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the audacity of the talent dividend

The communities competing for the $1 million Talent Dividend Prize have a modest goal: boosting the number of college degrees in their city by one percentage point. If every participating city meets that goal, it could raise national earnings by a stunning $124 billion.

viewing ohio cities as startups

What if we viewed Ohio cities as startups? "The ingredients for a successful startup and a successful city are remarkably similar," argues tech blogger Jon Bischke. You need to build stuff that people want. You need to attract talent. And you need capital to get your fledgling ideas to a point of sustainability.

founders profile: victoria tifft, 2012 small business person of the year

Victoria Tifft contracted malaria three times during her stint in the Peace Corps, learning firsthand how illnesses can devastate the lives of people in Third World Countries. Once back in the U.S., she was inspired to create Clinical Research Management, a company that conducts clinical research services and now has 350 employees worldwide. Tifft was recently named U.S. Small Business Person of the Year.

new law opens the door to more craft distilleries

One of the most widely read Fresh Water Cleveland  features was a story on Ohio's burgeoning craft distillery trend. But it wasn't all good news: As it stood at the time of publication, only one permit was allowed in each of Cuyahoga, Franklin and Hamilton counties. What's more, those few permit holders could distill but not sell their wares on-site. A new law eliminates the restrictions on the number of permits while enabling holders to sell their products directly to consumers.

inspired by ohio third frontier, national group relocates offices to lorain county community college

A not-so-quiet revolution is taking place at the Entrepreneurship Innovation Center at Lorain County Community College. The organizations and companies located here are helping to propel Ohio's innovation economy forward. Now its newest tenant, the National Association of Seed and Venture Funds, is launching educational programs and a national conference to build on the momentum.

manufacturing shift helps 'cleveland plus' region emerge from rough economic waters

Like most of the country, Northeast Ohio was slammed hard by the tidal wave of the most recent recession. But thanks to an increasingly diversified economic strategy -- one that saw a transition from traditional manufacturing (steel, tires) to modern forms of manufacturing (healthcare equipment, polymers) -- the region is emerging from those damaging waters stronger than it has in the past, say area advocates.

minority biomedical entrepreneurs teach and learn at first national conference in Cleveland

New biomedical companies are a source of growth in Ohio's high tech economy, yet currently, only a fraction of them are helmed by African-American and Latino entrepreneurs. The first ever Minority Biomedical Entrepreneurship Conference aims to connect minorities in Ohio to greater opportunities while also growing the state's biomedical workforce.

from wall street to main street: will equity-based crowdfunding help to grow ohio startups?

Equity-based crowdfunding will allow everyone the opportunity to become a venture capitalist. But is this a good thing? Remember the dot-com bubble that burst in the 1990s? Yet while crowdfunding brings a certain amount of risk, even skeptics say that it has the potential to bring an important source of new capital to Ohio. The emerging phenomenon could also empower a new class of investors.

collaboration in ohio aerospace industry leads towards global leadership

Ohio's aerospace industry is one of the strongest in the country, yet its continued prominence is by no means assured. In the past few years, fierce global competition, rapid industry change and a fragmented business sector were real threats to our ongoing success. Yet now, the newly-created Ohio Aerospace and Aviation Council is offering a unified voice for the industry and creating a platform for continued growth.

q&a: luis proenza, president of the university of akron

Open innovation partnerships between universities and companies can spark new ideas and possibly inventions, says Dr. Luis Proenza of the University of Akron. Recently, hiVelocity spoke with Dr. Proenza about key changes in U.S. patent law, the role of universities in Ohio's entrepreneurial ecosystem, and the catalytic potential of university partnerships.

The Talent Dividend: How more college grads can add to Ohio's bottom line through its cities

What's the best thing a city can do to achieve more economic success? Increase its number of college graduates. The most prosperous cities have the highest number of college grads. Read how the Talent Dividend calculates just how much college degrees add to a city's bottom line--think billions--and why cities from Cleveland to Cincinnati are among the 57 cities competing for the million dollar prize to boost college attainment.

Q&A: Brookings' Jonathan Rothwell on Ohio's green jobs outlook

A new report by the Brookings Institute says Ohio has done pretty well when it comes to creating "green jobs." The report, "Sizing the Clean Economy: A National and Regional Green Jobs Assessment," by the institute's Metropolitan Policy Program, found that one-fourth of Ohio's green jobs are in manufacturing, with Akron, Cleveland, Columbus and Dayton leading the state. hiVelocity spoke with Metropolitan Policy Program Senior Research Analyst Jonathan Rothwell about the report and what it means for Ohio and the nation.

Businesses buy into STEM

What began with the establishment of Columbus's Metro Early College High School in 2006 has grown into a statewide network of STEM schools that turn the traditional classroom on its head. While STEM stands for science, technology, engineering and math, the schools take a broader view, instead working to impart ALL 21st century skills needed for our economy and our communities. One key element in the evolution of Ohio's STEM schools is the partnership between business and education.   

Q&A: Ron Finklestein on job transitions in tough economic times

According to the U.S. Bureau of Labor Statistics, the average college graduate will go through an estimated five transitions during his or her career. In today's economy, however, navigating the tough career landscape calls for a strategic approach. Well-known Akron business consultant, coach and author Ron Finklestein frequently speaks to organizations about career matters and the challenges of today's environment. Finklestein, president of Akris, Inc. and Rpf Group, outlines specific steps for moving forward

Working from home driving you crazy? Co-working can offer sanity, companionship

A home office offers freedom and flexibility. But it can also lead to isolation, tedium and that gotta-get-out-of-here feeling. For on-their-own Ohioans yearning for professional companionship, coworking may be the answer.
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