Cleveland : Buzz

The economy has young people boomeranging back to flyover country cities to live cheap and chase their dreams. Read the full article here.

Nearly $1.5 billion was raised for over a million different campaigns around the world last year by 452 different crowdfunding sites, according to a recent industry report from research firm Massolution.

That number is expected to grow exponentially once US regulators approve a recently-passed law that allows regular people to buy stock in a startup company using crowdfunding.

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You don’t need to put down roots in New York or Silicon Valley to thrive in business today. John Dearborn, president of the nonprofit VC JumpStart Inc., offers three tips for maximizing resources in a mid-sized city. Read the full story here.

WALKING isn’t just good for you. It has become an indicator of your socioeconomic status. Read the full story here.

On Wednesday, April 18, the crowdfunding industry’s 13 top debt and equity crowdfunding platforms and industry experts met to create a Statement of Intent for a lasting organization that will champion, advocate for, and represent the global crowdfunding industry. Two days later, this group—the Crowdfund Intermediary Regulatory Association, or CFIRA—presented its Statement of Intent to the Securities & Exchange Commission (SEC).  CFIRA’s complete Statement of Intent can be found on www.Crowdsourcing.org.

The America21 Project and BioEnterprise are hosts of a groundbreaking national conference dedicated to promoting and accelerating underrepresented minority healthcare innovation and entrepreneurship.  

The First Annual Minority Biomedical Entrepreneurship Conference will be held on May 21 – 22 at the Cleveland Marriott, overlooking the construction of the Cleveland Medical Mart and Convention Center. View event information here.

The Ohio State University and Ohio University are partnering to create a new commercialization and funding model. They have committed $35 million in total to the formation of a venture capital fund designed to meet early-stage funding needs of innovative technology ventures. Read the full story here.

The Angel Capital Association (ACA) and Angel Resource Institute (ARI) have named John Huston as the recipient of the 2012 Hans Severiens Award. For more info, click here.

Details Magazine's Jesse Ashlock joins MSNBC's Morning Joe to discuss a Rust Belt renaissance currently happening in the country. Ashlock cites young entrepreneurs who are helping to revive towns like Pittsburgh, Detroit and Cleveland.

Dr. Hiroyuki Fujita is Founder, President, and CEO of Quality Electrodynamics in Cleveland, Ohio, and last on January 24th, 2012 he was a guest in the First Lady's box at the 2012 State of the Union. He reflects on the experience here.

Purdue University's Burton D. Morgan Center for Entrepreneurship and the Discovery Learning Research Center are expanding their Interns for Entrepreneurship program to place more students in high-tech startup companies in Northeast Ohio. Read the story here.

Cleveland bars scored a hat trick on DRAFT magazine’s "100 Best Beer Bars" list for 2012. Check out the full story here.

A writer for the New York Times had nothing but high praise for Cleveland in a recently published Travel Section article. The subject of the recurring "36 Hours in�" feature, Ohio's north coast metropolis scored big in areas of art, music, dining and entertainment.

"A fiercely blue-collar ethos endures," writes Brett Sokol. "But instead of abandoning the city, local entrepreneurs and bohemian dreamers alike are sinking roots; opening a wave of funky boutiques, offbeat art galleries and sophisticated restaurants; and injecting fresh life into previously rusted-out spaces."

Original source: The New York Times
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