs and the energy and enthusiasm they possess,” says DeAloia. “I dig hanging out with the experienced executive and enjoy the opportunity to explore their experiences.”

No selling is a firm rule at these meetings, which will occur every two months, although DeAloia admits that occasionally the meetings have led to client relationships. The objective is to provide a casual yet controlled forum for executives to learn about technology start-ups in the region and explore ways to help them succeed. 
 
For information about future Tech Strategy events, contact DeAloia.
 
Source: Michael DeAloia
Writer: Karin Connelly


 
 
gordon square residential developer taps into less-is-more movement
When we last checked in with real estate developer Howard Grandon, he was kicking off renovations of a 9,000-square-foot Detroit Shoreway building into four apartments and five retail spaces. The structure, which had housed an illicit nightclub called "Cheerios," sat vacant for seven-plus years before he bought it.

That was then, this is now. Although it's taken him longer than he anticipated, two and a half years later the results are plain. Grandon's building offers some of the most creatively-designed small apartments in Cleveland, a trend that's catching on in major cities.

"Because we were working with green, repurposed materials, we had to fabricate everything. It was more expensive than we anticipated," he says. "That happens in real estate."

It was worth the wait. Grandon himself moved into the building, occupying one of the light-filled apartments overlooking the Gordon Square streetscape. His suite includes a clever nook for his bed, spacious walk-in closet, huge kitchen with a countertop built for entertaining, and exposed spiral ductwork that hugs the ceiling. He has a bathroom straight out of Dwell magazine, including a European-style toilet with hidden plumbing and a glass-walled shower with subway tile.

The apartments, which are all similarly designed, rent for about $850 per month. The rates are about 25 percent cheaper than downtown, and two of the four are occupied. Grandon has completed a third, and the fourth will be ready this year.

Grandon's project also features many green, sustainable features. The wood floors in the units are built from an old parquet floor reclaimed from a gym. Come spring, he'll create unique planters out of old chemistry lab sinks he bought on Lorain Ave.

Grandon says that he's tapping into a small-is-beautiful movement that's popular in our post-recession world. "People are interested in having less possessions and living more efficiently," he says, pointing to huge kitchen counters that make dining room tables redundant and murphy beds that drop from the walls.

Perhaps the most radical feature of Grandon's units is that there are no walls except for the closets and bathrooms. It makes 800 square feet feel entirely liveable.

Grandon's next step is to begin renovating the storefronts. To do that, however, he needs to find willing entrepreneurs who are also bankable. Stay tuned for the next installment in our series covering this creative entrepreneur's endeavors.


Source: Howard Grandon
Writer: Lee Chilcote
venture for america plants fellows to halt brain drain
Venture for America, a non-profit group that places new college grads in startup companies, is coming to Cleveland. The New York-based organization focuses on placing new college grads in jobs at startups in cities with a low cost of living and in the process of revitalization.

“The goal is to create young entrepreneurs,” explains VFA vice president of corporate development Mike Tarullo. “Too many of our best and brightest are going into big firms and too few are going into growth businesses and startups.” Ultimately, the hope is that the fellows will become successful entrepreneurs themselves in the cities where they are assigned.
 
The VFA team scours college campuses for recruits. The grads then spend two years in startup or growing companies, getting hands-on experience in developing a company. The employers pay the fellows $36,000 a year.
 
VFA launched 18 months ago with 40 fellows in five cities: Cincinnati, Detroit, New Orleans, Providence and Las Vegas. This year the organization expanded to Cleveland and Baltimore. The concept is modeled after the Teach for America program, which places new teachers in underserved schools.
 
“We identify cities that are kind of reinventing themselves through entrepreneurship industries,” says Tarullo. “A lot of it is about preventing brain drain.” The VFA wants to create 100,000 new jobs by 2025 by helping young companies expand and train new college graduates to become business builders and job creators.
 
The organization has identified 25 possible Cleveland companies, and Tarullo has already talked to more than 10 companies that are interested in hiring a fellow. “They are all different sizes in all industries,” he says. “The common thread is great leadership and exciting growth opportunities. The fellows can cut their teeth and spend a couple of years learning and growing.”
 
VFA plans to send eight to 10 fellows to Cleveland each year. Tarullo has relied on area support organizations to identify companies. “JumpStart and Bizdom have played a huge role,” he says. “They have welcomed us to the community and introduced us to the right people.”

 
Source: Mike Tarullo
Writer: Karin Connelly
green-street projects could further cement west side's reputation as bike-friendly
As the number of cyclists and pedestrians on the near west side grows and car traffic remains relatively flat, urban planners are giving several streets a "road diet" to make them friendlier for bikers and walkers while still accessible to drivers.

The result will be some of the city's first model green streets.

"We're starting to create all this connectivity," says Ward 15 Councilman Matt Zone, who has helped push green initiatives through city hall, including the "complete and green streets" legislation that passed last year. "The city is realizing they have to accept and build out and incorporate all modes of transportation."

So what does a "road diet" look like? The recently-completed plan for W. 65th Street between Denison Avenue and the lakefront shows curb bumpouts with additional landscaping, striped sharrows for road riders, and a 10-foot-wide multimodal path for peds and cyclists who prefer not to ride in the street.

If the pretty pictures become a reality -- a process that will take several years and require an application to the Northeast Ohio Areawide Coordinating Agency for millions in federal dollars -- it could result in a "healthier" street that better connects the investments happening in near west side neighborhoods.

"This is the main north-south thoroughfare between West Boulevard and W. 25th," says Zone. "We can build off the momentum we've created here. You'll eventually be able to bike from Edgewater Beach to the zoo via W. 65th."

Among the assets in the area, Zone cited the Gordon Square Arts District, the new Max Hayes High School scheduled to break ground this year, the EcoVillage, major employers and eight schools. The W. 65th project will cost about $6 million.

Most importantly, Zone says, streetscape projects like the W. 65th Street re-do make roads safer for kids who walk to school and families without access to a car.

Other green-street projects on the near west side include bike lanes on Detroit Avenue (which will be striped this spring), the planned Train Avenue corridor greenway, the creation of bike lanes on W. 41st and 44th streets in Ohio City (to be completed this year), a new streetscape for Denison Avenue (a few years away) and a planning process for Lorain Avenue (launching this month).

The West 65th Street corridor study was completed by Environmental Design Group, which has offices in both Cleveland and Akron.


Source: Matt Zone
Writer: Lee Chilcote
ohio city developer launches several new projects, including long-stalled jay hotel
The Ohio City developer who successfully turned around the long-struggling block of buildings on W. 25th Street north of Bridge Avenue is turning his attention to two big new real estate projects.

Tom Gillespie, who also owns Gillespie Environmental Technologies, is starting work this month on turning the gutted former Jay Hotel into market-rate apartments. He also recently purchased the shuttered building at 2030 W. 25th Street south of Lorain Avenue that once housed Club Argos.

The Jay Hotel, which was slated to be turned into condos by developer Gordon Priemer before the recession took him out of the game, will benefit from state and federal historic tax credits, funding from the City of Cleveland's vacant properties initiative, and a loan from nonprofit lender Village Capital Corporation. Gillespie says it will house eight apartments and 6,000 square feet of commercial space.

"I want to see it done by the end of 2014," he says. "We bought the mortgage three or four years ago, and it went through foreclosure. It took a long time. The weather started to affect the building, so we also had to do some stabilization."

Suffice it to say that the building will be in tip-top shape by the time renters move in sometime next year. The total leveraged investment will be about $2.6 million.

Gillespie also recently finished renovating the old Near West Woodworks building on W. 25th and Jay into three commercial spaces. The once-blockaded front of the building has been opened up with welcoming storefront windows. Elegansia moved there last year, and a high-end salon will move in later this year.

The bullish developer says he plans to restore 2030 W. 25th using Cleveland's Storefront Renovation Program. He's trying to attract another high-quality food retailer -- possibly a donut shop -- or "anyone who's a good fit." Gillespie promises "something that's market-driven" and fits in with the street's redevelopment.

The developments will fill some of the few remaining empty spaces on the West 25th checkerboard, which now has an occupancy rate of nearly 100 percent.


Source: Tom Gillespie
Writer: Lee Chilcote
shaker launchhouse raises $15k in the name of entrepreneurship
Shaker LaunchHouse raised $15,000 at its second annual gala, held last week at Crawford Galleries of Western Reserve Historical Society. The money will help support Cleveland’s budding entrepreneurs. More than 260 attended the event, which was sponsored by the Shaker Heights Development Corporation.
 
“It was huge,” says LaunchHouse co-founder Todd Goldstein. “There were entrepreneurs, business leaders, successful CEOs of companies and people from the city of Shaker Heights. We even had people who flew in from out of state. It was a broad range of people supporting the entrepreneur community.”
 
The money will be used to support LaunchHouse startups and for programming. Specifically, Freebie Fridays, when people can come into the offices to work and pitch their ideas, will continue. LaunchHouse will also continue its support of the LightHouse Entrepreneurial Accelerator Program (LEAP), a program targeted at high school students.
 
Goldstein points out that LaunchHouse staff will assist anyone with an idea. “We never turn an entrepreneur away,” he says. “If an entrepreneur shows up at our door, we’ll work with them. And we’ve helped hundreds of small business owners who come in on Thursdays for open office hours and one-on-one business advice from our team members.”
 
Since its founding in 2009, LaunchHouse has invested in more than 40 companies, with more than 100 working directly out of LaunchHouse.
 
“Our advanced goal is to be an idea hub in the region,” says Goldstein. “Seeing that many people come out really is a testament to all the entrepreneurial activity happening in Shaker Heights.”
 
Stephanie Colangelo, director of public relations and marketing, adds that LaunchHouse has a solid relationship with other entrepreneurial support organizations. “If something is not necessarily for LaunchHouse, we direct them to JumpStart or Bizdom,” she explains. “And they do the same for us.”

 
Source: Todd Goldstein, Stephanie Colangelo
Writer: Karin Connelly
clinic doctor shares risks of teen pregnancy
In a CBS News feature titled “Teen birth rates hit historic low in U.S.,” Ryan Jaslow notes that teen birth rates are at historic lows due to teens waiting to have sex and the use of more effective birth control and the various risks associated with teen pregnancy.
 
In the piece, the Cleveland Clinic’s own Dr. Ellen Rome, head of the Center for Adolescent Medicine, discusses the various risks associated with teen pregnancy versus those occurring in women over 20. 
 
“One of the biggest risks is that teen moms are less likely to engage in proper prenatal care and more likely to have poor nutrition, sexually transmitted diseases or substance abuse issues that can risk the pregnancy,” Rome is quoted in the piece.
 
Check out the full informative piece here.
fast-growing toa earns forbes honors as one of the 'most promising companies in u.s.'
TOA, a developer and provider of field service and mobile management applications, was named to the Forbes Most Promising Companies in America list, ranking 81 out of 100 and the only Ohio company on the list of privately-held, high-growth companies. TOA went through a rigorous application process to be chosen from thousands of applicants.

“It’s a big honor for us,” says John Opdycke, TOA’s vice president of worldwide marketing. Opdycke and others involved kept the application process a secret until they found out they made the list last week. “Co-founder Yuval Brisker was just over the moon.”

Criteria for the honor included sales and hiring growth, quality of the management team and investors, market size and key partnerships. “It says TOA is a great place to work, our technology solves a problem that reaches a lot of people and we’re recognized as a technology innovator,” says Opdycke.

TOA’s ETAdirect Mobility App provides accurate, up-to-the-minute workforce management on any browser for in-home services – making sure the service people arrive on time.

The Forbes recognition is not only good for TOA’s business, but it helps put Cleveland on the map for technology business as a whole. “We absolutely enjoy and embrace the role of visionary of technology in Northeast Ohio,” says Opdycke. “You think the only companies on the list are in the Silicon Valley, New York or Boston. But you can be doing technology in Cleveland and doing business all over the world.”

Opdycke says the title helps attract top talent and customers from around the country, as well as locally. “It’s a great acknowledgement that we’re a company on the move and were growing,” he says. “It helps us attract people -- the best and the brightest -- retain our customers and attract new customers."

TOA employs 425 people worldwide, with more than 50 in its Beachwood headquarters. Opdycke predicts significant growth in the upcoming year, while continuing to foster creativity among TOA’s current employees and providing top customer service.

 
Source: John Opdycke
Writer: Karin Connelly
cleveland hostel now renting bikes to guests and non-guests
The Cleveland Hostel on W. 25th Street in Ohio City recently acquired a collection of eight bikes for rental purposes. It plans to offer daily rentals to visitors and locals who want to explore the city on two wheels come spring (or now, if you're a snow rider).

"We just got 'em a week and a half ago," says Mark Raymond, the Geneva native who opened Cleveland's first hostel last August. "The Akron Bike Club came up for the West Side Market Centennial on the Towpath, and they liked the hostel so much they donated these bikes."

The eight two-wheelers -- a mix of road bikes and cruisers -- are available for $15 per day if you're a hostel guest or $20 per day if you're not. The bikes are available during regular hostel hours: 9 a.m. until 10 p.m.

Renting bikes was always part of Raymond's plan, and he's excited to showcase his city to travelers who don't have a car or prefer to get around without one. In the past six months, he's hosted travelers from 40 countries around the globe.

The Cleveland Hostel has also hosted visiting artists and individuals affiliated with Cleveland Public Theatre, LAND Studio and other groups. Raymond already has the entire hostel booked by a group of Germans for the Gay Games in 2014.

The hostel is also open to Ohio City residents and the general public for event rentals and special events. Raymond will host bands on the second floor during Brite Winter Festival on Saturday, February 16th. He's even found a hidden market in Clevelanders looking for a place to crash during Ohio City outings.

"We've had a lot of people from the area stay here, especially around New Year's," he says. "They'll see a show, have dinner and then spend the night in the hostel."


Source: Mark Raymond
Writer: Lee Chilcote
wsj calls cleveland an 'overlooked entrepreneurial hub'
In a Wall Street Journal post titled “For U.S. Startups, ‘Times They-are-a-Changing,’” Steve Case, co-founder of AOL, shares his thoughts on entrepreneurship and trends that are changing nationwide, including Cleveland.
 
“I’m convinced that we’re beginning to see a regional 'rise of the rest' as cities like Washington D.C., Denver, Chicago, Atlanta, Raleigh, Cleveland, Detroit and many others experience unprecedented growth in startups. Silicon Valley will continue to be our nation’s most vibrant entrepreneurial hub, but a growing number of companies will start up in these often overlooked places.”
 
“America was built by risk-taking entrepreneurs who throughout history have turned dreams into new businesses, disrupted industries, created new ones and inspired the world.”
 
Check out the full piece here.

to accommodate rapidly growing staff, explorys moves into former museum space
Explorys, which offers a secure software platform that allows healthcare systems to summarize, analyze and manage data, has moved into the former home of MOCA. The Cleveland-based company currently has more than 80 employees and is expected to climb to between 110 and 125 by next year.
rising info tech salaries help local companies attract, retain best workers
Salaries for technology professionals working in Cleveland rose by double percentage points over last year, according to the 2013-2012 Dice Salary Survey from Dice, a career site for technology and engineer professionals.

Salaries for tech and engineering jobs rose 11 percent in the city, compared to the national average of just 5.3 percent. The average salary in 2012 was $75,773, compared to $68,519 in 2011 and $65,045 in 2007, according to the report.
 
“It’s really good to see, from a career perspective, salaries going up,” says NEOSA director Brad Nellis. “We like to see more students go into IT after high school because the pipeline is not full enough. The salaries drive more interest among students to go into IT.”
 
Nellis reports that 82 percent of NEOSA companies had job openings last year, and 73 percent expected to add staff this year. Given Cleveland’s cost of living, the salary increase gives the area an advantage, especially when the 11 percent growth ranked Cleveland fifth out of the seven cities that saw double digit tech salary growth.
 
While some of the smaller and startup tech companies in the region may struggle a bit to offer the higher salaries, JumpStart recruiter Kara Hornikel says these companies are also eager to attract the best employees. “Our startups want to attract and retain top talent,” she says, adding that one third of the 50 to 70 open jobs at JumpStart companies are in IT.
 
There are advantages to working at a startup tech firm too. “It’s a lot more exciting for a developer to work in a startup environment,” says Hornikel. “They get a lot more say from start to finish and they get to stretch their creative skills.”
 
The increase gives technology companies in Cleveland the ability to attract and retain talented employees from both within and outside the region. “Northeast Ohio is starting to recognize how important attraction and retention is,” says Sean Turner, senior recruiter at JumpStart. “We’re trying to be more competitive about attracting talent here. With the salary increases compared to the national average and the cost of doing business here, you get more bang for your buck.”

 
Sources: Brad Nellis, Kara Hornikel, Sean Turner
Writer: Karin Connelly
dispatch covers ohio cities experiencing urban growth
In a Columbus Dispatch story titled “Cities’ hearts beating strong in Ohio’s three C’s,” writer Steve Wartenberg describes the various ways Ohio’s three largest cities are experiencing urban renewal and growth and the benefits that go along with it.
 
“In Cleveland, the Downtown Cleveland Alliance has helped spur $5 billion in investment, including about $3 billion in the central business district,” Michael Deemer, vice president of business development, was quoted as saying.
 
The $350 million Horseshoe Casino has been credited for drawing over a million visitors in its first two months, while the $465 million Cleveland Medical Mart & Convention Center is expected to draw thousands of health-care professionals to Cleveland permanently.
 
“It’s the first of its kind, a medical-innovation showplace,” notes David Gilbert, chief executive of Positively Cleveland.
 
Enjoy the tale of three cities here.

league park project hailed in the new york times
League Park, in Cleveland's Hough neighborhood, was home to the Cleveland Indians until 1946. And it was the site of many of baseball's finest moments, including Babe Ruth's 500th homer and the only World Series triple play.

In this New York Times feature, writer Hillel Kuttler describes efforts to reopen the historic site.
 
"The site has remained virtually untouched since the stadium was razed in 1951. But it is expected to reopen in turn-back-the-clock glory, featuring a baseball diamond aligned as it was during its major league heyday. The field will be made of artificial turf to reduce postponements in Little League, high school, college and recreational baseball games. It may also be used for soccer and football games, as well as concerts and other events. A second baseball diamond and a children’s water park, surrounded by a winding walking track, are to be built on the property."
 
The article describes how this one single project can reinvigorate the entire neighborhood.
 
“I can see things beginning to change,” Robert Denson, an insurance manager and vice president of the League Park Heritage Association, is quoted in the piece. “I think League Park will also be an attraction. Maybe people will think, ‘I can come in and start a business.’ ”
 
Read all the great news here.
lofts at rosetta will be first new downtown apartment building to come online in 2013
Wannabe downtown Cleveland residents who are on waiting lists for the hottest apartment buildings can expect some relief soon. MRN Ltd. plans to open the Lofts at Rosetta Center, an 85-unit building at 629 Euclid Avenue, within just a few short months.

The units, which start at $715 per month for a studio and climb to $1,600 for a spacious two bedroom, began pre-leasing on January 15. MRN already has accepted deposits on several units, and the first residents are expected to move in around March 29.

During a recent preview tour with Leasing Manager Tammy Oliver, Fresh Water observed drywalled units with sleek white kitchens, open loft-style living spaces, walk-in closets and large windows offering views of Euclid Avenue and Lake Erie. The building also has an on-site fitness center and game room, laundry available on every floor, and a tucked-away breakfast and lunch spot called Sammy's.

"We used Stanley Saitowitz, a San Francisco architect with Natoma Architects, who also designed the units in our Uptown project," explains Oliver. "It's a historic renovation project with super modern interiors and really efficient living spaces."

Indeed, the sales pitch holds true. There's little wasted space in these units, which feel roomy even when the square footage says otherwise. The lack of interior hallways and the presence of big, beautiful windows add to the airy, light-flooded feel.

In addition to studios, one bedrooms and two bedrooms, the building also contains loft-style units with semi-open bedrooms (a floor-to-ceiling wall offers separation).

The most heartening trend Oliver has seen is that prospective tenants are coming from outside of downtown, not MRN's other buildings. She's received calls from apartment-seekers from Chagrin Falls, Strongsville, Columbus and other cities.

"We were a little afraid of doing the downtown shuffle, where our residents move to a newer building," she says. "But we're not poaching from other buildings."

Opening new buildings should also make the market more competitive. "The rents were being raised on existing stock faster than the Cleveland employment market could keep up," she says. "We want to offer units students can afford without breaking the bank, and give professionals options so they can move up."

Interested in checking out the latest in downtown living? MRN and Downtown Cleveland Alliance are hosting an open house on Tuesday, Feb. 5 from 5-7 p.m. (NOTE: This event is now sold out, according to the event organizers.)


Source: Tammy Oliver
Writer: Lee Chilcote
roll (tax) credits: a second look at ohio's film tax credits
Back in 2011, Fresh Water ran a feature about Ohio's newly instituted Film Production Tax Credit, which helped attract big-budget productions like "The Avengers" and "Alex Cross," plus smaller films like "Take Shelter" and "Fun Size." We decided to revisit the topic to see how it's working out for Cleveland, and Ohio.
horseshoe casino buzzed about in usa today
In a USA Today special titled “All in: Gambling options proliferate across USA,” Matt Villano discusses the increase in casino gambling and entertainment options across the nation.
 
As the numerous casinos vie for entertainment dollars, many are going a step beyond slot machines and gaming tables. For example, Cleveland’s Horseshoe Casino, currently housed in the historic Higbee building, gets props for its architecture.
 
“Smack in the middle of the Public Square neighborhood in downtown Cleveland, the Horseshoe's claim to fame is the building in which it occupies. The Art Deco Higbee Building dates to 1931, and was the city's first department store. The building (and surrounding Tower City Center complex) was added to the National Register of Historic Places in 1976.” Villano notes.
 
Check out the full piece here.
northeast ohio venture and angel investments up 34% in 2012
In 2012, Northeast Ohio was a popular place for venture capitalists and angel investors to back startup companies. Investments nationally decreased by 10 percent last year, and decreased in the rest of Ohio by 33 percent, according to a study in The MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association.
 
But in Northeast Ohio, according to the Northeast Ohio Venture Capital Advisory Task Force, 105 tech-based companies in Greater Cleveland raised $201 million from venture capitalists and angel investors -- a 34-percent increase over the amount raised by companies in 2011.
 
“We’ve been on an upward trajectory of the number of companies that have been able to raise money,” says Samantha Fryberger, vice president of marketing for JumpStart. “There’s a strong angel community here and our angels are well organized and well educated.”
 
In fact, Northeast Ohio has the first and fifth largest angel funds in the country. Fryberger says the diversity of businesses and the number of support organizations attract investors to Northeast Ohio. 
 
“We have a very robust early-stage investment ecosystem right here in Northeast Ohio,” says Clay Rankin, managing member of the North Coast Angel Fund, which invests in life sciences companies and is the country’s fifth largest angel group. “We’ve been building a lot of momentum in the last six to eight years. We’ve been very fortunate in supporting early stage ventures.”
 
Citing successful companies like Juventas Therapeutics, Cleveland HeartLab and Neuros Medical, Rankin says it’s no wonder Cleveland is growing in investments. “There really are world class companies being developed right here in our backyard,” he says. “When you have world class companies, you attract support from angel groups.”

 
Source: Samantha Fryberger and Clay Rankin
Writer: Karin Connelly