Barbara Payne's Capitalist Cleveland Blog

News and Views: Entrepreneurs a-thrive in Northeast Ohio

Tuesday, December 19, 2006

Money to get business

One of the beauties of the modern world is that we can ask for money to help us make money. And now two public service organizations in Ohio have just successfully partnered to get some money to go out and procure other companies to come and do business here. Here's the scoop on Omeris and PolymerOhio:
"...a three-year, $1.5 million 'Asset-based Company Attraction Program' grant...[for] attracting companies to Ohio’s greatest areas of technological strength in the biosciences, including cardiology, cancer, neurosciences, medical polymers, bioinformatics, and agricultural biosciences."
Out of about 8,000 companies around the world with annual sales in excess of $100 million, they hope to attract 8 to 12 companies to relocate existing facilities or establish a new one in Ohio. More here.

Friday, December 08, 2006

Now we're talkin'...Flats could rise again

Much of Cleveland's cool riverfront area died a slow and ignominious death some years ago, and a treasure of a geographic feature has been a-wastin' since then. While the Warehouse District is great, it doesn't take any advantage of this delightful constellation of twisting riverbends, towering salt/sand/rock piles, massive chugging ocean-going vehicles, and miles of banks happy to host the handsome yachts and boats of the region's water-lovers.

It's good to hear that Wolstein developers are bringing the City a proposal to cut down the garage/warehouse/junk buildings cluttering up Old River Road and replace them with cool new stuff, including a public park and walkway. It would be pretty nuts if the multiple owners of the various parcels can't get their act together and agree to polish up this gem again.