milo biotech reaches milestone with fda drug designation
Milo Biotechnology, a BioEnterprise startup created to find therapies for neuromuscular diseases, received FDA orphan drug designation for its AAV1-FS344, a drug that increases muscle strength.
 
The drug is a myostatin inhibitor that produces the protein follistatin, which increases muscle strength. Milo is focused on using the drug for treatment of Becker and Duchenne muscular dystrophy. In both types of the disease, patients have progressive muscle weakness and cardiac and respiratory degeneration. The drug also has potential uses in muscle degeneration in AIDS and cancer patients, but Milo's initial focus is on muscular dystrophy.
 
Orphan drug classification is given to therapies that treat diseases that affect less than 200,000 people nationwide. “Orphan says two things: One, it says this compound looks like it’s effective in some model of whatever disease it’s treating,” explains Al Hawkins, Milo CEO. “Second,  it means that the  target population is under 200,000 patients." The designation gives expedited regulatory review, seven years of post-market exclusivity and it qualifies for an FDA grant program in clinical trials.
 
Milo was founded about a year ago, after receiving a $250,000 investment  from JumpStart. The company also received funding from the North Coast Opportunities Technology fund.
 
Milo's drug is being used in clinical trials at Nationwide Children’s Hospital in Columbus with patients who have Becker muscular dystrophy and inclusion body myositis. Hawkins says the designation will expedite development of the therapy.
 
“There are no approved  drugs for muscular dystrophy, but there are a lot of promising therapies in development,” says Hawkins. “The community has banded together in supporting this, but we are still years away from getting to market.”
 

Source: Al Hawkins
Writer: Karin Connelly
hooftymatch brings local, high-quality meat to the marketplace
Jonathan Yale has always been socially conscious. As an athlete, he is also concerned about what foods he puts into his body. Those two principles came together when Yale and Phillip Williams founded HooftyMatch last August, an online marketplace for buying and selling locally produced meats.

“It started from a nutritional aspect,” says Yale. “I actually went to farms and bought some whole animals. I started educating myself on all the different factors of why it’s better meat.”

Yale and Williams came up with the idea for HooftyMatch after seeing a booming trend in farm-to-table eating and a strong desire to consume meat from humanely treated animals.
 
“We focus on farmers and the trend of beef without hormones or antibiotics,” says Yale. “We want to make that higher-quality product easier to get into the market. We want to have a consumer-friendly product where our customers can buy directly from our site and have it shipped to them or they can pick it up from a set location.”
 
A portfolio company in LaunchHouse Accelerator, HooftyMatch received a $25,000 investment. The company also won Startup Lakewood’s Ideation Challenge last summer.
 
Yale plans on starting a monthly Cleveland Meat Series with "localvore" restaurants to market HooftyMatch and educate people. “There are definitely people who want this and we want to say it’s out there,” he says. “It's good for farmers, it’s good for the restaurant business, and it’s good for people. It’s kind of like a win-win-win.”
 
HooftyMatch plans to officially launch its site next month.

 
Source: Jonathan Yale
Writer: Karin Connelly
reclaimed cleveland turns salvaged wood into sought-after goods
When Deej Lincoln bought Interior Products Company two years ago, he thought he would build upon the commercial millwork company’s reputation for creating beautiful libraries. While the company continues to do library work, a new business built on sustainability, recycling and a bit of nostalgia has evolved.

Reclaimed Cleveland harvests wood from Cleveland properties slated for demolition and turns what they find into functional works of art. “We wanted to build the business in a new direction, and we got into wood reclamation,” explains Lincoln. “The idea resonated with our Interior Products Company customers.”
 
From benches and console tables to bottle openers and iPhone skins, every Reclaimed Cleveland product is stamped with the address of the property from which it came. Much of the focus is on old homes, which have a lot of old-growth wood, and churches.
 
“Obviously, there’s a sustainability component to it,” says Lincoln. “But there’s an aesthetic component that comes from a talented designer.”
 
The inspiration to create products from reclaimed wood came almost out of necessity. “About a year ago, we were sitting on all this wood and we had no furniture designed or built,” says Lincoln. “I said we have to have some holiday gift items at a low price point.”
 
From there, Reclaimed Cleveland made a bottle opener and marketed it through flash sales. “We immediately sold out of them,” says Lincoln. “We were impressed and pleased with the fact it took off as well as it did. I regret as a company, we didn’t do it sooner.” The products have even found a following outside of Cleveland.
 
Aaron Gogolin, who co-founded A Piece of Cleveland (APOC), joined the company in 2011 He helped produce the original products for Reclaimed Cleveland and helps maintain assembly and design standards. David Meyers joined in 2011 and is key in new product designs and branding of Reclaimed Cleveland. The company employs a total of 12 people.

 
Source: Deej Lincoln
Writer: Karin Connelly
biomedical job fair helps start-ups fill spots, keep pace with growth
This week BioEnterprise and Global Cleveland are hosting their fourth online biomedical job fair, hoping to attract top talent to the industry. “This is really driven by the growth in the biomedical sector in Northeast Ohio,” explains Aram Nerpouni, BioEnterprise interim CEO. “We’ve gone from 300 to 700 biomedical companies in the area. Cleveland is becoming a national hotbed for biomedical.”

The job fairs are an effective resource for employers. It is free for employers to post their listings and reach a wide population of qualified candidates. Arteriocyte, which does stem cell research for regenerating bones, has participated in three of the four job fairs this year. In each job fair the company has hired an employee.
 
“For us it’s appealing because it’s pretty easy as an employer,” explains Kolby Day, Arteriocyte‘s vice president and general manager of research and development. “We’ve seen really high caliber talent applying to the postings." Day says they’ve seen applicants from local schools as well as residents who left Cleveland and wish to return.
 
“We’ve interviewed a lot of people and, interestingly enough, they all want to be in Cleveland,” says Day. “A big part of that is how quickly the biotech industry is growing in Cleveland.”
 
Nerpouni points out that the online job fairs especially help the smaller employers. “For smaller companies that are growing rapidly and don’t have an HR staff, it helps them keep up with the pace of growth,” he says. “It’s much easier to hunt as a pack, so potential candidates aren’t looking at just one position.”
 
Close to 50 employers are participating in the job fair this week, posting 200 open positions. BioEnterprise plans to continue the biomedical jobs fairs on a quarterly basis.

 
Sources: Aram Nerpouni and Kolby Day
Writer: Karin Connelly
bgv winner birdtown crossfit to open gym in lakewood
Jillian Neimeister and Tricia Tortoreti met at a CrossFit gym in 2009 and have been friends ever since. In that time, both have become certified trainers and began talking about how they would do things differently if they owned a gym.

 “We got a feel for what we liked and what we disliked,” recalls Neimeister. So after hearing about Bad Girl Ventures’ fall business training program, the two decided to enroll in the class. “We learned a lot,” says Neimeister. “We had a business plan going into it, but throughout the course we completely re-wrote it.”
 
Ultimately Neimeister and Tortoreti not only won a $25,000 loan from BGV to start their business, they also won a loan from BGV loan partner Economic Community Development Institute (ECDI). They decided to accept the ECDI loan, and they plan to open Birdtown CrossFit in Lakewood in January.
 
Birdtown CrossFit is different from most gyms. Instead of treadmills and elliptical machines, CrossFit has jump ropes and barbells. “It’s not your typical gym,” says Tortoreti. “It’s very structured with group classes and hardly any machines.”
 
Neimeister predicts Birdtown will be a welcome addition to Lakewood. “I think there’s definitely demand for it on the west side of Cleveland,” she says. In addition to working at area CrossFit gyms, the two have toured gyms all over the country to get a feel for what they want in their own gym.
 
The BGV loan will now go to Renter's BOOM, a company that uses social media for apartment listings. BGV awarded Tantalize, a mobile spray tanning company, a $5,000 loan.

 
Sources: Jillian Neimeister and Tricia Tortoreti
Writer: Karin Connelly
sensor-guided intubation tube ensures proper placement, prevents harm
When a patient needs a breathing tube or feeding tube, proper placement is critical. Miach Medical Innovations, a company formed in 2011 out of CWRU, is developing tubes with built-in sensors to ensure proper placement.

“Several statistics show the need for properly placing these tubes,” says operations manager Cullen Dolan, who is working on his masters in engineering management. “Ten percent of breathing tubes are not initially placed properly. We found other statistics that show 20 percent of breathing tubes experience unplanned movement and 70 percent of feeding tubes experience unplanned movement. Also, 15 percent of extubate patients need to be reintubated." The ramifications can be damaging and even cause death.
 
The Miach Medical team, which includes CWRU doctors James Reynolds, Jim Rowbottom and Jeff Ustin, is developing sensors to assist caregivers with placement. “It will help caregivers know the tube is properly placed, unplanned movement, and when it is safe for the tube to come out,” explains Dolan.
 
Miach’s developments earned the company top honors at JumpStart's Northeast Ohio Entrepreneur Expo’s student competition. The company won $1,500 for placing first in the competition. Additionally, Miach was awarded $25,000 by the Lorain County Community College Foundation Innovation Fund.
 
The team will use the money on sensor development. “The key is finding a sensor that is cost effective and still meets all of our technical needs,” Dolan says. “We’re working with academic groups and companies to find the sensor we need.”
 
Dolan has found the experience educational and rewarding. “The sensor tube is something that’s needed, and with my background in biomedical engineering this was something I wanted to be a part of,” he says. Representing the company at the expo was a great experience. Winning the competition was just icing on the cake.”

 
Source: Cullen Dolin
Writer: Karin Connelly
mobile app upgrades cavs fans from cheap seats to good seats for a fee
Donna Lee, CEO of MascotSecret, has always eyed with envy the vacant good seats at sporting events. She thought there had to be some way to get those unused good seats into the hands of those sitting in the cheap seats. So Lee and co-founder Jennifer Jeng set out to find a way.

“This is the problem we had growing up -- we always wanted better seats,” says Lee. “You go to the game, you see all the empty seats, and we thought there has to be a better solution.”
 
This past summer, Lee and Jeng moved to Cleveland from San Francisco to develop MascotSecret through Bizdom, a non-profit startup accelerator founded by Dan Gilbert, founder and chairman of Quicken Loans and majority owner of the Cleveland Cavaliers. “It allows you to upgrade your seats during game time through your mobile phone,” explains Lee. “All you need to do is open the app, put in how many tickets you want to upgrade, and then move to your new seats.”
 
Lee says the price to upgrade might be cheaper or more expensiver than face value depending on availability, the game, and other factors.
 
So far, MascotSecret has been testing the app at Cavs games. As a Bizdom company, they have gotten the support from Gilbert and Veritix. “We’ve had a really great response so far," says Lee. "Customers who have heard about it want to try it.”
 
MascotSecret recently received a $25,000 grant from the Lorain County Community College Foundation Innovation Fund, which they will use to further develop the app. The company is beginning talks with the Indians to use the app. The goal is to sell the app to markets across the country.

“Of course we want to expand as quickly as possible,” says Lee. As they expand, the company will be looking for technical and marketing talent.

 
Source: Donna Lee
Writer: Karin Connelly
new cab company brings jobs, state-of-the-art rides to town
There’s a new cab company in town, and owner Ray Ibrahim boasts that his cabs are decked out with the latest technology. Ibrahim, who has logged 30 years in the taxi business in Chicago, moved to Cleveland this past October to expand his Wolley Taxi Company.
 
“The city is growing and so we came here to help out,” says Ibrahim, who sees demand for speedy cab service in Cleveland. “On Fridays and Saturdays, people wait over an hour to get a cab. It shouldn’t be that way.”
 
Based downtown, Wolley Taxi has 40 cars equipped with televisions, GPS and credit card readers. “They’re brand new cabs -- nice and clean. We will take people anywhere they want. We’ve trained our drivers to be very nice.”
 
Ibrahim has appealed to the city this week for permission to serve Hopkins airport. He says the airport could use an additional cab company as customers often have to wait for cab service. “We need these people here to do business,” he says. “We should be waiting for them, they shouldn’t be kept waiting for us.”
 
Right now Wolley employs 40 drivers and eight to 10 office personnel. Ibrahim expects to create another 20 to 25 jobs, as well as add another 40 to 60 cabs, if he gets a contract to service the airport.
 
Ibrahim has some family here, and has been impressed with Cleveland’s growth. Best of all, he enjoys the food the area has to offer. “I like the steak a lot here,” he says. “It’s better than Chicago.”
 

Source: Ray Ibrahim
Writer: Karin Connelly
fitvia app helps users find exercise buddies
Last May, Brandt Butze had what he calls an “Aha! moment.” He was 370 pounds and wanted to lose the weight and get in shape. He went on Facebook and posted that he was committed to walking.
 
“I had 225 comments on my Facebook page and all sorts of support,” he recalls. That first morning, his sister and a group of people met Butze and they went for a 30-minute walk. “We jogged the last block,” he says. “I was in tears there was so much support. Thirty-minute walks turned into 45-minute walks and in three weeks, I was walking six to seven miles a day.”
 
In fact, Butze had so much support that trying to schedule people to walk with him was interfering with actually walking. “I was spending three to four hours a day trying to plan walks,” he says.” I looked for an app to help and I realized other people were in the same boat I was -- finding some way to have a workout schedule where people can work out with other people.”
 
So Butze and friends Aaron Marks, Jonathan Schultz and Kevin Rahilly created FitVia, a mobile app that allows users to post their workout schedules and find others to join them.
 
“We tried different hypotheses, talked to friends and friends of friends and asked them what motivated them, what de-motivated them,” Butze says. “We realized we were on to something.”
 
The four approached LaunchHouse for help developing FitVia and were accepted to the accelerator program. FitVia will launch by the end of the year. “We’re launching this as a premier app initially,” says Butze. “We’re hoping to gain as many people as possible as quickly as possible.”
 
FitVia plans to hire additional staff as they grow. Butze plans to branch out to corporate America as they grow, targeting HR departments as a way to keep healthcare costs down.
 
To date, Butze has lost 71 pounds.

 
Source: Brandt Butze
Writer: Karin Connelly
award-winning amplified wind solutions to power up turbine biz
Amplified Wind Solutions, a Cleveland State University company behind a wind amplification system that can produce up to six times more electricity than a typical wind turbine, won second place and $600 in the student business competition at JumpStart’s Entrepreneur Expo November 13.
 
The AWS founders are targeting the telecommunications industry. “This system can be placed on top of cell phone towers in remote and urban locations, and be used to power the equipment on site,” explains CEO Niki Zmij. “In today's world, wireless communication is growing explosively and as a result more and more towers are going up in the U.S. and abroad. Each new tower has to be powered.”
 
Amplified Wind Solutions was founded in February 2012, based on technology invented by Majid Rashidi, chair of CSU’s engineering technology department. Zmij is working on her MBA. Other company members include Terry Thiele, director of sustainable product strategies at the Lubrizol Corporation. The team recently added Jon Stehura, financial manager at Laird Technologies and former CFO of ParkOhio.
 
AWS has two prototypes -- one at CSU and one at Progressive Field -- and a third prototype in the works that will be the version marketed to the telecommunications industry.
 
Zmij was so busy at the Entrepreneur Expo that she didn’t sit down all day. “It really helped AWS gain exposure within our community as well as make important connections that will support our business development,” she says, adding that she might have found some investment leads as well. “I did speak with a few individuals in the venture capital space who thought our idea was a compelling one and are interested in learning more about our plans.”
 
In addition to the $600, AWS has the opportunity to receive mentoring from JumpStart. “The mentoring alone has an incredible value for our business development,” says Zmij. Student teams from CWRU and Kent State were also winners in the competition.

 
Source: Niki Zmij
Writer: Karin Connelly
launchhouse showcases inaugural lhx startups to 140 investors
LaunchHouse showed off the inaugural 10 tech startup companies in its LaunchHouse Accelerator (LHX) Showcase Day on Wednesday, November 28, as the companies made their first public pitches to attendees and potential investors.
 
LaunchHouse selected the 10 companies from a pool of more than 50 initial applicants last summer. The LHX companies received an initial $25,000 investment and participated in a 12-week program to grow their companies to the validation point.
 
“We took a customer-centric approach to our accelerator,” explains LaunchHouse founder Todd Goldstein. “We’re different than the typical, ‘I have an idea, I’m going to build it and then sell it to customers.’ We took the idea, identified who the customer was, and who was going to buy the product.”
 
This customer-centric approach meant that many of the LHX companies altered their original ideas as they talked to potential customers and develop their products. “They started with one solution and ended up with something completely different,” says Goldstein.
 
For instance, Tagora originally had an idea for an online marketplace like Craigslist or eBay. “What they found was there were 20 other sites out there trying to be a marketplace,” says Goldstein. “After talking to 200 strangers from all walks of life, they developed an aggregate site, providing one-stop shopping for posting all second-hand commerce online.”
 
Goldstein says the customer-centric approach works for both the companies and the region. “We really believe this is the way to do it -- for job creation, for wealth creation,” he says. “All 10 companies started at the same time, and they started feeding off each others' ideas and helping each other.”
 
More than 140 investors from across the country came to Showcase Day to hear the 10 pitches.

 
Source: Todd Goldstein
Writer: Karin Connelly
big river improves online giving, gets boost from jumpstart to expand
Big River helps organizations get the most out of their online giving campaigns with a simple theory: Appeal to what the potential donors react to and they will donate. The theory apparently proves correct. The 18-month-old cloud-based online fundraising platform has won accolades from clients such as the Cleveland Museum of Art and Lorain County Metro Parks in Big River’s ability to increase online giving.
 
“It’s almost like the last 17 years of e-commerce hasn’t made itself accessible to nonprofits,” says Big River founder and CEO Ron Cass. “Nonprofits haven’t done more than PayPal. The Big River product puts the most effective appeal in front of the donor at the right time to maximize that donation.”
 
The key is telling donors what the impact of their donations will be. “They want to know what their money does,” explains Cass. “They want to know what impact their gift is going to have. We allow organizations to create donation products, and then target those asks based on the donor’s history with the organization.”
 
Big River has eight customers of varying sizes and is already generating revenue. The Cleveland Museum of Art is one fan of Big River, reporting that membership has doubled since they hired Big River.
 
One of the first companies to be a part of Bizdom’s Cleveland operation, Big River is expanding within the Bizdom offices. JumpStart announced on Tuesday, November 13th a $250,000 investment in Big River to further expand.
 
“Any time you get an investment it changes the slope of the company,” says Cass. “We are going to focus on sales, marketing and product development.”
 
In addition to adding some new tools and bringing some ideas to reality, Cass also hopes to expand his staff. “A big part of the investment is hiring -- rapidly,” he says. “Around the order of four people in marketing and development.”
 
In the meantime, Cass was impressed with the connections he made at JumpStart’s Entrepreneur Expo this week. “I spoke to a lot of people who said, ‘I know someone with this organization,’” he says. “I got about 20 leads. I was very impressed.”

 
Source: Ron Cass
Writer: Karin Connelly
nortech secures sba contract to grow its flexible electronics cluster
NorTech received one of seven Regional Innovation Cluster contracts from the Small Business Administration to grow its flexible electronics cluster FlexMatters. The four-year, $385,000 contract will allow NorTech to train and assist small companies in the FlexMatters cluster in attracting larger market leaders as customers through its Anchor Customer Engagement (ACE) Academy.
 
“One of the really important things about this contract is it gives us recognition on a federal basis,” says NorTech vice president Byron Clayton. “Being nationally recognized as an emerging cluster helps us bring more federal funding to the region.”
 
This is the fourth time the FlexMatters cluster has been recognized on a national level. The ACE Academy will help give the region an upper hand in terms of both jobs and securing the first customers for new technologies.
 
“It’s designed to help small, emerging businesses capture the first significant customers,” says Clayton of the academy. “It helps them be prepared so if they do get that opportunity to present themselves, they put their best foot forward. The goal is to go away with something concrete.”
 
Success of these businesses translates into more jobs in the region. “It really helps small businesses grow and create high paying jobs in growth industries,” says Clayton. “We’re already seeing success, and we’re just getting started.”

The SBA award is for one year, with a four year renewal option.

 
Source: Byron Clayton
Writer: Karin Connelly
cle native's photo a winner in ron howard's avent-garde film project
Cleveland native Marcellus Nealy was "window shopping" for a camera on the Internet when he came across information about Canon’s Project Imaginat10n contest. The contest involves director Ron Howard selecting 91 photos in 10 categories to be made into films by celebrity directors. Nealy decided to enter, and his photo “Sharing a Smoke” was named a winner in the “relationship” category.
 
"While I was window shopping I stumbled on a site that mentioned last year's contest,” recalls Nealy. “That site made me want to know more about this year's contest. I Googled it, saw that they were still taking submissions, and sent in some photos. I never actually expected to be a winner.”
 
Nealy grew up on Scoville Avenue and the Lee Harvard neighborhoods of Cleveland and attended John Carroll. He now spends most of his time in Tokyo, or with his sister in Willoughby Hills.
 
Nealy’s photo is one of the 91 that celebrity directors -- Eva Longoria, Jamie Foxx, designer and co-founder of Marchesa Georgina Chapman and James Murphy -- will pick from to use for their short films.
 
Nealy shot the photo while on a shoot for a Tokyo-based band. Two of the band members were sharing a cigarette when the inspiration hit Nealy. “Suddenly, I had a vision of them exchanging souls or some cosmic energy or the spirit of creativity or Anima, or whatever you want to call it,” he says. “I thought the smoke would be the best way to express this vision in a tangible way.”
 
The first five films are scheduled to go into production later this year and early 2013, with five more celebrity directors to be named at a later date.

 
Source: Marcellus Nealy
Writer: Karin Connelly
career fair to introduce students and public to countless government gigs
John Carroll University is hosting the fifth annual Government Career Fair today, November 8, from 9 a.m. to 2 p.m. in the Dolan Center for Science and Technology. The fair, sponsored by Cleveland Federal Executive Board and co-hosted by six other area schools, is designed to give attendees in a variety of disciplines insight into landing a government job.
 
“We’re here to educate the public and students about the process, because it is different than applying for a [private sector] job,” explains Barb Koeth, assistant director of the Center for Career Services at JCU. “There are thousands of jobs available on the local, state and federal level.”
 
Fifty-two government agencies will be on hand to recruit for internships and open positions. For the first time this year, the State Department will be in attendance. Workshops specifically for students and recent graduates, veterans, and working for Ohio will be held throughout the day. Informational sessions will be hosted by the Northeast Ohio Regional Fusion Center, the Federal Reserve Bank and the Ohio Legislative Service Commission.
 
The Legislative Service Commission, for instance, has 34 fellowships open each year. “They are in every demographic, for 13 months with full state benefits,” says Koeth.
 
Keynote speaker Stephen Anthony, special agent in charge of the Cleveland FBI office will talk at noon.
 
The event and parking are free and open to the public. The other schools involved are Baldwin-Wallace College, Case Western Reserve University School of Law, Cleveland State University, Hiram College, Notre Dame College and Ursuline College.

 
Source: Barb Koeth
Writer: Karin Connelly
local organizations honored with prestigious economic development award
JumpStart, NorTech and the Greater Cleveland Partnership (GCP) each were recognized by the International Economic Development Council (IEDC) for their work in economic development efforts in the region with gold excellence in economic development awards.
 
JumpStart received the award for entrepreneurship, NorTech received the award for technology-based economic development, and GCP received the award for its business retention and expansion program.
 
Although each organization won in different categories, JumpStart director of communications Samantha Fryberger says it shows the unified effort put behind Cleveland’s economic success. “I think it shows a collaborative regional approach to economic development,” she says. “It recognizes that the approach we’re taking is innovative. The framework is set for a community that comes together collectively as a model.”
 
JumpStart’s efforts to support and grow technology entrepreneurs earned the organization honors. NorTech was recognized in particular for its innovation cluster models, which identify and foster growing industry groups. In the first half of 2012, the GCP’s business retention and expansion team completed 17  projects that resulted in 2,010 jobs created and 3,492 jobs retained. Thirty-three projects are now in the works.
 
Fryberger is pleased that each organization’s efforts are being recognized on a national level. “There’s a collaborative spirit of regionalism and it’s starting to get noticed,” she says. “And that’s really a great thing.”

 
Source: Samantha Fryberger
Writer: Karin Connelly
technology days to foster tech transfer between nasa and private sector
NASA will showcase its best developments in its Space Technology Program November 28-30 at NASA Technology Days, held at Cleveland Public Auditorium. The event will allow the public to see what technological developments come out of NASA Glenn Research Center, many of which could be adopted and implemented in the private sector.
 
NASA Glenn is working with NASA’s Office of Chief Technologies, which conducts ground experiments to further space technology. “Ninety-nine NASA technologies will be showcased,” says Joe Shaw, deputy director of NASA’s Office of Technology Partnerships and Planning. “We want to demonstrate the existing technologies.”
 
Attendees will have the chance to see technologies ready for commercialization, learn about opportunities to partner with NASA on technology development and meet with major research companies.
 
The technologies featured can be transferred into a variety of industries, says Shaw, such as advanced energy, automotive, human health and innovative manufacturing. “These are technology experts showing off their technologies,” says Shaw. “Even though they were developed for space aeronautics, they can be broadly used across many sectors. These industries are extremely important, not just for Northeast Ohio, but for to the Midwest. There are a large number of people in these sectors.”
 
The hope is Technology Days will build partnerships and foster technology transfer between NASA and local businesses. “These technologies can be moved quickly to the commercial sector, which creates economic development, which creates jobs,” says Shaw. This will give companies a chance to learn about the opportunities.”
 
The event is free and open to the public.

 
Source: Joe Shaw
Writer: Karin Connelly
huntington earns top honors from sba for helping local small businesses
Huntington Bank has lived up to its $4 billion commitment to small business and was honored October 24 by the Small Business Administration as the Grand Slam winner for SBA lending in the Cleveland district for fiscal year 2012. The bank led in every SBA lending category: number of loans; loan volume; minority lending; and 504 lending. Huntington also earned the Grand Slam title in 2011 and the Triple Play title in 2010. Huntington is the third largest SBA lender in the country.
 
“We’re committed to Cleveland as a company,” says Huntington’s Greater Cleveland president Dan Walsh. “We’re pleased with the results, not just for Huntington, but for Cleveland. There’s a great renaissance going on here and we believe we can lead the country in investments.”
 
Melt Bar and Grilled is just one growing small business that has benefitted from Huntington’s commitment. Melt owner Matt Fish was self-funded through his first three restaurants, but looked to banks when he decided to expand even more.
 
“We were looking for a financial institution we could partner with long term,” says Fish. “Huntington really stepped up. I was looking for a bank to perform for us, and the SBA was looking for a strong company. It was a win-win situation.” Fish opens his fourth restaurant  this week in Mentor.
 
Walsh sees Melt as the ideal client to grow the economy in Northeast Ohio. “They are the lifeblood for jobs creation and economic growth for our community,” he says. “They have a sustainability model that helps grow and sustain business, which is good for our business.”

 
Sources: Dan Walsh, Matt Fish
Writer: Karin Connelly
entrepreneur expo to showcase 'what's next in neo'
Developing Cleveland area businesses will show off their ideas, technologies and talents at the 2012 Northeast Ohio Entrepreneurial Expo and JumpStart Community Meeting on Tuesday, November 13 from 1 to 5:40 p.m. at CSU’s Wolstein Center.
 
“The theme is, ‘What’s next Northeast Ohio,’” says Samantha Fryberger, JumpStart director of communications. “The idea being, a lot of companies are really early in their development.”
 
The expo will feature 96 area tech startups as well as 32 support organizations, such as Bizdom, Youngstown Business Incubator, Shaker LaunchHouse, Akron ARCHAngels and Ohio Aerospace Institute. Nine student companies will also be featured, one of which will be presented with an award at the event’s close.
 
The showcase will be followed by a panel discussion featuring success stories of area companies that have grown into multi-million dollar businesses. “We’ll have some of the biggest success stories who have merged, sold, been bought out or exited,” explains Fryberger.
 
Goldman Sachs will talk about its 10,000 Small Businesses program, followed by an announcement of JumpStart’s newest portfolio companies.
 
And of course, investors will also be on hand to see what the next great thing is in the region. Fryberger says 25 investors attended the event last year, and she expects the same this year.
 
“It’s a little bit of everything,” says Fryberger. “It’s an opportunity to network. There are some of these companies who could help each other quite a bit. And if you’re very early in development, this is your first opportunity for exposure.”
 
The event is free and open to the public.

 
Source: Samantha Fryberger
Writer: Karin Connelly
new radio station is music to the ears of locals, new staffers
There’s a new radio station in town, playing adult album alternative (AAA) music. Boasting that it's a local station for Clevelanders, by Clevelanders, WLFM 87.7 FM Cleveland’s Sound is independently owned and operated by Tom Wilson and his partners. The group has been buying low-power television stations for the past 12 years. In 2008, they ventured into the low end of the radio dial with a smooth jazz station in Chicago. As former president and general manager of two major Cleveland radio stations, Wilson is a Cleveland radio veteran as well as a native.
 
The Cleveland station has been in the works for about a year and finally went live on September 9. “Basically, it’s a station that delivers a need in the market," says Wilson. “There’s nothing in the Cleveland market, aside from college stations, that’s doing what we’re doing.”
 
Marketing director Kendall Embrescia is excited to bring an out-of-the-box approach to Cleveland radio. “We want to bring a fresh, edgy station to market that really serves a need,” she says. “Within eight weeks of being on the air, we’ve had an incredible response.”
 
The station is bringing back The Inner Sanctum, a weekly show that features only local artists and “is legendary around here,” says Embrescia.
 
Organizers held an open casting call at the Beachland Ballroom in July to staff 87.7, and collected more than 100 resumes. The station built offices and studios from scratch on the fourth floor of the Agora. There are 17 people on staff, plenty of whom are Cleveland radio veterans. Embrescia says they are working with local colleges to put together an internship program for spring.
 
But for Embrescia, it’s all about putting out great music. “We just want to give the listeners the best experience they can possibly have,” she says.
 
The station plans its official launch party on Friday, November 16 from 7-10 p.m. at the Barley House. The event is open to the public.

 
Sources: Tom Wilson and Kendall Embrescia
Writer: Karin Connelly