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MBDA Business Center Cleveland office earns “outstanding” rating
The Minority Business Development Agency (MBDA) Business Center Cleveland has earned an “outstanding” performance rating for the period from April 1, 2014 through September 30, 2015 from the national MBDA office at the U.S. Department of Commerce.
Since its launch in 2011, the MBDA Business Center Cleveland has worked with minority businesses throughout the State of Ohio. Results include $101M in contract awards, $21M in capital awards, 845 jobs created and 1047 jobs retained. Read more.
The MBDA Business Center Cleveland
is operated by the Commission on Economic Inclusion
, a program of the Greater Cleveland Partnership.
Business and public-sector leaders connect at GCP’s Public Officials Reception
Many thanks to our members and their guests for making the 52nd annual Public Officials Reception a tremendous success! More than 550 Northeast Ohio business community leaders and elected officials attended the event last Friday at Windows on the River. Click to see more event photos.
U.S. economy improving, but recovery is lagging
Although the U.S. economy has improved since the recession, the recovery is still lagging, says Dr. Martin Regalia, the U.S. Chamber of Commerce’s senior vice president for economic and tax policy and chief economist.
Speaking to more than 75 middle-market CEOs at the Greater Cleveland Partnership’s Fourth Quarter Middle-Market Forum last week, he described the economic picture as “glass half-full/glass half-empty.”
Looking ahead, he said that the impact of the slow recovery will continue to be due to several issues including U.S. monetary and fiscal policies.
GCP to support new $20M venture capital fund led by JumpStart
The Greater Cleveland Partnership is proud to announce its limited-partner investment in JumpStart's new for-profit $20M venture capital fund called the JumpStart NEXT Fund.
The fund is focused on co-investing with other VCs and private-sector investors in Ohio-based companies who need to raise $2M-$8M in private capital to continue their growth. Read more.
Seeking state support for Public Square
In this week’s “GCP Insight” interview, learn about the accelerated time line for the $50 million Public Square renovation project so it will be ready in time for the 2016 Republican National Convention and the recent $3.5 million request to the State of Ohio to help close a funding gap.
GCP Senior Vice President of Advocacy Marty McGann points out that the project is 90 percent funded. Click here
or on the image to watch.