Cleveland Avenue launches $70M fund to invest in Chicago's Black The projected start date is January 30, 2023. VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. Area Wide Protective will be providing MOT services. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). This list is designed to show off the investors with exceptional track records, industry experience and a . The project will be constructed in three segments. The project is expected to be completed by spring 2023. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Bonita Beach Road, Bonita Springs (ROW2021-00508): Irby Construction will be replacing poles down Bonita Beach Rd for Florida Power and Light beginning February 6, 2023 through March 6, 2023. This project is expected to be completed in summer 2023. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). Cleveland Clinic Ventures Investor Profile: Portfolio & Exits | PitchBook Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. Since the summer of 2019, Cleveland Avenue, State Treasurer Michael Frerichs, and State Chief Investment Officer Rodrigo Garcia have been in strategic discussions on connecting underrepresented entrepreneurs in under-invested areas in Chicago with capital and business support resources. Thanks to Don and Liz, we are thrilled to be able to invest in talented, promising ventures like AYO Foods, Every Body Eat, 86 Repairs, LiftUp Enterprises, DrugViu, Inc., and Gray Matter Analytics through the CAST US fund, said investors Mark and Kimbra Walter. For further information regarding this project please contact Andrew Sitework, LLC at 239-226-1606 or chad@andrewsitework.com He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . 1375 Euclid Avenue, Cleveland, Ohio 44115 (216) 916-6100 | (877) 399-3307 WKSU is a public media service licensed to Kent State University and operated by Ideastream Public Media. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Motorists and pedestrians are urged to use extra caution in this area. Copyright 2023 Cleveland Avenue, LLC. Oak View Road Widening (Buckingham Road) Fort Myers (ROW2022-01435): Southern Striping Solutions LLC will be performing roadway widening improvements beginning Tuesday, February 6, 2023, and continue through March 16, 2023. Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. Dom's expects to open its first location in Chicago in June. The firm prefers to invest in food tech, restaurant, and technology sectors. The Company invests in restaurant, food, and beverage companies. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Investment Stage Early Stage Venture. During the work processes, men and equipment may be temporarily in the roadway. Summerlin Road from Bass Road to John Morris Rd (ROW2022-00185): Andrew Sitework LLC will be performing sidewalk replacement, landscaping, Grading and sodding, and irrigation improvements along Summerlin Road from Just east of Bass Road going West to John Morris Road. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. For all other questions please call general foreman Denny Spencer (239)810-9071. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com Motorists should use caution while driving in the area. 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. This feature is in beta and may change with future updates. Beyond Meat Closes Latest Fundraising Round Led by Don Thompson and Cleveland Avenue, LLC Investment Firm, http://www.iptv.org/mtom/story/28973/beyond-meat-closes-latest-fundraising-round-led-don-thompson-and-cleveland-avenue, Beyond Meat raises $55 million from Cleveland Avenue and Tyson Foods to triple production | Nuu, http://biofuelsdigest.com/nuudigest/2017/12/13/beyond-meat-raises-55-million-from-cleveland-avenue-and-tyson-foods-to-triple-production/, Drink Maple Pulls in $3.9 Million in New Funding Round - BevNET.com, https://www.bevnet.com/news/2017/drinkmaple-works-close-new-funding-round, Former McDonald's CEO, Don Thompson, Launches Venture Capital Group Named Cleveland Avenue, https://www.blackentrepreneur.com/former-mcdonalds-ceo-don-thompson-launches-venture-capital-group-named-cleveland-avenue/, Former McDonalds CEO Is Launching a Food-Focused VC Firm, https://www.americaninno.com/chicago/former-mcdonalds-ceo-is-launching-a-food-focused-vc-firm/. Founded at M.I.T. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. The project will be constructed in three segments. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. We have curated a list of the top Cleveland Venture Capitalists (VC). Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. We are proud to partner with Cleveland Avenue and tap into over 200 years of collective experience across industries to prepare more entrepreneurs in Illinois for initial and follow-on investments. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. The fund is based in Chicago, Illinois. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Motorists should expect a new traffic pattern on Friday morning, February 25. For questions, please Contact Rob Radford (239) 229-5980. The projected start date is October 1, 2022. Area Wide Protective will be providing MOT services. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. Cleveland Avenue Email Formats & Employee Phones Venture Capital In connection with the proposed business combination involving Ventoux and Presto, Ventoux has filed a registration statement, which includes a preliminary proxy statement/prospectus, with the SEC. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. The projected end date is May 12, 2023. Call (844) 417-2688 with any questions. Return to Cleveland Avenue Site. Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. The work to complete this change will include installation of Qwick Curb along the centerline of Westgate Boulevard, as well as signing and pavement marking modifications, as needed, to restrict the eastbound and westbound movements to only right turns in and out at the intersection. Burnt Store Road from Tropicana Parkway to Pine Island Road: Motorists should expect temporary southbound traffic diversions from 7:00 AM to 7:00 PM. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. He has been with Cleveland Avenue since its inception in September 2015, and has a 30-year career leading financial organizations, including having spent 16 years at McDonalds Corporation. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. Cleveland Avenue Food and Beverage Fund I General Information. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Crystal Drive (Plantation Road to US 41) Water Main Improvements (ROW 2022-00020): Beginning April 4, 2022, contractors for Lee County will install new water main beginning on the west side of Planation Road just south of the roundabout with Crystal Drive. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. For further information, please contact Trevor Bianco at (813) 439-4433 or tbianco@tierraeng.com. Area Wide Protective will be providing MOT services. Cleveland Avenue (investor). Starting Sunday, January 15, 2023, these Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Landscaping Tree Trimming. Area Wide Protective will be providing MOT services. Martin Luther King Jr. Boulevard. Cleveland Avenue acquired 1 company. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Westgate Blvd Cleveland Avenue 29 Portfolio companies, 34 Investments, Team The documents filed or that will be filed with the SEC relating to the proposed business combination (when they are available) can be obtained free of charge from the SECs website at www.sec.gov. Cleveland Avenue Food and Beverage Fund I - PitchBook Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. Motorist should use caution and expect some delays when work is active. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. Periodic lane closures will occur during the dates provided and as described for travel lanes between 9:00 PM to 6:00 AM nightly, Monday through Sunday. SaaS, Android, Cloud Computing, Medical Device). Scotts Safety will be providing all maintenance of traffic services for this project. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. Frerichs office protects consumers by safeguarding more than $3.5 billion in unclaimed property, encouraging savings plans for college or trade school, increasing financial education among all ages, assisting people with disabilities save without losing government benefits, and removing barriers to a secure retirement. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Fueling the success of Black, Latinx, and women entrepreneurs by investing in CAST US is a powerful opportunity to fight racial injustice and build a more equitable future in Chicago, said John Palfrey, president of the John D. and Catherine T. MacArthur Foundation,which is supporting a $10 million investment in CAST US through its Benefit Chicago collaboration withThe Chicago Community Trust, Calvert Impact Capital, and other impact investors. This project consists of widening Burnt Store Road to four lanes. Founded by Don and Liz Thompson, Cleveland Avenue (CA) is a privately-held venture capital firm that invests in, builds and extends brands across a range of companies, industries and . Please use caution and drive with courtesy and patience throughout the project area. Cleveland Avenue - CrunchBase The bridge locations are: A $70M initiative that will bridge the capital and resource gap impacting Black, Latinx, and women entrepreneurs in Chicago's South and West Side neighborhoods. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). Gunnery Road Then continue east to Austin Street and west under US 41 to the north side of Brantley Road and tie into a connection point between Pine Grove and Brantley Pines driveways. 4. Bonita Beach Road SW @ Imperial Shores Bonita Springs (ROW 2022-00816): Andrew Sitework LLC will be performing construction on Imperial Shores Blvd starting July 26, 2022, from Bonita Beach Road to Tarpon Avenue. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. Cleveland Avenue State Treasurers Urban Success Fund. Northbound Bell Blvd. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Lane closures will be limited to between the hours of 9:00pm to 5:00am. Intersection Markings: Intermittent Lane closures and delays are possible on 2-16-23 through 2-22-23 between the hours of 9:00 a.m. to 4:00 p.m. (weather permitting) on the following roadways: This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . We look forward to continuing to work with the Presto team and our investors in consummating this deal and maximizing value for all stakeholders, said Ed Scheetz, CEO & Chairman of Ventoux. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Presto overlays next-gen digital solutions onto the physical world. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). It is a venture capital firm and startup accelerator that is headquartered in, Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in. The MOT/TTC will be provided by Andrew Sitework. Get the full list, Youre viewing 5 of 241 co-investor. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. Presto overlays next-gen digital solutions onto the physical world. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. Voters in 1848 chose to make it an elected office. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Cleveland Avenue Portfolio Investments, Cleveland Avenue Funds For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Please be aware of the advanced warning signs in these areas. . Please use caution and watch for workers and construction vehicles entering and leaving the roadway. WORK PERFORMED BY OTHERS: Diversity Spotlight (US Headquarters Only). Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. We believe the additional capital provides a powerful vote of confidence in the business combination and will give Presto all the tools needed for an excellent start in its public life. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. Operating Status Active. McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. Crews continue earthwork on the causeway islands. There will be lane closures in the westbound and eastbound lanes of Bonita Beach Road, southbound lanes of Windsor Road and southbound outside turning lane of US HWY 41. Southbound will be detoured from Bell Blvd. The projected end date is March 31, 2023. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Pedestrians are not permitted on the Sanibel Causeway. Start Free Trial . Copyright 2023. . Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Established by Illinois Treasurer Frerichs, the Illinois Growth and Innovation Fund (ILGIF) is an evergreen, $1 billion impact investment fund that will invest in ways to attract, assist and retain quality technology-enabled businesses in Illinois. Number of Exits 2. Motorists should use caution, as there will be lane closures and uneven pavement in this area. Cleveland Avenue - Crunchbase Investor Profile & Investments All rights reserved. Working hours shall be from 7:00 AM to 9:00 PM, Monday through Saturday. , New York), and Somrus (a line of Indian flavoured liqueurs). Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. . You can read more about your. Crystal Drive (Plantation Road to US 41) Water Main Improvements (ROW 2022-00020): Beginning April 4, 2022, contractors for Lee County will install new water main beginning on the west side of Planation Road just south of the roundabout with Crystal Drive. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr.
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