Download - Cleveland Health Tech Corridor- ICIC
Greater University Circle Wealth Building Initiative
Our Anchor Partners
BACKGROUND
2005-Greater University Circle Initiative (GUCI)-Working with the Anchors to create wealth and assets for low income individuals in the surrounding community
Cleveland Foundation led the effort 2009- Health Tech Corridor Initiative – use
the power of anchors to attract businesses 2011-Living Cities awards the Integration
Initiative to take the work to the next level
RESULTS
• Evergreen Companies– 3 companies plus a newspaper (80 jobs)
• New Bridge– Pharm Tech & Phlebotomist
• Supply Chain– First company moving to the City
• Health Tech Corridor– 278,000 square feet developed
– 28 acres brownfield redeveloped
– Over 1,400 new jobs to be created (324 thru 2011)
• Greater University Circle Living– 70 employees assisted to date- initiative expanded
LESSONS LEARNED/ADVICE
Need a Convener- someone who can pull together the Anchors
Analyze the power of the Anchors- Supply Chain, Hiring, Business Attraction
Use “Eds and Meds” Examples to illustrate the positives that can occur when working together
A strong City partner can bring federal and local funds to the table
Communication is key
