Join the Cleveland Scene Press Club. Because No News is Bad News.

Tuesday, May 29, 2018

Cleveland Chain Reaction Program Heads to Old Brooklyn for Season Two

Posted By on Tue, May 29, 2018 at 1:04 PM

click to enlarge Including individual business' and real estate investments, Slavic Village benefited from a $1 million investment last year. - PHOTO VIA CLE CHAIN REACTION/FACEBOOK
  • Photo via CLE Chain Reaction/Facebook
  • Including individual business' and real estate investments, Slavic Village benefited from a $1 million investment last year.
The Cleveland Chain Reaction program has good news for all businesses in need of investments: there’s an application for that. It's due tomorrow at 3 p.m.

After a successful year of empowering six new businesses to thrive in Slavic Village, with investments totaling more than $600,000, the Cleveland Chain Reaction program is heading to Old Brooklyn for round two. The program is open to pitches from businesses in any industry, ranging from food and retail to unique products and services.



The goal of the economic development project is for five new businesses to open in Old Brooklyn by December, each receiving investments of around $100,000 and advice from local investors. Although the program requires all chosen businesses to relocate to Old Brooklyn, they can come from anywhere.

Inspired by LeBron James' 2016 CNBC reality show, "Cleveland Hustles," the Cleveland Chain Reaction program educates entrepreneurs and business owners, and creates economic activity and jobs in Cleveland's inner cities.

Cleveland Chain Reaction invites all Cleveland neighborhoods to compete for the program's spotlight each year. This year's winning neighborhood of Old Brooklyn is home to around 35,000 people, the Cleveland Metroparks Zoo, Ohio's biggest community garden and more. Ultimately, the program said no to this year's other finalists: Shaker Square/Larchmere, Midtown and North Shore Collinwood.

See what the program has been up to this year.

Tags: , , , , , , ,

We welcome readers to submit letters regarding articles and content in Cleveland Scene. Letters should be a minimum of 150 words, refer to content that has appeared on Cleveland Scene, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at news@clevescene.com.

Cleveland Scene works for you, and your support is essential.

Our small but mighty local team works tirelessly to bring you high-quality, uncensored news and cultural coverage of Cleveland and beyond.

Unlike many newspapers, ours is free – and we'd like to keep it that way, because we believe, now more than ever, everyone deserves access to accurate, independent coverage of their community.

Whether it's a one-time acknowledgement of this article or an ongoing pledge, your support helps keep Cleveland's true free press free.

Read the Digital Print Issue

September 23, 2020

View more issues

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

© 2020 Cleveland Scene: 737 Bolivar Rd., Suite 4100, Cleveland, OH 44115, (216) 505-8199
Logos and trademarks on this site are property of their respective owners.


Website powered by Foundation