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Cleveland Foundation Awards Grants to Key Economic Development Organizations

Tuesday, June 29, 2010

Excerpt of story provided by Crain's Cleveland Business
Written by Chuck Soder


The Cleveland Foundation's decision to give less money to the Fund for Our Economic Future won't hurt the budgets of five economic development organizations that receive money from the Fund.

The Cleveland Foundation today announced $2.87 million in grants to four of those organizations, which was enough to cover shortfalls that existed after the foundation dramatically cut the amount of money it gives to the Fund...
 
...Other economic development groups receiving grants today included venture development organization JumpStart Inc., $750,000; regional business recruitment organization Team NEO, $515,000; and the Minority Business Accelerator 2.5+, $400,000. The accelerator program is run by the Greater Cleveland Partnership...

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