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After 10 years and $100 Million, Fund for Our Economic Future at a Crossroads

The Plain Dealer's Robert L. Smith takes a critical look at what our Fund -- "an unprecedented philanthropy collaborative" -- has accomplished in its first 10 years. 

Fund for Our Economic Future Supports New Team NEO, Calls for Northeast Ohio to Adopt Strategies that Address Job Creation, Job Preparation and Job Access

CLEVELAND--Dec. 11, 2014--The members of philanthropic collaboration Fund for Our Economic Future (the Fund) have approved an up-to $250,000 one-year grant to support Team NEO, the new organization guiding the Regional Economic Competitiveness Strategy (RECS), a collaborative effort between the business, philanthropic and public sectors in Northeast Ohio. The grant action reinforces the Fund's commitment to the revamped regional growth strategy announced last month and the transformation of the Northeast Ohio economy so that it benefits all, not just some. The Fund called on others to join it in advancing this goal in "Growth & Opportunity: A Call to Action," released Tuesday at an event in Akron marking 10 years of the Fund's work.

Magnet, Wire-Net Get Together to Speed up Cleveland Manufacturing Sector

Chris Thompson, our Fund's director of regional engagement says “intentional” efforts to increase opportunity are important, in this story about a new collaboration between Fund grantee MAGNET and WIRE-Net -- Accelerate Cleveland Manufacturing -- which is supported by our member The Cleveland Foundation. 

A Showdown in Brook Park between Cash-strapped Local Government and Public Employee Unions: Brent Larkin

“Communities have been and will increasingly confront the hard and uncomfortable truth that the present ways of promoting economic development and delivering services are not fiscally sustainable,” says Fund President Brad Whitehead, in this Plain Dealer article by Brent Larkin about one Northeast Ohio community's efforts to alleviate its fiscal issues.

Crain's Editorial: Team Players

"It's a wise move to invest time, effort and capital in industries that have the highest growth potential," a Crain's Cleveland Business editorial says of the more targeted economic competitiveness strategy underway in Northeast Ohio. 

Regional Council is Banking on Northeast Ohio's Potential

Jay Miller of Crain's Cleveland Business takes a deeper look at the aspirations of the revamped regional economic competitiveness strategy underway.

The Geography of Growth

Our President Brad Whitehead writes guest post on the Living Cities blog looking at the geography of job growth and its implications. "In the wake of the recession, evidence suggests that middle-skill job growth has continued farther and farther away from our core cities," he writes. If we are to sustain our nascent revival and restore economic vibrancy to our communities, we must start a conversation across our cities, suburbs and surrounding communities about the spatial aspects of growth. While any job might seem like a good thing, any job anywhere can be a disastrous strategy in the long term.

Team NEO, NorTech Merge; Part of Regional Strategy

The Business Journal reports on the new Team NEO, which will take on additional functions, including strategy coordination across the economic development system and workforce integration.

A New, More Fortified Team NEO Will Try to Create Jobs in Greater Cleveland

Robert L. Smith of The Plain Dealer reports on the changes afoot to fortify the region's economic competitiveness system and improve business retention and expansion efforts, among others. 

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