Advertisement
Cleveland CAUSE:
On the dawn of the realignment of Northeast Ohio economic development to a regional focus, and an era of other big change not long ago unimaginable - including casino gambling in downtown Cleveland - I’d like to share an entrepreneurs’ outlook, from both native Clevelander and West Coast transplant points of view. These are observations from experience, analyzing and developing businesses both places – my high level working notes.
It has been reported Northeast Ohio has a lack of good entrepreneurial initiatives, a poor flow of venture funds, and a difficult business culture, especially for start-ups. Analyses show nation-wide there are four times the pent up venture funds available as good ventures to take the investments – so it should now be a great time to undertake new businesses. That is what Northeast Ohio wants to see happen, so the community should market to attract entrepreneurs and entrepreneurs should be proactive and reach out for support.
Last week, Ray Leach announced he is where entrepreneurs should start, as he will lead a business, industry, media and university supported program called JumpStart, proposed to become the hub for entrepreneurship in a 13 county region they call Northeast Ohio. It absorbs NEOpreneur, which was an entrepreneur-roots outreach of NorTech, an industry supported economic development service organization of Cleveland Tomorrow, an industry think tank.
JumpStart takes the name of an existing start-up venture fund called JumpStart LLC, and merges with Enterprise Development, Inc. (EDI), both providing early stage business development support, education, coaching, and incubator services in affiliation with Case Western Reserve University (CASE),. CASE also supports technology transfer and numerous engineering, technology, biotechnology and management programs for commercializing intellectual property, including BioEnterprise, CAMP, and TIIME. Entrepreneurs are wise to visit the websites of each of these organizations for ideas and contacts.
CASE plays a big role in the region’s economy, as their many schools and departments collaborate with industry and draw funding from many sources, they fuel creativity and commercialize education programs, business services, and intellectual property. They also draw donations from alumni, and grants and government funds, which all benefit the Cleveland community. CASE technology transfer is led by a team of Carnegie Mellon transplants, who arrived via Silicon Valley, offering world-class capabilities. They are aligned with University Hospitals, and in close proximity to the Cleveland Clinic, all being anchors of what is becoming a BioTech Corridor – Euclid Avenue. It seems start-ups in this and the healthcare sector are well served here – they should definitely consider locating in Cleveland.
Other universities in the region offer similar localized business development collaboration opportunities and objectives – Cleveland State, Kent State, Oberlin, and University of Akron in particular. Each has its own board, leadership, expertise and objectives, and so plan independent strategies. JumpStart envisions representing the interests of all the universities, and having some umbrella representation does strengthen their positions, and regional capabilities.
JumpStart, CASE, other universities, EDI, CAMP, BioEnterprise, and TIIME are each important to entrepreneurship, Cleveland and Northeast Ohio. To represent them all under one coordinated advocacy organization called JumpStart is great – this offers some economies of scale and critical mass in the larger marketplace for funds – public and private. It also may attract better management and business support.
It seems the current leader of JumpStart, Ray Leach, is well qualified. He comes with a background ranging from MIT to working in the polymers sector, based around Akron. At the party announcing the JumpStart name and organization strategy, Ray said he had over 100 business plans to review, which means they have driven plenty of awareness. Entrepreneurs have been waiting years for this day, when we have a single service center for help in Northeast Ohio. Now we need to get more plans flowing into their pipeline, and processed. The day the first JumpStart funded start-up is announced will prove the impact of this strategy.
JumpStart should receive all the support possible, in the media and from leaders in all segments of the community – say yes to their every request, as they offer new, broad, and well managed and led regional opportunity.
But, JumpStart is not all that entrepreneurs need to succeed in Northeast Ohio, and does not meet all the region’s economic development concerns. JumpStart provides many services and solutions, and there must continue to be many others, and each must become stronger.
Each city must continue to have strong internal economic development departments and leaders, and the strongest possible management – which Cleveland now seems to have. Campbell is showing she has a voice and will speak up, and she is having an impact and making intelligent decisions – she is proving to be a highly effective mayor. Her team seems well qualified and effective, as well.
Cleveland matters – it is the biggest city in the region, the reason the region is so densely populated in the first place, and the hub of our area economy. Cleveland is the center of population, transportation, healthcare, law, justice, education, entertainment, hospitality, cuisine, culture, commerce, research and development, bioenterprise, information, technology, design, manufacturing, and everything else important – from New York to Detroit and Chicago, and south to Columbus.
A regional JumpStart will better attract and manage state and federal resources, but local initiatives must still make certain Clevelanders are well educated, happy participants in the economy, and that public and social services are good, the infrastructure is well maintained, and people are safe. Assuming they are well managed, cities are the competitive advantages of regions seeking to stand out in the global economy – and Cleveland is very attractive.
If I am to do business in Northeast Ohio, I want a healthy Cleveland, proper. So I am highly focused on local development issues. To track Cleveland entrepreneur support issues, and services, I established this tribe.
This is intended as an entirely self managed, proactive forum. As Tribe services are free, there is no cost for this community to exist, so it is what it is, for all to determine. Enjoy.
Read through the postings - and feel free to post a resonse to this posting, with your outlook on this range of situations.
For more information, contact Norm Roulet at norm@roulets.net or invite me into your network from my member link
On the dawn of the realignment of Northeast Ohio economic development to a regional focus, and an era of other big change not long ago unimaginable - including casino gambling in downtown Cleveland - I’d like to share an entrepreneurs’ outlook, from both native Clevelander and West Coast transplant points of view. These are observations from experience, analyzing and developing businesses both places – my high level working notes.
It has been reported Northeast Ohio has a lack of good entrepreneurial initiatives, a poor flow of venture funds, and a difficult business culture, especially for start-ups. Analyses show nation-wide there are four times the pent up venture funds available as good ventures to take the investments – so it should now be a great time to undertake new businesses. That is what Northeast Ohio wants to see happen, so the community should market to attract entrepreneurs and entrepreneurs should be proactive and reach out for support.
Last week, Ray Leach announced he is where entrepreneurs should start, as he will lead a business, industry, media and university supported program called JumpStart, proposed to become the hub for entrepreneurship in a 13 county region they call Northeast Ohio. It absorbs NEOpreneur, which was an entrepreneur-roots outreach of NorTech, an industry supported economic development service organization of Cleveland Tomorrow, an industry think tank.
JumpStart takes the name of an existing start-up venture fund called JumpStart LLC, and merges with Enterprise Development, Inc. (EDI), both providing early stage business development support, education, coaching, and incubator services in affiliation with Case Western Reserve University (CASE),. CASE also supports technology transfer and numerous engineering, technology, biotechnology and management programs for commercializing intellectual property, including BioEnterprise, CAMP, and TIIME. Entrepreneurs are wise to visit the websites of each of these organizations for ideas and contacts.
CASE plays a big role in the region’s economy, as their many schools and departments collaborate with industry and draw funding from many sources, they fuel creativity and commercialize education programs, business services, and intellectual property. They also draw donations from alumni, and grants and government funds, which all benefit the Cleveland community. CASE technology transfer is led by a team of Carnegie Mellon transplants, who arrived via Silicon Valley, offering world-class capabilities. They are aligned with University Hospitals, and in close proximity to the Cleveland Clinic, all being anchors of what is becoming a BioTech Corridor – Euclid Avenue. It seems start-ups in this and the healthcare sector are well served here – they should definitely consider locating in Cleveland.
Other universities in the region offer similar localized business development collaboration opportunities and objectives – Cleveland State, Kent State, Oberlin, and University of Akron in particular. Each has its own board, leadership, expertise and objectives, and so plan independent strategies. JumpStart envisions representing the interests of all the universities, and having some umbrella representation does strengthen their positions, and regional capabilities.
JumpStart, CASE, other universities, EDI, CAMP, BioEnterprise, and TIIME are each important to entrepreneurship, Cleveland and Northeast Ohio. To represent them all under one coordinated advocacy organization called JumpStart is great – this offers some economies of scale and critical mass in the larger marketplace for funds – public and private. It also may attract better management and business support.
It seems the current leader of JumpStart, Ray Leach, is well qualified. He comes with a background ranging from MIT to working in the polymers sector, based around Akron. At the party announcing the JumpStart name and organization strategy, Ray said he had over 100 business plans to review, which means they have driven plenty of awareness. Entrepreneurs have been waiting years for this day, when we have a single service center for help in Northeast Ohio. Now we need to get more plans flowing into their pipeline, and processed. The day the first JumpStart funded start-up is announced will prove the impact of this strategy.
JumpStart should receive all the support possible, in the media and from leaders in all segments of the community – say yes to their every request, as they offer new, broad, and well managed and led regional opportunity.
But, JumpStart is not all that entrepreneurs need to succeed in Northeast Ohio, and does not meet all the region’s economic development concerns. JumpStart provides many services and solutions, and there must continue to be many others, and each must become stronger.
Each city must continue to have strong internal economic development departments and leaders, and the strongest possible management – which Cleveland now seems to have. Campbell is showing she has a voice and will speak up, and she is having an impact and making intelligent decisions – she is proving to be a highly effective mayor. Her team seems well qualified and effective, as well.
Cleveland matters – it is the biggest city in the region, the reason the region is so densely populated in the first place, and the hub of our area economy. Cleveland is the center of population, transportation, healthcare, law, justice, education, entertainment, hospitality, cuisine, culture, commerce, research and development, bioenterprise, information, technology, design, manufacturing, and everything else important – from New York to Detroit and Chicago, and south to Columbus.
A regional JumpStart will better attract and manage state and federal resources, but local initiatives must still make certain Clevelanders are well educated, happy participants in the economy, and that public and social services are good, the infrastructure is well maintained, and people are safe. Assuming they are well managed, cities are the competitive advantages of regions seeking to stand out in the global economy – and Cleveland is very attractive.
If I am to do business in Northeast Ohio, I want a healthy Cleveland, proper. So I am highly focused on local development issues. To track Cleveland entrepreneur support issues, and services, I established this tribe.
This is intended as an entirely self managed, proactive forum. As Tribe services are free, there is no cost for this community to exist, so it is what it is, for all to determine. Enjoy.
Read through the postings - and feel free to post a resonse to this posting, with your outlook on this range of situations.
For more information, contact Norm Roulet at norm@roulets.net or invite me into your network from my member link
posted by:
|
Cleveland
|
Advertisement
Advertisement
