ideation challenge helps winners turn good ideas into real startups
Startup Lakewood is looking for new businesses and the organization is willing to help entrepreneurs take their ideas to fruition. The second annual Ideation Challenge showcases the new ideas and new business startups that will add to the diversity of the Lakewood business community. 

“We think there are all sorts of people right here in Lakewood who have ideas for businesses but haven’t taken the steps to launch them,” says Mike Belsito, Lakewood’s entrepreneur-in-residence and director of the Ideation Challenge. “New businesses are important to the city, and this is one way to help people actually get started.”
 
Anyone with a business idea can submit an executive summary and a one- to two-minute elevator pitch for a chance to win a prize package that includes consulting, training and other resources for starting a new business. “The prizes will help the entrepreneurs take the next steps and take their ideas into reality,” says Belsito.
 
Two winners will be chosen -- one from Lakewood and one from Northeast Ohio. All entrants will receive feedback from Startup Lakewood. The competition is open to anybody, with the hope that the winners will start their businesses in Lakewood.
 
The deadline to submit executive summaries was recently extended to August 14. Startup Lakewood will then invite finalists by August 17 to make their elevator pitches on August 28 at University of Akron’s Lakewood Campus.
 

Source: Mike Belsito
Writer: Karin Connelly
adding direct-trade coffee, phoenix gives boost to mexican farmers
Phoenix Coffee has introduced a direct trade coffee from Amado Nervo, in the Chiapas area of Mexico, to its menu. By purchasing the coffee directly from the growers, the middleman is eliminated and more money goes directly to the farmers.

“It’s a town of about 1,100 people and coffee is their only crop,” says Christopher Feran, coffee and marketing director for Phoenix. “We’re having a direct impact on the people of Amado Nervo. We like to connect people, and now we’re connecting them through coffee.”
 
Phoenix joined a coffee co-op out of Pittsburgh, Three Rivers Coffee Importers, to obtain the Chiapas coffee. The co-op provides health services, micro loans, low-interest loans, tools and education to the farmers. “This is the first of many direct trades to come,” promises Feran.
 
The direct trade concept fits Phoenix’s philosophy perfectly. “It makes a lot of sense for us,” Feran says. “We’ve always tried to focus on green and sustainability.”
 
The coffee is available online or in Phoenix cafes, in light and dark roasts.

 
Source: Christopher Feran
Writer: Karin Connelly
capital continuum shows entrepreneurs where to find business capital
The Capital Continuum in Northeast Ohio on Thursday, August 2 will feature a panel discussion to help entrepreneurs find ways to access capital for their businesses.

“I believe we’ve created an ecosystem in Northeast Ohio to help entrepreneurs, both public and private,” says Dennis Cocco, manager of the JumpStart Entrepreneurial Network, manager of the Innovation Fund and associate director at Great Lakes Innovation and Development Enterprise (GLIDE). “Entrepreneurship is doing really great in this region, but accessing capital is not the first thing people think about when starting a business.”
 
A lot of local entrepreneurs are not aware of the funding resources that are available in the area. The Continuum is designed to illustrate all that is out there. “Here we have precious capital we’re trying to dole out to the best entrepreneurs,” says Cocco. “But they’re not like banks, which have big buildings with their names on every corner. It would be a shame if people with a good idea fail because they don’t know we’re out there.”
 
Panel members include Cocco, Ken Marblestone, president, Charter One and RBS Citizens; Daniel Kellogg, managing director, Crystal Venture Funds; Claiborne Rankin, manager of North Coast Angel Fund; and Jerry Frantz, managing venture partner with JumpStart.
 
The free event will be held at JumpStart’s offices. Cocco says about 30 people have already signed up and he hopes for 50 or 60. “If 100 show up I’ll be really pleased,” he says.

Registration is required.

 
Source: Dennis Cocco
Writer: Karin Connelly
babl media proves that art, design and creative thinking can build a better business
As a designer and illustrator, Nick Pavlak sees the artistic elements of creating a successful business. From website design to a company logo, he founded BABL Media in April 2011 around the philosophy that art, design and creative thinking can build a better business.
 
That thought proved to be accurate. A little over a year later, BABL Media has made a reputation for itself, especially among startup companies. “Typically, we work with startups with planning, design, and social media,” Pavlak, who is the company’s creative director, says. “We work with them on logo, color palettes and everything associated with their brand.”
 
Pavlak started BABL Media based on his graphic design background. “When we started I discovered everyone needs a website,” he recalls. But he soon realized he needed a little more. So when he ran into college friend Robert Clark at a Rochester Institute of Technology reunion, Pavlak asked Clark to join the company as the master developer. Soon after, Andrew Wozniak joined the team as art director. “He’s very good at handling the details,” says Pavlak. This summer, BABL Media was able to hire two paid interns to work on development.
 
Pavlak and Clark have gone on to form FounderSync with two other partners, a matchmaking site for entrepreneurs. The concept is to pair up entrepreneurs with different skill sets to help each other succeed. Both companies are based out of LaunchHouse.

"Our long term goals for the company are to continue to grow and develop our own process and team so as we can build and innovate great ideas," adds Pavlak. "The more brilliant people we can put together, the more amazing products and technologies we can bring to market. Our end goal is to find the one (or several hopefully) disruptive and ground breaking products that can actually change the world for the better."

 
Source: Nick Pavlak
Writer: Karin Connelly
eqed eyes growth as new solar microinverter makes solar more efficient
eQED is developing a solar microinverter that will improve the efficiency of solar panels. As with all solar panels, an inverter converts the output from the panel to AC power. Normal setups use one large inverter for an entire string of solar panels. eQED’s technology places one small inverter under each panel, increasing the amount of power gained from each solar panel.
 
The HIKARI microinverter provides improved energy harvesting, is more reliable than traditional inverters, and is easier to install and requires little maintenance.
 
“With the microinverter you can adjust each panel individually to adjust for shade or bright sun,” explains John Patrick, chief technical marketing officer. “This way you can extract up to 15 percent more power in shady conditions and five to 10 percent more power in normal conditions.”
 
eQED’s 250-watt HIKARI solar microinverter earned the company a NorTech 2012 Innovation Award in March. eQED is a partner company of Quality Electrodynamics (QED), a medical imaging company. Both are growing substantially. QED employs 87 people – up from 75 a year ago.
 
“We probably have five or six openings right now,” says Patrick. “eQED has 10 people, but that number will grow quite a bit as we commercialize the product.” eQED is in the final stages of development before sending it to market. Patrick says they expect to conduct testing on several hundred units later this year and begin commercial shipments in early 2013.
 
 
Source: John Patrick
Writer: Karin Connelly
booming post-up stand printshop expands from 500 to 30k-square-foot facility
Eight years ago Alon Weiner and Ram Tamir were in the offset printing business, doing flyers and newspaper inserts. But the two of them imagined something bigger – in print format, that is. So, in January 2004, the two founded Post-Up Stand, a large format printing company that does everything from banners and tablecloths to retractable display banners that roll up and down in seconds.
 
“As we looked to diversify the business, we checked the large format printing opportunity,” says Weiner. “After a short time with one large format printer, we realized that this market had much bigger growth potential than offset.”
 
Weiner and Tamir eventually shut down the offset side of the business completely and focused on the large format. “The nice thing about our product is that any business, from mom-and-pop shops to Fortune 500 companies can use them,” says Weiner. “We manufacture for trade shows, retail store displays and non-profits.”
 
Post-Up Stand started in a 500-square-foot office in Valley View with one employee. Today the company has 49 employees and has grown into a 30,000-square-foot facility in Maple Heights.
 
Post-Up Stand has customers across the country, and they are known for quality work done fast. “Everything we do here is custom,” says Weiner. “We keep our technology top of the line. No lens is more than three years old. If we don’t like it, we reprint it.”
 
Weiner credits his customers with Post-Up Stand’s success. “I try to see everything through the customer’s eye,” he says. “Everybody here, no matter what you do, you’re in customer service. We invest a lot in customer service. A lot of returning customers recommend us. Word of mouth is a great tool for us to grow.”

 
Source: Alon Weiner
Writer: Karin Connelly
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
tech-based give camp expects record turnout for third annual event
Give Camp launches its third year in Cleveland this weekend, helping 24 nonprofit organizations develop websites, web-based applications, mobile apps, databases and all that is technical in a three-day whirlwind event at Lean Dog Software and Burke Lakefront Airport.
 
During the weekend, technology professionals, developers, designers, database administrators, marketing professionals and others donate their time to help area nonprofit organizations with a wide range of projects.
 
Give Camp began in 2007 as an idea by a Miscosoft executive as a way to give back to local charities in Dallas. Cleveland Give Camp has grown each year.

“The fact that we’re popular is one of the challenges we’ve had this year,” says spokesperson Amy Wong. “It was so great the last two years, people really want to be involved with the event.”

Last year's camp was valued at $500,000 and year one was valued at $250,000 worth of work performed.
 
Wong expects more than 200 people to turn out this weekend. Part of the reason Give Camp has grown in popularity is the fact that it’s a great opportunity to network. “There are so many diverse people, which is why it’s a great networking event,” explains Wong. “Companies come down as a team, independent tech geeks come down because they want to be a part of something cool.”

Organizers look at need, budget, and scope of the project in selecting the organizations they help. This year, Give Camp Cleveland is one of the beneficiaries. “We’re project number 25,” Wong says. “We need a new website. We joke we’re the cobbler who doesn’t have his own shoes.”

 
Source: Amy Wong
Writer: Karin Connelly
entrepreneurs pitch their ideas for a chance to be a part of launchhouse accelerator
Twenty teams came to LaunchHouse on July 18 to pitch their business ideas for a chance to be accepted into the inaugural LaunchHouse Accelerator program and a $25,000 investment in their businesses at the Tech UnConference.
 
LaunchHouse received a $200,000 grant from the Ohio Third Frontier ONEFund to invest in startups. During the Tech UnConference companies will present three-minute pitches to a panel of Cleveland-area experts. Following the pitch session, companies then had the opportunity to demo their internet, technology or mobile app startup company.
 
The judges will select 10 companies for the accelerator. More than 50 companies applied for the chance to pitch. The chosen companies will then participate in a 12-week program, in which they will have experience-based lab sessions with one on one mentorship, and opportunities to network with successful entrepreneurs.
 
The program curriculum is very customer focused, says LaunchHouse CEO and founder Todd Goldstein. “The companies we select have to be very customer-centric,” he explains. “The entrepreneurs will develop their companies with their clients, so at the end of the 12 weeks they’ve identified who is going to pay for their product and accelerate their business.”
 
Goldstein describes the accelerator as a formalized approach to helping companies. “Up to this point, admission have been on a rolling basis and very informal,” he says. “This is a formalization of the years we’ve spent helping companies.”
 
The 12-week program will conclude with a showcase day, when the businesses will present to investors and venture capitalists. The 10 companies will be announced on Aug.8, with classes beginning Sept. 4.
 
Source: Todd Goldstein
Writer: Karin Connelly
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
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
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
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 design firm blue star sails through first step in securing small biz grant
After 14 years in business, Blue Star Design founder Julia Briggs can tackle just about every type of project that comes her way. Business is booming and now she’s challenged with managing the tremendous growth the firm is experiencing.
 
A graphic designer by training, Biggs started Blue Star out of her house. Blue Star has doubled in size since January, growing from three to six employees plus a part-time sales/business advisor, and they outsource to 25 companies in Cleveland. Blue Star recently garnered the 250 votes needed to go forward in the Chase and Living Social Mission: Small Business grant contest. The votes earned Briggs the right to apply for one of a dozen $250,000 grants.
 
The money would allow Briggs to hire some additional people. First she would make the sales/business advisor a full time position. Other positions would include a graphic designer, an additional operations manager, and an IT development person.
 
“It’s been crazy,” says Briggs. “Last year at this time there were three of us. Our goal is to hire local, or help our partners hire local. We’re not quite sure what person will be needed at what time, but we want to do it smartly.”
 
Briggs will find out in September if Blue Star won one of the grants. In the meantime she is also applying for the Goldman-Sachs 10,000 Small Businesses initiative. She is hoping the 11-week program will offer some useful insight into managing business growth.
 
“It’s the opportunity I was hunting for,” she says of the program. “It typically tends to be an expensive venture when you hire an advisor like that.”

 
Source: Julia Briggs
Writer: Karin Connelly
maker design studio produces designs that impact the city they love
Westleigh Harper, Brian Bernstein and Michael Horton like to share their view of Cleveland through their designs. The three -- Horton and Harper are project designers and Bernstein is a landscape architect -- often work 16-hour days at their day jobs, yet they repeatedly find themselves working on public art projects in their spare time.
 
So the three formed Maker, a multi-disciplinary design studio to create projects that have a positive impact on the city.

“Basically, we’re just an entity to enter design competitions,” says Harper. “It’s something that the three of us get together and look at the city a little differently.”
 
Their perspective has made an impact of various sites within Cleveland. Harper lists their recent projects: “Over the past several years the three of us have collaborated on small projects that pique our interest, including a four-level live/work space on Prospect Avenue, an installation for the June 2012 Made in the 216 event, and a proposal for re-conceptualizing the Euclid Arcade as an emerging design-based incubator.”
 
Maker is currently working on a small public art project along W. 25th Street for MetroHealth Hospital's 175th anniversary. The project was the result of a conversation the three had with LAND Studio in March.
 
“The three of us expressed a desire to get involved with local community organizations that we felt aligned with our motivations to positively impact our city,” explains Harper. “We've found that there are a lot of other people out there that want to maintain the sense of urgency to keep the momentum going in Cleveland, so we proactively seek out those opportunities and hope we can add to it.”

 
Source: Westleigh Harper
Writer: Karin Connelly
tremont electric debuts new version of popular kinetic charger
Tremont Electric has released its nPower PEG Energy Charger after releasing a prototype in 2010 and making improvements to the current model. The nPower charger is the first passive kinetic energy charger that can be used to power handheld devices. The device can be placed in a backpack or bag and harvests the user’s energy during walking, running and biking. That energy can then be used to charge smart phones, MP3 players, GPS systems or any other handheld device.
 
“There’s a loop at the top to hang it from a backpacks, it has a much larger battery pack with more available capacity,” says Tremont Electric founder and CEO Aaron LeMieux. “It can power a 3G device 100 percent, and a 4G device 80 percent.”
 
The nPower is manufactured almost completely in Ohio and distributed through a company in Streetsboro. “Anything we can get locally, we use,” says LeMieux.
 
Tremont Electric now has seven employees. LeMieux most recently hired two engineering technicians. He expects the company to continue to gain momentum. “We’re awfully busy these days,” he says. “We expect the next year to be pretty robust.”

 
Source: Aaron LeMieux
Writer: Karin Connelly
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
 
harness fitness envisions spinning classes that power the grid
Anne Hartnett has a love for cycling. She’s been involved in group cycling and has taught spinning classes for many years. But she thinks there should be something more to it. While she burns energy on the bicycle, she wants to harness that energy to create electric power.
 
Hartnett came up with idea for Harness Fitness, a fitness studio where the cyclists pedal their way to green energy. “I had this idea to harness all this energy created from spinning,” she says. “It’s a concept that’s spreading across the country. The bikes in a group cycling studio should be able to harness energy and convert in to electricity.”
 
The idea started as a fitness studio that sells sustainable fitness apparel. But when Hartnett brought her business to Bad Girl Ventures’ business class, the studio became a vision of a sustainable energy power plant.
 
“I did market research to see if the concept would resonate in Cleveland,” says Hartnett. “I felt it was important to have the green component with a local business perspective.”
 
Hartnett wants to open a studio to teach spinning classes with bikes that are equipped to harness the energy and create electricity. She’s currently researching electric companies that would be willing to match their efforts. Any savings at the end of the month would go to local charities.
 
“It all goes back into the community grid,” says Hartnett. “It’s triple bottom line impact philosophy. It’s socially responsible -- you will be part of a larger community being part of these classes.”
 
The studio isn’t open yet, but Hartnett has found a lot of interest in the Tremont and Ohio City neighborhoods. She won a $5,000 loan in the BGV business plan contest and is continuing fundraising efforts to raise the $20,000 she needs to open. She hopes to open her first studio this fall.

 
Source: Anne Hartnett
Writer: Karin Connelly
neosa survey shows steady growth in technology jobs in northeast ohio
NEOSA recently completed its quarterly survey of Northeast Ohio’s tech sector, which measures how tech businesses are succeeding and their hiring trends and expectations, and the results are strong.
 
“What we’re seeing right now is not overly aggressive growth, but steady growth,” says NEOSA director Brad Nellis. “What I see are generally positive trends. When we compare results from previous surveys, we’re moving in the right direction. We’re really going on measured expansion going on two years.”
 
The survey showed that 67 percent of respondents said first quarter business was either good or very good; 87 percent expect their overall business to improve within the next year; and 73 percent plan to increase their staff.
 
Eighty-two percent of the companies surveyed reported they are currently hiring, which Nellis says is an all-time high in the seven years NEOSA has conducted the survey. The downside is companies are still struggling to find the right talent.
 
“I’m worried about the lack of talent," says Nellis. "The problem is we don’t have a pipeline in the colleges – they’re not graduating enough IT students.”
 
While the lack of IT talent graduating from college is a national problem, Nellis said Cleveland's reputation is improving. “The challenge is it can be difficult to get people to move here from outside the region,” says Nellis. “But Business Week listed Cleveland as one of the hottest tech jobs markets in the country.”
 
And area organizations are working diligently to attract the talent to Cleveland. For instance, Global Cleveland is planning an online career fair for tech jobs.
 
Source: Brad Nellis
Writer: Karin Connelly
 
 
detroit shoreway launches business plan competition to attract new tenants
The Detroit Shoreway Community Development Organization is looking for a few good shops to add to the charm of the Gordon Square Arts District. To bring additional retail business to the area, the group is holding a Best Business Plan competition.
 
First place wins free rent for a year; second place gets six months of free rent; and third place gets three months. Additionally, Cleveland councilman Matt Zone and the Charter One Foundation Growing Communities initiative are offering grants of up to $5,000 to assist the winning businesses with build out and start-up costs. Additional financial resources are also available to businesses in the district.
 
“This is aimed at attracting local retail startup businesses to the district,” says Nick Fedor, Director of Economic Development with DSCDO. “We feel that we have a great base of restaurants and a strong base of assets to build on. We’re hoping this type of contest incentivizes more businesses to locate here.”
 
Ideally, the area could use a home furnishings store, men’s and women’s clothing and accessories store, and a hair or nail salon, Fedor says. “We’re looking for complementary shops to what we have now,” he says. “We are looking to increase the number of reasons why people would want to come to Gordon Square by having a wider variety of retail shops.”
 
The deadline to apply is Friday, June 29th by 5 p.m. Fedor said 40 to 50 people have already expressed an interest in applying. “We’re expecting a robust turnout,” he says.
 
The winners will be chosen July 13th and are expected to open shop in September.


Source: Nick Fedor
Writer: Karin Connelly