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Cities that were based on manufacturing are searching for their next act, and that includes smart manufacturing and other development buckets that depend on new techniques to pay off their investments. Many attempts have been made in our organization over the years to develop programs that would build our innovation muscles, but none have yielded the results that were hoped for or required.
Perhaps optimism springs eternal, but the new project seems to be really promising, both in terms of design and in terms of leadership.
In a report released last week, the Cleveland Innovation Project — a collaboration of the Cleveland Foundation, Fund For Our Economic Future, the Greater Cleveland Partnership, JumpStart, and TeamNEO, with input from approximately 150 partners — provided a report card on the state of innovation in the city in 2021, an overview of projections for 2022, and a list of objectives for 2030.
If the initiative is to achieve its objectives, it will need this kind of hard-headed reality rather than excessive optimism.
There are seven areas of concentration, including smart manufacturing, health care, water technology, workforce talent, capital, digital equality, and the development of place-based innovation zones. Each of these areas has a different focus.
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Selected Foundation News
A customized collection of news from foundations from around the Web.
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Social Entrepreneurship
Spotlight
5 P’s of Social Entrepreneurship
Monika Mitchell, founder of Good Business New York, asks, Do You Have What it Takes to Be a Social Entrepreneur? She lists down the five P’s essential in every entrepreneur: Passion. Purpose. Plan. Partner. Profit.